Provisional cost processing is wonderful, how to temporarily estimate the cost into the account

Personally, I think: 1, the amount of the invoice is large, and I still use the actual receipt of the receipt. Because it is acceptable to have more invoices.

It is their business that the seller is willing to pay more taxes when they issue more invoices. You only need to ensure that the input tax is consistent with the invoice, and then the total price and tax is consistent with your payment, and the difference is put into the inventory.

For example, if you receive 1000 for the goods, you will pay 1170But the invoice was issued 2000,340 inputs, totaling 2340

Then I do it: borrow: inventory 1170-340 = 830 input 340

Credit: Banks. I won't write about the temporary write-off or something.,The backbone is this.。

2. What should I do if I can't issue an invoice? This is a matter of principle, and it cannot be recorded without an invoice! Definitely not. If the seller wants to figure out his own way, the tax bureau can also open it on his behalf. Without an invoice, any audit tax will not be recognized.

Your idea is to do the accounting properly, right?

Invoices belong to invoices, books of accounts belong to books, don't let taxes guide you to do accounts.

If you don't get the invoice, you will reduce the cost and increase the tax income after the year-end final settlement, and that's it.

If your purchase is so formal, then, is the sale also accompanied by an invoice? Or do you also wait for the customer to pay before invoicing? How do you do your invoicing? Do you do regular inventory? How is the loss done?

I've always been very opposed to making accounts only when there are invoices, and doing accounts according to invoices, and you have to stick the payment check stub on the additional check in the early days, you know?

In fact, the answer is clear to everyone, for example, the previous catering invoices were fixed, 85 yuan for eating, people give you an invoice of 100 yuan, do you do the account is 100 yuan or 85 yuan? Why? I think you've got your question right.

The provisional cost is recorded as follows:

Here's how:

1. Determine the percentage of the provisional cost or the amount of the delay. The provisional cost amount should be in accordance with the auditing standards of the financial statements.

2. Add the equivalent adjustment amount to the inventory amount to form a provisional cost.

3. Add the equivalent adjustment amount to the inventory amount to form a provisional cost.

4. Prepare expense statements, determine detailed expenditure information and provisional cost information.

5. According to the amount recorded in the provisional estimate, the corresponding amount is entered in the income statement, and the net profit is calculated in combination with income, pre-tax expenses, financial expenses and depreciation and amortization items.

6. According to the actual situation, verify or correct the original provisional estimated cost, and enter the total verified cost into the income statement.

Provisional cost recording is generally a technical detail in accounting that actually maintains the accuracy and reliability of accounting, as well as the timeliness and accuracy of financial statements. Provisional cost accounting allows the company to calculate costs throughout the process from the ground up, allowing for better cost control and a more accurate financial statement.

When provisionally estimated into storage: borrow: raw materials (provisional amount), credit:

Accounts Payable - Provisional Estimate No Invoice (xx** Quotient and First) (Provisional Amount). Provisional valuation means that the inventory has been put into storage this month, but the purchase invoice has not been received, and the storage cost of the inventory cannot be determined. At the end of the month, in order to correctly calculate the inventory cost of the enterprise, it is necessary to temporarily estimate this part of the inventory into the account and form a provisional valuation voucher.

Borrowed at the time of warehousing: inventory goods.

- Provisional valuation is recorded (excluding VAT).

Credit: Bank deposits.

When the invoice arrives. Borrow: Inventory of goods.

- Provisional valuation is recorded (excluding VAT) (in red).

Credit: Bank deposits.

red) borrow: inventory goods.

Tax payable--- VAT payable (input tax).

Credit: Bank deposits.

1.VAT is an off-price tax and cannot be charged before tax.

2.There is no direct tax law provision for the expenditure without invoices, that is, whether the provisional estimate is recognized by the tax authorities, but the more common practice is that you have sufficient evidence to prove that your provisional estimate materials have a reasonable basis, such as contracts, warehousing lists, etc. Moreover, the invoice should be issued before the final settlement.

According to you, there is a lot of hope that it can be credited to the account.

3.The specific regulations of the local tax authorities shall prevail.

Hello, happy to answer your questions.

1. Provisional estimation and warehousing.

Provisional valuation means that the inventory has been put into storage this month, but the invoice has not been received, and the warehousing cost of the inventory cannot be determined, and it needs to be provisionally estimated and recorded.

It should be noted here that the cost of provisional estimation is not as much as you want to enter, but should be determined according to the actual situation. Generally, it is recorded according to the list of goods or the ** agreed in the contract.

2. Provisional estimate of backflushing.

According to the regulations, the provisional estimate of warehousing should be reversed in red at the beginning of the next month, but in actual work, if the invoice of the current month is still not received, the beginning of the month is rushed back to the end of the month and the provisional estimate again, which will invisibly increase the workload, and it is generally rushed back when the invoice is received.

