How to deal with the current profit and loss and cash flow when the branch is deregistered?

It can be directly merged into the head office's account. Cash can be used in a current account. For example:

Debit: Other receivables.

Credit: cash or bank deposit.

Branch Accounting Treatment:

1.The branch does not have the status of an independent legal person, and all its external claims and debts shall be borne by the head office. However, in general, the branch office conducts business relatively independently, and the head office should liquidate it when it is deregistered, and receive its assets, creditor's rights and outstanding debts.

Through liquidation, a liquidation statement is formed, the profit and loss are confirmed, and the report is submitted to the local competent tax authority for approval, and the head office shall make corresponding accounting treatment accordingly.

2.The head office shall offset its net assets (loss amount) with the appropriation on the books of the head office and recognize the loss in the form of consolidated financial statements. At the same time, the creditor's rights and debts that should be undertaken should be incorporated into the account of the head office.

3.When recognizing losses, the income tax issues of the head office and branch offices should be related to the tax (especially the head office).

4.Finally, cancel the business license of the branch, the tax registration certificate, and the organization certificate.

Notes: 1. To cancel the tax registration, the information required: the original and copy of the tax registration certificate, the invoice and the purchase copy of the invoice, and fill in the cancellation application form. Write off the national tax first, and then the local tax.

2. To cancel the business license, make an announcement first, and bring the original and copy of the business license. Tax cancellation certificate, fill in the cancellation application form.

3. Finally, cancel the organization certificate, with business license, tax registration, and bank account cancellation certificate. Accounting for Company Deregistration.

The assets are liquidated and all are transferred to the head office.

Now that the industrial and commercial taxes have been cancelled, the remaining problems can be solved. The power of the company's branches is still in the head office, and the paid-in capital is also from the head office, so it is enough to transfer the money and goods to the head office.

It is distributed to each shareholder in proportion to its capital contribution.

1. The head office sent cash to settle the account.

Borrow: Bank deposit (or cash).

Credit: Other receivables.

2. It cannot be transferred, and only the profits can be distributed to the head office.

3. Liquidate fixed assets first, and then sell them to the head office.

Borrow: Bank deposit (or cash).

Credit: Disposal of fixed assets.

4. Profit distribution.

Debit: Undistributed profits.

Credit: Bank deposit (or cash).

5. It doesn't matter whether the report is done or not after the tax write-off review.

I had to do the same thing as before.

First of all, the branch office does not have paid-up capital because it is not an independent legal person.

Secondly, unless authorized by the head office, the branch cannot create a creditor-debtor relationship externally, and if it does, it will be borne by the head office.

Third, all assets, liabilities, etc., are inherited by the head office.

Therefore, it is enough to cancel the industrial and commercial taxation in the local area, and all assets and liabilities and legal liabilities are directly borne by the head office.

Therefore, the balance of the accounting account (including loss) of the branch should be included in the corresponding accounting account of the head office according to the amount of the balance. It should be noted that the balance of the current accounts between the head office and the branch should be reconciled and offset with each other.

2.After the liquidation of the subsidiary, the parent company shall include the difference between the recovered investment funds and the book value of the long-term equity investment in the "investment income" account.

On the question of supplementation.

If a branch is indeed a non-independent accounting enterprise, the tax authorities only identify it as an independent taxpayer, which does not mean that it has the qualification of independent accounting. These are two concepts.

In some enterprises, in order to strengthen internal management, the branch is managed according to independent accounting, but this does not mean that the branch is not a non-independent accounting enterprise in the legal sense.

Therefore, for the accounting treatment that needs to be carried out after the internal independent accounting branch is deregistered, you can refer to point 1 in the main text. To put it bluntly, in addition to the current account (including the operating funds allocated by the head office), the balance of the accounting accounts of the branch is included in the corresponding accounts of the head office.

The prepaid enterprise income tax is apportioned proportionally, and the branch is not qualified and does not need to pay individual income tax. Corporate profits are not subject to individual income tax.

However, if the company's undistributed profits are distributed to individual shareholders at the time of deregistration, individual income tax shall be withheld and paid.

It is best to distribute profits first, according to the current tax law, this part of the profits is tax-free, and then liquidated, according to the liquidation income to pay tax.

You find an accountant to get it, it's not that professionals can't do this, find Golden Cube Finance and Taxation in Chengdu, and ask carefully.