Thông tư 200/2014/TT-BTC hướng dẫn Chế độ kế toán Doanh nghiệp
MINISTRY OF FINANCE
——–
SOCIALIST REPUBLIC OF
VIETNAM
Independence – Freedom – Happiness
—————
No. 200/2014/TT-BTC
Hanoi, December 22, 2014
CIRCULAR
ON
GUIDELINES FOR ACCOUNTING POLICIES FOR ENTERPRISES
Pursuant to the Law on Accounting dated June 17, 2003;
Pursuant to the Decree No. 129/2004/NĐ-CP dated May 31, 2004
of the Government on guidelines for the Law on Accounting in the business
operation.;
Pursuant to the Government’s Decree No. 215/2013/NĐ-CP dated
December 23, 2013 defining the functions, tasks, entitlements and
organizational structure of the Ministry of Finance;
At the request of Director of the Department of Audit and
Accounting Regulation,
The Minister of Finance issues a Circular on guidelines for
accounting policies for enterprises.
Chapter I
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Article 1. Regulated entities
This Circular promulgates accounting policies applying to
enterprises in every business lines and every economic sector. Small and
medium-sized enterprises applying the accounting policies for small and
medium-sized enterprises may apply regulations in this Circular for accounting.
Article 2. Scope
This Circular promulgates bookkeeping, preparation and
presentation of financial statements, not applying to determination of tax
liabilities of enterprises to government budget.
Article 3. Monetary unit in
accounting
“Monetary unit in accounting” means Vietnamese dong
(national sign: “đ”; international sign: “VND”) used for bookkeeping,
preparation and presentation of financial statements of enterprises. If an
accounting unit that mainly receives revenues and pays expenses in foreign
currencies, provided that it conforms to standards prescribed in Article 4 of
this Circular may choose a type of foreign currencies as a monetary unit for
bookkeeping.
Article 4. Selection of monetary
unit in accounting
1. Any enterprise that mainly receive revenues and pays
expenses in foreign currencies shall base on regulations of the Law on
accounting for consideration of selection of monetary unit in accounting and
take legal responsibility. When selecting the monetary unit in accounting, the
enterprise must notify supervisory tax authority.
2. The monetary unit in accounting means a monetary unit
meeting requirements below:
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b) It is mainly used in purchases of goods or services,
which have great impact on labor costs, materials costs and other production
costs or operating costs and it is normally used for payments of that costs.
3. The following factors may also be considered as evidence
of monetary unit in accounting of the enterprise:
a) The monetary unit used in mobilization of financial
resources (such as issuance of shares or bonds);
b) The monetary unit which is regularly collected from
business operation and accumulated.
4. The monetary unit in accounting reflects transactions,
events, condition pertaining to the operation of the enterprise. After choosing
the certain monetary unit in accounting, the enterprise shall not change it
unless there are major changes in the transactions, events or condition.
Article 5. Conversion of financial
statements made in foreign currency into Vietnamese dong
1. If an enterprise uses a foreign currency as monetary unit
in accounting, it must not only prepare a financial statement in foreign
currency but also converse their financial statement into Vietnamese dong when
announcing and submitting the financial statement to regulatory authorities.
2. Rules for conversion of financial statements made in
foreign currency into Vietnamese dong, comparison information between them
shall be reported in accordance with Chapter III of this Circular.
3. When converting the financial statement made in foreign
currency into Vietnamese dong, the enterprise must clarify the impact (if any)
on the financial statement due to the conversion in the Description of
financial statement.
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The lawful financial statement used to announce and submit
to Vietnamese competent agencies is a financial statement made in Vietnamese
dong and audited.
Article 7. Changes in monetary unit
in accounting
If there are major changes in managerial and business
operations leading to the monetary unit in accounting used in economic
transactions failing to satisfy the requirements specified in Clause 2 and 3 of
Article 4 of this Circular, enterprises may change their monetary units in
accounting. The change of a monetary unit for bookkeeping to another may be
effected only at the beginning of a new fiscal year. The enterprise must
notify supervisory tax authority of the change in monetary unit in accounting
within 10 working days after the final day of the fiscal year.
Article 8. Rights and obligations of
enterprises pertaining to organization of accounting in dependent accounting
units having no legal status (hereinafter referred to as dependent accounting
unit)
1. Enterprises must organize their accounting structures and
accounting task delegation of dependent accounting unit in conformity with
their operation and management requirements and not contrary to regulations of
law.
2. The following accounts shall be kept records by dependent
accounting units having accounting divisions according to the decision issued
by the enterprise:
a) Operating capital granted by the enterprise: the
operating capital shall be recorded to liabilities or owner’s equity according
to the decision of the enterprise;
b) Transactions in sale, purchase or circulation of goods or
services intra-company: revenues or costs of goods sold only are separately
recorded in every dependent accounting unit if such circulation creates added
value in the goods or services. The recording of revenues from internal
transactions to the financial statement does not depend on the format of
accounting records (invoices or internal transaction documents);
c) Task delegation: Depending on centralized or
decentralized accounting model, the dependent accounting units may record
undistributed post-tax profit or record revenues and expenses.
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1. Chart of accounts
a) According to chart of accounts of
accounting policies for enterprises issued together with this Circular, the
enterprise shall apply and detail chart of accounts in conformity with
requirements pertaining business and management of every business line and
unit, provided that it conforms to content, structure and method of accounting
of equivalent ledger accounts.
b) If the enterprise need to add
accounts or sub-accounts or modify accounts or sub-accounts about names, signs,
content and accounting methods, the approval issued by the Ministry of Finance
before the supplement or modification is required.
c) The enterprise may open
sub-accounts or sub-sub accounts if the Chart of accounts prescribed in
Appendix 1 of this Circular does not regulate such accounts without the
approval of the Ministry of Finance.
2. Financial statements
a) According to forms and contents
of items of the financial statement prescribed in Appendix 2 of this Circular,
the enterprise shall detail the items (available) of the financial statement
system in conformity with operation and management of every business line and
unit.
b) If the enterprise need to add or
modify names, signs, content of items of the financial statement, the approval
issued by the Ministry of Finance before the supplement or modification is
required.
3. Accounting documents and
accounting records
a) All accounting documents are
optional, enterprise may use forms issued together with Appendix No. 3 of this
Circular or design their forms in conformity with their operation and
management provided that their forms satisfy all requirements as prescribed in
the Law on Accounting and their amended documents.
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Article 10. Accounting policies
applying to foreign contractors
1. Foreign contractors having permanent resident facilities
in Vietnam which are not an independent unit having legal status shall carry
out accounting policies in Vietnam as follows:
a) There are particular contractors eligible for particular
accounting policy issued by the Ministry of Finance;
b) Contractors not eligible for particular accounting policy
issued by the Ministry of Finance may whether fully and partly apply Accounting
policies for Vietnamese enterprises in conformity with their operation and
management.
c) If the contractor applies Accounting policies for Vietnamese
companies fully, it is required to apply during the fiscal year.
d) The contractor must notify the tax authority of the
accounting policy applied within 90 days from the date on which it runs
business in Vietnam. If there is any change in applying of accounting policy,
the contractor must notify the tax authority within 15 working days from the
date on which the change occurs.
2. Foreign contractor must keep records of every contract
license, every transaction in details to settle contract and make tax
declaration.
3. If a foreign contractor who applies fully Accounting
policies for Vietnamese companies wishes to supplement or modify the policies,
it is required to comply with Article 9 of this Circular and obtain approval
issued by the Ministry of Finance. Within 15 working days from the date on
which the sufficient documents are received, the Ministry of Finance must send
response on registration of amendments of accounting policies to the foreign
contractor.
Chapter II
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Article 11. Rules for cash
accounting
1. The accountant must keep records of revenues, expenses,
dispatching or receiving of cash funds or foreign currencies in the Journals
and then calculate the fund balance and every account in the bank at all times
for verification.
2. Deposits made by other enterprises or individuals in the
enterprise shall be managed and recorded similarly to money of the enterprise.
3. When obtaining revenues or paying for expenses, the
receipt or payment slips with sufficient signatures are required as prescribed
in regulations on accounting source documents.
4. The accountant must keep records of cash according to
currency in details when generating transactions in foreign currencies, the
foreign currencies shall be converted into VND following rules below:
– Debit accounts shall apply actual exchange rates;
– Credit accounts shall apply weight average bookkeeping
rates;
5. When preparing financial statements as prescribed, the
enterprise must re-evaluate balance of foreign currencies and monetary gold
according to actual exchange rates.
Article 12. Account 111 – Cash on
hand
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a) This account is used to record revenues, expenses and
balance of the enterprise’s fund, including: Vietnamese dong, foreign
currencies and monetary gold. Only received, dispatched or inventoried cash,
foreign currencies, monetary gold shall be recorded to account 111 “Cash”. If
the receipts are transferred immediately to bank (not through enterprise ‘cash
fund), these amounts shall not be recorded to Dr 111 “cash”, but recorded to Dr
113 “cash in transit”.
b) Cash deposits made by other enterprises and individuals
shall be managed and recorded similarly to monetary assets of the enterprise.
c) When receiving or dispatching cash fund, receipt slips, payment
slips with signatures of payees and payers, competent persons are required in
accordance with accounting source document. Deposit order and payment
order must be attached in special cases.
d) The accountant of cash fund must write a Cash daybook and
record all day-to-day financial transactions: revenues, expenses, dispatch or
receiving of cash funds, foreign currencies and then calculate the fund balance
at all times.
dd) The cashier shall be responsible for management,
receiving and dispatch of the cash fund. The cashier must verify the actual
cash balance, then collate the figures between cash fund book and cash ledger
every day. If there is any difference, the accountant and the cashier must
verify them again in order to uncover reasons and propose solutions for the
differences.
e) When entering into transactions in foreign currencies,
the accountant shall convert the foreign currencies into VND according to the
following rules:
– Actual exchange rate shall be applied to Dr 1112. If
the foreign currencies are withdrawn from banks to pay in the cash fund, the
bookkeeping rate of account 1122 shall be applied;
– Weighted average rate shall be applied to Cr 1112
The actual exchange rate shall be determined as prescribed
in guidelines for account 413 – Differences between exchange rates and relevant
accounts.
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h) Whenever preparing financial statements as prescribed,
the enterprise must re-evaluate the balance of foreign currencies and monetary
gold following the rules below:
– The actual exchange rate applied in the
re-evaluation of the balance of foreign currencies in cash is the foreign
currency-selling rate of the commercial bank where the enterprise regularly
enters into transactions (chosen by the enterprise) at the time in which the
financial statement is prepared.
– The monetary gold shall be re-evaluated according to the
buying prices on the domestic market at the time in which the financial
statement is prepared. The buying prices on the domestic market are prices
announced by the State bank. In case the State bank fails to announce gold
buying-prices, the buying-prices announced by enterprise entitled to trade in
gold as prescribed shall be chosen.
2. STRUCTURE AND CONTENTS OF ACCOUNT 111 – CASH
Debit:
– Received cash, foreign currency or monetary gold;
– Cash, foreign currency or monetary gold in excess detected
under verification;
– Exchange differences due to re-evaluation of foreign
currency balance at the reporting time (if foreign currency rate rises against
VND);
– Differences due to re-evaluation of monetary gold at the
reporting time.
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– Dispatched cash, foreign currency or monetary gold;
– Cash, foreign currency or monetary gold in deficit
detected under verification;
– Exchange rate differences due to re-evaluation of foreign
currency balance at the reporting time (if foreign currency rate falls against
VND);
– Differences due to re-evaluation of monetary gold at the
reporting time.
Debit balance:
Inventoried cash, foreign currency or monetary gold at the
reporting time;
Account 111 – Cash, comprises 3 sub-accounts:
– Account 1111 – VND: reflecting revenues, expenses, balance
in VND of the cash fund.
– Account 1112 – Foreign currencies: reflecting revenues,
expenses, exchange rate differences and foreign currency balance of cash fund
which is converted into VND.
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3. Method of accounting for several major transactions
3.1. When selling products, goods or providing services for
immediate cash, the following accounts shall be recorded:
a) With regard to products, goods, investment property
subject to VAT, special excise duty, import duty, environmental protection tax,
revenues according to the tax-exclusive selling prices shall be recorded as
follows (indirect taxes payable must be separated, including VAT payable using
subtraction method:
Dr 111 – Cash (total payment)
Cr 511 – Revenues (tax-exclusive prices)
Cr 333 – Taxes and other payables to the State.
b) In case it fails to separate the taxes payable, the taxes
payable must be included in the revenues. Tax liabilities and the
decrease in revenues shall be recorded as follows:
Dr 511 – Revenues
Cr 333 – Taxes and other payables to the State.
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Dr 111 – Cash
Cr 333 – Taxes and other payables to the State (3339).
3.3. When generating financial income or other incomes in
cash, the following accounts shall be recorded:
Dr 111 – Cash (total payment)
Cr 515 – Financial income (prices excluding VAT)
Cr 711 – Other incomes (prices excluding VAT)
Cr 3331 – VAT payable (33311).
3.4. When withdrawing cash in bank to pay in cash fund;
applying for long-term or short-term loans in cash (VND or foreign currency
according to actual exchange rates), the following accounts shall be recorded:
Dr 111 – Cash (1111, 1112)
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Cr 341 – Financial loan and financial lease liabilities
(3411).
3.5. When recovering amounts receivables, granting loans,
making deposits in cash; receiving deposits in cash from other enterprises, the
following accounts shall be recorded:
Dr 111 – Cash (1111, 1112)
Cr 128, 131, 136, 138, 141, 244, 344.
3.6. When selling short-term or long-term investment and
collect cash, the accountant shall record the difference between collected
amount of money and cost price of investment (according to weighted average
method) to financial income or financial expenses, the following accounts shall
be recorded:
Dr 111 – Cash (1111, 1112)
Dr 635 – Financial expenses
Cr 121 – Trading securities (cost price)
Cr 221, 222, 228 (cost price)
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3.7. When receiving stakes in cash of owners, the following
accounts shall be recorded:
Dr 111 – Cash
Cr 411 – Owner’s invested equity.
3.8. When receiving money of contracting parties of Business
Cooperation Contract (BCC) without establishment of legal entity to cover
general operation, the following accounts shall be recorded:
Dr 111 – Cash
Cr 338 – Other payables.
3.9. When dispatching cash fund then crediting to bank’s
accounts or depositing, the following accounts shall be recorded:
Dr 112 – Cash in bank
Dr 244 – Pledge, mortgage or deposit
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3.10. When dispatching cash fund to buy securities, granting
loans or investing in subsidiary companies or joint-venture companies, the
following accounts shall be recorded:
Dr 121, 128, 221, 222, 228
Cr 111 – Cash.
3.11. When dispatching cash fund to buy inventory (using
regularly declared method), buying fixed assets, spending on capital
investment, the following accounts shall be recorded:
– If input VAT is eligible for deduction, the buying price
excluding VAT shall be recorded as follows:
Dr 151, 152, 153, 156, 157, 211, 213, 241
Dr 133 – Deductible VAT (1331)
Cr 111 – Cash.
– If input VAT is not eligible for deduction, the buying
price including VAT shall be recorded as follow:
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(028) 3930 3279
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0906 22 99 66
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Dr 611 – Good purchase (6111, 6112)
Dr 133 – Deductible VAT (1331)
Cr 111 – Cash.
If input VAT is not eligible for deduction, the buying price
including VAT shall be recorded as follows:
3.13. When buying raw materials immediately used in business
in cash, if input VAT is eligible for deduction, the following accounts shall
be recorded:
Dr 621, 623, 627, 641, 642, etc.
Dr 133 – Deductible VAT (1331)
Cr 111 – Cash.
If input VAT is not eligible for deduction, the costs
including VAT shall be recorded.
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(028) 3930 3279
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0906 22 99 66
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Dr 331, 333, 334, 335, 336, 338, 341
Cr 111 – Cash.
3.15. When dispatching cash fund for financial activities or
other activities, the following accounts shall be recorded:
Dr 635, 811, etc.
Dr 133 – Deductible VAT (if any)
Cr 111 – Cash.
3.16. If the cash deficit is detected under verification
without reasons, the following accounts shall be recorded:
Dr 138 – Other receivables (1381)
Cr 111 – Cash.
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Dr 111 – Cash
Cr 338 – Other payables (3381).
3.18. Accounting contract of resale of Government bonds: in
accordance with Account 171 – Trading in Government bonds.
3.19. Foreign currency related-transactions in cash.
a) When buying goods or services in foreign currencies in
cash.
– If losses on exchange rates are generated, the following
accounts shall be recorded:
Dr 151,152,153,156,157,211,213,241, 623, 627, 641, 642, 133,
etc. (according to actual exchange rates on the transaction date)
Dr 635 – Financial expenses (losses on exchange rates)
Cr 111 (1112) (according to bookkeeping rates).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 151,152,153,156,157,211,213,241, 623, 627, 641, 642, 133,
etc. (according to actual exchange rates on the transaction date)
Cr 111 (1112) (according to bookkeeping rates).
Cr 515 – Financial income (profits on exchange rates).
b) When paying debts payable in foreign currencies:
– If losses on exchange rates are generated, the following
accounts shall be recorded:
Dr 331, 335, 336, 338, 341, etc. (according to bookkeeping
rates).
Dr 635 – Financial expenses (loss of exchange rate)
Cr 111 (1112) (according to bookkeeping rates).
– If profits on exchange rates are generated, the following
accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 515 – Financial income (profits on exchange rates).
Cr 111 (1112) (according to bookkeeping rates).
– When paying advances in foreign currencies to sellers, the
Debit account – Trade payables shall apply actual exchange rates at the
prepayment time, the following accounts shall be recorded:
Dr 331 – Trade payables (actual exchange rates)
Dr 635 – Financial expenses (losses on exchange rates)
Cr 111 (1112) (according to bookkeeping rates).
Cr 515 – Financial income (profits on exchange rates).
c) When generating revenues or other incomes in foreign
currencies in cash, the following accounts shall be recorded:
Dr 111 (1112) (actual exchange rates)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) When collecting debts receivables in foreign currencies:
– If losses on exchange rates are generated, the following
accounts shall be recorded:
Dr 111 (1112) (according to actual exchange rates on the
transaction dates)
Dr 635 – Financial expenses (losses on exchange rates)
Cr 131, 136, 138, etc. (according to bookkeeping rates).
– If profits on exchange rates are generated, the following
accounts shall be recorded:
Dr 111 (1112) (according to actual exchange rates on the
transaction dates)
Cr 515 – Financial income (profits on exchange rates).
Cr 131, 136, 138, etc. (according to bookkeeping rates).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111 (1112) (actual exchange rates at the pre-receipt
time)
Cr 111 (1112) (actual exchange rates at the pre-receipt
time)
3.20. The actual exchange rates (selling rates of banks)
shall be used to re-evaluate foreign currencies in cash at the time in which
the financial statements are prepared:
– If the foreign currency rate rises against VND, the
profits on exchange rate shall be recorded as follows:
Dr 111 (1112)
Cr 413 – Exchange differences (4131).
– If the foreign currency rate falls against VND, the losses
on exchange rates shall be recorded as follows:
Dr 413 – Exchange differences (4131)
Cr 111 (1112).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.21. Re-evaluation of monetary gold
– If re-evaluated value of monetary gold generates profits,
financial income shall be recorded as follows:
Dr 1113 – Monetary gold (according to domestic buying
prices)
Cr 515 – Financial income.
– If re-evaluated value of monetary gold generates losses,
financial income shall be recorded as follows:
Dr 635 – Financial expenses
Cr 1113 – Monetary gold (according to domestic buying
prices)
Article 13. Account 112 – Cash in
bank
1. Rules for accounting
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) When receiving documents sent from the bank, the
accountant must collate them with enclosed original documents. If there is any
difference between figures in enterprise’s ledger, in original documents and in
the bank’s documents, the enterprise must notify the bank to collate, verify
and promptly handle. At the end of the month, if it fails to uncover the
reasons for differences, the accountant shall record according to the bank’s
figures stated in debit notes, credit notes or bank’s statements. The
difference (if any) shall be recorded to Dr 138 “Other receivables” (1388) (if
the accountant’s figures are larger than the bank’s figures) or recorded to Cr
338 “Other payables” (3388) (if the accountant’s figures are smaller than the
bank’s figures). In the following month, the reasons shall be kept collating,
verifying and uncovering to adjust the figures.
b) With regard to enterprises having dependent accounting
organizations or departments, they may open collection-only accounts,
payment-only accounts or appropriate payment accounts serving the transactions
or payments. The accountant must keep records of every type of deposits in
details (VND, foreign currencies).
c) It is required to record particularly the deposits
conformable to every account in bank for verification and collation.
d) The bank overdrafts are not recorded as “-“(negative
sign) on bank deposit accounts, they shall be recorded similarly to bank loans.
dd) When entering into transactions in foreign currencies,
foreign currencies shall be converted into VND according to the following
rules:
– Dr 1122 applies actual exchange rate. If the cash fund is
withdrawn to send to banks, they must be converted into VND according to
bookkeeping rates of account 1112.
– Cr 1122 applies weighted average rates.
The actual exchange rate shall be determined as prescribed
in guidelines for account 413 – Differentials between exchange rates and
relevant accounts.
e) Monetary gold recorded in this account is the gold used
for value storage, not including the gold recorded to inventory account used as
raw materials for production of goods for sale. The management and use of
monetary gold shall comply with regulations of law in force.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The actual exchange rates applied when re-evaluating the
balance of cash in bank in foreign currency is the foreign currency-buying rate
of the commercial bank where the enterprise opens foreign currency
account at the time in which the financial statement is prepared.
In case the enterprise has multiple foreign currency accounts in different
banks and their buying rates are not considerately different, a buying rate of
any bank may be chosen as the basis for re-valuation.
– The monetary gold shall be re-evaluated according to the
buying prices on the domestic market at the time in which the financial
statement is prepared. The prices on the domestic market are prices announced
by the State bank. In case the State bank fails to announce gold buying-prices,
the buying-prices announced by enterprise entitled to trade in gold as
prescribed.
2. Structure and contents of account 112 – Cash in bank
Debit:
– Deposited VND, foreign currencies or monetary gold;
– Exchange rate differences due to re-evaluation of foreign
currency balance at the reporting time (if foreign currency rate rises against
VND).
– Positive differences due to re-evaluation of monetary gold
at the reporting time.
Credit:
– Withdrawn VND, foreign currencies or monetary gold;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Negative differences due to re-evaluation of monetary gold
at the reporting time.
Debit balance:
Actual deposited VND, foreign currencies or monetary gold at
the reporting time.
Account 112 – Cash in bank, comprises 3 sub-accounts:
– Account 1121 – VND: reflecting deposits,
withdrawals and balance in the bank in VND.
– Account 1122 – Foreign currency: reflecting
deposits, withdrawals and balance in the bank in foreign currencies converting
into VND.
– Account 1123 – Monetary gold: reflecting the
fluctuation and value of monetary gold deposited in the bank of the enterprise
at the reporting time.
3. Method of accounting for several major transactions
3.1. When selling products, goods or providing services for
immediate cash using cash in bank, the following accounts shall be recorded as
follow:
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 112 – Cash in bank (total payment)
Cr 511 – Revenues (tax-exclusive prices)
Cr 333 – Taxes and other payables to the State.
b) In case it fails to separate the taxes payable, the
accountant shall record the revenue including the taxes payable.
Tax liabilities and the decrease in revenues shall be
recorded as follows:
Dr 511 – Revenues
Cr 333 – Taxes and other payables to the State.
3.2. When receiving payments of allowance or subsidy by cash
in bank from government budget, the following accounts shall be recorded:
Dr 112 – Cash in bank
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.3. When generating financial income or other incomes in
cash in bank, the following accounts shall be recorded:
Dr 112 – Cash in bank (total payment)
Cr 515 – Financial income (prices excluding VAT)
Cr 711 – Other incomes (prices excluding VAT)
Cr 3331 – VAT payable (33311).
3.4. When dispatching cash fund to deposit in bank’s
accounts, the following accounts shall be recorded:
Dr 112 – Cash in bank
Cr 111 – Cash
3.5. When receiving an advance or any customer pays debts
using wire transfer, according to the credit note of the bank, the following
accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 131 – Customers receivable
Cr 113 – Cash in transit
3.6. When recovering amounts receivables, granting loans,
making deposits by cash in bank; receiving deposits in cash from other
enterprises, the following accounts shall be recorded:
Dr 112 – Cash in bank (1121, 1122)
Cr 128, 131, 136, 141, 244, 344.
