Main business income

Definition

Mainbusinessincomereferstothebusinessincomeobtainedbyanenterprisefromengagingincertainmainproductionandbusinessactivities.Thenameofthisindicatorintheaccountingsystemofeachindustryisdifferent,butitshallbefilledinaccordingtothecaliberdefinedbytheaccountingsystemorstatementofeachindustry.Amongthem,agriculturalenterprisesreferto"mainbusinessincome";industrialenterprisesreferto"productsalesincome"";Transportationcompaniesreferto"mainbusinessincome";constructioncompaniesreferto"projectsettlementrevenue";wholesaleandretailtradecompaniesreferto"commoditysalesrevenue";realestatecompaniesreferto"realestateoperatingincome";othercompaniesreferto"operating(business))income".Thisindicatorshouldbefilledinbasedontheaggregateddataofthemembercompaniesoftheenterprisegroup.Simplyput,itisthecontentofthemainandconcurrentprojectsregisteredinthebusinesslicenseoftheenterprise.Themainbusinesscontentisthemainbusinessincome,andtheconcurrentbusinesscontentistheotherbusinessincome.

Non-operatingincomereferstothevariousincomesincurredbyanenterprisethatarenotdirectlyrelatedtoproductionandoperation.Itmainlyincludesthefollowingcontents:(1)Fixedassetsinventory,(2)Netincomefromdisposaloffixedassets,(3)Non-monetarytransactionincome(4)Incomefromthesaleofintangibleassets(5)Netincomefromfines(5)Accountsthatcannotbepaidduetocreditors(5)Additionalrefundsforeducationfees.

Otherbusinessincomereferstotheincomeobtainedbythecompanyfromothersalesandotherbusinessesbesidescommoditysales.Itincludesincomefromnon-industriallaborservicessuchasmaterialsales,technologytransfer,agentsales,fixedassetleasing,packagingleasing,andtransportation.

Non-operatingexpensesrefertovariousexpensesincurredbyanenterprisethatarenotdirectlyrelatedtoitsproductionandoperation,suchaslossoffixedassets,netlossofdisposaloffixedassets,lossofsalesofintangibleassets,anddebtrestructuring.

Accountsettings

The"mainbusinessincome"accountisusedtocalculatetheincomegeneratedbythecompanyindailyactivitiessuchassellinggoodsandprovidinglaborservices.Underthe"mainbusinessincome"account,adetailedaccountshouldbesetupaccordingtothetypeofmainbusiness,anddetailedaccountingshouldbecarriedout.Thereshouldbenobalanceattheendofthisaccount

Accountingtreatment

Constructioncontractincome:

1.Constructioncontractandconstructioncontractincome

⑴Constructioncontractreferstoacontractconcludedfortheconstructionofanassetorseveralassetscloselyrelatedindesign,technology,function,enduse,etc.,includingfixed-costcontractsandcost-pluscontracts.

⑵Constructioncontractincomeincludestheinitialincomestipulatedinthecontractandtheincomeformedduetocontractchanges,claims,rewards,etc.

⒉Iftheresultoftheconstructioncontractcanbeestimatedreliably,thepercentageofcompletionmethodshouldbeusedtoconfirmthecontractrevenueandrelatedcontractexpensesonthebalancesheetdate.

⒊Underthecompletionratiomethod,thefollowingformulashouldbeusedtocalculatethecontractrevenueandcontractexpensesrecognizedinthecurrentperiod:

⑴Contractrevenuerecognizedinthecurrentperiod=(totalcontractrevenue×completionschedule)-Accumulatedconfirmedincomeinpreviousfiscalyears

⑵Contractgrossprofitconfirmedinthecurrentperiod=(totalcontractincome-estimatedtotalcontractcost)×completionprogress-accumulatedconfirmedgrossprofitinpreviousfiscalyears

⑶Contractcostconfirmedinthecurrentperiod=contractrevenuerecognizedinthecurrentperiod-contractgrossprofitrecognizedinthecurrentperiod-estimatedlossprovisionforpreviousfiscalyears

⒋Iftheresultoftheconstructioncontractcannotbeestimatedreliably,thepercentageofcompletioncannotbeusedtodetermineContractrevenue.Atthistime,whenthecontractcostcanberecovered,therevenueisrecognizedbasedontheactualcontractcostthatcanberecovered;whenthecontractcostcannotberecovered,therevenueisnotrecognized.

