What subjects are entrusted loans placed in?

Ordinary production enterprises cannot entrust financial institutions with loans.

General enterprises have short-term investment subjects to account for foreign investment, but generally they buy stocks and bonds.

Only investment enterprises, guarantee companies or finance companies can entrust bank loans.

Such companies can set up long-term (or short-term) entrusted loan subjects and calculate the loan principal.

Under the new standard, which subject should entrusted loans be classified into?

1. The entrusting party reflects the entrusted loan in the items of "other current assets", "non-current assets due within one year" and "other non-current assets" respectively according to the maturity date. Interest income is regarded as other business income, and the corresponding business tax is regarded as business tax and surcharge.

2. The borrower's handling method is the same as that of ordinary loans, showing short-term loans, long-term loans due within one year or long-term loans. Interest expenses are capitalized or expensed according to the provisions of the borrowing cost standard.

How to present entrusted loans

How to calculate and list entrusted loans

According to the general principles of loans, non-financial enterprises are not allowed to borrow directly, so some enterprises turn to entrusted loans. This kind of business is often encountered in the annual report audit of state-owned enterprises. The following cases are for your reference, and you are welcome to discuss and correct them so that * * * can make progress together.

1. Case: A state-owned enterprise A Group Co., Ltd. (hereinafter referred to as Company A) implements the accounting standards for business enterprises and entrusts a bank to issue entrusted loans to its subsidiary B and state-owned enterprise C, which is supervised by SASAC. Enterprise accountants ask auditors how to calculate and present entrusted loans.

Second, analysis:

(1) Accounting:

Accounting Standards for Business Enterprises Loan 1303: 1. This course accounts for all kinds of customer loans issued by enterprises (banks) according to regulations, including mortgage loans, secured loans and credit loans. Syndicated loans, trade financing, agreed overdrafts, credit card overdrafts, sub-loans and advances issued by enterprises (banks) according to regulations are accounted for in this account; You can also set up syndicated loans, trade financing, agreed overdraft, credit card overdraft, refinancing, prepayment and other subjects separately.

Enterprise (insurance) policyholders can change this subject to "1303 policyholders". For enterprises (pawn) and mortgage loans, the subjects can be changed to "1303" and "1305 mortgage loans". Enterprises entrust banks or other financial institutions to lend to other units, and this course can be changed to "1303 entrusted loans".

(2) Statement:

Article 12 of Accounting Standards for Enterprises No.30-Presentation of Financial Statements "Assets and liabilities shall be listed as current assets and non-current assets, current liabilities and non-current liabilities respectively." Thirteenth "assets that meet one of the following conditions shall be classified as current assets:

(1) It is expected to be realized, sold or consumed in a normal business cycle.

(2) It is mainly held for trading purposes.

(3) It is expected to be realized within one year (including one year, the same below) from the balance sheet date.

(4) Cash or cash equivalents with unlimited ability to exchange other assets or pay off liabilities within one year from the balance sheet date. "

Article 14 "Assets other than current assets shall be classified as non-current assets and listed according to their nature."

Article 16 of Accounting Standards for Business Enterprises No.65438 +04- Income "The income from transferring the right to use assets includes interest income, royalty income, etc." Article 17 "The income from transferring the right to use assets can only be recognized when the following conditions are met at the same time: (1) The relevant economic benefits are likely to flow into the enterprise; (2) The amount of income can be measured reliably. " Article 18 "An enterprise shall determine the amount of income from the transfer of the right to use assets under the following circumstances: (1) The amount of interest income shall be calculated and determined according to the time when others use the monetary funds of the enterprise and the actual interest rate."

