The catering industry consumes first and then issues invoices, so accounts are made according to the invoice date.

Under normal circumstances, the catering industry is approved for collection. In other words, no matter how many tickets are issued, the tax payment is basically fixed. If it is an audit receipt, it will be booked after the invoice date.

Specific accounting treatment is as follows:

When receiving payment, please enter the following information:

Borrow: cash or bank deposit

Credit: accounts received in advance

Debit: advance payment

Loan: income from main business

Loan: Taxes payable-VAT payable (output tax)

The above contents are for reference only, thank you.