Salebyinstallmentcollection:

1.Salebyinstallmentcollectionreferstoasalesmethodinwhichthegoodshavebeendeliveredbutthepaymentisrecoveredininstallments.Thecharacteristicsofinstallmentsalesarethatthevalueofthegoodssoldisgreater,thecollectionperiodislonger,andtheriskofreceivingpaymentisgreater.Therefore,undertheinstallmentsalesmethod,theenterpriseshouldconfirmthesalesrevenueininstallmentsaccordingtothepaymentdateagreedinthecontract.2.Anenterprisethatadoptsthemethodofinstalmentcollectionandsalesshouldsetupanaccountof"InstalmentCollectionandDeliveryofCommodities"toaccountforthecostofgoodsthathavebeenissuedbutnotyetcarriedforward.

⒊Accountingprocessingexampleofinstallmentcollectionandsales:

[Example]DahuaCompanywillsellacommodityAbyinstallmentcollectiononJune1,20X0,thepriceis500000yuan,thevalue-addedtaxrateis17%,theactualcostis300000yuan,thecontractualpaymentisrecoveredinanaverageof5years,theannualpaymentdateisJune1ofthecurrentyear,andthefirstfuturespaymentispaidafterthegoodsareissued.Theannualpaymentforgoodsis100,000(500000÷5)yuan.

Theenterpriseshouldmakethefollowingaccountingentries(assumingthatalltheconditionsfortheconfirmationofsalesofgoodsincomearemet):

①Whenthegoodsaresentout:

borrow:installmentcollectionSendgoods300000

Loan:inventorygoods300000

②EveryJune1st:

Debit:accountsreceivable(orbankdeposit)117000

Loan:mainbusinessincome100000

Taxespayable──Value-addedtaxpayable(outputtax)17000

③SimultaneoussettlementThecostoftransferringgoods=300000÷500000×100000=60000yuan

Borrowing:mainbusinesscost60000

Loan:receivingpaymentininstallmentsandissuinggoods60000

Salesrefundsandsalesdiscounts:

[Example1]AbatchofgoodssoldbyDahuaCompanytoDaxingCompany,thepriceontheVATinvoiceis80000Thevalue-addedtaxamountedto13,600yuan.Afterthegoodsarrived,thebuyerfoundthatthequalityofthegoodswasunqualified,andaskedfora5%discountontheprice.

①Whensalesarerealized,DahuaCompanyshallmakethefollowingaccountingentries:

Borrow:Accountsreceivable──DaxingEnterprise93600

：Mainbusinessincome80000

Taxpayable──Value-addedtaxpayable(outputtax)13600

②Whenasalesdiscountisissued:

Borrow:Mainbusinessincome4000

Taxespayable──Value-addedtaxpayable(outputtax)680

Loan:Accountsreceivable──DaxingEnterprise4680

③Whenthemoneyisactuallyreceived:

Borrow:Bankdeposit88920

Loan:Accountreceivable──DaxingEnterprise88920

[Example2]IfDaxingCompanyrequestedtoreturnthegoodsintheaboveexample,then

①Whensalesarerealized,DahuaCompanyshouldmakethefollowingaccountingentries:

Borrow:Accountsreceivable──DaxingEnterprise93600

Loan:Mainbusinessincome80000

Taxespayable──Value-addedtaxpayable(outputtax)13600

②Whenasalesreturnisissued:

borrow:Mainbusinessincome80000

Taxespayable──VATpayable(outputTax)13600

Loan:Accountsreceivable──DaxingEnterprise93600

Salesinvolvingcashdiscounts:

[Example]DahuaCompanysold100productsonMay1,20X1,andthevalue-addedtaxinvoiceindicatedthatthepaymentwas10,000yuanandthevalue-addedtaxamountwas1,700yuan.Inordertorecoverthepaymentasearlyaspossible,thecashdiscountconditionsstipulatedinthecontractareasfollows:

2/10-1/20-n/30,assumingthatvalue-addedtaxisnotconsideredwhencalculatingthediscount.Thecompanyusesthetotalpricemethodtocalculatethecashdiscount.

