Attention accountants! IOUs in these businesses will be risky!

Accountants often encounter situations where IOUs are entered into accounts in their daily work. In many cases, IOUs are not in compliance with relevant regulations. However, many accounting associates often cannot tell which situations allow direct IOUs to be entered into accounts. Today I’m going to talk to you about issues related to Baitiao.

First of all, let’s talk to you about what a white note is?

To put it simply, a white note is also a voucher for income and expenditure. When accounting, accountants will basically rely on invoices to enter accounts. , but sometimes it is still unavoidable that there is no invoice, but the business actually occurs. Accountants can only use this informal document as an accounting voucher in accounting processing.

Many accounting friends will have doubts. Is it reasonable to enter IOUs into the account?

From an accounting point of view, if you really encounter a situation where you cannot get an invoice in your daily work, Yes, it is okay to use white slips as accounting vouchers, because there are no absolute requirements in the accounting law. From a tax perspective, it is not allowed to enter accounts through IOUs. When declaring taxes, you must follow the principle of calculating taxes by votes.

If we really encounter a situation where we need to use IOUs to enter the account, we still need to obtain invoices in time or obtain relevant valid vouchers before settlement and settlement. In any case, entering the account through IOUs is only temporary. The invoice must be repaid, otherwise there will be tax risks.

Many accounting friends will also ask, what are the specific risks of entering a white slip into the account?

First, use a white slip to enter the account. If the relevant white slip does not meet the accounting regulations, it will definitely not be allowed. Pre-tax deductions are made. Furthermore, the company may face the risk of tax fines and penalties; if it also involves the payment of personal income taxes, there will be the risk of tax evasion and failure to withhold personal income taxes in accordance with the law.

In our daily work, in which businesses do we often see white notes entered into accounts? The small circle lists some common situations where white notes can be used to enter accounts. You can see the picture below:

As mentioned earlier, pre-tax deductions are not allowed through IOUs. If you need to make pre-tax deductions, you need to obtain relevant legal invoices. But in some cases, pre-tax deductions can be made without invoices. How should the accounting be handled in these cases without invoices? Let’s talk about some common situations below.

Example 1: If Company A sells goods to Company B, the cost of the goods is very high. In order to allow Company B to pay off the cost early, Company A mentioned in the agreement that as long as it is paid off within one month You can enjoy a 10% cash discount on all fees.

The cash discount here can be deducted before tax without an invoice, and the relevant cash discount amount can be included in the financial expenses.

The accounting treatment is as follows:

Example 2: The company pays the corresponding fees to the cleaning lady who is a temporary worker.

If the cost does not exceed 500 yuan, you can rely on a personally issued receipt as a pre-tax deduction voucher without an invoice, and the relevant cleaning costs can be included in the management expenses.

The accounting processing is as follows:

Example 3: In order to attract customers to spend, the company held a lottery event where customers can spend money. The prizes in the lottery were cash, and the cash has been withheld. Paid relevant personal income tax.

Payment in this case can be deducted before tax without the need for an invoice, and the relevant cash costs can be included in the sales expenses.

The accounting process is as follows:

Through the above explanation, do you have a certain understanding of the entry of white slips into the account? Unless it is absolutely necessary, it is best not to use the white slips to enter the account to avoid bringing in trouble. To cause unnecessary trouble.