In the catering industry, there are discount coupons or discounts, how to make accounting entries

Borrow: Cash Operating Expenses - Discount or Discount Loan: Income from Main Business.

At that time, when the voucher was issued, it was used for what subjects, and now it is enough to use the voucher to spend as long as it corresponds to the subject at that time.

Accounting treatment of coupons, free dishes and erasure of catering enterprises: Coupons: It refers to the vouchers that catering enterprises give to them to come to our store for consumption within a certain period of time according to the consumption amount of the guests, and the face value of the coupons varies from 20 yuan to 500 yuan.

Free dishes: refers to the dishes that the person in charge of the catering enterprise gives to the guests free of charge when they come to the restaurant for consumption on the same day according to the importance and consumption amount.

Erasure: It refers to the cash discount given to the cashier at the bar of the catering enterprise when the guest checks out with cash, and the general hotel gives the cashier no more than 10 yuan to the cashier. In fact, the above three types are of the same nature, they are all discounts given to customers, and the focus of accounting treatment is whether the daily revenue is recognized as a total amount or a net amount after deducting the above-mentioned discounts when the above events occur.

The first accounting treatment: According to the daily income statement reported by the auditor (night audit or day audit), make the following accounting entries Debit: Cash (cash actually received) Debit:

Accounts receivable (signed consumption amount) Borrow: Operating expenses - cash discount (erase amount) Borrow: Operating expenses - meal coupon discount (recovered original meal coupon) Borrow:

Operating expenses - free vegetable discount (normal sales of free vegetables**) Credit: operating income - food and beverage income (dish income) Credit: operating income - commodity income (wine income) Credit:

Operating income - other income (income from tea, mouth cloth, etc.) The second accounting treatment: According to the daily income statement reported by the auditor (night audit or day audit), the following accounting entries are made: Cash: cash (actual cash received) Credit:

Accounts receivable (signed consumption amount) Credit: operating income - food and beverage income (food income, accounting according to the balance after deducting coupons, gifts, and erasure) Credit: operating income - commodity income (wine income) Credit:

Operating income - other income (tea, cloth, etc.) As for why the discount is deducted from the food income, it is because at the end of the month, the difference between the purchase and sale of goods should be calculated according to the income of goods, and if the discount amount is deducted from the income of goods, it will lead to inaccurate carry-over of the difference between purchase and sale of goods.

Refer to "VAT tax planning for various types of goods sales" [Example 3] However, there is no need to pay VAT.

Just don't pay VAT.

The issuance of vouchers is waiting for the subject to be used for the consumption of vouchers, and the consumption of vouchers should be charged by the account.

Through the accounting of sales expenses, the amount of exemptions, discounts, and gifts can be included in the current profit or loss, and the specific entries are as follows (VAT is not considered in the following cases):

1. Free order:

Debit: Selling Fee - Waiver.

Credit: main business income.

2. Discounts:

Borrow: Bank deposit.

Selling Fees - Discounts.

Credit: main business income.

3. The amount of gift (can be used as a deduction, regarded as a discount):

Borrow: Bank deposit.

Selling Expenses - Gifts.

Credit: main business income.

Accounts are made according to the cash received, and the financial expenses are included in the discount.

Borrow: Cash.

Operating expenses – discounts or allowances.

Credit: main business income.

Operating expenses refer to the expenses incurred in the daily operation process of the enterprise such as the sale of products and the provision of labor services, as well as the expenses of the special sales organization. Including: transportation costs, loading and unloading costs, packaging costs, insurance costs, advertising costs, exhibition fees, leasing fees (excluding financial leasing fees), as well as employee salaries, welfare expenses, office expenses, travel expenses, depreciation costs, repair costs, material consumption, amortization of low-value consumables, etc., which are specially set up for the sale of the company's goods.

The old accounting standard is called operating expenses, and the new accounting standards are called sales expenses, that is, sales expenses = operating expenses under the new accounting standards.

Sales expense accounts for enterprises that implement the new accounting standards. The business expense account for enterprises that implement the enterprise accounting system.

Through the accounting of sales expenses, the amount of exemptions, discounts, and gifts can be included in the current profit or loss, and the specific entries are as follows (VAT is not considered in the following cases):

1. Free order:

Debit: Selling Fee - Waiver.

Credit: main business income.