⑴WhenthesaleisrealizedonMay1,revenueshouldbebasedonthetotalsellingprice:

borrow:accountsreceivable11700

loan:mainbusinessIncome10000

Taxespayable──VATpayable(outputtax)1700

⑵IfthebuyerpaysthegoodsonMay9,thepricewillbe102%of000yuanenjoysacashdiscountof200yuan(10000×2%).DahuaCompanyshouldrecord:

borrow:bankdeposit11500

financialexpenses200

Loan:Accountsreceivable11700

(3)IfthebuyerpaysforthegoodsonMay18,heshallenjoyacashdiscountof100yuan(10000×10%),DahuaCompanyshouldrecord:

Borrow:Bankdeposit11600

Financialexpenses100

Loan:Accountreceivable11700

⑷IfthebuyerpaysattheendofMay,thepaymentshouldbemadeinfull.DahuaCompanyshouldrecord:

borrow:bankdeposit11700

loan:shouldReceivables11700

Laborserviceincomethatdoesnotcrosstheyear:

Thelaborincomethatdoesnotcrosstheyear,accordingtotheaccountingtreatmentofthecompletioncontractmethod

[Example]Alaundrycompanycompletesthewashingofabatchofclothingforahotel,andobtainsacheckfor3,000yuanwhentheclothingisreceivedatthehotelanddepositsitinthebank,thenthelaundrycompanyshouldrecord:

Borrow:bankdeposit3,000

Loan:mainbusinessincome3,000

Payment,pickupandsales:

[Example]DahuaCompanysold500piecesofgoodstoNanshanCompanyAonSeptember15.Thespecialvalue-addedtaxinvoicestatedthepriceofthegoodswas42735yuanandthevalue-addedtaxwas7265yuan,totaling50,000yuan.Thegoodshavebeensentoutandreceivedatthesametime.TransferchequetoNanshanCompanyandcompletethepaymentprocedures.Theentryisasfollows:

borrow:bankdeposit50,000

loan:mainbusinessincome42735

taxespayable──valueaddedtaxpayable(Outputtax)7265

Inthisexample,ifDahuaCompanyreceivedacommercialdraftissuedandacceptedbyNanshanCompany,DahuaCompanyshouldrecord:

borrow:Notesreceivable50000

Loan:Mainbusinessincome42735

Taxespayable──Value-addedtaxpayable(outputtax)7265

Acceptancebycollectionorsalesbyentrustedcollection[Example]DahuaCompanysold500piecesofgoodstoNanshanCompanyAonSeptember15accordingtothecontract,andthespecialvalue-addedtaxinvoicestatedthepriceofthegoodsat42,735yuan.,Thevalue-addedtaxamountis7265yuan,totaling50,000yuan.Thegoodshavebeensentout,andDahuaCompanywilladvancethefreightof2,000yuanwithbankdeposits(invoiceshavebeenforwarded).Thepaymentandfreightforwardedhavebeencollectedwiththebank,andthereceiptofthesettlementvoucherforcollectionandacceptancehasbeenobtained.Theentryisasfollows:

Borrow:Accountsreceivable──NanshanCompany52000

Loan:Mainbusinessincome42735

Taxespayable──Value-addedtaxpayable(outputtax)7265

bankdeposit2,000

WhenthecompanyreceivestheNanshancompany’scommitmentandfreightforwardingfromthebank,it’s52000yuanInthenotificationofreceiptofaccounts,itshouldberecorded:

Debit:Bankdeposit52000

Loan:Accountreceivable──NanshanCompany52000

Saleswithadvancepayment[Example]DahuaCompanyisageneraltaxpayerofvalue-addedtax.Accordingtothecontract,onMay8,thecompanyreceived6,000yuanprepaidbyDingCompany.OnMay10,thecompanyreceivedapaymentofRMB5,700fromCompanyD.Onthe15th,thecompanyissued200piecesofProductAtoCompanyDatapriceofRMB10,000andavalue-addedtaxofRMB1,700.

