The rules in accordance with which income and expenses are recorded for taxation and financial reporting purposes have a number of differences. In this regard, the amounts reflected in some documents do not coincide with the indicators of others. Accordingly, difficulties often arise when preparing reports.
PBU 18/02
This provision was introduced to reflect differences in tax amounts in reporting. PBU differentiates indicators into permanent and temporary. The first includes income/expenses that are reflected in accounting, but are never taken into account in calculating the tax base. They can also be taken into account when determining the latter, but are not subject to recording in accounting documentation. Temporary are income/expenses that are shown in reporting in one period, but for taxation purposes are accepted in another time period. As a result of these differences, a deferred tax liability arises. This PBU also provides for a certain procedure for reflecting deductions from profits. Conditional expense/income is equal to the product of the payment rate to the budget and The adjustment of this indicator is affected by deferred tax assets and deferred tax liabilities, as well as permanent differences. As a result, the amount that is reflected in the declaration is determined.
Terminology
Deferred tax liability is that part of the contribution to the budget, which in the next period should lead to an increase in the payment amount. For brevity, in practice the abbreviation ONO is used. A deferred tax liability is a temporary difference that arises if income before taxation is greater than in the return. To determine the indicator, the formula is used:
IT = profit deduction rate x temporary difference.
Deferred tax liability: account
The accounting documentation provides for a special item under which IT is reflected. This is the count. 77. Deferred tax liabilities on the balance sheet are shown on line 1420. In the loss/profit statement, this value is reflected on line 2430.
SHE
If the deductible difference is multiplied by the deduction rate, the result is an amount that has already been paid to the budget, but is subject to credit in the upcoming period. This value is called a deferred asset. SHE is the positive difference between the current, actual deduction and the conditional expense in the amount calculated from profit. It is written off from the account. 09. If depreciation is provided for in the future cycle, then in accounting it is not accrued on fixed assets, but in tax accounting it is calculated.
Temporary difference (TD)
It is determined similarly to the method given for OHA. However, this quantity has the opposite sign. Deferred tax liability is an amount that results in increased payments to the budget in future periods. These deductions will need to be paid later.
Specifics
Deferred tax liabilities are accounted for in the period in which the corresponding differences arise. To better understand the essence, you can take VAT on profits when determining the moment of the appearance of amounts subject to deduction to the budget in the upcoming cycle. As a future deduction, VAT is reflected in the account. 76. IT is recorded in the same way, only under Article 77.
Adjustments
As temporary differences decrease or completely eliminate, the deferred liability will also decrease. Information in the article's analytics will be corrected. Upon disposal of an asset or liability for which accruals were made, these amounts will not affect the amount of deductions in future periods. In such cases, IT is written off. Deferred liabilities are reflected in the profit and loss account. They are shown in the debit of the account. 99. At the same time, count. 77 is credited. In the reporting period, in the process of determining the indicator on line 2420, the repaid amount and the indicator of newly arisen IT are entered. When filling out lines 2430, 2450, you should use the “debit-credit” rule. According to the account 09 and 77 subtract the expenditure turnover from the income turnover, then determine the sign of the result obtained. In the reporting, a positive or negative (in parentheses) value is indicated in the corresponding lines. If IT changes upward, the deduction from profit will decrease. And, conversely, if it decreases, the payment will increase.
Current profit deduction
It consists of the amount actually paid to the budget within the reporting period. This value is calculated based on the amount of conditional income/expenses, as well as its adjustments to the indicators used in the formation of IT, IT and fixed payments. For calculations, therefore, use the formula:
TN = UR(UD) + PNO - PNA + SHE - IT.
