Is it legal to conduct business within the company and between affiliated companies?

1. Your business with another branch (a).

Your unit does the accounting.

Debit: Accounts Receivable - Company A.

Credit: main business income.

Tax Payable – VAT payable (output tax).

2. When another branch (b) collects money.

The company does the accounting, you don't have to.

Borrow: Bank deposit.

Credit: Other payables — your company.

3. Company B will return the money to you.

Company B's accounting treatment:

Debit: Other payables – your company.

Credit: Bank deposits.

Your company's accounting processing:

Borrow: Bank deposit.

Credit: Accounts Receivable - Company A.

This entry can only be made by your company according to the agreement entrusted to Company B.

The branch you're talking about.

Borrow: cash or bank deposit.

Credit: Other payables – the name of your company.

When the money is transferred to you:

Debit: Other payables.

Credit: cash or bank deposit.

When your own company receives the payment.

Borrow: cash or bank deposit.

Credit: Accounts receivable.

Personal Closure!

Suppose A entrusts B to collect money.

1) When the payment is not received.

Company A: Borrow: Other Receivables - Company B.

Credit: Accounts Receivable - Units in Arrears.

Company B: Debit: Accounts Receivable - Unit in Arrears.

Credit: Other Payables - Company A.

2) When the payment is received.

Company A. Borrow: Bank deposit.

Credit: Other Receivables - Company B.

Company B. Borrow: Bank deposit.

Credit: Accounts Receivable - Units in Arrears.

When the money is repaid to Company A, it is debited: Other payables - Company A.

Credit: Bank deposits.

AffiliatesThe business dealings between them are legal.

Connected transactions between companies.

If it involves matters within the normal scope of business, it is not an illegal yuandan. The requirements for voting procedures and information disclosure are legal and compliant. On the contrary, non-fair related party traders are subject to certain legal liabilities.

An unfair related-party transaction refers to a specific related-party transaction in which the substance of the transaction is mainly that the result of the transaction is essentially unfair and detrimental to the relevant stakeholders of the transaction, especially the exchange.

Non-related parties involved.

Benefits. <>

What are the adverse effects of related-party transactions on the company: tremor

1. Related-party transactions may increase the company's operating risks, make the company fall into financial difficulties, and may generate bad debts.

Risks: Potential financial risks to the Company if the Majority Shareholder provides guarantees, funds or the Majority Shareholder otherwise appropriates the Company's funds; If there is an unequal transaction with the major shareholder and related persons, the company's profit will be reduced.

2. It affects the company's ability to operate independently and reduces its ability to resist external risks. Too many related-party transactions will reduce the company's competitiveness and independence, and make the company overly dependent on related parties, especially major shareholders. For example, some companies purchase raw materials and sell products mainly to related parties, and their operational autonomy is subject to many restrictions.

Related-party transactions between companies are a new type of transaction, but because of the increase in the number of companies involved in related-party transactions, the system of different opinions will also increase, so it is likely to have a certain impact on the company's operation. Any transaction method must not involve illegal projects, otherwise it will be punished by law.

The meaning of the current business:

What does the current business mean in the process of accounting for the current business between a commercial bank and a ** bank? It mainly involves the following accounting subjects: "deposit of ** bank funds" account "deposit of ** bank funds" account is the subject of capital manuscript and closed property, and the current business is used to account for various funds deposited by commercial banks in ** bank, and the current business includes the withdrawal or deposit of cash, the transfer of funds, the exchange of bills in the same city and the transfer of funds across the system in different places.

When the deposit in the ** bank increases, the current business is recorded on the debit side of the "deposit ** bank money" account, and when the deposit decreases the key split, it is credited to the "deposit ** bank money" account; The balance is on the debit side, indicating the balance of the commercial bank's deposit in ** bank. According to the nature of the deposited funds, two detailed accounts of "reserve deposit account" and "financial deposit account" can be set up in the account of "deposit of ** bank funds" of current business.

1."Reserve deposit account" This account is used to account for the reserve deposit deposited by the commercial bank in the ** bank for clearing the business capital position, and the current business is the basic account for accounting the business between the commercial bank and the ** bank. All the capital and account transactions between commercial banks and ** banks are accounted for through this account.

