How to do the accounting treatment of vouchers given by restaurants and hotels

Generally, vouchers are used to offset cash in future consumption, which is actually a discount sale. Accounting processing:

1. Vouchers are issued for registration and record keeping, and no accounting processing is performed

2. When the customer actually consumes, the revenue is recognized based on the amount actually received after deducting the voucher,

Debit: bank deposits, etc.,

Credit: main business income,

Taxes payable - VAT payable (output tax).