The calculation model is defined in PBU 18/02, paragraph 21. You can check the correctness of the calculation using an alternative formula:
Practical use
How is deferred tax liability shown? An example can be given as follows. Let's say an organization purchased a computer program. The cost of the software is 8 thousand rubles. At the same time, the developers limited the period of use of the program. In this regard, the director of the enterprise ordered the write-off of costs for the purchase of software over two years. In the financial documentation, the amount is included in deferred costs. It is allowed to write off the cost of the program as a lump sum expense in tax accounting. As a result, a temporary difference appeared. The conditional payment from profit will be higher than the current one by the amount IT: 8000 x deduction rate. This will be reflected in the financial documentation as follows:
In this case, the item that reflects the amount of upcoming payments acts as a passive balance sheet. It accumulates tax amounts subject to additional payment in future periods. It is written off in future cycles. In the example under consideration, the computer program was removed from tax reporting. Accordingly, it does not in any way affect the costs of the enterprise. In accounting, on the contrary, write-offs apply only to a certain part of the program that falls within the current financial period. The information is displayed in the following way:
- Dt sch. 20 CD count. 97 - part of the cost of the computer program (not including VAT);
- Dt sch. 19/04 Kd sch. 97 - deduction amount
In such a situation, the amount of the current payment to the budget will be greater than the conditional one. Part of the latter must be paid extra. The postings result in a debit turnover.
The practical application of Chapter 25 of the Tax Code of the Russian Federation and PBU 18/02 is rightfully considered one of the most difficult areas of accounting, so on the pages of our magazine we have already addressed this topic more than once. But users still have many questions about tax accounting. Evidence of this is the numerous questions from students of the 1C: Consulting seminars on the topic “Income Tax,” which have been conducted by partners of the 1C company since November 2003. O.S. answers the most frequently asked questions. Gubkina, consultant at 1C:Servistrend.
Before moving directly to the answers to the questions, I would like to once again dwell on the basic concepts that are introduced by PBU 18/02, since it is often their misunderstanding or misinterpretation that leads to errors and questions.
The permanent tax liability (PNO) is equal to the value determined as the product of the permanent difference that arose in the reporting period and the income tax rate.
In accounting, the recognition of PNO is reflected by the posting:
The concept of a permanent tax asset is absent in PBU 18/02, but the need for it follows from the content of paragraph 4 - permanent differences can arise not only in relation to expenses, but also to income. Therefore, in the standard configuration, recognition of PNA is currently reflected by a reversal entry:
Debit 99.2.3 “Continuous tax liability” Credit 68.4.2 “Calculation of income tax”
1. Based on the definitions given in paragraphs 11 and 14 of the Regulations:
Deductible temporary differences deferred tax asset(ONA), which must reduce the amount of income tax payable to the budget in the next reporting period or in subsequent reporting periods. And in the current reporting period, the amount of income tax will increase.
The amount of IT is calculated by multiplying the deductible temporary difference by the income tax rate.
In accounting, the recognition of IT is reflected by the posting:
Debit 09 "SHE" Credit 68.4.2 "Calculation of income tax"
A decrease or complete repayment of IT is reflected by a reverse entry to the debit of account 68.4.2 and the credit of account 09.
Example 1
The expenses that form accounting profit include depreciation on fixed assets in the amount of 2,000 rubles. When determining the tax base for income tax, depreciation was taken into account in the amount of 1,500 rubles. due to different methods of depreciation (it is assumed that no permanent differences arise). Since these are expenses and the assessment in accounting is greater than the assessment in tax accounting, we will reflect the recognition of IT in the amount of (2000-1500) x 24%/100% = 120 rubles.
2. Based on the definitions given in paragraphs 12 and 15 of the Regulations:
Taxable temporary differences when forming taxable profit (loss) lead to the formation deferred tax liability(ONO), which should increase the amount of income tax payable to the budget in the next reporting period or in subsequent reporting periods.
And in the current reporting period, the amount of income tax will decrease.
The amount of IT is calculated by multiplying the taxable temporary difference by the income tax rate.
In accounting, the recognition of IT is reflected by the posting:
Debit 68.4.2 “Calculation of income tax” Credit 77 “Deferred tax liabilities”
A decrease or full repayment of IT is reflected by a reverse entry to the debit of account 77 and the credit of account 68.4.2.
Example 2
The expenses that form accounting profit include depreciation on fixed assets in the amount of 1,500 rubles.
When determining the tax base for income tax, depreciation was taken into account in the amount of 2,000 rubles. due to different depreciation methods.
Since these are expenses and the assessment in accounting is less than the assessment in tax accounting, we will reflect the recognition of IT in the amount of (2000-1500) x 24%/100% = 120 rubles.
