How to account for the overcompensation of the retail industry according to the retail price???

should be included in "non-operating expenses";

Inventory losses and inventory losses do not need to be reported to the tax department for approval.

The amount of the order loss is calculated according to the purchase price.

Borrow: Non-operating expenses 2200

The difference between the purchase and sale price of goods is 250

Credit: 2450 goods in stock

FYI.

Although it is a 100-dollar dish, the way to deal with it varies depending on the situation. If it is because of normal reasons (because the dishes always have to deteriorate) that leads to the deterioration of the dishes, then, do not deal with the inventory, and when selling other dishes, the inventory will be converted into the "main business cost", which will be reflected through the daily operating profit Specifically, the main business cost credit is borrowed at the time of sale

Inventory If the deterioration of the food is due to unforeseen reasons, for example, a sudden flood and the warehouse is washed away, then the inventory is transferred to non-operating expenses loan: non-operating expenses loan: inventory goods If the deterioration is caused by human management reasons, for example, the food should have been refrigerated, but due to the negligence of the staff, the refrigeration treatment was forgotten and the deterioration was caused, then it should be included in the management expenses, and if there is input tax, the input tax should be transferred out, and the other two cases are not used.

Borrow: Management Expense Credit: Inventory Commodities In fact, the inventory loss treatment of inventory is such a way of thinking, and this example is just a vegetable as an example.

In addition, the carry-over is calculated according to the purchase price (that is, the cost price).

For the inventory commodities with inventory losses, the enterprise prepares the following accounting entries according to the "Inventory Inventory Report":

Borrow: Loss and Excess of Property to be Handled Loss and Excess of Current Assets to be Treated.

Credit: Inventory goods, etc.

For the loss caused by mismanagement, theft, mildew and deterioration, etc., the VAT payable on the inventory should be transferred to the account of "property loss and excess to be disposed of".

Borrow: Loss and Excess of Property to be Handled Loss and Excess of Current Assets to be Treated.

Credit: tax payable VAT payable (input tax transferred out) for inventory losses should be transferred according to the reasons for the inventory loss, which belongs to the loss within the quota and the error in the measurement of daily inventory receipt and distribution, and is transferred to management expenses after approval.

Borrow: Administrative expenses.

Credit: Loss and Excess of Property to be Handled Loss and Excess of Current Assets to be Treated.

For losses that should be compensated by the person at fault, the following entries should be made:

Debit: Other receivables.

Credit: Loss and Excess of Property to be Handled Loss and Excess of Current Assets to be Treated.

For the loss of inventory goods due to force majeure reasons such as natural disasters, the following entries should be made:

Borrow: Non-operating expenses Very loss.

Credit: Loss and Excess of Property to be Handled Loss and Excess of Current Assets to be Treated.

After the inventory loss of inventory commodities is approved, the retail enterprise sells price accounting method borrows: management expenses, borrows: purchase and sales price difference, credit: inventory goods; Actual costing of enterprises borrows: administrative expenses, credits: inventory goods.

1. The retail industry shall pay value-added tax, if it sells high-end consumer goods such as tobacco and alcohol, automobiles, cosmetics, etc., it shall also pay consumption tax, and others shall also pay urban construction tax, education tax surcharge and income tax. 2. The individual retail industry is generally taxed in a fixed amount, and it is enough to do internal accounts. 3. The commonly used accounting entries in the retail industry are as follows:

Restocking: Borrowing: Inventory goods.

Debit: Tax Payable - VAT Payable (Input).

Credit: Bank deposits (accounts payable).

Sales: Borrow: Bank Deposits (Accounts Receivable).

Credit: main business income.

Credit: Tax Payable - VAT Payable (Output).

Cost carried forward: borrowed: cost of principal business.

Credit: Inventory of goods.

Tax accrued according to the amount of VAT payable (output tax - input tax):

Borrow: main business tax and surcharge.

Credit: Tax Payable - Urban Construction Tax Payable.

Credit: Other Payables - Education Surcharge.

Credit: Other Payables - Local Education Fee Surcharge.

Stamp duty accrued based on income:

Borrow: Administrative Expenses - Stamp Duty.

Credit: Withholding expenses.

1. Preparation of accounting entries for purchased commodities:

Borrow: Inventory Goods-

Debit: Accounts Payable – Input Tax (Separate Accounting).

Credit: Accounts Payable - Merchants.

2. Preparation of accounting entries for returned goods:

Borrow: Inventory Goods-

Debit: Accounts Payable - Input Tax (Separate Accounting) Adapted Tax Rate Credit: Accounts Payable - Merchants.

3. Prepare accounting entries for the payment of ** merchants:

Debit: Accounts Payable - Merchants.

