The input tax credit entry is:
Borrow: raw materials (or working capital materials, fixed assets and administrative expenses directly into the cost, etc.),
Taxes payable-VAT payable-input tax,
Loan: bank deposits (or cash on hand or accounts payable, prepayments).
Input tax credit accompanies the purchase payment item, so it can only be recorded when the purchase payment item is realized (obtaining the settlement voucher, i.e. invoice).
Enterprise purchases of goods in the event of extraordinary losses, as well as the purchase of goods for non-taxable projects, collective welfare or personal consumption, etc., the input tax credit should be transferred through the "Taxes payable - payable value-added tax (input tax transfer)" account to the relevant account to be transferred.