How to do the accounting entry of 6% of accommodation income?

1. If you are a hotel and the accommodation fee is within the business scope, do:

Debit: cash on hand/bank deposit;

Loan: income from main business;

Loan: taxes payable: value-added tax payable;

2. If the unit is not a hotel, it will receive non-operating accommodation income:-Generally, it is not allowed to conduct business outside the business scope.

Debit: cash on hand/bank deposit;

Loan: non-operating income

3. When the hotel industry collects business tax, regardless of the scale of its operation, taxpayers should pay business tax at the rate of 5% according to all its income (sales), including room rate and service fee. After the transformation of value-added tax, taxpayers in the hotel industry can be divided into two categories:

Hotels with annual sales below 5 million yuan 1 are classified as small-scale VAT taxpayers. According to the policy, this part of taxpayers apply the tax law and pay VAT at the tax rate of 3% (that is, sales volume ×3%).

The second category, hotels with annual sales of more than 5 million yuan, are listed as general taxpayers of value-added tax. This part of taxpayers is subject to the VAT rate of 6%. Value-added tax is levied outside the price, and business tax is levied within the price.