Water conservancy construction fund is a government fund specially used for water conservancy construction. The water conservancy construction fund shall be accrued and paid according to the sales income. Different provinces and cities have different collection ratios. Small water conservancy construction funds vary from place to place, and are generally charged at 1/1000 to 3/1000 of income. Its accounting treatment is as follows:

(1) When withdrawing money:

Debit: taxes and surcharges,

Loan: taxes payable-local water conservancy construction fund,

(2) After payment:

Borrow: taxes payable-local water conservancy construction fund,

Loan: bank deposit.