How to account for the expenses incurred by a newly established small business?

First of all, you have to figure out what kind of enterprise you are establishing, a limited liability company, you must start from the tax registration to make up all the accounts, if it is the business department, the original bills do not matter, there is a business after sorting it out, even if it is a limited liability company, depending on the regional situation, if the tax is approved and collected, it doesn't matter, no need to make up what accounts.

According to you, it should not be a regular company that generally pays taxes, because once the formal company is registered, the tax statement must still be filed.

Regarding the white slips and receipts, the internal accounts can be used, and the formal account sets are not allowed to be recorded, and the chapter is not important, the important thing is whether the original document is a formal invoice issued by the tax bureau.

According to your description, it seems that you don't have a serious grasp of financial knowledge, if it's just for your own rules and regulations, it doesn't matter what documents you have, just build a running account.

The receipt is not a formal invoice can not be recorded, this is a dead rule, and it has nothing to do with what chapter it uses, to enter the account must be a regular tax bureau invoice.

There will be corporate income tax adjustments when receipts are recorded.

The invoice seal is a special financial seal or invoice seal of the enterprise.

If you purchase a batch, you must attach a list of sales.

The expenses before the establishment of the company, if the expenses incurred by the enterprise during the preparation period, are issued in the name of the unit and can be recorded.

The expenses incurred by the enterprise during the preparation period can be recorded in the accounts.

A small company that has just been established must have accounts and select accounts.

The accounts of "Paid-in Capital", "Capital Reserve", "Surplus Reserve", "Current Year's Profit" and "Profit Distribution" are abolished. Set up the "Owner's Investment" account to calculate the amount of investment invested by the owner's investment in the enterprise. When the investment is received, the account such as cash or bank deposit is debited and this account is credited, and when the investment is recovered, this account is debited and the account such as cash or bank deposit is credited.

Set up the "Owner Transactions" account to account for the capital transactions and receivables and payables between the owners and the enterprise, except for investment. At the end of the year, all the balance of this account will be transferred to the "Owner Investment" account, and after the carryover, there should be no balance in this account. Set up the "Profit and Loss Summary" account to account for the profit and loss realized by the enterprise.

At the end of the period, the enterprise shall transfer all the balances of profit and loss accounts to this account. At the end of the year, all the balance of this account will be transferred to the "Owner Investment" account, and after the carryover, there should be no balance in this account. The setting and use of assets, liabilities, costs, and profit and loss accounts can be handled with reference to the provisions of the "Accounting System for Business Enterprises" or the "Accounting System for Small Enterprises".

Small businesses are generally small-scale taxpayers. Small-scale taxpayers shall pay tax at 3% of their sales revenue. Regardless of whether it adds value or not, if there is a sale, it has to be paid.

Organize the bills, classify all kinds of bills, and get financial reimbursement after the formal units are sorted out and pasted. It is the key to make accounting vouchers according to the sorted out bills, and most of what you learn in school is to make accounting entries, which should not be difficult. The books of accounts are registered according to the vouchers, in the case of computer accounts.

The financial statements are issued at the end of the month, of course, it does not exclude other statements needed in the work, and according to the needs of management, finance is needed at any time. Fill out the tax return, pay the tax financial work is very trivial, and when the middle of the month is not busy, you have to bind the voucher and organize the financial file.

The first month of the new company's accounts for the approved VAT taxpayer type needs to be carried out on the basis of determining its own VAT taxpayer status. Nowadays, enterprises can be divided into general taxpayers and small-scale taxpayers, and general taxpayers have higher normative requirements for bookkeeping and tax declaration, so they need to set up relevant account books according to the actual situation of the enterprise.

For a newly established company, the expenses incurred belong to the scope of enterprise start-up expenses, which can be accounted for through the management expenses - start-up expenses account, how to deal with the specific accounting?

How are new company fees billed?

The expenses incurred by the newly established company belong to the start-up expenses of the enterprise during the preparatory period, which refer to the expenses incurred by the enterprise during the period from the date of approval of the enterprise to the date of commencement of production and operation (including trial production and trial operation) (i.e., the preparatory period), including the salaries of personnel during the preparatory period, office expenses, travel expenses, printing costs, registration fees, and exchange gains and losses and interest expenses that are not included in the acquisition and construction costs of fixed assets and intangible assets.

1. For enterprises that apply the "Accounting System for Business Enterprises", when they incur expenses during the preparation period, the accounting entries are:

Borrow: Long-term amortized costs - start-up costs.

