out-of-price expenses are expenses other than the price charged by the enterprise to the buyer when selling goods or taxable services. What are the main contents?

what does the extra cost include?

out-of-price fees refer to fees, subsidies, funds, collection fees, returned profits, incentive fees, liquidated damages (interest on deferred payment), compensation, packaging fees, package rent, reserve fees, quality fees, transportation and handling fees, collection funds, prepaid funds and other various out-of-price fees.

article 6 of the provisional regulations on value-added tax stipulates that the sales amount is the total price and extra-price expenses charged by taxpayers from the buyers for selling goods or taxable services, but it does not include the output tax collected. The Detailed Rules for the Implementation of the Provisional Regulations on Value-added Tax stipulates in detail the contents of out-of-price expenses: it refers to the handling fees, subsidies, funds, collection fees, return profits, incentive fees, transportation and handling fees, collection funds, prepaid funds and other out-of-price expenses of various natures charged to the buyer. All extra-price expenses, regardless of how the taxpayer's accounting system is calculated, should be incorporated into the sales volume to calculate the taxable amount.

accounting of extra-value-added tax expenses

Case: A sells a batch of goods to B, the applicable tax rate is 17%, and the tax-included price agreed in the contract is 1.17 million yuan. If B pays interest of 117, yuan to A due to late payment, all the 1.287 million yuan received by A should be taxed at 17%. When invoicing, the code corresponding to the goods should be selected, with the amount of 1.1 million yuan and the tax amount of 1.1 million yuan.

in accounting, it is not appropriate to directly include all sales into operating income, but to make professional judgment according to the provisions of accounting standards and the essence of business.

generally speaking, the price can be included in the main business income, while the extra-price expenses should be analyzed on a case-by-case basis. For example, the interest expenses should be deducted from the financial expenses; Liquidated damages, compensation and late fees should be included in non-operating income; Collection and advance payment should be included in the current account; The package rent is included in other business income.

the buyer makes the opposite accounting treatment.

For the seller, the out-of-price expenses in the above example are actually interest income, and the financial expenses should be offset.

Debit: bank deposit of 1.287 million yuan

Loan: main business income of 1 million yuan

financial expenses of 1, yuan

payable taxes-payable value-added tax (output tax) of 187, yuan

The buyer's treatment is:

Borrow: raw materials of 1 million yuan

financial expenses of 1, yuan <