The accounting treatment of provisional valuation is as follows:

1. When the provisional estimate is recorded:

Borrow: Inventory of goods.

Credit: Accounts Payable - Provisional Estimates.

2. It must be noted that if the special VAT invoice is not obtained, the VAT input tax cannot be deducted. Therefore, there is no issue of provisional deduction of input tax, and in the above entries, the provisional amount should be tentatively estimated according to the caliber of excluding tax**.

3. Therefore, first of all, it should be temporarily estimated and recorded in accordance with the above provisions, and then, like other inventory commodities that are normally stored and recorded, the cost of issuing (including the sales out of the warehouse) should be calculated together. The preparation of accounting entries is:

Borrow: Cost of main business.

Credit: Inventory of goods.

4. Processing after receiving the invoice:

At the beginning of the next month, the provisional estimated warehousing cost was reversed, and the following entries were prepared in red:

Borrow: Inventory of goods.

Credit: Accounts Payable - Provisional Estimates.

After obtaining the invoice, prepare the official entry entry:

Borrow: Inventory of goods.

Debit: Tax Payable – VAT Payable (Input Tax) Payable

Credit: Accounts Payable - * Company, etc.

The method of accounting for provisional costs is as follows:

1. Provisional estimation and warehousing.

Borrow: Raw materials (tentative amount).

Credit: Accounts Payable - Provisional Estimate No Ticket (xx** Quotient Provisional Amount) and Posture.

2. Provisional estimate of backflushing.

1) The red letter is flushed back to the provisional estimate and storage.

Borrow: Raw materials (original provisional amount, in red).

Credit: Accounts Payable - Provisional Estimate No Ticket xx** Quotient (Original Provisional Estimate, in red).

2) Receive the invoice and do warehousing processing.

Debit: Raw materials (invoice excludes tax amount).

Tax Payable – VAT payable basis (input tax) (tax amount).

Credit: Accounts Payable - xx** Merchant (invoice amount including tax).

The most common problem of provisional valuation is that it is easy to reverse and difficult to write-off, especially when customers have many or long invoices to receive invoices.

First, the provisional estimate at the end of the month, the beginning of the month to rush back, to maintain the continuity of the accounts, so as not to be difficult to check due to the long time of the invoice has not arrived.

The second is the equipment audit (table), for each new temporary estimate of the account and the invoice to be written off in a timely manner, the inventory ledger and the warehouse ledger regularly and irregularly checked, to reduce the occurrence of errors.

However, if there is no balance at the beginning of the month for the same kind of goods this month, and there is no purchase and sale business, or the enterprise uses the individual valuation method to calculate the cost of issuing inventory, the difference between the provisional cost and the actual cost is huge.

How to do the accounting treatment of the provisional estimation of the cost is a common problem in the accounting work, for the provisional valuation business can be understood as the business that has not arrived on the delivery of the goods, many small partners are not very clear about the accounting treatment of the temporary valuation of the cost of the slag, this article will give a detailed introduction, let's understand it together!

How to account for the provisional cost estimate?

1. Provisional estimation and storage.

Borrow: Raw materials (tentative amount).

Credit: Accounts Payable - Provisional Estimate No Invoice (xx** Quotient) (Provisional Estimated Amount) Second, Provisional Estimate Backwash.

1) The red letter is flushed back to the provisional estimate and storage.

Borrow: Raw materials (original provisional amount, in red).

Credit: Accounts payable - provisional estimate No ticket xx** business (original provisional estimate, red letter) 2, receive the invoice, then do warehousing processing:

Debit: Raw materials (invoice excludes tax amount).

Tax payable - VAT payable (input tax) (tax amount) credit: accounts payable - xx** business (invoice tax included amount) How to account for the provisional cost of the project?

1. When it is not certified, the valuation is put into storage

Borrow: raw materials, low-value consumables, inventory goods, etc.

Loans: Cash in hand, bank deposits or current accounts.

2. Formal warehousing in the month of certification

Borrow: raw materials, low-value consumables, inventory goods, etc.

Tax Payable – VAT Payable - Input Tax.

Credit: Accounts such as cash on hand, bank deposits or currents.

Do I need to make tax adjustments to the provisional costs at the end of the year?

Answer: According to the relevant regulations, the actual and reasonable expenses related to the income obtained by the enterprise, including costs, expenses, taxes, losses and other expenses, are allowed to be deducted when calculating the taxable income. As long as the relevant vouchers for the goods purchased by the enterprise are received before the end of the annual final settlement, they can be included in the cost of the current year and deducted before the enterprise income tax.