Sales rebates that are in the form of a return of goods sold should be treated as sales and subject to value-added tax (VAT) in accordance with the provisions of the Tax Law.
Accounting entry is a record that lists the two parties' accounts and their amounts corresponding to each economic operation according to the principle of double-entry bookkeeping. Accounting entries are the simplest form of bookkeeping vouchers, the specific embodiment of the principle of double-entry accounting, is the data basis of accounting bookkeeping.