3.7. When selling short-term or long-term investment by cash
in bank, the difference between collected amount of money and cost price of
investment (according to weighted average method) shall be recorded to
financial income or financial expenses as follows:
Dr 112 – Cash in bank (1121, 1122)
Dr 635 – Financial expenses
Cr 121 – Trading securities (cost price)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 515 – Financial income.
3.8. When receiving stakes in cash of owners, the following
accounts shall be recorded:
Dr 112 – Cash in bank
Cr 411 – Owner’s invested equity.
3.9. When receiving money of contracting parties of Business
Cooperation Contract (BCC) without establishment of legal entity to cover
general operation, the following accounts shall be recorded:
Dr 112 – Cash in bank
Cr 338 – Others payable.
3.10. When withdrawing cash in bank to pay in cash fund then
crediting to bank’s accounts or depositing, the following accounts shall be
recorded:
Cr 111 – Cash
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 112 – Cash in bank.
3.11. When buying securities, granting loans or investing in
subsidiary companies or joint-venture companies by cash in bank, the following
accounts shall be recorded:
Dr 121, 128, 221, 222, 228
Cr 112 – Cash in bank.
3.12. When buying inventory (using regularly declared
method), buying fixed assets, spending on capital investment by cash in bank,
the following accounts shall be recorded:
– If input VAT is eligible for deduction, the buying price
excluding VAT shall be recorded as follows:
Dr 151, 152, 153, 156, 157, 211, 213, 241
Dr 133 – Deductible VAT (1331)
Cr 112 – Cash in bank.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.13. When buying inventory by cash in bank (using
periodically declared method), if input VAT is eligible for deduction, the
following accounts shall be recorded:
Dr 611 – Good purchases (6111, 6112)
Dr 133 – Deductible VAT (1331)
Cr 112 – Cash in bank.
If input VAT is not eligible for deduction, the buying price
including VAT shall be recorded.
3.14. When buying raw materials immediately used in business
by cash in bank, if input VAT is eligible for deduction, the following accounts
shall be recorded:
Dr 621, 623, 627, 641, 642, etc.
Dr 133 – Deductible VAT (1331)
Cr 112 – Cash in bank.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.15. When paying amounts payable, the following accounts
shall be recorded:
Dr 331, 333, 334, 335, 336, 338, 341
Cr 112 – Cash in bank.
3.14. When paying financial expenses or other expenses, the
following accounts shall be recorded:
Dr 635, 811, etc.
Dr 133 – Deductible VAT (if any)
Cr 112 – Cash in bank.
3.17. When paying stakes or dividends or profits to
contributing partners, paying welfare fund by cash in bank, the following
accounts shall be recorded:
Dr 411 – Owner’s equity.
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 353 – Welfare fund
Cr 112 – Cash in bank.
3.18. When paying commercial discounts, sales rebates or
sales returns accounts, the following accounts shall be recorded:
Dr 521 – Revenue deductions
Dr 3331- – VAT payable (33311).
Cr 112 – Cash in bank.
3.19. Accounting contract of resale of Government bonds: in
accordance with Account 171 – Trading in Government bonds.
3.20. Foreign currency related-transactions: the accounting
methods applying to foreign currency-related transactions by cash in bank shall
be carried out similarly to those in cash (refer to account 111).
3.21. Accounting for re-evaluation of monetary gold
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 1123 – Monetary gold (according to domestic buying
prices)
Cr 515 – Financial income.
– If the re-evaluation price of monetary gold generates
losses, the following accounts shall be recorded:
Dr 635 – Financial expenses
Cr 1123 – Monetary gold (according to domestic buying
prices).
Article 14. Account 113 – Cash in
transit
1. Rules for accounting
This account shall be used to record amounts of money which
an enterprise paid to the State bank, the State Treasury, or transferred by
post to a bank, but no credit note or confirmation of payment to other
enterprises has been received; or the enterprise made wire transfer from their
bank account to other enterprises, but no debit note or bank statement has been
received.
Cash in transit includes VND and foreign currencies which
are transited in following cases:
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(028) 3930 3279
DĐ:
0906 22 99 66
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– Making postal remittance in order to pay other enterprises;
– Collecting revenues from good sales then transferring to
Treasuries to pay taxes (payment collected from purchaser shall be transferred
to State Treasury by the enterprise).
2. Structure and contents of account 113 – Cash in transit
Debit:
– Cash or checks in VND, or foreign currencies which are
paid to a bank or transferred to a bank by post, but the credit note has not
been received;
– Exchange rate differences due to re-evaluation of foreign
currency balance at the reporting time.
Credit:
– The amounts of money transferred to account 112 – Cash in
bank, or relevant accounts;
– Exchange rate differences due to re-evaluation of foreign
currency balance at the reporting time.
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
The amounts of money in transit at the reporting time.
Account 113 – Cash in transit, comprises 2 sub-accounts:
– Account 1131 – amounts in VND: recording amounts in VND in
transit.
– Account 1132 – Foreign currencies: recording foreign currencies in
transit.
3. Accounting methods for several major transactions:
a) When collecting money from good sales or customers’ debts
or other incomes in cash or check then transferring to the bank (not via the
fund), but the credit note of bank has been received, the following accounts
shall be recorded:
Dr 113 – Cash in transit (1131, 1132)
Cr 131 – Customers receivable (of customers’ debts)
Cr 511 – Revenues
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 711 – Other incomes
Cr 3331 – VAT payable (33311) (if any).
b) When dispatching cash fund to deposit in bank’s accounts
but the credit note of bank has not been received, the following accounts shall
be recorded:
Dr 113 – Cash in transit (1131, 1132)
Cr 111 – Cash (1111, 1112).
c) Completing wire transfer from bank’s accounts to pay
creditors, but the debit note of the bank has not been received; the following
accounts shall be recorded:
Dr 113 – Cash in transit (1131, 1132)
Cr 112 – Cash in bank (1121, 1122).
d) When a customer pays an advance of good purchase in
check, the enterprise has paid check to a bank, but the credit note of bank has
not been received, the following accounts shall be recorded:
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 131 – Customers receivable.
dd) When the cash in transit has been credited in the
deposit account of the enterprise and the credit note is received; the following
accounts shall be recorded:
Dr 112 – Cash in bank (1121, 1122)
Cr 113 – Cash in transit (1131, 1132).
e) When the cash in transit has been transferred to sellers
or service provider and the debit not is received, the following accounts shall
be recorded:
Dr 331 – Trade payables
Cr 113 – Cash in transit (1131, 1132).
g) The re-evaluation of foreign currency balance in transit
shall be carried out similarly to foreign currency balance in cash (refer to
account 111)
Article 15. Account 121 – Trading securities
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) This account is used to record the sales, purchases and
payments of securities as prescribed which are held for business purposes
(including over-12-month matured securities which are traded for profits).
Trading securities include:
– Shares, bonds listed on securities market;
– Securities and other financial instruments.
This account is not used to record the held to maturity
investment, such as: loans under agreements, cash in bank, bonds, commercial
papers, treasury bills, exchange bills,…held to maturity date.
b) Trading securities must be recorded in the ledger
according to original prices: buying prices plus (+) buying costs (if any)
(brokerage, transactions, information provision, taxes, bank’s fees and
charges. The basis price of trading securities shall be determined according to
fair value of payments at the time in which the transaction takes place the
trading securities shall be recorded when the investors acquire ownership, in
particular:
– Listed securities are recorded at the
time of matching (T+0);
– Unlisted securities are recorded at
the time in which the ownership is acquired as prescribed in regulations of
law.
c) At the end of the fiscal year, if the market prices of
trading securities devalue against their original prices, the provisions for
devaluation shall be made.
d) The enterprise must record incomes from investment in
trading securities sufficiently and promptly. The dividends paid in the period
before investment date shall be recorded as a decrease in value of investment.
When the investor receives additional shares without paying money to
joint-stock companies using share premium, the funds belong to owners’ equity
and unallocated post-tax profits (dividends are allocated by shares) to issue
additional shares, the investor only observes the quantity of additional shares
according to the presentation of financial statement, not records the received
share value, not records financial income and not records the investment value
in joint-stock companies.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
dd) Before any share is exchanged, its value must be determined
according to fair value on the exchanging date. The determination of fair value
of shares shall comply with regulations below:
– Regarding shares of listed companies, fair value of their
shares are closing prices listed on the securities market on the exchange date.
In case the securities market closes transaction on the exchange date, the fair
value of shares is closing prices of the session preceding the exchange date.
– Regarding unlisted shares permitted to transact on the
UPCOM, the fair value of shares are closing prices of UPCOM on the exchange
date. In case the UPCOM closes transactions on the exchange date, the fair
value of shares is closing prices of the session preceding the exchange date.
– With regard to other unlisted shares, the fair value of
shares is prices dealt by contracting parties or book value at the exchange
date.
e) The accountant must keep records of
every type of trading securities holding by the enterprise in details
(according to every security; every entity, face value, actual buying price or
every type of currency used for investment, etc).
g) When liquidating or transferring trading securities
(according to every type of security), the cost price shall be determined
according to mobile weighted average method (weighted average for every
purchase).
2. Structure and contents of account 121 – Trading
securities
Debit: Trading security buying-value.
Credit: trading security selling-value.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Account 121 – Trading securities, comprises 3 sub-accounts:
– Account 1211 – Shares: recording the purchases or sales of shares for
profits.
– Account 1212 – Bonds: recording the purchases, sales and payments of bonds
for profits.
– Account 1218 – Securities and other financial instruments:
recording the
purchases or sales of securities and other financial instruments as prescribed
for profits, such as fund certificates, stock options, warrants, call options,
put options, futures contracts, commercial papers, etc. This account also records
the purchases or sales of other valuable papers including commercial papers or
bill of exchange for profits.
3. Accounting methods for several major transactions:
a) When buying trading securities, according to buying costs
(buying prices plus (+) costs of brokerage, transaction, information, bank fees
or charges, etc), the following accounts shall be recorded:
Dr 121 – Trading securities
Cr 111, 112, 331
Cr 141 – Advance
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) When collecting interests of bonds and other securities
periodically:
– If the received interests are used for purchases of
additional bonds or treasury bills, the following accounts shall be recorded:
Dr 121 – Trading securities
Cr 515 – Financial income.
– When receiving interests in cash, the following accounts
shall be recorded:
Dr 111, 112, 138, etc.
Cr 515 – Financial income.
– When receive investment interests including the investment
interests accrued before re-buy that investment, that interests must be
allocated. Only the interests of periods in which the enterprise buys that
investment shall be recorded to financial income; the interests accrued before
the enterprise re-buys that investments shall be recorded to as a decrease in
value of such investment as follows:
Dr 111, 112, 138, etc (total collected interests)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 515 – Financial income (interests after the enterprise
buys the investment).
c) Accounting for dividends or divided profits:
– If the dividends are received after the investment date,
the following accounts shall be recorded:
Dr 111, 112, etc.
Dr 138 – Others receivable (deferred payments)
Cr 515 – Financial income.
– If the dividends are received before the investment date,
the following accounts shall be recorded:
Dr 111, 112, 138, etc (total collected interests)
Cr 121 – Trading securities (interests accrued before the
enterprise re-buys the investment)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 112, 138
Cr 121 – Trading securities.
d) When transferring trading securities, according to
securities sale prices:
– If the profits generate, the following accounts shall be
recorded:
Dr 111, 112, 131, etc (total payment price)
Cr 121 – Trading securities (weight average cost price)
Cr 515 – Financial income. (Positive difference between the
buying price and the cost price).
– If the losses generate, the following accounts shall be
recorded:
Dr 111, 112, 131, (total payment prices)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 121 – Trading securities (weight average cost price)
– Expenditures on security sales, the following accounts
shall be recorded:
Dr 635 – Financial expenses
Cr 111, 112, 331, etc.
dd) When withdrawing or paying matured trading securities,
the following accounts shall be recorded:
Dr 111, 112, 131
Cr 121 – Trading securities.
Cr 515 – Financial income.
e) If the enterprise transfers the trading securities in the
form of share exchange, the enterprise must determine the fair value of shares
received at the exchange time. The difference (if any) between fair value of
shares received and book value of shares used for exchange shall be recorded to
financial income (in case of profits) or financial expenses (in case of
losses).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 121 – Trading securities (fair value of shares received)
Cr 121 – Trading securities (book value of shares used for
exchange according to weight average method)
Cr 515 – Financial income (positive difference between the
fair value of shares received and the book value of shares used for exchange)
– If the share exchange generates losses, the following
accounts shall be recorded:
Dr 121 – Trading securities (fair value of shares received)
Dr 635 – Financial income (negative difference between the
fair value of shares received and the book value of shares used for exchange)
Cr 121 – Trading securities (book value of shares used for
exchange according to weight average method)
g) When re-evaluating balance of securities in conformity
with definition of accounts derived from foreign currencies (bonds, commercial
papers in foreign currencies, etc).
– If the profits generate, the following accounts shall be
recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 413 – Exchange rate differences.
– If the losses generate, the following accounts shall be
recorded:
Dr 413 – Exchange rate differences.
Cr 121 – Trading securities (1212, 1218).
Article 16. Account 128 – Held to
maturity investments
1. Rules for accounting
a) This account is used to record current amounts and
increases and decreases in held to maturity investments (other than trading
securities), such as: term deposits (including treasury bills, promissory
notes), bonds, preference shares which the issuer is required to re-buy them in
a certain time in the future and held to maturity loans to earn profits
periodically and other held to maturity investments.
This account shall not record bonds and debt securities held
for sales (recorded to account 121 – Trading securities)
b) The accountant must keep records of every held to
maturity investment in details according to every term, entity, type of
currency or quantity, etc. When preparing financial statements, the accountant
shall base on remaining term (under 12 months or 12 months and longer from the
reporting time) to record those to short-term accounts or long-term accounts.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) With regard to held to maturity investments, if it fails
to make provisions for doubtful debts as prescribed, the accountant must
evaluate the recovery. If it is evident that a part or all of investment is
unable to recover, the accountant shall record the losses to financial expenses
within the fiscal year. In case it is unreliable to determine the losses, the
accountant is entitled not to record them to revaluation of investment, but the
recovery of investment must be reported on the financial statements.
dd) When the financial statement is prepared, the accountant
must re-evaluate investment classified as accounts derived from foreign
currencies according to actual exchange rates at the end of the accounting period:
– Exchange rates applying to deposits in foreign currencies
are buying-exchange rates of the bank where the enterprise opens its deposit
account;
– Exchange rates applying to other held to maturity
investments are buying-exchange rates of the bank where the enterprise
regularly enters into transactions (chosen by the enterprise).
2. Structure and contents of account 128 – Held to maturity
investments
Debit:
Value of held to maturity investments increases.
Credit:
Value of held to maturity investments decreases.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Value of current held to maturity investments at the
reporting time.
Account 128 – Held to maturity investments comprises 3
sub-accounts:
– Account 1281 – Term deposits: recording the increases, decreases
and balance of term deposits.
– Account 1282 – Bonds: recording the increases, decreases and balance of
bonds which it intends to hold till maturity.
– Account 1283 – Loans: recording the increases,
decreases and balance of loans under agreements which are not transacted on the
market similarly to securities. According to every contract, loans under
agreements may be recovered fully on the maturity date or recovered
periodically.
– Account 1288 – Other held to maturity investments:
recording the increases, decreases and balance of other held to maturity
investments (other than bank deposits, bonds and loans), such as preference
shares which the
issuer is required to re-buy them in a certain time in the future,
commercial papers.
3. Accounting methods for several major transactions:
3.1. When making term deposits, granting loans, buying held
to maturity investments, the following accounts shall be recorded:
Dr 128 – Held to maturity investments
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.2. When collecting deposit interests, bond interests or
loan interests periodically, the following accounts shall be recorded:
Dr 138 – Other receivables (1388)
Cr 128 – Held to maturity investments (interest included in
principal)
Cr 515 – Financial income.
3.3. When recovering held to maturity investments, the
following accounts shall be recorded:
Dr 111, 112, 131, 152, 156, 211, etc (according to fair
value)
Dr 635 – Financial expenses (in case of losses)
Cr 128 – Held to maturity investments (book value)
Cr 515 – Financial income (in case of profits).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 221, 222 (according to fair value)
Dr 635 – Financial expenses (in case of losses)
Cr 128 – Held to maturity investments (book value)
Cr relevant accounts (if the additional investment is
required)
Cr 515 – Financial income (in case of profits).
3.5. Accounting for transactions of held to maturity bonds:
a) Buying bonds and receiving interests in advance:
– When buying bonds and receiving interests in advance, the
following accounts shall be recorded:
Dr 128 – Held to maturity investments (1282)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3387 – Unearned revenues (interests received in advance).
– When calculating and transferring interests of tax period
according to interests receivable periodically, the following accounts shall be
recorded:
Dr 3387 – Unearned revenues
Cr 515 – Financial income.
– When recovering original prices of bonds on the maturity
date, the following accounts shall be recorded:
Cr 111, 112, etc.
Cr 128 – Held to maturity investments (1282).
b) Buying bonds and receiving interests periodically:
– When buying bonds, the following accounts shall be
recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, etc.
– When receiving bond interests periodically, the following
accounts shall be recorded:
Dr 111, 112, 138, etc.
Cr 515 – Financial income.
– When recovering original prices of bonds on the maturity
date, the following accounts shall be recorded:
Cr 111, 112, etc.
Cr 128 – Held to maturity investments (1282).
c) Buying bonds and receiving deferred interests:
– When buying bonds, the following accounts shall be
recorded:
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, etc.
– When calculating interests and recording revenues
according to the interests receivable periodically, the following accounts
shall be recorded:
Dr 138 – Other receivables (1388)
Cr 515 – Financial income.
– When recovering principal and interests of bonds on the
maturity date, the following accounts shall be recorded:
Cr 111, 112, etc.
Cr 128 – Held to maturity investments (1282).
Cr 138 – Other receivables (1388) (interests of previous tax
period)
Cr 515 – Financial income (regarding interests on maturity
date).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
If it is evident that a part or all of investment are unable
to recover (the issuer is insolvent or goes into bankruptcy. If the losses are
determined reliably, the negative difference between recoverable value and book
value shall be recorded to financial expenses as follows:
Dr 635 – Financial expenses
Cr 128 – Held to maturity investments (1281, 1282, and
1288).
– After recording the losses, if it is evident that the
losses are recoverable, the positive difference between recoverable value and
book value shall be recorded to financial expenses as follows:
Dr 128 – Held to maturity investments (1281, 1282, and
1288).
Cr 635 – Financial expenses
3.7. When re-evaluating balance of held to maturity
investments which are classified accounts derived from foreign currencies, the
following accounts shall be recorded:
– In case of profits, the following accounts shall be
recorded:
Dr 128 – Held to maturity investments
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– In case of losses, the following accounts shall be
recorded:
Dr 413 – Exchange rate differences.
Cr 128 – Held to maturity investments.
Article 17. Rules for accounting for
receivables
1. The receivables shall be kept records in details
according to period receivables, entities receivables, types of currency
receivable and other factors according to requirements for management.
2. The amounts receivable shall be classified into trade
receivables, intra-company receivables, and other receivables following rules
below:
a) Trade receivables include commercial receivables
generating from purchase-sale related transactions, such as: receivables from
sales, services, liquidation or transfer of assets (fixed assets, investment
property, and financial investments) between enterprises and buyers
(independent unit against buyers, including receivables between parent
companies and subsidiary companies or joint-venture companies). Those
receivables include receivables from sale of exported goods given by the
trustor through the trustee;
b) Intra-company receivables include receivables between
superior organizations and affiliated organizations having no legal status and
dependent cost-accounting.
c) Other receivables include non-commercial or non-trading
receivables, such as:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Payment on behalf of a third party eligible for recovery;
receivables on behalf of the trustor which are collected by the trustee
– Non-commercial receivables include borrowed assets, fine
receivables, compensation, assets in shortage awaiting resolution, etc.
3. When preparing financial statements, the receivables
shall be classified into short-term receivables or long-term receivables
according to their remaining terms. Receivables items of balance sheet may
include amounts recorded to other than receivables, such as: loans recorded to
account 1283; deposits recorded to account 244, advance recorded to account
141, etc. The provisions for doubtful debts shall be determined according to
the items which are classified into short-term receivables and long-term
receivables of the balance sheet.
4. The receivables conformable to definition of accounts
derived from foreign currencies (refer to account 413 – Exchange rate
differences) must be re-evaluated at the closing tax period when preparing
financial statements.
Article 18. Account 131 – Trade
receivables
1. Rules for accounting
a) This account is used to record receivables and payments
of receivables of customers from goods, investment properties, fixed assets,
financial investment or services. This account is also used to record
receivables from contractors and contract awarder related to finished
infrastructure development. This account is not used to record immediate cash.
b) The customer receivables must be recorded specifically to
every entity, every receivables item and monitor the recovery terms (above 12
months or not exceeding 12 months from the reporting time) and keep record for
every payment. Receivable entities are customers entering into transactions in
purchase of goods, provisions of services, including fixed assets, investment
property or other financial investments with the enterprise.
c) The export trustor shall record receivables for sale of
exported goods from export trustee to above account similarly to normal
transactions in sales or services.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
dd) If the goods, investment property or services are
provided unconformity with agreements between the enterprise and customers, the
customers may request the enterprise to discount the goods or they may return
the received goods.
e) The enterprise must monitor debts receivable of customers
according to every currency. Receivables in foreign currencies shall follow rules
below:
– When trade receivables generate (Dr 131), those
receivables shall be converted into VND according to actual exchange rates at
the generating time (buying rates of the commercial bank where the customers
repays the debts). With regard to the advance received from the buyers, when
criteria for recognition of revenues are met, the Dr 131 shall apply the
specific identification bookkeeping rate.
– When recover trade receivables (Cr 131), the accountant
must convert them into VND according to actual bookkeeping rate for every type
of debtors (if the debtors enter into multiple transactions, the actual
bookkeeping rate shall equal weight average rate applying to those
transactions). With regard to advance received from buyers, the Cr 131 shall
apply actual exchange rates (the rate recorded to the Debit account – Cash) at
the receiving time;
– The enterprise must re-evaluate trade receivables derived
from foreign currencies at the times in which the financial statements are
prepared as prescribed. The actual exchange rates applying to revaluation
of trade receivables are foreign currency-buying rates of the commercial bank
where the customers make payment, which is appointed by the enterprise when
preparing financial statements. In case the enterprise has multiple receivables
and enters into transactions in the multiple banks, they may choose the buying
rate of any bank of those commercial banks. Units in a group shall apply a
common rate defined by the parent company (provided that it closes to the actual
exchange rates) to re-evaluate trade receivables derived from foreign
currencies arising from transactions of internal group.
2. Structure and contents of account 131 – Trade receivables
Debit:
– Trade receivables generating within a tax period from sale
of goods, investment property, fixed assets, services or financial investments;
– Extra cash payable to customers.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit:
– Customers’ repayment;
– Advances received from customers.
– Discounts offered to customers after customers receive
goods and lodge complaints;
– Sales of returned goods (with or without VAT).
– Amount of payment discounts and trade discounts offered to
buyers.
– Revaluation of receivables in foreign currencies (if the
foreign currency rates fall against VND).
Debit balance:
Remaining trade receivables.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3. Accounting methods for several major transactions:
3.1. When selling goods or providing services without
collecting immediate cash (including receivables from sales of exported goods
of trustors), the following accounts shall be recorded:
a) Regarding goods, services, investment property subject to
VAT, Special excise duty, import tax or environment protection tax, the
revenues from goods and services without taxes shall be recorded as follows
(above indirect taxes must be separated when recording, including VAT payable
using subtraction method):
Dr 131 – Trade receivables (total payment)
Cr 511 – Revenues (tax-exclusive prices)
Cr 333 – Taxes and other payables to the State.
b) In case it fails to separate the taxes payable, the taxes
payable must be included in the revenues. Tax liabilities and the decrease in
revenues shall be recorded as follows:
Dr 511 – Revenues
Cr 333 – Taxes and other payables to the State.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 5213 – Returned goods (prices without taxes)
Dr 333 – Taxes and other payables to the State (VAT of
returned goods, clarifying each type of taxes)
Cr 131 – Trade receivables.
