What is the retention purchase price and how to deal with the accounting

In the financial lease, the retained purchase price refers to the fact that, according to the law or the contract, after the termination of the lease relationship, the lessee obtains the ownership of the leased object after paying the residual value of the leased object or the value agreed in the contract, and the ** paid by the lessee is the retained purchase price of the financial lease.

At the request of the lessee (user), the lessor enters into a supply contract with a third party (supplier), according to which the lessor pays for the purchase of equipment selected by the lessee. At the same time, the lessor enters into a lease contract with the lessee to lease the equipment to the lessee and collects a certain rent from the lessee.

First of all, you need to know how to calculate the recorded value of financial lease fixed assets, that is, the lower of the fair value of the leased assets and the present value of the minimum lease payment. You should know the fair value of the asset, because you are buying the asset after maturity, so there is no question of the residual value of the guarantee, the present value of the minimum lease payment is the sum of the present value of your payment per installment plus the present value of the retention purchase price, and it should be noted here that it is the sum of the present value. Fixed assets are recorded with the lowest payment amount by comparison.

Accounting Entry: Borrow: Fixed Assets - Financing Lease Fixed Assets.

Financing charges are not recognized.

Credit: Long-term payables - financial lease payables (minimum lease payments) are retained for lease asset entries when due.

Borrow: Long-term payables - financial lease payables.

Credit: Bank Deposit Borrowing: Fixed Asset - Fixed Asset for Production Loan: Fixed Asset - Fixed Asset Leased by Finance.

Legal analysis: The retention price refers to the acquisition of ownership of the leased property after the lessee pays the salvage value of the leased object or the value agreed in the contract after the termination of the lease relationship. Retained purchase price is a common term in financial leasing, and financial leasing is currently the most common and basic form of non-vertical bank finance in the world.

It refers to the conclusion of a supply contract between the lessor and a third party (supplier) at the request of the lessee (user), according to which the lessor buys the equipment selected by the lessee from the supplier at the expense of the lessor. At the same time, the lessor and the lessee enter into a lease contract to lease the equipment to the lessee Yu Jinqing and collect a certain amount of rent from the lessee.

Legal basis: Article 759 of the Civil Code of the People's Republic of China If the parties agree that upon the expiration of the lease term, the lessee only needs to pay a symbolic price to the lessor, it shall be deemed that the ownership of the leased property shall belong to the lessee after the performance of the agreed rent obligation is completed.

The retained purchase price refers to the repayment amount paid to the financial company in each installment according to the agreed term and interest rate in the field of auto finance. Below, let's take a closer look at the relevant content of the retention price.

How to calculate the retention price.

The retention price is usually calculated by taking into account factors such as the loan term chosen by the car buyer and the make, style and ** of the vehicle. Specifically, after selecting a model, the financial company usually calculates the specific figure of the retained purchase price based on the credit status of the car buyer and the ** of the model.

Advantages and disadvantages of the retained purchase price.

The advantage of the retention price is that it allows car buyers to pay for the car in installments, reducing the burden of buying a car, and at the same time, it can also be close to the available cash flow, so it is favored by many consumers. However, the disadvantages of the retention price are also obvious, such as the impact of interest rates and other factors, which will increase the total cost of the entire delayed car purchase process, and you need to bear interest and other expenses.

What is the difference between the purchase price and the mortgage of the vehicle?

Compared with vehicle mortgage, the purchase code is a more flexible way to buy a car. The repayment period of the retained purchase price is relatively short, and during the repayment period, the buyer has the freedom to dispose of the vehicle without being bound by the mortgage. However, in individual cases, financial institutions may require car buyers to provide guarantees to protect their rights and interests.

Common problems and solutions to the retention price.

In the process of buying a car with a retention price, there are often some common problems, including how to choose a retention period, how to improve your credit score to get a better interest rate, and how to prepare for the payment of the retention price. In response to these questions, car buyers can seek the help of financial professionals for consultation and answers, or they can inquire about relevant materials and information on their own to make more informed decisions.

In general, the retention price is a relatively extensive auto financial service, which can help consumers realize their desire to buy a car. However, before choosing a rent-to-rent purchase price, car buyers should fully understand the relevant information and costs, understand their financial situation and affordability, and make an informed decision.

