After the depreciation of fixed assets has been completed, it is still being used, how to calculate

1.If depreciation is accrued for fixed assets.

After it has been completed, it can continue to be registered in the fixed asset ledger, and the value at the time of registration: the original value of the fixed asset.

Accumulated depreciation, net value, etc., are registered like other fixed assets for which depreciation has not been fully accrued, but depreciation cannot be accrued.

This fixed asset is also recorded in the financial statements.

in the opening balance of fixed assets.

2.If it is still used in production and operation, the maintenance and repair costs incurred can be reimbursed.

3.Accounting entries for the final scrapping to be cleaned up.

Borrow: Disposal of fixed assets.

xx assets (net book value).

Debit: Depreciation (accrued accumulated depreciation).

Credit: Fixed assets (original book value).

According to the Notice on Issues Concerning the Convergence of Several Tax Matters of Enterprise Income Tax (Guo Shui Han 2009 No. 98), the depreciation of fixed assets that have been put into use before the implementation of the new tax law shall not be adjusted according to the estimated net residual value and accrued by the enterprise in accordance with the provisions of the original tax law. After the implementation of the new tax law, the residual value of such fixed assets that continue to be used can be redetermined, and the balance of which has not yet been depreciated shall be calculated according to the depreciation method prescribed by the new tax law according to the depreciation period after deducting the years for which depreciation has been accrued. After the implementation of the new tax law, the depreciation period of fixed assets can also continue if it does not violate the principles stipulated in the new tax law.

5.When ready to clean up:

Borrow: Disposal of fixed assets.

Borrow: Accumulated depreciation.

Credit: Fixed assets incurred.

Cleanup Fees:

Borrow: Disposal of fixed assets.

Credit: cash on hand bank deposits.

When you receive the sale income:

Borrow: cash in hand bank deposits.

Credit: Disposal of fixed assets.

At the end of the month, the profit or loss on the disposal of the fixed assets is carried forward, and the difference is included in the "non-operating income".

or "Non-operating expenses, so that the balance of the Fixed Assets Disposal account is 0."

For fixed assets that have been depreciated but are still in use, they do not need to be accounted for, and they can be hung on the account;

It will be cleaned up when it is scrapped, and the entries are as follows:

1.Transfer a retired fixed asset to liquidation:

Debit: Accumulated depreciation of fixed asset disposal (if you have already provided for depreciation, the calculation here should be the net residual value). Credit: Fixed Assets.

2.Scrapped Fixed Asset Residues**Revenue:

Borrow: Bank deposit.

Credit: Disposal of fixed assets.

3.Paid for the clean-up.

Borrow: Disposal of fixed assets.

Credit: Bank deposits.

4.If the scrapped fixed assets are carried forward, the net loss (the difference between the residual material income and the disposal cost) is borrowed: non-operating expenses - net loss on disposal of fixed assets.

Credit: Disposal of fixed assets.

5.If the carry-forward of scrapped fixed assets is the net loss (the difference between the disposal cost of the residual material income) debit: fixed asset disposal.

Credit: Non-operating income – net gain on disposal of fixed assets.

Note: If it is ** immovable property, it is necessary to submit business tax entries:

Borrow: Disposal of fixed assets.

Credit: Tax Payable - Business Tax Payable.

The fixed assets are cleared and recorded in the accounts after going through the company's prescribed procedures.

Generally, it can be dealt with in three ways: continued use, valuation**, and asset disposal.

The depreciation of fixed assets refers to "the conversion of fixed assets according to the approved asset depreciation rate in order to make up for the loss of fixed assets", which mainly reflects the value transfer of fixed assets in production. Generally, depreciated assets can be treated as follows.

1. After depreciation, it can continue to be used.

2. Make a price to other enterprises and individuals.

3. Liquidation of fixed assets that are completely unusable.

If the depreciation of fixed assets is completed and continues to be used, there is no need to do any treatment in accounting.

According to the accounting standards, the fixed assets that have been fully depreciated and are still in use will no longer be depreciated in the accounts, nor will any other treatment be made. When the fixed asset is scrapped or disposed of, it will be transferred to the fixed asset disposal together with the accumulated depreciation.

