How to deal with the after sales financial lease and leaseback accounts of self owned fixed assets?

1. On the lease commencement date, the assets of the financing company shall be submitted to the financing company.

1. Borrow: fixed assets - 240,000 fixed assets for financing sale and leaseback.

Credit: Fixed Assets - Fixed Assets in Use 240,000.

2. Borrow: bank deposit of 1.52 million.

Other receivables - leasing company 100,000.

Other receivables - leasing company (performance bond) 300,000.

Finance Fee - Handling fee 80,000 yuan.

Unrecognized financing fee of $500,000.

Credit: Long-term payables of 2.5 million.

2. Pay the rent every month.

3. Borrow: long-term payable 70,000 yuan.

Credit: Bank deposit 70,000.

3. Provision for depreciation of financial lease assets.

Credit: Fixed Assets - Accumulated Depreciation.

Fourth, the allocation of unrecognized financing costs (the general leasing company should have a specific amount in the plan, if not, simply deal with it, amortized at 500,000 yuan in 36 months).

5. Borrow: financial expenses.

Credit: Financing charges are not recognized.

5. At the expiration of the term.

6. Borrow: fixed assets - fixed assets in use (net value at expiration) Credit: fixed assets - financing sale and leaseback fixed assets.

The landlord, pure hand, look.

This question is not in the nature of mortgage loans of financial institutions (banks), but belongs to the nature of private property mortgage credit.

1. Accounting treatment of property mortgage property right transfer:

Borrow: fixed assets disposal A equipment 1.5 million.

Credit: fixed assets A equipment 1.5 million.

Borrow: Accumulated depreciation A equipment depreciation of 1.26 million.

Credit: Disposal of fixed assets A equipment disposal of 1.26 million.

Borrow: Financial lease Company A equipment (mortgage) 240,000.

Credit: Fixed assets disposal A equipment disposal of 240,000.

II. Accounting Treatment of Credit Funds Obtained by Property Mortgage:

Borrow: bank deposit of 1.52 million.

Borrow: Other receivables 400,000 yuan from a leasing company.

Borrow: 80,000 for management expenses or financial expenses.

Credit: Long-term loan A leasing company 2 million.

3. After the mortgage formalities are performed, the accounting treatment of the unpaid credit funds shall be recovered as agreed

Borrow: 100,000 bank deposits.

Credit: Other receivables 100,000 yuan from a leasing company.

4. Accounting treatment of repayment of mortgage credit funds and financial expenses

Borrow: Long-term loan A leasing company 2 million.

Credit: Bank deposits of 1.7 million.

Credit: Other receivables A leasing company performance bond of 300,000 yuan.

Borrow: 500,000 financial expenses.

Credit: Bank deposit of 500,000.

Note: 1. The value-added tax on handling fees and financial expenses is ignored and not counted; 2. After the full performance of the property mortgage and the return of the credit funds, whether the leasing company A has returned the mortgaged equipment is not prompted and explained, and it is ignored to be processed.

Summary. The specific accounting treatment of sale-leaseback transactions as financial leases is as follows: **When an asset is an asset, the "Fixed Assets Disposal" account is debited according to its net book value, the "Accumulated Depreciation" account is debited according to its accrued depreciation, and the "Fixed Assets" account is credited according to its original price.

The specific account of the sale-leaseback transaction that belongs to the financial lease is treated as follows: **In the case of assets, the "Fixed Assets Disposal" account is debited according to its net book value, the "Accumulated Depreciation" account is debited according to the depreciation it has accrued, and the "Fixed Assets" account is credited according to its original price.

** For assets, the Fixed Assets Disposal account is debited at its net book value, the Accumulated Depreciation account is debited for its accrued depreciation, and the Fixed Assets account is credited at its original price. For the price of the ** assets that have been received, the "bank deposit" account is debited, and the "fixed assets liquidation" account is credited for the disposal of fixed assets, and the "deferred income - unrealized sale and lease back profit and loss" account is debited or credited according to the difference between the borrower and the borrower. According to the depreciation progress of the leased asset, when the unrealized sale lease gain is amortized in installments, the account of "deferred income - unrealized sale lease gain and loss" is debited, and the account of "manufacturing expenses" or "management expenses" and "operating expenses" is credited.

If Shenyan amortizes the unrealized sale-leaseback loss in installments, the "Manufacturing Expenses" or "Management Expenses" and "Operating Expenses" accounts are debited, and the "Deferred Earnings - Unrealized Sale-leaseback Gains and Losses" accounts are credited.