Example 3
The income forming the balance sheet profit includes revenue from the sale of goods in the amount of 1,500 rubles. In tax accounting, revenue is not recognized in this period due to the lack of payment (revenue is determined by the “cash” method). Since this is income and the assessment in accounting is greater than the assessment in tax accounting, we will reflect the recognition of IT in the amount of (1500-0)x24%/100%=360 rubles.
After we have reviewed the basic concepts of PBU 18/02, we will move directly to the questions from the students of the 1C: Consulting seminars.
On the start date of application, you need to assign the parameter “PBU 18/02 is applied” to the value “Yes” (menu “Service”, “Accounting Policy”). Every month you should carry out the “Month Closing” document (menu “Documents”), checking all the boxes except the last three. Then - the document “Routine operations for tax accounting” (menu “Tax accounting”) with all the boxes selected. Then - the “Month Closing” document, checking only the checkboxes: “Accounting for permanent differences”, “Accounting for temporary differences” and “Calculation of income tax” (see Fig. 1).
Rice. 1. Filling out the document “Month Closing” for calculating PBU 18/02.
Rice. 2. Posting the “Month Closing” document to reflect the permanent tax liability.
In the “Month Closing” document, check the “Generate report when posting document” checkbox and post it. In the resulting report, move the cursor to the line “Accounting for permanent differences” and double-click to open the report “Permanent differences by type of assets and liabilities” (see Fig. 3). Column 7 lists permanent differences, and multiplies the total amount by the income tax rate and obtains the amount of permanent tax liability issued in the posting.
Rice. 3. “Permanent differences” report generated when posting the “Month Closing” document
By double-clicking, you can also expand each row of this report and find out which object the permanent differences belong to (see Figure 4). For example, the decoding of the line “Fixed assets” contains the following data.
Rice. 4. Report "Permanent differences by type of asset (liability)"
Column 2 contains the balance at the beginning of the month on account NPR.01 “Permanent differences. Fixed assets”, which corresponds to the unwritten-off permanent difference for this asset (Warehouse rack). Column 4 contains the turnover on the credit of account NPR.01, which corresponds to the amount of partial write-off of the permanent difference on this asset. If a new permanent difference arises, its amount will be posted to the debit of the NPR account “Permanent differences” and will appear in column 3. Column 5 indicates the amounts that are recognized as permanent differences for some other accounting object; in this case, this is an amount that cannot be recognized in the “Fixed Assets” section, because it is recognized as a constant difference in the “Distribution Costs” section and is reflected in the debit and credit of the account NPR.44.1 “Distribution Costs”. The amount in column 7 is calculated as follows: "gr. 7" = "gr. 4" - "gr. 5" - "gr. 6". The debit and credit turnover of the NPR account is formed by the document “Month Closing” in accordance with the differences between accounting and tax accounting. Thus, in order to correct the amount of the permanent tax liability, it is necessary to establish which documents during the month generated incorrect permanent differences and correct them, and then re-post the “Month Closing” to obtain the correct amounts in the subaccounts of the NPR “Permanent Differences” account.
You need to refer to the “Analysis of the state of tax accounting” (menu “Tax accounting”) for a certain month (see Fig. 5). By double-clicking, you can expand each amount sequentially down to the primary documents. Those differences that do not fall under the definition of permanent and are not reflected in the subaccounts of the NPR account “Permanent differences” will be classified as temporary. They will lead to the emergence or decrease (extinguishment) of IT and IT, which will be reflected in accounts 09 and 77.
Rice. 5. Report "Analysis of the state of tax accounting"
Repayment of IT is carried out only if the occurrence of IT was reflected in previous periods for this object. Let's look at this with an example. Let's carry out the "Closing of the month", get a report and open the line "Accounting for temporary differences" by double clicking the mouse. Next, let’s expand one of the report lines, for example, “Fixed assets” and look at the resulting report (see Fig. 6). Columns 2-5 contain the residual value of fixed assets. The difference between columns 3 and 2 is the amount of depreciation for a given month according to accounting. The difference between columns 5 and 4 is for tax purposes. Column 6 is the difference formed between depreciation costs in accounting and accounting records.
