1. Residual value: refers to the residual value that can be expected to be recovered at the end of the service life of an asset, that is, the price that can be charged when a fixed asset is scrapped at the end of its service life.

2. Net salvage value: refers to the residual value of fixed assets after their expiration, minus the expenses payable for cleaning up fixed assets.

Second, the calculation method is different.

1. Residual value: original value of fixed assets × residual value rate.

2. Net salvage value: net salvage value of fixed assets = estimated recoverable salvage value of fixed assets when scrapped-estimated cleaning cost, net salvage value of fixed assets = original value of fixed assets × estimated salvage value rate.

Third, the relevant provisions are different.

1, salvage value: the proportion of salvage value is less than 5% of the original price, which is determined by the enterprise itself; If it is necessary to adjust the proportion of residual value due to special circumstances, it shall be reported to the competent tax authorities for the record.

2. Net salvage value: buildings, machinery, machinery, transportation tools and other equipment, appliances and tools related to production and operation with a service life of more than one year. Articles that do not belong to the main equipment for production and operation, with a unit value of more than 2,000 yuan and a service life of more than 2 years.

Artificial materials that do not meet the above standards and conditions are not managed and accounted for as fixed assets, but as low-value consumables.

Baidu encyclopedia-surplus value

Baidu encyclopedia-net salvage value