The turnover on the account is 76 av which shows. VAT on advance payments: examples, transactions, difficult situations. Settlement with individuals
VAT on advances received and advances issued is one of the tools for regulating the organization's expenses for tax payments. To account for VAT on advances, sub-accounts 76 are used: 76.ВА - for received ones, 76.АВ - for issued.
The organization that paid the advance payment to the supplier has the right to deduct the VAT paid at the same time. Prerequisites for obtaining a VAT deduction from an advance issued:
- the prepayment condition must be clearly stated in the contract with the supplier;
- for the paid advance payment must be presented to the Invoice (no later than 5 days after payment).
VAT deduction is provided in that tax period when the advance has been transferred. When the final settlement of the delivery takes place, that is, the goods are received from the supplier according to the acceptance certificate, the organization is obliged to restore the VAT amount previously presented for deduction.
In addition to the receipt of goods, the obligation to restore the deduction arises from the organization in the following cases:
- changes in the terms of the contract;
- termination of the contract and return of the advance.
VAT is restored in the same amount in which it was previously accepted for offset. If it is determined in the terms of the contract that the delivery of the goods takes place after receiving 100% of the advance payment, the buyer can transfer the advance payment in parts. In this case, the VAT amount reflected in the invoice for the delivery is restored. In any case, this value coincides with the amount of VAT on all advance invoices for this delivery.
VAT on advances received
When selling products (goods, services) to the buyer, the contract may contain required condition- advance payment of up to 100%.
On the received advance, the organization issues an invoice and charges VAT at a rate of 18/118%. The amount of this advance goes into the sales ledger as accrued VAT, that is, the tax that the organization is obliged to pay to the budget.
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In practice, after the issuance of an invoice for the received advance, 3 situations are possible:
- during the advance payment period, the sale has taken place;
- there was no sale during the advance payment period;
- return of the advance payment to the buyer (termination of the contract, change of conditions, etc.).
In the first case, after the shipment has been made, the seller organization has the right to present the previously paid VAT on the received advance for deduction. That is, the advance invoice is closed by the purchase book entry.
In the second case, the amount of the advance and the VAT charged on it is reflected in the VAT declaration for the current period in line 070 of Section 3.
In the case of a refund of the advance, it is also possible to present the paid VAT for deduction, that is, an entry is created in the purchase book. The deduction can be used within a year after the termination of the contract.
In the event of liquidation of the purchasing organization before the delivery conditions are fully fulfilled, if it is impossible to return the prepayment, the VAT charged upon receipt of the advance payment is not deductible.
Examples of transactions for VAT accounting on advances
An example of a transaction on advances received
LLC "Harmony" under an agreement with the buyer LLC "Amalgama" must deliver a consignment of goods in the amount of 212,400 rubles, incl. VAT - RUB 32,400 10.07.2016 "Amalgam" transfers an advance payment of 50% of the contract amount: 106,200 rubles. VAT on advance payment: 106,200 * 18/118 = 16,200 rubles.
We reflect in transactions VAT from advances received from the buyer:
In August, "Harmony" will ship a consignment of goods to "Amalgam". Sales transactions and deduction of VAT from advances received:
Operations on advances issued
Consider the same operation from the buyer's perspective. The accountant of Amalgama LLC will reflect VAT on advances issued by transactions:
Upon receipt of the goods, the deduction of VAT on delivery is reflected.
All financial transactions are reflected in the accounts. This publication will discuss what account 76 "Settlements with different creditors and debtors" is intended for, into which categories it is divided. The article will provide examples to help you better understand the topic under consideration.
Purpose of account 76
Account 76 is active-passive. It is necessary in order to summarize information about financial transactions with debtors and creditors, not accounted for:
- claims;
- funds withheld from employees' salaries for third parties in accordance with court orders or executive acts.
In the new chart of accounts, the functions of the account under consideration, through which the main financial flow is carried out, have significantly expanded. In this regard, it became expedient to open different categories designed for certain types of calculation.
Account 76: sub-accounts 1 and 2
Because the monetary transactions may be different, the account of settlements with creditors and debtors is usually divided into several categories. The first (76.1) includes insurance of property and personnel, with the exception of payments for medical and social insurance.
The transfer of funds to the organization is reflected in the debit, and the write-off of funds is reflected in the credit. For example, D76 K73 - insurance compensation due to an employee of the organization according to the contract. D51 K76 - received by the organization Money according to regulations... D99 K76 - write-off of uncompensated insurance claims or damage from a force majeure event.
Sub-account 76.2 reflects the calculations for claims that may be presented:
- to suppliers, transport agencies and contractors for found discrepancies in prices, when calculating errors are detected after completing accounts, as well as when there is a shortage of cargo (D76 K60);
- to organizations for violation of quality standards, non-compliance with TU (D76 K60);
- To credit institutions for erroneously written off or transferred amounts on the accounts of the organization;
- for downtime or defects arising from suppliers, contractors (correspondence with Section III chart of accounts);
- on fines and penalties for non-compliance with obligations in the contract (correspondence with account 91).
The credit of sub-account 76.2 reflects the payments received. If it turns out that the funds are not subject to collection, they are attributed to debit.
Account 76: sub-accounts 3 and 4
Clause 76.3 controls the dividends due to the firm and other types of income that do not contradict the partnership agreement. Д76 К91 - profit to be received (distributed). D51 K76 - funds received by the organization from debtors.
The fourth subaccount is designed to take into account the amounts accrued to the employees of the enterprise, but not paid at a certain time due to the absence of the recipients. IN similar cases the following wiring is performed: D70 K76. When the worker receives the money, a debit entry is made to account 76.
Application of sub-account 76/3 in practice
The company OOO Oasis has accounts receivable in the amount of 1,350,000 rubles. on account 62 "Settlements with customers and buyers." For certain reasons, before the due date, she transferred for 750,000 rubles. their rights to the enterprise LLC "Iceberg", which was able to collect on account of the debt owed 900,000 rubles. In such a situation, several questions arise:
- Accounts receivable is the purchase of property or financial investment into assets?
- The buyer's asset is RUB 1,350,000. or 750,000 rubles?
