Whether uncollectible accounts receivable can be deducted before tax

Unrecoverable accounts receivable can be deducted before enterprise income tax after explaining the situation and issuing a special report.

According to Article 23 of the "Measures for the Administration of Pre-tax Deduction of Income Tax on Enterprise Asset Losses", if the receivables of an enterprise that have been overdue for more than three years have been treated as losses in accounting, they can be regarded as bad debt losses, but the situation should be explained and a special report should be issued.

Article 24 If an enterprise is overdue for more than one year, and the single amount does not exceed 50,000 yuan or does not exceed 1/10,000 of the total annual income of the enterprise, and it has already been treated as a loss in accounting, it may be regarded as a bad debt loss, but the situation should be explained and a special report should be issued.

1. Unrecoverable accounts receivable can be deducted before tax after explaining the situation and issuing a special report. According to Article 23 of Announcement No. 25 of 2011 of the State Administration of Taxation, "if the receivables of an enterprise that are overdue for more than three years have been treated as losses in accounting, they can be treated as bad debt losses, but the situation shall be explained and a special report shall be issued." Article 24 If an enterprise is overdue for more than one year, and the single amount does not exceed 50,000 yuan or does not exceed 1/10,000 of the total annual income of the enterprise, and it has already been treated as a loss in accounting, it may be regarded as a bad debt loss, but the situation should be explained and a special report should be issued.

The special report issued by the enterprise shall include the collection negotiation record and other materials for recovery from the other party.

1) Contracts, agreements or explanations of relevant matters;

2) If it belongs to the bankruptcy liquidation of the debtor, there shall be a bankruptcy and liquidation announcement from the people's court;

3) If it is a litigation case, a judgment or award of a people's court or an arbitration document of an arbitration institution shall be issued, or a legal document that has been ruled by the court to terminate (suspend) enforcement;

4) If the debtor ceases business, there shall be a certificate of cancellation or revocation of the business license by the industrial and commercial department;

5) If the debtor is dead or missing, there shall be a certificate of death or disappearance of the debtor by the public security organs and other relevant departments;

6) In the case of debt restructuring, there shall be a debt restructuring agreement and a description of the tax payment of the debtor's restructuring proceeds;

7) If it is a force majeure such as a natural disaster or war and cannot be recovered, there shall be a description of the debtor's disaster and a statement of waiver of creditor's rights.

Article 23: If the receivables of an enterprise that have been overdue for more than three years have been treated as losses in accounting, they may be treated as bad debt losses, but they should explain the situation and issue a special report.

Article 24 If an enterprise is overdue for more than one year, and the single amount does not exceed 50,000 yuan or does not exceed 1/10,000 of the total annual income of the enterprise, and it has already been treated as a loss in accounting, it may be regarded as a bad debt loss, but the situation should be explained and a special report should be issued.

Second, accounting processing:

1. When accruing bad debts.

Borrow: Asset impairment loss.

Credit: provision for bad debts.

2. In the event of bad debts.

Debit: provision for bad debts.

Credit: Accounts receivable.

3. When recovering bad debts.

Debit: Accounts receivable.

Credit: provision for bad debts.

Meantime. Borrow: Bank deposit.

Credit: provision for bad debts.

This is not what you want to do, you have to take the relevant information to the tax bureau for appraisal in order to do it.

Unrecoverable accounts receivable can be deducted as asset losses before enterprise income tax.

However, the tax law requirements for loss of assets must be met. See the attachment for details.

Legal analysis: if the receivables of the enterprise that are overdue for 3 years have a record of the enterprise's collection consultation in accordance with the law, and can confirm that there has been no business transactions within 3 years, the balance after deducting the various payments payable to the debtor and the compensation of the relevant responsible personnel has been treated as a loss in accounting, it can be regarded as a bad debt loss, but the situation should be explained and a special report should be issued.

Legal basis: Article 4 of the Notice of the Ministry of Finance on Establishing and Improving the Management System for Enterprise Receivables stipulates that on the basis of inventory and verification, enterprises that establish a management system for the write-off of bad debts shall return all kinds of receivables that cannot be recovered as bad debt losses, and deal with them in a timely manner. if it belongs to the period of quiet operation of production, it shall be regarded as profit or loss for the current period; If it is during the liquidation period, it shall be regarded as liquidation profit or loss.

