How to make accounting entries for special VAT invoices of goods transportation industry and bookkeeping vouchers of the drawee?
How to make accounting entries for special VAT invoices of goods transportation industry and bookkeeping vouchers of the drawee? If it is goods. Freight is included in the cost. Because it is a special invoice, tax can be deducted. Debit: taxes payable on raw materials - input tax credit: VAT on bank deposits and cash on hand can be deducted if they are used for VAT items. Not if not. As for its use, it is included in whatever it is used for. Do you understand this explanation?
