How to keep accounts for state controlled enterprises to obtain financial subsidies

Borrow: Bank deposit.

Credit: financial subsidy.

1. According to Article 2 of the Accounting Standards for Business Enterprises No. 16 - ** Subsidy, ** subsidy refers to the fact that an enterprise obtains monetary assets or non-monetary assets from ** free of charge, but does not include the capital invested by ** as the owner of the enterprise.

**As the capital invested by the owner of the enterprise, the paid-in capital (share capital) and capital reserve of the enterprise shall be increased when received;

The ** subsidy obtained by the enterprise should be distinguished from the ** subsidy related to assets or the ** subsidy related to income, and the treatment of the two subsidies is also different.

According to Article 7 of the Accounting Standards for Business Enterprises No. 16 - ** Subsidy, the asset-related subsidy shall be recognized as "deferred income", and shall be distributed equally over the useful life of the relevant assets and included in the current profit or loss ("non-operating income" account).

For the ** subsidy related to income, according to Article 8 of the Accounting Standard for Business Enterprises No. 16 - ** Subsidy, if it is used to compensate the relevant expenses or losses of the enterprise in the subsequent period, it shall be recognized as deferred income when obtained, and shall be included in the profit or loss (non-operating income) of the current period during the period when the relevant expenses are recognized; If it is used to compensate for the relevant expenses or losses incurred by the enterprise, it shall be directly included in the profit or loss (non-operating income) of the current period when obtained.

2. Whether the fiscal funds included in the total income are taxable income or non-taxable income, under the new law, according to the specific circumstances of the funds, such as the nature of the funds, refer to the Notice of the Ministry of Finance and the State Administration of Taxation on Issues Concerning Enterprise Income Tax Policies for Fiscal Funds, Administrative Fees, and Enterprises (Cai Shui [2008] No. 151) and the Notice of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Treatment of Enterprise Income Tax on Fiscal Funds for Special Purposes (Cai Shui [2009] No. 87). Document judgment.

Regardless of how it is handled in accounting, according to Article 1 (1) of Cai Shui [2008] No. 151, it should be included in the total income of the enterprise in the current year.

Answer: Hello, financial subsidy income refers to all kinds of business funds obtained by public institutions directly from the financial department and from the financial department through the competent department, including normal funds and special funds. Under China's traditional budget system and the budget accounting system of administrative institutions, the funds are also called funds, and the funds received are called appropriations.

The subsidy income from the higher level refers to the non-financial subsidy funds allocated by the competent department of the public institution or the superior unit with the income of its own organization and the income of the concentrated subordinate units. If it is used to subsidize the daily business of a public institution, if it is designated for a special purpose and must be reported separately, it is called the business fund that has been allocated in, that is, the special fund that has been allocated to the institution, and cannot be used as the subsidy income of the higher level.

Take a look at it here.

Question: Is the income from financial assistance the same as the income from financial appropriation?

Answer: Financial subsidy income refers to all kinds of business funds obtained by public institutions directly from the financial department and from the financial department through the competent department, including normal funds and special funds. Financial appropriation refers to the financial funds allocated by the people at all levels to public institutions, social organizations and other organizations included in the budget management, except as otherwise provided by the competent departments of finance and taxation.

The way to get it is different, but the income is similar.

Question: Why does a public institution not need to carry out budget accounting treatment when transferring fixed assets? (regardless of applicable taxes).

1. When the enterprise receives the appropriation: borrow: bank deposit loan:

Special payables - project The processing of receivables is generally no problem, the key is the accounting treatment of the actual practical use of special appropriations, which may be different for each enterprise, and some enterprises even write off the special appropriations with an entry: Debit: Special payables - project credit:

Management Expenses – Research Expenses.

2. When special research projects need to purchase fixed assets such as instruments and equipment: borrow: fixed assets loan:

Bank Deposit Borrow: Special Payables - Project Loan: Capital Reserve Whether it is during or after the completion of a special research project, the depreciation of the fixed assets should be treated as the depreciation policy of the fixed assets used in the company's daily production and operation.

For the products formed in the special study, the accounting treatment is as follows: Loan: Inventory Loan:

Capital reserve.

Collect financial subsidies and make special payables, and depreciate and offset special payables every year.

