How To Handle Payment Procedures Under The Mode Of Entrusted Payment Settlement

The Bank of the drawee bank receives the entrusted receipts from the bank where the payee has opened the bank. After examination is correct, the drawee should notify the drawee in time. The payer receives the notice and the relevant annexes, and shall conduct careful examination. The contents of the review mainly include three items: (1) whether the entrusted receipts should be accepted by the unit; (2) the contents of the voucher and the attached ones. Document completion Whether it is complete and correct; (3) whether the amount of entrusted receipts is in line with the actual amount payable, and whether the commitment period is due.

After the payer has reviewed the matter correctly, he shall pay within the prescribed payment period. The payment period is 3 days, counting from the next day of issuing the payment notice by the drawee bank. Holiday extension When the bank starts business in the morning, the money will be allocated to the collection.

If the drawee advising the bank to pay in advance, the payment shall be made immediately. The payer checks the payment notice and the relevant documents and finds that there are obvious errors in calculation. When paying more than one item, the teller can fill in a quadruple "multi payment reason" (which can be used as an alternative to "refuse to pay the reason"). After the bank has examined and approved the agreement, it will transfer the multiple payment items together with the amount of the payment to the receivables. At the same time, it will give the receipt of the first multi payment letter to the receiving unit after the "transfer" chapter.

Example: Daming company uses the method of entrustment to buy Dasheng company's goods 180000 yuan (including tax rate, tax rate 17%), and compiling bank deposits according to the fifth part of the entrusted receipts and relevant documents transferred by banks. Payment voucher The accounting entries are:

Borrow: commodity purchase 153846.15

Tax payable - value added tax (input tax) 26153.85

Loan: bank deposit 180000

Example: A company uses a commission to buy a product of B company, and entrustment the receipts to indicate that the commission amount is 40000 yuan. Because the second company needs to replenish the product 10000 yuan, it requires more payment procedures. The accounting department of the financial department shall prepare the bank deposit payment vouchers according to the fifth part of the entrusted receipts vouchers and the relevant documents.

Borrow: commodity purchase 34188.03

Tax payable - value added tax (input tax) 5811.97

Loan: bank deposit 40000

At the same time, the bank's deposit payment voucher is compiled in accordance with the "multiple payment reasons" returned by the principal and the bank seal.

Loan: advance payment B company 10000

Loan: bank deposit 10000

Upon receipt of B's invoice, bills and other vouchers, the following accounting entries are as follows:

Borrow: commodity purchase 8547

Tax payable - value added tax (input tax) 1453

Loan: advance payment B company 10000