3.3. Accounting for trade discounts and sales rebates
a) In case the amounts of trade discounts or sales rebates
are stated in the invoices, the prices excluding above discounts (recording
according to net revenues) and amounts of trade discounts or sales rebates
shall not be separately recorded;
b) In case the amounts of trade discounts or sales rebates
are not stated in the invoices because the customers are not eligible for those
discounts, the revenues shall be recorded the prices including discounts (gross
revenues) After recording revenues, if the customers are eligible for above
discounts, these discounts shall be recorded separately so that a decrease in
revenue shall be recorded periodically as follows:
Dr 521 – Revenue deductions (5211, 5212) (tax-exclusive
prices)
Dr 333 – Taxes and other payables to the State (VAT of trade
discounts or sales rebates)
Cr 131 – Trade receivables (total amounts of discounts).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111 – Cash
Dr 112 – Cash in bank
Dr 635 – Financial expenses (amounts of payment discounts)
Cr 131 – Trade receivables.
3.5. When receiving payment of customers (including
interests of debts – if any) or receiving advance of customers according to
agreements on sale of goods or provision of services, the following accounts shall be recorded:
Dr 111, 112, etc.
Cr 131 – Trade receivables.
Cr 515 – Financial income (profits).
When receiving advance in foreign currencies, the Cr 131
shall apply actual exchange rates at the receiving time (buying rates of the
bank)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) In case the contractor may make payment following the
schedule under the construction contract:
– If the result of performance of construction contract is
estimated reliably, the following accounts shall be recorded according to
documents on revenues in proportion to finished work (other than invoices)
determined by the contractor:
Dr 337 – Payment under schedule of construction contract
Cr 511 – Revenues.
– According to the invoices issued following the schedule,
the amounts which are paid by customers shall be recorded as follows:
Cr 131 – Trade receivables.
Dr 337 – Payment under schedule of construction contract
Cr 3331 – VAT payable (33311).
b) In case the construction contract
regulates that the contractor shall be paid according to their workload, when the
result of performance of construction contract is determined reliably and
certified by customers, the finished work must be stated in the invoices and
certified, the following accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 511 – Revenues.
Cr 3331 – VAT payable (33311).
c) When collecting the bonus paid to the contractor by
customer because the performance of construction contract reaches or overshoots
the specific targets mentioned in the contract, the following accounts shall be
recorded:
Dr 131- – Trade receivables.
Cr 511 – Revenues.
Cr 3331 – VAT payable (33311).
d) When collecting the compensation paid by customers or
other contracting parties to cover the costs not including in the value of
contract (the delay or mistakes of customers and disputes about changes in
contract performance), the following accounts shall be recorded:
Cr 131 – Trade receivables.
Cr 511 – Revenues.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
dd) When collecting payment for finished works or advance
from customers, the following accounts shall be recorded:
Cr 111, 112, etc.
Cr 131 – Trade receivables.
3.7. In case the customer makes payment in goods instead of
cash (in the form of barter), according to the value of materials or exchanged
goods (according to fair value stated in the VAT invoice or sales invoice of
customers) which is deducted from customers’ debt receivables, and the
following accounts shall be recorded:
Dr 152 – Materials
Dr 153 – Tools
Dr 156 – Goods
Dr 611 – Good purchases (inventory accounted by periodical verification
method)
Dr 133 – Deductible VAT (if any)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.8. When eliminating doubtful debts unable to recover
according to the report on debt relief, the following accounts shall be
recorded:
Dr 229 – Provision for asset losses (2293) (amounts of
provision)
Dr 642 – Enterprise administrative expenses (amounts of
non-provision)
Cr 131 – Trade receivables.
3.9. When collecting entrustment fees from the export/import
trustees, the following accounts shall be recorded:
Cr 131 – Trade receivables.
Cr 511 – Revenues (5113)
Cr 3331 – VAT payable (33311).
3.10. When preparing financial statements, the outstanding
debt in foreign currencies of customers shall be evaluated according to actual
exchange rates at the time in which the financial statements are prepared:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 131 – Trade receivables.
Cr 413 – Exchange rate differences (4131).
– If the foreign currency rates fall against VND rates, the following
accounts shall be recorded:
Dr 413 – Exchange rate differences (4131).
Cr 131 – Trade receivables.
Article 19. Account 133 – Deductible
VAT
1. Rules for accounting
a) This account is used to record input VAT which are
deductible, deducted and shall be deducted of the enterprise.
b) The deductible input VAT and non-deductible input VAT
must be recorded separately. In case they fail to be recorded separately, the
input VAT shall be recorded to account 133. At the end of the tax period, the
deductible input VAT and non-deductible input VAT shall be determined in
accordance with regulations of law on VAT.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) The input VAT eligible for deduction, declaration or tax
payment shall be determined in accordance with regulations of law on VAT.
2. Structure and contents of account
133 – Deductible VAT
Debit:
Deductible VAT.
Credit:
– Deducted VAT.
– Transfer of non-deductible input VAT.
– Input VAT of goods which are returned or offered
discounts;
– Refunded input VAT.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Remaining deductible input VAT, refundable input VAT which
has not been refunded by government budget.
Account 133 – Deductible VAT, comprises 2 sub-accounts:
– Account 1331 – Deductible VAT of goods or services:
recording deductible input VAT of materials, goods or services bought to used
in production of goods or provision of services subject to VAT using
credit-invoice method.
– Account 1332 – Deductible VAT of fixed assets: recording
deductible input VAT of fixed assets bought to use in production of goods or
provision of services subject to VAT using credit-invoice method, or of the
purchase of investment property.
3. Accounting methods for several major transactions:
3.1. When buying inventory, fixed assets, investment
property, if the input VAT is deductible, the following accounts shall be
recorded:
Dr 152, 153, 156, 211, 213, 217, 611 (prices excluding VAT)
Dr 133 – Deductible VAT (1331, 1332)
Cr 111, 112, 331, etc. (total payment).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 621, 623, 627, 641, 642, 241, 241, etc.
(VAT-exclusive prices)
Dr 133 – Deductible VAT (1331)
Cr 111, 112, 331, etc. (total payment).
3.3. When buying goods and buying them to customers
immediately (without inventory), if the input VAT is deductible, the following
accounts shall be recorded:
Dr 632 – Costs of goods sold (prices not excluding VAT)
Dr 133 – Deductible VAT (1331)
Cr 111, 112, 331, etc. (total payment).
3.4. When importing materials, goods, fixed assets:
– Accounting for value of import materials, goods or fixed
assets including total amount payable to sellers (according to actual exchange
rates), import tax, special excise duty, environment protection tax payable (if
any), transport expenses, the following accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 331 – Trade payables
Cr 3331 – VAT payable (33312) (if the input VAT of imported
goods are not deductible)
Cr 3332 – Special excise duty.
Cr 3333 – Export or import tax (specific import tax)
Cr 33381 – Environment protection tax
Cr 111, 112, etc.
– If the input VAT of imported goods is not deductible, the
following accounts shall be recorded:
Dr 133 – Deductible VAT (1331, 1332)
Cr 333 – Taxes and other payables to the State (33312).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, 331 (total payment).
Cr 133 – Deductible VAT (input VAT of returned goods or discounted
goods)
Cr 152, 153, 156, 211, etc. (prices not excluding VAT).
3.6. With regard to deductible input VAT unable to record
separately:
a) When buying materials, goods or fixed assets, the
following accounts shall be recorded:
Dr 152, 153, 156, 211, 213 (prices excluding VAT)
Dr 133 – Deductible VAT (input VAT)
Cr 111, 112, 331, etc.
b) At the end of the tax period, the deductible input VAT
and non-deductible input VAT shall be determined in accordance with regulations
of law on VAT. The non-deductible input VAT shall be recorded to costs of goods
sold in the accounting period, the following accounts shall be recorded:
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 133 – Deductible VAT (1331)
3.7. With regard to input materials,
goods or fixed assets which are damaged by natural disasters, conflagration,
lost and covered by an organization or individual, if the input VAT of those
goods are not deductible:
– If it fails to uncover the reason for
damages, the following
accounts shall be recorded:
Dr 138 – Other receivables (1381)
Cr 133 – Deductible VAT (1331, 1332)
– If there is decision on compensation issued by the
competent agency, the following accounts shall be recorded:
Cr 111, 334, etc. (amounts of compensation)
Dr 632 – Costs of goods sold (if they are recorded to costs)
Cr 138 – Other receivables (1381)
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.8. At the end of the month, when determining the VAT
payable in the tax period by deducting the deductible input VAT from output
VAT, the following accounts shall be recorded:
Dr 3331 – VAT payable (33311).
Cr 133 – Deductible VAT.
3.9. When the input VAT of goods or services are refunded,
the following accounts shall be recorded:
Dr 111, 112, etc.
Cr 133 – Deductible VAT (1331)
Article 20. Account 136 –
Intra-company receivables
1. Rules for accounting
a) This account is used to record receivables and payments
of receivables between the parent company and affiliated units or between
affiliated units. The affiliated units are dependent accounting units which
have no legal status, but they have accounting divisions, such as branches,
plants, or project management board, etc.
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) Content of intra-company receivables recorded to account
136:
– In the superior enterprise:
+ Capital, funds or funding allocated to affiliated units;
+ Amounts payable to superior enterprise by affiliated units
as prescribed;
+ Amounts collected by affiliated units;
+ Amounts of expenses paid on behalf of affiliated units;
+ Amounts allocated to affiliated units to perform internal
fixed works and receive value of fixed works
+ Other current receivables.
– In the dependent accounting units:
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ Value of goods or services transferred to superior
enterprise or other affiliated units for sale; revenues from goods or services
provided for the affiliated units;
+ Amounts collected by superior enterprise or other
affiliated units;
+ Amounts paid for superior enterprise or other affiliated
units;
+ Other current receivables.
d) Account 136 must be kept records of every inferior unit
in details and every intra-company receivables must be separately monitored.
The enterprise must take measure for intra-company receivables within the tax
period.
dd) At the end of tax period, it is required to collate and
certify incurred amounts or balance of account 136 “Intra-company receivables”,
account 336 “Intra-company receivables” with affiliated units in the payment
relationship must be verified, collated and certified. Offsetting for every
account of each subsidiary in relationship, and offsetting account 136
“Intra-company receivables” against 336 “Internal payable”
(for every entity). When comparing, if there is any difference, it is required
to uncover reasons and adjust promptly.
2. Structure and contents of account 136 – Intra-company
receivables
Debit:
– Operating capital provided for affiliated units;
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Amounts paid on behalf of superior enterprise or other
affiliated units;
– Amounts receivables collected by superior enterprise or
amounts payable made by affiliated units;
– Amounts receivables collected by affiliated units, amounts
payable provided by superior enterprise;
– Amounts receivables of goods or services between
affiliated units.
– Other intra-company receivables.
Credit:
– Capital or fund recovery of affiliated units;
– Settlement of public funding allocated and used by
affiliated units;
– Value of finished fixed assets transferred from project
management board; other amounts shall be recorded as decreases in receivables
of investor from project management board;
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…
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Offsetting intra-company receivables against intra-company
payables of an entity.
Debit balance: Outstanding receivables from subsidiaries.
Account 136 – Intra-company receivables, comprises 4
sub-accounts:
– Account 1361 – Operating capital provided for affiliated
units: This account is only opened by the superior enterprise to record
current business capital of dependent accounting units allocated by the
superior enterprise.
This account does not record capital which a parent company
invests in their subsidiaries or capital which the enterprise invests in
dependent accounting units having legal status. Above investment shall be
recorded to account 221 “Investment in subsidiaries”.
– Account 1362 – Intra-company receivables for exchange
differences: This
account is only opened in enterprises which are investors establishing project
management boards, used to record exchange differences transferred by the
project management board.
– Account 1363 – Intra-company receivables for cost of loans
eligible for capitalization: This account is only opened in enterprises which are
investors establishing project management board, used to record capitalized
borrowing costs incurring in project management board.
– Account 1368 – Other intra-company receivables:
recording other receivables between affiliated units.
3. Accounting methods for several major transactions:
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) When paying on behalf of the superior enterprise and
other affiliated units, the following accounts shall be recorded:
Dr 136 – Other receivables (1368)
Cr 111, 112.
b) According to notification of welfare fund allocated by
superior enterprise, the following accounts shall be recorded:
Dr 136 – Other receivables (1368)
Cr 353 – Welfare fund.
c) When selling goods or providing services for subsidiaries
in the enterprise, according to operation and task delegation in every unit:
– In case the dependent accounting unit is in charge of
recording revenues, the following accounts shall be recorded:
Dr 136 – Other receivables (1368)
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…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 333 – Taxes and other payables to the State.
Concurrently, the cost prices shall be recorded as follow:
Dr 632 – Costs of goods sold
Cr 154, 155, 156, etc.
– In case the dependent accounting unit is not in charge of
recording revenues, value of goods or services provided for subsidiaries shall
be recorded to internal receivables:
Dr 136 – Other receivables (1368)
Cr 154, 155, 156
Cr 333 – Taxes and other payables to the State.
dd) When receiving money, materials or assets from superior
enterprise or other internal enterprises for amounts receivables, the following
accounts shall be recorded:
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 136 – Other receivables (1368).
e) When offsetting intra-company receivables against internal
payables of the same entity, the following accounts shall be recorded:
Dr 336 – Other receivables (3368)
Cr 136 – Other receivables (1368).
3.2. In superior enterprise
a) When a superior enterprise provides operating capital for
inferior dependent accounting units having no legal status:
– If the business capital is in money, the following
accounts shall be recorded:
Dr 1361 – Operating capital in affiliated units
Cr 111, 112.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 136 – Other receivables (residual value of fixed assets)
(1361)
Dr 214 – Depreciation of fixed assets (value of depreciation
of fixed assets)
Cr 211 – Tangible fixed assets (cost prices).
b) In case the dependent accounting units receive operating
capital directly from government budget according to the authorization of
superior enterprise, when the affiliated units receive capital, the superior
enterprise shall record as follow:
Dr 136 – Other receivables (1361)
Cr 411 – Owner’s invested equity.
c) When the superior enterprise provides public funding or
projects to affiliated units, the following accounts shall be recorded:
Dr 136 – Other receivables (1368)
Cr 111, 112, 461, etc.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, etc.
Cr 136 – Other receivables (1361).
dd) According to report on operating capital paid to
government budget by the dependent accounting unit under authorization of
superior enterprise, the following accounts shall be recorded:
Dr 411 – Owner’s invested equity.
Cr 136 – Other receivables (1361).
e) When selling goods or providing services for affiliated
units in the enterprise, according to operation and gradation in every unit,
the revenue may be recorded either at the time in which the goods or services
are transferred to dependent accounting units or at the time in which the
dependent accounting units sell goods or services:
– If the revenue is recorded when the goods or services are
transferred to dependent accounting units, the following accounts shall be
recorded:
Dr 136 – Other receivables (1368)
Cr 511 – Revenues (specific internal sale)
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the revenue is not recorded when the goods or services
are transferred to dependent accounting units, the following accounts shall be
recorded:
+ When transferring goods or services:
Dr 136 – Other receivables (1368)
Cr 154, 155, 156
Cr 333 – Taxes and other payables to the State (if any).
+ When the dependent accounting unit notifies that it has
sold their goods or services to a third party outside the enterprise, the
following accounts shall be recorded:
Dr 136 – Other receivables (1368)
Cr 511 – Revenues.
Concurrently, the cost prices shall be recorded as follow:
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…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 136 – Other receivables (1368).
g) When collecting interest receivables arising from
business or other operation of subsidiaries, the following accounts shall be
recorded:
Dr 136 – Other receivables (1368)
Cr 421 – Unallocated profits.
h) When paying for dependent accounting units, the following
accounts shall be recorded:
Dr 136 – Other receivables (1368)
Cr 111, 112, etc.
I) When receiving the business interests from
affiliated units or repayment of amounts paid on behalf of the affiliated
units, the following accounts shall be recorded:
Cr 111, 112, etc.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
k) When offsetting intra-company receivables against
internal payable of the same entity, the following accounts shall be recorded:
Dr 336 – Other receivables (3368)
Cr 136 – Other receivables (1368).
3.3. Accounting pertaining to investors establishing project
management board
a) When an investor issues a decision on allocation of
investment capital in money, materials or fixed assets to project management
board, the following accounts shall be recorded:
Dr 136 – Other receivables (1361)
Dr 214 – Depreciation of fixed assets
Cr 111, 112, 152
Cr 211 – Tangible fixed assets
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…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 136 – Other receivables (1368)
Cr 515 – Financial income.
c) When the investor transfers the capitalized borrowings
costs to project management board to the construction costs, the following
accounts shall be recorded:
Dr 136 – Other receivables (1363)
Cr 111, 112, 242, 335.
d) When revenues, financial income or other incomes submitted
by project management boards are received, the following accounts shall be
recorded:
Dr 136 – Other receivables (1361, 1368)
Cr 515, 711.
dd) When project management boards transfer input VAT on
purchases of materials, tools, fixed assets or services for project of
investment to the investor for deduction, the following accounts shall be
recorded:
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…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 136 – Other receivables (1368).
e) When receiving cost prices for services, financial
expenses or other expenses transferred by project management boards, the
following accounts shall be recorded:
Dr 632, 635, 811, etc.
Cr 136 – Other receivables (1362, 1368).
g) When the project is finished and received, the following
accounts shall be recorded:
– When receiving the building work which is settled, the
investor shall record the value of the building work to settled price as
follows:
Dr 111, 112, 152, 153, 211, 213, 217, 1557
Dr 133 – Deductible VAT (if any)
Cr 136 – Intra-company receivables (1361)
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When receiving building work which is not settled,
the investor shall record the value of the building work to estimated price.
When the building work is settled, the value of the building work shall be
adjusted to the settled price.
+ If the settled price is greater than the estimated price,
the following accounts shall be recorded:
Dr 211, 213, 217, 1557
Cr, relevant accounts.
+ If the settled price is smaller than the estimated price,
the following accounts shall be recorded:
Dr, relevant accounts.
Cr 211, 213, 217, 1557.
Article 21. Account 138 – Other
receivables
1. Rules for accounting
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Value of shortage of assets detected, but the reasons are
not uncovered awaiting resolution;
– Material compensation for losses or damage to materials,
goods or capital, etc caused by individuals or groups (inside or outside
enterprise);
– Non-monetary assets borrowed by other entities (if lending
in money, the loan shall be recorded to account 1283);
– Expenditures on public activities, projects, investment in
capital investment, production or business shall be recovered because they are
not approved by competent agency;
– Expenditures on behalf of a third party required recovery,
such as banking fees, customs inspection fees, delivery expenses, material
handling expenses, taxes, etc
– Receivables arising from equitization of state-owned
enterprises, such as: equitization costs, allowance for unemployed, support for
re-training provided for employees in the equalized enterprises, etc.
– Loan interests, dividends, profits receivables from
financial investment;
– Other receivables.
2. Structure and contents of account 138 – Other receivables
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Value of assets in shortage awaiting resolution;
– Receivables from individuals or groups (inside or outside
enterprise) for assets in shortage whose reasons are uncovered and there is a
resolution report,
– Receivables from equitization of state-owned enterprises;
– Loan interests, deposit interests, dividends or profits
receivables from financial investment;
– Expenditures on behalf of a third party subject to
recovery, debts receivables;
– Revaluation of receivables in foreign currencies (if the
foreign currency rates rise against VND).
Credit:
– Transfer value of assets in shortage to relevant accounts
according to resolution decision;
– Transfer receivables to equitization of state-owned
enterprises;
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Revaluation of receivables in foreign currencies (if the
foreign currency rates fall against VND).
Debit balance:
Non-collected amounts of other debts receivables.
This account may have balance in Credit side. The balance of Credit side records
the positive difference between collected amounts and amounts receivables (in
details).
Account 138 – Other receivables, comprises 3 sub-accounts:
– Account 1381 – Assets in shortage awaiting resolution: recording value of assets in
shortage awaiting resolution.
In principle, whenever asset deficiency is detected, the
reasons and the person in charge must be uncovered. The asset deficiency is
only recorded to account 1381 if reasons for deficiency, losses or damage of
assets in shortage awaiting resolution are not uncovered. In case the reasons
for asset deficiency are uncovered and they are settled within a tax period,
they shall be recorded to equivalent accounts, not recorded to account 1381.
– Account 1385 – Equitization receivables: recording equitization receivables
which the enterprise spends, such as: equitization costs, unemployment
allowances, support for re-training of employees in the equitized enterprises,
etc.
– Account 1388 – Other receivables: recording receivables of the
enterprise other than amounts receivables recorded to accounts 131, 133, 136
and 1381, 1385, such as: dividends, profits or interests receivables;
compensation receivables due to losses of money or assets; etc.
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…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.1. If the deficiency of tangible fixed assets for business
are detected without reasons and pending settlement, the following accounts
shall be recorded:
Dr 138 – Other receivables (1381) (residual value of fixed
assets)
Dr 214 – Depreciation of fixed assets (depreciation value)
Cr 211 – Tangible fixed assets (cost prices).
3.2. If the deficiency of tangible fixed assets for public,
projects or welfare are detected without reasons and pending settlement, the
decrease in fixed assets shall be recorded as follows:
Dr 214 – Depreciation of fixed assets (depreciation value)
Dr 466 – Funding sources forming fixed assets (residual
value) (fixed assets used for public or projects)
Dr 3533 – Welfare funds forming fixed assets (residual
value) (fixed assets used for welfare)
Cr 211 – Tangible fixed assets (cost prices).
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…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 138 – Other receivables (1381)
Cr 353 – Welfare fund (3532)
Cr 338 – Others payable (fixed assets for public or
projects).
3.3. When the deficiency of cash balance, materials, goods,
etc is detected:
a) If the reasons for deficiency are not uncovered and
pending settlement, the following accounts shall be recorded:
Dr 138 – Other receivables (1381)
Cr 111, 152, 153, 155, 156.
b) If there is a written settlement of asset deficiency
issued by the competent agency, the following accounts shall be recorded:
Dr 111 – Cash (individual or organization paying
compensation)
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 334 – Amounts payable to employees (compensation
offsetting against salaries)
Dr 632 – Costs of goods sold (value of depreciation of
inventory after offsetting against compensation according to the written
settlement)
Dr 811 – Other receivables (residual value of deficient
fixed assets shall be accounted for losses of the enterprise)
Cr 1381 – Assets in shortage awaiting resolution.
c) If the reasons and persons in charge of asset deficiency
are uncovered, the following accounts shall be recorded according to the
reasons or persons in charge:
Dr 1388 – Others receivables (1388 – Others receivables)
(amounts of compensation)
Dr 334 – Amounts payable to employees (compensation
offsetting against salaries)
Dr 632 – Costs of goods sold (value of depreciation of
inventory after offsetting against compensation according to the written
settlement)
Cr 621 – Direct material costs
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 152, 153, 155, 156.
Cr 111, 112.
3.4. Temporary asset borrowings shall be recorded as follows:
Dr 138 – Other receivables (1388)
Cr 152, 153, 155, 156, etc.
3.5. Expenditures on behalf of a third party subject to
recovery, other receivables, and the following accounts shall be recorded as
follows:
Dr 138 – Other receivables (1388)
Cr, relevant accounts.
3.6. Accounting for trust transactions in import-export
carried out by the trustee:
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 138 – Other receivables (1388) (if the trustor has not
paid advance)
Dr 3388 – Other receivables (offsetting against payment of
trustor)
Cr 111, 112, etc.
b) When the export trustor offsets against expenses paid on
behalf of a third party, the export trustee shall record as follows:
Dr 338 – Other receivables (3388)
Cr 138 – Other receivables (1388)
c) Transactions in export-import entrustment shall be
accounted similarly to account 138 – Others receivables; VAT on imported goods,
special excise duty, import duty carried out by the trustee and the trustor
shall be accounted similarly to account 333 – Taxes and other payables to the
State.