After the bad debt loss is handled, it shall be reported to the in-charge tax authorities in accordance with the relevant laws and regulations of the tax law, and the accounting shall be carried out in accordance with the methods of the accounting system and regulations.

Other receivables cannot be recoveredAccounting treatment: pro You can try this: 1. When making provision for bad debts:

Credit: asset impairment loss, Credit: bad debt provision.

2. In the event of bad debt losses, debit: bad debt provision, credit: accounts receivable.

Another way is to directly include other accounts receivable that cannot be collected into the non-operating expense account, and its entries are: debit: non-operating expenses, credit: accounts receivable.

Hello, how to deal with unrecoverable accounts receivable accrued bad debt losses, there are two ways to deal with accounting, one is the direct resale method, and the other is the allowance method. Due to some deficiencies in the direct resale method, China's enterprise accounting system stipulates that no enterprise is allowed to use the direct resale method to account for bad debt losses. Therefore, at present, the accounting treatment of bad debt losses by enterprises is mainly based on the allowance method.

For accounts receivable that cannot be recovered, if no provision for bad debts has been made in the previous period, the provision for bad debts shall be made in full; If the provision for bad debts has been partially made in the previous period, the provision for bad debts shall be made in full: borrow: asset impairment loss credit:

If the bad debt provision is determined to be truly unrecoverable at the end of the year, it shall be subject to the appropriate approval process: borrow: bad debt provision credit:

Accounts receivable.

There are two aspects to deal with, accounting and taxation.

1. Bad debt losses handled by the allowance method.

1) Accounting treatment.

Daily provision for bad debts.

Borrow: Asset impairment loss.

or credit impairment losses.

credit, provision for bad debts.

In the event of a bad debt loss.

borrow, provision for bad debts.

credit, accounts receivable.

2) Income tax treatment.

When making provision for bad debts, fill in the 105,000 tax adjustment schedule, asset reserve items, and increase the adjustment of the taxable income of the enterprise.

When a bad debt loss occurs, there are two different situations.

When the court ruling is obtained, the other party enterprise of the industrial and commercial authority is deregistered.

Fill in the 105090 asset loss adjustment schedule to adjust and reduce the taxable income of enterprise income tax.

If you do not obtain supporting materials, you do not need to fill in the 105090 asset loss adjustment schedule.

2. There is no provision method.

1) Accounting treatment.

Bad debt losses are directly included in non-operating expenses.

Borrow, non-operating expenses.

credit, accounts receivable.

2) Enterprise income tax collection and treatment.

If the court ruling and other supporting materials are obtained, fill in the 105090 asset tax adjustment schedule, but there is no adjustment to the taxable income of the enterprise income tax.

If the enterprise fails to obtain the court ruling and other supporting materials, it shall fill in the 105090 asset loss adjustment schedule and adjust and increase the taxable income of the enterprise income tax.

3. It should be noted that it should be noted.

For the accounts receivable that have been written off, the accounts shall be written off and managed in the case, and the recovery of part of the money in the future shall be well documented.

The treatment of uncollectible accounts receivable is basically to accrue bad debts and write off the accounts receivable from the provision for bad debts.

Forfeited financial losses are not deductible before tax. At the same time, fines, fines, sponsorship expenses, tax late fees, corporate income taxes, dividends and bonuses paid to investors and other equity investment income payments are not allowed to be deducted, as well as unapproved reserve expenses.

Article 10 of the Enterprise Income Tax Law.

In calculating the taxable income, the following expenses are not deductible from the sale of rubber:

1) Dividends, bonuses and other equity investment income paid to investors;

2) Enterprise income tax;

3) Tax Late Fees;

4) Fines, fines and losses of confiscated property;

5) Donation expenditures other than those provided for in Article 9 of this Law;

6) Sponsorship expenditures;

7) Unapproved reserve expenditures;

8) Other expenses unrelated to the acquisition of income.