Do I still need to carry forward the profit of the year after the year end carry over?

It needs to be carried forward, and after the carryover, there is no balance at the end of the year's profit account.

1. If the profit of the year is a credit balance, it means that the profit of the year is made and it should be distributed as follows:

1. Transfer the balance to the undistributed profit first.

Borrow: Profit for the current year.

Credit: Profit Distribution – Undistributed Profits.

2. (1) If the profit at the beginning of the year is distributed on the debit side, it means that the loss of the previous year is made up with the profit carried forward from the current year, and the balance is still on the debit side after making up the loss, and the loss is still left for the next year.

2) If the balance of profit distribution is on the credit side after carrying forward the profit of the current year, the following entries shall be made:

10% of the total profit is accrued as a statutory surplus provident fund.

Debit: Profit distribution - undistributed profits.

Credit: Surplus Reserve.

According to the company's situation, it is independent to decide whether to withdraw any surplus provident fund.

Debit: Profit distribution - undistributed profits.

Credit: Surplus Reserve.

Distribution of profits to shareholders.

Debit: Profit distribution - undistributed profits.

Credit: Dividends payable.

The following entries can be combined to make the following:

Debit: Profit distribution - undistributed profits.

Credit: Profit Distribution - Withdrawal of surplus reserves.

Profit distribution – dividends payable.

2. If the profit account of the current year is a debit balance, indicating that the operating result of the current year is a loss, the balance of the period will be directly carried forward to the profit distribution account and left for the next year to make up.

Debit: Profit distribution - undistributed profits.

Credit: Profit for the year.

At the end of the year1Transfer the "Revenue" account to the credit of the "Profit for the year", i.e. debit:

Main business income, other business income, non-operating income, investment income loan: profit for the year 2Transfer the "Cost", "Expense" accounts to the debit side of "Profit this year", i.e. .

Borrow: Profit for the year: main business costs, other business expenses, non-operating expenses, management expenses, operating expenses, financial expenses, investment losses, 3

Finally, the number of credits of "current year's profit" minus the number of debits (1) If the number of credits minus the number of debits of "current year's profit" is greater than zero, it means that the enterprise is profitable in the fiscal year, and it is treated as follows: debit: credit for this year's profit:

Profit distribution - undistributed profits(2) If the number of credits minus the number of debits of "current year's profit" is less than zero, it means that the enterprise is losing money in the fiscal year, and it is treated as follows: debit: profit distribution - undistributed profit credit:

Profit for the year.

The year-end carry-over of the year's profit includes two methods: the statement method and the account settlement method.

In the case of the statement settlement method, at the end of each month, only the amount incurred in the current month and the accumulated balance at the end of the month are calculated for each profit and loss account, and the "profit for the year" account is not carried forward. However, at the end of each month, the total amount of the current month of the profit and loss account should be filled in the current month column of the income statement, and the accumulated balance at the end of the month should be filled in the current year's cumulative number column of the income statement, so as to reflect the profit (or loss) of each period through the income statement calculation.

In the case of the account settlement method, a transfer voucher needs to be prepared at the end of each month, and the balance of each profit and loss account calculated on the account will be transferred to the "current year's profit" account, and the balance of the "current year's profit" account after the carry-over reflects the profit realized or the loss incurred in the current month.

Among them, the balance is credited, and the accounting entries are: debited to the "Profit of the Year" account and credited to the "Profit Distribution - Undistributed Profit" account;

The balance is debited (loss) and the accounting entries are: debited to the "Profit Distribution - Undistributed Profit" account and credited to the "Profit this year" account.

After the current year's profit is carried forward, there should be no balance in the "This year's profit" account.

It needs to be carried forward, and after the carryover, there is no balance at the end of the year's profit account.

If the profit of the year is a credit balance, it means that the profit of the year is made and it should be distributed as follows: the balance is transferred to the undistributed profit first; Borrow: Profit for the current year. Credit:

Profit distribution – undistributed profits; If the profit at the beginning of the year is allocated to the debit side, it indicates the loss of the previous year, and the profit carried forward from the current year is used to make up for it".

To 1"Income" account: Usually, when the enterprise obtains income, it is treated as follows:

Borrow: Bank Deposit Loan: Main Business Income, Other Business Income, Non-operating Income, Investment Income, and Year-end Accounts, we transfer the "Income" account to the credit of "Profit for the Year", that is:

Borrow: Main Business Income, Other Business Income, Non-operating Income, Investment Income Loan: Profit for the Year.

2."Cost" and "expense" accounts: Usually, when the enterprise incurs expenses, they are treated as follows:

Borrow: Main Business CostsOther Business ExpensesNon-operating ExpensesManagement ExpensesOperating ExpensesFinancial ExpensesInvestment LossesCredit: At the end of the year, we transfer the "cost" and "expense" accounts to the debit side of the "current year's profit", that is:

Borrow: Profit for the Year: Principal Business Costs, Other Business Expenses, Non-Operating Expenses, Management Expenses, Operating Expenses, Financial Expenses, Investment Losses.

3.Finally, subtract the number of debits from the number of credits of "Profit of the Year" (1) If the number of credits minus the number of debits of "Profit of the Year" is greater than zero, it means that the enterprise is profitable in the fiscal year, and it is treated as follows: Debit:

Profit distribution - undistributed profit credit: current year's profit (2) If the number of credits minus the number of debits of "current year's profit" is less than zero, it means that the enterprise is losing money in the fiscal year, and it is treated as follows: debit:

Profit for the Year: Profit Distribution - Undistributed Profit.

