What is deferred income? Deferred earnings are commonly understood

Deferred income refers to the income or income that has yet to be recognized, which can also be said to be the income that has not been recognized for the time being, which is the application of the accrual system in the recognition of income. Compared with the international accounting standards, the scope of application of deferred income in China's accounting standards and the "Accounting System for Business Enterprises" is very limited, which is mainly reflected in the relevant content of the lease standard and the income standard.

The embodiment and application of deferred income in the accounting of leasing business.

In the Accounting Standards for Business Enterprises --- Leasing" issued and implemented by the Ministry of Finance in 2001, the lessor added a deferred income --- unrealized financing income account to the accounting, which accounts for the total amount of financing income receivable generated by the financial leasing business of the enterprise but has not yet been received. The application of this subject is mainly reflected in the following aspects:

1.Recognition of unrealized financing gains. When leasing assets, the lessor shall recognize the unrealized financing income and record it in the account of deferred income --- unrealized financing income. The formula for calculating unrealized financing gains is:

Unrealized financing proceeds = (minimum lease receipts + unsecured residual value) - (present value of minimum lease receipts + present value of unsecured residual value).

Its accounting treatment is as follows: debit the financial lease receivable account, credit the financial lease assets account and the unrealized financing income account --- deferred income.

2.Distribution of unrealized financing proceeds. According to the provisions of the Accounting Standards for Business Enterprises, the unrealized financing income shall be distributed in each period of the lease period and recognized as the financing income of each period.

When the lessor receives the rent in each period, the bank deposit account shall be debited and the financial lease receivable account shall be credited according to the amount of rent received. At the same time, according to the amount of financing income that should be recognized in the current period, the deferred income --- unrealized financing income accounts are debited, and the main business income --- financing income accounts are credited.

3.Recognition and recovery of unsecured residual value losses. At the end of the period, if the estimated recoverable amount of the lessor's unsecured residual value is lower than its carrying amount, the difference shall be recognized as a loss for the current period, debited to the account of deferred income --- unrealized financing income, and credited to the account of unsecured residual value.

If the recognized unsecured residual value loss is recovered, it should be reversed within the original recognized loss amount, the unsecured residual value account should be debited, and the deferred proceeds --- unrealized financing gains account should be credited.

4.Accounting treatment of the lessee in the sale-leaseback business. In the sale-leaseback business, the lessee should set up deferred income --- unrealized sale-leaseback gains and losses (finance lease) accounts to account for the difference between the selling price and the carrying amount of the asset in the sale-leaseback transaction.

When the leased assets are higher than the book value of the assets**, the bank deposit account is debited, and the accounts such as fixed assets disposal, main business income, deferred income--- unrealized sale-leaseback profit and loss (financial lease) are credited; When the leased assets are lower than the book value of the assets**, bank deposits, deferred income--- unrealized gains and losses from sale and leaseback (financial leases) and other accounts are debited, and fixed assets disposal, main business income and other accounts are credited.

Deferred income: Revenue or gain that has yet to be recognized.

Deferred income refers to the revenue or income that has yet to be recognized by the enterprise, that is, the income that has not been recognized for the time being, including the labor income and unrealized financing income that have yet to be recognizedIt is recognized as income or income in subsequent periods, which is deferred in nature, and the "deferred income" account is set up in this accounting for accounting.

The payment received in advance from the purchasing unit or the receiving labor service unit in accordance with the provisions of the contract is generally recognized as income at one time when the goods are sent or the services are provided, and there is no deferred nature.

Both deferred income and advance receivables are of a pre-received nature, but the former needs to be deferred and the latter are not, so they are accounted for through different accounts.

It is worth mentioning that when the starting point of the apportionment of deferred income is "the relevant asset is available for use", the end point of the apportionment of deferred income is "when the asset reaches the end of its useful life or the asset is disposed of", and the relevant asset is disposed of (**, scrapped, transferred, etc.) at the end of its useful life or before the end, and the deferred income that has not yet been amortized shall be transferred to the income of the current period of asset disposal in a lump sum and will not be deferred.

Deferred Fuel Earnings Gain Popularly Understood:

Deferred income refers to the income to be recognized or the income of the duanxiao, which can also be said to be the income that has not been recognized for the time being, which is the application of the accrual system in the recognition of income. Compared with the International Accounting Standards, the scope of application of deferred income in the Chinese Accounting Standards and the Accounting System for Business Enterprises is very limited, which is mainly reflected in the relevant content of the Lease Standard and the ** Subsidy Standard.

Main accounting treatment of deferred income:

1) The ** subsidy related to assets of the enterprise shall be debited to "other receivables", "bank deposits", "xx assets" or other asset class accounts according to the amount receivable or received, and this account shall be credited. When deferred earnings are allocated over the useful life of the relevant asset, this account is debited and the "other income" account is credited, and when the asset is disposed of, the balance of the deferred income account corresponding to the asset is transferred to the asset disposal income (non-operating income) account.

2) ** subsidy related to income, according to the amount receivable or received, debit "other receivables", "bank deposits" and other accounts, and credit this account.

When the relevant expenses are recognized in subsequent periods, this account is debited and the "non-operating income" account is credited according to the amount to be compensated; If it is used to compensate for the expenses or losses related to the manuscript, this account shall be debited and the accounts such as "non-operating income" and "management expenses" shall be credited.

3) When returning the ** subsidy, according to the amount to be returned, this account, the "non-operating expenses" account, and the "bank deposits", "other payables" and other accounts will be credited.

Deferred income refers to revenue or earnings that have yet to be recognized, or can be said to be income that has not been recognized for the time being. Compared with the International Accounting Standards, the scope of application of deferred income is very limited in the Chinese Accounting Standards and the Accounting System for Business Enterprises, which is mainly reflected in the relevant content of the lease standard and the income standard.

Deferred income refers to the income or income to be recognized by the enterprise, that is, the income that has not been recognized temporarily, including the labor income and unrealized financing income that has yet to be recognized, etc., which is recognized as income or income in installments in the following period, with a deferred nature, and the "deferred income" account is set up in the accounting for accounting.

Deferred income is an account in the nature of internal liabilities, and detailed accounts should be set up according to their contents for detailed accounting. Deferred income is converted into income or income in installments when providing services to the outside world, that is, deferred income generally needs to be reasonably apportioned in the future period.

It can be seen from the relevant contents of the accounting system for enterprises that deferred income and advance accounts receivable are generally converted into income and recognized when goods or services are sent to the other party in the future, so they are transitional accounts. Deferred income is converted into income or income in installments when providing services to the outside world, that is, deferred income generally needs to be reasonably apportioned in the future period.