- Is it considered in this case the debt of debtors income, and 750,000 rubles. - the expense of the company Iceberg LLC?
In such a situation, Oasis LLC must, from a legal point of view, perform the following transactions:
Debit 91.2 Credit 62 1,350,000 rubles. - cancellation of the right of claim from buyers.
Debit 51 Credit 91.1 750 000 rubles. - received compensation.
Such operations make it possible to record the loss of the Oasis enterprise arising from the assignment of the right of claim on the “Other income and expense” accounts. Accountants of the Iceberg company must make an entry on the debit of account 76.3 in order to fix the debt from counterparties. The difference between the rights received and the costs of them are shown on the credit of accounts 98/1, 83 or 90/1.
Even partial collection of payment results in mutual agreement of both parties and full repayment debts. The unpaid part is shown as a debit, and the debited part - at 98.1. In this example, it turns out:
Debit 51,900,000 rubles.
Debit 98.1 765 000 rubles.
Credit account 76 1,350,000 rubles.
The Iceberg company spent 750,000 rubles. for the acquisition of rights and returned 900,000 rubles. That is, the profit is 150,000 rubles. The wiring is as follows:
Debit 98.1 Credit 91.1 150 000 rubles.
The real amount of profit from the operation is reflected on account 98/1, which is intended to fix deferred income.
Subaccount 76.АВ "Value added tax on advances and payments"
To summarize the information on the calculations for the payment of VAT on prepayments allows account 76.AV. Accounting is maintained with those customers and buyers from whom money was received in advance for the planned shipment of goods or for the provision of different types services.
Business transactions can be different. For example: D68.02 K76.AV - accounting for value added tax on payment received from the client in advance. D 76.AV K68.02 - VAT accrual on funds received from buyers in advance. Account 76. AB has the following subconto (analytical features): "Counterparties", "Invoices".
Debit Correspondence
The considered account (76) on debit can correspond with the following: "Fixed assets" (01), "Equipment for installation" (07), " Profitable investments in MC "(03)," Investments in fixed assets"(08)," Intangible assets"(04). From the second section of the chart of accounts, he interacts with the items "Materials" (10), "Animals in growing and fattening" (11), "Procurement and acquisition of MC".
76 the account can correspond on debit with all items of the section "Costs for production", as well as with 41, 45 and 43, category " Finished products and goods ". Often, transactions are made with cash accounts: 52, 50, 58, 51, 55, as well as with settlement accounts: 60, 67, 66, 62, 73, 70, 76, 71, 79. In addition, correspondence with the following ( reflects profit and loss), 91 (records various income and expenses), 90 "Sales", 97 "Deferred expenses", 86 "Target financing".
Examples (by debit)
Some examples from the table will help you understand the material presented in the article.
Correspondence | |
The cost of unfinished main production decreased due to debtors and creditors. This can be the accrual of debt to the insurance company on an occasion (state of emergency or force majeure). |
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Losses from marriage are charged to the account of settlements with creditors and debtors. |
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Receipt of debts to suppliers, according to the documents confirming the consent to transfer funds. |
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Payment of funds to creditors in cash (from the cash desk). |
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D76 K68-VAT | Identification of budget arrears (for VAT) during the determination of revenue for taxation. |
General operating costs are compensated by different debtors and creditors. |
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Accounting for debts from various debtors for finished products. |
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The value of work in progress decreased due to the transfer of funds to the organization from debtors. |
Loan correspondence
Account 76 can interact with the following categories of the chart of accounts: “Investments in non-current assets”, “Fixed assets”, “Intangible assets”, “Equipment for installation”, “Profitable investments in MC”. In the section "Inventory", correspondence is carried out with the accounts "Materials", "Procurement and purchase of MC", "Animals for growing and fattening", "VAT on purchased values".
Account 76 can also interact on a loan with all settlement (except 68, 69, 75, 77) and the category "Production costs". From the section "Finished goods and goods" - with accounts 52, 50, 51, 44.55, 41, 57, 45, and 58. In addition, correspondence is carried out with most current accounts and, of course, with those that reflect monetary transactions (91, 97, 94, 96, 99).
Examples of business transactions (on a loan)
To visually familiarize yourself with what account 76 has transactions, the table below with several examples will help.
Correspondence | |
Write-off of purchased items of fixed assets (fixed assets) in the section about accounts payable. |
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Return of the leased property to (occurs in cases where there was no change of ownership on the basis of an agreement). |
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Writing off materials in terms of accounts payable. |
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Receiving funds from the client to the current account. |
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Receiving debt from buyers on the basis of an agreement. |
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Debt different creditors and debtors for general production costs. |
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Fixing current accounts payable to the lessor (for lease payments) in order to reduce long-term liabilities. |
Account balance 76
Budding accountants often ask the question of whether account 76 really is: active or passive? In practice, situations are different, but since it takes into account receivables and payables, the balance can be of two types:
- unilateral (debit or credit);
- bilateral (both debit and credit).
This means that the account in question is active-passive. In order to determine the debit balance, all debts from counterparties are summed up. The balance of the credit account 76 reflects all the money that the company is obliged to pay.
Accounts payable and receivable reports in system 1 C
A company using the 1C: Enterprise 8 system must keep a record of the size accounts receivable contractors. You can get acquainted with the information if, after starting the program, enter the "Contractors" section. In the field that opens, there is a list of organizations and individual entrepreneurs... Among them are debtors and creditors. Contact information, invoices and contracts, work schedule - all this can always be viewed. It is from this menu that you can register a new organization that is part of the holding.
It will not be difficult to find out the exact debt of enterprises. To do this, go to the "Contract debt" section, select "Accounts Receivable" in the "Withdraw debt" panel and set the required date. The user will see a list of all counterparties, among which you can select specific companies (with large debts). If there are many organizations and the entire list does not fit on one page, the information can be presented in a visual form. To do this, you need to go to the "Diagram" section. The work with accounts payable is carried out in a similar way.
That's all there is to know about score 76, which reflects settlement transactions with debtors (creditors). Since the legislation Russian Federation systematically changes, you should regularly use reference and legal systems, which always have an up-to-date chart of accounts and PBU. Then specialists will always be aware of any changes affecting their professional activities, and will be able to make the right decisions when conducting accounting.
