What is the relationship between the undistributed profit of the balance sheet and the net profit of

Undistributed profit at the end of the period = undistributed profit at the beginning of the period + net profit realized in the current period - profit distributed in the current period (including the profit from various surplus reserves and ceding profits).

The result of undistributed profit needs to be calculated from net profit.

When accounting for undistributed profits, the following issues should be noted:

1) The accounting of undistributed profits is carried out through the account "Profit distribution - undistributed profits".

2) The accounting of undistributed profits is generally carried out at the end of the year, and at the end of the year, the net profit realized in the current year is carried forward to the credit of the "Profit Distribution - Undistributed Profits" account. At the same time, the amount of the current year's profit distribution is carried forward to the debit side of the "Profit distribution - undistributed profit" account.

3) The credit closing balance of the "Profit Distribution - Undistributed Profit" account carried forward at the end of the year reflects the accumulated undistributed profit, and the debit closing balance reflects the accumulated uncovered loss.

If there are no special circumstances, the amount at the end of the balance sheet minus the amount at the beginning of the period = the net profit from the income statement.

But some will cause this to be unequal:

Some special circumstances will directly affect the undistributed profits, such as the conversion of undistributed profits into capital, the provision of surplus reserves, etc., which will lead to this incompatibility.

Others, such as the acquisition of businesses at a premium, will not affect the income statement, but will affect the balance sheet.

In addition, there are some future events on the balance sheet, which are adjusted by adjusting for profit and loss of previous years, which will also affect the unallocated profit.

Undistributed profit from the balance sheet at the end of the period = undistributed profit from the negative balance sheet at the beginning of the year + accumulated net profit from the income statement for the current period + ( - the amount of profit and loss from the previous year adjusted from the "profit adjustment for previous years" account to the "undistributed profit" for the current year.

After the distribution of profits, the balance sheet and the income statement will not be incompatible. If it doesn't match, it's an accounting error. Two factors will be considered in the income statement under the accounting software, one is the direction of the balance of the account, and the other is the type of voucher.

In the usual accounting, it is necessary to keep the business occurrence of the entries consistent with the direction of the account balance, and pay attention to the final carry-forward entries, and the voucher type is the carry-forward profit and loss category, so as to avoid the uneven relationship between the balance sheet and the income statement. For accounts of the Income category, the balance direction is credit, and for accounts of the Cost or Expense category, the balance direction is debit. If the balance direction is not selected correctly, then the amount and balance direction are inconsistent, and the final income statement is likely to be incorrect.

Extended information: 1. The detailed accounts of profit distribution usually include: profit distribution - undistributed profits; Profit distribution – withdrawal of statutory surplus reserves; Profit distribution - withdrawal of arbitrary surplus reserves; Profit distribution - withdrawal of employee incentives and benefits**; Profit distribution – withdrawal of reserves**; Profit distribution - extraction of enterprise development**; Profit Distribution – Preferred Stock Dividends Payable Profit Distribution - Common Stock Dividends Payable.

If the boss wants to share the profits, he can make the following accounting entries:

1.Calculation of profit payable, debit: profit distribution - dividends payable on preferred shares or dividends payable on common shares, credit: profits payable.

2.Shareholders actually receive profits, borrow: profits payable, credit: bank deposits.

2. The relationship between the balance sheet and the income statement is as follows:

1. Balance sheet"Undistributed profits"Number of Account Endings-"Undistributed profits"Account Opening Number = Income Statement"Net profit"the cumulative number of subjects; 2. Income statement"Net profit"Subject+"Undistributed profit at the beginning of the year"- Profit distribution for the period - Provident Fund, Community Chest = Balance Sheet"Undistributed profit at the end of the period"the number of periods at the end of the period

3. As for the collusion relationship between the cash flow statement and the other two statements, it is more complicated, from another point of view, there is no certain collusion relationship between the statements alone, and the cash flow statement should be supported by a detailed account. According to the new Accounting Standards for Business Enterprises, small businesses are not required to issue cash flow statements.

Income statement. net profit and balance sheet.

undistributed profits.

No, in general, there is no equality relationship.

1. The "undistributed profit" item in the balance sheet reflects the accumulated undistributed profit or loss over the years, and this item should be calculated and filled in according to the balance of the "current year's profit" account and the "profit distribution" account.

2. The "net profit" item in the income statement reflects the net profit (or net loss) realized by the enterprise in the current period.

Net Profit = Total Profit - Income Tax Expense.