2. Discounts:

Borrow: Bank deposit.

Selling Fees - Discounts.

Credit: main business income.

3. The amount of gift (can be used as a deduction, regarded as a discount):

Borrow: Bank deposit.

Selling Expenses - Gifts.

Credit: main business income.

I have not specifically operated the accounts of the catering industry, and I personally think that the exemption can be judged according to the nature, if it is for marketing, it can be included in the operating expenses. If it is a gift, it can be sold as a sale. The discount is offset by the income, and the credit amount can be counted as an operating expense.

Summary. I hope the following related extensions will be helpful to you: Accounting processing refers to the process of external accounting verification from the review of original vouchers and the preparation of accounting vouchers, through a series of accounting treatments such as bookkeeping, reconciliation and settlement, to the preparation of accounting statements.

All units should fill out and issue "balance statements" to reconcile with customers on a monthly or quarterly basis, and conduct face-to-face reconciliation with customers every year. The reconciliation receipts sent by each unit shall be arranged, bound, registered, and stored in the warehouse according to the account and order after being verified. The passbook account shall insist on ensuring that the account passbook is consistent with the verification at the time of handling the business.

The total amount of the borrower and borrower in the cash receipt and payment journal should be consistent with the daily statement of the cash account and the amount of the borrower and borrower in the general ledger of the cash account; The inventory number of the cash inventory book should be reconciled with the actual cash on hand and the cash account general ledger balance.

Hello kiss royal or, I'm honored to answer for you <>

Catering Industry Discount Accounting Processing: Catering Industry Discount Accounting Processing can be Borrow: Bank Deposit Sales Expenses - Discount Credit: Main Business Income Oh I hope my reply to the short answer will be helpful to you, remember to wear a mask when you go out during the epidemic preparation for pants removal

I hope to help you with the following related extensions: Accounting processing refers to the process of reviewing the original vouchers and preparing accounting vouchers, through a series of accounting pre-processing such as bookkeeping, reconciliation and settlement, to the process of preparing accounting statements. All units should fill out and issue "balance statements" to reconcile with customers on a monthly or quarterly basis, and conduct face-to-face reconciliation with customers every year.

The reconciliation receipts sent by each unit, after being verified, should be arranged, bound, registered, and stored in the order of subjects and Huiji cavities. The passbook account shall insist on ensuring that the account passbook is consistent with the verification at the time of handling the business. The total amount of the borrower and borrower in the cash receipt and payment journal shall be consistent with the daily statement of the cash account and the credit amount of the debit state in the general ledger of the cash account; The inventory number of the cash inventory book should be reconciled with the actual cash on hand and the cash account general ledger balance.

Still have questions? Kiss, can you talk about it specifically? Or is there anything you'd like to talk about? <>

Hello dear, I am happy to answer for you: The answer is: Yes, there is an amount on the same invoice, there is a discount, the amount after the discount on the invoice is included in the income, and the tax amount after the discount is included in the value-added tax.

If the discount is not on the same invoice, the amount before the discount and the tax amount will be credited to the account, and the difference will be included in the sales expense. Discounts are directly offset against income, output tax and accounts receivable. If it is a cash discount, the total amount will be charged, and the cash discount will be directly included in the financial expenses, and the accounts receivable will be deducted at the same time; In the case of commercial discounts, it is charged according to the net amount of the rolling die after subtracting the commercial discount, and the commercial discount is no longer treated separately.

For catering companies (or enterprises) that provide free coupons, this is a commercial discount, not a discount for the purpose of recovering cash, so it is generally not included in the financial expenses. When the food and beverage coupon is actually incurred, if the invoice amount has been invoiced according to the amount after deducting the gift coupon, the invoice amount will be counted as revenue (if it is a non-invoice amount, the revenue will be recognized according to the cash received), and the operating cost will be made according to the actual cost.

If the balance of the coupon minus the gift after the invoice is the cash received, it will be recorded as a sales discount and included in the operating expenses.

For the company that receives the gift, this kind of gift does not need to be recorded, and when it actually occurs, if the invoice amount is the amount actually paid after deducting the gift, there is no need to process the gift. If the invoice amount is the original amount, and the actual payment is the invoice amount minus the invoice amount, the gift coupon will be offset by the expenses incurred by the invoice when it occurs (the essence is to be recorded according to the actual payment amount).