How to record new fixed assets .

1. If it is real estate, the accounting entries are:

Borrow: Fixed assets.

Credit: Bank deposits.

2. If it is machinery and equipment, etc., the accounting entries are:

Borrow: Fixed assets.

Tax Payable – VAT payable (input tax).

Credit: Bank deposits.

3. If it is a self-built fixed asset, the accounting entries are:

Borrow: Fixed assets.

Credit: Construction in progress.

4. If it is a leased fixed asset, the accounting entries are:

Borrow: Fixed assets.

Credit: Long-term payables.

Bank deposits 5. If it is a fixed asset, the accounting entries are:

Pre-Approval: Borrow: Fixed Assets.

Credit: Pending property loss and overflow.

After approval: Borrow: Pending property loss and overflow.

Credit: Non-operating income.

Fixed assets refer to non-monetary assets held by enterprises for the production of products, provision of labor services, leasing or operation and management, which have been used for more than 12 months and have reached a certain standard in value, including houses, buildings, machines, machinery, means of transportation and other equipment, appliances and tools related to production and business activities.

Fixed assets are the means of labor of an enterprise, and they are also the main assets on which an enterprise relies for production and operation. From the perspective of accounting, fixed assets are generally divided into production fixed assets, non-production fixed assets, leased fixed assets, unused fixed assets, unused fixed assets, financial lease fixed assets, and donated fixed assets.

Now the input tax on the purchase of automobiles can be deducted (provided that you are a general taxpayer) borrow: fixed assets.

Tax Payable VAT (input tax) payable

Management fees. Credit: Bank deposits.

Hope it helps!

Fixed asset. It should be recorded at the actual cost at the time of acquisition. Specifically:

1) The purchased fixed assets shall be recorded according to the actual purchase price paid or the original book value of the unit sold (deducting the original installation cost), packaging costs, transportation and miscellaneous expenses and installation costs. (2) Self-constructed fixed assets shall be accounted for according to all expenditures actually incurred during the construction process. In the fixed assets have not yet been delivered for use or have been put into use but have not yet been completed and the final accounts have not yet been processed.

Interest on borrowings and related expenses on fixed assets previously incurred, as well as exchange differences on foreign currency borrowings.

should be included in the value of fixed assets; Interest and related expenses on borrowings incurred thereafter, as well as exchange differences in foreign currency borrowings, shall be included in profit or loss for the current period. Fixed assets that have been put into use but have not yet gone through the handover procedures can be recorded at the estimated value first, and then adjusted after the actual value is determined. (3) The fixed assets invested in by other units shall be recorded according to the appraisal confirmation or the ** agreed in the contract or agreement.

4) The fixed assets of financial lease shall be accounted for according to the lease agreement to determine the purchase price of equipment, transportation costs, insurance premiums on the way, installation and commissioning fees and other expenses. (5) For fixed assets that are reconstructed or expanded on the basis of the original fixed assets, the original book price of the original fixed assets shall be subtracted from the valuation income incurred in the process of reconstruction and expansion, plus the increased expenditure due to the reconstruction and expansion. (6) The value of the donated fixed assets shall be determined according to the market ** of the same type of assets or relevant vouchers.

All expenses incurred when accepting the donation of fixed assets shall be included in the value of fixed assets. (7) Fixed assets with surplus shall be recorded at the full replacement value. Accounting entries.

Borrow: Fixed Assets Credit: Bank Deposits.

1. Common accounting methods for fixed assets.

1) When purchasing special materials for engineering and having experience in the library:

Borrow: engineering materials.

The "engineering materials" here include special materials ** and the total amount of value-added tax **).

Credit: Bank deposits.

2) When receiving special materials for the construction of warehouses:

Borrow: Zhongxiao Xing's construction project.

Credit: Engineering Materials.

3) When receiving a batch of cement produced for engineering construction

Borrow: Construction in progress.

Credit: Inventory of goods.

Taxes and fees due. - VAT payable (output tax.

4) When receiving a batch of purchased raw materials for engineering construction

Borrow: Construction in progress.

Credit: raw materials.

Tax Payable – VAT Payable (Input VAT transferred out.

5) When calculating the wages payable to the engineer and the source of care:

Borrow: Construction in progress.

Credit: Employee Compensation Payable.

Borrow: Construction in progress.

Credit: Bank deposits.

7) When the fixed assets have reached the usable state and have started to be used:

Borrow: Fixed assets.

Credit: Construction in progress.

8) Provision for depreciation of fixed assets.

When: Borrow: Management Expenses.

Credit: Accumulated depreciation.

Second, the main characteristics of fixed assets.

1.The value of fixed assets is generally relatively large, the use time is relatively long, and they can participate in the production process for a long time and repeatedly.

2.Although wear occurs in the production process, it does not change its physical form, but gradually transfers its value to the product according to its degree of wear, and its value is transferred to the product after the value transfer.

3. The monetary performance of fixed funds as fixed assets also has the following characteristics:

1.The cycle period of fixed funds is relatively long, and it does not depend on the production cycle of the product, but on the service life of the fixed assets.

2.The value compensation and physical renewal of fixed funds are carried out separately, the former is gradually completed with the depreciation of fixed assets, and the latter is realized by using the depreciation ** accumulated in ordinary times when the fixed assets cannot be used or are not suitable for use.

3.When acquiring and constructing fixed assets, a considerable amount of monetary funds need to be paid.

This investment is a one-time transaction, but the investment** is made through the depreciation of fixed assets in installments.

o Declaration is a general term that refers to the absence of profits. Rental equipment is subject to depreciation at historical cost or current market value, preferably with an appraisal. It's okay to do that now, but it's not a long-term solution.

No invoice cannot be entered into the account. And there is no income to enter.

When an enterprise accounts for new fixed assets, it generally involves three situations, namely, the enterprise itself purchases, investors invest and accept donations. In view of these three situations, Deep Space Network has sorted out the content of the corresponding accounting processing, let's understand it together.

1. The enterprise purchases fixed assets.

1. Purchase fixed capital that does not need to be installed

Borrow: Fixed assets.

Credit: Bank deposits.

2. Purchase of fixed assets to be installed

Borrow: Construction in progress.

Credit: Bank deposits.

3. When receiving installation materials and paying wages:

Borrow: Construction in progress.

Credit: raw materials.

Tax payable - VAT payable - input tax transferred out.

Employee Compensation Payable – Wages Payable.

4. When handing over the book and quietly paying for the use of fixed assets:

Borrow: Fixed assets.

Credit: Construction in the state of Sun.

2. Investors invest in fixed assets.

Borrow: Fixed assets (confirmed value of both investors).

Credit: paid-up capital.

3. Fixed assets donated by the enterprise.

Borrow: Fixed assets.

Capital reserve. Definition of a fixed asset.

Fixed assets refer to non-monetary assets held by enterprises for the purpose of producing products, providing labor services, leasing or operation and management, and used for more than one year, with a value of reaching a certain standard, including houses, buildings, means of transportation, machinery, and other equipment, appliances, tools, etc. related to production and business activities. Generally, the value of fixed assets is relatively large, the use time is long, and it can participate in the production process for a long time and repeatedly.

When determining a fixed asset, in addition to meeting its definition, it must also meet its recognition conditions

1. The economic benefits related to the fixed assets are likely to flow into the enterprise;

2. The cost of fixed assets can be reliably measured.