For example, **a product production line, and when the price is recovered: borrow: fixed capital with auspicious property liquidation 1400000 accumulated depreciation 600000 credit:

Fixed assets 200,000 loans: silver deposits 1,600,000 loans: fixed assets disposal 1,400,000 deferred income - banquet - unrealized sale lease back profit and loss 200,000

For example, when renting back and leaseback: borrowing: fixed assets - financial lease fixed assets 1400000 unrecognized financing expenses 400200 credit: Kai Payou long-term accounts payable - financial lease payable 1800200

Isn't it necessary to confirm the right to use assets at present value?

Kissing is generally a limit confirmation at the end of the period.

Or when the ** asset is slag, the "fixed assets liquidation" account will be debited according to its net book value, the "accumulated depreciation" account will be debited according to its accrued depreciation, and the "fixed assets" account will be credited quietly according to its original price.

OK. Accounting treatment of sale and leaseback of financial leases:

Announcement No. 13 of 2010 of the General Administration stipulates that VAT and business tax are not levied on the behavior of the lessee's assets. Since the financing sale and leaseback is within the scope of loan services, the input tax obtained by the lessee from paying the rent cannot be deducted.

Income Tax: Announcement No. 13 of 2010 of the General Administration of TaxationIn the financing sale and leaseback business, the behavior of the lessee's ** assets is not recognized as sales revenue, and the depreciation of the financial leased assets is still calculated according to the original book value of the lessee before **. During the lease period, the part of the financing interest paid by the lessee is deducted before tax as the financial expenses of the enterprise.

Accounting treatment at the end of the lease term

At the end of the lease term, the lessee usually disposes of the leased asset in three ways:

Return of leased assets. At the expiration of the lease term, when the lessee returns the leased assets to the lessor, the accounts of "long-term payables - financial lease payable" and "accumulated depreciation" are usually debited, and the accounts of "fixed assets - financial lease fixed assets" are credited.

Preferential lease renewal of leased assets. If the lessee exercises the preferential renewal option, the lease shall be accounted for as if it had been in existence for a long time. If the lease is not renewed according to the contract at the expiration of the lease period, the "non-operating expenses" account will be debited and the "bank deposit" account will be credited if the liquidated damages are to be paid to the lessor according to the lease contract.

Retain and purchase leased assets. When the lessee enjoys the preferential purchase option, when paying the purchase price, the "long-term payables - financial lease payables" are debited and the "bank deposits" and other accounts are credited; At the same time, the fixed assets are transferred from the "financial lease fixed assets" detail account to the relevant other detail accounts.

The financial lease of fixed assets, the lessor is treated as follows:

1) The date on which the lease period begins.

Debit: Fixed assets (the lesser of the fair value of the leased asset vs the present value of the minimum lease payment) + initial direct expenses.

Financing charges (shortfalls) are not recognized

Credit: Long-term payables (minimum lease payments).

Bank deposit (initial direct expense).

Note: If a fixed asset is recorded at the fair value of the leased asset, the discount rate is recalculated, and the new discount rate is the discount rate at which the present value of the minimum lease payment is equal to the fair value.

2) Confirm the apportionment of financing costs.

Borrow: financial expenses or construction in progress.

Credit: Unrecognized financing expense (amortized cost at the beginning of the period effective interest rate).

3) Provision for depreciation.

Borrow: manufacturing costs, etc.

Credit: Accumulated depreciation.

4) Expiration of the lease period (handled on a case-by-case basis).

a.The leased asset needs to be returned.

Debit: Long-term payables (residual value of guarantees).

Accumulated depreciation. Credit: Fixed Assets.

b.Retain and purchase leased assets.

Borrow: Long-term payables (purchase price).

Credit: Bank deposits.

Borrow: Fixed Assets - Fixed Assets for Production.

Credit: Fixed Assets - Financial Leases.

For fixed assets leased in the form of financial lease, 1. Under the financial lease method, the lessee shall value the fixed assets leased in the financial lease as its own fixed assets and record the corresponding liabilities at the same time.

2. On the lease commencement date, the enterprise shall record the value at the lower of the original book value of the leased assets and the present value of the minimum lease payment on that day.

3. The accounting entries are:

Borrow: Fixed Assets - Financial Lease Fixed Assets, Unrecognized Financing Expenses, Credit: Long-term Payable - Financial Lease Payable. Leakage.

