Can this year's invoice still be used next year?
It's almost the end of the year! Many bosses and financial personnel have to face another big problem: invoices for new year's goods.
So, can this year's invoice still be used next year? Will there be hidden dangers? Can I deduct it before tax?
What is the new year invoice? New year's invoice is simply the invoice issued the year before, but paid, reimbursed and recorded in the next year.
There are two most common New Year invoices:
The first is the invoice for the next year, that is, the economic business takes place on 202 1 and the payment is also on 202 1, but the invoice is issued in 2022.
The second is the invoice that was not reimbursed in that year. The invoice was issued last year, but it was not issued last year for various reasons. Reimbursement and billing time are the invoices of the following year. Let's talk about these two kinds in detail.
I. Invoices for alternate years
When the business has occurred, the expenses that should be borne by the current period should be included in the current period. There is no need to contact whether the invoice has arrived or not. Invoice is only an original voucher in accounting.
Therefore, for time difference invoices, the expenses incurred in the current period should be directly recorded in the accounting entries and included in the current expenses.
How to deal with enterprise income tax?
According to the Announcement of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China on Several Issues Concerning Enterprise Income Tax, if the relevant costs and expenses actually incurred by the enterprise in that year cannot be obtained in time for various reasons, the enterprise may temporarily enter them into the account according to the book amount when paying quarterly income tax in advance; However, at the time of final settlement, valid vouchers of costs and expenses should be supplemented.
If it is really impossible to reimburse on time, for example, the business traveler 12 went on a business trip and 10 came back, the accountant should ask all departments to provide the estimated expense amount that can only be reimbursed in 2022 when the invoice date of employees in this department is 202 10.
Before the next year's final settlement, if an invoice is obtained (regardless of whether the invoice was issued in 20021or 2022), it can be directly attached to the voucher of 202 1. Deduction is allowed during final settlement, and no tax adjustment is required.
The question is, what if you don't get the invoice before the next year's settlement?
Look at this → "Dry goods! State Taxation Administration of The People's Republic of China made it clear: How to deduct the invoice not received at the end of the year? 》
2. Unpaid invoices in this year
The invoice was issued last year, but due to various reasons, the account could not be made last year, and the handling personnel used it for reimbursement the next year. What should I do?
It should still be in the last year, but it was all settled last year. How can I charge it to my account? This is the "previous year's profit and loss" account (not used in small business accounting standards).
So how to deal with the enterprise income tax?
It will naturally be dealt with in the final settlement in 2020. If it has been settled, adjust the declaration form and add this fee to the due period for deduction. Undeclared, directly included in the pre-tax deduction.
Therefore, it is not recommended to handle the final settlement of enterprise income tax in June 5438+ 10 and February, because it is likely to be reworked, which will add unnecessary trouble to yourself.
Third, summary.
It's very troublesome to invoice during the Spring Festival. The best way is to deal with it from the source to avoid or reduce the generation of new year invoices. It is suggested to do the following three things:
1. Require employees to reimburse in time without delay;
2. Require the company's partners to issue invoices in time, regularly check the enterprises with inadequate invoices and do a good job of collection;
3. Accounting treatment should follow the accrual basis, the expenses incurred should be recorded, and tax adjustments should be made after the final settlement to ensure that there are no errors in the books.
Finally, for the new year's invoice processing method, use a picture to summarize:
Six Frequently Asked Questions of New Year Invoice
1. Invoices are only available in the current year and the following year. How to deduct before tax?
Answer: If the relevant costs and expenses actually incurred by the enterprise in that year cannot be obtained in time due to special reasons, the enterprise may temporarily exclude them from the book amount when paying quarterly income tax in advance; However, in the final settlement, it is necessary to supplement the effective vouchers of costs and expenses.
Special circumstances: after the fixed assets of the enterprise are put into use, if the project payment is not settled and the full invoice is not obtained, the depreciation can be temporarily included in the tax basis of the fixed assets according to the amount agreed in the contract, and will be adjusted after the invoice is obtained.
However, it should be adjusted within 12 months after the fixed assets are put into use.
2. If it has not been deducted after the final settlement period, can it be deducted before tax?
Answer: The expenses actually incurred in the previous year, which should be deducted before the enterprise income tax according to the tax regulations, are allowed to be paid back to the year when the project occurs after the special declaration and explanation by the enterprise, but the confirmation period of the payment is not more than 5 years.
Last year's special ticket was refunded the next year. Can I make out a red-ink invoice?
A: You can apply for issuing red-ink invoices normally. It will not affect the declaration result, just declare it truthfully.
Can I deduct the salary of the previous year?
Answer: The annual wages and salaries actually paid by the enterprise to the employees before the end of the annual settlement are allowed to be deducted before the annual enterprise income tax is settled.
5. How to confirm the sales of goods whose production period exceeds 1 year? How to confirm the income from sales of commodities with production period exceeding 12 months, such as large machinery and equipment, ships, airplanes and other commodities?
Answer: The time when the VAT liability occurs is the day when the advance payment is received or the payment date agreed in the written contract. Enterprise income tax recognizes the realization of income according to the completion progress or workload completed in the tax year.
6. How to be hospitalized at the end of the year and discharged at the beginning of the year? Among the medical expenses for serious illness, taxpayers are hospitalized at the end of the year and discharged at the beginning of the following year. How to calculate and deduct this cross-year medical expenses? Is it deducted separately for two years?
A: Taxpayers are hospitalized at the end of the year and discharged at the beginning of the following year. General medical expenses are settled at the time of discharge. Taxpayers who declare to enjoy medical deduction for serious illness shall be subject to the settlement time on the medical expense settlement form.
Therefore, the medical expenses belong to the medical expenses of the second year. At the end of the tax year, taxpayers can enjoy this deduction in the next year's final settlement if they meet the conditions of medical deduction for serious illness.
The company is not a small workshop.
Finance-related jobs are best left to professionals.
Or a professional tax service company (such as smart accounting)