3.7. When determining loan interests, deposit interests,
dividends or profits receivables, the following accounts shall be recorded:
Dr 111, 112, etc. (collected amounts)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 515 – Financial income.
3.8. When collecting other debt receivables, the following
accounts shall be recorded:
Dr 111 – Cash
Dr 112 – Cash in bank
Cr 138 – Other receivables (1388)
3.9. When receiving decision on solutions for other debt receivables
unable to recover:
Dr 111 – Cash (compensation paid by individuals or groups)
Dr 334 – Amounts payable to employees (compensation
offsetting against salaries)
Dr 229 – Provision for asset losses (2293) (using provision
for doubtful debts, if applicable)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 138 – Other receivables (1388 – Other receivables).
3.10. When enterprises have sold other receivables
(recording in balance sheet) to debt trading company, the following accounts
shall be recorded:
Dr 111, 112, etc. (Collected amounts of sale of debts
receivables)
Dr 229 – Provision for asset losses (2293) (using provision
for bad debts for the differences)
Debit of relevant accounts (difference between original
price of doubtful debt and collected amounts of sale of doubtful debt shall be
covered by provision for doubtful debt)
Cr 138 – Other receivables (1388)
3.11. When incurring costs of equitization of state-owned
enterprises, the following accounts shall be recorded:
Dr 1385- Equitization receivables (detail costs of
equitization)
Cr 111, 112, 152, 331, etc.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 3385 – Equitization payable (collected amounts of sale of
state-owned stocks)
Cr 1385 – Equitization receivables.
3.13. With regard to expenditures on public activities,
projects, investment in capital investment or business which is not approved by
competent agency and subject to recovery, the following accounts shall be
recorded:
Dr 138 – Other receivables
Cr 161, 241, 641, 642, etc.
3.14. When preparing financial statements, other outstanding
debts receivables derived from foreign currencies shall apply actual exchange
rates:
– If foreign currency rates rise against VND rates, the
following accounts shall be recorded:
Dr 138 – Other receivables
Cr 413 – Exchange rate differences (4131).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 413 – Exchange rate differences (4131)
Cr 138 – Other receivables
Article 22. Account 141 – Advances
1. Rules for accounting
a) This account is used to record advances of an enterprise
paid to employees in the enterprise and payment of those advances.
b) Advance is an amount or material given to receivers to do
business or deal with any approved tasks. The receivers must be employees
working at the enterprise. The regular receivers (working in department of
material provision, administration) must be appointed by Director in writing.
c) The receiver (individual or group) must take
responsibility for received advance and use the advance for proper purposes and
approved tasks. If the received advance is unused or remained, it is required
to repay to the fund. The receiver shall not transfer the advance to others.
When finishing the tasks, the receiver must make an advance
payment sheet (enclose with original documents) to pay fully received advance,
used advance or difference between received advance and used advance (if any).
If the unused advance is not repaid to the fund, the receiver’s salary shall be
deducted. If the expenditure is greater than the received advance, the
enterprise shall give additional expenditure on the deficiency.
d) The advance of this tax period is only received if the
advance of previous tax period is settled. The accountant must keep
records of receivers, receiving and payment of advances.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit:
Amounts of money or materials advanced to employees of the
enterprise.
Credit:
– Paid advances;
– Unused advances which are required to repay to the fund or
deducted from salaries;
– Unused materials which are re-stored.
Debit balance:
Unpaid advances;
3. Accounting methods for several major transactions:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 141 – Advances
Cr 111, 112, 152, etc.
b) When finishing assignment, the receiver shall make the
advance payment sheet enclosed with approved original documents for settlement
of the advance; the following accounts shall be recorded:
Dr 152, 153, 156, 241, 331, 621, 623, 627, 642, etc.
Cr 141 – Advances.
c) Unused advances which are repaid to the fund, re-stored
or deducted from the receiver’s salary, the following accounts shall be
recorded:
Dr 111 – Cash
Dr 152 – Raw materials, materials
Dr 334 – Amounts payable to employees
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) If the approved actual expenditure is greater than
received advance, the accountant shall make additional payment to the receiver;
the following accounts shall be recorded:
Dr 152, 153, 156, 241, 621, 622, 627, etc.
Cr 111 – Cash.
Article 23. Rules for accounting for
inventory
1. Group of inventory accounts is used to record existing
value and changes in inventory of the enterprise (if the enterprise accounts
for inventory using regular declaration method) or record value of inventory in
the opening or closing tax period (if the enterprise accounts for inventory using
periodical declaration method).
2. Inventory of the enterprise is assets bought for
production or sale in an ordinary course of business, including:
– Goods in transit;
– Raw materials, materials; tools;
– Unfinished goods;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Goods stored in tax-suspension warehouse of the
enterprise.
With regard to unfinished goods, if their period of
production or circulation exceeding a normal business cycle, they shall not be
recorded to inventory in the balance sheet, but shall be recorded to long-term
assets.
With regard to equipment and spare parts for replacement
whose preserve period is more than 12 months or more than an ordinary course of
business, they shall not be recorded to inventory in the balance sheet, but
shall be recorded to long-term assets.
3. The goods, materials, assets under agreement on keeping,
deposit, import-export trust, processing,…which are not under ownership and
control of the enterprise shall not be recorded to inventory.
4. Accounting for inventory must comply with regulations on
Vietnamese accounting standard (VAS) “Inventory” when determining original
prices of inventory, method for calculation of value of inventory,
determination of net realizable value, making provision against devaluation of
goods in stock and recording costs.
5. Rules for determination of original prices of inventory
are applied specifically to every type of materials, goods, according to
sources and time in which the prices are determined
6. Non-refundable taxes which are recorded to value of
inventory include: non-deductible input VAT on inventory, Special excise duty,
import tax, environmental protection tax payable when buying inventory.
7. When buying inventory, if goods, equipment or spare parts
for replacement are attached (provision for breakdown), the changeable goods,
equipment or accessories shall be recorded according to fair value. The value
of purchased goods shall equal total value of purchases goods minus (-) value
of changeable goods, equipment or spare parts for replacement.
8. When selling inventory, the original prices of sold
inventory shall be recorded to production cost within a tax period in
conformity with relevant revenues which are recorded and in conformity with
their nature of transactions. When releasing inventory for promotion or
advertisement, the rules below shall be followed:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) If the inventory are released for promotion or
advertisement with additional conditions that the customers are required to buy
goods (e.g. buy two, get one free, etc) The collected amounts shall be
allocated to revenues from complimentary products, the value of complimentary
products shall be included in their cost (nature of transaction is sale
rebates).
9. When determining value of closing inventory, the
enterprise applies one of following methods:
a) Specific identification method: Specific identification
method shall be applied according to actual value of every purchased good or
every sold good, so that it is only applied to enterprises having a few items
of products or stable and identifiable goods.
b) Weighted average method: value of every inventory item
shall equal mean value of each opening inventory item and value of each
inventory item sold or produced in current period. Mean value may be calculated
in every period or after import consignment, depending on specific conditions
of every enterprise.
c) First in, first out method (FIFO): This method assumes
that inventory purchased or manufactured first is sold first and newer
inventory purchased or manufactured near the end of the accounting period
remains unsold. According to this method, value of inventory sold shall apply
prices of purchased inventory at or near the beginning of the accounting
period; value of closing inventory shall apply prices of purchased inventory at
or near the end of accounting period.
Every inventory costing method has their certain advantages
and disadvantages. The accuracy and reliability of every method bases on
management requirements, standards, professional competence and calculating
equipment or means of information processing of the enterprise. And bases on
preservation requirements, complexity of types, specifications and fluctuation
of materials or goods of the enterprise.
10. Regarding inventory purchased in foreign currencies,
value of received inventory shall base on actual exchange rates at the arising
time (if the seller is received an advance, the value of received inventory
shall be equivalent to the advance exchange rates. Import duty payable shall be
determined according to exchange rates for calculation of import duty provided
by customs authority as prescribed. Accounting for exchange differences shall
comply with regulations of Article 69 – Guidelines for accounting method for
exchange rate differences.
11. At the end of the accounting period, if the inventory
value is not recovered enough due to damage or out of fashion, decrease in
selling prices or increase in cost of improvement or selling expenses, a
decrease in original prices of inventory shall be recorded leading the equal
between the original cost and net realizable value of inventory. Net
realizable value is selling price of inventory estimated in an ordinary course
of business minus (-) estimated cost of product improvement or cost of consumption.
The decrease in original prices of inventory leading the
equal between the original cost and net realizable value shall be covered by
provision against devaluation of inventory. The provision against
devaluation of inventory is the positive difference between original cost and
net realizable value of inventory.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
12. Inventory value and inventory in kind must be
specifically accounted for every kind, specification of goods or materials,
management and use place, ensure the conformity between actual materials or
goods and general ledger and ledger.
13. An enterprise (an accounting unit) may only apply one of
two accounting methods for inventory: perpetual inventory system, periodic
inventory system. The accounting method for inventory shall be selected at the
enterprise according to characteristics, quantity, types of materials or goods
and management requirements and in the accounting period.
Accounting methods for inventory.
a) Perpetual inventory system: Periodic inventory system is
a method monitoring and keeps up-to-date inventory records to account for
additions to, subtractions from or balance of inventory on the accounting
records. When applying perpetual inventory system, inventory accounts shall be
used to record current amounts, increase or decrease in materials or goods.
Therefore, value of inventory on accounting record may be determined at any
time in the accounting period.
At the end of accounting period, the physical inventory
count shall be compared with inventory data in ledger. In principle, the actual
inventory data must conform to inventory data in ledger. If there is any
difference, it is required to uncover reasons and provide solutions. The
perpetual inventory system is usually applied to manufacturing enterprise
(industry, construction, etc) And commercial enterprises dealing in high value
items such as machinery, equipment, engineering goods, high quality , etc.
b) Periodic inventory system:
– The periodic inventory system shall be used to update the
ending inventory balance in the general ledger according to the physical
inventory count and calculate cost of goods or materials sold following the
formulary below:
Cost of goods sold
=
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+
Purchases
–
Ending inventory
– According to periodic inventory system, any changes in
materials or goods (additions to or subtractions from inventory) shall not be
recorded to inventory accounts. Value of materials or goods purchased and added
to inventory in the period shall be recorded to a separate account (account 611
“Purchases”).
– The physical inventory count and determination of cost of
goods or materials sold (for production or for sale) shall be conducted at the
end of accounting period and used as the basis for accounting of account 611
“Purchases”. When applying periodic inventory system, inventory accounts shall
only used at the beginning of the accounting period (for transfer of opening
balance) and at the ending of the accounting period (for recording actual
ending inventory).
– This method is usually applied to enterprises trading in
multiple types of goods or materials with different specification or models,
low value, and those goods or materials are regularly sold for use or sale
(retail outlets, etc). This method is simple and easy for accounting. But the
accuracy of materials or goods sold is affected by the management of warehouses,
depot.
Article 24. Account 151 – Goods in
transit
1. Rules for accounting
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) Goods or materials under ownership of the enterprise, but
not been stocked, including:
– Goods or materials purchased payment or acceptance of
payment, but still in warehouses of seller, in ports, depot or on the way of
delivery;
– Goods or materials arrived at the enterprise but still are
verification for stock.
c) Goods in transit shall be recorded to account 151
according to original prices as prescribed in VAS “Inventory”
d) Every day, when receiving purchase invoices, but the
goods are not stocked, the accountant shall not keep records but compare them
with economic contract and store invoices in a separate dossier “Goods in
transit”.
Within a month, if the goods are stocked, they shall be
recorded to account 152 “Raw materials, materials”, account 153 “Tools”,
account 156 “Goods” or account 158 “tax-suspension warehouse goods” according
to warehouse receipt and purchase invoices.
dd) If the goods are not arrived at the end of the month,
they shall be recorded to account 152 “Goods purchased in transit”
according to purchase invoices. The accountant must keep specific records of
goods in transit according to every type of goods, materials, consignment or
economic contracts.
2. Structure and contents of account 151 – Goods in transit
Debit:
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Transfer of actual value of goods or materials purchased
in transit at the end of the accounting period (if the enterprise accounts for
inventories using periodic inventory system)
Credit:
– Value of goods or materials purchased in transit which are
stored or delivered to customers;
– Transfer of actual value of goods or materials purchased
in transit at the begin of the accounting period (if the enterprise accounts
for inventories using periodic inventory system)
Debit balance: Value of goods or materials purchased in
transit (not stored in the enterprise’s warehouse).
3. Accounting methods for several major transactions:
a) The enterprise accounts for inventories using perpetual
inventory system.
– At the end of accounting period, according to purchase
invoices of goods purchased which are not stored in warehouse, if the input VAT
is deductible, the following accounts shall be recorded:
Dr 151 – Goods in transit (prices without VAT)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 331 – Trade payables; or
Cr 111, 112, 141, etc.
– If the input VAT is not deductible, value of goods
purchased shall include VAT
– Next month, when goods are stored in warehouse, according
to invoices and warehouse receipts, the following accounts shall be recorded:
Dr 152 – Raw materials, materials
Dr 153 – Tools
Dr 156 – Goods
Cr 151 – Goods in transit.
– Next month, if the goods or materials purchased in transit
which are not stored in warehouses but delivered to customers under economic
contract at the seller’s vehicle or warehouses, at ports, depot or delivered
directly to customers, deposited at the agencies, the following accounts shall
be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 157 – Goods dispatched for sale
Cr 151 – Goods in transit.
– In case the goods purchased in transit are in shortage
detected immediately or at the ending inventory, according to report on
shortage, the value of deficiency or losses of inventories shall be recorded as
follows:
Cr 1381 – Assets in shortage awaiting resolution.
Cr 151 – Goods in transit.
b) If the enterprise accounts for inventories using periodic
inventory system.
– At the ending inventory, according to actual value of
goods or material in transit which is transferred at the ending inventory
before transferred actual value of goods or materials in transit at the
beginning inventory, the following accounts shall be recorded:
Dr 611 – Purchase of goods
Cr 151 – Goods in transit.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 151 – Goods in transit.
Cr 611 – Purchase of goods.
Article 25. Account 152 – Raw
materials inventory
1. Rules for accounting
a) This account is used to record current cost or increase
or decrease in cost of all component parts currently in enterprise’s stock. Raw
materials of the enterprise are labor materials purchased outside or home-made
processed for business. Raw materials or materials recorded to this account
shall be classified as follows:
– Direct materials: These are materials incorporated into
the final products.
Hence, direct materials term shall accompany with a specific manufacturer.
There is not direct or indirect materials term in the enterprises engaged in
commerce or services. Direct materials also include semi-finished goods
purchased for incorporation into the finished goods.
– Indirect materials: These are materials not incorporated into the final
product, but which are combined with direct materials during the production
process to change colors, tastes, shapes or increase in quality of the final
product or facilitate production process, technology, packaging or
preservation; or serve the operation.
– Fuels: These are any materials providing heat energy
during the production process and facilitate the process of making usual
product. Fuels can
exist in liquid, solid and gas.
– Replaced supplies: These are any materials used for replacement or repair of
machinery, equipment, vehicle, manufacturing tools or supplies, etc.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) The received, dispatched or inventoried raw materials
recorded to account 152 shall be accounted according to historical costs as
prescribed accounting standard “Inventory”. Historical costs of raw materials
shall be determined according to every source.
– Historical costs of raw materials include: Buying costs
stated in invoices, import duty, Special excise duty, import VAT, environmental
protection tax payable (if any), cost of delivery, material handling,
preservation, classification, insurance, etc; of raw materials from the
supplier to the enterprise’s stock, expenses incurred from employees in charge
of purchase, expenses incurred from independent department of purchase, other
costs directly related to purchase of raw materials and natural deficiency within
the quotas (if any):
+ If the VAT on imported goods is deductible, cost of raw
materials purchased shall not include VAT. If the input VAT is not deductible,
cost of raw materials purchased shall include VAT.
+ Accounting for raw materials purchased in foreign
currencies shall comply with regulations of Article 69 – Guidelines for
accounting method for exchange rate differences.
– Historical cost of raw materials home-made processed
includes: actual
cost of materials for processing and cost of processing.
– Historical cost of raw materials processed under
outsourcing agreement includes: actual cost of materials for outsourcing processing, cost of
delivery from the enterprise to processing facility and vice versa, cost of
outsourcing processing.
– Historical cost of raw materials contributed to joint
venture or joint-stock companies is the cost which all parties involved in joint venture
approve.
c) The cost of raw materials inventory shall be calculated
according to one of following methods:
– Specific costing method;
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– First in, first out method.
The enterprise must apply the chosen method throughout the
accounting period.
d) The raw materials shall be specifically accounted according
to every inventory, type, group, materials item. In case the enterprise uses
the accounting cost in the recording of received or dispatched raw materials,
at the end of the period, the difference coefficient between actual cost and
accounting cost of the raw materials shall be determined according to following
formula:
Difference coefficient
between actual cost and accounting cost of raw materials
=
Beginning inventory cost
+
Cost of raw materials
purchased
Beginning inventory
accounting cost
…
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Accounting cost of raw
materials purchased
Cost of raw materials sold
=
Accounting cost of raw
materials sold
x
Difference coefficient
between actual cost and accounting cost of raw materials
dd) Raw materials not under ownership of the enterprise (raw
materials kept or materials received for processing or materials received from
the export-import trustor, etc) shall not be recorded to this account.
2. Structure and contents of account 152 – Raw materials
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Actual cost of raw materials purchased, hand-made
processed, outsourced, processed, received as contribution or received from
other sources;
– Cost of raw materials excess detected when conducting
physical inventory count;
– Transfer of actual cost of ending raw materials inventory
(if the enterprise uses periodic inventory system)
Credit:
– Actual cost of raw materials sold for production,
business, sale, outsourcing, or contribution as capital;
– Cost of raw materials returned to sellers or sales rebates
– Trade discount on raw materials purchased;
– Cost of raw materials detected lost when conducting
physical inventory count;
– Transfer of actual cost of beginning raw materials
inventory (if the enterprise uses periodic inventory system)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Actual cost of ending raw materials inventory.
3. Accounting methods for several major transactions:
3.1. Enterprise using perpetual inventory system.
a) When buying raw materials to add to inventory, according
to invoices, warehouse receipt and relevant documents recording received raw
materials cost:
– If input VAT is deductible, the following accounts shall
be recorded:
Dr 152 – Raw materials (cost without VAT)
Dr 133 – Deductible VAT (1331)
Cr 111, 112, 141, 331, etc. (total payment)
– If the input VAT is not deductible, cost of raw materials
shall include VAT.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When returning raw materials to sellers, the following
accounts shall be recorded:
Cr 331 – Trade payables
Cr 152 – Raw materials
Cr 133 – Deductible VAT
– In case the trade discount or sales discount is discounted
after buying raw materials (including fines for violations against economic
contracts leading a decrease in payment made by the purchaser), the trade
discount or sales discount shall be allocated according to the increase or
decrease in raw materials, inventoried raw materials, dispatched raw materials
for production or construction investment or consumed during a period:
Dr 111, 112, 331, etc.
Cr 152 – Raw materials (if raw materials are still
inventoried)
Cr 621, 623, 627, 154 (if raw materials are dispatched for
production)
Cr 241 – Works-in-progress (if raw materials are dispatched
for construction investment)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 641, 642 (raw materials used for sale or management)
Cr 133 – Deductible VAT (1331) (if any).
c) In case the enterprise has received sales invoices but
raw materials have not received in the enterprise’s stock, the sales invoices
shall be archived in a separate dossier “Goods in transit”.
– Within a month, if the raw materials have been received in
the enterprise’s stock, they shall be recorded to account 152 “Raw materials”
according to sales invoices and warehouse receipt.
– At the end of the month, if the raw materials have not
been received, they shall be accounted for temporary cost according to sales
invoices:
Dr 151 – Goods in transit
Dr 133 – Deductible VAT (1331)
Cr 331 – Trade payables; or
Cr 111, 112, 141, etc.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 152 – Raw materials
Cr 151 – Goods in transit
d) When make payments to sellers, if the enterprise
qualifies for payment discounts, those payment discounts shall be recorded to
financial income as follows:
Cr 331 – Trade payables
Cr 515 – Financial income (payment discounts).
dd) Imported raw materials:
– When importing raw materials, the following accounts shall
be recorded:
Dr 152 – Raw materials
Cr 331 – Trade payables
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3332 – Special excise duty (if any).
Cr 3333 – Import/export duty (detail).
Cr 33381 – Environmental protection tax.
– If input VAT on imported goods is deductible, the
following accounts shall be recorded:
Dr 133 – Deductible VAT
Cr 3331 – Deductible VAT (33312).
– When buying raw materials, if the seller is receive an
advance in foreign currencies, the cost of raw materials equivalent to the
advance shall be recorded according to actual exchange rates at the time in
which the advance is paid. The cost of raw materials not yet paid in foreign
currencies shall be recorded according to actual exchange rates at the time in
which the raw materials are purchased.
e) The expenditures on purchase, material handling, and
transport of raw materials to the enterprise’s stock shall be recorded as
follows:
Dr 152 – Raw materials
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, 141, 331, etc.
g) Regarding raw materials processed under outsourcing
agreement which is received in the enterprise’s stock:
– When dispatching raw materials to process, the following
accounts shall be recorded:
Dr 154 – Work in progress
Cr 152 – Raw materials.
– When incurring cost of outsourcing, the following accounts
shall be recorded:
Dr 154 – Work in progress
Dr 133 – Deductible VAT (1331) (if any).
Cr 111, 112, 131, 141, etc.
…
…
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 152 – Raw materials
Cr 154 – Work in progress
h) Hand-made raw materials which are received in stock:
– When dispatching raw materials for self-processing, the
following accounts shall be recorded:
Dr 154 – Work in progress
Cr 152 – Raw materials.
– When receiving handmade raw materials, the following
accounts shall be recorded:
Dr 152 – Raw materials
Cr 154 – Work in progress.
…
…
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 152 – Raw materials
Cr 338 – Other payable or receivables (3381).
– When there is a decision on settlement of raw materials in
excess detected under physical inventory count, the following accounts shall be
recorded:
Dr 338 – Other payable or receivables (3381)
Cr, relevant accounts.
– If the raw materials in surplus belong to other
enterprises and an increase in account 152 is not recorded, they shall not be
recorded to account 338 (3381) but the enterprise shall actively keep records
and state in the presentation of financial statements.
k) When dispatching raw materials for business, the
following accounts shall be recorded:
Dr 621, 623, 627, 641, 642, etc.
Cr 152 – Raw materials.
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 241 – Construction in progress
Cr 152 – Raw materials.
m) When contributing raw materials to subsidiaries,
joint-venture companies, the following accounts shall be recorded:
Dr 221, 22 (according to re-evaluated value)
Dr 811 – Other costs (re-evaluated value is smaller than
book value)
Cr 152 – Raw materials (according to book value)
Cr 711 – Other costs (re-evaluated value is greater than
book value)
n) When dispatching raw materials to sell capital holding in
subsidiaries, joint-venture companies, the following accounts shall be
recorded:
– The revenues from sale of raw materials and investment in
subsidiaries, joint-venture companies, and the following accounts shall be
recorded:
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 511 – Revenues from sale of merchandises and services
rendered
Cr 3331 – Output VAT payable.
– Cost prices of raw materials used for purchase of capital
contribution in subsidiaries, joint-venture companies shall be recorded as follows:
Dr 632 – Costs of goods sold
Cr 152 – Raw materials.
o) Raw materials in excess detected when conducting physical
inventory count:
Every case in which the shortage of raw materials in stock
or preservation is detected when conducting physical inventory count must be
make reports and uncover the reasons and offenders. According to reports on
physical inventory count and decision of competent agency, the accounting shall
be recorded as follow:
– If figures on ledger are error or are not updated, they are
required to be additionally provided or adjusted;
– If the cost of raw materials in deficiency is under
deficiency quotas, the following accounts shall be recorded:
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 152 – Raw materials.
– If the reasons for the deficiency or losses are uncovered
pending settlement, the following accounts shall be recorded:
Dr 138 – Other payable (1381—Assets in shortage awaiting
resolution)
Cr 152 – Raw materials.
