Is there a difference between the tax payable and the tax payable? What are the sub accounts?

In the past, it was called tax payable, but since the policy has been changed, it has been called tax payable. The detailed accounts include value-added tax payable, urban maintenance and construction fees payable, and education surcharge payable.

Tax Payable is a liability account.

Brief introduction of taxes and fees payable: Taxes payable refer to the various taxes and fees payable by enterprises according to the operating income and profits realized in a certain period of time, in accordance with the provisions of the current tax law, using certain tax calculation methods.

Types of taxes payable:

1. VAT payable.

2. Business tax.

3. Enterprise income tax.

4. Land Appreciation Tax.

5. Deed tax. 6. Cultivated land occupation tax.

7. Urban land use tax.

8. Urban maintenance and construction tax.

9. Educational Surcharges.

10. Construction expenses for cultural undertakings.

Ten. 1. Local education surcharge.

Ten. II. International Taxation.

Ten. 3. Social security costs.

Secondary account of taxes and fees payable:Tax Payable - VAT Payable - Input VAT.

Taxes have been paid. Tax deductions.

Export credit for domestic sales of products payable tax.

Transfer out unpaid VAT.

Output tax. Export tax rebates.

Main detailed accounts of taxes payable by general taxpayers:

General VAT taxpayers shall set up detailed accounts such as "VAT payable", "unpaid VAT", "prepaid VAT", "input VAT to be credited", "input VAT to be certified", "VAT to be re-sold", "VAT credit", "simple tax calculation", "VAT payable on transfer of financial products", "VAT withheld and remitted" under the "tax payable" account.

General VAT taxpayers should set up columns such as "input tax", "output tax credit", "tax paid", "transfer out unpaid VAT", "tax reduction", "export tax credit for domestic products", "output tax", "export tax rebate", "input tax transfer" and "transfer out overpayment of VAT" in the sub-account of "VAT payable".

Now it is the same account, the new accounting standard, the tax payable and other payable accounts, changed to:"Taxes and fees due"subjects. The original enterprise respects the accounting system and uses it"Taxes payable"Subjects.

Difference between taxes payable and taxes and surcharges.

1. Taxes and surcharges are expenses, with debits increasing and credits decreasing; The tax payable is a liability account, with an increase in credits and a decrease in debits.

2. The tax items of accounting are different:

The taxes payable include value-added tax, consumption tax, enterprise income tax, resource tax, land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, vehicle and vessel tax, education surcharge, mineral resources compensation fee, stamp duty, cultivated land occupation tax and other taxes and fees paid by enterprises in accordance with the law, as well as individual income tax collected and paid by enterprises before being handed over to the state.

Taxes and surcharges: reflect the business tax (abolished), consumption tax, urban maintenance and construction tax, urban land use tax, resource tax and education surcharge that should be borne by enterprises operating their main business.

3. Carryover is different. Taxes and surcharges are carried forward directly to the profit for the year; The tax payable will be written off directly when it is paid.

4. Taxes and additions are income statement accounts; The tax payable is an asset-based balance sheet account.

How to do the accounting entries for VAT accrual and payment?

1. When accruing:

Debit: Tax Payable - VAT Payable (Transfer Out Unpaid VAT).

Credit: Tax Payable - VAT Not Paid.

2. When paid next month:

Debit: Tax Payable - VAT Not Paid.

Credit: Bank deposits.

3. If the tax paid in the previous month is paid in the previous month

Debit: Tax Payable - VAT Payable (Tax Paid).

Credit: Bank deposits.

4. Month-end settlement**

Debit: Taxable - VAT not paid.

Credit: Tax Payable - VAT Payable (Tax Paid).

Are taxes payable and taxes payable one account? After the accounting standards were updated, the original accounting accounts were also changed, as before"Taxes payable"There have also been major changes in the curriculum, and the content of the subject is now uniformly used"Taxes and fees due"Accounting standards should be implemented for financial accounting.

The tax payable includes the account:

Value-added tax, consumption tax, urban maintenance and construction tax, resource tax, enterprise income tax, land value-added tax, real estate tax, vehicle and vessel tax, urban land use tax, education surcharge, stamp duty, cultivated land occupation tax, deed tax, vehicle purchase tax, etc.

The taxable cherry blossom fee is a liability account. The tax payable is the tax payable by the enterprise according to the tax law.

Enterprises should use the "tax payable" account to calculate the payment and payment of various taxes and fees. All kinds of taxes and fees payable are credited to the account, and the taxes and fees actually paid are credited to the account.

The closing balance is generally on the credit side, reflecting the taxes and fees that the enterprise has not yet paid, and if the closing balance is on the debit side, it reflects the overpayment or not yet deducted the taxes and fees of the enterprise. This account sets up detailed accounts according to the tax payable items for detailed accounting.

The individual income tax withheld and paid by enterprises is also accounted for through the "tax payable" account, while the taxes paid by enterprises, such as stamp duty, cultivated land occupation tax, deed tax, vehicle purchase tax, etc., which do not need to be estimated to be paid, are not accounted for through the "tax payable" account.

Significance of paying taxes:

1. Paying taxes is the legal guarantee of the financial income of the state organization;

2. It is a favorable means of national macroeconomic regulation and control;

3. It plays an important role in maintaining economic order;

4. It can safeguard national rights and interests and is a reliable guarantee for promoting international economic exchanges.

Taxation is the main source of state revenue, and it is also an important lever for the state to regulate and control the economy. Doing a good job in the year-round tax collection work is of special and important significance to consolidating and expanding financial resources, supporting the development of the economy and society, and doing a good job in various commemorative activities. Therefore, we must take effective measures to adhere to the rule of law, advocate honest tax payment, optimize the tax environment, and create first-class performance.

