What does personal income tax belong to in the income statement, and what are the financial expenses

Personal income tax is not shown in the income statement and is reflected in the balance sheet.

Individual income tax is clearly stipulated in the "Accounting System for Business Enterprises" to be accounted for in the "tax payable" account, and there is a sub-heading "individual income tax payable", which belongs to the enterprise to collect for employees, and exceeds the individual income tax deduction amount and needs to be deducted from personal salary.

Financial expenses refer to the financing expenses incurred by enterprises in the process of production and operation to raise funds.

It includes interest expenses (minus interest income), foreign exchange gains and losses (some enterprises such as commodity circulation enterprises and insurance companies are separately accounted for and are not included in financial expenses), handling fees of financial institutions, cash discounts incurred or received by enterprises, etc. However, the interest expenses incurred during the preparation period of the enterprise should be included in the start-up expenses; Borrowing costs incurred for the acquisition, construction or production of assets that meet the conditions for capitalization should be capitalized"Construction in progress"、"Manufacturing costs"and other accounts.

Individual income tax is not listed in the income statement, it belongs to the enterprise for the employee, and needs to be deducted from the personal salary!

Financial expenses: bank interest, bank charges, exchange gains and losses!

Calculate Payroll: Borrow: Expense.

Credit: Employee Compensation Payable.

Withholding Tax:

Borrow: Employee remuneration payable.

Credit: Tax Payable - Individual Tax.

Therefore, the individual income tax is the part of the personal burden, but it constitutes a part of the cost and expense salary, and the insurance that is deducted from the tax and the personal burden is the actual amount of the individual.

Financial Expenses: Loan Interest, Bank Charges, Exchange Gains and Losses!

The individual income tax is borne by the individual and cannot be included in the income statement; Financial expenses include: interest expense, interest income, handling fees, and foreign exchange gains and losses.

1. Interest income is generally not reflected separately in the income statement.

2. The interest income in the income statement is reflected as a negative number"Finance Expenses"project. Interest income is a provision for financial expenses.

3. When the interest income is less than the expenditure item of 100 financial expenses, the financial expenses in the income statement are positive; When the interest income is greater than the expenditure item of the financial expense, fill in:"Negative"Stupid only.

4. If it is a financial software bookkeeping. Interest income should be recorded in the accounts and should be debited to the finance expense in the form of a negative or red number. Otherwise, an error will occur in the income statement issued by the system.

Interest refers to the remuneration that the holder of money (creditor) receives from the borrower (debtor) for lending money or money capital. It includes interest on deposits, loans and various bonds.

Under capitalism, the source of interest is the surplus value created by wage workers. The essence of interest is a special form of transformation of surplus value, which is part of the profit.

The income statement is based on the balance statement after the current month's closing;

Fill in the balance after the settlement of the current month, the cumulative number of this year = the number of this month + the cumulative number of the previous month;

Operating profit = operating income - operating costs - business taxes and supplementary questions plus - selling expenses - management expenses - financial answer expenses - asset impairment losses + fair value change gains (- losses) + investment income (- losses).

Total profit = operating profit + non-operating income - non-operating expenses.

Net Profit = Total Profit - Income Tax Expense.

Interest income should be filled in the enterprise income tax form, as an abnormal congratulatory income, according to the provisions of the enterprise income tax law, the enterprise income tax should be calculated according to the actual amount of the current period.

1. After closing the account at the end of the period, open the general ledger.

2. Inquire about the debit amount of the current period of the "income tax expense source brother" account.

3. Open the income statement.

4. Fill in the query results in the "Number of this month" column of the "Income Tax" item.

5. The cumulative number of this year is automatically calculated, and the calculation result should be consistent with the current year's debit amount of the "income tax expense" account.

Income tax expense refers to the income tax payable on the operating profits of an enterprise. "Income tax expense", which accounts for the income tax borne by the enterprise, is a profit and loss account; This is generally not equivalent to the income tax payable in the current period, as there may be "temporary differences". If there is only a permanent difference, it is equal to the income tax payable for the current period.

In response to the national taxation policy, the monthly income tax collection is realized by the method of monthly final settlement, that is, the policy of refunding more and making up for less. The specific performance is as follows: the enterprise sets up a final settlement account, and deposits a certain amount, and the tax is settled through the final settlement account when the income tax of the current period is calculated, and even if there is a difference in the later period, it will be returned or completed in the next accounting period.

Article 2 of the Individual Income Tax Law shall pay individual income tax on the following personal income: (1) income from wages and salaries; (2) Income from remuneration for labor services; (3) Income from author's remuneration; (4) Income from royalties; (5) Business income; (6) Income from interest, dividends and bonuses; (7) Income from property lease; (8) Income from the transfer of property; (9) Incidental gains.

Income tax expense refers to the income tax payable on the operating profits of an enterprise. There are two ways to calculate income tax expense: 1. Income tax expense = income tax payable + deferred tax liabilities - deferred tax assets; 2. Income tax expense = (accounting profit + or - permanent difference) 25%.

Article 2 of the Individual Income Tax Law shall pay individual income tax on the following personal income: (1) income from wages and salaries; (2) Income from remuneration for labor services; (3) Income from author's remuneration; (4) Income from royalties; (5) Business income; (6) Income from interest, dividends and bonuses; (7) Income from property lease; (8) Income from the transfer of property; (9) Occasional bent potatoes are obtained.

Income tax expense generally refers to the income tax payable on the operating profits of an enterprise. There are two ways to calculate income tax expense: one is income tax expense = tax payable + deferred tax liabilities - deferred tax assets; The second is the handzen income tax expense = (accounting profit + or - permanent difference) 25%.

Article 2 of the Individual Income Tax Law shall pay individual income tax on the following personal income: (1) income from wages and salaries; (2) Income from remuneration for labor services; (3) Income from author's remuneration; (4) Income from royalties; (5) Business income; (6) Income from interest, dividends and bonuses; (7) Income from property lease; (8) Income from the transfer of property; (9) Occasional burial of obstructions.

Income tax expense refers to the income tax payable on the operating profits of an enterprise. "Income tax expense", which accounts for the income tax borne by the enterprise, is a profit and loss account; This is generally not equivalent to the income tax payable in the current period, as there may be "temporary differences". If there is only a permanent difference, it is equal to the income tax payable for the current period.

In response to the national taxation policy, the method of monthly income tax collection and collection of monthly final settlement is realized, that is, the policy of refunding more and making up for less. The specific performance is as follows: the enterprise sets up a final settlement account, and deposits a certain amount, and the tax is settled through the final settlement account when the income tax of the current period is calculated, and even if there is a difference in the later period, it will be returned or completed in the next accounting period.

Article 2 of the Individual Income Tax Law shall pay individual income tax on the following personal income: (1) income from wages and salaries; (2) Income from remuneration for labor services; (3) Income from author's remuneration; (4) Income from royalties; (5) Business income; (6) Income from interest, dividends and bonuses; (7) Income from property lease; (8) Income from the transfer of property; (9) Incidental gains.