Accounting treatment of furniture exported by foreign trade enterprises

1, the difference of tax collection and refund rate = 17%- 15%=2%

360 * 2% = 72,000

Borrow: The main business cost is-72,000 for export goods.

Loan: Taxes payable-VAT payable (transfer-out input tax) 72,000 yuan.

2. Tax refund

Borrow: subsidy receivable-export tax rebate of 540,000 yuan.

Borrow: Taxes payable-VAT payable (export tax rebate) 540,000.

In other words, if 72,000 yuan needs to be transferred out, it should also be transferred out when the system fills in the form.