Book transfer out of fixed assets:

Borrow: Disposal of fixed assets.

Accumulated depreciation. Credit: Fixed Assets.

After receiving the money.

Borrow: Bank deposits (cash on hand).

Credit: Disposal of fixed assets.

Carry-forward net proceeds.

Borrow: Disposal of fixed assets.

Credit: Non-operating income.

Depreciation range. Fixed assets for which depreciation is accrued.

1) Housing buildings;

2) Machinery and equipment, instrumentation, transportation vehicles, tools and appliances in use;

3) Seasonal out-of-service and repair out-of-service equipment;

4) Fixed assets leased out in the form of operating leases and fixed assets leased in the form of financial leases.

Fixed assets for which depreciation is not accrued.

1) Fixed assets that have been fully depreciated and continue to be used;

2) land that has been valued separately in previous years;

3) Fixed assets that are scrapped in advance;

4) Leased in the form of an operating lease.

Dear, depreciated fixed assets, if they continue to be used, they will be hung on the account first, and the book value is the residual value of the fixed assets. If it is no longer in use, it will be scrapped. The user department shall submit an application for scrapping, and the fixed assets shall be liquidated according to the company's procedures and the residual value shall be sold.

Generally, after depreciation, if you continue to use it, it will be hung on the account first, and the book value is the residual value of the fixed asset. If the fixed assets are no longer used after depreciation, the use department shall submit an application for scrapping and other liquidation, and the fixed assets will be liquidated according to the company's internal control procedures

Fixed Assets Disposal Loan: Fixed Asset Impairment Loss Loan: Accumulated Depreciation Loan:

Fixed Assets Borrow: Cash and Other Credits: Fixed Assets Disposal Transfers the Balance of Fixed Assets Disposal to Non-Operating Income Expenditure Borrow:

Fixed Assets Disposal Loan: Non-Operating Income or: Borrow:

Non-operating expense credit: After the fixed assets are cleared and carried forward, there is no balance in the fixed assets disposal account. Additional Information:

As for the depreciation period of fixed assets, in fact, the provisions of the Enterprise Income Tax Law and its implementing regulations are very clear. Article 60 of the Regulations for the Implementation of the Enterprise Income Tax Law stipulates that, unless otherwise stipulated by the competent financial and taxation authorities, the minimum period for calculating depreciation of fixed assets is as follows: (1) 20 years for houses and buildings; (2) 10 years for aircraft, trains, ships, machines, machinery and other production equipment; (3) 5 years for appliances, tools, furniture, etc., related to production and business activities; (4) 4 years for means of transport other than airplanes, trains, and ships; (5) Electronic equipment, for 3 years.

In addition to the normal provision of depreciation, the finance and taxation department has also issued relevant regulations on accelerated depreciation, according to Article 3 of the Notice of the State Administration of Taxation on Issues Concerning the Treatment of Income Tax on Accelerated Depreciation of Fixed Assets of Enterprises (Guo Shui Fa [2009] No. 81), if an enterprise adopts the method of shortening the depreciation period, it shall purchase new fixed assets. The minimum depreciation period shall not be less than 60% of the depreciation period specified in Article 60 of the Implementing Regulations; In the case of the purchase of used fixed assets, the minimum depreciation period shall not be less than 60% of the remaining life after deducting the useful life as stipulated in the Implementing Regulations. Once the minimum depreciation period is determined, it generally cannot be changed.

Key features 1The value of fixed assets is generally relatively large, the use time is relatively long, and they can participate in the production process for a long time and repeatedly. 2.

Although wear occurs in the production process, it does not change its physical form, but gradually transfers its value to the product according to its degree of wear, and its value is transferred to the product after the value transfer.

If all the depreciation of fixed assets is completed, it can still be used, and there is no need to do accounting treatment, and the original value and accumulated depreciation of the assets are still retained on the account, until the assets are disposed of or scrapped, and the first business of the accounting liquid is handled, and the specific operations are as follows:

1. Transfer to fixed capital liquidation.

Borrow: Disposal of fixed assets.