(1)WhenthecompanyreceivestheadvancepaymentfromDingCompanyonMay8,itshouldrecord:

borrow:bankdeposit6000

loan:advancereceiptAccounts──DingCompany6000

(2)OnMay10,whenthecompanyreceivedthepaymentfromDingCompany,itshouldrecord:

borrow:bankdeposit5700

Loan:Advancereceipts──DingCompany5700

(3)WhenthecompanysentgoodstoDingCompanyonMay15,itshouldrecord:

borrow：Accountsreceivedinadvance──DingCompany11700

Loan:Mainbusinessincome10,000

Taxespayable──Value-addedtaxpayable(outputtax)1700

Salesofexportcommodities[Example]AbatchofcommoditiessoldbyDahuaCompanytooverseascompanyAispricedatFOBandthepaymentisUS$20,000.Forasingleprocedure,theUSDexchangerateonthedaywas￥8.80.Theentryisasfollows:

Borrow:Accountsreceivable──CompanyA──USDaccount(US$20000)￥176000

Loan:Mainbusinessincome──Export(US$20000)￥176000

Accordingtothebank’snotification,thecompanyreceivedthepaymentfromCompanyA.TheexchangerateofUSDonthedaywas￥8.70.Theentryisasfollows:

Borrow:Bankdeposit──U.S.dollaraccount(US$20000)￥174000

Financialexpenses──Exchangegainsandlosses￥2000

Loan:AccountsReceivable──CompanyA──USDaccount(US$20000)￥176000

DeemedasabuyoutSalesunderagency(deemedasabuyout)

⒈Deemedasabuyout,agencysalesmeansthattheentrustingpartyandtheentrustedpartysignanagreement,andtheentrustingpartywillreceivethepaymentforthegoodssoldontheagencyattheagreedprice.Theactualsellingpricecanbedeterminedbytheentrustedparty,andtheactualsellingpriceisbetweentheagreedpriceThedifferencebelongstothesalesmethodownedbythetrustee.

⒉Iftheagreementbetweentheentrustingpartyandtheentrustedpartyclearlyindicatesthattheentrustedpartyhasnothingtodowiththeentrustingpartyregardlessofwhetheritcansellormakeaprofitafterobtainingtheconsignmentgoods,thentheentrustingpartyandtheentrustedpartyThereisnosubstantialdifferencebetweentheconsignmentsalesofgoodsbetweenthepartiesandthedirectsalesofgoodsbytheentrustingpartytotheentrustedparty.Theentrustingpartyshallconfirmtherelevantsalesofgoodswhentheconditionsforconfirmingtheincomefromthesalesofgoodsaremet.

⒊Anexampleofaccountingtreatmentoftheconsignmentsalesmethoddeemedasabuyout

[Example]AcompanyentrustsBcompanytosell100piecesofgoodsA,theagreedpriceis100yuan/piece,thegoodsThecostis60yuan/piece,andthevalue-addedtaxrateis17%.EnterpriseAissuesavalue-addedtaxinvoicewhenitreceivesthelistofconsignmentsalesfromEnterpriseB.Theinvoicestates:thesellingpriceis10,000yuan,andthevalue-addedtaxis1,700yuan.Thevalue-addedtaxinvoiceissuedbyEnterpriseBduringactualsalesindicated:Thesellingpriceis12,000yuan,andthevalue-addedtaxis2,040yuan.

⑴Aenterpriseshouldmakethefollowingaccountingentries:

①WhentheenterprisedeliversgoodsAtoenterpriseB:

borrow:accountsreceivable──Benterprise11700

Loan:Mainbusinessincome10000

Taxespayable──Value-addedtaxpayable(outputtax)1700

borrow:Mainbusinesscost6000

Loan:inventorygoods6000

②Whenreceivingapaymentof11,700yuanfromcompanyB:

borrow:bankDeposit11700

Loan:Accountsreceivable──Bcompany11700

⑵Bcompanyshouldmakethefollowingaccountingentries:

①ReceivegoodsATime:

