Accrual refers to multiplying a specified base (such as the statutory wages paid to employees) by a specified proportion (such as 14% of the wages stipulated in the national welfare funds payable), and the process of extracting the welfare funds payable calculated in this way is the explanation of the latter sentence.
Extended data:
At the beginning of 200 1, in the latest enterprise accounting system promulgated by the Ministry of Finance, the accounting reserves to be accrued by enterprises were expanded from four to eight. Therefore, the past "four regulations" will be replaced by "eight regulations".
Specifically:
1. The entrusted loan impairment reserve means that at the end of the period, the enterprise shall measure the principal or recoverable amount of the entrusted loan, whichever is lower, and accrue the entrusted loan impairment reserve for the difference between the recoverable amount and the principal. On the balance sheet, the net amount of principal and interest receivable of entrusted loans after deducting impairment reserve is incorporated into short-term investment or long-term debt investment projects.
2. The provision for impairment of fixed assets refers to the measurement of fixed assets at the end of the period according to the book value or the recoverable amount, and the provision for impairment of fixed assets is accrued for the difference between the recoverable amount and the book value.
3. The provision for impairment of intangible assets refers to the intangible assets whose recoverable amount is lower than their book value due to outdated technology, damage and long-term idleness at the end of the period, and the provision for impairment of intangible assets should be accrued.
4. The provision for impairment of construction in progress refers to the provision for asset impairment when the construction in progress of an enterprise is expected to be impaired, such as the construction in progress that has been stopped for a long time and is not expected to start again within three years.
References:
Baidu Encyclopedia-Revenue