Can the internal accounts of enterprises be based on cash receipts and payments?

The internal account is the real account within the company, which records all the economic business of the company, which is for the management of the enterprise, all the income and expenditure must be listed, and all the documents of the real business must be made. In short, internal accounts are mainly used for internal management, reflecting the most real income, expenses, profits, and balances of various accounts of the enterprise.

The cash basis is to deal with economic operations based on the actual receipt and payment of funds, determine the income and expenses of the current period, and calculate the profit and loss of the current period. On the basis of cash receipts and payments, expenses actually paid in cash in the current period, regardless of whether they should be compensated in the current income, shall be treated as accrued expenses for the current period; Any cash income actually received in the current period, whether or not it belongs to the current period, shall be treated as income accrued in the current period; Conversely, income not received in cash in the current period and expenses not paid in cash are not treated as income and expenses for the current period, even if they are attributable to the current period.

For example, the factory received in January 1993 and deposited 50,000 yuan in sales receivables in 1992 in the bank, although this income was not generated in January 1993, because the income was received in January, it was also treated as income in January 1993 on the basis of cash receipts and payments. The advantage of this method of treatment is that the calculation method is relatively simple and conforms to people's living habits, but the profit and loss calculated according to this method is unreasonable and inaccurate, so the "Accounting Standards for Business Enterprises" stipulates that enterprises do not adopt it, and it is mainly used in administrative institutions and self-employed individuals.

On the basis of cash receipts and payments, the accounting does not consider the issues of pre-received income, prepaid expenses, and accrued income and accrued expenses when dealing with economic transactions, and there is no need to make account adjustments at the end of the accounting period, because the actual payments received and payments have been recorded in the accounts, so the income and expenses of the current period can be directly determined according to the account book records, and compared to determine the profit and loss of the current period.

Cash basis.

Applicable to administrative institutions; and accrual.

It is applicable to for-profit enterprises.

At present, the accounting of administrative units in China adopts the realization of receipts and payments as accounting.

In addition to the accrual basis for the accounting of public institutions, the accounting of public institutions can also adopt the realization of receipts and payments as the basis of accounting.

Accrual accounting, also known as the receivables and payables principle, is a principle that determines the attribution period of income and expenses based on the occurrence of rights and liabilities. refers to all expenses that have been received and incurred or should be borne during the current period, regardless of whether they have been received or paid, and are treated as income and expenses for the current period; Conversely, income and expenses that are not part of the current period should not be treated as income and expenses for the current period, even if the amount is received or paid in the current period.

The accrual basis of accounting is a requirement for the recognition and measurement of accounting elements, which solves the problem of when and how much income and expenses are recognized. In order to correctly divide and determine the financial results of each accounting period of Xiaoqiao, the "Accounting System for Business Enterprises.

It is stipulated that enterprises must use accrual accounting as the basis for bookkeeping.

The cash basis is also known as the "cash basis" or "pay-as-you-go basis". It is the symmetry of "accrual accounting". In accounting, it is a method of determining the income and expenses of the current period based on whether the money has been received or paid as the calculation standard.

All payments actually received or paid during the period, whether or not they occurred or should have been borne by the current period, are treated as income and expenses for the current period.

Public institutions generally refer to the promotion of social welfare.

Social organizations that meet the needs of society in the fields of culture, education, science, and health, and provide various social services as their direct purpose.

Public institutions generally do not have profit as their direct purpose, and their work results and values are not directly expressed or mainly not expressed in measurable material or monetary forms. Public institutions are relative to enterprises, and public institutions include some units that work as civil servants and are state institutions.

branches. China's public schools are the most typical administrative institutions.

Enterprises with relatively simple business and few accrued income, accrued expenses, pre-received income, and prepaid expenses, as well as government agencies, institutions, organizations and other units, adopt the cash payment system.

The cash basis is a measurement basis for the two elements of accounting, income and expenses, which correspond to the accrual basis. The cash payment system, also known as the actual receipt-and-payment system, refers to the recognition of current income and expenses based on the actual receipt or distressed payment in accounting.

The following two points should be achieved when handling accounting business according to the principle of cash basis.

1. All income actually received in the current period and unpaid expenses of the current period, regardless of whether they should be attributed to the current period, shall be treated as income and expenses of the current period;

2. Any income not received in the current period and expenses that have not been paid in the current period shall not be treated as income and expenses of the current period, even if they should be paid for the current period early.

Therefore, the cash basis is adopted, the accounting treatment procedures are relatively simple, and the existence of accrued income, accrued expenses, pre-received income and prepaid expenses can be disregarded in accounting.

At present, most enterprises use the accrual basis, and only a small number of public institutions, accountants may adopt the cash basis.

Summary. Accounts receivable are held on a cash basis. Because under the realization of receipts and payments, the recognition of income is based on the actual receipt of cash, so when the income occurs, if no cash is received, then the income is not recognized, and the accounts receivable cannot be formed, so under the basis of the cash receipts and payments system, since the accounts receivable are not formed, there is no need for accounting treatment.

The company's internal accounts are based on the cash basis, so how to record accounts receivable.

