What conditions should be met for the confirmation of commodity sales revenue?

Only when the income from the sale of goods meets the following conditions can it be confirmed:

(1) The enterprise has transferred the main risks and rewards of commodity ownership to the buyer.

(2) The enterprise has neither retained the right to continue management, which is usually associated with ownership, nor effectively controlled the sold goods.

(3) The amount of income can be measured reliably.

(4) Relevant economic benefits are likely to flow into the enterprise.

(5) The related costs that have occurred or will occur can be measured reliably.

An enterprise shall determine the amount of income from selling goods according to the contract or agreement price received or receivable from the buyer, except that the contract or agreement price received or receivable is unfair.

If the contract or agreement price is collected in a deferred way and is financing in nature, the amount of income from selling goods shall be determined according to the fair value of the contract or agreement price receivable.

The difference between the receivable contract or agreement price and its fair value shall be amortized by the effective interest method during the contract or agreement period and included in the current profit and loss.

Where cash discounts are involved in the sale of commodities, the amount of income from the sale of commodities shall be determined according to the amount before deducting cash discounts. Cash discount is included in the current profit and loss when it actually occurs.

Where the sale of goods involves commercial discounts, the amount of income from the sale of goods shall be determined according to the amount after deducting the commercial discounts.

If the enterprise has confirmed the sales discount of the sold goods, it shall offset the current sales revenue when it occurs.

If an enterprise has confirmed the sales return of the sold goods, it shall offset the current sales income.

What are the four conditions for the confirmation of commodity sales revenue?

When the contract between the enterprise and the customer meets the following conditions at the same time, the enterprise shall confirm the income when the customer obtains the control right of the relevant goods.

1, the parties to the contract have approved the contract and promised to fulfill their respective obligations; (The contract has been signed and sealed)

2. This contract clarifies the rights and obligations of the parties to the contract related to the transferred goods or the provision of services; (This contract does not include framework agreement and strategic cooperation agreement, because it is not legally binding.)

3. The contract has clear payment terms related to the transferred goods; (No payment terms are donations)

4. The contract has commercial essence, that is, the performance of the contract will change the risk, time distribution or amount of the future cash flow of the enterprise; (Without commercial substance, revenue cannot be recognized)

5. The consideration that the enterprise has the right to obtain due to the transfer of goods to customers is likely to be recovered.

(2) Conditions for confirming income from selling commodities.

characteristic

1, income is generated from the daily activities of the enterprise, not from accidental transactions or events;

2. Income is the total inflow of economic benefits unrelated to the capital invested by the owner;

3. Income will inevitably lead to the increase of enterprise owners' equity;

4. Income only includes the inflow of economic benefits of the enterprise, excluding the money collected for third parties or customers.

compose

1, according to the nature of daily activities of enterprises, income can be divided into sales of goods, provision of labor services, income from the right to use transitional assets, income from construction contracts, etc.

2. According to the importance of daily activities in enterprises, income can be divided into main business income and other business income.

What is the recognition standard of sales revenue and revenue time?

The income from the sale of goods can only be confirmed if it meets the following conditions:

1. The enterprise has transferred the main risks and rewards of commodity ownership to the buyer.

2. The enterprise has neither retained the right to continue management, which is usually associated with ownership, nor effectively controlled the sold goods.

3. The amount of income can be measured reliably.

4. Related economic profits are likely to flow into the enterprise.

5. Related costs that have occurred or will occur can be measured reliably.

What conditions should be met at the same time for the confirmation of sales revenue?

The five conditions for the confirmation of commodity sales revenue are:

1. The enterprise has transferred the main risks and rewards of commodity ownership to the buyer.

Second, the enterprise has neither retained the right to continue management, which is usually associated with ownership, nor effectively controlled the sold goods.

Third, the amount of income can be measured reliably.

Fourth, related economic benefits are likely to flow into enterprises.

5. The related costs that have occurred or will occur can be measured reliably.

In accounting, what are the conditions for confirming the realization of product sales revenue?

The condition for confirming the realization of product sales income is in accordance with the requirements of accrual principle. Enterprises should confirm the realization of income when they meet the following two conditions at the same time: First, all the things for obtaining this income have happened; The second is that the income that should be recognized can be reasonably and accurately reflected in the amount.

What is the recognition principle of sales revenue?

When an enterprise sells goods, whether the income can be recognized depends on whether the sales can meet or satisfy the following five conditions at the same time. For the sales of goods that can meet the following five conditions at the same time, the sales income should be recognized according to the relevant provisions of accounting standards, otherwise it cannot be recognized. In the concrete analysis, we should follow the principle that substance is more important than form and pay attention to the professional judgment of accountants.

1. The enterprise has transferred all the main risks and rewards of commodity ownership to the buyer.

Risks mainly refer to the losses caused by depreciation, damage and scrapping of commodities; Remuneration refers to the future economic benefits contained in the commodity, including the economic benefits brought by the value-added and direct use of the commodity. If any loss of a commodity does not need to be borne by the enterprise, and the economic benefits brought by it are not owned by the enterprise, it means that the risks and rewards of the ownership of the commodity have been transferred to the buyer.