Rice. 6. Report "Temporary differences by type of asset (liability)
Valuation according to accounting records |
NU score |
Difference in ratings |
Deductible temporary differences |
Taxable temporary differences |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
at the beginning of the period |
at the end of the period |
at the beginning of the period |
at the end of the period |
total (gr.3-gr.2) - (gr.5-gr.4) |
including due to the constant difference |
temporary difference adjustment |
balance at the beginning of the month |
arose |
to maturity |
balance at the beginning of the month |
arose |
to maturity |
|
Computer |
|||||||||||||
If column 7 does not contain the amount of the permanent difference, and column 8 does not reflect the amount of adjustment of the temporary difference entered manually by the “Operation” on the subaccount of the CVR account “Adjustment of temporary differences,” then the temporary difference is recognized. If the temporary difference is less than zero, and there is no balance at the beginning of the month for the taxable temporary difference (column 12), then the occurrence of a deductible temporary difference is recognized (column 10). In our example, this is the string "Printer". If there is such a balance, then the repayment of the taxable temporary difference is recognized (column 14). In our example, this is the line "Rack". If the temporary difference is greater than zero, and there is no balance at the beginning of the month for the deductible temporary difference (column 9), then the occurrence of a taxable temporary difference is recognized (column 13). In our example, this is the string "Computer". If there is such a balance, then the repayment of the deductible temporary difference is recognized (column 11). In our example, this is the line “Machine”. Next, the data in columns 10, 11, 13, 14 are summarized and, after multiplying by the income tax rate, are reflected as the occurrence and repayment of IT or IT according to the type of object “Fixed Assets”.
Accounting is a complex system in which everything is interconnected, some calculations follow from others, and the whole process is strictly regulated at the state level. It contains a lot of terms and concepts that are not always clear to people without specialized education, but it is necessary to understand them in certain situations. This article examines such a phenomenon as the reflection of deferred tax liabilities in the balance sheet, what kind of phenomenon it is, which requires other nuances of the issue.
Balance sheet
The concept of the balance sheet is necessary in order to proceed to the main issue of the article - deferred tax liabilities in the balance sheet. This is one of the main elements of financial statements, containing information about the property and funds of the organization, as well as its obligations to other counterparties and institutions.
Balance sheet, also known as the first form of accounting. reporting, presented in the form of a table that reflects the property and debts of the organization. Each individual element is reflected in its own cell with an assigned code. The assignment of codes is carried out through a special document called the “Chart of Accounts”. It is officially approved by the Ministry of Finance and is used by all organizations operating in the Russian Federation. The users of the information contained in Form No. 1 are both the organization itself and third-party interested parties, including the tax service, counterparties, banking structures and others.
Assets and liabilities
The balance sheet is divided into two columns: assets and liabilities. Each contains lines with a specific property or its source of formation. How do you know whether deferred tax liabilities on the balance sheet are an asset or a liability?
There are two groups in the balance sheet assets: current and non-current assets, that is, those that are used in production for less than one year or more, respectively. All this - buildings, equipment, intangible materials, materials, long-term and short-term
The liability reflects the sources of formation of funds listed in the asset: capital, reserves, accounts payable.
Deferred tax liabilities on the balance sheet - what is it?
In accounting, there are two concepts that are similar in name, and therefore can mislead an uninformed person. The first is a deferred tax asset (in the abbreviation OTA), the second is a deferred tax liability (in the abbreviation ONO). At the same time, the goals and results of applying these accounting phenomena are opposite. The first phenomenon reduces the amount of taxes that the organization must pay in subsequent reporting periods. In this case, the amount of final profit in the reporting period will be reduced, since the tax payment will be higher.
Deferred tax liabilities on the balance sheet are a phenomenon that causes an increase in net profit in a given reporting period. This happens due to the fact that in the next periods the amount of taxes paid will be greater than in the current one. From this we conclude that deferred tax liabilities on the balance sheet are a liability, since the company uses these funds at a given time as profit, obliging to pay them in the reporting periods that follow this one.
How are phenomena such as IT and SHE formed?
