Information technology service fees are included in the subject of "management fees-technical service fees".
The technical service fee is included in the management expense account, and its accounting entries are as follows:
Borrow: management fee-technical management fee
Loan: bank deposit/cash
Accounting entry of VAT invoice for opposite service fee:
Borrow: management fee-technical service fee
Borrow: Taxes payable-VAT payable (input tax)
Loans: bank deposits
Tax-related treatment of technical service fees
If it is a general taxpayer (issuing a special VAT invoice), its accounting entries are as follows:
1. According to the certified invoice at the time of payment:
Debit: management expenses-office expenses (excluding tax), tax payable-increase-input tax (input tax)
Credit: cash on hand, etc.
2. When transferring the input tax:
Debit: management expenses-office expenses (tax part)
Credit: tax payable-increase-input tax transfer (tax part)
3. When reducing or exempting:
Borrow: tax payable-tax increase-tax reduction.
Loan: non-operating income
Technical service fee refers to the business that an enterprise sends professional technicians, experts, professors or managers with certain technical expertise and knowledge to undertake technical guidance and consultation of the project, provide design documents and technical data, conduct feasibility study, impart technology, train personnel, participate in management, and collect technical service fee from the owner according to the contract or agreement.
The technical service fee belongs to the modern service industry within the scope of reform, which is under the jurisdiction of State Taxation Administration of The People's Republic of China, also known as the value-added tax rate.
Some modern service industries refer to the business activities that provide technical and knowledge services around manufacturing, cultural industries and modern logistics, including R&D and technical services, information technology services, cultural and creative services, logistics auxiliary services, tangible movable property leasing services, forensic consulting services and radio, film and television services.
How to make accounting entries for information technology service fees? According to the introduction in this paper, we can know that in the accounting treatment of information technology service fees, we include them in the above management fees, but the specific secondary details of management fees can be set according to the actual situation of enterprises. Please refer to the above for analysis.