Group 1 - The article discusses the process of adjusting the invoice quota for taxpayers during the VAT declaration period, highlighting the importance of understanding how to utilize the available quota effectively [3][5][6] - Taxpayers can apply for a temporary adjustment of their invoice quota through the electronic tax bureau if their current quota does not meet their invoicing needs [3][5] - The article outlines the steps for applying for an adjustment, including logging into the electronic tax bureau, navigating to the invoice adjustment section, and submitting the necessary documentation [5][6][7] Group 2 - The article emphasizes the significance of completing VAT declarations before utilizing the remaining invoice quota from the previous month [3][5] - It provides detailed instructions on how to submit an adjustment request, including filling out required fields and uploading supporting documents [6][7] - The article mentions the possibility of withdrawing an application if needed and checking the status of the application through the electronic tax bureau [6][7]

Core Viewpoint - The article emphasizes the importance of maintaining proper accounting records for businesses, particularly in the hospitality sector, to ensure compliance with tax regulations and foster long-term trust with customers [8]. Group 1: Accounting Practices - Businesses are required to keep accounting records, including ledgers and tax-related documents, for a minimum of 10 years as per the tax regulations in China [8]. - Properly maintained accounting records not only ensure compliance but also reflect the integrity and reliability of the business, which is crucial for long-term development [8]. Group 2: Invoice Management - There are four methods for dynamically determining the total invoice quota for taxpayers: monthly adjustments, temporary adjustments, periodic adjustments, and manual adjustments [13]. - Monthly adjustments involve automatic updates to the invoice quota at the beginning of each month based on the taxpayer's usage [13]. - Temporary adjustments can occur when a taxpayer with good credit reaches a certain percentage of their quota, triggering an automatic increase [13]. - Periodic adjustments are made based on the taxpayer's actual business performance and previous usage [14]. - Manual adjustments can be requested by taxpayers when their business circumstances change, subject to approval from tax authorities [15]. Group 3: Tax Exemptions and Special Invoices - Small-scale taxpayers with monthly revenues below 100,000 can opt to issue special invoices by waiving their tax exemption on that portion of sales [19]. - For example, a small-scale taxpayer can choose to issue a special invoice for a portion of their sales while maintaining tax exemptions on the remaining sales [19].