The organization simultaneously maintains several types of accounting, namely accounting, tax and management. The emergence of deferred tax assets and liabilities is associated with temporary differences in the maintenance of these areas of accounting. That is, if in the accounting type of accounting expenses are recognized later than in the tax form, and income earlier, temporary differences appear in the calculations. It turns out that the deferred tax asset is the result of the difference between the amount of tax paid at the moment and calculated with a positive result. The liability, accordingly, is the difference with the negative result. That is, the company must pay additional taxes.
Reasons for temporary differences in calculations
There are several situations in which a time gap occurs in accounting and tax calculations. They can be represented by the following list:
- Obtaining the opportunity for an organization to defer payment of taxes or installment payments.
- The company charged penalties to the counterparty, but the money did not arrive on time. The same option is possible with proceeds from the sale.
- The financial statements indicate a lower amount of expenses than the tax statements.
- In the bay. accounting and tax use different methods for calculating depreciation, as a result of which a difference in calculations has arisen.
Reflection in Form No. 1
Since liabilities relate to the sources of formation of funds and property of the organization, they are classified as liabilities on the balance sheet. On the balance sheet, deferred tax liabilities are working capital. Accordingly, in the table they are reflected in the right column. This indicator relates to the fourth section - “Long-term liabilities”. This section contains several amounts related to different sources. Each of them is assigned its own individual code, also called a line number. Deferred tax liabilities in the balance sheet are line 515.
Calculation and adjustments
IT is taken into account strictly in the period in which it was identified. In order to calculate the amount of liabilities, it is necessary to multiply the tax rate by the temporary taxable difference.
IT is gradually repaid with a decrease in temporary differences. Information about the amount of the liability is adjusted in the analytical accounts of the corresponding item. If the object for which the obligation arose is removed from circulation, in the future these amounts will not affect income tax. Then they need to be written off. Deferred tax liabilities in the balance sheet are account 77. That is, the entry by which liabilities for retired taxable items are written off will look like this: DT 99 CT 77. Liabilities are written off to the profit and loss account.
Calculation of net profit and current tax
Current income tax is the amount of actual payment paid to the state budget. The tax amount is determined based on the difference between income and expenses, adjustments to this amount, deferred liabilities and assets, as well as permanent tax liabilities (PNO) and assets (PNA). All these components add up to the following calculation formula:
TN = UD(UR) + PNO - PNA + SHE - IT, where:
- TN - current income tax.
- UD(UR) - specific income (specific expense).
This formula uses not only deferred, but also permanent tax assets and liabilities. The difference between them is that in the case of constants there are no temporary differences. These amounts are always present in accounting throughout the entire process of the organization’s economic activity.
Net profit is calculated using the formula:
PE = BP + SHE - IT - TN, where:
- BP - profit recorded in accounting.
Stages of calculation and recording
To reflect all the above-described phenomena and procedures in accounting, certain entries are used based on the approved accounting chart of accounts. At the first stage of generating transactions and making calculations, it is necessary to reflect the following operations:
- DT 99.02.3 CT 68.04.2 - the posting reflects the product of the turnover on the debit of the account by the tax rate - these are permanent tax obligations.
- DT 68.04.2 CT 99.02.3 - the product of loan turnover and the tax rate is reflected - these are permanent tax assets.
Permanent tax assets are formed in the balance sheet if profit according to accounting data is higher than according to tax data. And accordingly, on the contrary, if the profit is less, tax obligations are formed.
At the second stage of calculations, losses of the current period are reflected. It is calculated by the difference between the product of the final debit balance by the tax rate in tax accounting and the final debit balance of account 09 of accounting. Based on the above, we form the postings:
- DT 68.04.2 CT 09 - if the amount is negative.
- DT 09 CT 68.04.2 - if the amount is positive.
At the third stage of calculations, the amounts of deferred tax liabilities and assets are derived, taking into account temporary differences. To do this, it is necessary to determine the balance of taxable differences as a whole, calculate the balance at the end of the month, which should be reflected in accounts 09 and 77, determine the total amounts for the accounts, and then adjust them according to the calculations.
The procedure for accrual and reflection of these assets and liabilities is regulated in accordance with Order "" dated November 19, 2002.
