What should I do with accounts receivable?You must know these points!

Definition of accounts receivable

Accounts receivable refer to the amount of money collected from the purchase unit due to sales, products, labor services and other businesses in the normal operation process, including taxes shall be afforded by the purchase unit or receiving the labor unit, and the purchase party paid paid by the purchase party. Various transportation fees and so on. Accounts receivable are a creditor's right with the occurrence of the company's sales behavior.

2 accounts receivable accounting content

1. The purchase of goods, materials and other accounts collected from the purchase unit;

2. Packaged materials and miscellaneous fees for the pads;

3. Losses for bad debts that have been reducing bad debts and recovered;

4. The acceptance bill that has been discounted, because the acceptance enterprise is unable to pay the ticket;

5. The settlement of the pre -collection project price; (the pre -sale account can also be calculated in the "receivable" kernel)

6. Settlement of other pre -collection payment.

7. Collection of accounts, materials and other accounts;

8. Recover the packaging fees and miscellaneous fees for the pads;

9. Pre -collection account for returned;

10. When the company’s accounts receivable uses the commercial acceptance bill settlement;

11. Receive the acceptance of the acceptance of the commercial exchange, the money has not yet arrived;

12. Lost bad debt losses that have been converted and recovered.

3 Accounts receivable account processing

Accounts receivable refer to the amount of money collected from the purchase unit due to sales, products, labor services and other businesses in the normal operation process, including taxes shall be afforded by the purchase unit or receiving the labor unit, and the purchase party paid paid by the purchase party. Various transportation fees and so on. Accounts receivable are a creditor's right with the occurrence of the company's sales behavior.

1. The receivable of the receivable of the goods (service)

1. When selling goods:

Borrow: account receivable

Loan: main business income

Taxes and fees should be paid-value-added tax (output tax)

2. When the payment is recovered, the distribution is as follows:

Borrow: bank deposit

Loan: accounts receivable

3. When the recovery of the account receivable cash discount, the division is as follows:

Borrow: bank deposit

Financial expenses

Loan: accounts receivable

4. Take the bad account (preparation method):

Borrow: Credit impairment loss

Loan: bad debt preparation

5. The actual occurrence of bad debts occur:

Borrow: bad debt preparation

Loan: accounts receivable

6. The bad debt provided by the plan is taken back:

Borrow: bad debt preparation

Loan: Credit impairment loss

7. The bad debt after confirmation is recovered:

Borrow: account receivable

Loan: bad debt preparation

at the same time

Borrow: bank deposit

Loan: accounts receivable

Asset liability table date, such as bad debt preparation for balance:

Borrow: bad debt preparation

Loan: Credit impairment loss

8. Bad account points under the accounting standards of small enterprises:

Borrowing: Outside of business -bad debts

Loan: accounts receivable

① Extracting bad debt reserves must be approved by the tax department. This is a prerequisite, otherwise it will be invalid.

② "The proportion of bad debt reserve withdrawal shall not exceed 5 ‰ of the balance of accounts receivable at the end of the year", which means that the balance of the bad debt reserve at the end of the year is controlled within 5 ‰.

③ 5 ‰ of bad debt preparations should be rushed back to the management cost.

2.

1. Pay freight on behalf of the enterprise

Borrow: account receivable -company name

Loan: bank deposit

2. Time to recover the shipping cost of the enterprise:

Borrow: bank deposit

Loan: Other receivables -the company name

Sales side Putting Put of Freight Book "Accounts receivable"

Purchase Fang Dai Patey Freight Book "Other receivables"

In practice, the seller and the buyer have two ways in terms of freight settlement:

The first is the pad (the carrier will issue the freight invoice to the buyer, and the seller's original ticket is transferred);

The second is to collect payment (the carrier will issue the freight invoice to the seller, and the seller will carry out the freight and purchase the payment).

In terms of taxation, the cargo shipping seller does not need to bear the tax burden, and the replacement paid shipping fee shall bear the additional tax burden (because the freight deduction rate is only 9%, and the taxation tax rate for the purchase payment is 13%. Low -deducting Gao Zheng), in the business, most of the salesmen want to use two -vote settlement, that is, contemporary pad freight.

Third, the other party's enterprise is unable to pay the bill of bill.

1. The enterprise has been discounted (formed short -term borrowing, bank repayment)

Borrow: Short -term borrowing

Loan: receivables

2. Unable to discount commercial bills

You can only refund the ticket and deal with account receivables.

Borrow: account receivable

Loan: receivables

3. The probability also requires impairment processing

Borrow: Credit impairment preparation

Loan: accounts receivable

Confirm that the account receivable is the condition for losses

1. The receivables that have been overdue for more than three years have been treated as losses in accounting, which can be used as a bad debt loss;

2. The enterprise is overdue for more than one year, and the single amount does not exceed 50,000 yuan or does not exceed the total annual income of the enterprise.

3. If the debtor's bankruptcy liquidation shall have the bankruptcy and liquidation announcement of the people's court;

4. If a lawsuit is a case, a judgment or ruling of the people's court shall be issued by the people's court's arbitration documents or arbitration agencies, or the legal documents shall be implemented by the court's ruling;

5. Those who belong to the debtor to stop business, shall cancel and revoke the business license certificate of the industrial and commercial department;

6. Those who belong to the death and disappearance of the debtor shall have a certificate of death and disappearance of the personal security organs such as public security organs;

7. If it is a debt reorganization, there should be a debt restructuring agreement and the taxation of the debtor's reorganization income;

8. Those who belong to natural disasters, war and other irregularities cannot be recovered.Source: China Management Accounting Network

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