How to record the fixed assets of the operating lease?

Fixed assets leased in the form of operating lease are not enterprise assets. It is only managed as a record account.

According to the rent during the lease period, if the leased fixed assets are used for production, they are included in the "production cost" or "manufacturing expenses", and if they are used for the management department, they are included in the "management expenses". sales department, included in the "sales expenses".

When Rent Paid: Borrow: Expenses to be Amortized - Rent Credit: Bank Deposit (or Cash).

Rent is amortized according to the length of the lease period, and if the leased fixed assets are used for production, they are included in the "production cost" and if they are used for the management department, they are included in the "management expenses".

Do not do fixed asset accounting.

Just calculate the rent and you're good to go.

I don't keep accounts, but register with a reference book.

belongs, leased fixed assets.

It is divided into two forms: operating leased fixed assets and financial leased fixed assets. For example, leased production equipment and production plants are leased fixed assets.

Extended Information:1Operating leases.

It is a temporary lease, the ownership of the asset does not belong to the lessee, and the lessee only pays rent on a regular basis. The ownership of the leased fixed assets remains with the leased units.

2.Financing lease of fixed assets.

It refers to the machinery and equipment leased by financial leasing. According to the provisions of the current financial accounting system, industrial, agricultural, construction, commodity circulation, transportation, finance, insurance and other enterprises should manage the machinery and equipment leased by finance as the fixed assets increased by the enterprise, and set up the secondary account of "fixed assets leased by finance" in the "fixed assets" account for accounting. When the installation and commissioning of the finance-leased machinery and equipment is completed and put into use, the acquisition cost (including the purchase price, transportation costs, insurance premiums, and installation and commissioning fees) shall be taken as the original value of the machinery and equipment, and shall be credited to the debit of the account of "fixed assets - finance-leased fixed assets" and "long-term payables".

The credit side of the account is accounted for as a liability. Depreciation is accrued on fixed assets under financial lease.

, it should be recorded in the cost of production according to the recipient of the Swift Benefit.

or administrative fees.

3.The leased fixed assets do not belong to the state of the enterprise and are not accounted for in the "fixed assets" account. In order to reflect the rental, use and return of fixed assets, a "Leased Fixed Assets Register" is generally set up to record.

The contents of the registration generally include: the name and number of the fixed assets, the rental unit, the technical characteristics, the ancillary equipment, the installation cost, the improvement project, the status of the fixed assets at the time of lease, the period of use at the time of lease, the number and main content of the lease contract, the lease date, the lease term, the number of the handover (at the time of lease and return) voucher, the rent and the method of payment.

The date of commencement of use after the lease, the record of major repairs, the date of return, the condition of the fixed assets at the time of return, etc. The depreciation of leased fixed assets shall be accrued by the leased unit, and the cost of major repairs may be borne by the leased unit or the leased unit according to the contract. If the tenant is responsible for the repairs, all major repair costs during the lease period shall be amortized in installments according to the lease term.

The method of accounting treatment of leased fixed assets is as follows:

1. Fixed assets leased in the form of operating leases.

1. The fixed assets leased in the form of operating lease are not the property of the enterprise and cannot be accounted for as self-owned fixed assets, but can only be registered by setting up the "Leased Fixed Assets Memorandum Book". Rent is paid per acre per month or per year.

The accounting entries are:

Borrow: management expenses - rent, etc.

Credit: Bank deposits.

2. If the enterprise carries out major repairs and improvement works on the leased fixed assets during the lease period (more than one year), its expenses should be included in the "long-term amortized expenses", and then amortized in installments during the benefit period.

2. Fixed assets leased in the form of financial leases.

1. Under the financial leasing method, the lessee shall record the fixed assets of the financial lease as its own fixed assets in the accounting, and at the same time confirm the corresponding liabilities.

2. On the lease commencement date, the enterprise shall record the value at the lower of the original book value of the leased assets and the present value of the minimum lease payment on that day.

3. The accounting entries are:

Borrow: Fixed Assets - Financing lease of fixed assets.

Financing charges are not recognized.

Credit: Long-term Payments - Financial Lease Payments Payable.

The subjects involved are as follows:

1. The lower of the original book value of the leased assets and the present value of the minimum lease payment on the lease commencement date shall be recorded as the recorded value, and the account of "construction in progress" or "fixed assets" shall be debited; The "Long-term payables - financial lease payables" account is credited at the minimum lease payment.

2. According to the difference between the above two, the "unrecognized financing expense" account will be debited.

3. When the financial lease fee is paid on time, the account of "long-term payables - financial lease payable" shall be debited and the account of "bank deposit" shall be credited.

4. At the expiration of the lease period, if the contract stipulates that the ownership of the equipment will be transferred to the lessee enterprise, the fixed assets shall be transferred from the detailed account of "financial lease to fixed assets" to the relevant detailed account.

The ownership of the fixed assets leased by the enterprise from other noisy companies does not belong to it, so it cannot be included in the company's assets, and the corresponding entries should not be made, but only need to be registered in the reference book. Enterprises only need to withdraw the corresponding funds every month, and make the following entries, borrowing: promotion of management expenses - rent, etc., taxes payable - value-added tax payable - input tax, credit:

Accounts payable, etc.

