Write off of prepaid accounts

According to the previous verification method, what I have experienced is two, one is one: according to the bank given the "** import foreign exchange payment verification form (declaration form)", which is marked with the verification number of this business, and then attached the remittance application, customs declaration, contract, invoice, according to these registration "import foreign exchange payment ** arrival verification form", in duplicate, stamped with the official seal, to the State Administration of Foreign Exchange on-site verification, this one is the earliest.

The second is to cancel the "** import foreign exchange payment verification form (declaration form)", and then on the arrival verification form, fill in the payment in the column of the verification number, bank payment declaration number, to run one more trip to the State Administration of Foreign Exchange, because the State Administration of Foreign Exchange through the declaration number you provide, log in to the verification system, inform you of the corresponding verification number of the payment, and then you re-register two copies of the arrival verification form with the verification number. This is the pre-reform approach.

I am from Shandong, on May 1 this year, the pilot reform has been carried out, the new reform system, in the initial contact, there is a certain degree of difficulty, mainly because of the unfamiliar business, so, the relevant books and materials issued by the State Administration of Foreign Exchange, we must read more

The State Administration of Foreign Exchange has a notice, we also went to get a copy of the goods ** import payment management bank, enterprise operation guidelines and CD-ROM, after the reform, imports do not need to go to the State Administration of Foreign Exchange for verification, the State Administration of Foreign Exchange organizes an assessment every quarter, as long as the amount of foreign exchange paid and the value of the goods received within a reasonable range, there is no problem, if there is a problem, the State Administration of Foreign Exchange will give a notice, so that the situation is declared in the system of the CD-ROM. We have several import transactions that have not been written off this year, so you can consult your local foreign exchange bureau for details, after all, they are the most familiar with local policies.

You are talking about the reform of import foreign exchange payment, which will be put into trial operation from November 20.

Prepaid Accounts. The reversal process is as follows:

1. Prepaid accounts are an asset class account, the debit side records the prepaid amount, the credit side records the prepaid amount, and the account should be the debit balance, indicating that the prepaid but not yet received the payment for products or services;

2. The reversal of prepaid accounts generally includes the receipt of corresponding products or services, or the return of the prepaid money by the other party. Next, they are made accounting entries.

the form of the explanation;

3. When the enterprise receives the corresponding products or services, the VAT invoice should be used as the basis for accounting;

4. If the invoice amount is greater than the original prepaid amount, it means that the enterprise still needs to pay the other party;

5. If the invoice amount is less than the original prepaid amount, it means that the enterprise has not received all the goods or services;

6. If the other party returns the prepaid amount, it is also necessary to reverse the prepayment.

Prepaid accounts belong to a current account account, enterprises should set up secondary accounts according to the name of the unit under the prepaid accounts, and regularly track each prepayment, if necessary, to reconcile the current accounts with the relevant units. For long-term prepaid accounts that have not been reversed, enterprises must pay attention to them and deal with them in a timely manner.

Reversal is the concept of accounting, which refers to the meaning of mutual elimination, that is, the offsetting of erroneous accounting records so that they are eliminated within the same amount. To put it simply, it is to make an opposite entry according to the original entry, or make an equal red letter.

Entries, erasing the original accounts or clearing the accounts that have been recorded.

Prepaid accounts refer to the advance of monetary funds in accordance with the provisions of the purchase contract.

or monetary equivalents for the payment of ** units.

In daily accounting, the prepaid accounts are recorded according to the actual amount paid, such as the prepaid materials, commodity purchase payments, and the pre-purchase deposits for agricultural and sideline products that must be issued in advance and recovered later.

Wait. For purchasing companies, prepaid accounts are a current asset.

Prepaid accounts generally include prepaid payment and prepaid purchase deposit. The prepaid accounts of construction enterprises mainly include prepaid project payments, prepaid material payments, etc.

Prepaid accounts write-off accounting treatment + whether it is a gain or a loss.

Accounting treatment of prepaid accounts: The enterprise should set up the "prepaid accounts" accounting account to account for the amount advanced by the enterprise to the ** unit in accordance with the provisions of the purchase contract. (1) The prepayment made by the enterprise for the purchase of goods shall be debited to the "prepaid account" account and credited to the "bank deposit" account.

2) When receiving the purchased materials, according to the invoice and bill, the amount that should be included in the cost of purchased materials shall be debited to the accounts of "material procurement" or "raw materials" and "inventory goods", and the account of "tax payable - VAT (input tax)" shall be debited according to the VAT amount indicated on the special invoice, and the account of "prepaid accounts" shall be credited according to the amount payable. (3) The supplementary payment shall be debited to the account of "prepaid accounts" and credited to the account of "bank deposits"; (4) To return the overpaid amount, the "Bank Deposit" account is debited and the "Advance Payment" account is credited. Enterprises with small prepayments can also directly debit the prepaid amount to the "Accounts Payable" account, instead of setting up the "Prepaid Accounts" account.

