Problems related to the handling of engineering construction accounting accounts?

When the material is taken from your own company:

Borrow: engineering construction - raw materials.

Credit: raw materials.

Secondly, when the material is purchased from outside:

Borrow: raw materials.

Tax Payable – VAT Payable (Input Tax) Payable

Credit: Bank deposit (or cash).

Distribution of salaries and bonuses:

Borrow: engineering construction - contract cost - labor cost (production worker salary bonus) mechanical operation - wages and surcharge (driver salary bonus).

Engineering construction - contract cost - overhead - management personnel salary (project department management personnel salary bonus) credit: salary payable.

Employee remuneration payable --- changes to the new standard.

Raw materials.

Borrow: engineering construction - contract cost - material cost.

Credit: raw materials.

Desk Fee Settlement:

Borrow: engineering construction - contract cost - machinery usage fee.

Credit: Accounts Payable (External Units).

Advantages: Daily accounting can be based on actual cost or planned cost. For enterprises with more material sending and receiving business and more sound and accurate planned cost information, the planned cost is generally used for material sending and receiving accounting.

Raw materials are accounted for using the planned cost method, and its advantages are mainly manifested in:

1: It is conducive to the assessment of the work performance of the procurement department;

2: It is conducive to strengthening the management and supervision of inventory;

3: It is conducive to the assessment of the work performance of the consuming material department;

4: It is conducive to simplifying accounting procedures.

Summary. Hello dear, I have received your problem, solve the problem for you immediately, please wait for 1 minute. According to your question, I think that as long as the acceptance of the project is completed and its final accounts have been reviewed, it can be carried forward, regardless of whether it is in arrears.

The project is completed after the acceptance and signature of the construction party, the construction party, the survey, the design and the supervision unit, but the final settlement price of the single project must be reviewed by the cost engineer and issue a report, and the total final settlement price must be confirmed by the financial audit, and the total cost of the project is the value of fixed assets. Among the entries you cited, it is impossible to borrow at one time: fixed assets of 120,000 yuan.

The construction enterprise project has been completed, and the unfinished construction costs are accounted for.

Hello dear, I have received your problem, solve the problem for you immediately, please wait for 1 minute. According to your question, I think that as long as the acceptance of the project is completed and its final accounts have been reviewed, it can be carried forward, regardless of whether it is in arrears. The project is completed after the acceptance and signature of the construction party, the construction party, the survey, the design and the supervision unit, but the final settlement price of the single project must be reviewed by the cost engineer and issue a report, and the total final settlement price must be confirmed by the financial audit, and the total cost of the project is the value of fixed assets.

Among the entries you cited, it is impossible to borrow at one time: fixed assets of 120,000 yuan.

This is because the expenditure of financial investment projects should first be collected in the "special fund expenditure" account, and then transferred to fixed assets after the completion of the final accounts. Your special fund expenditure has a balance of 100,000 yuan, the settlement price is 120,000 yuan, and the excess 20,000 yuan is still recorded as "special fund expenditure", and the correct entry is: Debit:

Special fund expenditure 20,000 yuan Loan: other payables 20,000 yuan After the final accounts are approved, the financial department will allocate 20,000 yuan for the project Loan: bank deposit 20,000 yuan Loan:

Allocated 20,000 yuan Loan: Allocated 120,000 yuan Loan: Earmarked expenditure 120,000 yuan Borrow:

Fixed assets 120,000 yuan Loan: fixed ** 120,000 yuan.

Hope it helps.

I wish you life. Pleasant.

Teacher, what I want to ask is, the project has been completed and accepted, and the balance of the project construction has not been carried over, how to deal with the accounting of the construction of the project that has not been carried over, and whether it needs to be increased when doing the annual final settlement.

Dear, you need to do it.

1. Purchase materials, borrow: raw materials, credit: bank deposits, 2. When receiving, borrow: engineering construction imitation Pampi - contract cost - material cost, credit: raw materials.

3. Project settlement: generally refers to the account according to the contract or invoice, borrow: bank deposit, credit: project settlement.

When the project is completed, the cost of income is carried forward, and the gross profit of the project construction is calculated at the same time, and the entries:

Borrow: Cost of Main Business, Borrow: Engineering Construction - Contract Gross Profit, Credit: Main Business Income, Simultaneous Settlement of Engineering, Entry:

Borrow: Settlement of Preparatory Projects, Credit: Construction of Engineering - Gross Profit of Contract, Credit: Construction of Engineering - Contract Costs.

After the carry-over is completed, there should be no balance between the construction of the project and the settlement of the project. If there is a balance, the difference will be included in the inventory item when reporting at the end of the period.

4. Accrual of wages:

Borrow: Engineering Construction - Contract Costs - Overhead - Wages, Borrow: Administrative Expenses (Salaries of Management Personnel), Credit: Employee Remuneration Payable - Salary Accrual.

The most basic points of project accounting treatment are as follows:

1) Engineering costs incurred:

Borrow: engineering construction - contract costs, credit: raw materials, employee remuneration payable, etc., (2) accounting treatment of settlement amounts

Debit: accounts receivable, credit: project settlement, (3) accounting treatment of the actual receipt of project money:

Debit: bank deposits, credit: accounts receivable, (4) Revenue and carry-forward costs are recognized according to the percentage of completion method

Borrow: Cost of Main Business, Gross Profit of Construction - Contract (Usually on the Debit Side), Credit: Income from Main Business, (5) Hedging Project Settlement with Engineering Construction:

Borrow: Project Settlement, Credit: Project Construction - Contract Cost, Engineering Construction - Contract Gross Profit, If the estimated total cost of the contract in a certain year exceeds the amount of the total contract revenue, the entry of the revenue recognized in the current year is:

Borrow: main business cost, credit: main business income, gross profit of engineering construction contract, and make another entry for inventory price decline

Loan: asset impairment loss, Credit: provision for inventory decline.

Engineering construction is the construction of new construction, expansion, reconstruction activities, generally will be the construction business, set up engineering construction subjects, accounts receivable accounting, the relevant accounts office argument digging reason?

Accounting entries for engineering construction.

The actual contract costs incurred.

Borrow: engineering construction.

Credit: Payable employee remuneration and other checks.

The price of the project that has been settled.

Debit: Accounts receivable.

Credit: Project settlement.

The price of the training project has been collected.

Borrow: Bank deposit.

Credit: Accounts receivable.

Recognized revenue, expenses, and gross profit.

Borrow: Engineering Construction - Gross Profit.

Cost of Principal Operations.

Credit: main business income.

When the project is completed, the balance of the Engineering Construction account is offset with the balance of the Construction Settlement account.

Borrow: Project settlement.

Credit: Engineering Construction.

What is Engineering Construction?

Engineering construction is a special accounting subject for construction and installation enterprises to collect and calculate the cost of the project, and it is the activity of new construction, expansion and reconstruction of the construction project according to the requirements of the construction project design documents. The construction of the project consists of four details: labor costs, material costs, machinery costs, and other direct costs.

What is Project Settlement?

The project settlement account is a special accounting account for the construction contractor, which is generally used to calculate the cumulative amount of settlement between the enterprise (construction contractor) and the owner according to the construction contract. This account shall be accounted for in detail in accordance with the construction contract. When the enterprise settles the project price with the owner, it shall debit the account of "accounts receivable" and credit this account according to the amount that should be settled.

When the contract is completed, the balance of this account is hedged against the "Engineering Construction" account of the relevant engineering construction contract, and this account is debited and the "Engineering Construction" account is credited. The credit balance at the end of the period of this account reflects the accumulated amount of the settlement of the unfinished construction contract of the enterprise.