Article 15 of Accounting Standards for Enterprises No.33-Consolidated Financial Statements "The consolidated balance sheet shall be based on the balance sheets of the parent company and its subsidiaries, and shall be prepared by the parent company after offsetting the influence of internal transactions between the parent company and its subsidiaries on the consolidated balance sheet. (2) The creditor's rights and debts between the parent company, subsidiaries and subsidiaries offset each other, and at the same time offset the bad debt provision for receivables and the impairment provision for bond investment. "

Article 19 "The consolidated income statement shall be based on the income statements of the parent company and its subsidiaries, and shall be prepared by the parent company after offsetting the influence of internal transactions between the parent company and its subsidiaries on the consolidated income statement. (5) The impact of other internal transactions between the parent company and its subsidiaries and subsidiaries on the consolidated income statement will be offset. "

Article 24 "The consolidated cash flow statement shall be based on the cash flow statements of the parent company and its subsidiaries, and shall be prepared by the parent company after offsetting the influence of internal transactions between the parent company and its subsidiaries on the consolidated cash flow statement."

Article 25 "The preparation of consolidated cash flow statement shall meet the following requirements:

(2) Cash received by the parent company, subsidiaries and subsidiaries shall be offset against cash paid for dividend distribution, profit or interest repayment.

(three) the cash flow generated by the repayment of creditor's rights and debts between the parent company and its subsidiaries shall offset each other. "

Three. Handling suggestions:

(1) accounting: entrusted loans can be accounted in the account "1303 entrusted loans". Individual enterprises will entrust loans in ......

What subjects does the entrusted loan include?

Hello, Mr. Zou from accounting school will answer your questions.

Generally, it is the credit included in the financial expenses-interest income.

Welcome to call my name-ask all the teachers in the accounting school.

What is the concept of entrusted loan?

Entrusted loan is an intermediary business of banks.

That is, A gives money to B, floating. One way is that A entrusts a bank to lend money, and the bank looks for B, and the bank collects intermediary business fees and account management fees. A gets higher interest than the bank, and B gets money.

The other is that AB entrusts the bank to become an intermediary to legalize the loan, and the bank charges a handling fee, and A gets the agreed interest and B gets the money.

Accounting treatment of entrusted loans

Previously, enterprises could account for entrusted loans by setting up the first-level account of entrusted loans and three detailed accounts of principal, interest and impairment reserve. However, in the new accounting standards for business enterprises implemented in 2007, the entrusted loan account was cancelled, and the accounting standards for business enterprises issued by the Ministry of Finance and the accounting standards for business enterprises were explained on 20 10. However, it is stipulated in the appendix of "Guidelines for the Application of Accounting Standards for Enterprises-Accounting Subjects and Treatment of Major Accounts" that the subject of "1303 loan" can be changed to the subject of "1303 entrusted loan". This shows that the entrusted loans of enterprises should be accounted for separately, rather than transferred to the subject of "held-to-maturity investment". Interest income generated by entrusted loans cannot be included in investment income, but should generally be included in other business income. This is because the entrusted loan is no longer defined as "investment" under the new accounting standards, so its interest income cannot be reported as "investment income". On the other hand, the interest income from entrusted loans conforms to the definition and definition of "income from the transfer of asset use rights" in Accounting Standards for Enterprises No.65438 +04- Income. Therefore, it falls within the scope of Accounting Standards for Enterprises No.65438 +04- Income. Because entrusted loans are not the main business for most general non-financial enterprises, the interest income of entrusted loans should be reported as "other business income" in the income statement. Accordingly, the business taxes and surcharges paid in accordance with the provisions of the tax law are listed as "business taxes and surcharges" in the income statement. Take the simplest example: On June 2007, Company A entrusted the bank to issue a loan of 5 million yuan, and paid the bank fee of 1 80,000 yuan when issuing the entrusted loan. The bank will lend this 5 million yuan to enterprise B, paying interest quarterly. Term of entrusted loan 1 year, with annual interest rate of 6%. Then the accounting treatment of Company A is as follows: 1. Remittance deposit and related handling fee: entrusted loan 5 million financial fee-handling fee180 thousand loan: bank deposit 5180 thousand 02. At the end of each month, the accrued interest of the enterprise: interest receivable 25. 0003. At the end of each quarter, the bank recovered the loan interest from enterprise B (5,000,000× 6% ÷ 4 = 75,000) and withheld and remitted the business tax (75,000× 5% = 3,750) in accordance with the relevant provisions of the business tax and its implementing rules. At the same time, the bank has to pay interest to Company A, which is the amount after deducting business tax (75000-3750 = 7 1.250). After the interest is recovered, Company A shall make corresponding accounting treatment according to the relevant withholding tax notice and relevant original vouchers transferred by the bank. Borrowing: business tax and additional 3,750 loans: tax payable-business tax payable 3,750 loans: bank deposit 765,438+0,250 tax payable-business tax payable 3,750 loans: interest receivable 750,005. When the loan principal is recovered, borrow: 5000 yuan from the bank.