– When there is a decision on settlement, the following
accounts shall be recorded:
Dr 111 – Cash (compensation of offenders)
Dr 138 – Other receivables (1388) (compensation of
offenders)
Dr 334 – Payables to employees (deducting salaries of
offenders)
Dr 632 – Costs of goods sold (remaining value of shortage of
raw materials which is included in the costs of goods sold)
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
p) Unused raw materials or waste:
– When liquidating or selling raw materials or waste, cost
prices shall be recorded as follows:
Dr 632 – Costs of goods sold
Cr 152 – Raw materials.
– Revenues from sale of raw materials or waste shall be
recorded as follows:
Dr 111, 112, 131.
Cr 511 – Revenues from sale of merchandises and services
rendered (5118)
Cr 333 – Taxes and other payables to the State.
3.2. Enterprises using periodic inventory system.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 611 – Purchases
Cr 152 – Raw materials.
b) At the ending of accounting period, according to physical
inventory count for ending raw materials inventory, the following accounts
shall be recorded:
Dr 152 – Raw materials
Dr 611 – Purchases
Article 26. Account 153 – Tools and
supplies
1. Rules for accounting
a) This account is used to record current value and
fluctuation of tools and supplies of the enterprise. Tools and supplies are
labor materials not satisfying requirements pertaining to value and use time
prescribed in regulations of fixed assets. Thus, tools and supplies shall be
managed and recorded similarly to raw materials or materials. According to
regulations in force, the following labor materials shall be recorded tools and
supplies if they fail to satisfy requirements for fixed assets:
– The scaffolding, formwork, tools, jigs used for
construction manufacturing;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Tools or supplies made of glass, porcelain, ceramic;
– Management facilities, office supplies;
– Clothing, footwear designed exclusively for work, etc.
b) Received dispatched or inventoried tools or supplies
recorded to account 153 shall apply original prices. Rules for determination of
original prices of received tools or supplies shall comply with regulations on
raw materials or materials (refer to account 152).
c) The value of inventoried tools or supplies shall be
calculated according to one of following three methods:
– First in – First out;
– Specific identification;
– Weight average.
d) Tools or supplies shall be accounted for according to
every inventory, type, and group, type of tools or supplies. Dispatched tools
or supplies for business or lease must be kept records of items and value
according to using place, lease entities and persons in charge of compensation.
The precious and worth tools or supplies must be preserved specially.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
e) In case the tools and supplies, reusable packaging
materials or instruments for renting related to business in several accounting
periods, they shall be recorded to account 242 “Prepaid expenses” and
allocated to production cost.
g) Accounting for tools and supplies related to transactions
in foreign currencies shall comply with regulations of Article 69 – Guidelines
for accounting method for exchange rate differences.
2. Structure and contents of account 153 – Tools and supplies
Debit:
– Actual cost of received tools and supplies purchase,
handmade, outsourced, or contributed as capital;
– Cost of received tools and supplies for lease;
– Actual cost of tools and supplies in excess detected when
conducting physical inventory count;
– Transfer of actual cost of ending tools and supplies
inventory (if the enterprise uses periodic inventory system)
Credit:
…
…
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Trade discounts on tools and supplies purchased;
– Cost of tools and supplies returned to sellers or tools
and supplies eligible for discounts;
– Cost of tools and supplies in deficiency detected when
conducting physical inventory count;
– Transfer of actual cost of beginning tools and supplies
inventory (if the enterprise uses periodic inventory system)
Debit balance: Actual cost of tools and supplies inventory.
Account 153 – Tools and supplies, comprises 4 sub-accounts:
– Account 1531 – Tools and supplies: recording current cost and decrease
or increase in tools and supplies.
– Account 1532 – Reusable packaging materials: recording current cost and
decrease or increase in circulated packages used for business Reusable
packaging materials is packaging designed for multiple reusability in business
cycle. The cost of dispatched reusable packaging materials shall be allocated
to production cost of multiple accounting periods.
– Account 1533 – Instruments for renting: recording current cost and decrease
or increase in tools and supplies for renting. Only tools and supplies
purchased for renting are recorded to this account, if not, they shall be
recorded to account 1531. If those are used for enterprise’ operation, they
shall be both recorded to an account and a sub-account.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3. Accounting methods for several major transactions:
3.1. Enterprise using perpetual inventory system.
a) When buying tools and supplies to add to stock, if the
input VAT is deductible, the cost of tools and supplies shall be recorded
according to the VAT-exclusive prices, the following accounts shall be recorded
according to invoices, warehouse receipts and relevant documents:
Dr 153 – Tools and supplies (VAT-exclusive prices)
Dr 133 – Deductible VAT (input VAT) (1331)
Cr 111, 112, 141, 331, etc. (total payment).
If the input VAT is not deductible, cost of input tools and
supplies shall include VAT.
b) In case the trade discounts or sales rebates are received
after buying tools and supplies (including fines for violations against
economic contracts leading decrease in payment made by the purchaser), those
discounts shall be allocated according to decrease or increase in tools and
supplies (inventoried or dispatched tools and supplies for operation):
Dr 111, 112, 331, etc.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 154 – Work in progress (if those tools and supplies are
dispatched for operation)
Cr 641, 642 (if those tools and supplies are dispatched for
sale or enterprise management)
Cr 242 – Prepaid expenses (if they are gradually allocated)
Cr 632 – Costs of goods sold (if the product in which those
raw materials are incorporated is determined in an accounting period)
Cr 133 – Deductible VAT (1331) (if any).
c) When returning tools and supplies sold to sellers, the
following accounts shall be recorded:
Cr 331 – Trade payables
Cr 153 – Tools and supplies (cost of returned tools and
supplies)
Cr 133 – Deductible VAT (if any) (input VAT on tools and
supplies returned to sellers).
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…
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 331 – Trade payables
Cr 515 – Financial income.
dd) When dispatching tools and supplies for operation:
– If costs of tools and supplies, reusable packaging
materials, instruments for renting relate to an accounting period, they shall
be wholly recorded to operating expenses as follows:
Dr 623, 627, 641, 642
Cr 153 – Tools and supplies (1531, 1532).
– If costs of tools and supplies, reusable packaging
materials, instruments for renting relate to more than one accounting period,
they shall be gradually recorded to operating expenses as follows:
When dispatching tools and supplies, reusable packaging
materials or instruments for renting, the following accounts shall be recorded:
Dr 242 – Prepaid expenses
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ When distributing to costs of operation for every
accounting period, the following accounts shall be recorded:
Dr 623, 627, 641,642, etc.
Cr 242 – Prepaid expenses.
– Revenues from tools and supplies for renting shall be
recorded as follows:
Dr 111, 112, 131, etc.
Cr 511 – Revenues from sale of merchandises and services
rendered (5113)
Cr 3331 – Deductible VAT (33311).
– When receiving tools and supplies for renting, the
following accounts shall be recorded:
Dr 153 – Tools and supplies (1533)
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…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
g) Imported tools and supplies:
– When importing tools and supplies, the following accounts
shall be recorded:
Dr 153 – Tools and supplies
Cr 331 – Trade payables
Cr 3331 – Deductible VAT (33312) (if input VAT on imported
goods are not deductible)
Cr 3332 – Special excise duty (if any).
Cr 3333 – Import/export duty (detail on import duty).
Cr 33381 – Environmental protection tax.
– If input VAT on imported goods is deductible, the
following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – Deductible VAT (33312).
– When buying tools and supplies, if the seller is received
an advance in foreign currencies, the cost of tools and supplies equivalent to
the advance shall be recorded according to actual exchange rates at the time in
which the advance is paid. The remaining cost of tools and supplies shall be
recorded according to actual exchange rates at the time in which the tools and
supplies are purchased.
h) When conducting physical inventory count, if it is
detected that the tools and supplies are excess, deficient, lost or damaged,
they shall be settled similarly to raw materials (refer to account 152).
i) Unused tools and supplies:
– When liquidating or selling tools and supplies, their
costs shall be recorded as follows:
Dr 632 – Costs of goods sold
Cr 153 – Tools and supplies.
– Revenues from sale of tools and supplies shall be recorded
as follows:
Dr 111, 112, 131.
…
…
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 333 – Taxes and other payables to the State.
3.2. Enterprises using periodic inventory system.
a) At the beginning of accounting period, when transferring
actual costs of beginning tools and supplies inventory, the following accounts
shall be recorded:
Dr 611 – Purchases
Cr 153 – Tools and supplies.
b) At the ending of accounting period, according to physical
inventory count for ending tools and supplies inventory, the following accounts
shall be recorded:
Dr 153 – Tools and supplies
Cr 611 – Purchases.
Article 27. Account 154 – Work in
progress
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) This account is used to record general operating costs to
calculate prime costs of products or services in enterprises applying perpetual
inventory system. In the enterprises
applying perpetual inventory system, the account 154 is used to record actual
costs of ending work in progress.
b) Account 154 “Work in progress” records operating costs
incurred in an accounting period; operating costs of finished goods in an
accounting period; beginning or ending work in progress of the main or
secondary operation and outsourcing processing provided by manufacturers or
service providers. This account also records operating costs of processing
operation, or services rendered by commercial enterprises (if any).
c) The operating costs recorded to 154 shall be clarified
according to places in which the costs incurred (workshops, production
divisions, production groups, construction sites, etc); types, groups of
products, or product parts; types of services or service stages.
d) Operating costs recorded to account 154 shall include
following costs:
– Direct raw materials cost;
– Direct labor cost;
– Costs of construction machinery (construction contracts);
– Factory overhead.
dd) The raw materials or labor costs exceed the normal rate
and non-allocated fixed operating cost shall not be recorded to inventory cost
but recorded to costs of goods sold of an accounting period.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
g) The following costs shall not be recorded to account 154:
– Selling expenses;
– General administration expenses;
– Financial expenses;
– Other expenses;
– Corporate income tax;
– Non-business expenses, project expenses;
– Capital expenditure;
– Other expenses covered by other sources
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) Account 154 – “Work in progress” applying to industry is
used to collect production costs and calculate prime cost of workshops,
production divisions. Regarding manufacturers using outsourcing for processing,
labor, services or manufacturing, those costs are also recorded to account 154.
b) Only following costs shall be recorded to account 154:
– Direct raw materials cost for manufacture of products;
– Direct labor cost for manufacture of products;
– Factory overhead for direct manufacture of products.
c) In industrial enterprises, the account 154 shall be
specifically recorded according to places in which the costs incurred
(workshops, the production divisions), types or groups of products, products,
or product parts.
d) Regarding manufacturers using outsourcing for processing,
labor, services or manufacturing, those costs shall be recorded to account 154.
3. Method for applying account 154 in agriculture
a) Account 154 – “Work in progress” applying to industry is
used to collect total production costs and calculate prime cost of cultivation,
processing of agricultural products or services. This account shall be
specifically recorded according to agricultural lines of business (cultivation,
animal husbandry, processing, etc), places in which costs incurred (workshops,
production divisions, etc), kinds of sapling and products or services.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) In cultivation, the costs shall be recorded according to
3 following plants:
– Short-day crops (rice, potatoes, cassava, etc);
– Multi-harvesting single plant (pineapples, bananas, etc);
– Perennial plants (teas, coffees, rubbers, peppers, fruit
plants, etc).
For crops harvested two or three times in a year, or
harvested one time in two years, or crops having both new planting and plant
care in the same year,…the costs between two continuous crops, two areas, two
continuous years,…shall be recorded according to actual condition,…
d) The expenses incurred from land reclamation, planting and
caring of perennial plants under capital investment, selling expenses,
administrative expenses, financial activities or other expenses.
dd) In principle, production costs of agriculture shall be
recorded to Dr 154 “Work in progress” according to every expense object.
Regarding the costs related to multiple recording entities, multiple crops or
multiple periods, it shall be recorded to separate accounts, then recorded to
prime cost of relevant products: cost of irrigation water, the cost of land
preparation and planting of crops harvested several times (this cost does not
belong to capital expenditure), etc.
e) On the same acreage, if two or more
short-term crops are intercropped, the costs incurred directly related to (such
as seeds, cost of planting, harvesting, …), costs incurred for several crops
(cost plowing, irrigation, …) shall be separately collected and allocated to
every kind of plant according to their planting area or appropriate criteria.
d) Regarding perennial plants, the
progress from tillage, sowing, plant care to the onset of production
(harvesting or bearing) shall be recorded to account 241 “Construction in
progress” similarly to capital investment in requisition of fixed asset. Expenses incurred from perennial
gardens during the operation shall include expenses incurred from plant care or
harvesting process.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The expenses incurred from animal husbandry must be kept
records in details for every type of husbandry (cattle farming, pig farming,
etc), for every group or every type of livestock and poultry;
– Young animals of basic livestock herd after maternal
separation shall be kept records in details according to actual price; – Basic
animals which are eliminated to be converted into large livestock, fattening
animal shall be recorded to account 154 according to the remaining value of
basic livestock;
– Cost prices in the animal husbandry are: 1 kg of milk, 1
standard calf, 1 kg of meat prices, the price of 1 kg of meat, the price of 1
day/ animal husbandry, etc.
i) The direct material costs, labor costs in excess of
normal rate, and fixed factory overheads which are unallocated, shall not be
charged to product cost, but be charged to cost of goods sold of the accounting
period.
4. Method for applying account 154 in services
a) Account 154 “Work in progress” shall
apply to service providers, such as: transport, post office, tourism, services,
etc. This account
is used to record total cost (direct raw materials, direct labor, and factory
overheads) and prime cost of the service rendered.
b) Regarding transport industry, this account is used to
record cost related to road transport (motorcars, trams, other non-motorized
vehicle, etc. rail transport, waterway, aerial transport, pipeline
transport, etc. Account 154 applying to transport sector must be kept
records in details for every operation (passenger transport, freight transport,
etc) Regarding every enterprise or service division.
c) During transport progress, the tires shall be replaced
several times because they are worn out more quickly than the depreciation of
the car, however, the value of the tires shall be depreciated steadily in every
month instead of including in the cost of transport at once. Therefore,
the vehicular transport enterprise may appropriate cost of tires to transport
cost (payables) as prescribed in financial regime in force every month.
d) The direct material costs, labor costs in excess of
normal rate, and fixed factory overheads which are unallocated, shall not be
charged to product cost, but be charged to cost of goods sold of the accounting
period.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
e) In the hotel business, the account 154 is used to record
every type of service, such as: eating, drinking, accommodation, entertainment,
other services (laundry, haircuts, telegram, sports, etc).
5. Method for applying account 154 in construction industry
a) Because the construction business only applies perpetual
inventory system, not periodic inventory system, so that the account 154 is
only used to record operating expenses used for determination of products or
services of the construction enterprise.
b) The direct material costs, labor costs in excess of
normal rate, and fixed factory overheads which are unallocated, shall not be
charged to cost of building work, but be charged to cost of goods sold of the
accounting period.
c) This account (in the construction industry) comprises 4
sub-accounts:
– Account 1541 – Construction: records costs, prime cost of
construction products and value of construction in progress at the end of the
period;
– Account 1542 – Other products: records costs, prime cost of other
products and record value of other products in progress at the end of the
period (finished goods, structural elements, etc);
– Account 1543 – Services: records costs, prime cost of
services and record cost of service in progress at the end of the period;
– Account 1544 – Construction warranty costs: records expenses incurred from
construction warranty and actual installation arising in the period and the
value of construction in progress under warranty at the end of the period.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Materials cost;
– Labor cost;
– Costs of construction machinery;
– Overheads.
The factory overheads shall be recorded to Dr 1541
“Construction”: only include general costs incurred from the construction
contractor or construction site. And the general administration cost of
construction enterprise (as a part of overheads) shall be recorded to Dr 642
“General administration expenses “. Those expenses shall be
transferred to Dr 911 “Income statement” and included in the prime cost of the
construction product and sold during a period.
dd) The investor of the property construction shall use this
account to record expenses incurred from construction of finished property. If
the property is constructed for multiple purposes (office, lease or sale, for
example mix-used buildings), it is required to follow rules below:
– If there are sufficient evidence for separate accounting
or the portion of expenses incurred from property construction for sale
(finished property) and expenses incurred from property construction for lease
or office (fixed assets or investment property), the expenses incurred from
construction of finished property shall be separately recorded to the account
154. The expenses incurred from construction of fixed assets or investment property
shall be separately recorded to account 241 – Construction in progress.
– If the account is not recorded separately or the
proportion of construction costs for components of finished property, fixed
assets or property investments are determined, the costs incurred directly
related to the investment construction shall be recorded to account 241. When
the project is completed and put into use, the costs of construction investment
shall be transferred in conformity with the nature of each asset according to
the method of use of the asset.
6. Structure and contents of account 154 – Work in progress
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Direct raw materials costs, direct labor costs, costs of
construction machinery, factory overheads incurred in an accounting period
which is related to manufacture of products and costs of services rendered;
– Direct raw materials costs, direct labor costs, costs of
construction machinery, factory overheads incurred in an accounting period
which is related to prime cost of internal fixed price;
– Transfer of ending work in progress (if the enterprise
uses periodic inventory system).
Credit:
– Actual costs of manufactured products which are stocked
transferred for sale, internal use or immediate use in capital investment;
– Cost prices of construction products finished and
partially or completely transferred which are consumed during a period, or
transferred to main construction contract unit (superior or internal contract
unit), or cost price of finished construction products to be consumed.
– Actual expenses of services finished and provided for
customers;
– Value of returned scraps, value of damaged products which
are not repairable;
– Value of raw materials, materials, goods which are
completely processed and returned to warehouse;
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Transferring work in process at beginning of period (in
case business applies periodical inventory).
Debit balance: Ending work in progress.
7. Method of accounting for several major transactions in
Industry sector
7.1. Accounting for inventory using perpetual inventory system
a) At the end of period, when transferring direct raw
material expenses according to every expense object, the following accounts
shall be recorded:
Dr 154 – Work in progress
Dr 632 – Costs of goods sold (portion of direct material
costs in excess of normal rate)
Cr 621 – Direct raw materials.
b) At the end of period, when transferring direct labor
costs according to every expense object, the following accounts shall be
recorded:
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Costs of goods sold (portion of direct labor costs
in excess of normal rate)
Cr 622 – Direct labor costs.
c) In case actual product capacity is higher than or equal
to normal capacity, at end of accounting period, computed, total factory overheads
(including variable factory overheads and fixed factory overheads) shall be
calculated, allocated and transferred according to every expense object, and
the following accounts shall be recorded:
Dr 154 – Work in progress
Cr 627 – Factory overheads.
d) In case actual product capacity is lower than normal
capacity, fixed factory overheads shall be calculated and allocated to
processing cost per unit of product at the normal capacity. Unallocated
factory overheads (positive deference between actual fixed factory overheads
and fixed factory overheads charged to prime cost of product shall not be
charged to prime cost of product) shall be recorded to costs of goods sold
during a period as follows:
Dr 154 – Work in progress
Dr 632 – Costs of goods sold (portion of fixed factory
overheads unallocated to prime cost of product)
Cr 627- – Factory overheads.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 152 – Raw materials
Cr 154 – Work in progress
e) Value of unrepairable damaged products which was
compensated by offender, the following accounts shall be recorded:
Dr 138 – Other receivables (1388)
Dr 334 – Payables to employees.
Cr 154 – Work in progress
g) In an enterprise having long production and trade cycle,
and direct material costs, direct labor costs, and factory overheads were
transferred to Account 154 during an accounting period, then, the portion of
direct material costs of direct labor costs in excess of normal rates, and
portion of fixed factory overheads not charged to prime cost of product (not
charged to value of inventory) shall be determined and recorded to costs of
goods sold in the accounting period as follows:
Dr 632 – Costs of goods sold
Cr 154 – Work in progress (when expenses are transferred
from accounts 621, 622, 627 to account 154).
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 155 – Finished goods
Cr 154 – Work in progress
i) In case finished goods are not stored but delivered for
internal use or capital investment, the following accounts shall be recorded:
Dr 641, 642, 241
Cr 154 – Work in progress
k) After dispatching raw materials to production, if any
trade discount or sales rebate (including fines for violations against business
contracts leading a decrease in payment of the purchaser) on such raw materials
is received, a decrease in work in progress pertaining to trade discount or
sales rebate corresponding to dispatched raw materials shall be recorded as
follows:
Dr 111, 112, 331, etc.
Cr 154 – Work in progress (trade discounts or sales obtained
equivalently to dispatched raw materials)
Cr 133 – Deductible VAT (1331) (if any).
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Production cost of experimental products shall be recorded
to account 154 similarly to other products. When recovering (sale or
liquidation) experimental products, the following accounts shall be recorded:
Dr 111, 112, 131
Cr 154 – Work in progress
Cr 3331 – VAT payables (if any).
– Transferring difference between experimental production
cost and amounts collected from sale or liquidation of experimental products:
+ If the experimental production cost is greater than the
amounts collected from sale or liquidation of experimental products, an
increase in value of construction asset shall be recorded as follows:
Dr 241 – Construction in progress
Cr 154 – Work in progress
+ If the experimental production cost is smaller than the
amounts collected from sale or liquidation of experimental products, a decrease
in value of construction asset shall be recorded as follows:
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 241 – Construction in progress
m) In case finished goods are not stored but delivered
directly to purchaser (water, electricity products), the following accounts
shall be recorded:
Dr 632 – Costs of goods sold
Cr 154 – Work in progress
7.2. Accounting for inventory using
periodic inventory system:
a) At the end of the accounting period,
according to the actual physical inventory count, the actual value of work in
progress shall be determined and transferred as follows:
Dr 154 – Work in progress
Cr 631 – Production costs
b) At the beginning of accounting
period, when transferring actual work in progress, the following accounts shall
be recorded:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 154 – Work in progress
8. Method of accounting for several major transactions in
Agriculture sector
8.1. Accounting for inventory using
perpetual inventory system
a) At the end of accounting period, direct material costs
shall be calculated and transferred according to operating expense object as
follows:
Dr 154 – Work in progress
Dr 632 – Costs of goods sold (portion of direct material
costs in excess of normal rate)
Cr 621 – Direct raw materials.
b) At the end of accounting period, direct labor costs shall
be calculated and transferred according to expense object as follows:
Dr 154 – Work in progress
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 622 – Direct labor costs.
c) At the end of accounting period, factory overheads shall
be calculated and transferred according to expense object as follows:
Dr 154 – Work in progress
Dr 632 – Costs of goods sold (portion of fixed factory
overheads unallocated to prime cost of product)
Cr 627 – Factory overheads.
d) Value of returned subsidiary products shall be recorded
as follows:
Dr 152 – Raw materials
Cr 154 – Work in progress
dd) Value of returned scraps, of raw materials and trade
expenses outsourcing, and have been completely processed, returned to
storehouse shall be recorded as follows:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 154 – Work in progress
e) Value of young domestic animals and raised domestic
animals transferred to working animals or reproductive animals shall be
recorded as follows:
Dr 211 – Tangible fixed asset (2116)
Cr 154 – Work in progress
g) Actual production cost of output products, stored or
immediately consumed shall be recorded as follows:
Dr 155 – Finished goods
Dr 632 – Costs of goods sold
Cr 154 – Work in progress
h) Output products which are internally
consumed without inventory shall be recorded as follows:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 154 – Work in progress
8.2. Accounting for inventory using
periodic inventory system:
Accounting method for severed major trade activities at
Account 154 in Agriculture is similar to that of Industry.
9. Method of accounting for several major transactions in
Services sector
Accounting method for severed major trade activities at
Account 154 in Services is similar to that of Industry. Notes:
a) Actual cost of service which is completed, transferred to
purchased and determined as sale during a period shall be transferred as
follows:
Dr 632 – Costs of goods sold
Cr 154 – Work in progress
b) When using internal consumes service, the following
accounts shall be recorded:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 154 – Work in progress
10. Method of accounting for several major transactions in
Construction sector
10.1. Accounting method for collecting construction expenses
(Dr 1541 “Construction”):
a) Accounting for items of direct raw materials:
– Items of direct raw materials consist of: Actual value of
main materials, subsidiary materials, component parts on dismantled parts,
circulating materials participating in formation of construction product
substances, or support for implementation and performance of construction
volume (not including subsidiary materials for machinery and operation
facilities, and main materials expenses included in factory overheads).
– Accounting rules for items of direct raw materials: Raw
materials or materials used for some work items must be charged directly to
those work items according to original documents with actual volume of used
materials, and with actual delivery price (weighted average price, FIFO price,
and specific identification).
