How to adjust the account to make up the rental fee of 200,000 yuan in the previous year?

Didn’t you pay it in the previous year? According to my understanding, when making a repayment, do the following:

Debit: Adjustment of profit and loss in previous years 20

Credit: Bank deposit 20

This was caused by the omission of rental fees in the previous period. If you pay more income tax, you must apply to the tax department for a refund of the overpaid tax

Debit: Deferred income tax liability 5 (20*25%)

Credit: Adjustment of profit and loss in previous years 5

Transfer the adjustment of profit and loss of previous years to undistributed profits

Debit: Profit distribution-undistributed profit 15

Credit: Adjustment of profit and loss of previous years 15

In addition, if the amount of the repayment is small and the invoice is issued in the current period, then it is better to directly pay the expenses of the current period to avoid the trouble of adjustment. Make up rent for previous years

The tax law stipulates that unpaid expenses should be made in previous years and are not allowed to be made up in subsequent years

It is better to record them directly as expenses for this year. For tax audit purposes At this time, please explain in detail how to record the back payment of property tax and house rental business tax in previous years?

Part of the company's factory is rented out and part is used for its own use. Now I have paid back the property tax from 2007 to 2009, as well as the business tax from 2007 to this month and the additional embankment fees, urban construction tax, and education surcharge. I also issued an invoice for the rental of the house. It seems that the impact on the current profit and loss is quite large. I think the expenditures of previous years can be recorded, like this: debit the profit and loss adjustment of the previous year and credit the bank deposit; then debit the retained profits and credit the profit and loss of the previous year. Adjustment.

Late payment fees are included in the non-operating expenses of the current period.

The real estate was only accounted for last month. If it is a factory, all depreciation can be included in manufacturing expenses.

For your reference. The forest purchased in previous years was not recorded in the accounts. Can I make up for it now and how?

Then make it up in the current month. Otherwise, if you make it up in the previous month, your financial statements will change. How to make up for the losses in previous years?

"Answer" "The State Council's Decision on Cancellation and Adjustment of the Third Batch of Administrative Approval Projects" (Guofa [2004] No. 16) cancels the approval of enterprises to make up for losses before tax. According to the provisions of the "Notice of the State Administration of Taxation on the follow-up management of corporate income tax approval projects that have been canceled and decentralized" (Guo Shui Fa [2004] No. 82), after the audit project is cancelled, taxpayers can make their own tax returns when Calculating and making up losses from previous years does not require approval from the competent tax authorities. However, we need to remind your company that the above-mentioned "losses" and "profits" refer to the amounts after tax adjustments in accordance with tax laws, not the amounts recorded in the company's accounting accounts. If an enterprise fails to make tax adjustments in accordance with tax laws and falsely reports losses, the tax authorities should make tax adjustments and make up for the tax. If tax evasion occurs, penalties will be imposed in accordance with the relevant provisions of the "Tax Collection and Management Law of the People's Republic of China".

I mistakenly recorded the previous year's borrowings as income, how to adjust the account?

Is it the monthly settlement?

If the accounting is done by software, reverse the settlement

If the accounting is done manually, use the red letter correction method to correct the excess of 10,000 yuan in business entertainment expenses. For example, how to make adjustments using the 'Adjustment of Profit and Loss in Previous Years' account.

Accounting errors that occur in enterprises can be divided into major accounting errors and non-significant accounting errors. Among them, major accounting errors refer to accounting errors that make accounting statements no longer reliable.

1. If the amount of the overcharge is small, it is a non-significant accounting error, and this year’s accounting entries can be adjusted directly.

2. If the amount is large, it should be included in the previous expenses. Annual profit and loss adjustment account

Debit: Welfare fees payable

Accrued expenses

Credit: Adjustment of profit and loss in previous years

Adjustment of income tax payable

Debit: Adjustment of profit and loss in previous years

Credit: Tax payable - income tax payable

Transfer the balance of profit and loss in previous years to profit distribution

Debit: Adjustment of profit and loss in previous years

Credit: Profit distribution - undistributed profits

Adjustment of profit distribution figures

Debit: Surplus reserve< /p>

Credit: Profit distribution - undistributed profits

3. Adjust the statement (if you adjust the account in June, just adjust the beginning of the year number in the June statement)

< p> Adjust the opening number of this year's report. In the balance sheet - the amount of welfare fees payable and accrued expenses items decreases, the amount of tax payable items increases, the amount of surplus reserve items increases, and the amount of profit distribution items increases.

In the income statement, if the monthly report only contains this month's number and the previous month's number, and does not involve last year's amount, in the December annual report, adjust the previous year's number, reduce the corresponding cost account amount, and increase The amount of income tax, the amount withdrawn from statutory surplus reserve, and the amount withdrawn from statutory public welfare fund increased.

How can I make up for losses in previous years?

"Answer" "The State Council's Decision on Cancellation and Adjustment of the Third Batch of Administrative Approval Projects" (Guofa [2004] No. 16) cancels the approval of enterprises to make up for losses before tax. According to the provisions of the "Notice of the State Administration of Taxation on the follow-up management of corporate income tax approval projects that have been canceled and decentralized" (Guo Shui Fa [2004] No. 82), after the audit project is cancelled, taxpayers can make their own tax returns when filing tax returns. Calculating and making up losses from previous years does not require approval from the competent tax authorities.

However, we need to remind you that the above-mentioned "losses" and "profits" refer to the amounts after tax adjustments in accordance with tax laws, not the amounts recorded in the company's accounting accounts. How to make up for the surplus reserve of previous years

Here is a case with a situation similar to yours. You can refer to it. At the end of last year, 2006.12, I did not mention the statutory surplus reserve and statutory public welfare fund. (Because these funds are not used at all in our company), today my boss hired an accountant to check my account over the weekend. He said that if it doesn’t work, he must raise it. Since people at the tax bureau are very sensitive to the subject "Adjustment of Profit and Loss from Previous Years", it is best to use it with caution. In addition, this item has no impact on the total owner's equity, so it is recommended to adjust the beginning of the balance sheet. The entries are made as follows: Profit distribution - Withdrawal of statutory surplus reserve fund - Withdrawal of statutory public welfare fund: Surplus reserve - Statutory surplus reserve fund - Statutory public welfare fund loan: Profit distribution - Undistributed profits loan: Profit distribution - Withdrawal of statutory public welfare fund Surplus reserve --- Withdrawal of statutory public welfare funds. Before, I thought that withdrawing provident funds was not important and had no impact on taxation, especially when private companies do not distribute profits, so I did not mention it. However, the CPA believes that from the perspective of the "Company Law" It says it should be mentioned, this is more compliant. When to find out and when to make additional provision

1. In the first step, go directly to the detailed account of "Undistributed Profit", except that the step of calculating surplus reserve is missing

2. To make additional provision now Withdrawal only needs to be processed according to the method of correcting errors in previous years. The entries are: Debit: Profit distribution--Withdrawal of statutory reserve fund Credit: Surplus reserve--Statutory surplus reserve fund (Note: Only after the after-tax profits make up for the previous year's losses Only if there is a profit, the profit after making up for the loss will be withdrawn. If there is no profit after making up for the loss, there is no need to withdraw it).

3. The entries for the current year's accrual are the same as above, but note that the statutory surplus reserve fund, public welfare fund and "profit for the year" accounts are not ***.