How to set the following subjects for entrusted loans?

Entrusted loan refers to the money that enterprises entrust financial institutions to lend to other units according to regulations. current

Accounting treatment of entrusted loans

According to the provisions of the Accounting Standards for Business Enterprises (2006 Edition) Application Guide on relevant subjects and accounting treatment, the following accounting treatment is carried out. Generally speaking, entrusted loan refers to the money that an enterprise entrusts a bank or other financial institution to lend to other units. Enterprises that issue entrusted loans account for entrusted loans through "1303 entrusted loans". On the balance sheet date, the interest receivable determined according to the contract principal and contract interest rate of the loan shall be debited to the account of "interest receivable", and the interest income determined according to the amortized cost of the loan and the actual interest rate shall be credited to the account of "interest income" (the enterprise has not set the undergraduate purpose, so it is replaced by other business income), and the account shall be debited or credited according to the difference (interest adjustment). If the contract interest rate is not much different from the actual interest rate, you can also use the contract interest rate to calculate and determine the interest income. When the loan is recovered, the subjects such as "deposit absorption" and "money deposited in the central bank" are debited according to the amount returned by the customer, and the subjects such as "interest receivable" are credited according to the recovered interest amount, and the subjects such as "interest income" are credited according to the returned loan principal. If there is any interest adjustment balance, it should also be carried forward at the same time. Setting of the detailed account of entrusted loan: entrusted loan-principal-interest adjustment-impairment (the ending balance of the "entrusted loan" account is the debit balance, reflecting the amortized cost of the loan that the enterprise has issued but has not recovered according to the regulations). 2. Tax treatment of entrusted loans: 1. The business tax and its surcharges are withheld and remitted by the entrusted lending bank: Notes on Business Tax Items (Trial Draft) (Guo Shui Fa [1993] 149) and Provisional Regulations on Business Tax (the State Council DecreeNo. 1993No. 65438+). Where a financial institution is entrusted to issue loans, the financial institution entrusted to issue loans shall be the withholding agent. The Notice of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Levying Business Tax on Loan Business (Guo Shui Fa [2002]13) also stipulates: "The time when financial enterprises undertake the obligation of withholding business tax on entrusted loan business is the day when financial institutions entrusted to issue loans receive the interest on entrusted loans." I made a detailed explanation from two aspects: accounting treatment of entrusted loans and tax treatment of entrusted loans. You got it? Finally, we must pay attention to the term of the entrusted loan, which is determined by the principal according to the borrower's loan purpose, repayment ability or the specific situation of the entrusted loan.

The difference between entrusted loan and short-term bond investment, can entrusted loan be regarded as short-term investment?

There are two kinds of handling opinions:

Entrusted loan refers to the loan provided by the principal, issued, supervised and recovered by the financial enterprise (trustee) according to the loan object, amount, purpose, term and interest rate determined by the principal, and the risk is borne by the principal.

Viewpoint (1) is dominant.

First, the new guidelines for handling entrusted loans.