Borrow:10000consignmentmerchandisesales

Loan:10000consignmentmerchandisepayment

②Whenactualsales:

borrow：Bankdeposit14040

Loan:mainbusinessincome12000

Taxespayable──Value-addedtaxpayable(outputtax)2040

Borrow:mainbusinesscost10,000

Loan:commissionedmerchandisesalesof10,000

borrow:commissionmerchandisepaymentof10,000

Loan:accountspayable──Acompany10000

③WhenpayingthemoneytoAcompanyaccordingtothecontractprice:

borrow:accountspayable──Acompany10000

Taxespayable──Value-addedtaxpayable(outputtax)1700

Loan:bankdeposit11700

Salesunderagency:

Consignmentsales(collectinghandlingfees)

⒈Consignmentsalesbychargingcommissionsisasalesmethodinwhichtheentrustedpartychargescommissionstotheentrustingpartyaccordingtothequantityofgoodssoldoncommission.Forthetrustee,thefeechargedisactuallyakindoflaborincome.

⒉Undertheagencysalesmethodwithhandlingfee,theentrustingpartyshallconfirmtheincomewhentheentrustedpartyhassoldthegoodsandissuedalistofagencysalestotheentrustingparty;theentrustedpartyshallcollecttheincomeasitshouldbeafterthegoodsaresoldThehandlingfeeisrecognizedasincome.

⒊Accountingprocessingexampleofthecommissioningmethodofcollectingcommissions

[Example]AcompanyentrustsBcompanytosell100productsofA,andthecostofthisproductis60yuan/piece.AssumethattheagencysalescontractstipulatesthatcompanyBshouldselltocustomersat100yuanperitem,andcompanyApayscompanyBahandlingfeeat10%ofthesellingprice.WhencompanyBactuallysells,itissuesaspecialvalue-addedtaxinvoicetothebuyer.TheinvoicestatesthatthepriceofgoodsAis10,000yuanandthevalue-addedtaxis1,700yuan.WhencompanyAreceivestheconsignmentlistfromcompanyB,itissuesavalue-addedtaxinvoiceofthesameamounttocompanyB.

⑴Acompanyshouldmakethefollowingaccountingentries:

①WhenAcompanydeliversgoodsAtocompanyB:

borrow:consignmentsalesofgoods6000

Loan:inventorygoods6000

②WhencompanyAreceivestheconsignmentlist:

borrow:accountsreceivable──Bcompany11700

Loan:Mainbusinessincome10000

Taxespayable──Value-addedtaxpayable(outputtax)1700

Borrow:Operatingexpenses──Agencycommissionfee1000

Loan:Accountsreceivable──CompanyB1000

③Whenreceivinganetpaymentof10700(11700-1000)yuanfromCompanyBforgoods:

Borrow:Bankdeposit10700

Loan:Accountreceivable──Benterprise10700

⑵Benterpriseshouldmakethefollowingaccountingentries:

①WhengoodsAisreceived:

Borrow:10000consignmentgoods

Loan:10000consignmentgoods

②Whenactualsales:

Borrow:Bankdeposit11700

Loan:Accountpayable──Aenterprise10000

Taxespayable──Value-addedtaxpayable(outputTax)1700

Borrow:Taxpayable──Value-addedtaxpayable(inputtax)1700

Loan:Accountpayable──Acompany1700

Borrowing:10000forcommissionedmerchandise

Loan:10000forcommissionedmerchandise

③WhenrepayingenterpriseA’sloanandcalculatingcommissionfee:

Borrow:Accountspayable──Acompany11700

Loan:Bankdeposit10700

Mainbusinessincome1,000

TradingTheresultscanbeestimatedreliably:

Multi-yearlabortransactions(theresultsofthetransactioncanbeestimatedreliably)

⒈Thestartandcompletionoflaborservicesbelongtodifferentfiscalyears.Iftheresultsofthelaborservicetransactioncanbereliablyestimated,theenterpriseshallrecognizetherelatedlaborserviceincomeaccordingtothepercentageofcompletionmethodonthebalancesheetdate.Thedegreeofcompletionoflaborservicesshouldbedeterminedaccordingtothemeasurementofcompletedwork,theproportionoflaborservicesthathavebeenprovidedtothetotallaborservicestobeprovided,ortheproportionofcoststhathavebeenincurredtotheestimatedtotalcost.

