1, government support funds related to assets are included in profit and loss or current profit and loss;

2. Income-related government support funds are included in the current profit and loss or offset related costs, other income or offset related costs or non-operating income and expenses.

According to the Accounting Standards for Business EnterprisesNo. 16-Government Subsidies:

Article 8 Government subsidies related to assets shall offset the book value of related assets or be recognized as deferred revenue. If the government subsidy related to assets is recognized as deferred revenue, it shall be included in the profit and loss by stages in accordance with a reasonable and systematic method within the service life of the related assets. Government subsidies measured according to the nominal amount are directly included in the current profits and losses. If the relevant assets are sold, transferred, scrapped or damaged before the end of the service life, the undistributed deferred revenue balance shall be transferred to the profit and loss of the current asset disposal period.

Article 9 Government subsidies related to income shall be accounted for according to the following provisions:

(1) If it is used to compensate the related costs or losses of the enterprise in the future, it will be recognized as deferred revenue, and it will be included in the current profit and loss or offset the related costs during the period when the related costs or losses are recognized;

(two) used to compensate the relevant costs or losses that have occurred in the enterprise, directly included in the current profit and loss or offset the relevant costs.

Article 10 For government subsidies that include both asset-related parts and income-related parts, different parts shall be accounted for separately; If it is difficult to distinguish, it should be classified as a government subsidy related to income as a whole.

Eleventh government subsidies related to the daily activities of enterprises should be included in other income or offset related costs and expenses according to the essence of economic business. Government subsidies unrelated to the daily activities of enterprises shall be included in non-operating income and expenditure.

This sum should be credited to subsidy income.

Extended data:

Differences in tax treatment between special payables and government subsidies;

The financial funds obtained by enterprises from the financial departments and other departments of the people's governments at or above the county level that should be included in the total income, which meet the following conditions at the same time, can be regarded as non-taxable income and deducted from the total income when calculating the taxable income:

(a) the enterprise can provide the fund disbursement documents for the special purpose of the funds;

(two) the financial department or other government departments that allocate funds have special fund management measures or specific management requirements for the funds;

(three) the enterprise shall separately account for the funds and the expenditures incurred with the funds.

In addition to the above-mentioned qualified fiscal funds and the equity investment of the state as the owner, they should be included in the taxable income of the enterprise in the current year according to the provisions of Caishui [2008] 15 1.

References:

Baidu Encyclopedia-Accounting Standards for Business EnterprisesNo. 16-Government Subsidy

I. Financial support funds

(1) Making accounts

Debit: bank deposit

Loan: non-operating income-financial support funds

(2) Financial support funds need not pay value-added tax and business tax. For income tax, those who meet the requirements of non-taxation will not be taxed, otherwise income tax will be paid.

Second, the relevant provisions:

Article 1 of the Notice of the Ministry of Finance and State Taxation Administration of The People's Republic of China on Corporate Income Tax Policies Concerning Fiscal Funds, Administrative Fees and Government Funds (Caishui [2008] 15 1No.) stipulates that fiscal funds:

(a) all kinds of financial funds obtained by an enterprise shall be included in the total income of the enterprise in the current year, except those that belong to state investment and require the return of the principal after the use of the funds.

(2) The financial funds obtained by the enterprise for special purposes as specified by the competent departments of finance and taxation of the State Council and approved by the State Council are allowed as non-taxable income, which shall be deducted from the total income when calculating the taxable income.

The term "fiscal funds" as mentioned in this article refers to the financial subsidies, subsidies, loan interest subsidies and other kinds of special financial funds obtained by enterprises from the government and its relevant departments, including the value-added tax that is directly reduced or exempted, and various taxes that are refunded immediately upon collection, refunded first and refunded first, but excluding the export tax rebate obtained by enterprises according to regulations.

Article 1 of the Notice of the Ministry of Finance and State Taxation Administration of The People's Republic of China on the Handling of Enterprise Income Tax on Special-purpose Financial Funds (Caishui [2009] No.87) stipulates that enterprises shall pay the income tax for the period from 2008 1 month 1 day to 20 10/year1February 3 1 year.

(1) The enterprise can provide the fund disbursement document, and the document stipulates the special purpose of the fund;

(two) the financial department or other government departments that allocate funds have special fund management measures or specific management requirements for the funds;

(three) the enterprise shall separately account for the funds and the expenditures incurred with the funds.

According to the above provisions, the financial discount obtained by enterprises is financial funds. The financial funds shall be determined according to the above provisions whether they belong to non-taxable income.

In the case of non-taxable income, according to the provisions of Article 28 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China (Order No.512 of the People's Republic of China and the State Council), the expenses arising from the above-mentioned non-taxable income used for expenditure shall not be deducted when calculating the taxable income; The depreciation and amortization of assets used for expenditure shall not be deducted when calculating taxable income.

If the fiscal funds are not taxable income, they should be included in the total income of the enterprise to calculate and pay enterprise income tax.

