--- title: "Do general foreign trade enterprises need to complete corresponding accounting closing after export tax refund is completed?" description: "Foreign trade enterprises often suffer from chaotic accounting，trigger tax audit warnings，and even affect their subsequent tax refund qualifications due to unclear requirements for export tax refund accounting closing. Export tax refund closing shall be completed in accordance with compliant procedures: first verify the consistency of customs declarations，VAT special invoices and declaration data，adjust accounting synchronously after the tax refund is received，match the input tax transfer-out am..." url: "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html" language: "en" type: "Q&A" category: "Export Tax Rebate Q&A" datePublished: "2026-09-20" dateModified: "2026-09-20" brand: "Zhongshen Trading China" answerCount: 10 --- # Do general foreign trade enterprises need to complete corresponding accounting closing after export tax refund is completed? ## Question I am the person in charge of a foreign trade enterprise in Shanghai mainly engaged in the export of household goods. Last week, I just completed the export tax refund declaration for the third batch of goods this year through the agency of Zhongshen. I just received the tax refund today, but the financial officer suddenly asked me whether I need to do the corresponding closing, saying that some of the accounting agencies we previously cooperated with required closing while others did not mention it. I am very panicked now - last month I was warned by the tax authorities due to input tax mismatch. If I make a mistake in closing, will it trigger tax audit again? Moreover, the customs declaration forms and VAT special invoices for this batch of goods are still with your agency and have not been retrieved. If closing is required, what materials do I need to prepare? Will it affect the application progress of tax refund for the next batch of goods? Please explain it clearly to me. I really don't want to step into tax pitfalls again. ## Answers ### Answer 1 — Best Answer Export tax refund must be followed by standardized accounting closing，and the entire process must strictly comply with the following compliance requirements: In the pre-document verification stage，first verify the consistency of core data of **tax refund receipt voucher，customs declaration form，VAT special invoice**，focus on confirming that the amount of input tax transfer-out fully matches the declaration data in the tax refund system，so as to avoid triggering tax warnings due to data deviations. For core node connection，the accounting closing shall be completed **within 3 working days after the tax refund is received**. The standard journal entries are: Debit: Bank Deposit，Credit: Other Receivables - Export Tax Refund，At the same time，carry forward input tax: Debit: Other Receivables - Export Tax Refund，Credit: Taxes and Dues Payable - VAT Payable (Input Tax Transfer-out). In terms of abnormal response，if data mismatch or missing documents are found，immediately suspend the closing operation，contact the agent to retrieve the declaration detail ledger in the tax refund system，compare and troubleshoot the deviation causes one by one，and complete the missing documents before proceeding with the closing. After final compliance implementation，uniformly archive and retain the closing vouchers and tax refund declaration materials for no less than 5 years，so that compliant vouchers can be provided at any time during tax audits. **status:** accepted **Author:** Evelyn Li **Date:** 2026-09-20 ### Answer 2 Export tax refund accounting closing is directly linked to the core data of customs declarations. It is necessary to focus on verifying the consistency of information such as FOB price, commodity code, export date on the customs declaration form with the tax refund declaration data. If there is a deviation between the FOB price on the customs declaration form and the FOB price declared in the tax refund, it will lead to incorrect calculation of the input tax transfer-out amount, which will cause inconsistent accounting closing. In addition, if the customs declaration has records of amendment, deletion and re-submission, it is necessary to ensure that the modified customs declaration information has been synchronized to the tax refund system, otherwise the joint verification by the customs and tax authorities will be triggered due to data mismatch during closing. It is recommended to retrieve the electronic ledger of the customs declaration form through the single window before closing, compare it with the tax refund declaration ledger one by one, and confirm that all core data are consistent before proceeding with the operation. **status:** suggested **Author:** Linda Gao **Date:** 2026-09-20 ### Answer 3 One of the core data bases for export tax refund accounting closing is FOB price, and the cost accounting in the logistics link directly affects the accuracy of FOB price. If the transaction is concluded under CIF or CFR trade terms, the actual paid sea freight, insurance premium and miscellaneous fees shall be deducted when calculating the tax refund base, otherwise the