Accounting entries for certification deduction of special VAT invoices

1, after the special ticket authentication, make the following accounting entries:

Borrow: raw materials (packaging, etc. )

Taxes payable-VAT payable-input tax

Loans: bank deposits, etc.

2. However, it should be noted that if the input tax is inconsistent after certification or needs to be transferred out due to factors such as non-deduction:

Borrow: raw materials, etc

Loan: Taxes payable-VAT payable-Transfer-out.

3. If the ticket entered is not authenticated, please enter the following items:

Borrow: inventory goods (or raw materials, etc.). )

Taxes payable-input tax to be deducted (applicable to the Accounting Standards for Business Enterprises, or "deferred expenses-input tax to be deducted" if not applicable).

Loan: accounts payable (or bank deposits, etc.). )

Wait until the certification before doing specific accounting treatment.

Latest provisions on the deduction period of VAT invoice certification

According to the "Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Cancelling the Time Limit for Certification and Confirmation of VAT Tax Deduction Certificates" (People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.45, No.2017 65438+1010), it is clearly pointed out that the general taxpayer of VAT obtains the special VAT invoice, the special payment letter for VAT imported goods and the unification of motor vehicle sales.

How to account for the special VAT invoice without tax deduction?

The total value-added tax is not deducted from the special value-added tax invoice and is included in the cost account.

Debit: the total amount of taxes equivalent to inventory goods, raw materials and management expenses,

Loans: accounts payable, advance payment, bank deposits, etc.

Special VAT invoices are supervised and printed by State Taxation Administration of The People's Republic of China, People's Republic of China (PRC), and issued by general VAT taxpayers. It is the certificate for the buyer to pay VAT and deduct the input VAT in accordance with the relevant provisions of VAT. It is an important, decisive and legal special invoice in value-added tax calculation and management.