1. If the donor provides relevant vouchers, the amount indicated on the vouchers plus the relevant taxes payable shall be taken as the entry value.
2. If the donor can't provide relevant vouchers, the recorded value shall be determined in turn.
The new accounting standards stipulate that the value of donated assets accepted by enterprises should be directly included in "non-operating income" as "donation income".
(1) Accepting monetary funds;
Debit: bank deposit/cash on hand.
Loan: non-operating income-donation income
② Non-monetary funds are accepted and recorded at fair value.
Borrow: raw materials/goods in stock/fixed assets/intangible assets
Loan: non-operating income-donation income
Two. Accounting entries of fixed assets donated by public institutions:
The accounting entries of fixed assets to be installed by public institutions are as follows
Borrow: Construction in progress.
Loan: non-current assets fund-construction in progress
At the same time, according to the relevant taxes and fees incurred in the process of accepting fixed assets by public institutions.
Borrow: Other expenses.
Loans: bank deposits, etc.
Fixed assets are transferred to fixed assets after installation.
Borrow: fixed assets
Loan: non-current assets fund-fixed assets
At the same time,
Borrow: non-current assets fund-construction in progress
Loan: Construction in progress.
Third, provide tax invoices to donors.
Debit: bank deposit/cash on hand.
Loan: capital reserve-accepting cash donations
Taxes payable-business tax
Extended data:
Ordinary invoices and special invoices for value-added tax.
Ordinary invoice: it is mainly used by business tax taxpayers and small-scale VAT taxpayers. Ordinary VAT taxpayers can also use ordinary invoices when they cannot issue special invoices. Ordinary invoices consist of industry invoices and special invoices.
The former is applicable to a certain industry and business, such as commercial retail unified invoice, commercial wholesale unified invoice, industrial enterprise product sales unified invoice, etc. The latter is only applicable to a certain business project, such as advertising fee settlement invoice, commercial housing sales invoice, etc.
Special invoices for value-added tax are the product of China's new tax system. It is an invoice set by the national tax department according to the needs of value-added tax collection and management, which is specially used for taxpayers to sell or provide value-added tax taxable items.
Special invoice not only has the connotation of ordinary invoice. At the same time, it also has a more special role than ordinary invoices. It is not only a financial income and expenditure voucher to record commodity sales and value-added tax. Moreover, it is a legal certificate that both the seller's tax obligation and the buyer's input tax amount are recorded, and it is a legal certificate that the buyer deducts taxes, which plays a key role in the calculation of value-added tax.
References:
Baidu Encyclopedia-Accounting Entry