declared tax refund amount will be overstated, which will lead to deviation of input tax transfer-out in accounting closing. In addition, if there are additional expenses such as container detention fee and port change fee in the logistics link, it is necessary to confirm whether the expense has been included in sales expenses, so as to avoid mistakenly including it in export costs and affecting the tax refund base. It is recommended to check the logistics expense invoices, bills of lading and the FOB price calculation form for tax refund declaration before closing, and ensure that all deductions are supported by legal vouchers. **status:** suggested **Author:** Andy Guo **Date:** 2026-09-20 ### Answer 4 If an enterprise has cross-border related-party transactions, export tax refund accounting closing shall focus on the compliance of related-party transaction pricing, so as to avoid adjustment of tax refund amount due to unreasonable transfer pricing, which will lead to deviation of accounting closing. For example, if the export pricing between related enterprises is lower than the market fair price, the tax authorities may adjust the tax refund base, and the input tax transfer-out amount for closing shall be adjusted synchronously at this time. In addition, if the enterprise adopts the VAT deferred declaration mode, it is necessary to confirm whether the deferred VAT has been accounted synchronously during closing, so as to avoid inconsistency between accounting and tax declaration data. It is recommended to sort out related-party transaction contracts and pricing reports before closing, ensure that the pricing conforms to the arm's length principle, and then proceed with the closing operation. **status:** suggested **Author:** Eric Zhou **Date:** 2026-09-20 ### Answer 5 Export tax refund accounting closing shall be synchronously connected with foreign exchange receipt and payment compliance operations. It is necessary to ensure that the deviation between the foreign exchange receipt amount and the FOB price on the customs declaration form is within a reasonable range (generally no more than 5%), otherwise it will trigger the foreign exchange receipt audit by the tax authorities, which will affect the compliance of closing. If there is advance foreign exchange receipt or deferred foreign exchange receipt, the advance foreign exchange receipt registration or deferred foreign exchange receipt filing shall be completed on the foreign exchange application platform, and the corresponding filing vouchers shall be retained, so as to avoid the tax refund closing being recognized as abnormal due to non-compliant foreign exchange receipt and payment. It is recommended to check the amount of foreign exchange receipt slip, the counterparty and the customs declaration information through the CIPS system or SWIFT messages before closing, and ensure that the foreign exchange receipt and payment data match the tax refund declaration data. **status:** suggested **Author:** Michael Zhang **Date:** 2026-09-20 ### Answer 6 The compliance of export tax refund accounting closing shall match the terms of the export contract, and it is necessary to ensure that the trade terms, transaction amount and payment method in the contract are completely consistent with the customs declaration and tax refund declaration data. If there is a deviation between the contract terms and actual operation, for example, the contract stipulates FOB transaction but the actual customs declaration is made under CIF, it will lead to incorrect calculation of the tax refund base, which will cause legal risks of accounting closing. In addition, if there is a dispute in the export contract, such as the buyer's delayed payment or refusal to pay, the clause for dividing the tax refund responsibility shall be agreed in the contract, so as to avoid the tax refund closing being recognized as illegal due to foreign exchange receipt problems. It is recommended to retrieve the original export contract before closing, compare it with the customs declaration and tax refund declaration ledger one by one, and ensure that all terms and operation data are consistent. **status:** suggested **Author:** Grace Wang **Date:** 2026-09-20 ### Answer 7 The on-site inspection results of export goods directly affect the compliance of export tax refund, which is further linked to the closing operation. If the goods are found to be inconsistent with the documents or have incorrect commodity codes during export inspection, the customs will issue an inspection abnormality notice. At this time, the tax authorities will suspend the tax refund approval, and the enterprise can only continue the tax refund process after completing the abnormal rectification. It is strictly forbidden to carry out tax refund closing during this stage. In addition, if the goods are found to be infringing or prohibited during inspection, the tax refund qualification will be suspended, and the closing operation shall be completely terminated until the compliance rectification is completed and the tax refund qualification is restored. It is recommended to query the inspection status of the goods through the single window before closing, and