1. If the enterprise is a general taxpayer, the details are as follows:
(1) When the enterprise receives the consulting fee and issues a special VAT invoice:
Debit: bank deposit
Loan: income from main business (when consulting service belongs to the company's main business)
Other business income (when consulting service belongs to the daily business other than the company's main business)
Taxes payable-VAT payable (output tax)
Parallel carry-over cost:
Debit: main business cost
Other business costs
Loan: wages payable to employees.
(2) When the enterprise pays the consulting fee and receives the special VAT invoice:
Borrow: management fee-consulting fee
Taxes payable-VAT payable (input tax)
Loans: bank deposits
2. If the enterprise is a small-scale taxpayer, the details are as follows:
(1) When the enterprise receives the consulting fee and issues the invoice:
Debit: bank deposit
Loan: income from main business (when consulting service belongs to the company's main business)
Other business income (when consulting service belongs to daily activities other than the company's main business)
Taxes payable-VAT payable
Parallel carry-over cost:
Debit: main business cost
Other business costs
Loan: wages payable to employees.
(2) When the enterprise pays the consulting fee and receives the invoice:
Borrow: management fee-consulting fee
Loans: bank deposits