Sales rebate processing
According to the provisions of the tax law, the sale of goods and issued special invoices to the buyer, such as the occurrence of returns or sales discounts, for the purchaser has been paid for or not paid for the goods have been dealt with in the accounts, invoices and deductions can not be refunded, the purchaser must be obtained by the local tax authorities to issue the "return of goods or ask for discounts. Proof of receipt" sent to the seller, as the seller of red special invoices issued by the legal basis for the issuance of red special invoices, and issued red special invoices.
To reach the specified number of gifts in kind
Sales rebates such as the return of goods sold, according to the provisions of the tax law, should be treated as sales, and pay VAT.
Payment of sales rebates:
Borrow: selling expenses
Credit: inventory
Taxes payable - VAT payable (output tax)
At the end of the period of the donation of commodities for tax adjustments.
What are the forms of sales rebates?
In order to incentivize dealers, many companies will develop a rebate incentive policy, the purpose is to mobilize their enthusiasm through rebates. Rebate refers to manufacturers according to certain criteria, in the form of cash or in-kind rewards to dealers, it has a lag in the realization of the characteristics. Through the processing of sales rebates to reduce the enterprise's sales revenue, thereby reducing sales profits.
In business activities, in order to achieve the purpose of promotion and timely return, the enterprise by taking the following ways: discount sales, including commercial discounts, cash discounts and sales concessions; commercial rebates, to sell at a price lower than the purchase price, which includes cash rebates and rebates in kind two kinds of.
Based on the different accounting treatments, commercial rebates can be specifically described as:
1, to achieve the required number of gifts in kind form. For example: in one month, the sale of 30 units of induction cookers, 10 sets of matching cabinets;
2, the direct return of the form of payment. For example: the reader's letter, let 21,000 yuan if the direct cash or bank deposits back to the department store, that is, direct return of payment;
3, offset the form of payment. For example: in a certain period of time (usually a year) to buy 20,000 pieces, the rebate for the purchase of 1% of the amount, buy up to 50,000 pieces of the rebate for the purchase of 1.5% of the amount, and so on, the rebate is directly in the second payment deduction.
How to do the sales rebate accounting?