Abstract

The article highlights the economic essence of the value added tax and characterizes the dates of the tax credit for various transactions. The norms of the current legal acts regarding the recognition of the tax credit for the value added tax have been analyzed. The accounting accounts intended for the systematization and accounting display of the investigated tax are characterized. The procedure for the accounting display of the tax credit for the value added tax upon receipt of goods and material values on the terms of subsequent payment has been disclosed. The procedure for displaying in the accounting system of VAT-paying enterprises acquisition of tangible assets on the terms of advance payment is given. The process of displaying on accounting accounts the write-off of tax credit for tax documents that were not received from counterparties before the deadline for registration is highlighted. The process of accounting for the tax credit for value-added tax when performing other operations (settlements with accountable persons for the funds issued in the sub-report; import of tangible assets; services received from a non-resident in the customs territory of Ukraine; receiving an object under financial leasing) has been disclosed. It is proposed to improve the analytical accounting of the tax credit for value added tax. The procedure of electronic administration of value added tax and the procedure of registration of incoming tax documents in the ЕРПН are highlighted. Goal. Elucidation of the accounting display of the tax credit for the value added tax and the development of proposals for the introduction of analytical accounts for the detailed accounting of the investigated tax. Method (methodology). General scientific methods (analysis, synthesis, induction and deduction), empirical theoretical (formalization, hypothetical) and empirical methodological methods of research (calculation-analytical, implementation of results in practical activities, reporting display of economic activity). The results. For the purpose of reliable accounting display of information regarding the tax credit for the value added tax, it is proposed to display the operations, conditional formation of the investigated tax in the section of the following analytical accounts: 6441 "Tax credit confirmed"; 6442 "Tax credit not confirmed"; 6443 "Tax credit for prepayment"; 6444 "Tax credit deferred"; 6445 "Adjustable tax credit". This approach will allow for more accurate control of tax settlements with counterparties and to compare unconfirmed (expected) and confirmed VAT, and thus effectively manage obligations to the budget.

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