Credit: Bank deposits.

After the establishment period of the enterprise, the amortization of the start-up expenses shall be carried out, and the accounting entries shall be:

Borrow: Management Costs - Start-up Costs.

Credit: Long-term amortized expenses - start-up costs.

2. For enterprises that apply the "Accounting Standards for Business Enterprises" and "Accounting Standards for Small Enterprises", the start-up expenses during the preparation period should be included in the "management expenses" account. When expenses are incurred:

Borrow: Management Costs - Start-up Costs.

Credit: Bank deposits.

At the end of the month, when the period fee is carried forward:

Borrow: Profit for the current year.

Credit: Administrative Expenses - Start-up Costs.

What are long-term amortized expenses and management costs?

Long-term amortized expenses are the expenses that have been incurred by the enterprise but have an amortization period of more than one year (excluding one year), including the repair expenses of fixed assets, the improvement expenses of leased fixed assets and other expenses to be amortized with an amortization period of more than one year.

Under the "long-term amortized expenses" account, the enterprise should set up a detailed account according to the type of expense, conduct detailed accounting, and disclose its amortized value, amortization period, amortization method, etc. according to the expense items in the notes to the accounting statements.

The long-term amortized expenses incurred by the enterprise are debited to 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.

Management expenses refer to the various expenses incurred by the administrative department of the enterprise for the organization and management of production and business activities. The specific items included include: company expenses, trade union expenses, fees to be held by the board of directors and administrative departments of the enterprise in the operation and management of the enterprise, or should be borne by the enterprise in a unified manner, fees for hiring intermediary agencies, consulting fees, litigation fees, business entertainment expenses, office expenses, travel expenses, postal and telecommunications expenses, greening expenses, management personnel salaries and welfare expenses, etc.

Accounting treatment of newly established company expenses: Set up the general ledger, subsidiary ledger, cash journal and bank deposit journal first. Then, the balances of the relevant accounts involved in the journal are carried forward to the officially set up ledger as opening balances.

The expenses of the newly established company belong to the start-up expenses of the enterprise during the preparatory period, which refer to the expenses incurred by the enterprise during the period from the date of approval of the establishment of the enterprise to the date of commencement of production and operation, including the salaries of personnel during the preparatory period, office expenses, travel expenses, printing costs, registration fees, and exchange gains and losses and interest expenses that are not included in the acquisition and construction costs of fixed assets and intangible assets.

For enterprises that apply the "Accounting System for Business Enterprises", when they incur expenses during the preparation period, the accounting entries are: borrow: long-term amortized expenses - start-up expenses, credits

Bank deposits. After the preparatory period of the enterprise, the amortization of the start-up expenses shall be carried out, and the accounting entries shall be: borrowed

Administrative Expenses - Start-up Costs, Credit: Long-term Amortized Expenses - Start-up Costs.

For enterprises that are subject to the Accounting Standards for Business Enterprises and the Accounting Standards for Small Enterprises, the start-up expenses during the preparation period should be included in the "management expenses" account. When expenses are incurred: debit:

Administrative Expenses - Start-up Costs, Credits: Bank Deposits; At the end of the month, when the expenses are carried forward during the period: debit:

Profit and Credit: Administrative Expenses - Start-up Expenses.

At present, enterprises are adopting the new version of the accounting standards for business enterprises, and the new accounting standards for enterprises stipulate that some expenses incurred by enterprises during the preparation period, such as start-up expenses, are no longer through the "long-term amortization expenses", and are directly included in the "management expenses - start-up expenses" when they occur, therefore, the registration fees incurred during the preparation period of the enterprise should be included in the "management expenses - start-up expenses".

Taxes payable are all kinds of taxes and fees that enterprises must fulfill their tax obligations in accordance with national regulations and pay their business income in accordance with the law. What should be done with the corresponding accounting entries?

Entries for taxes payable by small businesses.

When a small business is a small-scale taxpayer:

1. According to the invoice, sales statement, delivery order, and receipt as attachments

Borrow: cash on hand.

Credit: main business income.

Tax Payable – VAT Payable.

2. The part exempt from VAT:

Debit: Tax Payable - VAT Payable.

Credit: Non-operating income.

3. When paying VAT:

Debit: Tax Payable - VAT Payable.

Credit: Bank deposits.

When a small business is suspected of being a general taxpayer:

1. According to the invoice, sales statement, delivery order, and receipt as attachments

Borrow: cash on hand.