⒉Whenearningincome,theincomeandrelatedexpensesshouldbecalculatedaccordingtothefollowingformula:

①Theincomerecognizedinthecurrentyear=thetotalincomeoflaborservices×thedegreeofcompletionoflaborservicesattheendoftheyear-theincomerecognizedinthepreviousyear

②Expensesconfirmedthisyear=totalcostoflaborservices×thedegreeofcompletionoflaborservicesattheendofthisyear-expensesconfirmedinpreviousyears

⒊Accountingprocessingexample

[Example]AcertainpropertyThemanagementcompanysignsaservicecontractwiththecustomer.ThecontractstipulatesthattheserviceperiodisfromJuly1,20X1toJune30,20X3.Thetotalservicefeeis60,000yuan.Thecustomerpaysthreetimesinaverage,andthepaymenttimeis20X1years.OnJuly1,20X2,June30,and20X3,June30,theestimatedtotalcostoftheprojectwas48,000yuan.Itisassumedthatthecostestimateisveryaccurateandtherewillbenochanges.Thecostofeachyearisasfollows:

Thisserviceadoptsthepercentageofcompletionmethodtoconfirmrevenue,Andcarryforwardthecorrespondingcosts,andthedegreeofcompletionofthelaborserviceisdeterminedinproportiontothetime.

Thecalculationofthedegreeofcompletionofeachphaseandtherevenueandexpensebasedonthepercentageofcompletioncanbecalculatedthroughthefollowingtable:

Theaccountingrecordsofthepropertycompanyareasfollows:

Theresultofthetransactioncannotbeestimatedreliably:

Thecross-yearlabortransaction(theresultofthetransactioncannotbeestimatedreliably)

[Example]AcompanywasentrustedtotrainagroupoftraineesforBcompanyinNovember20X1.Thetrainingperiodis6months,andtheschoolstartsonNovember1.TheagreementsignedbythetwopartiesstatedthatthetotaltrainingfeetobepaidbyBcompanyis60,000yuan,whichispaidinthreeinstallments.Paymentwillbemadeattheendofthetraining.Pay20,000yuanperinstalment.CompanyBhasprepaidthefirstinstalmentonNovember1.

OnDecember31,20X1,EnterpriseAlearnedthatEnterpriseBhadpoorperformanceinthepastyearandencountereddifficultiesinbusinessoperations.Itwasuncertainwhetherthetrainingfeesforthenexttwosessionscouldberecovered.Therefore,theAcompanyonlyrecognizesthecompensationpart(ie20,000yuan)ofthetrainingcostof30,000yuan(assumingitisthesalaryofthetrainers)thathasbeenincurredasincome,andrecognizesallthe30,000yuancostincurredasthecurrentyearcost.Acompanyshouldmakethefollowingaccountingentries:

⑴OnNovember1,20X1,whenitreceivesthetrainingfeeprepaidbyBcompany:

borrow:bankdeposit20000

Loan:20000advancereceipts

⑵Whenacompanyincurscosts:

Borrow:laborcost30,000

Loan:payablesalary30000

p>

3Dec.31,20X1,confirmedincome:

Borrow:advancereceipts20000

Loan:mainbusinessincome20000

⑷December31,20X1,carry-overcost:

Borrow:mainbusinesscost30,000

Loan:laborcost30,000

Taxplanning

(1)Determinationoftherealizationofthemainbusinessincomeoftheenterprise

Themainbusinessincomeoftheenterprisereferstotheincomeobtainedfromthesaleofproducts(commodities),includingthemainbusinessofcommercialandagriculturalenterprises.Businessincome;incomefrompurchasingagentsforcommercialandotherenterprises;incomefromsalesoffinishedproductsandself-madesemi-finishedproductsofindustrialenterprises,incomefromprovidingindustriallaborservices;incomefromlandtransferofrealestatedevelopmententerprises,incomefromsalesofcommercialhousingandsupportingfacilities,etc.

Thedeterminationofsalesrevenueofanenterpriseshouldfollowtheprincipleofaccrualbasis.Thecompanyshouldconfirmtherealizationofsalesrevenuewhenitgeneratesgoods,provideslaborservices,andreceivesthepriceorobtainstheevidenceforobtainingtheprice.⑴Thesalesmethodofpaymentanddeliveryisadopted.Regardlessofwhethertheproduct(commodity)isissuedornot,aslongasthepaymenthasbeenreceived,theinvoiceandbillofladinghavebeendeliveredtothepurchaser,whichistherealizationofsalesrevenue.