Accounting profit - loss can often differ from taxable profit. This is because rules may be applied to determine the amount of income that will take into account permanent and temporary differences. Income recognition occurs through the use of special accounting regulations approved by the legislative system of the Russian Federation on fees and taxes.
Temporary differences can have different effects on the amount of profit or loss, depending on their nature and influence they can be classified:
Temporary differences with deduction
This type of difference means the creation of deferred income tax, which will lead to a decrease in the tax base in the next or subsequent reporting periods. In other words, this leads to the formation of OTA - a deferred tax asset. To bring accounting movements into order, an account (deferred tax assets) must be used.
When created, the amount of income tax in the accounting period will approach this value only for the tax reporting period. In subsequent months, it will be possible to carry out full or partial repayment of OTA to reduce or increase conditional income and expenses.
Temporary tax differences
Taxable differences in the formation of profit and loss for the purpose of calculating income tax lead to the creation of IT (deferred tax liability). Using this method, the tax base in the reporting period is reduced, and for subsequent periods it will increase due to the transfer of payment.
To put accounting entries in order when it moves, an accounting account (deferred tax liabilities) is used.
In analytical accounting, each temporary difference must be taken into account individually depending on the group of assets or liabilities. Simply put, all deferred tax liabilities cannot be aggregated into one single netting.
What are the consequences of refusing to apply the Order?
This accounting regulation may not apply to non-profit organizations or small businesses. Many accountants confidently do not want to use this Order. They find it confusing, incomprehensible and difficult to understand. Therefore, we have to understand the possible consequences of ignoring the PBU.
In cases where a company refuses to apply PBU, it loses the opportunity to fully or partially not pay income tax in the reporting period. Most likely, in this case, the tax service will file claims against the management and accounting department of the enterprise for gross violations and incorrect accounting entries.
For the responsible person, this may result in a fine of 15 thousand rubles. Also, control authorities can apply a fine for an administrative violation in the range of 2-3 thousand rubles. All such penalties can reach 10% of the payment from the overall distorted picture in accounting.
In all other cases, when PBU is applied fully and legally, possible errors can be completely avoided in both tax and accounting. Guided by this order, most accountants do an excellent job of finding inaccuracies and errors associated with the determination of certain taxes and payments. It also helps to understand the moments and timing of recognition of income and expenses in the reporting period.
Basic transactions for 77 and 09 accounts when forming ONA and ONO
| Account Dt | Kt account | Wiring Description | Transaction amount | A document base |
| 68 | Posting for accrual of deferred tax asset | Amount that increases notional income or expense | Accounting statement, declaration, | |
| 68 | Full or partial write-off of ONA | Repayment amount of previously formed ONA | Bank statement, payment order | |
| 68 |
Account 77 “Deferred tax liabilities” is intended to summarize information on the presence and movement of deferred tax liabilities.
Deferred tax liabilities are accepted for accounting in the amount determined as the product of taxable temporary differences that arose in the reporting period by the income tax rate in effect at the reporting date.
The credit of account 77 “Deferred tax liabilities” in correspondence with the debit of account 68 “Calculations for taxes and fees” reflects deferred tax, which reduces the amount of conditional expense (income) of the reporting period.
The debit of account 77 “Deferred tax liabilities” in correspondence with the credit of account 68 “Calculations for taxes and fees” reflects the decrease or full repayment of deferred tax liabilities against accruals of income tax for the reporting period.
A deferred tax liability upon disposal of an asset or type of liability for which it was accrued is written off from the debit of account 77 “Deferred tax liabilities” to the credit of account 99 “Profits and losses”.
Analytical accounting of deferred tax liabilities is carried out by type of assets or liabilities in the valuation of which a taxable temporary difference arose.
Account 77 "Deferred tax liabilities"
corresponds with accounts
Application of the chart of accounts: account 77
- Temporary tax differences: causes and accounting features
With a credit to account 77 “Deferred tax liabilities”. Deferred tax assets (DTA) are accounted for in the debit of account 09 “Deferred tax assets” in... 68 sub-account “Income Tax” 77 “Deferred Tax Liability” 3,133.33 The amount reflected... 68 sub-account “Income Tax” 77 “Deferred tax liability” 64,904.4 The amount reflected... 68 subaccount “Income tax” 77 “Deferred tax liability” 90,000 The amount IT is reflected...
