Accounting process of VAT

How to do the accounting process of VAT details?

The VAT accounting process is divided into the following steps:

1. "Input tax" processing.

2, "paid taxes" of the account processing.

3, "output tax" processing.

I. "Input tax" processing:

1, the domestic purchase of goods:

(1), borrowing: Taxes payable - payable VAT (input tax) .

(2), credit: accounts payable / notes payable / bank deposits. 2, accept investment in goods:

(1), debit: payable taxes - payable VAT (input tax).

(2), credit: paid-in capital.

3, accept the donation of goods transferred:

(1), debit: payable taxes - payable VAT (input tax).

(2), credit: non-operating income.4, accept taxable services:

(1), debit: payable taxes - payable VAT (input tax) .

(2), credit: accounts payable / bank deposits.

5, imported goods:

(1), debit: payable taxes - payable VAT (input tax) .

(2), credit: accounts payable / bank deposits.

6, the purchase of tax-exempt agricultural products:

(1), debit: payable taxes - payable VAT (input tax) .

(2), credit: accounts payable / bank deposits.

(2), credit: accounts payable / bank deposit.

(2), credit: accounts payable / bank deposit.

2, credit: bank deposits and so on.

Third, the "output tax" account processing:

1, the sale of goods or the provision of taxable services. Enterprises selling goods or providing taxable services (including self-produced, commissioned or purchased goods distributed to shareholders, investors), in accordance with the realization of the sales revenue and the amount of value-added tax collected in accordance with the provisions of:

(1), debit: accounts receivable/bills receivable/bank deposits.

(2), credit: tax payable - VAT payable (output tax). How to do the bookkeeping of VAT details