Borrow: bank deposits, etc.
Credit: accounts received in advance
2, discuss with the head office, whether to agree to confirm the income, if so, accounting entries.
Debit: accounts received in advance
Loan: income from main business
Loan: Taxes payable-VAT
At the same time, carry forward the cost of sales
Debit: main business cost
Credit: finished goods (or goods in stock)
3. If you don't plan to report to the company, the income without tickets may not be recorded.
When revenue is recognized, the accounting entries are as follows:
Debit: bank deposit
Loan: income from main business
Loan: Taxes payable-VAT payable (output tax)
The accounting entries of the carry-forward cost are:
Debit: main business cost
Loans: Goods in stock
Extended data:
When an enterprise receives an advance payment, it shall be credited to the "advance payment" first, and the item shall be listed as a liability at this time; When an enterprise issues goods, it will be included in the debit of "prepaid goods" according to the total price tax, because the prepaid goods will be less than the actual price tax.
The balance of "accounts receivable in advance" after an enterprise issues goods is generally a debit, and its essence is the nature of accounts receivable, equivalent to "accounts receivable". Final report.
"Accounts received in advance" at the end of the period should be included in accounts receivable if it is debit balance, and in accounts receivable if it is credit balance. If the enterprise does not have a large number of accounts receivable business in advance, it can be replaced by "accounts receivable", and its presentation method is equivalent.
Accounting content
1. Debit amount (indicating the decrease of accounts received in advance)
Accounts receivable recognized in synchronization with income, customers whose bad debts have been written off have been confirmed to have the ability to resume payment, including accounts receivable, other accounts receivable, unpaid bills receivable, unpaid commercial bills, short-term loans, packaging fees, transportation fees and miscellaneous insurance fees paid by the purchasing unit, etc.
2. Credit amount (indicating the increase of accounts received in advance)
Transfer of customer money received in advance, business money received, commercial bills received in advance, accounts receivable paid by inventory, accounts receivable paid by equity, accounts receivable paid by creditor's rights, fixed assets paid off by intangible assets, confirmed bad debt losses, debt restructuring losses, accounts receivable or other payables.
3. Ending balance
The final credit balance of accounts received in advance reflects the money received in advance by the enterprise from the purchasing unit, and the final debit balance belongs to the nature of accounts receivable, reflecting the money that the enterprise should collect from the purchasing unit or the labor service receiving unit.
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