How to calculate the installation fee received by ordinary taxpayers?

Installation fees received by general taxpayers are recorded:

1. When bookkeeping is based on the invoice.

Debit: bank deposits (or accounts receivable, etc.). )

Loans: other business income

2. Pay according to the tax bill for invoicing when making accounts.

Borrow: Taxes payable-business tax

Borrow: Taxes payable-Urban Construction Tax

Borrow: Taxes payable-education surcharge

Borrow: Taxes payable-personal income tax

Loans: bank deposits, etc.

3. At the end of the month, make extraction entries according to the taxes paid.

(1) Withdraw personal income tax

Debit: income tax expense-personal income tax

Loan: Taxes payable-personal income tax

(2) Extraction of business tax and surcharges

Borrow: business tax and surcharges

Loan: Taxes payable-business tax

Loan: Taxes payable-Urban Construction Tax

Loan: Taxes payable-education surcharge

4. Personal income tax paid on behalf of invoicing shall be included in income tax expenses as income tax in advance.