Sub-accounts of account 76:
76.01.1 - Settlements for property and personal insurance
76.01.2 - Payments (contributions) for voluntary insurance
76.01.9 - Payments (contributions) for other types of insurance
76.02 - Settlement of claims
76.03 - Settlements of dividends and other income due
76.04 - Settlements on deposited amounts
76.05 - Settlements with other suppliers and contractors
76.06 - Settlements with other buyers and customers
76.09 - Other settlements with various debtors and creditors
76.21 - Settlements for property and personal insurance (in foreign currency)
76.22 - Settlement of claims (in currency)
76.25 - Settlements with other suppliers and contractors (in foreign currency)
76.26 - Settlements with other buyers and customers (in foreign currency)
76.29 - Other settlements with various debtors and creditors (in foreign currency)
76.41 - Calculations according to executive documents of employees
76.49 - Settlements for other deductions from wages of employees
Accounting on account 76
Accounting on account 76 is carried out in the event of situations not related to accounts 60 - 76. These are calculations for issued and received claims and insurance amounts.
Account 76 reflects transactions on judicial, executive and other administrative documents.
Subaccount 76.02 Postings
Account 76.02 reflects the deposit of wages that were not received by the employees on time.
Typical postings using account 76.02
Debit 70.04 Credit 76.02 - the amount of the deposited salary is transferred
Debit 51 Credit 76.02 - unpaid funds are transferred to a bank account
Account 76 AB
Advance payment is the amount received by the supplier prior to the shipment of the goods. Upon receipt of the prepayment, the taxpayer is obliged to transfer the amount of VAT to the budget.
Account 76 AB accounting is used to calculate VAT on advances received.
Within 5 days, the supplier issues an invoice, one copy of which is sent to the buyer.
Example 1. Reflection of VAT on prepayment on account 76.АВ
LLC "Kalina" received an advance payment from the buyer in the amount of 94,400 rubles. The goods were shipped on account of the prepayment. VAT = 94,400 x 18%: 118% = 14,400 rubles.
Postings:
Debit |
Credit |
Transaction amount, rub. |
Base |
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Advance payment received from the buyer |
Bank statement |
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VAT charged on advance |
Sales book, payment order |
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LLC "Kalina" shipped the goods |
Invoice |
|||
VAT on sales |
Invoice |
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Advance payment credit |
Accounting information |
|||
VAT accepted for deduction |
Sales book |
Typical wiring:
Debit |
Credit |
Description |
Document |
Written off the selling expenses incurred in connection with the insured event |
Insurance contract |
||
The amount of the claim was taken into account due to the fault of the supplier |
Claim |
||
Withheld according to the writ of execution |
Performance list |
||
Securities were capitalized against dividends |
Minutes of the meeting decision |
Example 2. Reflection of claims transactions
Kalina LLC and Malina LLC entered into a supply contract.
According to the results of the month, LLC Kalina delivered a delivery in the amount of 800,000 rubles. on a full prepayment basis.
Upon acceptance of the consignment at the warehouse of Malina LLC, a defect was detected.
LLC "Malina" made a claim for the amount of 90,000 rubles.
LLC Kalina satisfied the received claim in part:
the amount of 22,000 rubles. has not been reimbursed;
the remaining amount of the claim in the amount of 68,000 rubles. was satisfied.
Postings:
Debit |
Credit |
Description |
Sum |
Advance payments and VAT raise many questions for accountants. According to the established rules, upon receipt of advance payments, the seller must calculate VAT, even if the shipment of the goods has not yet taken place. In this case, situations may arise that require special attention, - they will be discussed in our article.
Advance payments and VAT: account 76.АВ
In business practice, an advance payment or an advance payment is considered payment received by the seller on account of the future delivery of goods, upcoming services or works, transfer property rights... In the programs of the "1C" family, account 76.АВ is used to reflect VAT on received advances. On the debit of account 76.АВ reflect the accrual of VAT from the received advances, and on the credit of account 76.АВ - the deduction of VAT from the received advance. Account 76.АВ accounting involves maintaining analytical accounting in the context of buyers from whom the advance was received. In addition, analytical accounting for account 76.АВ is also carried out on invoices issued to buyers for the received advance.
Accounting entries will be as follows:
DT 51 KT 62 2 - we reflect the receipt of an advance payment on account of future delivery;
ДТ 76.АВ КТ 68 VAT - we reflect the accrual of VAT from the advance;
DT 62 1 KT 90-1 - we reflect the proceeds from the sale of goods;
DT 90-2 KT 41 - reflect the write-off of the cost of goods sold;
DT 90-3 KT 68 VAT - we reflect the amount of VAT charged on sales.
After all the products have been sold, the prepayment will be credited towards the full delivery:
DT 62 2 subaccount "Calculations on advances received" KT62 1 - we reflect the offset of the advance received earlier;
DT 68 VAT KT 76.AV - we accept VAT deduction from the received advance.
The only difficulty may arise due to the fact that the concept of "payment" in the Tax Code of the Russian Federation is not disclosed. Therefore, there may be doubts as to whether it is considered a prepayment to receive not cash, but goods, works or services as a prepayment.
However, in paragraph 2 of clause 17 of the Rules for maintaining the book of sales (approved by Government Decree No. 1137 of 26.12.2011), it is noted that prepayment invoices should be registered in this book even when making settlements in a non-cash form.
Confirmation of this thesis can be found in the resolution of the Plenum of the Supreme Arbitration Court of the Russian Federation of 05/30/2014 No. 33. It is noted here that payment is considered made even in cases when it is expressed in non-cash form. Offsets of counterclaims are also included in this category of payments.
That is, the receipt of an advance, expressed in non-cash form, is associated with the need to calculate VAT and pay it to the budget.
VAT on advance payments when making payments through a third party
It may be necessary, at the request of the seller, to transfer the prepayment to a third party. Such an operation is provided for in Art. 313 of the Civil Code of the Russian Federation, but the amount of the prepayment made must also be subject to VAT.