According to the "Accounting Treatment of the Connection between the Old and New Accounting Standards" issued by the Ministry of Finance, the new standard does not set up the "entrusted loan" subject. During reconciliation, the balance of "entrusted loan-principal and interest" should be transferred to "held-to-maturity investment-investment cost and accrued interest" respectively. If the impairment reserve has been withdrawn, the corresponding amount of impairment reserve will be transferred from the relevant account to the account of "impairment reserve for held-to-maturity investment". This practice needs further discussion.

For the classification of financial assets, there is a prominent highlight in the new standard, which is to reflect the intention of managers. If managers hold financial assets for short-term profit and want to include changes in the fair value of a financial asset in current profits and losses, they are classified as trading financial assets; Financial assets with fixed maturity date and fixed or determinable recovery amount can be classified as held-to-maturity investments; If the manager's holding intention is not clear (neither short-term sale nor maturity), it may be classified as available-for-sale financial assets. Therefore, it cannot be considered that financial assets must be transactional financial assets or available financial assets, because the classification must depend on the intention of the manager.

The main difference between financial assets classified as loans and receivables and financial assets classified as held-to-maturity investments is that the former is not a financial asset quoted in an active market and is not subject to more restrictions on sale or reclassification like held-to-maturity investments. If there is no quotation for debt instrument investment in an active market, enterprises cannot classify it as held-to-maturity investment.

According to the appendix subjects and accounting treatment of the new Accounting Standards for Enterprises-Application Guide, it is stipulated in the accounting description of the subject "1303 loan" that the subject of "1303 loan" should be changed to the subject of "1303 entrusted loan" for the money entrusted by enterprises to banks or other financial institutions to other units. This shows that the entrusted loans of enterprises should be accounted for separately, rather than transferred to the subject of "held-to-maturity investment".

1. Questions about entrusted loan subjects:

There is a "1303 loan" subject in the application guide of the new accounting standards for enterprises, which accounts for all kinds of customer loans issued by enterprises (banks) according to regulations; When an enterprise entrusts banks and other financial institutions to lend to other units, it can change the subject to "1303 entrusted loan" to account for the entrusted loan business of non-financial enterprises. In other words, entrusted loan accounts can be set up.

2. Entrusted loans are listed in the statement:

In view of the fact that entrusted loans are not listed separately in general accounting statements, and the new accounting standards application guidelines (draft for comments) classify entrusted loans as held-to-maturity investments, it is suggested that held-to-maturity investments be listed in accounting statements.

3. Entrusted loan accounting

Entrusted loan consists of principal, accrued interest and impairment reserve details.

Accrued interest time

Borrow: entrusted loan-accrued interest

Loan: investment income

Needless to say, the accounting entries of loan lending, interest collection, principal recovery and impairment.

4. Interest income shall be subject to 5% business tax.

Borrow: investment income

Loan: taxes payable-business tax 5. In addition, if the actual loan amount and the actual interest rate are different from the contract amount and interest rate, the calculation of amortized cost and interest adjustment will be more troublesome, so it is suggested to keep the same in practice, and such problems will not occur.

Details can also be entered into hi.baidu/...6..

Viewpoint (2)

1. Questions about entrusted loan subjects:

new ......

What account does the entrusted loan belong to?

Entrusted loan refers to the loan business in which the principal provides funds from legal sources, and the entrusted bank issues, supervises the use and assists in the recovery according to the loan object, purpose, amount, term and interest rate determined by the principal. Customers include departments, enterprises, institutions and individuals.

Application conditions

The principal and the borrower shall be enterprises (institutions), other economic organizations, individual industrial and commercial households or natural persons with full civil capacity approved and registered by the administrative department for industry and commerce (or the competent authority); A settlement account has been opened in a commercial bank; The source of entrusted funds must be legal and have independent control; To bid for entrusted loans, you must bear the loan risks alone; Pay taxes according to the relevant requirements of the State Local Taxation Bureau, and cooperate with the trustee to collect and remit taxes; Meet other requirements of commercial banks.