As non-operating income, the government subsidy is received with the following entries: debit: cash on hand/bank deposit loan: non-operating income-subsidy income debit: this year's profit loan: non-operating income-subsidy income debit: tax payable on fixed assets-VAT payable (input tax) loan: bank deposit. Charge it to "subsidy income" or "non-operating expenses". 1, the government support fund is a special fund, which can be included in the "special payable" tax item. If this tax item is recorded, it does not involve the payment of business tax and income tax. (1) Loan for supporting funds: bank deposit, loan: special payables-investment promotion support fund (II) Borrowing when using expenses for enterprise investment promotion: special payables-investment promotion fund, loan: cash. 2. This amount can also be included in the "subsidy income" project. If it is included in subsidy income, business tax will not be paid, but it will be carried forward to this year's profit, and income tax will be calculated according to the annual profit. Therefore, because the government supports the fund name to allocate funds to your company, or plans to enter the "special accounts payable" part of the distribution, it is better to pay neither business tax nor income tax. 3. If this amount is included in the "non-operating expenses", the tax authorities have the right to ask you for taxes. In a narrow sense, government funds, also known as government subsidy funds, government-supported special funds, government-supported projects, etc., usually refer to the China government's use of fiscal policies to make mutual investment between the government and enterprises and institutions, to promote R&D investment in specific fields, accelerate the formation of industrialization, and promote the rapid development of related industries, so as to achieve national macroeconomic goals, scientific research goals and even national defense goals. The functions of government-guided funds in venture capital mainly include: guiding funds to participate in venture capital institutions; Support follow-up investment and reduce investment risks; Providing risk subsidies for venture capital risks; Provide investment protection. According to the Forecast Report on Market Operation and Development Prospect of China Government Guidance Fund Industry in 20021-2027 issued by Zhiyan Consulting, the scale and quantity of municipal government guidance funds account for the highest proportion of China government guidance funds. In the first half of 2020, the scale of municipal government guidance funds was 933 1.62 billion yuan, and the number of funds was 688. In the first half of 2020, among the number of guiding funds in six hot spots in China, the number of guiding funds in Jiangsu Province reached 136. Beijing's guiding fund reached 274.2 billion yuan.

Which subject should the government's support funds for enterprises be included in accounting?-Which subject should the government's support funds for enterprises be included in accounting? The government's support funds for enterprises should be included in the "non-operating income" accounting standards for small enterprises. The non-operating income includes: net income from the disposal of non-current assets, government subsidies, loss and donation income, income from inventory entry, foreign exchange income, rental income from renting packaging materials and commodities, etc.

What accounting subjects do government subsidies go into?-:There are two accounting methods for government subsidies: income method and capital method. Income method is to include government subsidies in current income or deferred revenue capital method is to include government subsidies in all equity income method. Accounting treatment: when confirming receivables: borrowing: other receivables loans: deferred revenue receives subsidies: borrowing: bank deposit loans: other receivables are allocated monthly: borrowing: deferred revenue loans: non-operating income capital method accounting treatment: when receiving subsidies:

Which subject should be credited with the project support funds applied to government departments? -:Under the new accounting standards, this should be regarded as "government subsidy" and included in the "non-operating income-government subsidy" when actually received.

What subjects are included in government subsidies?-:Extended information In practice, many government departments provide funds for research activities of a project in order to support the development of non-governmental non-profit organizations, while non-governmental non-profit organizations need to submit scientific research results to government departments; Or government departments to provide a non-profit organizations on schedule. ...

Which subject should the government's support funds allocated to enterprises be included in accounting? If the government's support funds allocated to enterprises have special purposes: Borrow: bank deposit loans: special payables if there is no special purpose: Borrow: bank deposit loans: non-operating income.

In which account should the financial support fund be accounted?-:In the accounting of non-operating income, if the use period (benefit period) is longer, you can now account for the "deferred revenue" account and carry it over to non-operating income by stages.

What subjects does the government subsidy expenditure enter? -:Government subsidies related to assets are usually in the form of monetary assets. Enterprises should debit "bank deposits" and credit "deferred revenue" according to the actual amount of money received. When government subsidies are used to purchase and build long-term assets, the purchase and construction of related long-term assets are consistent with the normal asset purchase and construction or R&D processing of enterprises, and are collected through "construction in progress" and "R&D expenditure". Upon completion, it will be converted into fixed assets or intangible assets. When the related long-term assets are available for use, when the related assets are depreciated or amortized, according to the expected service life of the long-term assets, the average allocation of deferred revenue will be transferred to the current profit and loss, the "deferred revenue" account will be debited, and the "non-operating income" account will be credited. The related assets will be disposed of (sold, transferred, scrapped, etc.) at or before the end of the service life, and the undistributed deferred revenue balance will be transferred to the income of the current asset disposal period at one time,

What accounting subjects should institutions include in paying the Party branch to help in groups?-:Institutions should set up two-level detailed accounts of "basic expenditure" and "project expenditure" under the account of "business expenditure", and set up detailed accounts according to the level of "expenditure economic classification" in "government revenue and expenditure classification account" for detailed accounting. Expenditure economic classification budget revenue and expenditure accounts include

In which subject should the financial support funds received by the enterprise be made-:If there is no support fund with special purpose, the account of non-operating income: borrowing: bank deposits and other loans: non-operating income-subsidy income.

How to account for government support funds-:special or non-special? If it's a special loan from bank deposits, special payables, if it's not a special loan from bank deposits, subsidy income.