Credit: main business income.

Tax Payable – VAT Payable (Output Tax).

2. In the event of a purchase:

Borrow: raw materials, etc.

Tax Payable – VAT Payable (Input Tax) Payable

Credit: Bank Deposits Accounts Payable.

3. Carry-over output tax:

Debit: Tax Payable - Roll - VAT Payable (Output Tax) Credit: Tax Payable - Transfer of Unpaid VAT.

Carry-forward input tax:

Debit: Tax Payable - Transfer out of unpaid VAT.

Credit: Tax Payable – VAT Payable (Input Tax) Payable

Carry forward unpaid VAT:

Debit: Tax Payable - Transfer out of unpaid VAT.

Credit: Tax Payable - VAT Not Paid.

Pay the VAT due:

Debit: Tax Payable - VAT not paid.

Credit: Bank deposits.

What is the tax payable?

The tax payable account is a liability account. Its debit side indicates a decrease and the credit side indicates an increase. Chang answer: This account calculates the various taxes and fees payable by the enterprise in accordance with the provisions of the tax law. The individual income tax withheld and paid by the enterprise for its employees is also accounted for through this account.

For the accounting treatment of tax payable by small enterprises, enterprises usually set up accounts such as tax payable, main business income, and non-operating income for accounting.

Accounting entries for taxes payable by small businesses.

1. According to the invoice, sales statement, delivery order, and receipt as attachments.

Borrow: cash on hand.

Credit: main business income.

Tax Payable – VAT Payable.

2. Exemption part.

Debit: Tax Payable - VAT Payable.

Credit: Non-operating income.

3. Pay taxes and fees.

Debit: Tax Payable - VAT Payable.

Credit: Bank deposits.

What is a tax due?

The taxes payable refer to the various taxes and fees payable by an enterprise based on the operating income and profits realized within a certain period of time, in accordance with the provisions of the current tax law, and using a certain tax calculation method. The taxes payable include value-added tax, consumption tax, enterprise income tax, resource tax, land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, vehicle and vessel tax, education surcharge and other taxes and fees paid by enterprises in accordance with the law, as well as individual income tax collected and paid by enterprises before being handed over to the state.

What is Non-Operating Income?

In order to reflect and supervise the non-operating income of the enterprise in general, the enterprise should set up a "non-operating income" account. The amount of non-operating income incurred by the enterprise registered on the credit side of the account, and the amount transferred to the "profit of the year" account at the end of the period of the debit registration period, has no balance at the end of the account after being carried forward.

What is main business income?

Enterprises should set up the "main business income" account to account for the income generated by the enterprise in its daily activities such as selling goods and providing labor services. Under the account of "Liquid Vertical Envy's Main Business Income", a detailed account should be set up according to the type of main business to carry out detailed nuclear fiber answers. There should be no balance at the end of the period.

Borrow: Bank deposit. Credit: Paid-in Capital Borrow: Cash in Hand. Credit: Bank Deposit Loan: Management Expenses--- Start-up Expenses. Credit: Bank deposits (or cash on hand).

Paid-in capital refers to the capital actually invested by investors in the enterprise in accordance with the articles of association, contracts and agreements.

Paid-in capital refers to the various properties invested by investors as capital in the enterprise, which is the total authorized capital registered by the enterprise, which indicates the basic property rights relationship of the owner to the enterprise. The composition ratio of paid-up capital is the main basis for the distribution of profits or dividends to investors. Dear

Ask what the paid-up capital received is used for.

What accounting entries need to be made.

If you receive it, you will borrow a bank deposit.

Loan paid-up capital.

That's it.

To put it simply, paid-in capital is the money that the boss or shareholder invests in the company.

This money is used to purchase fixed assets, pay upfront expenses, purchase inventory, etc., and the company's working capital is all in this paid-in capital.

Question: Can I use this money directly if I buy supplies?

Asking questions is a normal accounting entry.

Credit: Bank Deposits Cash on hand.

That's it, pro

Thank you for your question, we are a ** company, just established, to build a factory, what should be done with the accounting entries of the plant.

Ask the questionYes, you have to use it yourself later.

Credit: Construction in progress.

Construction in progress belongs to the asset category, and construction in progress refers to the unfinished project expenditure such as new construction, reconstruction and expansion of fixed assets of an enterprise, or technical transformation, equipment renewal and major repair projects. Therefore, it is generally possible to use this subject to build a factory.