First of all, the taxable consumer goods entrusted for processing and recycling are directly sold or regarded as sales. The entrusting party shall include the consumption tax collected by the entrusting party into the cost of the entrusted processing materials, debit the "entrusted processing materials" and credit the "accounts payable" and "bank deposits". If the recycled cut tobacco is directly sold, the corresponding business shall be handled according to the requirements of ②:

Borrow: Entrusted Processing Materials 8 1000

Loan: Bank deposit 8 1000.

Secondly, if the taxable consumer goods recovered by the entrusted processing are used for the continuous production of taxable consumer goods, the consumption tax collected and remitted by the trustee is allowed to be deducted from the consumption tax payable for the continuous production of taxable consumer goods in accordance with the regulations, except for the taxed jewelry and jade (the trustee pays the consumption tax for the processing or renovation of gold and silver jewelry in accordance with the regulations, debits "main business tax and surcharges" and credits "tax payable-consumption tax payable"). Debit "tax payable-consumption tax payable" and credit "accounts payable" and "bank deposit". For example, if the recovered cut tobacco is used for continuous cigarette production, the corresponding business treatment should be carried out according to the requirements of ②:

Borrow: taxes payable-consumption tax payable 8 1000

Loan: Bank deposit 8 1000.

Accounting treatment of entrusted processing materials

(1) For materials processed by other units, according to the actual cost, debit "entrusted processing materials" and credit "raw materials" and "goods in stock" and other subjects; According to the planned cost or sales price accounting, it should also carry forward the material cost difference or commodity price difference, debit the subject, and credit the subject of "product cost difference" or "commodity price difference"; If the actual cost is lower than the planned cost, make the opposite accounting entry.

(2) Paying processing fees, transportation fees, etc. , debit this account and other subjects, credit "bank deposits" and other subjects; The entrusted processing materials that need to pay consumption tax shall be collected by the trustee, debited to this account (for direct sales after recycling) or "tax payable-consumption tax payable" (for continuous processing after recycling), and credited to "accounts payable" and "bank deposits".

(3) For the materials that have been processed and accepted, according to the actual cost of the recovered materials and the actual cost of the surplus materials, debit the subjects such as "raw materials" and "goods in stock" and credit the subjects. If the planned cost or selling price is used for accounting, the subjects such as "raw materials" or "goods in stock" should be debited according to the actual cost and credited to this subject, and debited or credited according to the difference between the actual cost and the planned cost or selling price.

The above introduces the two situations of direct sales and continuous production of the materials entrusted for processing after recycling. In these two cases, the accounting of consumption tax is different, one is directly included in the cost, and the other is required to be deducted. As long as you master the principle, you won't forget it. Please see above for details, and this article ends here.