Why does the company entrust loans? You will know after reading it!

In modern society, many enterprises entrust banks to issue loans, which can revitalize idle funds within enterprises and help increase extra income. So why does the company entrust loans? What are the benefits of this?

1. Why don't companies lend to each other?

According to the relevant laws and regulations, Paragraph 3 of Article 7 of the General Rules for Loans issued by the People's Bank of China stipulates that funds cannot be transferred between accounts of different legal entities without actual trade background.

Therefore, if enterprises need to borrow from each other before, they can entrust commercial banks to issue loans, pay handling fees and related taxes and fees, and earn interest income. The interest rate can be determined through consultation, but it cannot exceed the loan interest rate and floating interest rate for the same period.

Second, why should the company entrust loans?

The operating conditions of different small and medium-sized enterprises in China are different. Some enterprises often face problems such as poor management, insufficient liquidity and risks. In addition, some enterprises need funds to buy equipment and venues to expand production. In addition, some enterprises have abundant funds and no big plans in the short term, and those investment projects with high expected returns are too risky. It is best to choose the form of entrusted loan, which not only improves the utilization rate of funds, but also increases the expected income of the quota. This is a way to kill two birds with one stone.

1, safe. As the third party of entrusted loans, banks will control them.

2. Deduction. For entrusted loans, tax returns can be made according to the actual interest rate of the loans, and the tax will be more favorable.

In fact, not only enterprises, but also banks can increase some income for themselves through matchmaking, which is also a better business.

How to deal with accounting and taxation in entrusted loans?

According to the provisions of the Accounting Standards for Business Enterprises (2006 Edition) Application Guide on relevant subjects and accounting treatment, the following accounting treatment is carried out. Generally speaking, entrusted loan refers to the money that an enterprise entrusts a bank or other financial institution to lend to other units. Enterprises that issue entrusted loans account for entrusted loans through "1303 entrusted loans".

Accounting treatment: "Accounting System for Enterprises" stipulates: "The entrusted loans of enterprises shall be accounted as short-term investments, and interest shall be accrued on schedule. However, if the interest receivable has not been recovered due, the interest shall be stopped and the confirmed interest income shall be transferred back, and the transferred interest amount shall be registered in the memorandum book.

In the future, when the interest of interest income has been recovered, the principal of the entrusted loan will be deducted; Only when the principal can be recovered can the investment income of the entrusted loan be confirmed. At the end of the period, the enterprise entrusted loans shall be provided with corresponding impairment reserves according to the asset impairment requirements. According to the provisions of the new accounting standards, enterprises can set up "entrusted loans" and "entrusted loan loss reserve" subjects. Specific accounting treatment is as follows:

(1) When the entrusted bank issues loans, it borrows: entrusted loans-principal, and loans: bank deposits.

(2) When interest is accrued, debit: entrusted loan-interest, and credit: investment income-entrusted loan interest income.

(3) Interest received from bank loans (after deducting relevant taxes and fees): bank deposits, loans: entrusted loans-interest.

(4) When the principal and interest are recovered at maturity, they are borrowed from: bank deposits, loans: entrusted loans-principal investment income-entrusted loan interest income.

(5) Withdraw the entrusted loan loss reserve, borrowing: investment income-entrusted loan loss reserve, and lending: entrusted loan loss reserve.

The difference between entrusted loans and long-term receivables

Long-term receivables are neither current assets nor fixed assets, belonging to illiquid assets. Long-term receivables mainly refer to the accounts receivable by enterprises through financial leasing, as well as the accounts receivable due to business activities such as selling goods and providing services. These accounts are deferred in order, but in essence they are financing.

Enterprises actually constitute the net long-term interests of investment companies through the accounting of "long-term receivables", and they also need to pass the accounting of "long-term receivables". Long-term receivables can be accounted for in detail according to the debtor. Reflect the long-term receivables that the enterprise has not recovered.

