Settling Accounts After Settlement

China's Provisional Regulations on enterprise income tax and its detailed rules of implementation stipulate that the enterprise income tax shall be paid in advance on a yearly basis, monthly or quarterly, payable within fifteen days after the end of the month or quarter, and within four months after the end of the year.

At the same time, the regulations and rules set up the "tax adjustment system", that is, the enterprise income tax laws, regulations and policies are regulated, and are implemented according to the tax law.

When the tax law is inconsistent with the financial accounting system, the enterprise's pre tax accounting profits must be adjusted according to the tax law when calculating the payment of enterprise income tax.

Enterprises should pay attention to the differences between the tax law and the aggregate provisions.

When the enterprise income tax declaration is made in the year, it is necessary to adjust the tax returns instead of adjusting the accounts. However, after the settlement is made, the tax officials should check out the accounting treatments that violate the national unified accounting system and make corresponding accounting adjustments.

Otherwise, the distortion of accounting information will cause enterprises to pay taxes or evade taxes repeatedly.

Under normal circumstances, because the accounting treatment of enterprises in violation of the provisions of the financial system and affect the previous year's profits and losses, we must adjust through the "previous year profit and loss adjustment" subjects.

The borrower adjusts the reduction of the previous annual income or the adjustment to increase the losses of the previous year, as well as the adjustment of the increased income tax; the adjustment of the lender's previous annual income or the adjustment to reduce the previous year's losses and the adjustment of the reduced income tax.

In the past year, the profit and loss adjustments were made in relation to profits and losses.

In the past year, inflated profits, including less cost, cost and multiple returns, were reduced in the previous year, including multiple costs, expenses and less profits.

Two, involving other non profit and loss categories.

Assets investment, including assets expenditure, is included in the living income, and the current account is included in the asset expenditure. Long term investment includes long-term investment, and long-term investment is confused with other assets.

Three, statements and future events.

Future events refer to matters that need to be adjusted or explained from the date of the balance sheet date to the date of approval of the financial statements, and adjust the contents, including adjusting the number of related items in the accounting statements of the reporting year, and adjusting the early figures of the related items at the end of the month (the end of last month).

Four, adjust the use of subjects.

The previous year's profit and loss adjustment and the items involved in profit and loss in the previous year are recorded in this subject, and all matters relating to assets, liabilities and owner's equity are recorded in relevant subjects.

The example is as follows: the industrial and commercial enterprises (non Limited by Share Ltd) of the 2000 year profit and loss statement reflects that the pre tax profit of the whole year is 2 million yuan, and the enterprise has declared 660 thousand yuan (no adjustment) of the annual income tax payable according to the taxable income of 2 million yuan.

There is no previous year's outstanding deficit.

In March 2, 2001, when the tax payer paid the settlement to the enterprise, it was found that 2000 of the following cases were: the annual salary was 2 million 300 thousand yuan, and the total amount of tax paid was 2 million yuan; 1., the actual welfare cost of employees was 320 thousand yuan, the trade union fund was 50 thousand yuan, and the staff education cost was 40 thousand yuan; in June 3.2000, the enterprise purchased a management equipment and put it into operation in the month, worth 50 thousand yuan, which was directly charged into the "management cost" account.

The equipment was depreciated for 10 years (neglecting the residual value) and adopted the method of straight-line depreciation; 4. enterprises sold one office house in September. The net income was completed in the month. The net income was 200 thousand yuan, until the end of 2000. The 5. enterprises raised the interest rate of 80 thousand yuan for the short term loan of 80 thousand yuan, and the 6. "outlay" donated 20 thousand yuan directly to a primary school; 7. business hospitality was 100 thousand yuan.

The amount of the income tax shall be accounted for: 281, 33%, = 33% (= 10000 yuan), accounting for the adjustment of the accounts: 1. shall pay the enterprise income tax = 92.73-66 = = (million yuan): borrow money: the previous year's profit and loss adjustment shall be tax payable, the tax payable shall be paid in the last year of the year, and the actual salary shall be paid in the last year. Although the tax payroll is RMB yuan, according to the financial system, the wages can be paid in real terms, so there is no need to adjust the accounts. 3. according to the financial regulations of the industrial enterprises, the staff and workers' welfare expenses, trade union funds and staff education funds should be extracted according to the total amount of wages. The annual taxable income is calculated as follows: 200+30+ (4+1+1) ten, 50 208, ten 20 20, 10 (281) (281 yuan) (1 yuan).

職工福利費(fèi)應(yīng)補(bǔ)提0．2萬元，工會經(jīng)費(fèi)多提0．4萬元，職工教育經(jīng)費(fèi)多提0．55萬元，應(yīng)予調(diào)整； 借：工會經(jīng)費(fèi) 4000 職工教育經(jīng)費(fèi) 5500 貸：職工福利費(fèi) 2000 以前年度損益調(diào)整 7500 4．對少計固定資產(chǎn)和折舊費(fèi)用予以調(diào)整： 借：固定資產(chǎn) 50000 貸：以前年度損益調(diào)整 50000 借：以前年度損益調(diào)整 2500 貸：累計折舊 2500 5．出售房屋凈收益(已處理完畢)，按會計制度規(guī)定應(yīng)轉(zhuǎn)入損益： 借：固定資產(chǎn)清理 200000 貸：以前年度損益 200000 6．企業(yè)不得多提利息，多提部分應(yīng)予以沖銷： 借：預(yù)提費(fèi)用 80000 貸：以前年度損益調(diào)整 80000 7．直接捐贈支出按會計制度規(guī)定在營業(yè)外支出中列支，不必進(jìn)行帳務(wù)調(diào)整； 8．業(yè)務(wù)招待費(fèi)，按會計制度規(guī)定可以

There is no need to make accounting adjustments.

9. pfers the balance of the previous year's profit and loss adjustment account to the current profit account.

In 2001, the profit account accounted for 67700 yuan (that is, 337500-269800 of the profits after 2000.

In the 2001 year of corporate income tax, these profits do not need to be taxed.

When the settlement is paid, it should be deducted when calculating the taxable income.

In order to avoid possible duplication of tax payment, the Limited by Share Ltd accounting system stipulates that the account balance should be pferred directly to the "profit distribution" account instead of the "current profit" account.