Credit: Bank Deposit by Bank Remittance Slip.

4. Receive a discount on the goods, offset the cost of the main business, and transfer out the corresponding amount of input tax.

Borrow: Inventory Goods-

Borrow: Cost of main business - purchase discount (each ** merchant).

Credit: Tax Payable - VAT Payable Input VAT transferred out.

5. Cash discounts.

Borrow: cash (or monetary funds).

Borrow: Cost of main business - purchase discount (each ** merchant).

Credit: Tax Payable - VAT Payable Input VAT transferred out.

6. Receive VAT invoice.

Debit: Tax Payable - Input Tax (Classified Accounting) Adaptable Tax Rate Credit: Accounts Payable - Input Tax (Separate Accounting) Adaptable Tax Rate 7, Inventory Damage and Inventory Profit and Loss.

Borrow: Other receivables Compensation penalty voucher of the person responsible.

Borrow: Operating Expenses --- Reasonable Wear and Tear Monthly Difference Statement Credit: Tax Payable - Input Tax Transferred Out (Classified Accounting) Adapted Tax Rate Credit: Inventory Goods - (Classified Accounting).

VAT accounting entries:

For the purchase of materials by small enterprises, according to the amount that should be included in the procurement cost, the accounts such as "material procurement" or "materials in transit", "raw materials" and "inventory goods" shall be debited, and the input VAT deductible in accordance with the provisions of the tax law shall be debited from this account (VAT payable - input tax), and the accounts of "accounts payable" and "bank deposits" shall be credited according to the amount payable or actually paid. If the purchased materials are returned, the opposite accounting entries shall be made.

For the purchase of tax-exempt agricultural products, the input VAT calculated according to the purchase price of the purchased agricultural products and the tax rate prescribed by the tax law shall be debited to this account (VAT payable - input tax), the amount after deducting the VAT input tax calculated in accordance with the provisions of the tax law shall be debited according to the purchase price, and the accounts such as "material procurement" or "materials in transit" shall be debited, and the accounts of "accounts payable", "cash in hand" and "bank deposits" shall be credited according to the price payable or actually paid.

For the sale of goods (provision of services), the accounts of "accounts receivable" and "bank deposits" shall be debited according to the amount of income and the output VAT tax payable, and the output VAT payable in accordance with the provisions of the tax law shall be credited to this account (VAT payable - output tax), and the accounts of "main business income" and "other business income" shall be credited according to the amount of recognized operating income. In the event of a return of sales, the opposite accounting entry shall be made.

The packaging that accompanies the commodity ** but is priced separately shall be based on the amount actually received or receivable. The accounts of "bank deposits" and "accounts receivable" are debited, and the output VAT payable in accordance with the provisions of the tax law is credited to this account (VAT payable - output tax), and the "other business income" account is credited according to the amount of other business income recognized.

In such cases:

1. Have an inventory record first, prepare an inventory loss and profit table, and an inventory loss and profit analysis table.

Borrow: Profit or loss on property to be disposed of - inventory loss on current assets.

Credit: Inventory of goods.

2. It is necessary to report the inventory loss to the tax authorities, obtain the inventory loss recognition from the tax authorities [usually by the tax agent firm**], and do the transfer of input tax.

Borrow: Administrative expenses.

Credit: Tax Payable - Income Tax Payable (Input Tax Transferred Out).

3. The part of the inventory loss is determined according to the responsibility:

Borrow: other receivables [compensation of the responsible person, compensation of the insurance company] management expenses. Credit: Pending Property Gains and Losses - Inventory Losses on Current Assets.

Chapter 1 Rapid Growth of Retail Stores.

There are characteristics of retail store bookkeeping.

Industry characteristics of the retail industry.

Get to know retail stores from an accounting perspective.

Chapter 2 Basic Knowledge of Retail Accounting.

The functions and role of accounting.

Accounting elements. Commonly used account classifications.

Debit bookkeeping.

Accounting cycle. Principles of Retail Store Accounting.

Setup of retail store books.

Chapter III Application for Opening Procedures.

Register for the commencement of business.

Apply for legal person ** certificate and tax registration.

Annual inspection of enterprises. Retail store accounting staff setup and staffing.

A brief example of bookkeeping.

Chapter 4 Cash Management of Retail Stores.

Reversal of sales revenue (e.g. the amount is 100 yuan):

If the payment is not received, the accounts receivable will be charged.

Loan: Accounts receivable -100 Credit: main business income -83

Tax payable - output tax payable - VAT payable -17 If the payment has been received, the bank deposit will be flushed, which is equivalent to a refund to the purchaser to borrow: bank deposit -100

Credit: main business income -83

Tax Payable - Output Tax Payable - VAT Payable - 17