What are 02 cases for preparing tax accounting documents or vouchers in Vietnam?

Vietnam: What information do tax accounting documents or vouchers contain?

tax accounting documents or vouchers are stipulated in Clause 1, Article 16 of Circular 111/2021/TT-BTC as follows:

Tax Accounting documents or vouchers

1. Tax accounting documents or vouchers must comply with the content and methods of preparation, and be signed as per the provisions of the Accounting Law and must contain all information as guided in Clause 2, Article 12 of this Circular. Tax accounting documents or vouchers contain information on receivables to be collected, collected, remaining to be collected, to be refunded, refunded, remaining to be refunded, exempted, reduced, debt rescheduled, and debt write-off, which are prepared in certain cases as stipulated in Clause 2 of this Article.

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Tax accounting documents or vouchers contain information on receivables to be collected, collected, remaining to be collected, to be refunded, refunded, remaining to be refunded, exempted, reduced, debt rescheduled, and debt write-off, which are prepared in certain cases as stipulated in Clause 2, Article 16 of Circular 111/2021/TT-BTC.

Tax accounting documents or vouchers must comply with the content and method of preparation, and be signed as per the provisions of the Accounting Law 2015 and must contain all information as guided in Clause 2, Article 12 of Circular 111/2021/TT-BTC.

What are 02 cases for preparing tax accounting documents or vouchers in Vietnam? (Image from the Internet)

What are 02 cases for preparing tax accounting documents or vouchers in Vietnam?

The cases for preparing tax accounting documents or vouchers are stipulated in Clause 2, Article 16 of Circular 111/2021/TT-BTC as follows:

(1) In cases where the tax authorities must adjust the state budget revenue data at the request of the State Treasury or the competent authority, and the adjustment information only affects the data in the tax accounting reports without altering the taxpayer's tax obligation on the taxpayer management system.

(2) In cases where changes in policy necessitate adjustments to tax accounting report data without altering the taxpayer's tax obligations.

See also: The list, format, and methods for preparing tax accounting documents or vouchers as stipulated in Appendix II issued with Circular 111/2021/TT-BTC.

What is the purpose of collecting inputs and issuing vouchers in Vietnam?

Tax accounting is one of the tax management functions of the tax authority, utilizing completed processing results from other tax management professional activities to perform tax accounting tasks as stipulated in Article 6 of Circular 111/2021/TT-BTC.

The tasks of tax accounting are stipulated in Clause 2, Article 5 of Circular 111/2021/TT-BTC as follows:

Scope and tasks of tax accounting

1. The scope of tax accounting in implementing tax management activities of the tax authority

Tax accounting is one of the tax management functions of the tax authority, utilizing completed processing results from other tax management professional activities to perform the tasks of tax accounting as per the contents stipulated in Article 6 of this Circular.

2. Tasks of tax accounting

a) Perform the collection of tax accounting input information, prepare tax accounting documents or vouchers as stipulated in Section 1, Chapter II of this Circular to record tax bookkeeping.

b) Reconcile and verify the data recorded to ensure alignment with the input information originating from related tax management files concerning tax accounting.

c) In cases of discrepancies found in the process of tax accounting recording, determine the cause and request handling as stipulated in Article 14, Article 16 of this Circular.

d) Store, manage, provide tax accounting information and documents as per the provisions stipulated in Article 9 of this Circular.

đ) Provide truthful, complete, and prompt tax accounting information and documents in accordance with legal provisions on accounting and tax management.

e) The tasks of tax accounting are performed automatically by the Tax Accounting Subsystem or by officials carrying out tax accounting tasks according to their functions, duties, and authority on the Tax Accounting Subsystem.

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Therefore, one of the tasks of tax accounting is to perform the collection of input information for tax accounting, prepare tax accounting documents or vouchers to implement the recording of tax bookkeeping.

To be specific:, according to Clause 2, Article 6 of Circular 111/2021/TT-BTC, recording tax bookkeeping is a task performed automatically by the Tax Accounting Subsystem to record input tax accounting information and tax accounting documents or vouchers according to Clause 1, Article 6 of Circular 111/2021/TT-BTC to account for tax, containing tax management professional activities arising in the tax accounting period, including opening, recording, closing, and correcting tax bookkeeping as stipulated in Section 3, Chapter II of Circular 111/2021/TT-BTC.