Example
Sigma has signed a contract with Omega for the supply of products. The agreement provides for an advance payment of 25% of the delivery amount. However, Sigma has a debt to a third company, Epsi, and the debtor asked Omega to transfer the entire amount of the advance to the creditor. In essence, this is a transfer of debt that should have documenting... As a result, all debts have been paid off, but for Sigma the amount of the payment will be considered an advance payment and will definitely be subject to VAT.
If such an advance is made in the form of a debt transfer, then the transactions at Sigma LLC will be as follows:
Дт 60 1 Кт 62 2 - we reflect the receipt of an advance in the form of a transfer of debt, which pays off the debt to a third party;
Дт 76.АВ Кт 68 VAT - we reflect the accrual of VAT from the advance.
Should advance VAT be calculated if advance and shipment were in the same period
In business practice, situations often arise in which the advance arrives at the supplier in the same tax period when the shipment was made. The taxpayer has a doubt: is it worth it to calculate VAT on advance payments in the given circumstances - after all, almost immediately it will be necessary to calculate the rest of the payment?
By this issue there are two opposite positions.
- The position of the officials is that first it is necessary to calculate the VAT on the advance, and then on the proceeds from the sale. Both amounts of tax, in their opinion, should be reflected in the declaration for the past tax period. In the same report, VAT from the advance should be indicated as part of tax deductions... Confirmation of this point of view can be found in the letters of the Ministry of Finance of Russia dated 12.10.2011 No. 03-07-14 / 99, the Federal Tax Service of Russia dated 20.07.2011 No. ED-4-3 / 11684, 10.03.2011 No. KE-4-3 / 3790 and 02/15/2011 No. KE-3-3 / [email protected], UFNS of Russia in Moscow dated 02.06.2005 No. 19-11 / 39279 and 31.01.2005 No. 19-11 / 5754. In some cases, even arbitration courts take the side of the regulatory authorities (resolution of the Federal Antimonopoly Service of the North Caucasus District of June 28, 2012 No. A32-13441 / 2010).
- However, the overwhelming majority of courts adhere to the opposite point of view and in their decisions indicate that the payment cannot be considered an advance payment, since it came in the same tax period in which the goods were shipped. Confirmation of this position can be found in the definition of the Supreme Arbitration Court of the Russian Federation dated September 19, 2008 No. 11691/08, Resolutions of the Federal Antimonopoly Service of the North Caucasus District No. A32-16839 / 2011 dated May 25, 2012, No. in force by the definition of the Supreme Arbitration Court of the Russian Federation of January 16, 2012 No. VAS-17397/11) and the FAS of the Far Eastern District of December 22, 2011 No. F03-6321 / 2011). If you follow this logic, then you do not need to calculate VAT on the advance amounts. see also "Prepayment and shipment in the same period - it is not necessary to calculate VAT on the advance" .
At the same time, the accountant has the option not to issue an invoice for an advance payment if the time interval between prepayment and shipment does not exceed 5 calendar days. Confirmation of this thesis is contained in the letters of the Ministry of Finance of Russia dated 12.10.2011 No. 03-07-14 / 99 and 06.03.2009 No. 03-07-15 / 39 (item 1). That is, the taxpayer has the opportunity not to calculate VAT on the advance if the five-day condition is met.
But even here the Federal Tax Service of Russia in letters dated 10.03.2011 No. KE-4-3 / 3790 and 15.02.2011 No. KE-3-3 / [email protected] clarifies that advance invoices should be issued even in circumstances where shipment is made within 5 days of receipt of advance payment.
As a result, practice shows that it would be more rational to calculate tax on advance payments, even if the shipment was made in the same tax period. In this case, the tax base will not increase, and the taxpayer will be able to avoid unnecessary disputes with regulatory authorities.
The advance payment may not include only those amounts that arrived on the day of shipment, but even before the moment of its implementation (letter from the Ministry of Finance of Russia dated 03.30.2009 No. 03-07-09 / 14). And then only on the basis that according to primary documents it is not possible to establish the sequence of operations.
Is the deposit a down payment for VAT
According to paragraph 1 of Art. 380 of the Civil Code of the Russian Federation, the deposit is the amount of money issued to the party to the agreement on account of future payments and serves as proof of the conclusion of the agreement. This amount, in addition, serves as security for the execution of the contract. The deposit agreement must be concluded exclusively in writing.
Since the deposit performs a payment function and is paid at a preliminary stage, then its receipt should be considered an advance. That is, the amount of the deposit must be calculated and entered into the budget of VAT (subparagraph 2 of paragraph 1 of article 167 of the Tax Code of the Russian Federation).
This provision is fully applicable to services when organizations enter into preliminary agreement and within its framework, a deposit is transferred, which is subsequently credited to total cost... This amount should also be considered an advance. Confirmation of this thesis can be found in the letters of the Ministry of Finance of Russia dated 02.02.2011 No. 03-07-11 / 25, the Federal Tax Service of Russia dated 17.01.2008 No. 03-1-03 / 60 and the resolution of the Federal Antimonopoly Service of the Volga Region dated 09.04.2009 No. A55-7887 / 2008.
VAT on a deposit: controversial situations
The main difficulties for taxpayers arise in determining the moment at which the deposit should be included in tax base... There are 2 points of view on this issue:
- The supervisory authorities believe that the deposit should be included in the tax base in the period in which it was received by the taxpayer. In support of their position, they cite the provisions of sub. 2 p. 1 art. 167 of the Tax Code of the Russian Federation, which states that the prepayment amount increases the tax base at the time of receipt. The reasoning is given in the letters of the Ministry of Finance of Russia dated 10.04.2017 No. 03-07-14 / 21013, dated 02.02.2011 No. 03-07-11 / 25 and the Federal Tax Service of Russia dated 17.01.2008 No. 03-1-03 / 60. See also "The deposit is included in the VAT base upon receipt" .
- An alternative point of view, according to which the deposit at the time of receipt is not yet payment, states that it should be included in the VAT tax base only at the moment when the execution of the agreement begins. In support of this position court decisions there are, however, there are few of them (resolution of the FAS of the Urals District dated 01.12.2005 No. F09-5394 / 05-C2).
Based on the foregoing, it is advisable to include the deposit in the tax base immediately after its receipt. In this way, it will be possible to avoid disputes with regulatory authorities.