The Interim Measures for the Administration of the Transfer of State-owned Property Rights of Enterprises (Order No. 3 of the State-owned Assets Supervision and Administration Commission and the Ministry of Finance) stipulates that if the transfer of state-owned equity results in the transferor no longer having a controlling position, the employee must be resettled in accordance with the regulations. If only a part of the state-owned equity is transferred, and the state-owned shares do not lose their controlling position, no matter how the equity is changed, no matter how the equity is changed, no arrangement can be made for the placement of employees. Because the equity transfer, as the name suggests, only the equity ratio or the identity of the shareholder has changed, the company still exists, and it is the company, not the shareholder, that establishes labor relations with the employees.

In practice, we have also encountered various requirements for employees to receive compensation for status change while continuing to retain their jobs when the equity of a central enterprise is transferred as the controlling shareholder, trying to prevent the state-controlled enterprise from withdrawing, believing that once the interests of the employees are not guaranteed by the intervention of the private enterprise, the employee placement plan cannot be passed by several workers' congresses. In fact, this is the misunderstanding or coercion of the employees of the particularly responsible ** enterprise and law firm, the transfer of equity of state-controlled enterprises is not necessary to resettle employees, and the target company has the obligation to perform the labor contract with the employee as stipulated by law, because after the labor contract law takes effect, the target company cannot have a labor contract with the employee. The change of shareholders does not affect the execution of the employment contract.

If the workers' congress does not approve the legal employee placement plan, other solutions that can be selected are: a: directly enter the property rights trading center for equity transfer after approval in accordance with the law; or b:

The target company shall first carry out economic layoffs in accordance with the procedures stipulated in the Labor Contract Law, and then start the equity transfer procedure after terminating the labor contracts of some or most of the employees; or c. The target company enters the liquidation procedure in accordance with the law, and carries out restructuring or equity transfer after releasing employees.

The system provides balance sheet, profit and loss statement, inventory monthly report, cash flow statement, and the above reports can realize data export, the report printing format is defined by the user, and the custom combination of query conditions is added to the report, and the "penetration" display of the report is found until the corresponding accounting voucher is found. Users can also choose their own report module according to the actual situation, calculate and print.

According to Article 61 of the General Principles of Loans, it is clearly stipulated that "enterprises shall not engage in loans or disguised lending and financing business in violation of state regulations". Therefore, not only are enterprises not allowed to borrow from each other, but they are not even allowed to "disguise" borrowing and financing. For lenders, direct lending between enterprises carries greater legal risks

1. "Public institution" refers to a social service organization organized by a state organ or other organization using state-owned assets in accordance with the law, and engaged in public welfare activities such as education, science and technology, culture, and health, for the purpose of social public welfare undertakings and not for profit.

2. Fully funded public institutions, also known as full funding institutions, that is, public institutions with full budget management, are a form of management in which all the business funds required by them are allocated by the state budget. This form of management is generally applicable to public institutions that have no income or whose income is unstable, such as schools, scientific research units, health and epidemic prevention institutions, business administration and other public institutions, that is, personnel expenses and public expenses must be provided by the state finance.

3. The difference appropriation institutions (financial subsidy institutions) shall be partially funded by the financial department and included in the budget by the financial department; The unit bears part of the funds, which are paid by the unit before tax, such as hospitals. The personnel expenses of the shortfall appropriation unit shall be allocated by the state treasury, and other expenses shall be self-raised. In accordance with the relevant state regulations, units that allocate funds for shortfalls should, according to the degree of autonomy in their funds, implement lump sum of wages or other management methods that suit their own characteristics, so as to prompt them to gradually reduce their state financial allocations and make the transition to self-collection and self-expenditure of funds.

4. Self-supporting institutions, also known as self-supporting institutions, are public institutions that are not funded by the state.

The salary of financial subsidy institutions is not high, I am in Conghua, Guangzhou, and the standard of financial subsidy institutions here is 16,000 per person a year, and the low one can be ......

There should be five insurances and one housing fund. But it's very secure. It's usually not going to go out of business or something......

"Financial subsidy institutions" are divided into public institutions according to the income of the unit, including two types: financial support for public institutions, such as compulsory education schools, and financial difference or fixed subsidy institutions, such as hospitals. Institutions that are fully supported by the government can be divided into institutions managed by civil servants and institutions that are fully subsidized by the government by referring to those managed by non-civil servants.

If you look at the salary payment channel, it usually means the same thing, but the words are not accurate, if it is all the financial subsidies, the wages are paid in full by the Finance Bureau. A partial subsidy is a partial payment, such as a hospital.

Generally speaking, the financial allocation is the same as the above two methods, but there is another way to say that the financial department separately sets the budget and salary for the hired personnel, which belongs to the supernumerary hired personnel.

What does financial subsidy mean?