However, it does not include the following items: the output tax charged to the buyer, the consumption tax collected and remitted by consumer goods entrusted with processing consumption tax, and the prepaid freight paid by taxpayers to the buyer on the basis of invoices issued by the transportation department.
VAT expense inspection:
1. Check the current account. Focus on the accounts of "other receivables" and "other payables", especially the debit amount of "other payables" or the cargo volume of "other receivables", and see whether the corresponding accounts of the enterprise are related to the inflow of monetary funds or the debit increase of creditor's rights "accounts payable".
2. The accounting verifies the red-ink records of the cost and expense accounts of out-of-price expenses.
Check the red-ink write-off records of debit amount of management expenses, manufacturing expenses, production expenses, other business expenses, non-operating expenses and other subjects.
3. Check the contents of the income account. Check the contents of credit amount accounting in the subsidiary ledger of "other business income" and "non-business income" to see if there is any extra expenditure.