It depends on different situations to judge whether the main risks and rewards of a commodity ownership have been transferred to the buyer. Whether the main risks and main rewards are transferred can be summed up in the following four situations.

(1) All the major risks and major rewards have not been transferred.

A manufacturer distributes its products to local distributors through consignment, and the distributors are responsible for consignment. The distributors can charge a handling fee according to a certain proportion of the sales amount, but they are not responsible for underwriting.

(two) the main remuneration has been transferred, and the main risks have not been transferred.

In order to obtain a * * * contract for the construction of a specific road section, A Road Construction Company purchased several heavy bulldozers from the manufacturer of Party B. The purchase and sale contract stipulated that if A Road Construction Company finally failed to obtain the * * * contract for road construction, it could return the bulldozers.

(three) the main risk has been transferred, and the main reward has not been transferred.

Enterprise A sells a piece of land to real estate company B at a market price of 400,000 yuan. According to the sales agreement, enterprise A has the right to buy back the sold land at a price equal to 1 10% of the original price at the end of the second year after the transaction, but real estate company B has no right to ask enterprise A to buy back. After the transaction, the real estate market has been in a downturn, and it is expected that it will be difficult to improve in the past two years.

(4) The major risks and major rewards have all been transferred.

Enterprise A sells a batch of goods to a customer, and the goods have been sent out, and has obtained the right to collect the payment. According to the business experience with this customer for many years, there is no major uncertainty in the recovery of the price.

In addition, the main risks and rewards are relative to the secondary risks and rewards. If the enterprise only retains the secondary risks of ownership, the sales are established and the corresponding income should be confirmed.

For example, when a company sells product B, the purchasing enterprise is allowed to return the goods within three months due to reasons such as unqualified quality. According to past experience, the company's estimated return ratio is 1% of sales. In this case, although the company still retains certain risks, this risk is secondary. The main risks and rewards associated with ownership have been transferred to the buyer, and the company should confirm the income. (Assuming that the company's revenue from selling product B is1100,000 yuan, the sales cost is 800,000 yuan, and the value-added tax rate is 17%, the company should make the following accounting treatment when selling products:

Debit: accounts receivable1170,000 yuan.

Loan: main business income100000 yuan.

Taxes payable-VAT payable (output tax)170,000 yuan

After estimating the possibility of reasonable return at the end of the sales month, the following accounting treatment shall be made:

Debit: main business income 1 ten thousand yuan (1ten thousand yuan × 1%)

Loan: the main business cost is RMB 8,000 (RMB 800,000×1%).

Other payables are RMB 2,000.00 Yuan.

Two, the enterprise has neither retained the right to continue management, which is usually associated with ownership, nor exercised control over the sold goods.

(A) the right to continue management

1. Continuing management rights related to ownership.

If enterprise A is a real estate development enterprise and sells its undeveloped land to enterprise B, the contract stipulates that enterprise A will develop this land. After the developed land is sold, the profits will be shared by enterprise A and enterprise B in proportion. This situation belongs to the fact that enterprise A retains the right to continue management related to ownership. This transaction is not a sales transaction, but an investment transaction in which enterprise A and enterprise B * * * develop the land and * * * share the profits. Therefore,

2. The right to continue management that has nothing to do with ownership.

If a developer sells a residential area he has developed to a customer and is responsible for the future property management of the residential area, it belongs to the right of continuous management that has nothing to do with ownership. When a developer sells a commercial house, if it meets other conditions for income recognition at the same time, it should recognize income.

(two) the implementation of effective control of sold goods (mainly refers to after-sale repurchase)

1. If the repurchase price has been specified in the contract.

If enterprise A sells its products to enterprise B, the repurchase price of the contract concluded by both parties is100000 yuan. Assuming that the market price on the day of repurchase is1200000 yuan, enterprise A will pay less than 200000 yuan when buying back the goods, and enterprise A will get a reward of 200000 yuan. If the market price on the day of repurchase is 900,000 yuan, enterprise A will pay100,000 yuan more when repurchasing goods, and enterprise A will bear the loss of100,000 yuan.

It can be seen that the main risks and rewards embodied in the ownership of goods are not transferred to the buyer, and at the same time, the goods are controlled, so enterprise A should not recognize income when selling products.

2. If the repurchase price is the market price on the repurchase day.

For example, if enterprise A sells the goods to enterprise B at a price of1000000 yuan, both parties clearly stipulate when concluding the contract that the repurchase price of enterprise A when repurchasing the goods is the market price on the repurchase day. Assuming that the market price on the day of repurchase is1300,000 yuan, enterprise B will get a reward of 300,000 yuan in the process of repurchasing goods by enterprise A; Assuming that the market price on the day of repurchase is 850,000 yuan, enterprise B will suffer a loss of150,000 yuan in the process of repurchasing goods by enterprise A.

Although the main risks and rewards embodied in the ownership of goods have been transferred to the buyer, because enterprise A controls the sold goods, enterprise A should not confirm the sales income when selling the goods.

Three, the amount of income can be measured reliably.