Accounts receivable are held on a cash basis. Because under the realization of receipts and payments, the recognition of revenue is based on the actual receipt of cash, so when the receipt of the transaction occurs, if no cash is received, then the sedan does not recognize the revenue, and the accounts receivable cannot be formed, so under the basis of the cash receipts and payments, since the accounts receivable are not formed, there is no need for accounting treatment.

So how to account for the uncollected money.

Outstanding receivables.

For example, if the income from a service is not received, how to make an account.

Because the internal account is processed on a cash basis, no income is processed if the payment is not received.

Don't have to do accounting entries anymore?

Is the company's internal accounts all on a cash basis?

Dear, yes. Yes.

Summary. Kiss <>

Thank you very much for your patience, I am honored to answer for you, for your inquiry: the accrual principle, also known as the accrual basis, accrual principle: a principle that determines the attribution period of income and expenses based on the occurrence of rights and liabilities.

It refers to the recognition of income and expenses and claims and liabilities for the current period by the occurrence of the right to receive cash or the liability to pay cash. That is, income is recognized according to the occurrence of cash income and future cash income claims; Expenses are recognized as cash outlays and future cash outlay liabilities are incurred. Rather than recognizing revenue expenses in terms of cash receipts and payments.

In accordance with the accrual principle, all income realized in the current period and expenses incurred or should be borne in the current period, regardless of whether the payment has been received and paid, should be treated as income and expenses for the current period; Income and expenses that are not part of the current period, even if they have been received and paid in the current period, should not be treated as income and expenses for the current period. Therefore, accrual accounting is a requirement for the recognition and measurement of accounting elements, which solves the problem of when and how much income and expenses are recognized.

Is the cash basis, also known as the accrual basis, applicable to enterprise single pairs?

Kiss <>

Thank you very much for your patience, I am honored to answer for you, for your inquiry: accrual system is also known as accrual basis, accrual principle: a principle that determines the attribution period of income and expenses based on the occurrence of rights and responsibilities.

It refers to the recognition of income and expenses and claims and liabilities for the current period by the occurrence of the right to receive cash or the liability to pay cash. That is, income is recognized according to the occurrence of cash income and future cash income claims; Expenses are recognized as cash outlays and future cash outlay liabilities are incurred. Rather than recognizing revenue expenses in terms of cash receipts and payments.

In accordance with the accrual principle, all the income realized in the current period and the expenses incurred or should be borne should be treated as the income and expenses of the current period, regardless of whether the payment has been received and paid. Income and expenses that are not part of the current period, even if they have been received and paid in the current period, should not be treated as income and expenses for the current period. Therefore, accrual accounting is a requirement for the recognition and measurement of accounting elements, which solves the problem of when and how much income and expenses are recognized.

Hello dear, the cash system, also known as the cash system or the actual payment system, is based on the cash received or paid as the standard to remember the realization and cost of the receipt. Under the cash basis, the attribution period of income and expenses will be closely linked to the occurrence or absence of cash receipts and disbursements. In other words, cash receipts and expenditures are recorded as income and expenses in their entirety, regardless of whether the economic transactions linked to the cash receipts and expenditures are substantively occurring.

Financial accounting is not a cash basis, but an accrual basis.

1. Financial accounting is a method of systematically recording and analyzing the economic activities of a business, aiming to provide information about the financial status, operating results and cash flow of a business. On the other hand, the cash basis is an accounting method that requires a company to include income and expenses in its financial statements when it receives and disburses cash.

2. Under the cash system, the enterprise will only include the corresponding income or expenditure at the actual time when it receives the payment or pays the expenses, rather than according to the delivery time of the goods or services. This method of accounting can help companies better understand their actual cash flows, as well as future cash flows** and planning.

3. Accrual accounting is an accounting method that requires an enterprise to include relevant income and expenditure in its financial statements when it has economic events, rather than based on the actual time of cash receipt and payment. This accounting method can help businesses better understand their operating results and financial health. Cash-based accounting is a method of accounting.

Definition of Financial Accounting:

1. Financial accounting is a method of recording and reporting the economic activities of an enterprise, aiming to provide information about the financial status, operating results and cash flow of the enterprise to internal and external stakeholders of the enterprise. It is one of the most basic parts of enterprise financial management, and it is an important hand-based search section of enterprise management.

2. The purpose of financial accounting is to provide effective financial information for internal management and external stakeholders to make balanced decisions. It helps business managers understand the financial status and operating results of the enterprise, as well as the future cash flow ** and planning. At the same time, it also provides investors, creditors, businessmen and other stakeholders with information about the financial health and operations of the enterprise.

3. Financial accounting relies on a complete accounting system to record and report the economic activities of enterprises, including basic accounting theories, accounting standards and principles, and accounting information systems. These tools and methodologies can be used to collect, record, process, and report on corporate financial information and to ensure its accuracy and reliability. Financial accounting also requires compliance with local laws and regulations and financial reporting requirements.

The cash system is recorded according to the date of actual occurrence, which can be recorded by credit and debit bookkeeping, or in the form of general journal splitting, and the early account can be judged according to the date of occurrence. The cash basis is a method of determining the income and expenses of the current period based on whether the payment has been received or paid as the calculation standard. All payments actually received or paid during the period, regardless of whether they occurred sooner or later or whether they should be borne by the current period, shall be treated as income and expenses for the current period.