Non-cash advance payment: how VAT is calculated
VAT should be paid on the advance, even if it was received in non-cash form (paragraph 2, clause 17 of the Rules for maintaining the sales ledger, approved by Resolution No. 1137). In addition, in Art. 105.3 of the Tax Code of the Russian Federation for taxation the price of goods, works or services, which is indicated in the contract, is used. That is, when receiving an advance payment in non-cash form, only that cost should be included in the tax base valuable papers, property or goods, which is reflected in the agreement.
Example
Sigma sells products to Epsy for 360,000 rubles, including VAT of 60,000 rubles. The recipient decided to pay for the products in a different way. Thus, Epsi intends to pay 200,000 rubles in money. The rest of the amount (360,000 - 200,000 = 160,000 rubles) will be supplied with equipment as an advance payment.
As a result, after receiving an advance payment in the form of equipment, Sigma will have to pay VAT in the amount of 26,666.67 rubles to the budget. (160000 × 20/120).
Sigma LLC will have the following transactions:
Dt 08 Kt 62 2 - 160,000 rubles. (we reflect the receipt of property as an advance);
Dt 76 AV KT 68 VAT - 26,666.67 rubles. (reflect the accrual of VAT on the advance);
Dt 90 1 Kt 62 1 - 360,000.00 (the products were shipped);
Dt 90 3 Kt 68 VAT - 60,000.00 rubles. (VAT accrued to be paid to the budget on the shipped products);
Dt 68 VAT Kt 76 AB - 26 666.67 rubles. (accepted for deduction VAT previously charged from the advance);
Dt 51 Kt 62 1 - 200,000.00 rubles. (funds are listed for the products).
In some cases tax authorities has the right to check the correctness of the application of prices. This is especially possible if transactions are subject to Ch. 25 of the Tax Code of the Russian Federation and the parties to the agreement are interdependent. FTS of Russia, if it can prove that the prices do not correspond market level, will adjust upwards the VAT charged by the taxpayer (clauses 3 and 4 of article 105.3 of the Tax Code of the Russian Federation). However, this tax, as a rule, is not limited to, and additional assessment will also be subject to income tax.
In the process of financial and economic activities, each organization has settlement obligations. The debt of an organization to other legal entities and individuals is called accounts payable, and these persons themselves are called creditors, the debt of other legal entities and individuals of this organization is called accounts receivable, and these persons themselves are called debtors.
The timing of the fulfillment of obligations must be stipulated in the contracts of the organization concluded with other legal and individuals... Accounts receivable and payable with a maturity of not more than 12 months are related to the organization's short-term liabilities, and more than 12 months - to long-term liabilities.
To account for the organization's settlements with debtors and creditors, the chart of accounts provides accounts:
To account for settlements with various debtors and creditors, except for those for settlements with which the chart of accounts provides separate accounting accounts, the account is intended 76 "Settlements with different debtors and creditors"- active-passive.
Opening balance (on debit) - the presence of receivables at the beginning of the reporting period.
Opening balance (on the loan) - the presence of accounts payable at the beginning of the reporting period.
Debit turnover:
- increase in accounts receivable;
- reduction of accounts payable.
Credit turnover:
- increase in accounts payable;
- reduction of accounts receivable.
Ending balance (on debit) - the presence of receivables at the end of the reporting period.
The final balance (on the loan) is the presence of accounts payable at the end of the reporting period.
Sub-accounts:
- 76-1 "Calculations for property and personal insurance";
- 76-2 “Settlements on claims”;
- 76-3 "Calculations of dividends and other income due";
- 76-4 "Settlements on the deposited amounts".
Organizations have the right to open any necessary sub-accounts, for example, for settlements on the amounts withheld from the wages of employees of the organization (rent, trade union dues, for keeping children in preschool institutions, alimony, etc.).
On subaccount 1 "Calculations for property and personal insurance" reflects the calculations for the insurance of property and personnel of organizations, when the organization acts as the insured.
Property insurance... Insurance is voluntary, you can insure not all property, but selectively.
The organization draws up an "Insurance Statement". Between the organization and the insurance company, a "Property insurance contract" is concluded, by virtue of which the insurer undertakes to make insurance payment the policyholder, and the policyholder undertakes to pay insurance premiums on time.
In the event that insurance premiums are paid in advance, their accrual should be reflected as deferred expenses:
In the event of the loss of the insured property, the organization is obliged to inform the insurance company within 24 hours. A commission is assembled, which draws up an "Act" for the loss of property, which indicates: the reasons for the loss of property, the amount of damage caused, the amount insurance compensation to be paid to the organization.
If the property damaged as a result insured event can be repaired, the associated costs must be charged to the insurance claim.
If, according to the terms of the insurance contract, part of the losses is not subject to compensation through insurance compensation, then they are considered extraordinary expenses.
Employee insurance... Insurance is carried out in compulsory and voluntary forms.
The amounts of accrued payments are included in the cost of labor remuneration, provided that insurance contracts are concluded in favor of employees with insurance organizations that have licenses issued in accordance with the legislation of the Russian Federation to conduct relevant activities in the Russian Federation.
In accounting, deductions for employee insurance made by organizations can be recognized as expenses for common types activities or related to other expenses.
Content of operations | Debit | Credit |
---|---|---|
Calculations for property insurance: | ||
- accrued insurance payments for property insurance (if the property is used in production activities) | 20, 23, 25, 26, 44 | 76-1 |
- taken into account as part of other expenses the amount of insurance payments (if the property is used for purposes not related to production activities) | 91-2 | 76-1 |
- insurance payments are transferred to the insurance company | 76-1 | 50, 51 |
- accrued insurance payments under the insurance contract in advance | 97 | 76-1 |
- insurance payments are attributed to production costs | 20, 26, 44 | 97 |
- the cost of the insured property damaged or destroyed upon the occurrence of an insured event has been written off | 76-1 | 01, 10, 41, 43 |
- the amount of insurance compensation has been received | 50, 51 | 76-1 |
- expenses for the restoration of the insured property were written off | 76-1 | 20, 23, 25, 26 |
- losses from insured events are reflected | 91-2 | 76-1 |
Employee insurance calculations: | ||
- the organization has transferred insurance premiums (payments) | 76-1 | 51 |
- reflects insurance premiums (payments) attributable to subsequent periods, after the entry into force of the contract | 97 | 76-1 |
- expenses for ordinary activities are recognized after the beginning of the period to which the amounts of previously made insurance premiums (payments) belong | 20, 23, 25, 26, 29,44 | 97 |
- other expenses are recognized after the beginning of the period to which the amounts of previously made insurance premiums (payments) relate | 91-2 | 97 |
On subaccount 2 "Settlements on claims" reflects the calculations for claims against suppliers, contractors, transport and other organizations, as well as for the presented and recognized (or awarded) fines, penalties and forfeits.