– At the end of accounting period or when construction is
completed, residual materials inventory at production site (if any) shall be
undergone physical inventory count to record as a decrease in costs of direct
materials delivered for use in construction.
– If direct material costs for each building work or work
item is not feasible to calculate in actual conditions, then the enterprise may
apply material allocation method for consumed objects with reasonable criteria
for (in proportion to consume quota on raw materials, etc).
– According to Table of materials allocated for each
building work or work item, the following accounts shall be recorded:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Costs of goods sold (direct material costs in
excess of normal rate)
Cr 621 – Direct raw materials.
b) Accounting for direct labor costs: similar to Industry
sector
c) Accounting for costs of construction machinery
– Costs of construction machinery shall include: Expenses
incurred from machinery operation to perform construction volume by machine.
Operating machinery is a kind of machine served directly for construction. Such
as, machinery operated by hydro steam engine, diesel, and petrol and by
electricity, etc. (including kinds of machine served for construction and
assembly).
– Expenses of machinery operation consist of permanent
expenses and temporary expenses. Permanent expenses for operation of machinery
consist of: Expenses of labor handling machine, serving machine, etc; expenses
of materials, of instruments and tools; depreciation expenses of fixed assets,
expenses of outsourced services (small repairs, electricity and water expenses,
trucks and machine expenses, etc); other expenses in cash.
– Temporary expenses for operation of machinery consist of:
Expenses for great repairs of operating machine (maintenance overhaul, repairs
of medium importance, etc) which are not eligible for recording as an increase
in historical cost of operating machine; expenses for temporary works for operating
machine (huts, sheds, platform, railway for machines). Temporary expenses of
machine may incur in advance (debited Account 142 or Account 242), and they
will be deferred to Account 623 “Operating machine expenses”, or incurred
later, but they must be charged in advance to construction expenses during a
period (because they relate to actual use of operating machines during the
period). In this case it is necessary to accrue expenses, Cr 332
“Provisions”, Dr 623 “Costs of construction machinery”.
– Expenses summary and calculation of costs of construction
machinery must be separately recorded for each operating machine (see guidance
on Account 623 “Costs of construction machinery”).
– According to Table of costs of construction machinery
(actual expenses of machine shift) for every building work or work item, the
following accounts shall be recorded:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Costs of goods sold (costs in excess of normal
rate)
Cr 623 – Costs of construction machinery.
d) Accounting for factory overheads:
– Factory overheads record production costs of construction
team or work sites, including: salaries of factory management staff, of
construction teams and groups, social insurance and health insurance
appropriation and trade union fees appropriation will be computed with
regulated proportion on salaries payables for construction direct workers,
operating machine operators, and management staffs of factories, teams and
groups; fixed assets depreciation used for total activities of teams, and other
related expenses of team activities, etc.
When these expenses incur during a period, the following
accounts shall be recorded:
Dr 627 – Factory overheads.
Dr 133 – Deductible VAT (if any).
Cr 111, 112, 152, 153, 214, 242, 334, 338, etc.
– When determining provisions for construction warranty, the
following accounts shall be recorded:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 352 – Provisions.
– When incurring expenses incurred from repair and warranty
of the construction, such as expenses incurred from direct raw materials,
direct labor costs, costs of construction machinery, factory overheads, these
expenses shall be recorded to relevant accounts, the following accounts shall
be recorded:
Dr 621 – Direct raw materials.
Dr 622 – Direct labor costs.
Dr 623 – Costs of construction machinery.
Dr 627 – Factory overheads.
Dr 133 – Deductible VAT (if any).
Cr 111, 112, 152, 153, 214, 242, 334, 338, etc.
– At the end of the period, actual expenses incurred from
direct raw materials, direct labor costs, costs of construction machinery,
factory overheads related to repair and warranty of construction to record
expenses incurred from repair and warranty and calculate prime cost of
warranty, the following accounts shall be recorded:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 621 – Direct raw materials.
Cr 622 – Direct labor costs.
Cr 623 – Costs of construction machinery.
Cr 627 – Factory overheads.
– When finishing repair or warranty of the construction and
transferring them to customers, the following accounts shall be recorded:
Dr 352 – Provisions.
Cr 154 – Work in progress
– When warranty on construction works expires, if the works
are not warranted or the provisions for construction work warranty are greater
than the actual costs incurred, the difference must be reverted, and then the
following accounts shall be recorded:
Dr 352 – Provisions.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– At the end of the accounting period, according to the
Table of factory overheads allocation, the factory overheads shall be allocated
and transferred to relevant building works or work items (equivalent to labor
costs); the following accounts shall be recorded:
Dr 154 – Work in progress
Dr 632 – Costs of goods sold (portion of fixed factory
overheads unallocated to prime cost of construction)
Cr 627 – Factory overheads.
10.2. Method of accounting for and transferring construction
expenses (Cr 1541 “Construction”):
a) Unrecoverable cost of the contract cannot be recovered
(e.g., not enough legal enforcement such as there is doubts about its validity,
or the contract that the customers cannot fulfill their obligations …) must
be recorded to expenses during the period as follows:
Dr 632 – Costs of goods sold
Cr 154 – Work in progress
b) Expenses directly related to every contract may be
eligible for deduction if other receipts not including in the revenue of the
contract. For example: receipts from sale of raw materials in surplus and
disposal of machinery or equipment when terminating the construction contract:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 152 – Direct raw materials (according to original cost)
Cr 154 – Work in progress.
– When recovering scrap then delivering them to inventory,
the following accounts shall be recorded:
Dr 152 – Direct raw materials (according to recoverable
cost)
Cr 154 – Work in progress.
– If the materials in surplus and recovered scrap which are
sold without delivered to inventory, receipts from materials in surplus and scrap
and a decrease in expenses shall be recorded as follows:
Dr 111, 112, 131, etc. (total payment)
Cr 3331 – VAT payable (33311)
Cr 154 – Work in progress.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ The receipts from disposal of machinery or equipment shall
be recorded as follows:
Dr 111, 112, 131, etc.
Cr 3331 – VAT payable (33311)
Cr 154 – Work in progress.
+ The expenses incurred from disposal of machinery or
equipment (if any) shall be recorded as follows:
Dr 154 – Work in progress
Dr 133 – Deductible VAT (1331).
Cr 111, 112, etc.
+ A decrease in fully depreciated fixed assets which are
special machinery or equipment shall be recorded as follows:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 211 – Tangible fixed asset.
c) At the end of the accounting period, according to cost
price of construction product actually finished and identified to be sold
(partly transfer or completely transfer to project management board – Party A),
or transferred to internal main contract business:
– In case transferring to Party A (including transfer of
finished construction volume according to internal contract, if contract unit
has separate account division), the following accounts shall be recorded:
Dr 632 – Costs of goods sold
Cr 154 – Work in progress (1541).
– In case construction product is finished to be sold
(constructing houses for sales,…), or construction products finished but are
not yet transferred, according to cost price of finished construction product
to be sold, the following accounts shall be recorded:
Dr 155 – Finished goods
Cr 154 – Work in progress (1541).
– In case transferring finished construction product to main
construction contract unit (superior, or internal unit – when implementing
internal construction contract, contract unit has separate account division but
only adjust account up to costs of construction production), the following
accounts shall be recorded:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 154 – Work in progress (1541).
Article 28. Account 155 – Finished
goods inventory
1. Rules for accounting
a) This account is used to record current cost and decrease
or increase in finished goods of the enterprise. Finished goods inventory are
products which have been completely processed through manufacturing process of
manufactured business, or products completely outsourced and verified as
compliance with technical standards and stored.
In the transactions in export entrustment, this account is
only used by trustor, not by trustee
b) The finished goods manufactured by direct production
divisions and indirect production divisions of the enterprise must be evaluated
according to prime cost, including: direct raw materials cost, direct labor
cost, factory overhead and direct relevant costs related to manufacture of
products.
– Variable factory overhead shall be wholly allocated to
processing cost of each product unit according to actual cost incurred within
an accounting period.
– Fixed factory overhead shall be allocated to processing
cost of each product unit according to common capacity of manufacturing
machinery and equipment. Common capacity means common volume of products
manufactured in the normal manufacturing condition.
– If the actual capacity is greater than common capacity,
the fixed factory overhead shall be allocated to each unit according to actual
costs incurred.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) The following costs shall not be recorded to prime costs
of finished goods:
– Costs of raw materials, labor and other operating costs
incurred exceeding normal rates;
– Cost of preservation of inventory deducted from cost of
preservation of inventory for next manufacturing process and preservation cost
as prescribed in Accounting standard “Inventory”;
– Selling expenses;
– General administration expenses;
d) Finished goods processed under outsourcing agreement
shall be evaluated according to actual prime cost of processing, including:
direct raw materials cost, outsourcing cost and other costs related to
outsourcing process.
dd) The cost of finished goods inventory shall be calculated
according to one of following method: specific identification; weight average;
or first in – first out.
e) In case the enterprise uses the periodic inventory
system, the finished goods which are received and dispatched inventory shall be
recorded daily according to accounting cost (may be planned prime cost or
regulated inventory cost). At the end of the month, the actual prime cost of
inventoried finished goods must be calculated and difference between actual
prime cost and accounting cost of finished goods (including the difference of
beginning finished goods) which is the basis for calculation of actual prime
cost of received or dispatched finished goods within an accounting period
(using the formula prescribed in account 152 “Raw materials”).
g) The finished goods shall be specifically accounted
according to every inventory, type, group, finished good items.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit:
– Cost of inventoried finished goods;
– Cost of finished goods in surplus under physical inventory
count;
– Transfer of cost of ending finished goods inventory (if
the enterprise uses periodic inventory system)
Credit:
– Actual cost of dispatched finished goods;
– Cost of finished goods in shortage under physical
inventory count;
– Transfer of actual cost of beginning finished goods
inventory (if the enterprise uses periodic inventory system)
Debit balance: Actual cost of ending finished goods inventory.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Account 1551 – Inventoried finished goods: recording
current cost and decrease or increase in inventoried finished goods (other than
finished goods which are real estate);
– Account 1557 – Finished goods – property: recording
current cost and decrease or increase in Finished goods – property of the
enterprise.
Finished goods – property include: land use rights; housing; or housing and
land use rights; infrastructure invested for the ordinary course of business
3. Accounting methods for several major transactions:
3.1. Enterprise using perpetual inventory system.
3.1.1. When receiving finished goods manufactured by the
enterprise or under outsourcing agreement, the following accounts shall be
recorded:
Dr 155 – Finished goods
Cr 154 – Work in progress.
3.1.2. When dispatching finished goods for sale to
customers, the costs of finished goods sold shall be recorded as follows:
a) Finished goods – non-real estate
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 155 – Finished goods
b) Finished goods – property (for building work invested by
the enterprise)
b1) Original prices of Finished goods – property shall
include total costs directly related to investment in construction of real
estate (including costs of construction of infrastructure associated with the
real estate) making the real estate available for sale.
b2) Costs related to investment in construction of real estate
must be incurred costs which obtain acceptance report.
b3) In case the enterprise has not compiled documents on
costs related to investment of construction of real estate, but the revenues
from sale of the real estate generated, the enterprise may extract a portion of
the cost to provisionally calculate costs of goods sold. When the documents are
sufficiently compiled or the real estate is constructed wholly, the enterprise
must settle total costs which are accrued from costs of goods sold The positive
difference between accrued cost in advance and actually incurred cost shall be
recorded as a decrease in costs of goods sold during the accounting period
subject to settlement.
b4) The advanced costs deducted for provisional costs of
Finished goods – property must follow the rules below:
– The enterprise may only accrue an advance of costs stated
in the estimates for investment in construction, but there are not enough
documents for acceptance and specific presentation of reasons, accrued expenses
incurred from every work item within an accounting period.
-The enterprise may only accrue costs to calculate
provisionally costs of goods sold for finished real estate, which is sold
within an accounting period and qualify for recording revenues as prescribed in
this Circular.
– Provisional accrued expenses and actual cost incurred
shall be recorded to costs of goods sold provided that they are equivalent to
quota of cost according to total estimate cost of the portion of real estate
which is sold (defined by area).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When selling the portion of finished goods, the following
accounts shall be recorded:
Dr 632 – Costs of goods sold
Cr 155 – Finished goods
– When extracting costs to provisionally calculate costs of
Finished goods – property sold within an accounting period, the following
accounts shall be recorded:
Dr 632 – Costs of goods sold
Cr 335 – Expenses payable.
– The actual cost of investment in construction incurred
which have sufficient and accepted documents shall be compiled to calculate
cost of investment in construction of real estate, the following accounts shall
be recorded:
Dr 154 – Work in progress
Dr 133 – Deductible VAT
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When there are sufficient documents proved prepaid
expenses incurred actually, decreases in prepaid expenses and work in progress
shall be recorded as follows:
Dr 335 – Expenses payable.
Cr 154 – Work in progress.
– When the whole project for real estate finishes, the final
settlement must be made and a decrease in remaining prepaid expenses (if any)
shall be recorded as follows:
Dr 335 – Expenses payable.
Cr 154 – Work in progress.
Cr 632 – Costs of goods sold (the remaining prepaid expenses
must be greater than actual expenses incurred).
3.1.3. When dispatching finished goods for sale or agencies,
the following accounts shall be recorded:
Dr 157 – Consignment goods (through agencies)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.1.4. When a buyer returns finished goods sold: If the
returned goods subject to VAT using credit-invoice method, revenues from goods
returned (VAT-exclusive prices), and the following accounts shall be recorded:
Dr 521 – Revenue deductions (5213)
Dr 3331 – VAT payable (33311).
Cr 111, 112, 131, etc. (total cost of goods returned).
And the costs of finished goods sold which are delivered to
inventory shall be recorded as follows:
Dr 155 – Finished goods
Cr 632 – Costs of goods sold.
3.1.5. Internal consumer goods shall be recorded as follows:
Dr 641, 642, 241, 211
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.1.6. Dispatching finished goods and transferring to
dependent accounting units of the enterprise:
– In case the dependent accounting units are in charge of
recording revenues, costs of goods, the costs of finished goods sold shall be
recorded as follows:
Dr 632 – Costs of goods sold
Cr 155 – Finished goods
– In case the dependent accounting unit is not in charge of
recording revenues, costs of goods, the costs of products circulated
intra-company shall be intra-company receivables and be recorded as follows:
Dr 136 – Intra-company receivables
Cr 155 – Finished goods
Cr 333 – Taxes and other payables to the State (in detail).
3.1.7 When contributing finished goods to subsidiaries,
joint-venture companies as capital, the following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 811 – Other expenses (re-evaluated value is smaller than
book value of finished goods)
Cr 155 – Finished goods
Cr 711 – Other incomes (re-evaluated value is greater than
book value of finished goods)
3.1.8 When dispatching finished goods to sell capital
holding in subsidiaries, joint-venture companies, the following accounts shall
be recorded:
– The revenues from sale of raw materials and investment in
subsidiaries, joint-venture companies, and the following accounts shall be
recorded:
Dr 221, 222 (according to fair value)
Cr 511- – Revenues
Cr 3331 – Output VAT payable.
– The costs of finished goods to sell capital holding in
subsidiaries, joint-venture companies shall be recorded as follows:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 155- – Finished goods
3.1.9 Whenever the surplus or shortage of finished goods is
detected under physical inventory count, it is required to make report and
uncover reasons and look for offender(s). According to reports on physical
inventory count and decision of competent agency, the accounting shall be
recorded as follow:
– If the surplus or shortage of finished goods caused by
errors or are not updated, they are required to be additionally provided or
adjusted on the accounting records;
– In case it fails to uncover reasons for surplus or
shortage, it shall be pending for settlement:
+ If the finished goods are surplus, the following accounts
shall be recorded:
Dr 155 – Finished goods (according to fair value)
Cr 338 – Other payables or receivables (3381).
When there is a decision of settlement made by the competent
agency, the following accounts shall be recorded:
Dr 338 – Other payables or receivables.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ If the finished goods are deficient, the following
accounts shall be recorded:
Dr 138 – Other payables (1381 – Assets in shortage awaiting
resolution)
Cr 155 – Finished goods
– When there is a decision on settlement made by the
competent agency, the following accounts shall be recorded:
Dr 111, 112, etc. (if the offender pays compensation
in cash)
Dr 334 – Payables to employees (deducting salaries of
offenders)
Dr 138 – Other receivables (1388) (compensation of
offenders)
Dr 632 – Costs of goods sold (remaining shortage after
offsetting against compensation)
Cr 138 – Other receivables (1381).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) If the products are manufactured for giving, promotion or
advertisement without collecting money or any additional conditions (compulsory
purchase of goods, etc), the costs of products shall be recorded to selling
expenses as follows (goods for promotion or advertisement for detail):
Dr 641 – Selling expenses
Cr 155 – Finished goods (production cost of products).
b) If the products are manufactured for promotion or
advertisement with additional conditions that the customers are required to buy
goods (e.g. buy two, get one free, etc) The collected amounts of moneys shall
be recorded to revenues (including promotion goods), costs of promotion goods
shall be recorded to costs of goods sold (nature of transaction is a decrease
in good costs).
– When dispatching promotion goods, the costs of promotion
goods shall be recorded to costs of goods sold as follows:
Dr 632 – Cost prices of goods sold (prime cost)
Cr 155 – Finished goods
– When receiving revenues from promotion goods shall be
recorded to goods sold and promotion goods as follows:
Dr 111, 112, 131, etc.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – Deductible VAT (33311) (if any).
c) If products manufactured for giving staff using welfare
fund, the revenues and costs of goods shall be recorded similarly to ordinary
selling transactions as follows:
– The products for giving to staff and employees shall be
recorded to costs of goods sold:
Dr 632 – Costs of goods sold
Cr 155 – Finished goods
– Products for giving using welfare fund shall be recorded
to revenues as follows:
Cr 353 – Welfare fund (total payment)
Cr 511 – Revenues
Cr 3331 – Deductible VAT (33311) (if any).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The revenues from products for paying salaries to
employees shall be recorded as follows:
Dr 334 – Payables to employees (total costs)
Cr 511 – Revenues
Cr 3331 – VAT payable (33311).
Cr 3335 – Deductible VAT (if any).
– The cost of products for paying salaries to employees
shall be recorded to costs of goods sold as follows:
Dr 632 – Costs of goods sold
Cr 155 – Finished goods
3.1.12. When liquidating or selling unused finished goods,
their costs shall be recorded as follows:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 155 – Finished goods
3.2. Enterprises using periodic inventory system.
a) At the beginning inventory, according to the physical
inventory count of finished goods which are transferred from previous ending
inventory, the beginning finished goods inventory shall be recorded to account
632 “Costs of goods sold” as follows:
Dr 632 – Costs of goods sold
Cr 155 – Finished goods
b) At the ending of accounting period, according to physical
inventory count for finished goods inventory, the ending finished goods
inventory shall be transferred as follows:
Dr 155 – Finished goods
Cr 632 – Costs of goods sold.
Article 29. Account 156 – Goods
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) This account is used to record current value and increase
or decrease in merchandise inventory of an enterprise, including merchandise in
inventories, properties held for sale. Merchandise inventory is goods
that have been purchased by an enterprise, with the intent of selling the goods
to third parties (wholesale or retail). If the merchandise purchased for both
sale and operation, it shall still be recorded to account 156 “Merchandise
inventory”
In the import-export entrustment transaction, this account
is only used by the trustor not by the trustee. Trading in merchandise
inventory related to transactions in foreign currencies shall comply with
regulations of Article 69 – Guidelines for accounting method for exchange rate
differences.
b) The following merchandise shall not be recorded to account
156 “Merchandise inventory”:
– Consignment goods sold or kept on behalf of other
enterprises;
– Merchandise purchased for operation (recorded to account
152 “Raw materials”, or account 153 “Tools and supplies”, etc).
c) The received, dispatched or inventoried merchandise
inventory recorded to account 156 shall be accounted according to original
prices as prescribed accounting standard “Inventory”. Historical cost of
merchandise inventory purchased includes: Purchasing prices or incidental
purchase costs (transport, material handling, preservation of merchandise from
suppliers to the enterprise’s warehouse, insurance cost, etc), import duty,
special excise tax, environmental protection tax (if any), VAT on imported
goods (if they are not deductible). If the enterprise purchases merchandise for
resale, but they must be processed, semi-processed, refurbished, classified for
additional value and quick sale of merchandise, the merchandise cost shall
include processing or semi-processing cost.
– The historical cost of merchandise purchased shall be
calculated according to every input source and the purchasing price and
incidental purchase cost shall be recorded separately.
– When determining cost of merchandise inventory, the
enterprise may apply one of following methods:
+ First in – first out;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ Weight average;
– Some particular units (supermarkets or similar) may
determine cost of ending inventory balances using retail inventory method. This
method may be used in the retail to calculate cost of inventory in bulk of
merchandise which vary promptly and have similar margin unable to use other
method calculating original prices. The original cost of merchandise
inventory shall equal selling price of merchandise inventory minus (-) margin
(reasonable rate). That is used with due account taken of merchandise pieces
which has fallen to less than its original price Each retailer usually uses
separate average rate of percent.
– The incidental purchase cost in an accounting period shall
be charged to consume merchandise during the period and ending merchandise
inventory. The incidental purchase cost shall be allocated according to
specific condition of every enterprise, but it is required to be consistent.
d) When buying merchandise, if goods, equipment or
accessories for replacement are attached (provision for breakdown), the goods,
equipment or accessories for replacement shall be recorded with proper cost.
Cost of imported goods is the price subtracted from cost of goods, equipment or
accessories for replacement.
dd) The merchandise inventory shall be specifically
accounted according to every inventory, type, group of merchandise items.
2. Structure and contents of account 156 – Merchandise
inventory
Debit:
– Cost of merchandise purchased stated in the sale invoice
(including non-refundable taxes);
– Incidental purchase cost;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Cost of goods returned;
– Cost of merchandise inventory in surplus detected under
physical inventory count;
– Transfer of ending merchandise inventory balances (if the
enterprises use periodic inventory system);
– Cost of properties held to sale purchased or converted
from investment property.
Credit:
– Cost of dispatched merchandise for sale or sending to
agents, affiliated enterprises; performance of outsourcing agreement, or for
operation;
– Incidental purchase cost allocated to merchandise sold
during the period;
– Trade discount on merchandise purchased;
– Sale discount on merchandise purchased;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Cost of merchandise inventory in shortage detected under
physical inventory count;
– Transfer of beginning merchandise inventory balances (if
the enterprises use periodic inventory system);
– Cost of properties held to sale sold or converted into
investment property, property used by the owner or fixed assets.
Debit balance:
– Cost of merchandise inventory purchases;
– Incidental purchase cost of merchandise inventory.
