Accounting for Revenues and Expenses from Financial Activities:

1.3.1.3 Accounting for export tax and special consumption tax:

 Accounting documents used:

- Sales invoice.

- VAT invoice.

- Other relevant documents.

 Accounting accounts used:

Account 333 - Taxes and amounts payable to the State. In which:

- Account 3332 - Special consumption tax.

- Account 3333 - Import and export tax.

 Accounting for main operations:

Accounting diagram of Special Consumption Tax Account

Pay special consumption tax

Special consumption tax payable during the period

Account 111, 112 Account 333 (3332)

Account 511

Accounting diagram of Export Tax Account

Pay export tax

Export tax payable to the state budget

Account 111, 112 Account 333 (3333)

Account 511

1.3.2 Accounting for production and business costs:

1.3.2.1 Cost of goods sold:

 Accounting documents used:

- VAT invoice.

- Sales invoice.

- Warehouse receipt, warehouse delivery note.

- Other relevant documents.

 Accounting accounts used:

Account 632 - Cost of goods sold. Account 155 - Finished products.

Account 157 - Goods sent for sale.

Account 154 - Cost of production and business in progress.

 Accounting for main operations:

Accounting chart of Cost of Goods Sold Account

(by regular declaration method)

Account 154

Account 632

Finished products are sold immediately, without being put into storage.

TK 157

Finished products sold are returned and put into storage.

TK 155

Finished products are sent for sale without being put into storage.

When goods sent for sale are determined to be consumed

TK 155

Finished products sent for sale

Export finished products for sale

At the end of the period, the cost of goods sold of finished products and services consumed is calculated.

Account 911

Account 154

TK 159

At the end of the period, the cost of completed services consumed during the period is calculated.

Reversal of inventory write-down provision

Provision for inventory price decline

1.3.2.2 Selling expenses:

 Accounting documents used:

- VAT invoice.

- Payment voucher, payment authorization.

- Other relevant documents.

 Accounting accounts used:

Account 641 - Selling expenses. In which:

- Account 6411 - Employee costs.

- Account 6412 - Material costs.

- Account 6413 - Cost of tools and equipment.

- Account 6414 - Fixed asset depreciation expenses.

- Account 6415 - Warranty costs.

- Account 6417 - Cost of outsourced services.

- Account 6418 - Other cash expenses. Account 111 - Cash.

Account 112 - Bank deposits. Account 331 - Payable to sellers.

 Accounting for main operations:

Accounting chart of Cost of Sales Account

TK 111, 112,

152, 153,…

Account 334, 338

TK 133

Cost of materials and tools

Salary costs and salary deductions

Account 641

Account 111, 112

Revenue reduction expenses

Account 214

Fixed asset depreciation costs

Account 142, 242, 335

Account 512

- Cost allocation,

- Prepaid expenses

Finished products, internal consumption services

Cost of sales

Account 911

Account 333 (33311)

TK 111, 112,

141, 331,…

Outsourced service costs, Other cash costs

TK 133

Input VAT is not deductible.

1.3.2.3 Business management costs:

 Accounting documents used:

- VAT invoice.

- Payment voucher, payment authorization.

- Other relevant documents.

 Accounting accounts used:

Account 642 - Business management expenses. In which:

- Account 6421 - Management staff costs.

- Account 6422 - Management material costs.

- Account 6423 - Office supplies costs.

- Account 6424 - Fixed asset depreciation expenses.

- Account 6425 - Taxes, fees and charges.

- Account 6427 - Cost of outsourced services.

- Account 6428 - Other cash expenses. Account 111 - Cash.

Account 112 - Bank deposits. Account 331 - Payable to sellers.

 Accounting for main operations:

Accounting diagram of Business Management Expense Account

Account 642

TK 111, 112,

152, 153,…

Account 334, 338

TK 133

Cost of materials and tools

Account 111, 112, 152…

Revenue reduction expenses

Account 214

Cost of salaries, wages, shift allowances and deductions

Fixed asset depreciation costs

Account 142, 242, 335

TK 133

TK 139

- Cost allocation,

- Prepaid expenses

Input VAT is not deductible.

Business management cost

Account 911

Provision for doubtful debts

TK 111, 112,

141, 331,…

Outsourced service costs Other cash costs

Account 333

Business license tax and land rent must be paid to the state budget.

1.3.3 Accounting for revenues and expenses from financial activities:

1.3.3.1 Financial revenue:

 Accounting documents used: