Fixed assets are amortized at one time, and the amortization period of fixed assets is stipulated

There are five ways to do this.

1. Straight-line method: the cost allocation structure determined according to the wear and tear state of the fixed asset throughout its service life.

The formula is calculated: Annual depreciation rate = (1 minus estimated net residual value rate) divided by expected useful life multiplied by 100%.

Monthly depreciation amount = original price of fixed assets multiplied by annual depreciation rate divided by 12.

Borrow: administrative expenses, selling expenses, manufacturing expenses.

Credit: Accumulated depreciation.

2. Workload method: also known as variable cost method, is a method of calculating depreciation according to the actual workload.

The formula is calculated as depreciation per unit of effort = original price of fixed assets 1 minus estimated net salvage rate) divided by estimated total effort.

Monthly depreciation of a fixed asset = Monthly workload of the fixed asset multiplied by depreciation per unit of effort.

Borrow: administrative expenses, selling expenses, manufacturing expenses.

Credit: Accumulated depreciation.

3. Double declining balance method.

The formula is calculated: annual depreciation rate = 2 divided by the depreciation period multiplied by 100%.

Monthly depreciation rate = annual depreciation rate divided by 12.

Monthly depreciation amount = net book value of fixed assets multiplied by monthly depreciation rate.

Borrow: administrative expenses, selling expenses, manufacturing expenses.

Credit: Accumulated depreciation.

Fourth, the sum of years method.

The formula is calculated as follows: Annual depreciation rate = Remaining useful life divided by the sum of the number of years of expected useful life multiplied by 100%.

Monthly depreciation amount = (original value of fixed assets minus estimated net residual value) multiplied by annual depreciation rate of 12.

Borrow: administrative expenses, selling expenses, manufacturing expenses.

Credit: Accumulated depreciation.

Fixed assets are not amortized, but depreciated. As for amortization, intangible assets have a cumulative amortization; Low-value consumables have an amortization of low-value consumables.

The depreciation expense of fixed assets should be included in which accounting account depends on which department uses it. If it is used for office, it should be included in the management expenses, if it is used by the sales department, it should be included in the sales expenses, and if it is used in the workshop production, it should be included in the manufacturing expenses.

As for the amount that should be counted, it relates to the depreciation period and the depreciation method.

If the accounting entries are to be made using the example you provide, it should be:

Borrow: Manage Sales Manufacturing Expenses 999

Credit: Accumulated depreciation 999

This value is low, and it goes directly into the management fee.

Borrow: Administrative Fee 999

Credit: Cash on hand 999

Not more than 5 million, but it still cannot be amortized at one time. The amount that can be amortized at one time cannot exceed 1 million.

Borrow: fixed assets mobile phone yuan.

Credit: cash dollars.

First, the front. The provisions on the amortization period of fixed assets are:

1. Houses and buildings, 20 years;

2. 10 years for aircraft, trains, ships, machines, machinery and other production equipment;

3. Appliances, tools, furniture, etc. related to production and business activities, for 5 years;

4. Electronic equipment, 3 years.

2. Analysis. Amortization refers to the accounting treatment of the annual apportionment of the acquisition cost of operating assets that can be used for a long time according to their useful life, in addition to fixed assets, which is similar to the depreciation of fixed assets. Amortization expense was included in administrative expenses to reduce current profit, but had no impact on operating cash flow.

3. What are the provisions of the amortization tax law?

The preparatory expenses of the enterprise shall be amortized in installments from the month following the month in which the production and operation begins, and the amortization period shall not be less than 5 years. Land use rights should be amortized separately as intangible assets. The amortization period of intangible assets shall be amortized according to the term specified in the contract if there is a term in the contract, and amortized over a period of not less than 10 years if there is no provision in the contract.

1. For fixed fixed assets with a unit value of no more than 5,000 yuan held by enterprises in all industries, it is allowed to be included in the current cost and expense at one time and deducted in the calculation of taxable income, and depreciation will no longer be calculated on an annual basis.

2. For all industry enterprises newly purchased after January 1, 2014 for research and development, equipment, unit value does not exceed 1 million yuan, allowed to be included in the current cost and expenses in a lump sum deduction in the calculation of taxable income, no longer calculate depreciation on an annual basis;

If the unit value exceeds 1 million yuan, the depreciation period can be shortened or accelerated depreciation can be adopted.

Fixed assets are depreciated in accordance with regulations, not amortized. One-time and installments are available for low-value consumables. Fixed assets are the basic elements engaged in production and business activities, and their physical form will gradually wear out in the process of use, and eventually be scrapped due to wear to a certain extent or because of technological progress and other reasons.

However, the value form of fixed assets will be gradually transferred to the cost with the production and operation process, and will be compensated through a certain form of value.

Only in this way can social reproduction be sustained. Compensation for the value of fixed assets is usually made in the form of depreciation. Because fixed assets are tangible assets with a certain unit value and service life above a certain period of time, their physical form can play a role in a relatively long period of time, and correspondingly their value form can also be compensated in this relatively long period.

Or in layman's terms, the investment cost of fixed assets is compensated by recovering it year by year, and this way of recovery is depreciation. The depreciation of fixed assets is to ensure that the fixed assets are renewed in physical form within a certain period of time; Compensated in the form of value (money).

One-time amortization of fixed assets.

It's a one-time entry cost.

The one-time entry cost of fixed assets is conditional, and the implementation period of "newly purchased equipment and appliances for beam erection from January 1, 2018 to December 31, 2020" has passed.

Cai Shui 2018 No. 54.

Fixed assets are not amortized, but depreciated, and the tax law allows fixed assets (except houses and buildings) to be included in the current cost and deducted in the calculation of taxable income at one time, and depreciation is no longer calculated on an annual basis; However, the accounting meets the definition of fixed balance assets, and should also be included in fixed assets and depreciation should be accrued in installments.

Debit: Fixed Assets, Debit: Tax Payable - VAT Payable - Input Tax, Credit: Accounts Payable, etc., Debit: Administrative Expenses - Depreciation Expenses Depreciation Amount in Installments, Debit: Manufacturing Expenses - Depreciation Expenses, etc., Credit: Accumulated Depreciation.

Legal analysis: 1. For fixed assets with a unit value of no more than 5,000 yuan held by enterprises in all industries, it is allowed to be included in the current cost and expense at one time and deducted in the calculation of taxable income, and depreciation will no longer be calculated on an annual basis.

2. For all industry enterprises newly purchased after January 1, 2014 for research and development, equipment, unit value does not exceed 1 million yuan, allowed to be included in the current cost and expenses in a lump sum deduction in the calculation of taxable income, no longer calculate depreciation on an annual basis;

If the unit value exceeds 1 million yuan, the depreciation period can be shortened or the method of accelerated depreciation can be adopted.

Legal basis: Civil Code of the People's Republic of China

Article 209 The creation, alteration, transfer and extinction of real estate rights shall take effect upon registration in accordance with law; Without registration, it shall not take effect, unless otherwise provided by law. The ownership of natural resources that belong to the State in accordance with the law may not be registered.

Article 210 The registration of immovable property shall be handled by the registration authority where the immovable property is located. The State implements a unified registration system for immovable property. The scope of unified registration, registration bodies, and registration methods shall be prescribed by laws and administrative regulations.

Article 214 Where the creation, alteration, transfer or extinction of real estate rights shall be registered in accordance with the provisions of law, they shall take effect when they are recorded in the real estate register.