Seeking sales and installation of equipment engineering type of accounting accounting treatment (accounting entries)

1, you are a general taxpayer, in the sale of medical equipment equipment, accounting entries are as follows: Borrow: sales revenue Credit: Taxes payable - VAT payable (output tax) Credit: inventory goods 2, general taxpayers in the installation of equipment system business, accounting entries are generally these: purchase

Borrow: construction in progress Project

Taxes payable - VAT payable (input tax)

Loan: Bank deposits

Installer's salary

Borrow: Construction in progress

Loan: Salary payable to employees

Collateral

Borrow: Construction in progress

Loan: Raw materials

Taxes payable - VAT payable (input tax transferred)

These accounting entries are generally as follows: purchase VAT (input tax reversal)

Completion and delivery

Borrow:Fixed Assets

Loan:Construction in Progress

Amortization

Borrow:Amortized Expenses

Loan:Bank Deposits

Advancements

Borrow:Overhead

Loan:Accrual

Payment of Advancement

Payment of Advancement

Payment of Advancements

Borrow:Administrative Expenses

Credit:Advancement of Cost

Payment of Advancement < /p>

Borrow: Withholding

Loan: bank deposits 3, if you are separate accounting, labor costs is the installation of wages, and more than part of the need for another boss to pay personal income tax. Installation and additionally let others contracted and draw the relevant contracting fees, accounting entries are as follows: borrow: bank deposits

borrow: other receivables - engineering contracting

credit: project settlement

The other party is an individual, if you can not provide invoices, tax and accounting treatment is as follows: completion of the project finalization. You must issue an invoice to the commissioning party of the project contracting without asking for the invoice of the related party (subordinate engineering company); the finalized project amount payable to the subordinate engineering company's finalized project account is recorded as a current account payable to the engineering party; and the finalized amount of the project is entered into the cost of the project.