What subject does the business rebate fee enter?

What subjects should the sales rebate include?

The rebate of foreign sales should be included in the "sales expenses" subject.

The sales rebate received should offset the inventory cost and be included in the "inventory" account.

According to the provisions of the tax law, after the goods are sold and a special invoice is issued to the buyer, if there is a return or sales discount, the buyer has paid or the payment has not been paid, and the invoice and deduction cannot be returned, the buyer must obtain the Purchase Return Certificate or Discount Request issued by the local tax authorities and send it to the seller as the legal basis for the seller to issue a special red invoice.

1. If the specified quantity is reached, it will be donated in kind.

Goods returned for sale by sales refund shall be regarded as sales and paid value-added tax according to the provisions of the tax law.

Payment of sales rebate:

Debit: Operating expenses

Loans: Goods in stock

Taxes payable-VAT payable (output tax)

At the end of the period, tax adjustments will be made to the donated items.

Accept sales rebate:

The party receiving the rebate of physical sales will reduce the related inventory cost and pay VAT. It needs to be handled in two situations:

(1) If the supplier issues a special VAT invoice, then:

Borrow: inventory goods

Taxes payable-VAT payable (output tax)

Loan: main business cost

(2) If a special VAT invoice is not issued, learn accounting.

Borrow: inventory goods

Loan: main business cost

2. Direct return of payment for goods

Payment of sales rebate:

If the sales rebate is in the form of monetary funds, it shall be paid to the sales rebate party, and it shall be treated as an expense according to the "receipt of purchase voucher or request for discount voucher" obtained.

Debit: Operating expenses

Loans: bank deposits, etc.

But in practice, this rebate method has different accounting methods, and some accountants do this:

Debit: main business income

Loans: bank deposits

Because the cash rebate occurs after the purchase date, it cannot be indicated on the same special VAT invoice. Therefore, rebate can not be deducted from value-added tax, but only from main business income.

Accept sales rebate:

After receiving the sales rebate, the sales cost will be reduced. If the other party issues a red-ink invoice, the input tax will be transferred out.

Debit: bank deposit

Loan: main business cost

Taxes payable-VAT payable (transfer-out input tax)

3. The form of offset payment.

The document Guo Shui Fa [2004] 136 stipulates that all kinds of return income (such as calculated according to a certain proportion, amount and quantity) collected by commercial enterprises from suppliers should be deducted from the current VAT input tax in accordance with the relevant provisions on tax refund, and no business tax is levied. Accounting should be treated as sales discount.

The tax law stipulates that if the sales amount and discount amount are indicated on the same invoice, the seller can calculate the value-added tax according to the discounted balance as the sales amount. If the discount amount is invoiced separately, no matter how it is handled financially, the discount shall not be deducted from the sales amount, and the buyer shall calculate the input tax according to the discounted balance.

If the sales rebate is directly deducted from the sales invoice, it is similar in nature to the sales rebate, and its accounting treatment is the same as that of general commodity discount purchase and sale. The income of the party paying the sales rebate shall be included in the sales revenue according to the net amount after deducting the sales rebate; The cost of receiving sales receipts is included in the purchase cost according to the net amount after deducting sales receipts.

If the rebate amount is invoiced separately, the seller shall write off the income according to the red-ink invoice issued by the competent tax authorities of the buyer, and offset the output tax accordingly.

Payment of sales rebate:

The payer of tax refund shall issue a red-ink VAT discount invoice by returning the purchase or obtaining the discount certificate.

Debit: main business income

Taxes payable-VAT payable (output tax)

Loans: bank deposits

Accept sales rebate:

The party receiving the tax refund will discount the red-ink VAT invoice certified by the tax bureau to offset the input tax.

Debit: bank deposit

Taxes payable-VAT payable (transfer-out input tax) (red)

Loan: other business income (or goods in stock) ... >>

What subject should the sales rebate be recorded in?

If it is returned to the customer, it is for sale:

Debit: sales expenses

Loan: Cash on hand or bank deposit.

What subjects does rebate income include?

Rebates can be included in non-operating income.

How to account for sales rebate 10 points?

If the sales rebate is returned to the sold goods, it shall be regarded as sales in accordance with the provisions of the tax law.

Pay sales rebate: debit: sales expenses, credit: inventory goods.

Accept sales rebate:

The party receiving the rebate of physical sales will reduce the related inventory cost and pay VAT. It needs to be handled in two situations:

(1) If the supplier has a special VAT invoice, then: debit: inventory goods loan: main business cost.

(2) If the special VAT invoice is not issued, it will be borrowed from: goods borrowed from warehouse: main business cost.

The so-called sales rebate refers to the policy that merchants give customers a certain amount of cash back in order to attract customers to buy things from him. Customers buy different goods with different rebates, and generally the goods with high profits also have high rebates.

What subject does the invoicing of sales rebate belong to?

It is estimated that the introducer takes a kickback (to put it mildly, gives a commission), because he has to pay the bill to the purchasing unit, so he has to invoice in full; If your private enterprise directly gives money, it will be pulled down. If it is a formal unit (state-owned enterprise or listed company), it will issue a labor fee ticket to the tax bureau (personal income tax will be deducted). As for whether it can be deducted, it depends on how the other party uses it. If it is used for sales, it is a general taxpayer and can be deducted naturally.

