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How do accountants in software development companies operate?
How do accountants in software development companies operate?

Accounting treatment:

1. Pay the turnover tax of last month.

Debit: Taxes payable-Unpaid VAT

Loans: bank deposits

2. Received the refunded VAT.

Debit: bank deposit-* * bank

Loan: subsidy income

Carry forward:

Borrow: subsidy income.

Loan: profit this year

Step 3 sell software

Debit: bank deposit-* * bank

Loan: product sales revenue-software products

Taxes payable-VAT payable (output tax)

4, software training income

Borrow: cash or bank deposit

Loan: main business income-training income

5. Raw materials purchased

Borrow: raw materials

Taxes payable-VAT payable (input tax)

Loans: bank deposits

6. Expenses incurred

Borrow: management expenses or sales expenses or operating expenses.

Loan: cash or bank deposit

Step 7 pay wages

Debit: payable to employees.

Loan: bank deposit-* * bank

At the end of the month

Borrow: Taxes payable-VAT payable (transfer-out unpaid VAT)

Loan: Taxes payable-VAT unpaid

Debit: product sales tax and surcharges

Loan: taxes payable-urban construction tax payable.

Other payables-education surcharge payable

Debit: Other business expenses.

Loan: taxes payable-business tax payable-urban construction tax payable.

Other payables-education surcharge payable

Tax treatment of software development enterprises

1. If the software development enterprise is a general VAT taxpayer, the part with a tax burden exceeding 3% will be refunded immediately. Double soft enterprise income tax is exempted from 2 minus 3, and high-tech enterprise income tax rate is levied at 15%. When taxpayers are entrusted to develop software products, the copyright belongs to the entrusted party, and the copyright belongs to the entrusting party or both parties. No value-added tax (that is, business tax).

2. Software enterprise identification standard: self-developed, personnel engaged in software development must account for more than 50% of the total number of employees in the enterprise, development funds account for more than 8% of annual software revenue, and annual software sales revenue accounts for more than 35% of total revenue, of which self-produced software revenue accounts for more than 50% of software revenue. Those that do not meet the standards cannot be identified as software enterprises.

Three. Identification standard of high-tech enterprises: the scientific and technical personnel with college education or above account for more than 30% of the total employees of enterprises, among which the scientific and technical personnel engaged in research and development of high-tech products should account for more than 10% of the total employees of enterprises. Labor-intensive high-tech enterprises mainly engaged in the production or service of high-tech products, scientific and technical personnel with college education or above should account for more than 20% of the total number of employees of enterprises. Research and development funds should account for more than 5% of the total sales of the enterprise in that year. High technology.

4. Apply for a refund, with complete relevant information and accurate data.

How do accountants in software development companies operate? According to our introduction in the above article, you can understand the requirements of enterprise accounting treatment, especially the accounting treatment of software development enterprises. You can refer to our relevant introduction in the above article. For more wonderful knowledge about accounting and tax law, please refer to our introduction.