Paying taxes in good faith in accordance with the law is closely related to the goal of building a moderately prosperous society in an all-round way. Building a moderately prosperous society in an all-round way is the grand goal put forward by the 16th National Congress of the Communist Party of China. Taxation is an important means of ensuring the economic foundation and macroeconomic regulation and control of the operation of the state apparatus.

Socialist taxation is "taken from the people and used by the people," which is closely related to the people's livelihood, and the results of tax collection work are directly related to the process of realizing a moderately prosperous society.

In the course of business operation, the value-added tax, consumption tax and land appreciation tax payable in accordance with the provisions of the tax law can be accounted for through the tax payable account. What are the main detailed accounts for the tax payable?

1. Tax payable - VAT payable (input tax).

2. Tax payable - VAT payable (output tax).

3. Tax payable - VAT payable (input tax transferred out).

4. Tax payable - VAT payable (transfer out of overpaid VAT) 5. Tax payable - VAT not paid.

6. Taxes payable - consumption tax payable.

7. Taxes payable - resource tax payable.

8. Taxes payable - income tax payable.

9. Taxes and fees payable - Land appreciation tax payable.

10. Taxes and fees payable - urban maintenance and construction tax payable.

11. Taxes payable - real estate tax payable.

12. Taxes and fees payable - land use tax payable.

13. Taxes and fees payable - vehicle and vessel tax payable.

14. Taxes and fees payable - education fee surcharge payable.

15. Taxes and fees payable - local education surcharge should be paid.

The tax payable account is used to calculate the various taxes and fees payable by the enterprise in accordance with the provisions of the tax law, including value-added tax, consumption tax, income tax, resource tax, land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, vehicle and vessel use tax, education surcharge, mineral resources compensation fee, etc. The individual income tax withheld and paid by enterprises is also accounted for through this account.

Accounting entries for taxes payable.

1. If it is input tax.

Borrow: Inventory goods are changed to upgrade and other accounts.

Tax Payable - VAT Payable - Input VAT.

Credit verification old: accounts payable and other accounts.

2. If it is output tax.

Debit: Accounts receivable.

Credit: Main business Wang code income.

Tax Payable – VAT payable (output tax).

3. If it is the actual payment of VAT.

Debit: Tax Payable – VAT Payable.

Credit: Bank deposits.

VAT payable: the input VAT will be generated by the purchase of goods or services by the enterprise; Sales of products or services by a business are subject to VAT output tax.

Consumption tax, resource tax and urban maintenance and construction tax payable: The enterprise calculates the consumption tax, resource tax and urban maintenance and construction tax payable according to the regulations, debits the "business tax and surcharge" and other subjects, and credits this account (consumption tax, resource tax and urban maintenance and construction tax payable).

Income tax payable: The enterprise calculates the income tax payable in accordance with the provisions of the tax law, debits the "income tax expense" and other accounts, and credits this account (income tax payable).

LAT payable: The LAT payable shall be debited to this account (LAT payable) and credited to the account "Bank Deposit".

Real estate tax, land use tax and vehicle and vessel tax payable: The enterprise calculates the real estate tax, land use tax and vehicle and vessel tax payable according to the regulations, debits the "management expenses" account, and credits this account (real estate tax, land use tax payable, vehicle and vessel tax payable).

Individual income tax payable: The individual income tax of employees calculated by the enterprise according to the regulations shall be debited to the account of "employee remuneration payable" and credited to this account (individual income tax payable).

Education surcharge and mineral resources compensation payable: The enterprise calculates the education surcharge and mineral resources compensation payable according to the regulations, debits the "business tax and surcharge", "other business costs", "management expenses" and other accounts, and credits this account (education surcharge payable and mineral resources compensation payable).

Meaning: The tax payable refers to the various taxes and fees payable by the enterprise according to the business income and profits obtained in a certain period of time, in accordance with the provisions of the current tax law, and using a certain tax calculation method.

The detailed accounts of taxes and fees payable include: land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, individual income tax, mineral resources compensation payable, real estate tax, vehicle and vessel tax, land use tax, consumption tax, business tax, income tax, resource tax, education surcharge, value-added tax payable, unpaid value-added tax, tax reduction, input tax to be credited, output tax, input tax, input tax transfer-out, transfer-out of unpaid tax, etc.

Data development. The taxes payable refer to the various taxes and fees payable by an enterprise based on the operating income and profits realized within a certain period of time, in accordance with the provisions of the current tax law, and using a certain tax calculation method. Enterprises must fulfill their tax obligations in accordance with the provisions of the state and pay various taxes and fees on their business income in accordance with the law.

These taxes and fees payable should be recognized and accrued in accordance with the accrual principle, and remain in the enterprise temporarily before they are paid, forming a liability (which should be paid to the state for the time being). Enterprises should use the "tax payable" account to comprehensively reflect the payment of various taxes and fees, and carry out detailed accounting according to the tax payable items. The credit side of the account registers the various taxes that should be paid, the debit side registers the various taxes that have been paid, and the credit balance at the end of the period reflects the taxes that have not yet been paid; At the end of the period, if the debit balance reflects the tax that has been overpaid or has not been deducted.

For the purchase of materials by enterprises, this account (VAT payable - input tax) shall be debited according to the deductible VAT amount, and the accounts of "material procurement", "materials in transit" or "raw materials", and "inventory goods" shall be debited according to the amount payable or actually paid, and the accounts of "accounts payable", "notes payable" and "bank deposits" shall be credited according to the amount payable or actually paid. For the return of purchased materials, the opposite accounting entries are made.