What is the difference between long term amortized expenses and pending expenses?

Expected amortization of expenses that have been incurred by the enterprise but should be borne by the current period and subsequent periods for the amortization period of more than one year. The amortized expense account accounts for the expenses that have been incurred by the enterprise but should be borne by the current and subsequent periods for an amortized period of less than one year (including one year), including prepaid insurance premiums, prepaid rents for operating leases, expenses incurred by seasonal production enterprises during the shutdown period, and other expenses that should be borne by the current period and subsequent periods. The main difference between these two subjects is to see whether the cost allocation period is more than 1 year, such as more than 1 year into the long-term amortized cost accounting, such as within 1 year (including 1 year) into the amortized cost accounting. Satisfied.

Long-term amortization expenses have an amortization period of more than one year (or one business cycle) and may be amortized across years; Whereas, the amortization period of the expenses to be amortized is shorter than one year (or one business cycle) and is only amortized within the year.

One has two words for long-term and one does not, and that's the difference between the most hits.

Legal Analysis]: Long-term amortization expenses refer to various expenses that have been incurred by the enterprise but have an amortization period of more than 1 year. Long-term amortized expenses cannot be fully included in the profit or loss of the current year, but shall be amortized in installments in subsequent years, including start-up expenses, fixed assets repair expenses, improvement expenses of leased fixed assets and other amortized expenses with an amortization period of more than one year.

Among them, start-up expenses refer to the expenses incurred by the enterprise during the preparation period, including employee salaries, office expenses, training expenses, travel expenses, printing costs, registration fees and borrowing costs that are not included in the value of fixed assets. Start-up costs, fixed asset repair costs, improvement costs of leased fixed assets and other expenses to be amortized with an amortization period of more than one year are amortized in accordance with the provisions of this account. The amount in the balance sheet reflects the amortized value of the company's various long-term amortized expenses that have not been amortized.

Legal basis]: Article 13 of the Enterprise Income Tax Law of the People's Republic of China When calculating the taxable income, the following expenses incurred by the enterprise shall be deducted as long-term amortized expenses and amortized in accordance with the regulations: (1) The reconstruction expenses of fixed assets for which depreciation has been fully withdrawn; (2) Expenses for the renovation of leased fixed assets; (3) Expenditures for major repairs of fixed assets; (4) Other expenses that should be treated as long-term amortized expenses.

The differences between long-term amortized expenses and balanced expenses are as follows:

1. The difference between the two is that the benefit period is longer and shorter, and the benefit period of less than one year is recorded as the amortized expense, and the benefit period of more than one year is recorded as the long-term amortized expense.

2. The expenses to be amortized include short-term amortized expenses and long-term amortized expenses.

3. Short-term amortized expenses refer to the amortization of low-value consumables and prepaid insurance premiums.

4. Long-term amortized expenses refer to the expenses for the improvement of fixed assets under operating lease, and the prepayment of long-term lease expenses.

In the new accounting standard, the "expenses to be amortized" account is abolished, the "long-term expenses to be amortized" is retained, and the accounting of "expenses to be amortized" under the old standard is merged into the "prepaid accounts" account.

Amortized expenses are expenses incurred that should be amortized over a period of one year, such as rent paid. Long-term amortized expenses are expenses that should be incurred for a period of more than one year, such as the decoration fee paid. Accounting processing seepage shirt is, borrow:

Long-term amortized expenses, credit: bank deposits and other accounts.

When amortizing Li Yun on a monthly basis, borrow: management expenses and other accounts, and credit: long-term amortized expenses.

What are the specific contents of long-term amortized expenses? What is the difference between amortized expenses and amortized expenses? If you don't know much about this part of the knowledge points, let's learn it with the deep space network!

What is included in the long-term amortized expense account?

1. This account accounts for the expenses that have been incurred by small enterprises but have an amortization period of more than 1 year (excluding 1 year).

2. Start-up expenses refer to the expenses incurred by the enterprise during the preparation period, including personnel salaries, office expenses, training expenses, travel expenses, printing costs, registration fees and borrowing costs that are not included in the value of fixed assets.

Credit: Deposit of Yinchong Training Bank.

In the month of commencement of production and operation, it is transferred to the current profit or loss.

Borrow: Administrative expenses.

Credit: Long-term amortization of expenses.

The start-up fee shall be amortized at one time on the date of commencement of the production and operation of the enterprise.

3. Other long-term amortized expenses incurred by small enterprises.

Borrow: Long-term amortized expenses.

Credit: The relevant account.

At the time of amortization. Borrow: Manufacturing Expenses Administrative Expenses.

Credit: Long-term amortized expenses.

4. This account should be set up according to the type of expense for detailed accounting.

5. The debit balance at the end of this account reflects the amortized value of various long-term amortized expenses that have not been amortized by small enterprises.

What is the difference between long-term deferred expenses and amortized expenses?

The expenses to be amortized refer to the expenses that have been incurred but should be borne by the current period and subsequent periods, such as the amortization of low-value consumables, property insurance premiums with a large amount of one-time expenditure, sewage charges, technology transfer fees, advertising costs, regular repair costs of fixed assets, prepaid rents for leased fixed assets, etc., the start-up expenses incurred by the enterprise unit during the preparation period, and the various expenses incurred during the production and operation period with an amortization period of more than one year.

Long-term amortized expenses.

According to China's accounting system, low-value consumables can also be included in the expenses to be amortized, and the concept of expenses to be amortized is based on the accrual system, which is also the requirement of the matching principle, and China's new accounting standards have abolished this account.

Long-term amortized expenses refer to the expenses that have been incurred by an enterprise but have an amortization period of more than one year (excluding one year). The following expenses incurred by the enterprise are allowed to be deducted if they are amortized as long-term amortized expenses in accordance with the regulations: 1. Reconstruction expenses of fixed assets for which depreciation has been fully withdrawn; 2. Expenses for the renovation of leased fixed assets; 3. Expenditure on major repairs of fixed assets; 4. Other expenses that should be regarded as long-term amortized expenses.

The latest Guide to the Application of Accounting Standards for Business Enterprises

Long-term amortized expenses are explained as follows:

1801 long-term amortized expenses.

1. This account accounts for the expenses that have been incurred by the enterprise but should be borne by the current period and subsequent periods with an amortization period of more than one year, such as the improvement expenses incurred in the fixed assets leased in the form of operating leases.

2. This subject should be accounted for in detail according to the cost items.

3. The long-term amortized expenses incurred by the enterprise shall be debited from this account and credited"Bank deposits"、"Raw materials"and other subjects. Amortization of long-term amortized expenses, debited"Management fees"、"Selling expenses"and other accounts, credit this account.

4. The debit balance at the end of this account reflects the amortized value of the long-term amortized expenses that have not been amortized by the enterprise.

Summary of the differences between the old and the new:

In the new standard, start-up costs are included in the "management expenses" account, and start-up costs are no longer required to be accounted for through the "long-term amortized expenses" account.