If there is conclusive evidence that the prepaid accounts of the enterprise do not conform to the nature of the prepaid accounts, or there is no hope of receiving the purchased goods due to the bankruptcy or cancellation of the supplier, the amount originally included in the prepaid accounts shall be transferred to other receivables. The enterprise should debit the "Other receivables - prepaid accounts transferred in" account and credit the "Accounts prepaid" account according to the book balance of the prepaid accounts that are not expected to receive the purchased goods.

Fixed assets should be accounted for at the actual cost at which they were destroyed at the time of acquisition. Specifically: (1) The purchased fixed assets shall be recorded according to the actual purchase price paid or the original book value of the unit sold (deducting the original installation cost), packaging costs, transportation and miscellaneous expenses and installation costs.

2) Self-built fixed assets shall be accounted for according to all expenditures actually incurred during the construction process. The interest on borrowings and related expenses of fixed assets incurred before the fixed assets have been delivered for use or put into use but the final accounts have not yet been completed, as well as the exchange differences of foreign currency borrowings, shall be included in the value of fixed assets; After that, the interest and related expenses of the surplus borrowings and the exchange differences of foreign currency borrowings shall be included in the profit or loss for the current period. Fixed assets that have been put into use but have not yet gone through the handover procedures can be recorded at the estimated value first, and then adjusted after the actual value is determined.

3) The solid filial piety pure fixed assets invested by other units shall be recorded according to the appraisal confirmation or the ** agreed in the contract or agreement. (4) The fixed assets leased by financial lease shall be recorded according to the lease agreement to determine the purchase price of equipment, transportation costs, insurance premiums on the way, installation and commissioning fees and other expenses. (5) For fixed assets that are reconstructed or expanded on the basis of the original fixed assets, the original book price of the original fixed assets shall be subtracted from the valuation income incurred in the process of reconstruction and expansion, plus the increased expenditure due to the reconstruction and expansion.

6) The value of the donated fixed assets shall be determined according to the market ** of the same type of assets or relevant vouchers. All expenses incurred when accepting the donation of fixed assets shall be included in the value of fixed assets. (7) Fixed assets with surplus shall be recorded at the full replacement value.

Accounting Entries Credit: Fixed Assets Credit: Bank Deposits.

The write-off method of pre-receivables is divided into: the first question B, write-off according to the balance. c Write off the second question according to the documents b Write off the balance C Write off the collapse of the documents According to the documents, it is not right to write off according to the amount incurred, because it is receivables and advance receipts, so it is not written off according to the inventory, and the inventory is calculated as a cost.

Even if it is an automatic write-off, it is also known that it is not a manual write-off for reference.

Article 22 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China (Order No. 512 of 2007) The other income mentioned in Article 6 (9) of the Enterprise Income Tax Law refers to the income obtained by the enterprise in addition to the income specified in Article 6 (1) to (8) of the Enterprise Income Tax Law. Subsidy income, liquidated damages income, exchange and hail income, etc.

The current tax law does not stipulate that the approval of the tax department is required for the write-off of the payable that cannot be paid, and we understand that as a profit of the enterprise, certain procedures should be completed in accordance with the financial system of the unit before the write-off. At the time of write-off, it is debited"Accounts payable", credited"Non-operating income"and attach sufficient and appropriate evidence to support the write-off conclusion.

What notes payable include?

Bills payable refer to commercial bills issued and accepted by enterprises for the purchase of materials, commodities and services, including commercial acceptance bills and bank acceptance bills.

1.A commercial acceptance bill is accepted by a payer other than a bank. The commercial acceptance bill shall be issued by the selling enterprise or the purchasing enterprise according to the agreement between the two parties to the transaction, but shall be accepted by the purchasing enterprise.

2.Banker's acceptance draft is a kind of commercial bill. It is a bill issued by a depositor who has opened a deposit account in the acceptance bank, applies to the opening bank and is approved by the bank for acceptance, and guarantees to unconditionally pay the determined amount to the payee or bearer on the specified date.

Write-off is the concept of accounting, which refers to the meaning of mutual offset, that is, the offsetting of the wrong accounting records so that they are eliminated within the equal amount. To put it simply, it is to make an opposite entry according to the original entry, or make an equal red letter entry. The specific accounting treatment is as follows:

In the case of prepayment, debit: prepaid, credit: bank deposit, when reversing prepayment, debit: inventory goods, tax payable - VAT payable (input tax), credit. Prepaid Accounts.