The amortization of financing expenses in the second year is not recognized

The formula for calculating the amortization of unrecognized financing expenses:

Amortization of unrecognized financing expenses = Principal balance payable at the beginning Effective interest rate = (Balance of long-term payables at the beginning of the period - Balance of unrecognized financing charges at the beginning of the period) Effective interest rate.

Unrecognized financing costs should be apportioned over each period of the lease term. The lessee shall use the effective interest rate method to calculate and recognize the financing costs for the current period. The accounting entries are:

Borrow: Finance Expenses.

Credit: Financing charges are not recognized.

Unrecognized Financing Charges are the Minimum Lease Payment - the present value of the Minimum Lease Payment.

Financing charges are not recognized"The account reflects the unrealized financing expenses incurred in financing leased assets (such as fixed assets and intangible assets) or long-term borrowings that should be amortized during the lease period. It can also be regarded as the interest that the lessee must pay to the lessor for the purpose of financing, because the financial lease itself contains the purpose of financing. 2. What happens to unrecognized financing charges?

The unrecognized financing expense account reflects the unrealized financing expenses incurred by financing leased assets (such as fixed assets and intangible assets) or long-term borrowings that should be amortized during the lease period. It can also be regarded as the interest that the lessee must pay to the lessor for the purpose of financing, because the financial lease itself contains the purpose of financing.

In the new guidelines,"Financing charges are not recognized"Account number 2802, the nature of the account is liabilities, which is used as a deduction item for long-term payables in the preparation of financial statements, that is, in the balance sheet"Long-term payables"The project to:"Long-term payables"Account Balance Minus"Financing charges are not recognized"Account balances and long-term payables due within one year are filled.

The above details how to calculate the amortization of unrecognized financing expenses, and also accepted, what is going on with unrecognized financing expenses. As a financial officer of an organization, it is important to be very clear that the calculation method of amortization of unrecognized financing expenses is as shown in this article.

December 31, 2011.

Unrecognized financing expense that should be amortized.

If there is no payment in each period, it is a one-time payment due in the first installment.

Amortization = (Long-term payables.

Balance - Unrecognized Financing Expense + Previous Period Amortization) 10% If there are payments in each period, the amount of each period will be deducted.

The words of the text are not clear, you look at the calculation process and understand it well, if you want to complete the calculation process, I will write it to you.

Financing charges are not recognized

The amortization amount is calculated as the amortization amount of unrecognized financing expenses = the opening principal balance payable multiplied by the effective interest rate.

Opening long-term payables balance - opening unrecognized financing charge balance) multiplied by the effective interest rate.

Unrecognized financing expense accounts reflect financing leased assets or long-term borrowings.

The unrealized financing costs incurred should be amortized among the various periods of the lease term. The main contents are:

1. This account accounts for the unrecognized financing expenses that should be included in interest expenses in installments;

2. This subject shall be accounted for in detail according to the unrecognized financing expense items;

3. The main accounting treatment of unrecognized financing expenses.

If the purchase of assets by an enterprise that exceeds the normal credit terms and defers the payment of the price, which is essentially of a financing nature, it shall debit the "fixed assets" according to the present value of the purchase price.

Construction in Progress" and other accounts, according to the amount payable, the "long-term payable" account is credited, and the difference is debited to this account.

If the purchase price of a fixed asset is deferred beyond the normal credit terms and is essentially of a financing nature (usually more than 3 years), the cost of the fixed asset is determined on the basis of the present value of the purchase price. The difference between the price actually paid and the present value of the purchase price shall be amortized using the effective interest rate method during the credit period, and the amortized amount shall be recognized as a financial expense during the credit period, except that the capitalization conditions of borrowing costs shall be included in the cost of fixed assets.

Included in profit or loss for the current period.

Accounting treatment to be carried out by the lessee on the lease commencement date under the conditions of the financial lease. On the lease commencement date, the financial lease assets of the enterprise exceed the total assets of the enterprise.

30%, the lessee should usually pay the original book value of the leased asset on the lease commencement date.

The lesser of the present value of the minimum lease payment is recorded as the recorded value of the leased asset, the minimum lease payment is recorded as the recorded value of the long-term payable, and the difference is recorded as an unrecognized financing charge.

