First, the demolition (relocation) behavior directly implemented by * * * shall be compensated by * * *;
Borrow: fixed assets
Taxes payable-VAT payable-input tax
Loans: bank deposits
Second, the demolition of non-* * behavior.
For non-* *-led compensation for demolition, the following accounting treatment can be carried out.
Non-dominant relocation compensation, as the income from the transfer of intangible assets and related fixed assets by enterprises, is included in the current profit and loss after deducting the book value of assets cleaned or scrapped and other expenses incurred due to relocation. However, if there is evidence that the amount of demolition compensation received is obviously higher than the sum of the fair value of the scrapped fixed assets and the relevant demolition (relocation) expenses, the difference between the fair value of the assets and the original book value can be included in the current profit and loss, and the significant difference exceeding the fair value can be recorded as the donation given by other enterprises related to the purchase and construction of new assets as "capital reserve-accepting donations".
Q: About the accounting treatment of financial allocation to purchase fixed assets:
1. Received financial allocation, borrowed bank deposits and borrowed investment funds-financial allocation 2. Buy fixed assets, borrow fixed assets -XXX borrow bank deposits.
* * * How to deal with the compensation for demolition? According to the Notice of the Ministry of Finance on Financial Handling of Relocation Compensation for Enterprises (Caiqi [2005] 123):
First, the relocation compensation paid by the enterprise shall be accounted as special accounts payable. The interest of the demolition compensation deposit should be transferred to special accounts payable.
2. Losses or expenses incurred by enterprises in the process of relocation and transformation shall be handled according to the following information in the archives of the Ministry of Finance: (1) Fixed assets sold, scrapped or damaged due to relocation shall be accounted for as fixed assets clearing business, and their net losses shall be written off as special payables; (2) The expenses incurred in disassembly, transportation, reinstallation and debugging of machinery and equipment shall be directly written off as special payables; (three) the loss of land use rights originally listed as assets due to the relocation of enterprises shall be directly written off as special payables; (four) the expenses for the placement of employees shall be directly written off as special payables.
3. After the relocation of the enterprise, the balance of special payables, if any, will be included in the capital reserve, and the increased capital reserve will be enjoyed by all shareholders. If the special payable is insufficient, it shall be included in the current profit and loss. The total amount of relocation compensation received by the enterprise and the amount included in the capital reserve fund or current profit and loss after relocation shall be disclosed separately.
How to deal with the fixed assets purchase subsidy received by enterprises? This is a capital-related subsidy:
When receiving the subsidy: Lend the bank deposit to deferred revenue and confirm the income according to the depreciation ratio of fixed assets.
Borrow: deferred revenue loan; Non-operating income
Our company buys fixed assets with relocation compensation. How to deal with the accounts? Can I get into the investment theme? Ask a master for advice? Demolition compensation can be divided into two categories according to the actor: one is the demolition (relocation) behavior directly implemented by * * *, which is compensated by * * *; Second, the demolition of non-* * behavior.
For non-* *-led compensation for demolition, the following accounting treatment can be carried out. Non-dominant relocation compensation, as the income from the transfer of intangible assets and related fixed assets by enterprises, is included in the current profit and loss after deducting the book value of assets cleaned or scrapped and other expenses incurred due to relocation. However, if there is evidence that the amount of demolition compensation received is obviously higher than the sum of the fair value of the scrapped fixed assets and the relevant demolition (relocation) expenses, the difference between the fair value of the assets and the original book value can be included in the current profit and loss, and the significant difference exceeding the fair value can be recorded as the donation given by other enterprises related to the purchase and construction of new assets as "capital reserve-accepting donations".
It is ok for your company to follow normal accounting principles when rebuilding factories and purchasing fixed assets.
Accounting treatment of demolition compensation 1. Get compensation * * *
Debit: bank deposit
Loan: special payable-* * * compensation for demolition
Second, the fixed assets relocation costs (machinery and equipment maintenance, freight, labor costs, etc.). )
Borrow: Professional Payables-* * * Relocation Compensation
Loans: bank deposits
Third, the purchase of new houses and the transformation of production lines
1. Borrow: professional payables-* * * relocation compensation.
Loans: bank deposits
2. Borrow: fixed assets-houses
Loan: special payable-* * * compensation for demolition
3. Borrow: fixed assets-production line
Loan: special payable-* * * compensation for demolition
Four. Dispose of the balance of special accounts payable (if there is insufficient special accounts payable/refers to the debit balance/), it will be included in the current profit and loss)
Borrow: non-operating expenses
Loan: special payable-* * * compensation for demolition
Five, such as the occurrence of special payable-x x relocation compensation balance, included in the enterprise tax payable.
The accounting treatment for paying enterprise income tax after 5 years is as follows:
Debit: non-operating income
Loan: special payable-* * * compensation for demolition
Borrow; income tax
Loan: taxes payable-enterprise income tax payable.
Whether the purchase of fixed assets affects the profits of enterprises other than administrative institutions.
Buying fixed assets does not affect profits.
Depreciation of fixed assets has a certain impact on profits.
How to calculate the conversion of self-use products into fixed assets? Borrow: Taxes payable on fixed assets-VAT payable on fixed assets-fixed production input tax credit: Taxes payable on finished products-VAT payable (output tax) A: When self-produced finished products outside the scope of VAT deduction are used for fixed assets, they should be regarded as sales, and the input tax incurred can be deducted normally. In areas where the scope of VAT deduction is expanded, the self-produced finished products are used for fixed assets, which are no longer regarded as non-taxable assets management, so the self-produced finished products here are used for fixed assets. The accounting process directly debits the construction in progress (fixed assets) and credits the finished products.
How to deal with the accounts of major repairs of fixed assets? Accounting Letter [2008] No.60 stipulates that the follow-up expenses such as major repair of fixed assets can be included in the cost of fixed assets if they meet the capitalization conditions; Those that do not meet the capitalization conditions are included in the current profits and losses.