Skip to Content
0
Former Member
Sep 13, 2007 at 03:28 AM

accural tax for free goods

94 Views

Hi, friends!

Under Chinese tax law, free sample goods sent out to customers also are due for output tax. The related accounting documents are as below:

Debit: sales cost

Credit: inventory

Credit: accural tax -- output tax

How to make a configuration in pricing procedure and billing? Please give a hand to me. My mailbox: bobchang_china@yahoo.com

Thanks!