Accumulated depreciation. Credit: Fixed Assets.

2. **The price of fixed assets.

Borrow: Bank deposit.

Credit: Disposal of fixed assets.

Tax Payable – VAT payable (output tax).

3. The liquidation of fixed assets is transferred to the profit and loss of asset disposal.

If the Fixed Assets Disposal account is a debit balance, it is the net loss of the disposal and the credit is the net proceeds.

Borrow: Gains and losses on disposal of assets.

Credit: Disposal of fixed assets.

Depreciation method. There are many ways for enterprises to accrue depreciation of fixed assets, which can basically be divided into two categories, namely the straight-line method (including the average life method and the workload method) and the accelerated depreciation method (including the sum of years method and the double declining balance method), and the enterprise should choose different methods according to the expected realization of the economic benefits contained in the fixed assets. The amount of depreciation accrued varies greatly depending on the depreciation method of enterprises.

The enterprise shall accrue the depreciation of fixed assets on a monthly basis, and the depreciation of fixed assets increased in the current month shall not be depreciated in the current month, and the depreciation shall be accrued from the next month; Depreciation of fixed assets reduced in the current month will be continued in the current month, and depreciation will be stopped from the next month. After the depreciation is fully applied, no depreciation will be withdrawn regardless of whether it can be continued to be used; Depreciation will not be made for fixed assets that are scrapped in advance.

Hello, happy with your question.

In the process of production and operation, the enterprise uses fixed assets and causes the loss of their value to reduce only a certain residual value, and the difference between the original value and the residual value is apportioned over its useful life, which is the depreciation of fixed assets. Determining the depreciation range of a fixed asset is a prerequisite for accruing depreciation. [1]

A monetary estimate of the value of the capital expended during the period examined. Also known as capital consumption allowance in the national income account. Depreciation of fixed assets refers to the systematic apportionment of the accrued depreciation amount according to the determined method during the useful life of the fixed assets.

Useful life refers to the expected life of a fixed asset, or the quantity of goods or services that the fixed asset can produce. Accrued depreciation refers to the amount of the original price of a fixed asset for which depreciation is accrued after deducting its estimated net residual value. For fixed assets for which provision for impairment has been made, the cumulative amount of provision for impairment of fixed assets shall also be deducted.

After the depreciation of fixed assets is sufficient, no depreciation will be provided, regardless of whether they can continue to be used or not, and depreciation will not be made up for the depreciation of fixed assets that have been scrapped in advance.

Enterprises should reasonably choose the depreciation method of fixed assets according to the expected consumption form of economic benefits related to fixed assets. Depreciation options include the average of years method, the workload method, the double declining balance method and the sum of years method. Once the depreciation method of fixed assets is confirmed, it shall not be changed at will.

Depreciation of fixed assets shall be accrued on a monthly basis. For fixed assets increased in the current month, depreciation will not be accrued in the current month, and depreciation will be accrued from the next month; Depreciation is still accrued for fixed assets reduced in the current month, and no depreciation is accrued from the next month.

For fixed assets that have reached the intended state of use but have not yet completed the final accounts, the cost shall be recognized according to the estimated value and depreciation shall be provided; After the final accounts are completed, the original provisional value will be adjusted according to the actual cost, but the depreciation amount that has been accrued is not adjusted.

Fixed assets that are out of use in the process of modernization and transformation shall be transferred to the carrying amount of the construction in progress and depreciation shall not be accrued. After the renovation project reaches the intended usable state and is converted into a fixed asset, depreciation shall be accrued according to the reconfirmed depreciation method and the remaining useful life of the fixed asset.

Fixed assets are depreciated during regular major repairs.

How to deal with the depreciation date of fixed assets after the expiration date.

How to deal with the depreciation of fixed assets?

Interpretation of accounting knowledge points and analysis of test points can focus on the intermediate accounting practice column.

Pay attention to how to deal with the depreciation of fixed assets of Global Online School.