Financing charges are not recognizedIt is calculated as follows:

Unrecognized financing faux shirt expense = operating income - operating expenses.

Depreciation of productive fixed assets - production tax + net income from rental housing, net income from leasing other assets and net rent converted from self-owned housing, etc. Net property income does not include premium income from the transfer of ownership of assets.

Disposable income per capita.

Real growth rate = (per capita disposable income in the reporting period per capita disposable income in the base period) Household consumption ** index.

The role of unrecognized financing charges:

1. According to the company's strategic planning, determine the sales target and budget.

2. Formulate sales plans and corresponding sales strategies according to sales targets and budgets.

4. Decompose the company's overall sales target and budget and then formulate personal sales indicators for sales personnel.

5. Sales staff make their own sales plans according to their own goals, budgets and the company's sales strategy.

6. Evaluate the effectiveness of the sales plan and the performance of the sales staff.

Formula calculation comprehension:

The unrecognized financing expense account is a deduction account for long-term payables, just as accumulated depreciation is a deduction account for fixed assets.

For example: the effective interest rate is 10% 10 installments 900,000 per installment, and the original entry is:

Borrow: Construction in progress 5 530 140

Unrecognized financing charges 3 469 860

Credit: Long-term payables 9,000,000

When the first period is calculated:

The first period of recognized financing costs = the book balance of long-term accounts payable minus the amount of the deduction account, which is equivalent to the book value shown in the balance sheet, which is also equivalent to the principal of the loan, which is 9000000-3469860 = 5530140 yuan, multiplied by the effective interest rate of 10% = (9000000-3469860) * 10% = 553014 yuan, this part is the realized financing expenses, which is equivalent to interest expenses, and the 900,000 yuan returned in each period. After deducting the interest expense, the rest is regarded as the return of the principal, and the principal is only returned, and the accounting treatment of Company A on June 30, 207 is as follows

Debit: Finance costs 553 014

Credit: Unrecognized financing charges 553 014

Debit: 900 000 long-term payables

Credit: bank deposits 900 000

The above does not recognize the financing charge on the credit side, which amounts to an increase in the carrying amount of long-term payables.

Therefore, the book value of long-term payables at the end of the first period = 9000000-3469860 + 553014-900000 =

$5,183, which is the principal amount for calculating the finance cost for the second installment. No, the initial book value of long-term accounts payable is 5530140, and now it is deducted every period until it reaches 0It is equivalent to the return of the principal.

That is, in the balance sheet, the "long-term payables" item is filled in as the balance of the "long-term payables" account minus the balance of the "unrecognized financing expenses" account and the amount of long-term payables due within one year.

Major accounting treatment of unrecognized financing charges.

1) If an enterprise purchases relevant assets that exceed the normal credit terms and are of a financing nature, it shall debit the accounts of "fixed assets", "projects under construction", "intangible assets" and "R&D expenditures" according to the present value of the purchase price, credit the "long-term payables" account according to the amount payable, and debit this account according to the difference.

The interest expense for the current period is calculated and determined by the effective interest rate method, and the accounts of "financial expenses", "construction in progress" and "R&D expenditure" are debited and credited.

2) On the commencement date of the lease term, the fixed assets leased by the enterprise shall be debited to the account of "construction in progress" or "fixed assets" according to the amount that should be included in the cost of fixed assets (the lower of the fair value of the leased assets and the present value of the minimum lease payment on the lease commencement date, plus the initial direct expenses), the "long-term payables" account shall be credited according to the minimum lease payment, and the account shall be debited according to the difference between the initial direct expenses incurred.

The formula for calculating the amortization of unrecognized financing expenses is as follows: amortization of unrecognized financing expenses = effective interest rate payable at the beginning of the principal balance = (balance of long-term payables at the beginning of the period - balance of unrecognized financing costs at the beginning of the period) effective interest rate. The unrecognized financing expense account reflects the unrealized financing expenses incurred by the financial lease assets or long-term loans, which need to be amortized by Yunweitan during each period of the lease term.

Accounting for amortization of intangible assets.

