Water conservancy funds should be included in the "taxes and surcharges" accounting, accounting entries are:

Borrow: taxes and surcharges

Loan: taxes payable-water conservancy construction fund payable

When paying:

Borrow: taxes payable-water conservancy construction fund payable

Loans: bank deposits

Water conservancy construction fund is a local government fund specially used for water conservancy construction, and the water conservancy construction fund is paid according to 0. 1% of the sales income of enterprises.