how to keep an account when a company receives a tax-free ticket

VAT is exempted, and accounting treatment is still carried out according to unavoidable VAT. After the tax reduction and exemption is confirmed at the end of the month, it will be transferred to non-operating income. When filling in the VAT return, all taxable items, whether small-scale taxpayers or ordinary taxpayers, are tax-free "sales", not tax-included sales income, because VAT is the price (amount) and tax amount are separated.

For example, the general taxpayer's VAT-free project (the tax rate is 1.3%) has a sales income of 681,111 yuan including tax:

Debit: bank deposit (or accounts receivable) of 681,111 yuan

Loan: main business income of 611,769.91 [681,111 ÷ (1+13%)]

Taxes payable.

end of the month:

Debit: payable taxes-payable value-added tax 78,231.19

Loan: non-operating income 78,231.19

Second, tax-free invoices

are generally used in catering service industries engaged by laid-off, disabled and unemployed people, and enjoy preferential tax policies of the state. The tax department provides tax-free invoices to them.

after receiving the ordinary VAT invoice, the accounting entries of small-scale taxpayers and ordinary taxpayers are the same:

Borrowing: raw materials (or inventory goods, fixed assets, low-value consumables and other subjects)

Lending: bank deposits (or accounts payable, prepayments and other subjects)

After receiving the ordinary VAT invoice, neither small-scale nor ordinary taxpayers can deduct the input tax. The general taxpayer of value-added tax obtains the general ticket, because it is not a special ticket, it cannot be deducted. Small-scale taxpayers themselves can't deduct the input VAT. Therefore, small-scale and ordinary taxpayers can only capitalize the input VAT when they receive ordinary VAT invoices.

: VAT-exempt income refers to income that does not involve VAT output tax. When issuing an ordinary VAT invoice, select duty-free goods (services), and then the invoiced amount is tax-free. If you issue an online invoice or a manual invoice, you can directly issue the tax-free amount.

legal basis: administrative measures for tax reduction and exemption (for trial implementation) article 2 the tax reduction and exemption mentioned in these measures refers to the tax reduction and exemption granted to taxpayers in accordance with tax laws, regulations and relevant state tax regulations (hereinafter referred to as the tax law). Tax reduction refers to the reduction of part of the tax payable; Tax exemption refers to the exemption of a certain tax and a certain item of tax.