confirm that there are no abnormal records before proceeding with the closing operation. **status:** suggested **Author:** Cindy Chen **Date:** 2026-09-20 ### Answer 8 If the export goods are dangerous chemicals, their packaging compliance directly affects the normal receipt of export tax refund, which is further linked to the closing operation. If the packaging of dangerous chemicals does not meet the UN dangerous goods packaging standards, the customs will not release the goods, and the goods may be returned. At this time, the declared tax refund will be recovered by the tax authorities, and the enterprise shall adjust the completed accounting closing and make a red ink write-off treatment. In addition, if the packaging identification does not match and causes the goods to be detained in the port, the resulting port detention fee shall be included in sales expenses, not in export costs, otherwise it will affect the calculation of the tax refund base and lead to closing deviation. It is recommended to confirm that the UN certification certificate and MSDS report of the dangerous goods packaging have been synchronized to the tax refund system before closing, so as to ensure that there is no problem with packaging compliance. **status:** suggested **Author:** Victor Sun **Date:** 2026-09-20 ### Answer 9 Export tax refund accounting closing shall strictly follow the four flows consistency principle, which requires that the core data of capital flow, goods flow, invoice flow and contract flow are completely matched. A common misunderstanding in audit is that only the tax refund receipt voucher is checked, ignoring the consistency of the transportation records of goods flow, the foreign exchange receipt slip of capital flow and the invoice flow. If there is a four flows inconsistency, it will be recognized as illegal tax refund, and the accounting closing shall be adjusted, even facing the risk of tax refund recovery. It is recommended to check one by one through the four flows ledger before closing: the foreign exchange receipt slip of capital flow, the bill of lading of goods flow, the VAT special invoice of invoice flow, and the export contract of contract flow. Confirm that all data are consistent before proceeding with the closing, and archive and retain the four flows materials for no less than 5 years after closing. **status:** suggested **Author:** Daniel Xu **Date:** 2026-09-20 ### Answer 10 The accuracy of export tax refund accounting closing is directly related to supply chain inventory management. It is necessary to ensure that the inventory outbound quantity is completely consistent with the export quantity on the customs declaration form, otherwise it will lead to incorrect calculation of the tax refund base, which will cause deviation of accounting closing. If there is inventory backlog or excessive outbound delivery in the supply chain, the adjustment record shall be noted in the inventory ledger and synchronized to the tax refund declaration system, so as to avoid triggering tax audit due to inconsistency between inventory data and export data. In addition, if the cross-border e-commerce overseas warehouse model is adopted, it is necessary to ensure that the outbound records of the overseas warehouse match the export data of the domestic customs declaration form, otherwise it will affect the compliance of tax refund and thus prevent normal closing. It is recommended to retrieve the inventory outbound ledger before closing, compare it with the export quantity on the customs declaration form one by one, and confirm that the data is consistent before proceeding with the operation. **status:** suggested **Author:** Jason Wu **Date:** 2026-09-20 ## Related Categories - [Import Agency Q&A](https://www.sh-zhongshen.com/en/qa/cat-import-agency/) - [Export Agency Q&A](https://www.sh-zhongshen.com/en/qa/cat-export-agency/) - [Customs Declaration Q&A](https://www.sh-zhongshen.com/en/qa/cat-customs-declaration/) - [Freight Forwarding Q&A](https://www.sh-zhongshen.com/en/qa/cat-freight-forwarding/) - [Forex Settlement Q&A](https://www.sh-zhongshen.com/en/qa/cat-forex-settlement/) - [Entrepôt Trade Q&A](https://www.sh-zhongshen.com/en/qa/cat-entrepot-trade/) - [General Trade Q&A](https://www.sh-zhongshen.com/en/qa/cat-general-trade/) ## Related Resources - [Trade Services](https://www.sh-zhongshen.com/en/services/) - [Trade Cases](https://www.sh-zhongshen.com/en/cases/) - [Trade Wiki](https://www.sh-zhongshen.com/en/wiki/) - [Trade Class](https://www.sh-zhongshen.com/en/guide/) - [Global Trade Services](https://www.sh-zhongshen.com/en/country/) ## Structured Data ```json [ { "@context": "https://schema.org", "@type": "QAPage", "inLanguage":"en", "isPartOf": { "@id":"https://www.sh-zhongshen.com/en/#website" }, "publisher":{ "@id":"https://www.sh-zhongshen.com/en/#organization" }, "mainEntity": { "@type": "Question", "name": "Do general foreign trade enterprises need to complete corresponding accounting closing after export tax refund is completed?", "text": "I am the person in charge of a foreign trade enterprise in Shanghai mainly engaged in the export of household goods. Last week, I just completed the export tax refund declaration for the