<> retention price refers to the fees that enterprises need to pay when purchasing goods, and it is an important part of the purchase of goods by Nianyuan enterprises. This article will explain how to calculate the retention price, and how to account for and get back the items purchased.

1. Calculation of the retained purchase price.

The calculation of the retention price refers to the calculation of the final cost that the enterprise needs to pay when purchasing the goods according to the factors such as the **, quantity and discount of the goods.

First of all, the enterprise should calculate the total number of items according to the ** and quantity of the items purchased. Secondly, according to the discount of the item, the final retention price is calculated. , based on the payment method of the item, calculate the final cost that needs to be paid for the sail.

2. Accounting of the retained purchase price.

The bookkeeping of the retained purchase price means that when the enterprise purchases the goods, the expenses are recorded in the accounts of the enterprise according to the calculation results of the retained purchase price.

First of all, the enterprise should record the expenses in the accounts of the enterprise according to the calculation results of the retention price. Second, the expenses are recorded in the accounts of the business, depending on the payment method of the item. , according to the discount of the item, the expense is recorded in the accounts of the enterprise.

3. Get back the items you bought.

Getting back the purchased items means that the enterprise takes the items back to the enterprise according to the payment method of the items after purchasing the items.

First of all, the business should take the item back to the business according to the payment method of the item. Second, take the items back to the business according to the discount of the item. , according to the ** and quantity of the item, take the item back to the enterprise.

Fourth, the management of the retained purchase price.

The management of the retained purchase price refers to the management of the retained purchase price according to the calculation results of the retained purchase price when the enterprise purchases the goods.

First of all, the enterprise should manage the retention price according to the calculation results of the retention purchase price. Secondly, according to the payment method of the item, the retention price is managed. According to the discount of the item, the retention price is managed.

5. Settlement of the retained purchase price.

The settlement of the retained purchase price refers to the settlement of the retained purchase price according to the calculation results of the retained purchase price after the enterprise purchases the goods.

First of all, the enterprise should settle the retention price according to the calculation results of the retention purchase price. Secondly, according to the payment method of the item, the retention price is settled. According to the discount of the item, the retention price will be settled.

6. Summary. The retention price is an important part of the purchase of goods, when the enterprise purchases the goods, it needs to calculate the final high-profile expenses that need to be paid according to the factors such as the **, quantity and discount of the goods, and record the expenses in the accounts of the enterprise, according to the payment method of the goods, take the items back to the enterprise, and manage and settle the retention price. Therefore, when purchasing items, enterprises should correctly calculate the retained purchase price, and properly manage and settle the retained purchase price to ensure the normal operation of the enterprise.

When the lease relationship is terminated, the lessee obtains the ownership of the leased object after paying the agreed value of the leased property, in which the first paid by the lessee is called the retention purchase price. How should accounting entries be made when paying the retention price?

Payment of retained purchase price and payment entries.

The accounting entries for the retained purchase fee of the financial lease are as follows:

Borrow: fixed assets - financing lease fixed capital and property.

Financing charges are not recognized.

Credit: Long-term payables - financial lease payables (minimum lease payments) retained lease asset entries.

1. When paying the purchase price:

Borrow: Long-term payables - financial lease payables.

Credit: Bank deposits.

2. Ownership of fixed assets carried forward:

Borrow: Fixed Assets - Fixed Assets for Production.

Credit: Fixed Assets - Financing leased fixed assets.

What does retention price mean?

The retention purchase price in the financial lease refers to the fact that, according to the law or the contract, after the termination of the lease relationship, the lessee obtains the ownership of the leased object after paying the residual value of the leased object or the value agreed in the contract, and the ** paid by the lessee is the financial lease retention purchase price.

What does financial lease mean?

Financial leasing refers to the lessor's conclusion of a supply contract with a third party (supplier) at the request of the lessee, according to which the lessor pays to purchase the equipment selected by the lessee from the supplier. At the same time, the lessor enters into a lease contract with the lessee to lease the equipment to the lessee and collects the corresponding rent.