Whether the income can be measured reliably is the basic premise to confirm the income. When an enterprise sells goods, the selling price is usually determined. However, due to some uncertain factors, the selling price may change. Before the new selling price is determined, even if the money has been received, the income should not be recognized, but the actually received money should be treated as an advance account. After the new selling price is determined, the accounting treatment of confirming income, making up or returning the overcharged money shall be carried out according to the relevant provisions of the products sold in advance.

Four, the relevant economic benefits are likely to flow into the enterprise.

Economic benefits refer to cash or cash equivalents that directly or indirectly flow into an enterprise. In the transaction of selling goods, the economic benefits related to the transaction are the price of selling goods. It probably means that the possibility of economic benefits flowing into the enterprise exceeds 50%, and whether the price of goods sold can be recovered with certainty is an important condition for revenue recognition. When an enterprise sells goods, if it is estimated that it is unlikely that the price will be recovered, even if other conditions for revenue recognition have been met, it should not recognize revenue.

For example, on May 8, 2008, Enterprise A sold a batch of goods to Enterprise B by way of collection and acceptance. The cost was10 million yuan, and the price was 20 million yuan. The value-added tax indicated on the special invoice was 3.4 million yuan. The goods have been sent out and the procedures have been completed. At this point, it is learned that enterprise B has suffered huge losses in another transaction, and it is unlikely that this payment will be recovered, which means that the economic benefits related to this transaction are unlikely to flow into the enterprise or not. Therefore, enterprise A should not recognize income, but should conduct the following accounting treatment.

(1) Borrow: issue goods10 million yuan.

Loan: inventory goods10 million yuan.

(2) Debit: accounts receivable of 3.4 million yuan.

Loan: Taxes payable-VAT payable (output tax) 3.4 million yuan.

(If the tax obligation has not yet occurred, there is no need to make a second entry.)

5. The related costs that have occurred or will occur can be reliably measured.

According to the principle of matching income and expenses, the income and cost related to the same sale should be recognized in the same accounting period. Therefore, if the cost cannot be measured reliably, even if other conditions are met, the relevant income cannot be recognized. If the price has been received, the received price should be recognized as a liability.

Example B Company sold a machine tool to enterprise M this year at a price of1million yuan, and enterprise M has paid all the money. The machine tool1February 3 1 day has not been completed yet, and the cost incurred is 600,000 yuan, so it is difficult to reasonably determine the cost to be incurred after completion.

At this time, enterprise B can't confirm the sales revenue. Although the revenue can be measured reliably and has been received, the cost can't be measured reliably, and it is impossible to match the income and expenses in the same accounting period. Therefore, when actually receiving the money, the following accounting treatment should be made.

Debit: bank deposit100000 yuan.

Loan: accounts received in advance100000 yuan.

Among the following items, () belongs to the condition of income confirmation of sales goods.

The accounting system stipulates that the incoming of copied and sold goods can only be confirmed when the following four conditions are met at the same time:

(1) The enterprise has transferred the main risks and rewards of commodity ownership to the buyer;

(2) The enterprise neither retains the right to continue management, which is usually associated with ownership, nor controls the goods that have been sold;

(3) the economic benefits related to the transaction can flow into the enterprise;

(4) Relevant income and costs can be measured reliably.

So ABE

D said that it is likely to flow into the enterprise because it is not accurate enough to choose.

What conditions must be met at the same time for the confirmation of sales revenue?

According to Article 1 of the Notice of State Taxation Administration of The People's Republic of China on Several Issues Concerning the Recognition of Enterprise Income Tax (Guo Royalty Letter [2008] No.875), unless otherwise stipulated in the Enterprise Income Tax Law and its implementing regulations, the recognition of enterprise sales income must follow the accrual principle and the principle that substance is more important than form.

(1) If an enterprise sells goods that meet the following conditions at the same time, it shall confirm the realization of income:

1. The commodity sales contract has been signed, and the enterprise has transferred the main risks and rewards related to commodity ownership to the buyer;

2. The enterprise has neither retained the right of continuous management, which is usually associated with ownership, nor implemented effective control over the sold goods;

3. The amount of income can be measured reliably;

4. The cost of the seller that has occurred or will occur can be reliably accounted for.

What are the conditions for enterprises to confirm sales revenue?

The conditions for an enterprise to confirm sales revenue are:

A the enterprise has transferred the main risks and rewards of commodity ownership to the buyer;

B. not retaining the right to continue management, which is usually associated with ownership;

C. no longer control commodities;

D the economic benefits related to the transaction can flow into the enterprise;

E related income and costs can be measured reliably. What are the confirmation conditions of commodity sales revenue?

Conditions for confirmation of sales revenue:

Only when the income from the sale of goods meets the following conditions can it be confirmed:

(1) The enterprise has transferred the main risks and rewards of commodity ownership to the buyer;

(2) The enterprise has neither retained the right to continue management, which is usually associated with ownership, nor effectively controlled the sold goods;

(3) The amount of income can be measured reliably;

(4) Relevant economic benefits are likely to flow into the enterprise;

(5) The related costs that have occurred or will occur can be measured reliably.