3. The collusion relationship between the "undistributed profit" item of the balance sheet and the "net profit" item of the income statement:

Undistributed profit at the end of the balance sheet period = undistributed profit from negative balance sheet at the beginning of the year + accumulated net profit from the income statement for the current period - Withdrawal of surplus reserve.

Distribution of dividends + surplus reserve to cover losses + (or) current year adjustment of prior years' profit or loss from the "prior year profit and loss adjustment" account to the amount of "undistributed profits".

1. The undistributed profit in the balance sheet and the net profit in the income statement are two different concepts. It can be said that the net profit on the income statement funds the profit distribution**. Therefore, at the end of the accounting period, the net profit (total profit net of income tax) of the enterprise shall be accounted for as follows:

Borrow: Profit for the current year.

Credit: Profit Distribution - Undistributed Profits.

2. The undistributed profit on the balance sheet is the balance after the distribution of net profit.

Undistributed profit on the balance sheet = undistributed profit at the beginning of the period + (net profit for the period - surplus reserve distributed - profit distributed to investors).

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1. The "undistributed profit" item in the balance sheet reflects the accumulated undistributed profit or loss over the years, and this item should be calculated and filled in according to the balance of the "current year's profit" account and the "profit distribution" account.

Net Profit = Total Profit - Income Tax Expense.

3. The collusion relationship between the "undistributed profit" item of the balance sheet and the "net profit" item of the income statement:

Undistributed profit at the end of the balance sheet period = undistributed profit from negative balance sheet at the beginning of the year + accumulated net profit from the income statement for the current period - Withdrawal of surplus reserve - Distribution of dividends + Excess reserve to cover losses + (or) The amount of profit or loss from previous years to "Undistributed Profit" from the "Profit and Loss Adjustment for Previous Years" account.

The relationship between the undistributed profit of the balance sheet and the net profit of the income statement

Undistributed profit at the end of the balance sheet period = undistributed profit from negative balance sheet at the beginning of the year + accumulated net profit from the income statement for the current period - Withdrawal of surplus reserve - Distribution of dividends + Surplus reserve to cover losses + (or -) Adjustment for the current year.

The amount by which the profit or loss of the prior year is transferred from the Profit and Loss Adjustment for Previous Years account to the Undistributed Profit.

For example, profit and loss adjustments (profit reductions) for previous years have an impact on undistributed profits.

1) Adjusted income tax loan: tax payable - income tax payable credit: profit and loss adjustment for previous years.

2) Transfer the balance of the "Profit and Loss Adjustment for Previous Years" account to the "Profit Distribution - Undistributed Profit" account.

Debit: Profit distribution - undistributed profits.

Credit: Prior Year Profit and Loss Adjustment.

3) Adjust the surplus reserve.

Borrow: surplus reserve.

Credit: Profit Distribution - Undistributed Profits.

The undistributed profit in the balance sheet is related to the total profit and net profit in the income statement, and the undistributed profit in the balance sheet = undistributed profit in the previous year + profit in the current year.

If the net profit has been transferred, the net profit will be added).

Not necessarily consistent.

1. The undistributed profit of the balance sheet is the cumulative number since the establishment of the accounts; The year-to-date in the income statement is only the data of the current year;

2. Generally speaking, in the balance sheet, the end of the period of undistributed profits - the beginning of the period = the cumulative net profit of the current year in the income statement. (However, if it involves the adjustment of profit and loss in previous years, or the occurrence of profit distribution, etc., it does not vary).

Inconsistency. Because the undistributed profit in the balance sheet refers to the undistributed portion of the net profit after tax after participating in the distribution.

Net profit refers to the company's profit retention after paying income tax in accordance with the provisions of the total profit, which is also known as after-tax profit or net income. Net profit is calculated as follows:

Net Profit Gross Profit (1 Income Tax Rate).

Net profit is the final result of an enterprise's operation, and the more net profit, the better the operating efficiency of the enterprise; If the net profit is less, the operating efficiency of the enterprise is poor, and it is the main indicator to measure the operating efficiency of an enterprise.

The amount of net profit depends on two factors, one is the total profit, and the other is the income tax rate. The income tax rate of enterprises is statutory, and the higher the income tax rate, the less net profit. At present, there are two kinds of income tax rates in China: one is the income tax rate of ordinary enterprises, that is, the total profits should be turned over to the state treasury as taxes; In addition, the preferential tax rate adopted for foreign-funded enterprises and some high-tech enterprises is 15.

When the operating conditions of the enterprise are comparable, the operating efficiency of the enterprise is better if the income tax rate is lower.