A batch of equipment has been purchased, and the balance of the advance payment cannot be paid. If the supplier cannot provide liquidated damages for equipment detention, what invoice should the supplier provide?
If the buyer breaches the contract, the supplier fails to provide the equipment and detains the liquidated damages, and the supplier does not need to provide invoices for the buyer.
Liquidated damages are not taxable items, and there is no need to pay taxes or issue invoices.
Both parties shall record the liquidated damages as "non-operating expenses" and "non-operating income" respectively.