How to solve the contradiction of debt in construction and installation companies

1. Recognition of revenue. According to the relevant regulations on business tax, the tax payment time of construction and installation projects can be determined according to the method and time of project settlement, in other words, the income is recognized according to the settlement time of the project payment between the construction party and the contractor, and if it is settled on a monthly basis, the income will be recognized on a monthly basis. If the invoice is issued at the time of settlement, it is confirmed according to the time of invoicing, if not, it is confirmed according to the time of settlement.

From a tax point of view, you should pay taxes when you settle the bill, regardless of whether you receive the money or not. As far as I know, today's construction companies generally follow the process of settlement-invoicing-collection of money, so they generally pay taxes first and then collect money. There are also many invoices and income recognition only after receiving money, which may be suspected of violating the law, but if the tax authorities are not tight, they will not be too strict.

2. Confirmation of costs and expenses. Generally speaking, the cost of project A should be classified according to the project, that is to say, the cost of project A should be settled separately from project B, so that the profit can be accurately calculated. But if it really can't be done, then it can only be accounted for according to the proportion of the project.

For example: the total income of project A is 1 million yuan, the cost ratio is 80, and the progress of project A in January is 40, then the cost of project A is 100 80 40 320 yuan.

Article 8 of the new enterprise income tax law stipulates that reasonable expenses actually incurred by an enterprise in connection with the acquisition of income, including costs, expenses, taxes, losses and other expenses, are allowed to be deducted in the calculation of taxable income.

Therefore, except for expenses other than those specified in the new law and implementing regulations, as long as they are reasonable, they can be deducted, that is, as long as your cost-to-income ratio is reasonable, your accounting is recognized. However, it is important to communicate with the tax authorities beforehand.

The lower the asset-liability ratio of any enterprise, the better, but what you are talking about is not the asset-liability ratio, but your company's malicious default. If I were a ** businessman, I would have terminated my cooperation with you a long time ago!

Is the construction company's money not going back for the liabilities caused by it? Of course, the lower the debt, the better. It's not something you can decide, so talk to the leader, right?

The negative inventory of the construction enterprise is due to the over-transfer of the main business cost when estimating the transfer.

For external construction of construction enterprises, the cost is included in the "engineering construction" account and reflected in the inventory column of the balance sheet.

For unfinished projects, when carrying forward the cost of the main business, it will be carried forward month by month according to the budget amount according to the schedule. If there is an error in the estimation or it is believed that there will be a reason for the over-carry-over when adjusting the taxable income of the enterprise income tax, the inventory will be negative.

The inventory of the construction enterprise is negative, which can be adjusted through provisional valuation. But in the end, it is necessary to accurately calculate and pay taxes in accordance with the law.

1) Accounting Standards for Business Enterprises No. 1 5 - Construction Contracts is a standard that regulates the accounting treatment and disclosure of relevant information of construction contracts of construction contractors.

Construction contractor refers to an enterprise that constructs works (or large-scale assets) for customers under a contract, such as a construction and installation enterprise that contracts to build houses and buildings, and a manufacturing enterprise that contracts to build ships, aircraft, and large machinery and equipment. In order to reflect the operating costs and financial status of each year in a timely manner, the accountant cannot wait until the completion of the contract project to recognize the income and expenses, but should follow the requirements of the accrual system and follow the principle of proportionality, and reasonably recognize the income and expenses of each accounting year in accordance with a certain method during the implementation of the contract. For construction contracts completed within a fiscal year, contract revenue and contract costs should be recognized upon completion.

ii) Certain definitions of inventory in construction contracts.

The inventory in a construction contract is different from that of a typical enterprise. The cost of inventory collected through the construction contract is subject to Accounting Standard for Business Enterprises No. 15 - Construction Contract. On the basis of the traditional enterprise accounting subjects, the subjects of "engineering settlement", "engineering construction" and "mechanical operation" are added.

At the same time, the respective accounting contents are clarified, and it is stipulated that the construction contract income and construction contract expenses recognized by the construction enterprise shall be accounted for through the accounts of "main business income" and "main business cost" respectively.

It should be that the construction costs incurred have not been invoiced or recorded, and the cost carried forward is larger than the incurred.

The solution is to make a provisional estimate according to the construction cost incurred, borrow the construction of the project, and credit the accounts payable, but obtain the invoice before the year-end income tax final settlement.

Reasons: 1. Less warehousing orders 2. More warehousing orders.

Workaround: Look carefully.

It must be a duplicate when leaving the warehouse.。。。 When leaving the warehouse, it has been opened ,,, come back and make up, it is very likely that ,,, there is also a result of the warehousing list not being recorded.

The cost accounting of construction enterprises uses the accounting account of "engineering construction", which is similar to the production cost of the manufacturing industry.

The inventory of the construction enterprise, in addition to the general raw materials and turnover materials, is mainly the engineering inventory, that is, the unsettled part of the completion, the accounting calculation is reflected by the cumulative amount of the construction account minus the cumulative amount of the project settlement account, the construction of the project is equivalent to the work done by the owner, the project settlement is equivalent to the work that the owner admits you do, the difference between the two, if the construction of the project is greater than the project settlement, it is equivalent to the work done by themselves and some of the work has not been confirmed by the owner. It is reflected in its own inventory, also known as the completed unsettled amount, which is reflected in the balance sheet inventory; If the construction of the project is less than the settlement of the project, it is equivalent to the owner confirming the workload, which is called the settled unfinished amount, which is equivalent to its own advance accounts receivable, which is reflected in the balance sheet accounts receivable.

Please refer to the attached table for the accounting content of inventory.

Construction enterprises. Balance Sheet Accounting content of inventory - engineering construction account balance + turnover materials + raw materials

Does the production cost refer to the engineering cost? ——Construction enterprises do not use production cost accounts, but use engineering construction accounts to calculate production costs

This result is correct, the asset-liability ratio assesses the company's ability to repay funds. The specific asset-liability ratio should be determined according to the industry level, generally below 45%, and special industries, such as the real estate industry, may exceed this level. A 30% debt-to-asset ratio for a small company selling equipment should be appropriate.

The normal asset-liability ratio of general industrial enterprises does not exceed 50%, in order to reduce financial risks and ensure the safety of funds Construction enterprises, due to the particularity of the industry, the general asset-liability ratio is higher, on the whole, the asset-liability ratio is better at about 60%, which not only ensures that there are enough funds, but also makes the financial risk within a controllable range Of course, in fact, it depends on the specific situation of the enterprise, such as the overall scale of the enterprise, the asset structure, the industry environment in which the enterprise is located, etc. Ask for advice.