What if the invoice is recorded but the deduction is not certified?

If the invoice that has not been deducted has been accounted for, it should be accounted for in the detailed account of tax payable-value-added tax payable-to be deducted, and then transferred to the input tax account after deduction next month.

Notice of People's Republic of China (PRC) State Taxation Bureau on Amending the Provisions on the Use of Special VAT Invoices

According to the Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Simplifying the Procedures for Collecting and Using VAT Invoices (People's Republic of China (PRC) State Taxation Administration of The People's Republic of China AnnouncementNo. 19, No.20 14), the general taxpayer loses the invoice and deduction of the special invoice that has been issued, and if it is not authenticated before the loss, the buyer will authenticate it with the copy of the corresponding special invoice bookkeeping copy provided by the seller. If the authentication is consistent, a copy of the special invoice bookkeeping copy and a certificate issued by the competent tax authority of the seller may be presented. Copies of special invoices and vouchers shall be kept for future reference.

Processing method of extended data invoice entry but deduction combined with accounting entries without vouchers;

1, if it does not exceed the certification period, it can be deducted next month.

Debit: prepaid expenses-input tax

raw material

Commodities: Accounts payable (bank deposits)

2. If the certification period exceeds, the tax cannot be deducted.

(1) No liability compensation.

Borrow: raw materials

Credit: prepaid expenses-input tax

Or:

(2) the person responsible for compensation.

Debit: Other receivables.