Which subject should rebate be included in?

The phenomenon of "money returned to the claimant when the insurance company handles the claim" is illegal and belongs to commercial bribery. It should not be recorded directly, but should be used for other purposes and recorded in the management expense account.

Borrow: management fee

Credit: cash

What subjects are included in the physical rebate for warehousing?

The supplier shall account for the sales, including the sales discount; The recipient should also truthfully record the donations in kind in the corresponding subjects such as inventory and fixed assets.

In practice, enterprises often confuse kickbacks (discounts) with service fees. The service fee is not necessarily related to the sales volume and sales volume of rebate goods. Usually, it is the income obtained by downstream distributors from providing certain services to suppliers, such as advertising promotion fees, exhibition fees and management fees. Downstream dealers should record the service fee as sales revenue, issue service fee invoices and pay business tax. The supplier shall record the service fee as an expense. If the enterprise confuses the rebate (discount) with the service fee, resulting in incorrect accounting items or incorrect invoice issuance, it may be considered as "off-account confidentiality" and there is a risk of commercial bribery. In practice, there are indeed cases where similar behaviors are investigated and dealt with as commercial bribery by the industrial and commercial departments.

Rebates in the form of physical discounts may be more common in reality. For example, customers can get one for free if they buy ten pieces of equipment a year, or they can get consumables and spare parts for free if they buy enough equipment. Because enterprises are not familiar with relevant laws and regulations and financial treatment, the rebate risk in the form of physical discount is greater. Many enterprises operate irregularly, for example, donated goods are not invoiced, but only allocated by outbound orders; There are also gifts that are not sold, and so on. As the author said in another article in this series, any kind of goods that are not accurately accounted for may be identified as "off-account" and constitute commercial bribery. Therefore, many enterprises' irregular operations are at risk of being identified as commercial bribery. How to standardize the operation of rebate in the form of physical discount? The key point is to take advantage of the safe haven of discounts and treat physical discounts as price discounts, specifically:

-For the free kind, the supplier shall record it as sales volume and include it in the sales discount; The recipient should also truthfully record the donations in kind in the corresponding subjects such as inventory and fixed assets.

-The above sales and sales discounts shall be truthfully reflected in the invoice;

-Relevant contracts shall accurately describe the relevant arrangements for the rebate in kind.

How to deal with rebate expenditure financially?

Operating expenses.

Debit: Operating expenses-rebate 50

Loan: income from main business 42.74

Taxes payable-VAT payable 7.26

Carry-over cost at the end of the period: main business cost 28 (if the cost is 28 yuan).

Credit: Goods in stock 28

Rebate, commission, rebate, admission fee-what subjects should be included?

As long as the deductible limit of the following notice is met, the handling fee and commission expenses can be deducted before tax.

According to the Notice of State Taxation Administration of The People's Republic of China on the Pre-tax Deduction Policy of Enterprise Fees and Commissions (Caishui [2009] No.29), the fees and commissions related to production and operation incurred by enterprises shall be deducted if they do not exceed the following calculation limits; The excess shall not be deducted.

1. Insurance enterprises: Property insurance enterprises calculate the limit according to 15% (including this figure, the same below) of the balance of all premium income in the current year after deducting surrender premium; The life insurance enterprise shall calculate the limit according to the balance 10% of the total premium income in the current year after deducting the surrender premium.

2. Other enterprises: the limit is calculated by 5% of the income confirmed in the service agreement or contract signed with intermediary service institutions or individuals with legal business qualifications (excluding both parties to the transaction and their employees, agents, representatives, etc.). ).

An enterprise shall sign an agency agreement or contract with an intermediary service enterprise or individual with legal business qualifications, and pay handling fees and commissions in accordance with relevant state regulations. Except for entrusting individual agents, the handling fees and commissions paid by enterprises in cash or other non-transfer ways shall not be deducted before tax. Fees and commissions paid by enterprises to relevant securities underwriting institutions for issuing equity securities shall not be deducted before tax.

In addition, according to the Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Certain Tax Treatment of Taxable Income of Enterprise Income Tax (People's Republic of China (PRC) State Taxation Administration of The People's Republic of China AnnouncementNo. 12), enterprises (such as securities, futures, insurance agents, etc.). ) those who are engaged in agency services and whose main business income is fees and commissions are allowed to truthfully declare their actual operating costs (including fees and commissions) before enterprise income tax.

Article 4 of State Taxation Administration of The People's Republic of China Announcement on Several Issues Concerning Tax Treatment of Taxable Income of Enterprise Income Tax (State Taxation Administration of The People's Republic of China AnnouncementNo. 12) stipulates that in the process of developing customers and business (such as entrusting the sales of telephone network cards and telephone prepaid cards, etc.), telecom enterprises need to pay fees and commissions to brokers and agents, and the actual related fees and commissions shall not exceed 5% of the total income of the enterprise in that year. The Announcement of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China on Pre-tax Deduction of Fees and Commissions of Telecom Enterprises (People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.2013 No.59) stipulates that the fees and commissions of telecom enterprises mentioned in Article 4 of People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.2012 15 are limited to those incurred in the process of developing customers and business.

How to calculate sales rebate to offset accounts receivable?

The sales rebate is included in the sales expenses.

Debit: sales expenses-rebate

Credit: Cash on hand