Account 156 – Merchandise inventory, comprises 2
sub-accounts:
– Account 1561 – Purchase costs: recording current cost and
decrease or increase in merchandise purchased and inventoried (according to
purchase costs);
– Account 1562 – Incidental purchase costs: recording incidental purchase costs
incurred relating to amounts of received merchandise during a period and the
distribution of current incidental purchase costs in the period to amounts of
merchandise purchased during a period and ending merchandise inventory balances
(including inventoried merchandise and merchandise on consignment, unsold goods
on consignment). The incidental purchase costs recorded in this account only
include the costs directly related to the processing of purchasing merchandise,
such as: insurance cost of merchandise, depot rents, etc, costs of transport,
material handling, preservation of merchandise from supplier to the
enterprise’s stock; normal losses incurred during processing of purchasing
merchandise.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) Structure and contents of account 1561 – Purchase costs
Debit:
– Purchased merchandise cost according to sales invoice
(inventoried);
– Import duty or special excise tax on imported goods or VAT
on imported goods, input VAT – if they are not deductible, imposed on
inventoried merchandise purchased;
– Cost of inventoried merchandise subject to processing
agreement, including: purchase costs and costs of processing;
– Cost of merchandise allocated as capital;
– Cost of inventoried goods returned;
– Cost of merchandise inventory in surplus detected under
physical inventory count;
– Transfer of cost of ending merchandise inventory (if the
enterprise uses periodic inventory system)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Actual cost of merchandise dispatched during a period
(dispatch for sale, exchange, giving to agencies or dependent accounting units,
internal use, capital contribution in joint-venture);
– Trade discount on merchandise purchased;
– Sale discount on merchandise purchased;
– Cost of goods returned;
– Costs of merchandise in shortage or losses;
– Transfer of beginning merchandise inventory balances (if
the enterprises use periodic inventory system);
Debit balance: Actual cost of ending merchandise inventory.
b) Structure and contents of account 1562 – Incidental
purchase costs
Debit: Actual incidental purchase costs incurred relating to amounts of
merchandise purchased and received in a period.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit balance: Ending incidental purchase cost balances.
c) Structure and contents of account 1567 – Properties held
for sale
Debit:
– Actual cost of properties held to sale;
– Residual value of investment properties converted
into property inventory;
– Cost of repair, renovation, upgrade of property for sale
which is recorded as an increase in original cost of properties held for sale
Credit:
– Actual cost of properties held to sale during a period;
– Cost of properties held to sale converted into investment
properties or fixed assets.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3. Accounting methods for several major transactions:
3.1. Enterprise using perpetual inventory system.
3.1.1. Merchandise purchased and delivered to the
enterprise’s warehouse, according to sales invoices, warehouse receipts and
relevant documentary evidence:
a) When purchasing merchandise, if input VAT on merchandise
is deductible, the following accounts shall be recorded:
Dr 156 – Merchandise inventory (1561) (detail in merchandise
purchased and merchandise used as substitute provisional for damage)
Dr 1534 – Equipment and spare parts for replacement (fair
value)
Dr 133 – Deductible VAT (1331) (input VAT)
Cr 111, 112, 141, 331, etc. (total payment).
If the input VAT is not deductible, value of merchandise
purchased shall include VAT
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When importing merchandise, the following accounts shall
be recorded:
Dr 156 – Merchandise inventory
Cr 331 – Trade payables
Cr 3331 – Deductible VAT (33312) (if input VAT on imported
goods are not deductible)
Cr 3332 – Special excise duty (if any).
Cr 3333 – Import/export duty (detail on import duty).
Cr 33381 – Environmental protection tax.
– If input VAT on imported goods is deductible, the
following accounts shall be recorded:
Dr 133 – Deductible VAT
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When buying merchandise and prepaying the seller an
advance in foreign currency, the cost of merchandise equivalent to the advance
shall be recorded according to actual exchange rates at the time in which the
prepayment is made The remaining cost of merchandise purchased in foreign
currency shall be recorded according to actual exchange rates at the purchasing
time.
– The merchandise purchase under import entrustment shall
comply with regulations on account 331 – Trade payables
3.1.2. At the end of the accounting period, if the sales
invoice sent by the seller is received but the merchandise has not been
received, the following accounts shall be recorded:
Cr 151 – Goods in transit
Dr 133 – Deductible VAT (if any)
Cr 111, 112, 331, etc.
– Next accounting period, when the merchandise purchase in
transit, the following accounts shall be recorded:
Dr 156 – Merchandise inventory (1561)
Cr 151 – Goods in transit
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, 331, etc.
Cr 156 – Merchandise inventory (if merchandise are still
inventoried)
Cr 632 – Costs of goods sold (if they are consumed during a
period)
Cr 133 – Deductible VAT (1331) (if any).
3.1.4 Cost of merchandise purchased which is returned to
sellers due to failure of specifications under economic contract, the following
accounts shall be recorded:
Cr 111, 112, etc.
Cr 331 – Trade payables
Cr 156 – Merchandise inventory (1561)
Cr 133 – Deductible VAT (1331) (if any).
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 156 – Merchandise inventory (1562)
Dr 133 – Deductible VAT (if any)
Cr 111, 112, 141, 331, etc.
3.1.6 When purchasing merchandise making deferred payment,
the following accounts shall be recorded:
Dr 156 – Merchandise inventory (cash prices)
Dr 133 – Deductible VAT (if any)
Dr 242 – Prepaid expenses {interest on deferred payment is
difference between total payment minus (-) cash prices deducted from VAT (if it
is deductible)}
Cr 331 – Trade payables (total costs)
The interests on deferred payment shall
be periodically recorded to financial expenses as follows:
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 242 – Prepaid expenses.
3.1.7. When purchasing properties held for sale, the
purchase costs and incidental purchase costs of properties held for sale shall
be recorded as follows:
Dr 1567 – Properties held for sale (VAT-exclusive prices)
Dr 133 – Deductible VAT (1332)
Cr 111, 112, 331, etc.
3.1.8. If the investment properties convert into inventory
when the owner repairs, innovates or upgrades them for sale:
– When the owner repairs, innovates or upgrades investment
properties for sale, the following accounts shall be recorded:
Dr 156 – Merchandise inventory (1567) (residual value of
investment properties)
Dr 214 – Depreciation of fixed assets (2147 – accrued
depreciation)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When incurring costs of repair, renovation, upgrade of
investment properties for sale, the following accounts shall be recorded:
Dr 154 – Work in progress
Dr 133 – Deductible VAT
Cr 111, 112, 152, 334, 331, etc.
– When finishing the repair, innovation or upgrade of
investment properties for sale, total cost shall be transferred and an increase
in properties held for sale shall be recorded:
Dr 156 – Merchandise inventory (1567)
Cr 154 – Work in progress.
3.1.9 Value of goods for sale which are consumed shall be
recorded as follows:
Dr 632 – Costs of goods sold
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Concurrently, sales revenues shall be recorded as follows:
– If indirect taxes are separable, the revenues shall be
recorded follows:
Dr 111, 112, 131, etc. (total payment).
Cr 511 – Revenues
Cr 333 – Taxes and other payables to the State.
– If indirect taxes are not separable, the revenues
including taxes shall be recorded. Tax liabilities and the decrease in revenues
shall be periodically recorded as follows:
Dr 511 – Revenues (total payment)
Cr 333 – Taxes and other payables to the State.
3.1.10. Outsourcing agreement
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 154 – Work in progress
Cr 156 – Merchandise inventory (1561)
– When costs of processing incurred, the following accounts
shall be recorded:
Dr 154 – Work in progress
Dr 133 – Deductible VAT (if any)
Cr 111, 112, 331, etc.
– When the processing is finished, the merchandise shall be
received in inventory and the following accounts shall be recorded:
Dr 156 – Merchandise inventory (1561)
Cr 154 – Work in progress.
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 157 – Goods on consignment
Cr 156 – Merchandise inventory (1561)
3.1.12. Dispatching merchandise inventory to dependent
accounting units of the enterprise for sale:
– In case the dependent accounting units are in charge of
recording revenues, costs of goods, the costs of merchandise sold shall be
recorded as follows:
Dr 632 – Costs of goods sold
Cr 156 – Merchandise inventory.
Concurrently, sales revenues shall be recorded as follows:
Dr 111, 112, 131, etc. (total payment).
Cr 511 – Revenues
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– In case the dependent accounting unit is not in charge of
recording revenues, costs of goods, the costs of products circulated
intra-company shall be intra-company receivables, the following accounts shall
be recorded:
Dr 136 – Intra-company receivables
Cr 156 – Merchandise inventory.
Cr 333 – Taxes and other payables to the State.
3.1.13. When dispatching merchandise for internal use, the
following accounts shall be recorded:
Dr 641, 642, 241, 211
Cr 156 – Merchandise inventory.
3.1.14. When the enterprise uses products for giving,
promotion or advertisement (under law on commerce):
a) If the merchandise inventory is released for promotion or
advertisement without collecting money, not providing additional conditions
(compulsory purchase of goods, etc), the cost of merchandise inventory shall be
recorded to selling expenses (detail in promotion or advertisement);
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 156 – Merchandise inventory (cost prices).
b) If the merchandise is released for promotion or advertisement
with additional conditions that the customers are required to buy goods (e.g.
buy two, get one free, etc) The collected amounts of moneys shall be recorded
to revenues (including promotion goods), costs of promotion goods shall be
recorded to costs of goods sold (nature of transaction is a decrease in good
costs).
– When dispatching merchandise for promotion, the costs of
promotion merchandise shall be recorded to costs of goods sold as follows:
Dr 632 – Cost prices of goods sold (prime cost)
Cr 156 – Merchandise inventory.
– When receiving revenues from promotion merchandise, the
collected amounts shall be recorded to goods sold and promotion goods as
follows:
Dr 111, 112, 131, etc.
Cr 511 – Revenues
Cr 3331 – Deductible VAT (33311) (if any).
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…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The cost of merchandise for giving to staff and employees
shall be recorded to costs of goods sold:
Dr 632 – Costs of goods sold
Cr 156 – Merchandise inventory.
– Merchandise for giving using welfare fund shall be
recorded to revenues as follows:
Cr 353 – Welfare fund (total payment)
Cr 511 – Revenues
Cr 3331 – Deductible VAT (33311) (if any).
d) In case the enterprise is a commercial distributor
receiving merchandise (non-payment) from manufacturers for promotion or
advertisement given to customers of the manufacturer or distributor
– When receiving merchandise from manufacturer (non-payment)
for promotion or advertisement given to customers, the distributor must keep
track of amounts of merchandise items in their internal management system and
present received merchandise items and merchandise items used for promotion on
financial statement.
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…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 156 – Merchandise inventory (according to fair value)
Cr 711 – Other income.
3.1.15. Paying salaries to employees by merchandise
– Revenues shall be recorded as follows:
Dr 334 – Payables to employees (total costs)
Cr 511 – Revenues
Cr 333 – Taxes and other payables to the State.
Cr 3335 – Personal income tax.
– The cost of merchandise for paying salaries to employees
shall be recorded to costs of goods sold as follows:
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…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 156 – Merchandise inventory.
3.1.16 When contributing merchandise to subsidiaries,
joint-venture companies as capital, and the following accounts shall be
recorded:
Dr 221, 22 (according to re-evaluated value)
Dr 811 – Other expenses (re-evaluated value is smaller than
book value of merchandise)
Cr 156 – Merchandise inventory.
Cr 711 – Other incomes (re-evaluated value is greater than
book value of merchandise).
3.1.17. At the end of accounting period, when distributing
incidental purchase costs of merchandise sold during a period, the following
accounts shall be recorded:
Dr 632 – Costs of goods sold
Cr 156 – Merchandise inventory (1562)
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…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the reasons are mistakes in measuring or counting,
failure to keep records, etc, the accounting record shall be adjusted.
– If the merchandise in surplus belong to other enterprises,
the value of merchandise in surplus in the presentation of financial
statements.
– In case it fails to uncover reasons for surplus, it shall
be pending for settlement:
Dr 156 – Merchandise inventory
Cr 338 – Other payables or receivables (3381).
– When there is a decision of settlement made by the
competent agency, the following accounts shall be recorded:
Dr 338 – Other payable or receivables (3381)
Cr, relevant accounts.
3.1.19. When the shortage of merchandise is detected in any
process of business, it is required to make a report and uncover reasons.
According to decision of competent agency, the shortage of merchandise shall be
settled and accounted for as follows:
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…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 138 – Other payables (1381- – Assets in shortage awaiting
resolution)
Cr 156 – Merchandise inventory.
– When there is a decision of settlement made by the
competent agency, the following accounts shall be recorded:
Cr 111, 112, etc. (the compensation is required if the offender
is an individual)
Dr 334 – Payables to employees (the deducting in salaries is
required if the offender is an individual)
Dr 138 – Other receivables (1388) (compensation of
offenders)
Dr 632 – Costs of goods sold (residual value)
Cr 138 – Other receivables (1381).
3.1.20. If the properties held for sale are sold in a
period, according to VAT invoice or sales invoice, transfer note of properties
held for sale, the following accounts shall be recorded:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 156 – Merchandise inventory (1567 – Properties held for
sale)
Concurrently, revenues from sale of properties held for sale
shall be recorded as follows:
Dr 111, 112, 131, etc.
Cr 511 – Revenues from sale of merchandises and services
rendered (5117)
Cr 3331 – Deductible VAT (33311) (if any).
3.1.21. When liquidating or selling unused merchandise,
their costs shall be recorded as follows:
Dr 632 – Costs of goods sold
Cr 156 – Merchandise inventory.
3.2. Enterprises using periodic inventory system.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 611 – Purchases
Cr 156 – Merchandise inventory.
b) At the ending of accounting period:
– Conducting physical inventory count on quantity and cost
of ending merchandise inventory. According to total cost of ending merchandise
inventory, the following accounts shall be recorded:
Dr 156 – Merchandise inventory
Cr 611 – Purchases.
– According to total cost of merchandise sold, the following
accounts shall be recorded:
Dr 632 – Costs of goods sold
Cr 611 – Purchases.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1. Rules for accounting
a) Goods on consignment which are recorded to account 157
shall be accounted according to original prices as prescribed accounting
standard “Inventory”. The account 157 “Goods on consignment” only records costs
of goods or finished goods sent to customers or agents (consignees), services
rendered transferred to customers under business contracts or orders by the
enterprise (consignor), those goods are not determined as ‘sold’ (the goods or
services on consignment are not recorded to sales revenues during a period).
b) The goods or finished goods recorded to this account are
still under ownership of the consignor, they must be recorded in the accounting
record in every consignment until they are sold.
c) The cost of transport, material handling, payment on
behalf of customers, etc shall not be recorded to this account. The account 157
may record every type of goods, finished goods or services rendered on
consignment to every customer or consignee.
2. Structure and contents of account 157 – Goods on
consignment
Debit:
– Cost of goods or finished goods on consignment sent to
customers, consignees; or dependent accounting units;
– Cost of services rendered to customers, but they are not
sold;
– Ending cost of goods or finished goods on consignment but
they are not sold (if the consignor uses periodic inventory system).
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Cost of goods, finished goods, services rendered on
consignment which are sold;
– Cost of goods, finished goods or services on consignment
which are returned;
– At the beginning of accounting period, cost of goods,
finished goods, services rendered which are not sold and transferred (if the
consignor uses periodic inventory system).
Debit balance:
Cost of goods, finished goods, services rendered on
consignment which are sold during a period;
3. Accounting methods for several major transactions:
3.1. Enterprise using perpetual inventory system.
a) When consigning goods or finished goods to customers,
consignees under economic contracts, according to delivery order, the following
accounts shall be recorded:
Dr 157 – Goods on consignment
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 155 – Finished goods
b) Cost of services rendered to customers, but they are not
sold during a period, the following accounts shall be recorded:
Dr 157 – Goods on consignment
Cr 154 – Work in progress.
c) When consigning goods or services to customers and they
are sold during a period:
– If the indirect taxes are not separable at the time in
which the revenues are recorded, the revenues from sale of goods, finished
goods or services (tax-exclusive prices) shall be recorded:
Cr 131 – Trade receivables
Cr 511 – Revenues
Cr 333 – Taxes and other payables to the State.
…
…
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 511 – Revenues
Cr 333 – Taxes and other payables to the State.
– And the costs of finished goods sold which are delivered
to inventory shall be recorded as follows:
Dr 632 – Costs of goods sold
Cr 157 – Goods on consignment.
d) If goods or finished goods are consigned for sale but
they are returned;
– If those goods or finished goods are still merchantable or
repairable, the following accounts shall be recorded:
Dr 156 – Merchandise inventory; or
Dr 155 – Finished goods
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If those goods or finished goods are not merchantable or
repairable, the following accounts shall be recorded:
Dr 632 – Costs of goods sold
Cr 157 – Goods on consignment.
3.2. Enterprises using periodic inventory system.
a) At the beginning of accounting period, if cost of goods
or finished goods sent to customers are transferred but they are not sold
during a period, or cost of goods or services consigned to customer but they
are not sold during a period, the following accounts shall be recorded:
Dr 611 – Purchases (for goods)
Dr 632 – Costs of goods sold (for finished goods or
services)
Cr 157 – Goods on consignment.
b) At the end of accounting period, according to the
physical inventory count, the cost of goods, products (finished goods or
semi-finished goods) or services rendered to customers; or consigned to
consignees which are not sold at the ending accounting period:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 157 – Goods on consignment
Cr 611 – Purchases.
– At the end of accounting period, cost of finished goods provided
for customers or goods on consignment; cost of services rendered to customers
who are not sold shall be transferred as follows:
Dr 157 – Goods on consignment
Cr 632 – Costs of goods sold.
Article 31. Account 158 – Goods in
bonded warehouse
1. Rules for accounting
a) This account is used to record
current value and increase or decrease in goods delivered to bonded warehouse. Bonded warehouses are only applied
to foreign-invested companies to serve the production of imported goods,
subject to special customs supervision, in which the raw materials imported to
serve the production shall be stored in the bonded warehouses and released from
assessment and payment of import duties and other taxes.
b) Imported raw materials stored in bonded warehouse include
raw materials provided for production and products of that enterprise.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
2. Structure and contents of account 158 – Goods in bonded
warehouses
Debit: Costs of raw materials, finished goods or goods delivered to bonded
warehouse during a period.
Credit: Costs of raw materials, finished goods or goods dispatched from bonded
warehouse during a period.
Debit balance: Costs of ending raw materials, finished goods or goods
inventory balances in the bonded warehouse.
3. Accounting methods for several major transactions:
a) When importing raw materials for production of exported
products, or processing of exported goods, if they are stored in a bonded
warehouse, they shall be released from payment of import duty and VAT on
imported goods and the following accounts shall be recorded:
Dr 158 – Goods in bonded warehouses
Cr 331 – Trade payables.
b) When dispatching raw materials in bonded warehouse for
production or processing of exported goods, the following accounts shall be
recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 158 – Goods in bonded warehouses.
c) When delivering finished goods, exported goods or outward
processing goods into bonded warehouse (if any), the following accounts shall
be recorded:
Dr 158 – Goods in bonded warehouses
Cr 156, 155, etc.
d) When exporting goods in bonded warehouses (if any):
– The costs of exported goods in bonded warehouse shall be
recorded as follows:
Dr 632 – Costs of goods sold
Cr 158 – Goods in bonded warehouses.
– The revenues from sale of exported goods in bonded
warehouse shall be recorded as follows:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 511 – Revenues.
dd) If export rate is lower than deferred tax rate of
the enterprise subject to import duty and VAT on imported goods (if any)
pertaining to difference between amounts of to-be-exported products and amounts
of actually-exported products, the enterprise must pay import duty and VAT on
imported goods (if any):
– When determining import duty payables (if any), the
following accounts shall be recorded:
Dr 632 – Costs of goods sold
Cr 333 – Taxes and amounts payable to the State (3333).
– When determining VAT on imported goods payables (if any),
the following accounts shall be recorded:
Dr 133 – Deductible VAT (1331)
Cr 333 – Taxes and amounts payable to the State (33312).
– When paying import duty and VAT on imported goods payables
(if any), the following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, etc.
e) In case the enterprise is permitted to sell goods in
bonded warehouses on Vietnam market by the competent agency, the enterprise
must pay import duty and other taxes as prescribed.
– When the enterprise is permitted to use goods in bonded
warehouses, it is required to follow procedures for dispatch of goods from
bonded warehouse, receipt of goods or products to the enterprise’s warehouse
and pay taxes on those goods, and then the following accounts shall be
recorded:
Dr 155, 156
Cr 158 – Goods in bonded warehouses.
– When determining import duty payables (if any), the
following accounts shall be recorded:
Dr 155, 156
Cr 333 – Taxes and amounts payable to the State (3333).
– When determining VAT on imported goods payables (if any),
the following accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (1331)
Cr 333 – Taxes and amounts payable to the State (33312).
– When paying import duty and VAT on imported goods, the
following accounts shall be recorded:
Dr 333 – Taxes and amounts payable to
the State (33312, 3333).
Cr 111, 112, etc.
g) When selling goods in bonded warehouses on domestic
market:
– The costs of goods in bonded
warehouse sold shall be recorded as follows:
Dr 632 – Costs of goods sold
Cr 158 – Goods in bonded warehouses.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The revenues from sale of exported goods in bonded
warehouse on domestic market shall be recorded as follows:
Dr 111, 112, 131, etc.
Cr 511 – Revenues from sale of goods and services
Cr 333 – Taxes and amounts payable to the State (33311).
h) In case the raw materials or goods delivered to bonded warehouse
are damaged or degraded and failed to meet export requirements, they must be
re-imported or destroyed:
– In case of re-import, the following accounts shall be
recorded:
Dr 155, 156, etc.
Cr 158 – Goods in bonded warehouses.
– Concurrently, paying the import duty and VAT on imported
goods payables pertaining to those products, goods or raw materials, the taxes
payable shall be recorded in entry (e); when paying taxes, the following
accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, etc.
– In case of re-export (returns to sellers), the following
accounts shall be recorded:
Dr 331 – Trade payables
Cr 158 – Goods in bonded warehouses
– In case of destruction of goods or raw materials in bonded
warehouses, the following accounts shall be recorded:
Dr 632 – Costs of goods sold (destroyed goods or raw
materials)
Cr 158 – Goods in bonded warehouses
Article 32. Account 161 –
Non-business expenditures
1. Rules for accounting
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) It is required to keep records of non-business
expenditures according to every source of funding, fiscal year and governmental
budgetary classification.
c) The non-business expenditures must be recorded in
conformity with budget estimates and between accounting records and documents
and financial statements.
d) This account shall record annual non-business
expenditures of the enterprise, including both regular and irregular
non-business expenditures as prescribed in financial regime in force.
dd) At the end of fiscal year, if the
balance sheet is not approved, total non-business expenditures within the year
shall be transferred from Cr 1612 “Current non-business expenditures” to
Dr 1611 “Brought forward non-business expenditures” for observation until the balance
sheet is approved.
2. Structure and contents of account 161
– Non-business expenditures
Debit: Actual non-business expenditures incurred.
Credit:
– Non-business expenditures which are not recorded and
required to be recovered;
– Non-business expenditures which are recorded and covered
by non-business funds.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Account 161 – Non-business expenditures comprise 2
sub-accounts:
– Account 1611 – Brought forward non-business expenditures: recording non-business expenditures
which are covered by non-business funds of the preceding year and not recorded.
– Account 1612 – Current non-business expenditures: recording non-business expenditures
of current year.
3. Method of accounting for several major transactions:
a) When providing non-business expenditures uncovered by
non-business funds, the following accounts shall be recorded:
Dr 161 – Non-business expenditures (1612)
Cr 111, 112, etc.
b) Salaries and other payables to employees of the
enterprise, sellers or service providers shall be recorded as follows:
Dr 161 – Non-business expenditures (1612)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 331 – Trade payables.
c) When dispatching raw materials, tools or supplies
inventory for non-business activities, the following accounts shall be
recorded:
Dr 161 – Non-business expenditures (1612)
Cr 152 – Raw materials
Cr 153 – Tools and supplies
d) When receiving funding from superior enterprises or
withdrawing non-business expenditure estimates to pay for non-business activities,
the following accounts shall be recorded:
Dr 161 – Non-business expenditures (1612)
Cr 461 – Non-business funds source.
If the non-business expenditure estimates are withdrawn, the
enterprise must keep track of those expenditures in conformity with
characteristics of the enterprise, etc.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 161 – Non-business expenditures (1612)
Cr 241 – Construction in progress (2413 – Major repairs of
fixed assets).
e) When purchasing fixed assets or investing in capital
investment for non-business activities covered by non-business funds:
– In case of purchasing fixed assets or finishing
construction put into operation, the following accounts shall be recorded:
Dr 211 – Tangible fixed assets
Cr 111, 112, 331, 241, 461, etc.
– And the following accounts shall be recorded:
Dr 161 – Non-business expenditures (1612)
Cr 466 – Non-business funds used for fixed assets
acquisitions.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
g) When deducting social insurance, health insurance,
unemployment insurance or union funds for non-business activities of the
enterprise, the following accounts shall be recorded:
Dr 161 – Non-business expenditures (1612)
Cr 338 – Other payables or receivables (3382, 3383, 3384,
3386).
h) At the end of fiscal year, if the financial report is not
approved, the debit balances 1612 “Current non-business expenditures”
shall be transferred to “Brought forward non-business expenditures”; the
following accounts shall be recorded:
Dr 1611 – Brought forward non-business expenditures
Cr 1612 – Current non-business expenditures.
i) When the financial report is approved, non-business
expenditures covered by non-business funds shall be recorded as follows:
Dr 461 – Non-business funds source (4611 – Brought forward
non-business funds source)
Cr 161 – Non-business expenditures (1611 – Brought forward non-business
expenditures).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 138 – Other receivables (1388)
Cr 161 – Non-business expenditures (1611 – Brought forward
non-business expenditures).
