How to complete the cash flow statement for tax refunds received

The tax refund received is represented in the cash flow statement as two items, "VAT output tax received and VAT refunded" and "tax refund other than VAT received".

1. The output VAT received by the enterprise from the sale of goods and the cash obtained from the tax refund of export products in accordance with the provisions shall be reflected separately. In order to facilitate the calculation of the cash flow of this item, enterprises should set up two detailed accounts of "Payment" and "Value Added Tax" under the accounts of "Accounts Receivable" and "Notes Receivable". The Accounts Receivable (Notes Receivable) – Payments for Goods account is used to adjust and calculate the cash received from the sale of goods and the provision of services.

2. In addition to the VAT refund, the enterprise also has other tax refunds, such as income tax, consumption tax, customs duties and education fee surcharge refunds. These refunds are reflected in the amount actually received.

Summary. The return amount is entered in the cash flow statement: cash flow from operating activities.

The cash flow statement is a statement that reflects the inflow and outflow of cash and cash equivalents in a certain accounting period. Cash flow refers to the inflow and outflow of cash and cash equivalents in a certain accounting period. Cash and cash equivalents such as cash withdrawals from banks and purchases of treasury bills maturing for a short period of time are not considered cash flows.

Cash refers to the cash in hand and the deposits that can be used for payment at any time, including cash in hand, bank deposits and other monetary funds (such as foreign deposits, bank draft deposits, bank cashier's check deposits, etc.). Deposits that cannot be used for payment at any time are not considered cash. Cash equivalents refer to investments held by enterprises with short maturities, strong liquidity, easy conversion into known amounts of cash, and little risk of changes in value.

The term is short, generally meaning that it expires within three months from the date of purchase. Cash equivalents typically include, for example, bond investments maturing within three months. The amount realized from equity investments is usually uncertain and therefore not considered cash equivalents.

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The refund is included in the cash flow statement: cash flow from operating activities. The cash flow statement is a statement that reflects the inflow and outflow of cash and cash equivalents in a certain accounting period.

Cash flow refers to the inflow and outflow of cash and cash equivalents in a certain accounting period. Cash and cash equivalents such as cash withdrawals from banks and purchases of treasury bills maturing for a short period of time are not considered cash flows. Cash refers to the cash in hand and deposits that can be used for payment at any time, including cash in hand, bank deposits and other monetary funds (such as deposits in foreign cities, deposits in bank drafts, deposits in bank cashier's checks, etc.).

Deposits that cannot be used for payment at any time are not considered cash. Cash equivalents refer to investments held by enterprises with short maturities, strong liquidity, easy conversion into known amounts of cash, and little risk of changes in value. The term is short, generally meaning that it expires within three months from the date of purchase.

Cash equivalents typically include investments in bonds maturing within three months. The amount realized from equity investments is usually uncertain and therefore not considered cash equivalents.

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Summary. If it is an overpaid income tax refund, fill in the negative number in the "Taxes and Fees Paid".

In the case of tax incentives refunded taxes:

The tax refund received is represented in the cash flow statement as two items, "VAT output tax received and VAT refunded" and "tax refund other than VAT received". Fill in the Refund of taxes other than VAT received.

How to fill in the cash flow statement for corporate income tax refund.

Hello, I have seen your question and am sorting out the answer, please wait for a while If it is an overpaid income tax refund, fill in the negative and imaginary number of "taxes and fees paid". In the case of tax refunds under the Tax Concession Concession: The tax refund received is shown in the cash flow statement as two items, "VAT output tax received and VAT refunded" and "VAT refund received".

Fill in the Surge Refund of Taxes Received Other than VAT.

Cash flow statementIt's a pay-as-you-go concept, it's notAccrual accountingTherefore, when filling in the cash flow statement, you should fill in the taxes and fees actually paid during the reporting period, as you gave an example, when filling in the cash flow statement for January, the VAT and other taxes paid in January are included.

The current accounting statement is a systematic report file prepared by the accounting personnel of an enterprise according to the accounting records of a certain period (such as monthly, quarterly, and yearly) in accordance with the established format and type.

With the expansion of business activities, the demand for accounting information by users of accounting statements is increasing, and the information provided by only a few accounting statements can no longer meet or cannot directly meet their needs, so it is necessary to provide more information and dividends through notes and explanations other than the statements.

Financial statement. 1. Balance sheet.

At the end of the interim period, the undistributed profit of the Raider is the net profit in the income statement.

The number of the beginning of the year for Undistributed Profit on the balance sheet.

2. At the end of the balance sheet at the end of the period Taxes payable Value-added tax payable (VAT payable in the current period calculated according to the profit and loss statement) Shirts payable for urban construction tax.

Education surcharge (calculation of all taxes payable in the current period according to the income statement) Income tax payable (calculation of income tax payable in the current period according to the income statement).

3. The balance sheet is an accounting exam.

These items must also be equal to the various tax items paid in the cash flow statement.

Tax rebate refers to:

**In accordance with the relevant provisions of the state, the tax returned to the enterprise by means of first levy and then refund (refund), that is, collection and refund, etc., belongs to a kind of subsidy given in the form of tax incentives.

Ways to get your tax refund:

**The financial department shall be able to resist the income tax of each locality.

The base amount shall be returned to the local net income of the first grade. The return of taxes from the state to the people. Our policy is "take from the people, use it for the people". Although the tax cannot be directly returned to each specific taxpayer, it is refundable as a whole.