The organization can make a claim to the supplier (contractor) in the following cases:
- on the discrepancies in prices and tariffs revealed during the verification of accounts, due to contracts, as well as when arithmetic errors are detected;
- for discovered non-compliance of quality with standards, technical specifications, order;
- for violation of the delivery time;
- for shortage of cargo in transit in excess of the values provided for in the contract;
- in case of non-compliance with contractual obligations, etc.
Claims can be made for defects and downtime caused by the fault of suppliers or contractors, in amounts recognized by the payers or awarded by the court.
Claims can be made credit institutions by the amounts erroneously written off (transferred) on the accounts of the organization.
If the supplier (contractor) has violated contractual obligations, the organization has the right to recover from him fines, fines, and forfeits established by the contract.
In some cases, claims made to suppliers, contractors or other organizations are not subject to collection (for example, collection was denied by the court). The amounts of such claims are written off to the accounts from which they were taken into account.
On subaccount 3 "Calculations of dividends and other income due" the calculations on dividends and other income due to the organization are taken into account, including on profit, loss and other results under a simple partnership agreement. Such income is other income of the organization.
Дт 76-3 Кт 91-1 - the amount of due dividends and other income is reflected;
Дт 50, 51 Кт 76-3 - funds were received against due dividends and other income.
On subaccount 4 "Settlements on deposited amounts" settlements with employees of the organization are taken into account for the amounts accrued, but not paid on time due to the failure of the recipients to appear. If the employee cannot receive the salary on the appointed day, the amount is deposited (deposited in the bank).
Dt 70 Kt 76-4 - the deposited amount of remuneration was taken into account;
Дт 76-4 Кт 50, 51 - the deposited amount of wages was paid to the employee.
Accounting for settlements with different debtors and creditors within the framework of interconnected organizations is also kept on account 76 "Settlements with different debtors and creditors".
Register synthetic accounting- magazine order No. 8.
Analytical register - statement No. 7 (or several statements), where analytical accounts are opened for each debtor and creditor.
When an organization uses an automated accounting form using software product"1C: Enterprise" synthetic accounting registers are turnovers of account 76 (General ledger), analysis of account 76, balance sheet, etc. The analytical accounting registers are the turnover balance sheet for account 76, analysis of account 76 by sub-account, turnovers between sub-accounts , account 76 card, account 76 card for subconto, etc.
76-01 Calculations for property and personal insurance- calculations for property and personnel insurance are reflected (except for calculations for social insurance and compulsory health insurance) the organization in which the organization acts as the insured.
Debit<счета учета затрат на производство>Credit 76-01 - the calculated amounts of insurance payments are reflected.
Debit 76-01 Credit<счета денежных средств>- the transfer of the amounts of insurance payments to insurance organizations is reflected.
Debit 76-01 is written off losses on insured events (destruction and damage production stocks, finished products and other material values etc.) from the credit of inventory accounts, fixed assets, etc. Debit 76-01 also reflects the amount of insurance compensation due under the insurance contract of an employee of the organization in correspondence with account 73.
Debit 51, 52 Credit 76-01 - reflects the amount of insurance claims received by the organization from insurance organizations in accordance with insurance contracts.
Debit 99 Credit 76-01 - losses from insured events not reimbursed by insurance indemnities are written off.
Analytical accounting for subaccount 76-01 conducted by insurers and individual insurance contracts.
76-02 Settlement of claims- reflects the calculations for claims against suppliers, contractors, transport and other organizations, as well as for the presented and recognized (or awarded) fines, penalties and forfeits.
Debit 76-02 Credit 60-00,<производственных запасов>- reflects the calculations for claims to suppliers, contractors and transport organizations on the discrepancies between prices and tariffs determined by contracts revealed during the verification of their accounts (after the acceptance of the latter), as well as when arithmetic errors are detected, when overpricing or arithmetic errors in the invoices presented by suppliers and contractors were discovered after the entries on the invoices of goods and materials or costs were made (based on prices and calculations invoiced by suppliers and contractors);
Debit 76-02 Credit 60-00 - settlements are reflected to the suppliers of materials, goods, as well as to organizations that process materials of the organization, for detected non-conformities of quality to standards, specifications, order;
Debit 76-02 Credit 60-00 - settlements to suppliers, transport and other organizations for shortages of cargo on the way in excess of the values provided for in the contract are reflected;
Debit 76-02 Credit<затрат на производство>- Settlements for marriage and downtime caused by the fault of suppliers or contractors are reflected in amounts recognized by payers or awarded by a court;
Debit 76-02 Credit<денежных средств, кредитов>- reflects settlements to credit institutions for amounts erroneously written off (transferred) on the accounts of the organization;
Debit 76-02 Credit 91 - reflects settlements on fines, penalties, forfeits collected from suppliers, contractors, buyers, customers, consumers of transport and other services for non-compliance with contractual obligations, in the amount recognized by the payers or awarded by the court (the amount of claims made not recognized payers are not registered).
Debit<денежных средств>Credit 76-02 - the amount of payments received is reflected.
The amounts that, as it turned out later, are not subject to collection, as a rule, refer to those accounts from which they were registered in Debit 76-02.
Analytical accounting for subaccount 76-02 maintained for each debtor and individual claims.