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Deduction of depreciation or rent of fixed assets for financial sale and leasebackAnswerThe taxpayer obtains the fixed assets from the lessor in the form of financial lease, and its rental expenses shall not be deducted, but the depreciation expenses may be withdrawn according to the regulations. Measures for Pre-tax Deduction of Enterprise Income Tax Article 39 If a taxpayer obtains fixed assets from the lessor in the form of financial lease, the rental expenses shall not be deducted, but the depreciation expenses may be withdrawn in accordance with the regulations. When the company engages in the financing sale and leaseback business, the ownership of the assets and the risks associated with them are not transferred, and the relevant depreciation is also deducted by your company.

In essence, it is a loan to a financing company in the form of equal repayment of jujube mold. Your company's accounting treatment can be appropriately simplified

Accounting treatment of sale and leaseback of fixed assets, 1) ** When assets, borrow: accumulated depreciation, borrow: fixed assets impairment provision, borrow: fixed assets disposal, credit: fixed assets.

2) When receiving the price of ** assets, borrow: bank deposits, credit: fixed assets disposal, credit or borrow):

Deferred income - unrealized sale and leaseback gains and losses, 2Leaseback assets, 1) leaseback assets Kaixiao forms a financial lease, when renting back assets, borrow Jingwu: fixed assets - financial lease into fixed assets, borrow:

Unrecognized financing charges, credit: long-term payables - financial lease payments payable, leased back to the following periods:

Rent Paid: Borrow: Long Term Payables - Financial Lease Payable, Credit:

Bank deposits, amortization of unrecognized financing expenses, debit: finance expense, credit: unrecognized financing expense, provision for depreciation, debit:

Administrative expenses or manufacturing expenses, etc., credit: accumulated depreciation, apportionment of unrealized sale-leaseback gains and losses, debit (or credit): deferred income - unrealized sale-leaseback gains and losses, credit (or borrow):

management expenses or manufacturing expenses, etc., 2) leased back assets to form an operating lease, when the assets are leased back - no accounting treatment is required, only for reference and registration. Liang Sun or.

In the subsequent periods after the leaseback of the asset, when paying the rent, borrow: management expenses or manufacturing expenses, etc., credit: bank deposits, apportionment of unrealized sale leaseback gains and losses, loans (or loans): deferred income - unrealized sale leaseback gains and losses, credit (or borrow): management expenses or manufacturing expenses, etc.

In the course of operation, if the sale and leaseback transaction does not meet any of the five standards stipulated in the accounting standards, the transaction should be recognized as an operating lease, and what should be done about its specific accounting treatment?

Sale and leaseback form accounting entries for operating leases.

**When assets, borrow: fixed assets disposal.

Accumulated depreciation. Cost of Principal Operations.

Credit: Fixed Assets.

When confirming the receipt of the price receivable of the price receivable, debit: bank deposit accounts receivable.

Credit: Disposal of fixed assets.

Main business income.

Tax Payable - VAT Payable.

Borrowing or Crediting: Deferred Income – Unrealized Sale-Leaseback Gains and Losses (Operating Leases).

What is an Operating Lease?

Operating leasing, also known as business leasing, is a kind of leasing business that leases the products of the factory to users by the leasing department or professional leasing company of a large production enterprise.

What is Fixed Asset Disposal?

The liquidation of fixed assets is a general term for the identification, scrapping, write-off of assets, and disposal of residual value of fixed assets that need to be eliminated and updated due to wear and tear, extraordinary disasters and accidents, or due to obsolescence and obsolescence.

What is the cost of the main business?

The cost of main business refers to the cost incurred by an enterprise in its business activities such as selling goods and providing labor services. Generally, when an enterprise recognizes the income from its main business such as the sale of goods and the provision of services, or at the end of the month, the cost of the goods sold and the services provided is transferred to the cost of the main business.

The enterprise shall set up a "cost of main business" account, which shall be used to calculate the actual cost incurred by the enterprise due to the sale of goods, the provision of labor services or the transfer of the right to use Zhenghe assets and other daily activities, and debit the account and credit the accounts such as "inventory goods" and "labor cost". At the end of the period, the balance of the cost of main business is transferred to the "Profit of the Year" account, the "Profit of the Year" is debited, the account is credited, and after the carryover, there is no balance of the "Cost of Principal Business" account.