Want! By the end of the year, the current year's profit will be closed

1.In the case of credit balances, then: debit: profit for the current year, credit: profit distribution - undistributed profit.

2.In the case of a debit balance, then: debit: profit distribution - undistributed profit, credit current year's profit.

Credit: Profit Distribution – Undistributed Profits.

Indicate a profit, if it is a loss, turn it upside down!

1. The profit carry-forward method of the current year (account settlement method and statement settlement method) (According to the accounting system, the profit and loss account can be carried forward every month, or it can not be carried forward every month, and it will be carried forward at the end of the year.) The method of monthly carry-over is called the "account settlement method", and the method of one-time carry-forward at the end of the year is called the "statement method". ）

2. Carry-over method:

Accounting method: In each accounting period (i.e., at the end of the month), the balance of the P&L account is transferred to the profit account of the current year by preparing transfer vouchers, and the profit and loss account does not leave the balance at the end of the month, and the actual balance of the account is filled in the profit account of the current year on the balance sheet. It usually consists of two parts: the preparation of closing entries and the closing of accounts, and the carry-forward of income account balances.

Statement method: Using this carry-forward method, the P&L account automatically accumulates the balance at the time of each transaction, and does not need to make any transfer entries at the end of the month, that is, there is no need to do any settlement action, and the profit of each period is automatically calculated through the balance of each period and the version of the financial statements prepared by the P&L stored in the database**. At the end of the year, the accumulated balance of each P&L account is transferred to the so-called Retained Earnings account, which includes both undistributed profits and surplus reserves, but no entries are generated, but the balance is carried forward to the beginning of the next year.

Summary. It needs to be carried forward, and after the carryover, there is no balance at the end of the year's profit account.

1) If"Profit for the year. "The balance of the account is on the credit side, i.e. in the case of a balance, of course, it is necessary to carry forward the full amount"Profit distribution – undistributed profits; "and further withdraw the statutory surplus reserve, the discretionary surplus reserve and distribute the profits in accordance with the relevant laws and regulations or resolutions. After the carryover,"Profit for the year. "There should be no balance on the account.

The balance is transferred to the undistributed profit first.

Borrow: Profit for the current year.

Credit: Profit Distribution – Undistributed Profits.

2) If"Profit for the year. "If the balance of the account is on the debit side, that is, if there is still a loss in the current year, it is recommended to leave the debit balance instead of carrying it forward for the sake of simplifying the accounting treatment"Profit for the year. "In the account, it is carried forward in the year in which the balance becomes credited.

If the balance of profit distribution after carrying forward the profit of the current year is on the credit side, the following entries shall be made:

10% of the total profit is accrued as a statutory surplus provident fund.

Debit: Profit distribution - undistributed profits.

Credit: Surplus Reserve.

According to the company's situation, it is independent to decide whether to withdraw any surplus provident fund.

Debit: Profit distribution - undistributed profits.

Credit: Surplus Reserve.

Distribution of profits to shareholders.

Debit: Profit distribution - undistributed profits.

Do I still need to carry forward the profit of the year after the year-end carry-over?

It needs to be carried forward, and after the carryover, there is no balance at the end of the year's profit account. 1) If"Profit for the year. "The balance of the account is on the credit side, that is, in the case of a balance, of course, it is necessary to carry forward the full amount to Xiao Yinqiao"Profit distribution – undistributed profits; "and further withdraw the statutory surplus reserve, the discretionary surplus reserve and distribute the profits in accordance with the relevant laws and regulations or resolutions. After the knot touches the key, turn it"Profit for the year. "There should be no balance on the account.

Transfer the balance to the undistributed profit first: the current year's profit credit: profit distribution--undistributed profit (2) if"Profit for the year. "If the balance of the account is on the debit side, that is, if there is still a loss in the current year, it is recommended to leave the debit balance instead of carrying it forward for the sake of simplifying the accounting treatment"Profit for the year. "In the account, it is carried forward in the year in which the balance becomes credited.

If the balance of profit distribution is on the credit side after the profit of the current year is carried forward, the following entries shall be made: 10% of the total profit shall be accrued for the statutory surplus reserve debit: profit distribution - undistributed profit credit:

According to the company's situation, the surplus reserve independently decides whether to carry the bridge or not, whether to accrue the arbitrary surplus reserve loan: profit distribution - undistributed profit loan: surplus reserve to shareholders to distribute profit loan:

Profit distribution – undistributed profits;

Credit: Dividends payableIf the profit account of the current year is a debit balance, indicating that the operating result of the current year is a loss and a loss, the balance of the period will be directly carried forward to the profit distribution account and left for the following years to make up. Borrow:

Profit Distribution--Undistributed Profit Credit: Profit for the current year.

Hello, dear. 1. At the end of the year, the main business income and other business income will be carried forward to the credit of the current year's profit; At the end of the year, the main business costs, management expenses, sales expenses, financial expenses and other accounts are carried forward to the profit debit side of the current year.

2. If the balance is on the debit side after the credit and credit side of the current year's profits are offset, it indicates the operating loss of this year, and the balance will be directly carried forward to the profit distribution account, and the profits carried forward from the current year will be used to make up for it, or it will be left for the next year. 3. If the profit of the year is the credit balance, it means that the profit of the year is made, and it should be distributed, and the balance of the world is transferred to the undistributed profit.