Which three streams are the three streams of unity

? Three streams in one? in the phrase "three streams". Three streams? are: goods flow, invoice flow and capital flow. When issuing VAT invoices, these three flows must be the same payee.

? Three streams in one? is the knowledge of financial accounting, mainly a regulation issued by the State Administration of Taxation for the issuance of VAT invoices. So do you know which of the ? The three streams? What exactly does it mean, I'll tell you below.

Details 01

In 2014, the State Administration of Taxation issued Announcement No. 39, which stipulates that the issuance of VAT invoices must comply with? Three streams in one? principle.

02

Specifically, the goods stream is: the taxpayer sells goods or provides other taxable services such as technical support services to the invoicee.

03

The invoice flow is: the taxpayer receives from the invoicee the VAT invoices issued by the taxpayer in accordance with the sales of goods and other taxable services.

04

The flow of funds means that the taxpayer collects from the invoiced party the funds for the goods sold and other taxable services provided by the taxpayer in accordance with the law.

05

Strict compliance with the ? The principle of "three streams in one" is strictly adhered to in the issuance of VAT invoices.