third batch of goods this year through the agency of Zhongshen. I just received the tax refund today, but the financial officer suddenly asked me whether I need to do the corresponding closing, saying that some of the accounting agencies we previously cooperated with required closing while others did not mention it. I am very panicked now - last month I was warned by the tax authorities due to input tax mismatch. If I make a mistake in closing, will it trigger tax audit again? Moreover, the customs declaration forms and VAT special invoices for this batch of goods are still with your agency and have not been retrieved. If closing is required, what materials do I need to prepare? Will it affect the application progress of tax refund for the next batch of goods? Please explain it clearly to me. I really don't want to step into tax pitfalls again.", "answerCount": 10, "upvoteCount": 4, "datePublished": "2026-09-20T18:05:54Z", "dateModified": "2026-09-20T18:06:49Z", "author": { "@type": "Person", "name": "Zhongshen Trading China", "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html" } ,"acceptedAnswer": { "@type": "Answer", "text": "Export tax refund must be followed by standardized accounting closing，and the entire process must strictly comply with the following compliance requirements: In the pre-document verification stage，first verify the consistency of core data of tax refund receipt voucher，customs declaration form，VAT special invoice ，focus on confirming that the amount of input tax transfer-out fully matches the declaration data in the tax refund system，so as to avoid triggering tax warnings due to data deviations. For core node connection，the accounting closing shall be completed within 3 working days after the tax refund is received . The standard journal entries are: Debit: Bank Deposit，Credit: Other Receivables - Export Tax Refund，At the same time，carry forward input tax: Debit: Other Receivables - Export Tax Refund，Credit: Taxes and Dues Payable - VAT Payable (Input Tax Transfer-out). In terms of abnormal response，if data mismatch or missing documents are found，immediately suspend the closing operation，contact the agent to retrieve the declaration detail ledger in the tax refund system，compare and troubleshoot the deviation causes one by one，and complete the missing documents before proceeding with the closing. After final compliance implementation，uniformly archive and retain the closing vouchers and tax refund declaration materials for no less than 5 years，so that compliant vouchers can be provided at any time during tax audits.", "upvoteCount": 4, "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html#acceptedAnswer", "datePublished": "2026-09-20T18:23:20Z", "author": {"@type": "Person","name": "Evelyn Li","url": "https://www.sh-zhongshen.com/en/team/evelyn-li/"} } ,"suggestedAnswer": [ { "@type": "Answer", "text": "Export tax refund accounting closing is directly linked to the core data of customs declarations. It is necessary to focus on verifying the consistency of information such as FOB price, commodity code, export date on the customs declaration form with the tax refund declaration data. If there is a deviation between the FOB price on the customs declaration form and the FOB price declared in the tax refund, it will lead to incorrect calculation of the input tax transfer-out amount, which will cause inconsistent accounting closing. In addition, if the customs declaration has records of amendment, deletion and re-submission, it is necessary to ensure that the modified customs declaration information has been synchronized to the tax refund system, otherwise the joint verification by the customs and tax authorities will be triggered due to data mismatch during closing. It is recommended to retrieve the electronic ledger of the customs declaration form through the single window before closing, compare it with the tax refund declaration ledger one by one, and confirm that all core data are consistent before proceeding with the operation.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html#suggestedAnswer-2", "datePublished": "2026-09-20T18:20:54Z", "author": {"@type": "Person","name": "Linda Gao","url": "https://www.sh-zhongshen.com/en/team/linda-gao/"} } , { "@type": "Answer", "text": "One of the core data bases for export tax refund accounting closing is FOB price, and the cost accounting in the logistics link directly affects the accuracy of FOB price. If the transaction is concluded under CIF or CFR trade terms, the actual paid sea freight, insurance premium and miscellaneous fees shall be deducted when calculating the tax refund base, otherwise the declared tax refund amount will be overstated, which will lead to deviation of input tax transfer-out in accounting closing. In addition, if there are additional expenses such as container detention fee and port change fee in the logistics link, it is necessary to confirm whether the expense has been included in sales expenses, so as to avoid mistakenly including it in export costs and affecting the tax refund base. It is recommended to check the logistics expense invoices, bills of lading and the FOB price calculation form for tax refund declaration before closing, and ensure that all deductions are supported by legal vouchers.