Under the new accounting standards, which account should the amortized expenses and withholding expe

1。The new accounting standard eliminates the two accounts of "expenses to be amortized" and "expenses to be withheld", but allows the expenses to be amortized to be placed in the prepaid accounts, and when paid: debit: prepaid.

Credit: Cash (bank deposits).

At the time of amortization: borrow: administrative expenses.

Credit: Accounts prepaid.

2。Withholding expenses are liability accounts, and the purpose of withholding is to expense them in advance, but they definitely need to be paid.

So when it happens: borrow: manufacturing expenses (administrative expenses).

Credit: Accounts payable (other payables) are OK.

On Payment: Debit: Accounts Payable (Other Payables).

Credit: Cash (bank deposits).

This is someone else's one a few days before I transferred it to you, and I look very good, so you can take a look at it: First, the new accounting standards have cancelled the two accounts of "expenses to be amortized" and "expenses to be withheld", and there is no clear provision on how to present them in the first statement.

2. I believe that: 1. The expenses to be amortized were originally asset accounts, and the payments that do not belong to the main business can be linked to other receivables, and a secondary account can be set up: expenses to be amortized.

2. The same withholding expenses are originally liabilities and payables that do not belong to the main business, and can be linked to other payables, and a secondary account is set up: withholding expenses. After these two accounts are set, the accounting is carried out with reference to the accounting method of the original accounting system.

3. After setting up the accounting accounts according to the above methods, fill in the corresponding items of the accounting statement: other receivables and other payables.

3. During the company's annual audit, the accountants transferred the expenses to be amortized from other receivables accounts to the prepaid accounts account (adjusting the balance sheet without adjusting the accounts), which they thought was more reasonable, because this part did not need to be put into other accounts receivable to make provision for bad debts.

The new standard abolishes the "expenses to be amortized" account, and if there is a balance, it is included in the profit or loss for the current period, and the balance sheet is no longer presented.

The new standard does not have an account for withholding expenses, which are transferred directly to the interest payable if interest expense is withheld, and other amounts are included in other payables if otherwise withheld.

The expenses to be amortized are generally included in the management expenses and amortized.

Withholding expenses are also included in the expenses.

If there is a balance, it is still placed in the assets or liabilities as the original account.

There are two accounts: prepaid accounts and accounts payable.

Summary. Hello, glad to answer for you. As for the issue of "expenses to be amortized", under the new system of accounting standards for business enterprises, it has not been completely abolished, but the words and concepts of "expenses to be amortized" no longer appear separately.

As long as the relevant economic operations of an enterprise meet the definition of assets in the standard, they can still be included in the balance sheet as an asset party. For example, a certain month's rent paid in advance by an enterprise was included in the "expenses to be amortized" account under the original standard (system), and under the new standard, if it meets the definition of assets, it can be included in the "prepaid accounts" account.

Correspondingly, the same applies to "withholding expenses". For example, if the loan interest expense originally included in the "Withholding Expense" account is a liability that has been incurred and has not yet been paid by the enterprise, it meets the definition of liability and can be included in the "Interest Payable" account.

According to the spirit of the new standard, it does not mean that the expenses to be amortized and the expenses withheld will be abolished absolutely.

If these two accounts are not used, the relevant accounts can be used, and the original "expenses to be amortized" can be accounted for through the accounts "prepaid" and "other receivables", and the original "withholding expenses" can be accounted for through the accounts "interest payable" and "other payables".

The new accounting standards were repealed"Expenses to be amortized"and the "Withholding Expenses" account, what is it used instead?

Hello, glad to answer for you. As for the issue of "expenses to be amortized", under the new system of accounting standards for business enterprises, it has not been completely abolished, but the words and concepts of "expenses to be amortized" no longer appear separately. As long as the relevant economic operations of an enterprise meet the definition of assets in the standard, they can still be included in the asset party in the balance sheet.

For example, the rent prepaid by Qizhi Rock for a certain number of months was included in the "expenses to be amortized" account under the original standard (system), and under the new standard, if it meets the definition of assets, it can be included in the "prepaid accounts" account.

Correspondingly, the same applies to "withholding expenses". For example, the loan interest expense originally included in the "withholding expense" account is a liability that has been incurred and not paid by the enterprise, which meets the definition of the liability of the noisy hall and can be included in the "interest payable".

According to the spirit of the new standard, it does not mean that the expenses to be amortized and the expenses withheld will be abolished absolutely.

