What should be paid attention to in the real estate industry in financial budgeting

1. The financial budget of real estate development enterprises shall be carried out in strict accordance with the provisions of the financial system of the real estate industry, including journals, sub-ledgers and general ledgers.

2. There are assets, liabilities, owners' equity accounts, cost accounts and profit and loss accounts in the account settings.

3. There are industry characteristics in the setting of cost accounts, generally set up development costs and development product accounts, and should be set up according to detailed items in the development cost accounts, including pre-costs, development overheads, construction costs, supporting and ancillary costs, financial expenses and other detailed items. Whether to carry forward the monthly depends on the payment of the project money and the actual progress of the project, generally after the completion of the development cost will be transferred to the development of the product, usually only for the integration of the project.

4. Before the pre-sale or sale, generally only the land actually developed by the company shall pay land use tax and real estate tax, etc., after the pre-sale, the business tax and its surcharge shall be declared and paid according to the pre-sale income, the land value-added tax and stamp duty shall be paid in advance according to the sales income, and the enterprise income tax and land use tax shall be declared and paid according to the pre-sale rate.

5. After all the houses are sold, the LAT liquidation and income tax liquidation will be carried out, and the land use tax will not be paid.

This paper comprehensively and systematically expounds the latest academic achievements in the design, preparation, implementation, analysis and decision-making of financial budget management in the real estate industry, as well as some practical financial management skills. It is the allocation of various financial and non-financial resources in the real estate industry. The main reference and theoretical support for assessment, control and implementation of effective management.

Through a comprehensive analysis of the financial management of the real estate industry, the book finally provides a guiding model for the reasonable selection and design of financial ratios in the real estate industry, and the establishment of a scientific financial budget and monitoring system with practical application value. Therefore, this book has important practical value.

Set budget targets based on business and compile them.

1. There are no specific provisions on the budget for management expenses, financial expenses and sales expenses. In general, the real estate industry can budget according to a certain percentage of sales revenue, or you can refer to the expenses of the previous year to budget.

2. The LAT shall be declared and prepaid quarterly at 1% of the sales revenue, and the excess shall be refunded and the deficiency shall be compensated when the final settlement is made.

3. For some items in the period expenses (three fees), there are pre-tax deduction standards in the income tax law. Such as: business entertainment expenses, welfare expenses, employee education expenses, trade union funds, advertising expenses, etc.