What is the depreciation calculation formula under the Small Business Accounting Standards?

The details are as follows: 1. Small enterprises generally accrue depreciation according to the straight-line method:

Accrued depreciation = original price (cost) - estimated net residual value, annual depreciation = accrued depreciation Estimated useful life.

2. Accounting Standards for Small Enterprises (Cai Kuai [2011] No. 17).

1) Article 29:

Small enterprises shall depreciate all fixed assets, but depreciation shall not be accrued for fixed assets that have been fully depreciated but continue to be used and land that has been separately valued and recorded.

The depreciation expense of fixed assets shall be included in the cost of relevant assets or current profit or loss according to the beneficiary object of the fixed assets.

The term "depreciation" as mentioned in the preceding paragraph refers to the systematic apportionment of the accrued depreciation amount in accordance with the determined method during the useful life of fixed assets. Accrued depreciation refers to the amount of the original price (cost) of a fixed asset for which depreciation should be accrued after deducting its estimated net residual value. Estimated net residual value refers to the net amount that a small enterprise receives from the disposal of a fixed asset after deducting the estimated disposal cost when the expected useful life of the fixed asset has expired.

Depreciation has been fully accrued means that the depreciation of the fixed asset has been fully accrued.

2) Article 30.

Small enterprises should accrue depreciation according to the average method of life (i.e., the straight-line method, the same below). If the fixed assets of small enterprises really need to accelerate depreciation due to technological progress and other reasons, the double declining balance method and the sum of years method can be adopted.

Small enterprises should reasonably determine the useful life and estimated net residual value of fixed assets according to the nature and use of fixed assets, and taking into account the provisions of the tax law.

Once the depreciation method, useful life and estimated net residual value of fixed assets are determined, they shall not be changed at will.

The correct formula for calculating depreciation should be: 100% of the estimated useful life (years) at the annual depreciation rate of 2 under the double declining balance method. In fact, the use of aerospace information "tax-friendly ERP" can quickly calculate and deal with these financial and tax issues.

AISINO ERP has fully supported the provisions of the "Accounting Standards for Small Enterprises", and the system has preset the number formula, which can quickly help enterprises issue financial statements and annotated information, and guide accountants to carry out accounting. Completely realize the integrated management of finance and taxation of small and micro enterprises.

Under the double declining balance method, the annual depreciation rate of 2 is 100% of the estimated useful life (years).

With regard to depreciation, for example, the accrual method determined in the enterprise apportions the portion of the value that can be consumed by the enterprise over the course of its useful life. The portion of our value that can be consumed by the enterprise is equal to the difference between our original price minus the estimated net residual value and the provision for impairment.

1. Calculation of the depreciation period of the latest fixed assets.

According to the new enterprise income tax law, the depreciation period of fixed assets is stipulated:

Article 60: 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 the cleaning of airplanes, 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;

e) electronic equipment, for 3 years.

2. The scope of depreciation of fixed assets.

The enterprise shall provide depreciation for all fixed assets; However, this excludes fixed assets that have been fully depreciated and continue to be used and land that is separately valued and recorded (historical).

Note: Unused and unused fixed assets are not required for depreciation.

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 is accrued according to the redetermined useful life, estimated net residual value and depreciation method.

3. Factors affecting the depreciation of fixed assets.

1) The original price of fixed assets refers to the cost of fixed assets.

2) Estimated net residual value refers to the amount obtained by the enterprise from the disposal of the fixed asset after deducting the estimated disposal cost after deducting the estimated disposal cost after the expected useful life of the fixed asset has expired.

3) The useful life of fixed assets refers to the estimated period of use of fixed assets by small enterprises, or the quantity of products or services that can be produced or services provided by fixed assets. Small businesses should consider the following factors when determining the useful life of fixed assets:

the estimated production capacity or physical production of the asset;

The asset is expected to have physical wear and tear, such as wear and tear in the use of equipment, natural erosion of buildings, etc.;

The expected intangible wear and tear of the asset, such as the existing asset technology level is relatively obsolete due to the emergence of new technologies, and the product is obsolete due to changes in market demand;

Restrictions on the use of the asset as provided by law or similar.

Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China

Article 60. Unless otherwise stipulated by the competent financial and tax authorities, the minimum period for calculating depreciation of fixed assets is as follows:

1) 20 years for houses and buildings;

ii) 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;

e) electronic equipment, for 3 years.

Summary. Dear, hello, it is a pleasure to serve you <> Accounting Standards for Small Enterprises stipulate that depreciation expenses can be received in cash, yes, the legal analysis is as follows: first, business income, which refers to the operating income that occurs in the production and operation process of small enterprises; The second is non-business income, which refers to some income that is not related to the production and operation of the enterprise, such as investment income, non-operating income, etc.; the third type is the cash payment received in advance, which refers to the deposit received in advance by the enterprise in accordance with the provisions of the contract; Fourth, other income.

Does the Small Business Accounting Standard stipulate that depreciation expenses can be received in cash.

Dear, hello, it is a pleasure to serve you <> Accounting Standards for Small Enterprises stipulate that depreciation expenses can be received in cash, yes, the legal analysis is as follows: first, business income, which refers to the operating income that occurs in the production and operation process of small enterprises; The second is non-business income, which refers to some income that is not related to the production and operation of the enterprise, such as investment income, non-operating income, etc.; the third type is the cash payment received in advance, which refers to the deposit received in advance by the enterprise in accordance with the provisions of the contract; Fourth, other income.

I contracted someone else's repair shop, and the contractor deducted depreciation every month, but the contract did not stipulate it, is this deduction reasonable?

is unreasonable.

It is said that it is stipulated by the Accounting Standards for Small Business.

You can go to the prosecution.