Can fixed assets be depreciated at one time?

Fixed asset. It is not possible to accrue depreciation all at once. Here's why:

1. The term of use of fixed assets by enterprises is long, and the service life is generally more than one fiscal year.

This characteristic indicates that the fixed assets of the enterprise are non-current assets.

The benefit period to the enterprise is more than one year, and it can create economic benefits for the enterprise in more than one year.

2. During the service life of fixed assets, the enterprise shall systematically apportion the accrued depreciation amount according to the determined method. The tax law stipulates that the depreciation of fixed assets calculated according to the straight-line method is allowed to be deducted.

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

houses, buildings, 20 years;

10 years for aircraft, trains, ships, machines, machinery and other production equipment;

5 years for appliances, tools, furniture, etc. related to production and business activities;

4 years for means of transport other than airplanes, trains, and ships;

electronic equipment, for 3 years.

3. If the fixed assets of the enterprise really need to accelerate depreciation due to technological progress and other reasons, the depreciation period can be shortened or the method of accelerated depreciation can be adopted. Fixed assets that can be shortened depreciation period or accelerated depreciation can be adopted, including: fixed assets with rapid product replacement due to technological progress; Fixed assets that are in a state of strong vibration and high corrosion all year round.

However, if the method of shortening the depreciation period is adopted, the minimum depreciation period shall not be less than 60% of the statutory depreciation period; Take an accelerated depreciation approach.

, you can take the double declining balance method.

Or the sum of years method.

The official website shall prevail.

According to accounting standards, depreciation of fixed assets cannot be accrued at one time. Depreciation is calculated according to the average life and double balance method, and can be included in the expense at one time in the tax law.

Fixed assets can not be depreciated at one time, the enterprise uses fixed assets for a long period of time, the service life is generally more than one fiscal year, the enterprise should be in the service life of the fixed assets, in accordance with the determined method of depreciation of the accrued depreciation amount of the system apportionment, can take the method of shortening the depreciation period or adopting the method of accelerated depreciation of fixed assets.

At present, depreciation of fixed assets cannot be made in a lump sum.

Summary. If you meet the requirements in the tax law, you can enjoy a one-time pre-tax deduction of fixed assets, but the depreciation in accounting cannot be depreciated at one time, and the one-time pre-tax deduction of fixed assets is a provision in the tax law; If the conditions for recognition of fixed assets are met, depreciation shall still be accrued in monthly according to the provisions of the standards. The resulting tax differences will be adjusted by filing the return.

Supplement: What are the issues to be paid attention to in the one-time depreciation of fixed assets: accounting needs to be handled according to accounting regulations, and tax treatment should be handled according to tax law regulations, which cannot be confused.

In accounting, if the expenses are included in a lump sum, first of all, the accounting is not standardized, and secondly, there is a suspicion of artificially adjusting the profits of the enterprise, and the assets that have been included in the cost and expense may be forgotten and missing. The policy is based on the Reply of the Ministry of Finance to Recommendation No. 6766 of the Second Session of the 13th National People's Congress (Cai Hui Han [2019] No. 4).

If you meet the requirements in the tax law, you can enjoy a one-time pre-tax deduction of fixed assets, but the depreciation in accounting cannot be depreciated at one time, and the one-time pre-tax deduction of fixed assets is a provision in the tax law; If the conditions for the recognition of fixed assets in accounting are met, the depreciation shall be calculated in monthly increments in accordance with the provisions of the standard Sun Yu. The resulting tax differences will be adjusted by filing the return. Added:

What is the problem of one-time depreciation of fixed assets: accounting needs to be treated according to accounting regulations, and tax treatment is according to tax law regulations, which cannot be confused. In accounting, if the expenses are included in a lump sum, first of all, the accounting is not standardized, and secondly, there is a suspicion of artificially adjusting the profits of the enterprise, and the assets that have been included in the cost and expense may be forgotten and missing.

The policy is based on the Reply of the Ministry of Finance to Recommendation No. 6766 of the Second Session of the 13th National People's Congress (Cai Hui Han [2019] No. 4).

It has been depreciated on a monthly basis, can the rest be depreciated all at once?

Generally, no.

The monthly cost is not enough, and I want to depreciate the fixed assets at one time.

If you want to ask the tax bureau specifically, my reply is no.

The reason for the depreciation of fixed assets is that it needs to be included in the cost of the product because of its cost.

Concept of depreciation of fixed assets:

Fixed assets in the process of use due to gradual wear and tear and increasingly obsolete, its value also with the reduction of Li Chao until the abandonment, this part of the reduction of the price of the value of the letter is called the depreciation of fixed assets, fixed assets in order to strengthen economic accounting, ** enterprises on a regular basis depreciation of fixed assets, as a new purchase of fixed assets.

One of the main characteristics of a fixed asset:

It can play a role in several production cycles and maintain its original physical form, and its value is gradually transferred to the products produced with the wear and tear of fixed assets, and the value of fixed assets transferred to the products is the depreciation of fixed assets.

Concept of Fixed Assets:

Non-monetary assets held by an enterprise for the purpose of producing products, providing labor services, leasing or operation and management, which have been used for more than 12 months and whose value reaches a certain standard, include houses, buildings, machinery, machinery, air transportation tools, and other equipment, appliances, tools, etc. 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, and fixed assets are generally divided into production fixed assets, non-production fixed assets, leased fixed assets, etc.

The tax law does not allow for a lump sum withdrawal.

The depreciation of fixed assets is the part of the value of fixed assets that is gradually lost in the process of use and transferred to commodities or expenses, and it is also the cost of fixed assets that is apportioned by enterprises during their useful life due to the use of fixed assets in the process of production and operation. Determining the depreciation range of a fixed asset is a prerequisite for accruing depreciation.

The depreciation of fixed assets is systematically allocated according to the determined method corresponding to the depreciation amount of fixed assets during the service life of fixed assets. Useful life refers to the expected life of a fixed asset, or the quantity of goods or services that the fixed asset can produce. Accrued depreciation is the amount of the original value of a fixed asset for which depreciation is accrued minus its estimated net residual value.