Correspondence of accounts for accounting of settlements with different debtors and creditors
Correspondence of invoices | Contents of operation | ||
Debit | Credit | ||
20 "Main production", 23 "Auxiliary production", 44 "Sales costs" | Claims made for defects and downtime recognized by suppliers and contractors | ||
76 "Settlements with different debtors and creditors" subaccount 2 "Settlements on claims" | 51 "Current accounts" | Claims were presented to credit institutions for erroneous amounts transferred | |
76 "Settlements with different debtors and creditors" subaccount 2 "Settlements on claims" | 60 "Settlements with suppliers and contractors" | Claims were made to suppliers for shortages, inconsistencies between prices and tariffs, etc. | |
50 "Cashier" | Issued from the cash desk deposited wage | ||
73 "Payments to personnel for other operations" | The amount of insurance compensation accrued to the employees of the organization is reflected | ||
76 "Settlements with different debtors and creditors" subaccount 1 "Settlements for property and personal insurance" | 51 "Current accounts" | Contributions transferred to insurance organizations | |
91 "Other income and expenses" subaccount 1 "Other income" | Accrued income from equity participation in another organization | ||
51 "Current accounts" | 76 "Settlements with different debtors and creditors" subaccount 3 "Settlements for dividends and other income due" | Received income from equity participation in another organization | |
08 "Investments in non-current assets" corresponding sub-accounts | Charged to transport, intermediary, consulting and other organizations for services in the acquisition of fixed assets, intangible assets | ||
10 "Materials", 11 "Animals for growing and fattening", 15 "Procurement and acquisition of material assets", 41 "Goods" | 76 "Settlements with different debtors and creditors" corresponding subaccounts | Charged to various creditors for services related to the acquisition of inventory items | |
19 "Value added tax on acquired values" relevant subaccounts | 76 "Settlements with different debtors and creditors" corresponding subaccounts | Reflected value added tax on received values and services provided | |
20 "Main production", 23 "Auxiliary production", 26 " General running costs", 44" Selling expenses " | 76 "Settlements with different debtors and creditors" subaccount 1 "Settlements for property and personal insurance" | The sums of insurance payments for property and personal insurance are accrued | |
76 "Settlements with different debtors and creditors" subaccount 2 "Settlements on claims" | Amounts have been received at the cashier's office and on current accounts for the submitted claims | ||
50 "Cashier", 51 "Current accounts" | 76 "Settlements with different debtors and creditors" subaccount 3 "Settlements for dividends and other income due" | Received income and dividends from participation in the capital of other organizations | |
70 "Payments to personnel on remuneration" | 76 "Settlements with different debtors and creditors" subaccount 4 "Settlements on deposited amounts" | Unclaimed wages deposited | |
99 "Profit and Loss" | 76 "Settlements with different debtors and creditors" subaccount 1 "Settlements for property and personal insurance" | Written off for losses losses not compensated by insurance claims |
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account 76. how to close
I entered on the basis of an invoice for an advance, all the postings are correct, but in the turnover of account 76.BA the documents are not closed like this: Balance start. No new messages. New messages. To check with a 76 VA account, we will generate a balance sheet for the 76 VA set and compare the total debit turnover with lines 080 and 090 (Fig. 38). Register to get free access to valuable information! Property, liabilities Basics of accounting Account 76.BA - since 2012 the balance has been hanging. 76, 68 Instructions to the Chart of Accounts. Conclusion: if a debt is recognized as uncollectible, it should be written off, and VAT on the advance should be restored. Analytics for account 76. VA VAT on advances and prepayments issued. Subconto. Total accounting. Only turns. Now, after saving, in the report for additional fields it will be possible to add a new field (in the figure for account 76.ВА - the invoice received): this amount of the balance will be invoiced in advance.By the way, our company has developed a specialized report that helps to compare the balances of accounts 62.02 and 76.
AB. Both postings on account 76.ВА (deduction and recovery) must be formed by the document "Invoice received (advance payment)". Good evening, can you please tell me how to close the 76 VA account (advances issued)? Thanks in advance. Subordinated to the account "Settlements with various debtors and creditors" (76). Type: Passive. Analytics for account "76.ВА": Subconto Only turnovers Total accounting Accounting in foreign currency Counterparties As a result, you will have to pay to the budget only once. Let's check that account 76.AB is closed (Fig. 10).
VAT on advances to suppliers is recorded on account 76.ВА. The report is designed to search for discrepancies between VAT from an advance on account 76AB and the estimated amount of VAT from an advance on account 62.02.1. By clicking on the button "Account 62.02 Advances received." you can check the accrual of VAT from the advance received 2.By the button "Account. 76VA VAT with av. Issued I have 98 thousand rubles left on account 76BA. from the advance payment for leasing. On account 76.АВ there is a subconto "Invoices issued", you can create an SALT by this account with details on this subconto and close exactly those invoices that have balances. You start by invoicing the supplier on an advance payment of 3,000,000 rubles, respectively, on account 76 VA there will be VAT 457627 then when you put And how then do we close accounts 76AB and 76 VA? and when? how the account 76.va is closed. I have 98 thousand rubles left on my account 76BA. on account 76.АВ there is a sub-account "Invoices issued", you can generate an SAL for this account with details on this sub-account and close exactly those 9. Balance on account 76.BA for a specific counterparty and contract (if compliance with the conditions specified in clause 9 of article 172 of the Tax Code of the Russian Federation) should be no more than the balance on account 60.02 for the same counterparty and contract 18/118. Account 76.АВ in accounting. The account 76 used in accounting is called “Settlements with different debtors and creditors.” Sub-accounts 76.АВ and 76.ВА are used for VAT amounts on issued and received advances, respectively. Now, after saving, it will be possible to add a new field in the report for additional fields (in the figure for account 76.ВА - the invoice received): The result of the report will look like this. , 76.BA for the specified period. Collects the final debit and credit balances on accounts 19 and 76. Subaccounts to account 76. On account 76, for example, settlements on property and personal insurance, on claims, on deductions from wages of employees in benefit of other persons on the basis of executive documents or orders of the court does not get the invoice received in advance (76.ВА). When forming the invoice received (based on the extract), you need to put other special documents posted on the Site, is understood as Closed Joint-Stock Company“What to do Account 76.BA in a comprehensive. Without going into details, you need to do 2 things: Specify that the document "Invoice received" should form the transactions, and set up their good afternoon. 1c Accounting 8.1 (not basic) rev 1.6 (1.6.25.5) a large amount is accumulated on account 76.AB, but should be debited to 68.02 tell me what could be the error you need urgently. Pages: 1. Closing an account 76. VA. Tatiana Teploukhova. User. I keep my account 76. VA-tell me there must be no balance on it? It closed to zero for me. How to close now account 76 at 91.2? This is the question, a non-profit organization, provision of services on account 76, how to close them at the end of the month on account 26? the closing of the month did, indicates that everything was closed, but making an analysis of the 26 invoice does not reflect expenses for 76 Question: In the updated version of 1C, it is possible to offset VAT from advances paid by the supplier, transactions 68.2-76.VA are formed. When the work is performed and the advance payment is closed, the posting 68.2-19.3 is generated, but how is the 76.BA account closed? But really 76.BA loan
Should it get into the book of purchases in Q3 or Q4? Based on the conditions given in your example, in Q3 you, on the basis of an invoice issued by the supplier until 30 (2), the account will be closed when there is a real receipt of goods. those. account 76 .BA will make a return entry to the sales ledger, and the actual receipt will enter the purchase ledger (in the period of receipt). good afternoon, dear consultants! I have the following question I work in 1C: Enterprise 8.2 (8.2.
