A: At present, there is no official document to regulate this financial accounting. There are two ways.
1, normally accrued and included in the cost, and then transferred to non-operating income when exempted.
2. Because it is directly exempted, there is no need for accrual and accounting treatment.
According to the application guide of the Accounting Standards for Business EnterprisesNo. 16-Government Subsidies, in addition to tax refund, tax incentives include direct tax reduction, exemption, increase of tax deduction, and partial tax credit. Such tax incentives do not directly provide assets to enterprises free of charge, and are not regarded as government subsidies regulated by this standard, nor do they belong to Caishui [2008]1.
Problems in accounting treatment in enterprises under epidemic situation;
At present, there is a shortage of materials, and the masks and disinfectant that enterprises spend money on can't get invoices, and no one is willing to sign contracts. What should I do?
According to the "Hot Questions and Answers on Preferential Tax Policies for Epidemic Prevention and Control (Phase VI)" of the State Administration of Taxation, can the protective materials purchased by enterprises, such as masks, protective clothing and disinfectant, be deducted before tax if they cannot obtain invoices? Answer: According to the Announcement of State Taxation Administration of The People's Republic of China on Release (State Taxation Administration of The People's Republic of China Announcement No.2018 No.28), if the expenditure items of an enterprise in China belong to VAT taxable items, the other party is a VAT taxpayer who has registered for tax, and its expenditure is based on invoices (including invoices issued by tax authorities according to regulations) as pre-tax deduction vouchers; If the other party is a unit that does not need to apply for tax registration according to law or an individual engaged in small-scale sporadic business, its expenses shall be deducted before tax with invoices or receipts and internal vouchers issued by the tax authorities, and the receipts shall contain the name of the payee, personal name and ID number, expenditure items, amount of payment and other relevant information.
The amount of public welfare donation expenditure incurred by individuals shall be determined in accordance with the following provisions:
Referring to the medical supplies donated directly by individuals to designated hospitals for epidemic prevention and control in the Hot Questions and Answers on Preferential Tax Policies for Epidemic Prevention and Control (Phase VI) of the State Administration of Taxation, hospitals need to issue acceptance letters to individuals. Besides the name, ID number, item name and quantity, should the acceptance letters also indicate the value of donated materials? If the hospital acceptance letter does not specify the amount, what proof materials should be provided when deducting personal income tax in order to fully deduct it? Answer: You can keep invoices, shopping receipts and other purchase vouchers when purchasing medical protection materials.
Xiaobian has sorted out how to make an account of social security relief during the epidemic. At present, there is no clear document in the country stipulating the accounting treatment, which can be included in the expenses, and then the expenses can be transferred to non-operating income, or you can not make an account directly. If you have any other questions, you can also contact our window teacher, and we will update our website according to your requirements.