IntroductionWith the continuous improvement of people's economic level, card consumption is more and more widespread, compared to shopping cards, restaurant cards, beauty cards, etc., these cards are paid for first and then purchased, also known as prepaid cards, now, many companies in the distribution of welfare benefits to employees, will take this form, so the company bought the prepaid card how to do the accounting? Here we will learn together.
A, buy prepaid card how to do accounting?
1, the company purchased the card, make the following entry:
Borrow: prepaid accounts - prepaid card
Credit: bank deposits
2, the company card consumption, make the following entry:
Borrow: administrative expenses/fixed assets and so on (according to the The actual expenditure to charge the subject)
credit: prepaid accounts - prepaid card
2, prepaid card business how to issue invoices?
According to the relevant provisions of the Announcement of the State Administration of Taxation on Several Levy Management Issues of the Pilot Program of Camp Reform and Increase in Taxation (Announcement of the State Administration of Taxation No. 53 of 2016):
1. Methods of invoicing for the sale of prepaid cards
Single-purpose card issuers or card-selling enterprises (hereinafter collectively referred to as the "card-selling party") sell single-purpose cards and sell cards to enterprises (hereinafter collectively referred to as the "card-selling party"), and then sell cards to enterprises. ("card seller") sells single-use cards or accepts the funds received in advance from the recharging of single-use card holders, and does not pay value-added tax (VAT). The card seller may issue ordinary VAT invoices to the card purchaser or recharger in accordance with the provisions of Article 9 of this Announcement, and shall not issue special VAT invoices.
Therefore, no VAT is payable on the sale of prepaid cards, and the card seller shall issue ordinary VAT invoices to the card purchaser and the recharger, and shall not issue special VAT invoices.
2. Invoicing Methods for Actual Consumption
The card purchaser and the actual consumer can only obtain an ordinary VAT invoice once in the whole process, and obtain the classification code of goods and services under "Non-taxable Items for which No Sales Behavior Has Occurred" at the card purchasing process. The ordinary VAT invoice for the sale and recharge of prepaid cards is obtained under the classification code of goods and services as 601 "Non-taxable items without sales behavior" in the purchasing process, and the VAT invoice is not allowed to be obtained again in the consumption process.
Therefore, when the card buyer actually consumes the card, the seller realizes the sale and should pay VAT, and should not issue ordinary invoice to the card buyer.
3. Invoicing Methods for Settlement of Funds
If the seller and the card seller are not the same taxpayer, the seller shall issue a VAT invoice to the card seller when it receives the settlement of sales payment from the card seller, and indicate in the Remarks column that it has received the settlement payment from the prepaid card, and it shall not issue a VAT special invoice.
Therefore, the seller is not required to pay VAT in the fund settlement process and should issue VAT invoices to the card seller.
As an accounting staff, practical training in accounting, learn to carry out the accounts processing is necessary, the above company bought prepaid card how to do the accounts is also the need to master the work of the main points, more accounts processing skills, welcome to continue to pay attention to!