"Water conservancy construction fund" belongs to local tax collection, not a pure tax category, and has the same nature as "education surcharge". The proportion of collection varies from place to place, some are eight ten thousandths, and some are paid per person (one year per person 100 yuan).

In the past, water conservancy funds were recorded in other payables, and the new standard stipulates that "the insurance guarantee fund that enterprises should pay according to regulations is also recorded in the subject of tax payable"

Borrow: main business taxes and surcharges

Loan: taxes payable-water conservancy fund payable

Month-end carry-over

Debit: this year's profit

Loan: main business taxes and surcharges