⑵Adoptthesalesmethodofadvancepayment,andreceiveadvancepaymentfromthepurchaser.Whentheproduct(commodity)hasbeendelivered,itisusedastherealizationofsalesrevenue.

3Adoptcreditsalesandinstallmentcollectionsalesmethods,andconfirmtherealizationofsalesrevenuebasedontheactualpricereceivedinthecurrentperiodorthecurrentperiodreceivableagreedinthecontract.

⑷Takethecollectionandacceptanceorentrustthebanktocollectthesalesmethod,andconfirmtherealizationofthesalesrevenuewhentheproduct(commodity)isissuedandthecollectionproceduresarecompleted.

⑸Adoptconsignmentsalesmethod,andconfirmtherealizationofsalesrevenuewhenreceivingtheconsignmentlistfromtheconsignmentunit.

Plus⑸Therearetwosituationsinwhichconsignmentsalesareadopted.Oneistobuyoutconsignmentsales,whichshouldbeincludedinthecompany’sincomeaftersigningtherelevantcertificatewiththeconsignee;theotherisbasedontheperformanceoftheconsignee.,Itiswhentheconsignmentsaleslistoftheconsignmentunitisreceived,therealizationofthesalesrevenueisconfirmed.

⑹Commercialdraftsettlementsalesmethodisadoptedtoconfirmtherealizationofsalesrevenuewhenthecommercialdraftissuedandacceptedbythepurchaserisreceived.

⑺Adoptself-operatedexportsalesmethod,landtransportationtoobtaincargoreceiptorrailwaywaybill;seatransportationtoobtainexportshippingbilloflading;airtransportationtoobtainwaybill,andaftertheexportbillisprocessedwiththebank,thesalesrevenueisconfirmedaccomplish.

⑻Themethodofentrustingforeigntradeagencyforexportsalesisadoptedtoconfirmtherealizationofsalesrevenuewhenreceivingthewaybillandbankstatementvouchersfromtheforeigntradeenterprise.

⑼Thesalesmethodofprocessingandmanufacturinglarge-scalemachineryandequipment,shipsandprovidinglaborservicesforotherunitsisadopted.Ifthedurationismorethanoneyear,therealizationofsalesrevenueshallbeconfirmedaccordingtotheprogressofcompletionortheactualamountofworkcompleted.

⑽Thefollowingbehaviorsofanenterpriseareregardedassales,andshouldalsobetreatedastaxablesalesincomeaccordingtoregulations.

①Foranenterprisethatsellsgoodsbywayofconsignmentsales,ifthecommissioningpartypaysthecommissionedmerchandisedirectlyfromthecommissionedmerchandisetothetrustee,thegoodspaidtothecommissioningpartyshallbedeemedtobesolddealwith.②Theenterpriseusestheenterprise'sproducts(commodities)intheenterprise'sbasicconstruction,reconstructionandexpansionprojects,overhaulprojects,etc.,andthegoodsorproductsaredeemedtobesoldwhentheyareused.③Ifanenterpriseusestheenterprise'sproducts(commodities)asinvestmentandprovidesthemtootherunitsoroperators,theproducts(commodities)aredeemedtobesoldwhentheproducts(commodities)aretransferred.④Thecompanydistributesthecompany’sproducts(commodities)toshareholdersorinvestors,andtheproducts(commodities)aredeemedtobesoldwhentheproducts(commodities)aredistributedandtransferred.⑤Ifanenterpriseusestheenterprise'sproducts(commodities)forcollectivewelfareorpersonalconsumption,itisdeemedtobesoldwhentheproducts(commodities)areallocatedforcredit.⑥Ifanenterprisepresentstheproducts(commodities)oftheenterprisetoothersfreeofcharge,itshallbedeemedtobesoldwhentheproducts(commodities)aretransferred.⑦Thevariousfunds,feesandsurchargescollectedinadditiontothepriceofproducts(commodities)soldbytheenterpriseshallberegardedasthesalesincomeoftheenterprise,unlessotherwisespecifiedbythestate.⑧Theenterpriseconductsprocessingandassemblyoperationswithsuppliedmaterials,andthesavedmaterialsshouldbeusedastheenterprise’ssalesincomeifitisretainedbytheenterprise.⑨Theenterprise's"repaymentofdebts","exchangeofoldfornew",etc.,shouldberegardedastheproduct(commodity)hasbeensold.

