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How to make accounts when the tax amount of ordinary invoices issued is tax-free?
Borrow: bank deposit (or cash)

Loan: income from main business

Tax-free invoices are usually used in catering services for laid-off workers, disabled people and unemployed people.

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 the invoice will be tax-free amount. If online invoices or manual invoices are issued, the tax-free amount can be directly issued.

Extended data:

Precautions:

1. Taxpayers must issue special invoices for value-added tax within the prescribed time limit, and must not be ahead of time or behind time, such as the day when goods are issued by means of advance payment, collection and acceptance, and entrusted bank collection and settlement.

2. The contents of the invoice shall be truthfully issued according to the actual sales contents, and no false invoice shall be issued. If the fake invoice is found by the tax bureau, it will not only impose a fine on the company, but also revoke the accounting qualification.

3. The invoice must have product details, such as office supplies, and it is not allowed to appear vaguely. If the invoice really needs to open office supplies, it must be accompanied by a sales list with details.

Baidu Encyclopedia-VAT Ordinary Invoice

Baidu encyclopedia-tax-free invoice