Financial lease fixed assets refer to machinery and equipment leased by financial leasing method. According to the provisions of the current financial accounting system, industrial, agricultural, construction, commodity circulation, transportation, finance, insurance and other enterprises should manage the machinery and equipment leased by finance as fixed assets increased by the enterprise, and set up the secondary account of "fixed assets leased by financial lease" in the "fixed assets" account for accounting.

When the installation and commissioning of the finance-leased machinery and equipment is completed and put into use, the purchase cost (including the purchase price, transportation costs, insurance premiums, and installation and commissioning fees) of the equipment shall be taken as the original value of the machinery and equipment, and shall be recorded in the debit of the "fixed assets - financial leased fixed assets" account and the credit of the "long-term payables" account, and shall be accounted for as liabilities.

When depreciation is accrued on fixed assets under financial lease, it should be recorded in production costs or management expenses according to the beneficiary object. To put it simply, the ownership of assets is different.

In the process of production and operation, enterprises will lease fixed assets for operation, and there are two ways to lease fixed assets: operating lease and financial lease. How to do accounting processing in different ways?

1. The rent paid for operating lease into fixed assets can be included in the relevant costs and expenses according to the beneficiary department, the production expenses shall be included in the manufacturing expenses, and the use of the management department shall be included in the management expenses.

Monthly accrual: borrow: manufacturing expenses or management expenses, etc.

Credit: Other payables.

Disbursement: Debit: Other Payable.

Credit: Bank Deposits Cash on hand.

2. The fixed assets leased by financial lease shall be recorded in the accounts on the date of commencement of the lease and lease according to the price confirmed in the contract or lease agreement, the insurance premium, the transportation fee, the installation and commissioning fee, and the borrowing costs incurred before the fixed assets under financial lease reach the predetermined usable state.

If an enterprise leases fixed assets by way of financial leasing as its own assets, the accounting entries should be:

Borrow: Fixed Assets - Financing lease of fixed assets.

Credit: Long-term payables Financial lease payables.

For fixed assets leased by financial lease, the depreciation policy should be consistent with the depreciation policy of the fixed assets with its own accrued depreciation. The depreciation period is the period of depreciation, whichever is the shorter of the lease term and the useful life of the leased asset.

When depreciation is accrued:

Borrow: administrative expenses, selling expenses, manufacturing expenses, depreciation expenses.

Credit: Accumulated depreciation.

When paying in installments:

Borrow: Long-term payables Financial lease payables.

Credit: Bank deposits.

When the lease expires, as stipulated in the contract, the ownership of the equipment shall be vested in the lessee, and the fixed assets shall be transferred from the detailed account of "financial lease to fixed assets" to the relevant detailed account.

Borrow: Fixed assets related to equipment.

Credit: Fixed Assets Financing leased fixed assets.

When an enterprise obtains fixed assets in the form of lease, it shall pay the corresponding rent on time. How to make accounting entries for fixed assets under operating lease?

The treatment of fixed asset entries for operating leases is God.

The fixed assets leased by the operating lease shall be returned to the lessor upon expiration. The fixed assets under operating lease do not need to be depreciated, and they are used for rent for compensation.

The entries for fixed assets under operating leases are as follows:

Borrow: Management Expenses - Rent.

Credit: Bank deposits.

Accounting treatment of fixed assets under operating lease.

When renting in, you only need to pay the rental fee.

Accounting entries for payment of lease fees:

Borrow: management fees, etc.

Credit: cash on hand or bank deposits.

Extend the accounting entries in different cases:

At the time of financial lease.

Borrow: Fixed Assets - Financing lease of fixed assets.

Credit: Long-term payables Financial lease payables.

When paying the lease price.

Borrow: Long-term payables - financial leases payable.

Credit: Bank deposits.

When the lease expires and ownership is acquired.

Borrow: Fixed Assets - Fixed Assets for Operation.

Credit: Fixed Assets Financing leased fixed assets.

When operating leased fixed assets, after leasing for future reference, when paying expenses.

Borrow: administrative expenses, manufacturing expenses.

Credit: Bank deposits.

What is a fixed asset?

Fixed assets are classified according to economic use, including fixed assets for production and operation and fixed assets for non-production and operation. According to the comprehensive classification, it includes fixed assets for production and operation, fixed assets for non-production and operation, leased fixed assets, fixed net loss assets that do not need to be used, unused fixed fixed assets, land, and fixed assets leased by financing.

Fixed assets refer to tangible assets that have the following characteristics at the same time: held for the production of goods, the provision of services, leasing or operation and management; Useful life of more than one fiscal year.

Features: Not like inventory for external **. The useful life is generally more than one accounting year.

The ownership of the fixed assets leased by the enterprise from other companies does not belong to the company, so it cannot be included in the company's assets, and it is not necessary to make corresponding entries, but only need to be registered in the memorandum book. Enterprises only need to withdraw the corresponding funds every month, make the following entries, borrow: management expenses - rent, etc., tax payable - VAT payable - input tax, credit; Accounts payable, etc.