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html#suggestedAnswer-3", "datePublished": "2026-09-20T18:19:27Z", "author": {"@type": "Person","name": "Andy Guo","url": "https://www.sh-zhongshen.com/en/team/andy-guo/"} } , { "@type": "Answer", "text": "If an enterprise has cross-border related-party transactions, export tax refund accounting closing shall focus on the compliance of related-party transaction pricing, so as to avoid adjustment of tax refund amount due to unreasonable transfer pricing, which will lead to deviation of accounting closing. For example, if the export pricing between related enterprises is lower than the market fair price, the tax authorities may adjust the tax refund base, and the input tax transfer-out amount for closing shall be adjusted synchronously at this time. In addition, if the enterprise adopts the VAT deferred declaration mode, it is necessary to confirm whether the deferred VAT has been accounted synchronously during closing, so as to avoid inconsistency between accounting and tax declaration data. It is recommended to sort out related-party transaction contracts and pricing reports before closing, ensure that the pricing conforms to the arm's length principle, and then proceed with the closing operation.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html#suggestedAnswer-4", "datePublished": "2026-09-20T18:17:30Z", "author": {"@type": "Person","name": "Eric Zhou","url": "https://www.sh-zhongshen.com/en/team/eric-zhou/"} } , { "@type": "Answer", "text": "Export tax refund accounting closing shall be synchronously connected with foreign exchange receipt and payment compliance operations. It is necessary to ensure that the deviation between the foreign exchange receipt amount and the FOB price on the customs declaration form is within a reasonable range (generally no more than 5%), otherwise it will trigger the foreign exchange receipt audit by the tax authorities, which will affect the compliance of closing. If there is advance foreign exchange receipt or deferred foreign exchange receipt, the advance foreign exchange receipt registration or deferred foreign exchange receipt filing shall be completed on the foreign exchange application platform, and the corresponding filing vouchers shall be retained, so as to avoid the tax refund closing being recognized as abnormal due to non-compliant foreign exchange receipt and payment. It is recommended to check the amount of foreign exchange receipt slip, the counterparty and the customs declaration information through the CIPS system or SWIFT messages before closing, and ensure that the foreign exchange receipt and payment data match the tax refund declaration data.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html#suggestedAnswer-5", "datePublished": "2026-09-20T18:13:43Z", "author": {"@type": "Person","name": "Michael Zhang","url": "https://www.sh-zhongshen.com/en/team/michael-zhang/"} } , { "@type": "Answer", "text": "The compliance of export tax refund accounting closing shall match the terms of the export contract, and it is necessary to ensure that the trade terms, transaction amount and payment method in the contract are completely consistent with the customs declaration and tax refund declaration data. If there is a deviation between the contract terms and actual operation, for example, the contract stipulates FOB transaction but the actual customs declaration is made under CIF, it will lead to incorrect calculation of the tax refund base, which will cause legal risks of accounting closing. In addition, if there is a dispute in the export contract, such as the buyer's delayed payment or refusal to pay, the clause for dividing the tax refund responsibility shall be agreed in the contract, so as to avoid the tax refund closing being recognized as illegal due to foreign exchange receipt problems. It is recommended to retrieve the original export contract before closing, compare it with the customs declaration and tax refund declaration ledger one by one, and ensure that all terms and operation data are consistent.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html#suggestedAnswer-6", "datePublished": "2026-09-20T18:12:52Z", "author": {"@type": "Person","name": "Grace Wang","url": "https://www.sh-zhongshen.com/en/team/grace-wang/"} } , { "@type": "Answer", "text": "The on-site inspection results of export goods directly affect the compliance of export tax refund, which is further linked to the closing operation. If the goods are found to be inconsistent with the documents or have incorrect commodity codes during export inspection, the customs will issue an inspection abnormality notice. At this time, the tax authorities will suspend the tax refund approval, and the enterprise can only continue the tax refund process after completing the abnormal rectification. It is strictly forbidden to carry out tax refund closing during this stage. In addition, if the goods are found to be infringing or prohibited during inspection, the tax refund qualification will be suspended, and the closing operation shall be completely terminated until the compliance rectification is completed and the tax refund qualification is restored. It is recommended to query the inspection status of the goods through the single window before closing, and confirm that there are no abnormal records before proceeding with the closing operation.