Long-term receivables include receivables formed through financial leasing, installment sales, franchising, long-term foreign investment and entrusted loans.

Many companies realize sales through leasing. For companies that sell by installment, long-term receivables are generally too large. In order to achieve sales, some enterprises use their own leasing companies or third-party leasing companies to make up the difference, or use repurchase agreements for the final buyers. Although sales revenue is finally realized through long-term receivables, it may also form liabilities. If the business form deteriorates, the buyer cannot pay the installment lease, the enterprise will make up the difference or buy back, and the cash liquidity of the enterprise will become worse.

Difference:

(1) The nature of funds is different.

Entrusted loans only change the form in the use of funds. The funds allocated by the entrusting unit were changed to loans from financial trust institutions, and the loan relationship between the entrusting party and users became the credit relationship between financial trust institutions and beneficiaries, but this did not change the original nature of funds. Trust loans are trust deposits and some self-owned funds absorbed by financial trust institutions. On the premise of ensuring that the beneficiaries can get their due income, it has the general characteristics of bank loans to independently choose projects and objects to issue loans, which has substantially changed the nature and use of the original funds.

(2) The impact on the credit plan is different.

Because entrusted loans are entrusted by financial trust institutions, and the use of entrusted funds is mostly one-off, it has little impact on the comprehensive credit plan and the degree of credit scale expansion is also small. The form of trust loan is the repeated cycle of lending and recovery, and the funds are constantly used in turn, which has a great influence on the credit scale and credit plan.

(3) Different management methods.

Generally speaking, the state is lax in the management of entrusted loans and strict in the management of trust loans.

(4) The specific business needs are different.

When handling entrusted loan business, financial trust institutions mainly issue loans according to the purpose and object of funds designated by the entrusting unit, supervise the use of funds, and be responsible for the repayment of loans when they are due, but not for the borrower's failure to repay loans when they are due. The issuance and recovery of trust loans are handled independently by financial trust institutions, so they must bear the risks and economic losses of loans themselves.

Conditions for handling entrusted loans from corporate customers

1. Commercial application:

(1) The principal of the entrusted loan is an enterprise or institution as a legal person approved and registered by the administrative department for industry and commerce (or the competent authority).

(2) Companies that handle domestic entrusted foreign exchange loans must be enterprises listed in the Directory of Transnational Corporations approved by the State Administration of Foreign Exchange.

(3) The borrower in the entrusted loan can only be determined by the principal in writing, and shall not be designated by a third party other than the principal.

2. Compliance requirements:

(1) The source and use of clients' funds must comply with the Law on Commercial Banks, the General Rules on Loans and the relevant provisions of the State Administration of Foreign Exchange, and they must operate with their own RMB funds or their own foreign exchange funds.

(2) Foreign exchange entrusted loan funds shall adhere to the principle of full receipt and full payment, and shall not be deducted, written off, settled, used for settlement or pledged for RMB loans.

(3) Entrusted foreign exchange loans are limited to the investment and financial management mode of mutual borrowing of foreign exchange funds between domestic member companies of multinational corporations (overseas business will not be carried out for the time being), and are carried out in the form of entrusted loans in accordance with the provisions of the General Principles of Loans.

(4) The entrusted loan funds shall not be used for loans and guarantees to others, for projects that are restricted or prohibited by the state to support or repeat construction, for equity investment, or for securities and futures speculation.

(5) A listed company shall not violate the provisions of the Notice on Guarantee of Listed Companies on the qualifications of principals, and a listed company shall not provide funds to its controlling shareholders and other related parties through loans entrusted by banks and non-bank financial institutions.

The above contents are for your reference. Please refer to the actual business regulations.

This is the end point for investment companies to introduce entrusted loans, and it is also a question of whether the entrusted loans of investment companies are effective. I wonder if you have found the information you need?