Fordeemedsales,thesalesrevenueshallbedeterminedinthefollowingorder:

Accordingtothetaxpayer’saveragesalespriceofsimilarproducts(commodities)inthecurrentmonth.

Accordingtotheaveragesalespriceofsimilarproducts(commodities)inthelastperiodofthetaxpayer.

Determinedbythetaxablepriceofthecomposition.Theformulaforcomposingthetaxablepriceis:

Thecomposingtaxableprice=cost×(1costprofitrate)

Thecostintheaboveformulareferstotheactualsalesofself-producedproductsProductioncost;theactualpurchasecostisthesalesofpurchasedgoods.Thecost-profitratiointheformulacanbeimplementedwithreferencetotherelevantregulationsofvalue-addedtaxandconsumptiontax.

Otherreasonablemethods

(1)Taxplanningcontentandmethods

1.Taxplanningfornotrecordingtheincomeaccordingtothetimewhenthetaxobligationoccurs

Theenterprisefailstocollecttheincomeaccordingtothetimewhenthetaxobligationoccurs.Thismainlymeansthattheenterprisedoesnotfollowtheprincipleofaccrual,andthecorrespondingsalesincomeisdelayedorrecorded.Thecurrentaccountdoesnottransferthesalesincomeintime.Whenweplanfortaxcollection,weshouldpayattentionto:(1)Examinewhetherthecompany'ssalesarereasonable,andconductauditsbyconfirmingthecompany'ssalesmethods.Forgeneralsalesoperations,suchaspaymentanddelivery,entrustedpayment,collectionandacceptance,andothersettlementmethods,therearetwosignsoftheestablishmentofsales,oneisthatthegoodsandproductshavebeenissued;theotheristhatthepaymenthasbeenreceived,orthecollectionhasbeenobtainedProofoftheprice.Forothersalesmethods,accordingtofinancialconventions,therevenuerealizationtimeshallbedeterminedseparately.⑵Reviewtheoriginalvouchersofthecompany’ssalesinvoices,freightsettlement,etc.,andcheckthecreditdetailssuchas"finishedproducts","self-madesemi-finishedproducts","inventoryproducts","productioncosts"andthecompany's"product(commodity)deliveryslips".Itindicateswhetherthesalesinvoiceoftheenterprisehasbeenissued,andwhethertheproducthasoccurred.

(3)Reviewthecashjournal,bankdepositjournal,accountsreceivable,andadvanceaccountssub-ledgerrecords,andcomparetherelevantaccountingvoucherswiththeproductsalescontracttofindoutwhetherthecompanyhasalreadyreceivedthepaymentorobtainedThevouchersforthepaymentforgoods,whetherthereisaphenomenonthatthesalesrevenuesshouldberecordedonthecurrentaccountforalongtime,andthesalesrevenuesarenotrecordedortransferred.

⑷Reviewthe"mainbusinessincome"creditaccount,checktheoriginalvouchersofthecompany'ssaleswiththetimewhenthesalesincomeisrecordedtoseeiftheymatch,ifnot,thecompany'srelatedaccountingshouldbefurtherreviewedVouchersandoriginalvoucherstofindoutwhetherthecompanydeliberatelypostponedtheincomeentrytime.

Taxplanningforsalesreturns,discountsanddiscounts.

Intheeventofacompany’ssalesreturn,regardlessofthecurrentyearorthepreviousyear,thesalesrevenueofthecurrentperiodshouldbeoffset.Theenterprisesellsgoodsbydiscount,ifthesalesamountandthediscountamountareindicatedonthesameinvoicerespectivelythediscountamount.Salesreturns,discountsanddiscountsoccurinenterprises,virtualsalesreturnsmayoccurinactualwork,orsalesanddiscountsarenotonthesameinvoice,andthediscountisdeductedfromthesales.