2."Financial Deposit Account": This account is used to calculate the financial deposits of ** banks deposited by commercial banks. When a commercial bank deposits or increases its financial deposits with ** bank in accordance with the regulations, it will be recorded as a debit in the account and a credit in the account when the financial deposits are reduced; The balance on the debit side indicates the balance of the commercial bank's financial deposits in ** bank.

Included in other receivables, other payables.

Other receivables refer to various receivables and temporary receivables other than the resale of financial assets, notes receivable, accounts receivable, prepaid accounts, dividends receivable, interest receivable, subrogation recoveries receivable, reinsurance receivables, reinsurance contract reserves receivable, long-term receivables, etc.

Its main contents include various compensation receivables and fines, such as compensation collected from relevant insurance companies due to accidental losses caused by enterprise property, etc.; Rental of rental packaging receivable; Various advances that should be collected from employees, such as water and electricity bills advanced for employees, medical expenses that should be borne by employees; Reserve fund (reserve fund allocated to the turnover and use of various functional departments, workshops, and personal stools of the enterprise); deposit a security deposit (e.g. a deposit paid for renting a collapsed package); Advance payments are transferred in; Other receivables and provisional payments.

Other payables refer to the payments payable or temporarily received from other units or individuals that are not directly related to the main business of the enterprise, such as the rent payable for leased fixed assets and packaging, the deposit of deposits, the overall pension payable, and the wages not received by employees on time.

It refers to the payables and temporary receipts incurred by enterprises outside the commodity trading business. It refers to the amount payable or temporarily received from other units or individuals other than bills payable, accounts payable, wages payable, profits payable, etc.

If an enterprise has any of the following relationships with other enterprises, organizations or individuals, it constitutes an affiliated relationship as mentioned in the announcement:

1) One party directly or indirectly holds more than 25% of the total shares of the other party; More than 25% of the shares held by both parties directly or indirectly by a third party. If one party indirectly holds shares in the other party through an intermediary, as long as its shareholding in the intermediary reaches more than 25%, its shareholding in the other party shall be calculated according to the shareholding ratio of the intermediary party to the other party.

2) Both parties have a shareholding relationship or are both held by a third party, and although the shareholding ratio does not reach the requirements of Paragraph (1) of this Article, the total amount of borrowed funds between the two parties accounts for more than 50% of the paid-in capital of either party, or more than 10% of the total amount of all borrowed funds of one party is guaranteed by the other party (except for loans or guarantees with independent financial institutions).

Affiliated business transactions refer to the economic business transactions that occur between enterprises or individuals with related relationships to transfer resources or obligations.

Enterprises generally refer to legal persons or other social and economic organizations that use various factors of production (land, labor, capital, technology, and entrepreneurial talents, etc.) to supply goods or services to the market for the purpose of making profits and profits, and implement independent management, self-responsibility for profits and losses, and independent accounting.

The business dealings between the taxpayer and its affiliated enterprises shall be charged or paid in accordance with the business dealings between the independent enterprises. If the DAO does not collect or pay the price or fee in accordance with the business transactions between independent enterprises and reduces its taxable income, the tax authorities may make reasonable adjustments in accordance with the provisions of the Law of the People's Republic of China on the Administration of Tax Collection and Collection and its implementation rules.

The principles of adjustment are:

1) According to the expenses of carrying out the same or similar business activities between independent enterprises;

2) the level of revenue and profit that should be obtained from resale to an unrelated third party**;

3) according to the cost plus reasonable expenses and profits;

4) In accordance with other reasonable methods.

Taxpayers and their associated enterprises.

The business transactions between DU enterprises shall be collected or disbursed in accordance with the DAO business transactions between independent enterprises.

The price and fee can be used in the payment. If the taxable income of an independent enterprise is reduced by not collecting or paying the price or fee in accordance with the business transactions between the independent enterprises, the tax authorities may make reasonable adjustments in accordance with the provisions of the "Law of the People's Republic of China on the Administration of Tax Collection" and its implementation rules.

The principles of adjustment are:

1) According to the expenses of carrying out the same or similar business activities between independent enterprises;

2) the level of revenue and profit that should be obtained from resale to an unrelated third party**;

3) according to the cost plus reasonable expenses and profits;

4) In accordance with other reasonable methods.

It should not be recorded truthfully for the purpose of profit.