Loan: management fee

The accounting treatment of special equipment and technical maintenance expenses of VAT tax control system for deducting VAT is as follows:

(A) the accounting treatment of general VAT taxpayers

According to the relevant provisions of the tax law, if the expenses paid by the general VAT taxpayer for purchasing the special equipment of the VAT tax control system for the first time and the technical maintenance fees paid are allowed to be deducted in full from the VAT payable, a "tax exemption" column should be added under the subject of "Taxes payable-VAT payable" to record the VAT payable deducted by the enterprise according to the regulations.

When purchasing special equipment for the value-added tax control system, enterprises should debit the "fixed assets" account and credit "bank deposits" and "accounts payable" according to the actual amount paid or payable.

And other subjects. According to the provisions of the deduction of VAT payable, debit the "tax payable-VAT payable (tax reduction or exemption)" and credit the "deferred income" account. Accrue depreciation on schedule, debit "management expenses" and other subjects, and credit "accumulated depreciation" subjects; At the same time, debit "deferred income" and credit "management expenses" and other subjects.

When an enterprise incurs technical maintenance costs, it shall debit "management fees" and credit "bank deposits" and other subjects according to the actual amount paid or payable. After deducting the value-added tax payable according to regulations, debit the subject of "tax payable-value-added tax payable (tax reduction or exemption)" and credit the subject of "management expenses".

(B) the accounting treatment of small-scale taxpayers

According to the relevant provisions of the tax law, if the expenses paid by small-scale taxpayers for the initial purchase of special equipment for the VAT control system and the technical maintenance fees paid are allowed to be deducted in full from the VAT payable, the VAT payable deducted according to the regulations should be directly deducted from the subject of "Taxes payable-VAT payable".

When purchasing special equipment for the value-added tax control system, an enterprise shall debit the account of "fixed assets" and credit the account of "bank deposit" and "accounts payable" according to the actual amount paid or payable. According to the provisions of the deduction of VAT payable, debit the "tax payable-VAT payable" subject, and credit the "deferred income" subject. Accrue depreciation on schedule, debit "management expenses" and other subjects, and credit "accumulated depreciation" subjects; At the same time, debit "deferred income" and credit "management expenses" and other subjects.

When an enterprise incurs technical maintenance costs, it shall debit "management fees" and credit "bank deposits" and other subjects according to the actual amount paid or payable. According to the provisions of the deduction of VAT payable, debit "tax payable-VAT payable" subjects, credit "management fees" and other subjects.

If the "tax payable-value-added tax payable" account is the debit balance at the end of the period, it should be listed according to the items of "other current assets" or "other non-current assets" in the balance sheet; If it is a credit balance, it should be listed in the "tax payable" item of the balance sheet.