If you don't use these two accounts, you can use the relevant accounts, the original "damage expenses to be amortized" can be accounted for through the accounts of "prepaid accounts" and "other trillion receivables", and the original "withholding expenses" can be accounted for through the accounts of "interest payable" and "other payables".

Accrued expense: Accounting treatment of accrued expense under the new accounting standards.

1) According to the new standard, the rent withheld and interest on short-term borrowings are no longer accounted for in this account.

Withholding interest on short-term borrowings: According to the new standard, the interest on short-term borrowings withheld by enterprises is accounted for in the "Interest Payable" account. When interest is withheld, "finance expense" is debited and "interest payable" is credited; When interest is paid, "Interest Payable" is debited and "Bank Deposit" is credited.

According to the new standard, the rent of fixed assets payable by an enterprise is accounted for in the account of "other payables".

2) In addition to the above two operations, there are also some operations that need to be accounted for in the "Withholding Fee Vertical Disturbance" account. For example: withholding insurance premiums, etc. can be accounted for in the "Other Payables" account.

Other Unpaid: Under the new rules, the "Other Unpaid" account and the "Tax Payable" account are merged into the "Tax Payable" account.

Be. In the first draft of the guidelines for the application of the new standard, it is only clarified in the interpretation of the fixed assets standard that the repair cost of fixed assets shall not be amortized or withheld, but the accounts and items are retained in the accounting subjects and financial statements.

This account accounts for the expenses that have been incurred by the enterprise but should be borne by the current period and subsequent periods with an amortization period of less than one year (including one year), including prepaid insurance premiums, prepaid rent for operating leases, expenses of seasonal production enterprises during the shutdown period and other expenses that should be borne by the current period and subsequent periods, and this account shall be accounted for in detail according to the expense items.

Yes, it was canceled.

Note: The main reason for the elimination of "amortized expenses" and "withholding expenses" in the new standard.

The original system deviated from the characterization of "expenses to be amortized" and "expenses to be provided". The "expenses to be amortized" and "withholding expenses" stipulated in the Accounting System for Business Enterprises promulgated by the Ministry of Finance in 2000 belong to the asset category and liability category respectively, and their closing balances are specifically listed in the balance sheet.

Expenses to be amortized are not assets. The "expenses to be amortized" in the original system refer to the expenses that have been paid by the enterprise and should be borne by the current and subsequent periods. It is listed as an asset item of the enterprise.

It is classified as an asset. The so-called assets refer to the resources formed by the past transactions or events of the enterprise, owned or controlled by the enterprise, and expected to bring economic benefits to the enterprise, which are useful to the enterprise. The essence of a visible asset is an economic resource.

The most direct manifestation of the amortized expenses is the outflow of economic benefits and the reduction of assets and owners' equity of the enterprise, and it is not expected to bring any economic benefits to the enterprise. Therefore, the expenses to be amortized do not meet the definition of an asset and cannot be classified as an asset.

Provision for expenses is also not a liability. The "withholding expenses" mentioned in the original system refer to the expenses that the enterprise has withdrawn in advance from the costs and expenses in accordance with the regulations but has not yet actually paid. These expenses are expected to result in an outflow of economic benefits from the enterprise, while the so-called liabilities refer to the current obligations of the enterprise that are expected to result in an outflow of economic benefits from past transactions or events.

Liabilities, as actual obligations, are the result of transactions or events that have occurred in the past. Only transactions or events that have occurred in the past can increase or decrease the liabilities of a business. However, the withholding expenses are not a realistic obligation formed by the company's past transactions or events, and it also does not meet the definition of a liability element and cannot be classified as a liability.

Expenses to be amortized and expenses to be provided for are actually cost elements. The so-called expenses refer to the outflow of economic benefits that occur in the daily activities of the enterprise, and the occurrence of expenses will cause a decrease in the owner's equity. The occurrence of amortized expenses and withholding expenses will cause the outflow of economic benefits of the enterprise, reduce the profits of the enterprise, and ultimately lead to the reduction of the owner's equity of the enterprise.

Therefore, the amortized expenses and the accrued expenses fit the definition of the cost element, and both should be included in the scope of the cost element.

Yes, both the Accounting Standard for Business Enterprises (implemented in '07) and the Accounting Standard for Small Business (implemented in '13) have eliminated the accounts of withholding expenses and amortization expenses.