- Tachograph. Accounting and Taxation
The corresponding deferred tax liability (DTL), which is reflected in the credit of account 77 "Deferred tax liabilities" in... correspondence with the debit of account 68 "... is reflected by an entry in the debit of account 77 and the credit of account 68 (Instructions for use... IT is reduced (1000 X 20%) 77 “Deferred tax liability” 68/Income tax 200 ... as a result of these operations, the balance of account 77 will be equal to zero, which...
- The procedure for filling out the balance sheet in a general form. Example
Provision account for long-term financial investments). Line 1180 "Deferred tax... 55, subaccount "Deposit accounts" (analytical accounts for accounting for financial investments). Line... decryption). Line 1420 "Deferred tax liabilities" = Kt 77. Line 1430 "Estimated... credit balance account 60 + credit balance of account 62 + credit balance of account 69 + credit... account balance 70. Result...
- Temporary tax differences when creating provisions for doubtful debts
In accounting of expenses and liabilities, than possible income and... the taxpayer has a doubtful debt to the counterparty of the counter-obligation (accounts payable)... a reserve, at the expense of such a reserve (clause 77 of the Regulations). In tax accounting, expenses... Debit 68 Credit 09 - deferred tax asset written off. Unfortunately, we do not have... an asset or liability in the statement of financial position and the taxable amount... of that asset or liability. Along with...
- Let's talk about tariff regulation
In the financial statements, the balances in the account for deferred tariff differences arising from... a difference (by analogy with a deferred tax liability), which indicates the possibility... that deferred taxes are accounted for on account 09 (ONA) and on account 77 (ONO... .). The question arises: which account... will correspond to the accounts we have entered... of each class of credit balances in the deferred tariff difference account. Information that...
- Interest on loans is included in the cost of investment assets
Related to the fulfillment of debt obligations on borrowed funds, ... returned on time. The working chart of accounts establishes the following subaccounts: 66-.... x 20%) 68-pr 77 27 900 Interest paid to the bank... . x 20%) 68-pr 77 27,000 The asset has been accepted... temporary differences and corresponding deferred tax liabilities (clauses 12, 15 of PBU... work is completed, but the debt obligation is not repaid, then interest... . x 20%) 68-pr 77 3,720 September 2017... . x 20%) 68-pr 77 3,600 Modernization costs...
- What to pay attention to when preparing annual financial statements for 2017
There is one exception to the rule. Deferred tax assets and liabilities can be reflected in the balance sheet... according to the accounting "Estimated liabilities, contingent liabilities and contingent assets" (PBU... line "Estimated liabilities" of the balance sheet (credit balance on account 96 "Reserves... directors write off the specified debt (clause 77 of the Regulations on accounting... communications, utility payments, waybills, invoices; late submission to the accounting department...
- Disqualification of a director as a result of gross accounting violations, including the absence of an audit report
No. 77-FZ dated March 30, 2016) (see the magazine “Accountant of Tatarstan... accounting in accounting registers; - maintaining accounting accounts outside the applicable registers... is a norm authorized to be compiled by tax officials (Article 28.3 of the Code of Administrative Offenses ...can tax specialists during an on-site tax audit. And what for this...may: - not reflect estimated liabilities, contingent liabilities and contingent assets, including... between accounting and tax profit, permanent and deferred tax assets and liabilities (item 2...
- Review of changes in accounting of budgetary organizations since 2016
000 Accepted liabilities 502 09 000 Deferred liabilities Off-balance sheet accounts 27 Material... clauses 77 and 78 of Instruction No. 174n are supplemented by the following correspondence of accounts for... value added in the manner prescribed by the tax legislation of the Russian Federation; presented by suppliers... of holidays, including wages (deferred obligations to pay for holidays for actually... analytical codes of the type of synthetic account: 7 “Accepted obligations”; 9 “Deferred obligations”. By Order of the Ministry of Finance No. ...