1.Amortization time: Businesses need to amortize intangible assets on a monthly basis. Amortization of intangible assets with a limited useful life, calculated from the date of availability (i.e., to achieve the intended use of the mountain zone), does not need to be amortized in the current month;

2.Within the scope of amortization, intangible assets with a limited useful life need to be amortized;

3.Intangible assets with an uncertain useful life do not need to be amortized, but they need to make an impairment provision;

4.The amortization of intangible assets for self-use of enterprises is included in management expenses;

5.Amortization of lease intangible assets to other operating expenses;

6.The economic benefits of intangible assets are based on products or other assets, and amortization is included in the cost of the underlying asset.

Unrecognized financing expenses are unrealized financing expenses incurred by financing leased fixed assets that should be amortized during each period of the lease term. What is the formula that can be used to calculate unrecognized financing charges?

The formula for calculating the amortization of unrecognized financing expenses.

The unrecognized financing expense account reflects the unrealized financing expenses incurred by financing leased assets (such as fixed assets and intangible assets) or long-term borrowings that should be amortized during each period of the lease term.

Amortization of unrecognized financing charges for each period (opening balance of long-term payables Opening balance of unrecognized financing charges) Effective interest rate.

What is an Unrecognized Financing Charge?

Unrecognized financing costs generally refer to the financing costs incurred due to the insufficient existing funds of the enterprise and the choice to pay in installments when purchasing assets, resulting in the actual payment being greater than the purchase value of the assets, and the difference between the two is the financing cost arising from the deferred payment. Since this cost is incurred throughout the payment period, it is apportioned over the entire period at a reasonable apportionment rate.

What are long-term payables?

Long-term payables refer to all kinds of long-term payables other than long-term borrowings and bonds payable, including lease fees payable for financial leased fixed assets, payables for the purchase of fixed assets by installments, etc.

The meaning of fixed assets to bury blocks.

Fixed assets refer to non-monetary assets held by enterprises for the purpose of producing products, providing labor services, leasing or operation and management, which have been used for more than 12 months and whose value has reached a certain standard, including houses, buildings, machines, machinery, means of transportation and other equipment, appliances and tools related to production and business activities.

The concept of intangible assets.

Intangible assets are identifiable non-monetary assets that do not have a physical form. Intangible assets are divided into broad and narrow senses, and intangible assets in the broad sense include financial assets, long-term equity investments, patent rights, trademark rights, etc., because they do not have a material entity, but are manifested as some legal rights or technologies. However, intangible assets are usually understood in a narrow sense in accounting, i.e., patent rights, trademark rights, etc. are referred to as intangible assets.

The unrecognized financing expenses reflect the unrealized financing expenses incurred by financing leased assets (such as fixed assets and intangible assets) or long-term borrowings that should be amortized during each period of the lease term, which is the allocation of interest expenses that should be borne by financing during the lease period.

Long-term payables reflect the sum of principal and interest, and the unrecognized financing cost is the interest, so the principal is obtained after subtracting the two, so the principal at the beginning of the period is obtained by using the long-term payables at the beginning of the period - the unrecognized financing expense at the beginning of the period, so the interest expense that should be recognized in the current period is obtained by using the effective interest rate of the principal at the beginning of the period, that is, the unrecognized financing expense that should be amortized in the current period.

Main Accounting Processing:

1) The fixed assets leased by the enterprise for financial purposes shall, on the commencement date of the lease term, be included in the cost of fixed assets (whichever is lower of the fair value of the leased assets and the present value of the minimum lease payment on the lease commencement date, plus the initial direct expenses, debit: construction in progress or fixed assets account, according to the minimum lease payment, credit: long-term payables account, according to the initial direct expenses incurred, credit:

Bank deposits and other accounts shall be debited according to the difference.

The effective interest rate method is used to amortize the unrecognized financing expenses in installments, and borrow: financial expenses, construction in progress and other accounts, and credit: this account.

2) If the purchase of relevant assets exceeds the normal credit terms and the payment of the price is deferred, and in essence it is of a financing nature, it shall be debited according to the present value of the purchase price: fixed assets, projects in progress and other accounts, the amount to be paid, and the long-term accounts payable shall be debited according to the difference

This subject. The effective interest rate method is used to amortize the unrecognized financing expenses in installments, and borrow: construction in progress, financial expenses and other accounts, and credit: this account.