The original amortized expenses were paid first and then amortized, but now they are directly linked to other receivables accounts.

The original withholding expense account was accrued and then paid, and now it is linked to other accounts payable.

Yes, it was canceled. You can also put the prepaid account as a transfer account to make entries.

Yes, it has been cancelled, and the amortized fee can be put into the advance payment accounting.

Under the new accounting standards, the amortized expenses are accounted for in the "other payables" or "prepaid" accounts.

1. The improvement expenses incurred in operating leases of fixed assets are generally included in the long-term amortized expenses;

2. The repair cost of fixed assets and the repair cost of fixed assets shall no longer be amortized or withheld, and shall be included in the profit or loss of the current period when incurred;

3. For the lease fee of fixed assets leased in advance, the lease expense of fixed assets amortized for more than one year shall be accounted for in the account of "long-term amortized expenses".

1. For example, if an enterprise prepays a certain number of months of housing training and rent, under the original standard (system), it will be included in the "expenses to be amortized" account, and under the new standard, if it meets the definition of assets, it can be included in the "prepaid accounts" and "other receivables" accounts.

2. The same applies to "withholding expenses". For example, if the loan interest expense originally included in the "Withholding Expense" account is a liability that has been incurred and has not yet been paid by the enterprise, it meets the definition of liability and can be included in the "Interest Payable" account.

The original "prepaid expenses" can be accounted for through the accounts "prepaid" and "other receivables", and the original "withholding expenses" can be accounted for through the accounts "interest payable" and "other payables". Hereby!

1. The scope of inclusion is different

The expenses to be amortized include: the wages of administrative and technical personnel, personnel who procure, store and drive various machinery and vehicles, handling and unloading workers before the materials arrive at the site warehouse, full-time union personnel, medical personnel and other personnel who are paid by construction management fees or non-operating expenses.

The withholding expenses include: income obtained by individuals engaged in design, decoration, installation, drawing and testing, testing, medical treatment, law, accounting, consulting, lecturing, news, broadcasting, translation, auditing, calligraphy and painting, sculpture, film and television, audio and video recording, performance, performance, advertising, exhibition, technical services, introduction services, brokerage services, agency services and other labor services.

2. The calculation method is different

The formula for calculating the cost to be amortized is as follows:

Net operating income = 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 owner-occupied housing, etc. Net property income does not include premium income from the transfer of ownership of assets.

Net Transfer Income is calculated as follows: Net Transfer Income = Transfer Income - Transfer Expenses.

The formula for calculating the withholding expenses is expressed as: real growth rate of per capita disposable income = (per capita disposable income in the reporting period per capita disposable income in the base period) Household consumption** index -100%.

3. The role is different

The amortized expenses reflect the average income of the rural population in a country or region, while the withholding expenses reflect the standard of living of the people.

4. Different treatment methods

According to the marketing strategy, the expenses to be amortized should be calculated on an annual basis and paid in advance on a monthly or quarterly basis. At the end of each month, the company should transfer the month-end balance of the cost and tax account to the debit of the "Expenses to be amortized" account and the balance of the income account to the credit of the "Profit for the Year" account.

The difference between the current debit amount of the Payroll account is then calculated.

The primary purpose of withholding expenses should be to recognize and measure the impact of accounting and tax law differences on the future inflow or outflow of economic interests of the enterprise, and put the impact of income tax accounting on the assets and liabilities of the enterprise in the first place.

Encyclopedia - Expenses to be amortized.

Encyclopedia - Withholding Expenses.

The new standard abolishes the "expenses to be amortized" and "expenses to be withheld" accounts, and the accounting treatment of expenses to be amortized as stipulated in the original system:

Low-value consumables and packaging items in the old system are classified under the new standard under the "Turnover Materials" account.

For the treatment of prepaid insurance premiums, prepaid rents for operating leases, and prepaid newspapers and magazines, the prepaid amount shall be directly included in the relevant cost or profit or loss accounts.

For stamp duty, real estate tax, vehicle and vessel use tax, land use tax, etc., which are to be paid in a large amount at one time, the "management expenses" account is debited and the "taxes payable" account is credited.

Subsequent expenditures related to fixed assets that meet the conditions for recognition of fixed assets stipulated in the standards shall be included in the cost of fixed assets; If it does not meet the conditions for recognition of fixed assets, it shall be included in the profit or loss for the current period (management expenses - repair costs) when incurred.