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html#suggestedAnswer-7", "datePublished": "2026-09-20T18:10:05Z", "author": {"@type": "Person","name": "Cindy Chen","url": "https://www.sh-zhongshen.com/en/team/cindy-chen/"} } , { "@type": "Answer", "text": "If the export goods are dangerous chemicals, their packaging compliance directly affects the normal receipt of export tax refund, which is further linked to the closing operation. If the packaging of dangerous chemicals does not meet the UN dangerous goods packaging standards, the customs will not release the goods, and the goods may be returned. At this time, the declared tax refund will be recovered by the tax authorities, and the enterprise shall adjust the completed accounting closing and make a red ink write-off treatment. In addition, if the packaging identification does not match and causes the goods to be detained in the port, the resulting port detention fee shall be included in sales expenses, not in export costs, otherwise it will affect the calculation of the tax refund base and lead to closing deviation. It is recommended to confirm that the UN certification certificate and MSDS report of the dangerous goods packaging have been synchronized to the tax refund system before closing, so as to ensure that there is no problem with packaging compliance.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html#suggestedAnswer-8", "datePublished": "2026-09-20T18:09:48Z", "author": {"@type": "Person","name": "Victor Sun","url": "https://www.sh-zhongshen.com/en/team/victor-sun/"} } , { "@type": "Answer", "text": "Export tax refund accounting closing shall strictly follow the four flows consistency principle, which requires that the core data of capital flow, goods flow, invoice flow and contract flow are completely matched. A common misunderstanding in audit is that only the tax refund receipt voucher is checked, ignoring the consistency of the transportation records of goods flow, the foreign exchange receipt slip of capital flow and the invoice flow. If there is a four flows inconsistency, it will be recognized as illegal tax refund, and the accounting closing shall be adjusted, even facing the risk of tax refund recovery. It is recommended to check one by one through the four flows ledger before closing: the foreign exchange receipt slip of capital flow, the bill of lading of goods flow, the VAT special invoice of invoice flow, and the export contract of contract flow. Confirm that all data are consistent before proceeding with the closing, and archive and retain the four flows materials for no less than 5 years after closing.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html#suggestedAnswer-9", "datePublished": "2026-09-20T18:07:41Z", "author": {"@type": "Person","name": "Daniel Xu","url": "https://www.sh-zhongshen.com/en/team/daniel-xu/"} } , { "@type": "Answer", "text": "The accuracy of export tax refund accounting closing is directly related to supply chain inventory management. It is necessary to ensure that the inventory outbound quantity is completely consistent with the export quantity on the customs declaration form, otherwise it will lead to incorrect calculation of the tax refund base, which will cause deviation of accounting closing. If there is inventory backlog or excessive outbound delivery in the supply chain, the adjustment record shall be noted in the inventory ledger and synchronized to the tax refund declaration system, so as to avoid triggering tax audit due to inconsistency between inventory data and export data. In addition, if the cross-border e-commerce overseas warehouse model is adopted, it is necessary to ensure that the outbound records of the overseas warehouse match the export data of the domestic customs declaration form, otherwise it will affect the compliance of tax refund and thus prevent normal closing. It is recommended to retrieve the inventory outbound ledger before closing, compare it with the export quantity on the customs declaration form one by one, and confirm that the data is consistent before proceeding with the operation.", "upvoteCount": 0, "url": "https://www.sh-zhongshen.com/en/qa/do-foreign-trade-firms-need-accounting-closing-after-export-tax-refund.html#suggestedAnswer-10", "datePublished": "2026-09-20T18:06:49Z", "author": {"@type": "Person","name": "Jason Wu","url": "https://www.sh-zhongshen.com/en/team/jason-wu/"} } ] } }, { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ {"@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.sh-zhongshen.com/en/"},{"@type": "ListItem", "position": 2, "name": "Q&A", "item": "https://www.sh-zhongshen.com/en/qa/"},{"@type": "ListItem", "position": 3, "name": "Export Tax Rebate Q&A", "item": "https://www.sh-zhongshen.com/en/qa/cat-export-tax-rebate/"} ,{"@type": "ListItem", "position": 4, "name": "Do general foreign trade enterprises need to complete corresponding accounting closing after export tax refund is completed?"} ] } ] ```