In the process of enterprise production and operation, sometimes things happen but the invoice hasn't arrived yet. At this time, the deduction of input tax cannot be determined, so can input tax be estimated and recorded? I have collected some relevant information about this problem and answered it in detail below. Interested friends may wish to look at the following article by the accounting coach. I believe everyone will gain something after reading this article!
Can input tax be estimated and recorded?
Valuable materials, but the input tax cannot be deducted.
When the purchased materials are temporarily booked at the end of the month because they have not received the invoice bill, only the material cost can be estimated, and there is no need to temporarily book the VAT input tax.
The input tax amount declared for deduction can only be less than or equal to the actually certified input, and the estimated input cannot be certified.
Whether to estimate is a kind of treatment in financial accounting, but the data on the books are not recognized by the tax bureau.
How to deal with the input tax of material estimation warehousing
Borrow: raw materials-estimation
Credit: Accounts Payable-Estimation
After receiving the invoice:
Log off first:
Borrow: raw materials-estimation (red)
Credit: Accounts Payable-Estimation (red ink)
Then keep an account according to the invoice:
Borrow: raw materials
Taxes payable-VAT payable (input tax)
Credit: accounts payable