16.368) Accounting of the enterprise (basic), revision 2.0 (2.0.48.9) enterprise LLC, on 01.01.2013, the amount K 76 VA was hanging on the account 76 VA of 13728.81 rubles Download Select language. Close. More details View this message in English. Please try again later. Published: 13 Jan. 2015 Entering the initial balances of VAT from advances 0.01 - Initial balances 76.AB 3.07 - Initial balances 76.BA Related video - entering the initial 76-va accounting account is used to calculate VAT on the advances listed. The organization, after receiving the goods, debits account 76-va with account 68, after which the invoice is reflected in the purchase book. Further, when registering the receipt of goods, services, etc. in theory, if the amount is sufficient, accounts 76.ВА and 68.02 should be closed automatically, which happens with some counterparties, but not with others! although How to reflect its receipt and VAT accrual in accounting? For this, one of the subaccounts is usually used to account 76 Debit 68 "Calculations with the budget for VAT" - Credit 76-VA in the amount of 9,000 rubles. On account 76, all settlement transactions are recorded, which are not accounted for on the rest of the accounting accounts. An account is considered an active-passive account, the balance of which can be displayed both for debit and credit. Entering initial balances of VAT on advances 0.01 - Initial balances 76.AB 3.07 - Opening balances 76.BA Related video In a standard report Turnover balance sheet on account on accounts of accounting of settlements with counterparties Chart of accounts Account 60 Account 62 Account 90 Account 91 Account 99 Tax News. ... ... Account 76 "Settlements with Various Debit and Creditors" .76.ВА - VAT on advances and prepayments issued. On the site there are 2 ANSWERS to the question How to close 76AB, in 1C8.1? you will find 2 answers. The best answer about the 76th posting account was given on October 29 by the author Elena Nakonechnaya. Here is a selection of topics with answers to your question: How to close 76AB, in 1C8.1? Purpose of account 76. 76 account is a settlement active-passive. It is necessary in order to summarize information about financial transactions with debtors and creditors, not accounted for in accounts 60-75. Processing to find and correct errors when closing account 76AB and forming a purchase book. Helps to find and correct discrepancies between 62.02 and 76AB scores. I entered on the basis of an invoice for an advance payment, all the postings are correct, but in the turnover of account 76.VA there are no new messages. New messages. Please tell me how to close account 76? See analytics 76.05. Good afternoon. Please tell me on this issue: OSNO, VAT. On account 76BA from 2010, 2011, 2012, the amount of vat was -40.81. 76.to an accounting account is an account that reflects VAT on advances paid.To ensure the quality of materials and protect the copyright of the editorial office, many articles on our site are in private access. Account number for closing expenses of the reporting period, usually account 90.7. This parameter allows the User to use a different Chart of Accounts, in which the account "VAT on advances issued" differs from account 76.BA. Now, after saving, in the report for additional fields it will be possible to add a new field (in the figure for account 76.BA the invoice received): The result of the report will look like this
Useful:
Subaccount 76-6 Settlements under a property trust agreement
On subaccount 76-6 "Settlements under the contract trust management property "takes into account settlements related to the execution of contracts for the trust management of property. This subaccount is used to account for settlements by the grantor, trustee, including settlements for property transferred to trust, recorded on a separate balance sheet.
The value of the property transferred by the grantor to the trust manager in trust management is reflected in the accounting of the trustor on the debit of subaccount 76-6 "Settlements under the trust management agreement" and the credit of accounts 01 "Fixed assets", 04 "Intangible assets" and other accounts.
The value of the property accepted by the trustee on a separate balance sheet is reflected in the debit of accounts 01 "Fixed assets", 04 "Intangible assets" and other accounts and the credit of subaccount 76-6 "Settlements under a property trust agreement".
When the property is returned by the trustee to the trustee in the event of termination of the property trust agreement, reverse entries are made.
The transfer of funds to the account of the profits (income) due to the grantor is reflected by the trustee in a separate balance sheet on the debit of subaccount 76-6 "Settlements under the trust management agreement" and the credit of accounts 51 "Current accounts", 52 "Currency accounts", 55 " Special accounts in banks ".
The funds received by the grantor on account of this profit (income) are reflected by the grantor on the debit of accounts 51 "Current accounts", 52 "Currency accounts", 55 "Special bank accounts" and credit of sub-account 76-6 "Settlements under a property trust agreement ".
The amounts due from the trustee for compensation for losses caused by the loss or damage to property transferred to trust, as well as lost profits, are reflected by the grantor on the debit of sub-account 76-6 "Settlements under the trust management agreement" and the credit of account 91 "Other income and expenses". The indicated amounts received by the grantor are reflected in the debit of accounts 51 "Settlement accounts", 52 "Currency accounts", 55 "Special accounts in banks" and credit of sub-account 76-6 "Settlements under a property trust agreement".
Analytical accounting for subaccount 76-6 "Settlements under a property trust agreement" is maintained for each property trust agreement.
Other sub-accounts of account 76.