The input tax has been deducted, and it is necessary to make accounts in Hongchong.
In the process of using special VAT invoices, sometimes the input tax has been deducted, but the red flush is required. In this case, the method of accounting is as follows:
1. Entry of red punch invoices.
1.Enter the invoicing software and click the red word in the "Invoice Filling" interface.
2.Click "Next" in the pop-up window.
3.Click "Confirm" in the pop-up window.
4.Click "Close" in the pop-up window (click "Save" in the upper right corner of the electronic general invoice).
Second, the accounting treatment of red invoices.
1.When purchasing goods, borrow: raw materials Inventory goods Tax payable VAT payable Input tax Credit: Accounts payable Payment payable.
2.When selling goods, debit: accounts receivable receivable credit: main business income tax payable VAT payable output tax.
3.When the invoice is flushed, borrow: main business income tax payable VAT payable output tax credit: tax payable VAT payable input tax credit: inventory goods.
The above is the accounting method for the input tax has been deducted and the red flush is required. It should be noted that when invoicing in red, it is necessary to correctly enter the information of the red-letter invoice, and accurately record the loan account and amount during accounting processing. At the same time, in order to ensure the accuracy of accounting processing, it is recommended to communicate with the merchant or customer to confirm the relevant matters before the red flush invoice.