Article 33. Account 171 – Government
bonds purchased for resale
1. Rules for accounting
a) This account is used to record transactions in government
bonds purchased for resale incurred during a period. This account only records
value of agreement on resale of Government bonds, not records coupons received
by buyer on the behalf or seller in conformity with times specified in the
agreement.
b) The enterprise must comply with regulations on types of
transactions, deadlines for transactions and revenues from Government bonds in
the resale transactions prescribed in financial regime in force on resale of
Government bonds.
c) The buyer of bonds under resale agreement shall not
record ‘coupon payment’ received from the seller to revenues account at the
times during the term of repurchase agreement but record to other payables or
receivables account.
2. Structure and contents of account 171 – Government bond
repos (Repurchase agreements on Government bonds)
Debit:
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Value of government bonds purchased by the purchaser when
the government bond repo takes effect;
– Difference between the resale price and the original
purchase price of Government bonds under the government bonds received by
purchaser.
Credit:
– Value of Government bonds resold by the purchaser at the
maturity date of the agreement;
– Value of government bonds sold by the seller when the
government bond repo takes effect;
– Difference between the original sale price and the
repurchase price of Government bonds under the government bonds paid by the
seller.
Debit balance: Value of government bonds held by the purchaser to
the maturity.
Credit balance: Value of government bonds held by the seller to the
maturity.
3. Method of accounting for several major transactions:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) When the government bond repo takes effect, the following
accounts shall be recorded:
Dr 111, 112 (sale price)
Cr 171 – Government bond repos.
b) Periodically, the seller shall distribute the difference
between original sale prices and repurchase price of government bonds to
expenses as follows:
Dr 635 – Financial expenses (other than securities company)
Cr 171 – Government bond repos (distributing time in
conformity with time of agreement)
c) On the maturity date of the government bond repo, the
seller shall make payment specified in the government bond repo and receive
those securities, and then the following accounts shall be recorded:
Dr 171 – Government bond repos
Cr 111, 112 (repurchase price specified in the repo).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, 138
Cr 515 – Financial incomes (other than securities company)
(numbers of coupon payments of bonds).
3.2. Accounting for government bonds’ purchasers under repo
a) When the agreement takes effect, according documents on
cash disbursement and other documents, the following accounts shall be
recorded:
Dr 171 – Government bond repo
Cr 111, 112 (purchase price)
b) Periodically, the purchaser shall distribute the
difference between original purchase price and resale price of government bonds
to revenues as follows:
Dr 171 – Government bond repo
Cr 515 – Financial incomes (other than securities company)
(allocated according to duration of agreement).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, etc.
Cr 338 – Other payables or receivables (3388).
d) When the agreement expires, the following accounts shall
be recorded:
Dr 111, 112, 138
Cr 171 – Government bond repo.
Concurrently, when repaying coupons of bonds which the
purchaser keeps on behalf of the seller at the times during the term of repo,
the following accounts shall be recorded:
Dr 338 – Other payables or receivables.
Cr 111, 112, etc.
Article 34. Rules for accounting for
fixed assets, investment properties and construction in progress
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
2. The source acquiring fixed assets shall be kept track to
distribute depreciation costs following the rules below:
– If the fixed assets are acquired from loan capital or
owner’s equity for operation, their depreciation costs shall be allocated to
operating costs;
– If the fixed assets are acquired from welfare funds,
science and technology development funds or funding source, their depreciation
costs shall be recorded as decreases in such funds or funding source.
3. Fixed assets and investment properties shall be
classified according to their use purposes. If there is an asset used for
multiple purposes, e.g. a mixed-use building for offices, lease and sale, their
fair value (every part) shall be estimated in conformity with their use
purposes.
– If a major part of the asset is used for a specific
purpose other than purposes of remaining parts, the total asset shall be
classified according to that major part;
– If there is any change in function of parts of the asset,
the asset shall be re-classified according to use purposes prescribed in
relevant VAS.
4. When buying fixed assets, if they are bundled with
equipment or spare parts for replacement (provision for break down), the
equipment or spare parts for replacement shall be recorded separately with fair
value. If equipment or spare parts for replacement meet requirements for fixed
assets, they shall be recorded to fixed assets account, if not, they shall be
recorded to inventory account. Historical cost of a fixed asset purchased shall
equal total cost of the fixed asset minus (-) cost of equipment or spare parts
for replacement.
5. Fixed assets, investment properties and construction in
progress related to foreign currencies shall be accounted for in accordance
with Article 69 – Guidance on accounting method for exchange rate differences.
Article 35. Account 211 – Tangible
fixed assets
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) This account is used to record current cost and decrease
and increase in total tangible fixed assets of an enterprise according to their
historical costs.
b) Tangible fixed assets mean assets in physical forms which
are possessed by an enterprise for operation in conformity with the recognition
criteria of tangible fixed assets.
c) Tangible fixed assets having independent structure, or
separate parts associated in a system for performance of one or several
functions, the system shall not be operated in case of lack of any part. An
asset meeting all four recognition criteria below shall be treated as a fixed
asset:
– Future economic benefits will surely be obtained;
– Their historical cost has been
determined reliably;
– Their useful life is at least 1 year;
– It meets all value criteria as prescribed in regulations
in force.
In a system associated by separate parts, in which every
part has different useful life and the system still operate normally regardless
of lack of any part, if every part is managed and used separately and meets all
four recognition criteria, they shall be treated as independent tangible fixed
assets.
With regard to working animals or producing animals for
production of commodities, if each animal species meets all four recognition
criteria for fixed assets, they shall be treated as tangible fixed assets.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) The costs of tangible fixed assets shall be recorded to
account 211 according to their historical costs. The historical costs of each
fixed asset must be keep records specifically. Depending on acquisition
sources, the historical cost of a tangible fixed asset shall be determined as
follows:
d1) Historical costs of purchased tangible fixed assets
include: purchase prices (deducted from trade discounts or rebates), taxes
(excluding refundable taxes) and any directly-attributable expenses of putting
such assets into ready-for-use state, such as site preparation, initial
delivery and material handling, installation or testing costs (deducted (-) from
any recoverable values on products or scraps from testing), professional fees
and any other directly-attributable expenses. The interest cost from loans for
purchase of completed fixed assets (fixed assets available for immediate use
without construction investment) shall not be capitalized on historical costs
of fixed assets.
– When purchasing fixed assets, if they are bundled with
equipment or spare parts for replacement, such equipment or spare parts shall
be determined and recorded separately according to their fair value. Historical
cost of a fixed asset purchased shall equal total costs of putting the fixed
asset into ready-for-use state minus (-) cost of equipment or spare parts for
replacement.
– Historical
costs of tangible fixed assets purchased in instalment: equal purchase price
(lump sum payment) plus (+) directly related costs of putting such assets into
ready-for-use state (excluding refundable taxes). The difference between the
instalment price and lump sum price shall be recorded to operating costs
according to the payment schedule.
– Historical costs of fixed assets-properties: When buying
properties, the value of land use right and properties on land shall be
separated as prescribed. The properties on land shall be recorded to tangible
fixed assets; land use rights shall be recorded to intangible fixed assets or
prepaid expenses incurred from a case-by-case basis as prescribed.
d2) Historical costs of tangible fixed assets acquired from
capital investment
– Historical costs of fixed assets under contract awarding:
equal settled costs of building works as prescribed in Regulations on
investment and construction management in force plus (+) directly-attributable
expenses and property transfer taxes (if any). With regard to fixed
assets which are working animals or producing animals, perennial gardens, their
historical costs shall equal total actual costs covered their development up to
putting them into use plus (+) directly related costs.
– Self-constructed or self-made tangible fixed assets:
The historical cost of self-constructed tangible fixed
assets is the settled cost of the building work which is put into use. If the
fixed asset is put into used but it is not settled, their historical cost shall
be recorded to provisional cost and it shall be adjusted after settlement of
the finished building work.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– In above both cases, the historical cost of the fixed
asset includes installation and testing costs (deducted from any recoverable
values on products or scraps from testing) Internal profits and unreasonable
expenses (wasted raw materials, labor or other costs in excess of the normal
levels arising in the self-constructed or self-made process) shall not be
included in the historical cost of tangible fixed assets.
d3) The historical cost of a tangible fixed asset purchased
in the form of exchange for a dissimilar tangible fixed asset or other assets
shall be determined according to their fair value of the received tangible
fixed assets, or the fair value of the exchanged ones, after adjusting the cash
amounts or cash equivalents which are additionally paid or received plus (+)
directly-attributable expenses of putting such asset into ready-for-use state
(excluding refundable taxes).
The historical cost of a tangible fixed asset purchased in
the form of exchange for similar one, or possibly formed through its sale in
exchange for ownership of similar ones (similar assets are those with similar
utilities, in the same business field and having equivalent value). In
both cases, no gain or loss is recorded during the exchange. The
historical cost of the received fixed asset shall be the residual value of the
exchanged one.
d4) The historical cost of a tangible fixed asset which is
granted or transferred shall equal: residual value shall be recorded to fixed
assets account in the accounting records of the donating or presenting
enterprise or the value assessed by the Board of exchange or a professional
appraisal organization as prescribed plus (+) directly-attributable expenses
(transport, material handling, upgrade, installation, testing or registration
property transfer taxes (if any), etc paid by the asset receiver up to time in
which the fixed asset is put into ready-for-use state.
The historical cost of a tangible fixed asset transferred
between dependent accounting units having no legal status of an enterprise
shall be their historical cost recorded in the transferor in conformity with
dossier on such fixed asset. The received unit shall record the fixed assets to
their accounting records according to the historical cost, accumulated
depreciation, residual value stated in the accounting records and dossier on
such fixed asset. The costs related to donations of fixed assets between
dependent accounting units having no legal status shall not be recorded an
increase in historical cost of fixed assets but they shall be recorded to
operating cost during a period.
d5) The historical cost of a tangible fixed asset
contributed as capital or return of capital is the value assessed by founding
members or shareholders or agreed by the enterprise and contributors or assessed
by a professional appraisal organization as prescribed and approved by the
founding members or shareholders.
d6) The historical cost of a tangible fixed asset which is
donated or presented shall equal: actual value assessed by the Board of
exchange or a professional appraisal organization plus (+)
directly-attributable expenses (transport, material handling, installation,
testing or property transfer taxes (if any), etc paid by the asset receiver up
to time in which the fixed asset is put into ready-for-use state.
d7) The historical cost of a fixed asset purchased in
foreign currencies shall comply with regulations in Article 69 – Guidance on
accounting method for exchange rate differences.
dd) The historical cost of a tangible fixed asset shall only
be modified in following cases:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The fixed asset is constructed or equipped with additional
parts;
– Parts of the tangible fixed asset are
modified to extend their useful life or to increase their capacity;
– Parts of the tangible fixed asset are upgraded to
substantially increase product quality;
– New technology process is adopted to reduce operating
expenses;
– One or several parts of the tangible fixed asset shall be dismantled.
Any case of increase or decrease in tangible fixed assets
must be prepared exchange reports, liquidation reports on fixed assets and
following procedures as prescribed. The accountant is responsible for
preparation and completion of accounting records of fixed assets.
e) The repair and maintenance costs of a fixed asset shall
not be recorded to fixed assets account but they are shall be recorded to
expenses incurred during a period. With regard to those fixed assets subject to
periodical repair or maintenance (power plants’ turbines, aircraft engines,
etc), a provision payable shall be made and recorded to operating costs in a
given period for the repair or maintenance.
g) Operating lease tangible fixed assets still are
depreciated in accordance with VAS and financial policies in force.
h) The tangible fixed assets must be kept in details by
every item of fixed assets, every type of fixed assets and every place in which
they are used, managed or preserved.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit:
– An increase in historical cost of the tangible fixed asset
due to completed constructions, purchase, receipt of capital contribution,
grant, donation, present, or surplus;
– An increase in historical cost of the fixed assets after
adjustment due to additional construction or equipment, or upgrade;
– An increase in historical cost of the fixed assets due to
re-evaluation.
Credit:
– An decrease in historical cost of the tangible fixed
assets due to transfer to other enterprises, liquidation or contribution into
joint venture, etc.
– A decrease in historical cost of the fixed asset due to
dismantlement of one or several parts;
– A decrease in historical cost of the fixed asset due to
re-evaluation.
Debit balance: Current historical costs of the fixed assets of the
enterprise.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Account 2111 – Buildings and structures: records the cost of construction
works, such as buildings, structures, hedges, basins, water towers, ground; or
infrastructures, such as roads, bridges, railroads, peers, wharfs, etc.
– Account 2112 – Machinery and equipment: records costs of machinery or
equipment used in operation of an enterprise, including special-use machines;
work machinery or equipment, technological lines and individual machines.
– Account 2113 – Means of
transportation and transmitters: records costs of means of transport,
including roads, rail, waterborne, waterway, air, pipes and transmitters.
– Account 2114 – Office equipment and furniture: records costs of equipment and
furniture used in management, business and administrative management.
– Account 2115 – Perennial plants,
working and producing animals: records costs of fixed assets such as
perennial plants, working and producing animals.
– Account 2118 – Other fixed assets: records
costs of other fixed assets not recorded to above sub-accounts.
3. Method of accounting for several major transactions
3.1. Accounting for increases in tangible fixed assets
a) When receiving owner’s equity or capital in form of
tangible fixed assets, the following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 411 – Owner’s invested equity.
b) Purchased fixed assets:
– When purchasing a tangible fixed
asset whose input VAT is deductible, according to documents on purchase of such
fixed asset, the historical cost of the fixed asset shall be determined,
accounting records and receipt slip of fixed asset shall be prepared and the
following accounts shall be recorded:
Dr 211 – Tangible fixed assets (VAT-exclusive prices)
Dr 133 – Deductible VAT (1332)
Cr 111, 112, etc.
Cr 331 – Trade payables
Cr 341 – Borrowings and finance lease liabilities (3411).
– When purchasing
tangible fixed assets bundled with equipment or spare parts for replacement,
the following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 153 – Tools and supplies (1534) (equipment or spare parts
for replacement)
Dr 133 – Deductible VAT (1332)
Cr 111, 112, etc.
Cr 331 – Trade payables
Cr 341 – Borrowings and finance lease liabilities (3411).
– If the input VAT is not deductible, the historical cost of
the fixed asset includes VAT.
– If the fixed asset is purchased by capital expenditure
used for operation, if the financial report is approved by the competent
agency, an increase in operation capital and a decrease in capital shall be
recorded as follows:
Dr 441 – Capital expenditure funds
Cr 411 – Owner’s invested equity.
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When purchasing tangible fixed assets in deferred payment
or instalment and put them into use, the following accounts shall be recorded:
Dr 211 – Tangible fixed assets (historical cost – cash
prices)
Dr 133 – Deductible VAT (1332) (if any)
Dr 242 – Prepaid expenses (deferred interest equals (=)
total payment minus (-) cash price and VAT (if any).
Cr 111, 112, 331.
– When make periodical payment to sellers, the following
accounts shall be recorded:
Dr 331 – Trade payables
Cr 111, 112 (periodical payables, including periodical
principal and interest in deferred payment or instalment payables).
– The interest in deferred payment or instalment payables
shall be periodically recorded as follows:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 242 – Prepaid expenses.
d) When the enterprise receives donated or presented
tangible fixed assets for put in use, the following accounts shall be recorded:
Dr 211 – Tangible fixed assets
Cr 711 – Other income.
Other directly-attributable expenses incurred from donated
or presented tangible fixed assets shall be recorded to historical cost as
follows:
Dr 211 – Tangible fixed assets
Cr 111, 112, 331, etc.
dd) Self-made tangible fixed assets:
When converting self-made products of the enterprise to
tangible fixed assets, the following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 155 – Finished goods (dispatched from inventories)
Cr 154 – Work in progress (put into use).
e) When purchasing tangible fixed assets in the form of
exchange:
– Exchange between two similar tangible fixed assets: When
receiving similar tangible fixed assets in exchange and put into use, the
following accounts shall be recorded:
Dr 211 – Tangible fixed assets (historical cost of the
received tangible fixed asset shall be recorded according to residual value of
the exchanged fixed asset)
Dr 214 – Depreciation of fixed asset (depreciation of
exchanged fixed asset)
Cr 211 – Tangible fixed assets (historical cost of exchanged
fixed asset)
– Exchange between two dissimilar
tangible fixed assets:
+ When transferring the tangible fixed asset to exchanging
entity, the following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 214 – Depreciation of fixed assets (depreciated value)
Cr 211 – Tangible fixed assets (historical cost).
+ And an increase in income shall be recorded due to
exchange of fixed assets:
Dr 131 – Trade receivables (total payment)
Cr 711 – Other expenses (residual value of exchanged fixed
asset)
Cr 3331 – VAT payables (33311) (if any)
+ When receiving the fixed asset in exchange, the following
accounts shall be recorded:
Dr 211 – Tangible fixed assets (residual value of received
fixed asset)
Dr 133 – Deductible VAT (1332) (if any)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ If it is required to collect additional payment because
the cost of exchanged fixed asset is greater than the received fixed asset, the
following accounts shall be recorded when the additional payment is received:
Dr 111, 112 (additional payment)
Cr 131 – Trade receivables.
+ If it is required to collect
additional payment because the residual value of exchanged fixed asset is
smaller than the received fixed asset, the following accounts shall be recorded
when the additional payment is received:
Dr 131 – Trade receivables.
Cr 111, 112, etc.
g) When purchasing fixed assets which are buildings,
structures associated with land use rights put into use, the following accounts
shall be recorded:
Dr 211 – Tangible fixed assets (historical cost – buildings,
structures in details).
Dr 213 – Intangible fixed assets (historical cost – land use
rights).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, 331, etc.
h) Increase in tangible fixed assets due to completion of
capital investment: In case the construction work or work items have been
completed and put into use, but their capital expenditure has not been
approved, the historical cost shall be provisionally determined according to
actual capital expenditure in order to record the increase or decrease in fixed
assets (for calculating and depreciating the fixed asset put into use). Once
the settlement of capital expenditure is approved, if there is any difference with
provisional value of the fixed asset, the increase or decrease in the
difference shall be adjusted.
– In case the capital investment progress is recorded
in the same accounting book system of the enterprise:
+ Upon the completion of the construction and putting assets
into use, the following accounts shall be recorded:
Dr 211 – Intangible fixed assets (historical cost).
Cr 241 – Construction in progress.
+ If the self-constructed assets documents not meet all
recognition criteria for tangible fixed assets as prescribed in the accounting
standard on tangible fixed assets, the following accounts shall be recorded:
Dr 152, 153 (if they are materials, inventoried tools and
supplies)
Cr 241 – Construction in progress.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, 152, 153, 211, 213
Cr 136 – Intra-company receivables
Cr 331, 333, etc (accept receivables, if any)
– If the fixed asset is invested by capital expenditure,
when the settlement is approved by the competent agency, an increase in owner’s
invested equity shall be recorded as follows:
Dr 441 – Capital expenditure funds
Cr 411 – Owner’s invested equity.
– Once the settlement is approved, if there is any
difference between settled price and provisional price, the historical cost of
the fixed asset shall be adjusted as follows:
+ A decrease in historical cost shall be recorded as
follows:
Dr 138 – Trade receivables (amounts of recovery shall not be
settled)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ An increase in historical cost shall be recorded as
follows:
Dr 211, 213, 217, 1557
Cr, relevant accounts.
i) When receiving fixed assets from internal General company
(without payment), the following accounts shall be recorded:
Dr 211 – Tangible fixed assets (historical cost).
Cr 214 – Depreciation of fixed assets (depreciated value)
Cr 336, 411 (residual value).
k) When putting fixed assets purchased by non-business funds
into use in non-business activities, the following accounts shall be recorded:
Dr 211 – Tangible fixed assets
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 241 – Construction in progress.
Cr 331 – Trade payables
Cr 461 – Non-business funds (4612).
An increase in non-business funds used for acquisition of
the fixed asset shall be recorded as follows:
Dr 161 – Non-business expenditure (1612).
Cr 466 – Non-business funds used for fixed asset
acquisitions.
When withdrawing estimates to purchase fixed assets, the
enterprise shall keep records of them in the presentation of financial
statements.
l) When putting fixed assets purchased by welfare funds into
use in cultural and welfare fund, the following accounts shall be recorded:
Dr 211 – Tangible fixed assets (total payment)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– And, the following accounts shall be recorded:
Dr 3532 – Welfare fund
Cr 3533 – Welfare funds used for fixed asset acquisitions.
m) Costs incurred after initial recognition of tangible
fixed assets (repair, innovation or upgrade):
– When incurring costs of repair, innovation or upgrade
after initial recognition of tangible fixed assets:
Dr 241 – Construction in progress.
Dr 133 – Deductible VAT (1332)
Cr 112, 152, 331, 334, etc.
– Completion of repair, innovation or upgrade of fixed
assets put into use:
…
…
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 211 – Tangible fixed assets
Cr 241 – Construction in progress.
+ If there is not an increase in historical cost of tangible
fixed assets, the following accounts shall be recorded:
Dr 623, 627, 641, 642 (if their value is small)
Cr 242 – Prepaid expenses. (if their value is great, they
must be allocated gradually)
Cr 241 – Construction in progress.
3.2. Accounting for decreases in tangible fixed assets
An decrease in historical cost of the tangible fixed assets
due to sale, liquidation, losses, shortage detected under physical inventory
count, contribution into joint venture or transfer to other enterprises,
dismantlement of one or several parts, etc. Any case of decrease in
tangible fixed assets shall be followed procedures and exactly determined the
losses and income (if any). According to relevant documents, every specific
case shall be keep records as follows:
3.2.1. In case of sale of fixed assets used for business or
non-business activities: the purchased fixed asset is unnecessary or deems ineffective.
The fixed asset must be purchase following procedures prescribed in regulations
of law. According to receipt slip of the fixed asset and documents on sale of
the fixed asset:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, 131, etc.
Cr 711 – Other income (VAT-exclusive prices)
Cr 3331 – VAT payables (33311).
If the VAT is not separable, the other income shall include
VAT. A decrease in VAT payables shall be recorded to other income.
– A decrease in purchased fixed asset shall be recorded
according to receipt slip of fixed asset:
Dr 214 – Depreciation of fixed assets (2141) (depreciated
value)
Dr 811 – Other expenses (residual value)
Cr 211 – Tangible fixed assets (historical cost).
– Costs related to sale of fixed assets shall be recorded to
Dr 811 “Other expenses”.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– A decrease in sold fixed asset shall be recorded according
to receipt slip of fixed asset as follows:
Dr 466 – Funds used for fixed asset acquisitions (residual
value)
Dr 214 – Depreciation of fixed assets (depreciated value)
Cr 211 – Tangible fixed assets (historical cost).
-Revenues and expenses related to sale of the fixed asset
shall be recorded to relevant accounts as prescribed in regulations of
competent agency.
c) In case of selling fixed assets used for culture or
activities welfare:
– A decrease in sold fixed asset shall be recorded according
to receipt slip of fixed asset as follows:
Dr 353 – Welfare fund (3533) (residual value)
Dr 214 – Depreciation of fixed assets (depreciated value)
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Receipts from sale of the fixed asset shall be recorded as
follows:
Dr 111, 112, etc.
Cr 353 – Welfare fund (3532)
Cr 333 – Taxes and other payables to the State (3331) (if
any)
– Expenditures on sale of the fixed asset shall be recorded
as follows:
Dr 353 – Welfare fund (3532)
Cr 111, 112, etc.
3.2.2. Liquidation of fixed assets: Liquidated fixed assets
are damaged fixed assets impossible for use, obsolete fixed assets or not
appropriate to operating activities. Once
there is any fixed asset subject to liquidation, the enterprise must issue a
decision on liquidation and establish a Liquidation board of fixed assets. The
Liquidation board of fixed assets is responsible for carrying out liquidation
of fixed assets following procedures as prescribed in financial management
regime and make “Report on liquidation of fixed assets” as prescribed. The
report shall be prepared into two copies, one copy shall be transferred to
accounting department to record, and one copy shall be transferred to the
department in charge of management and use of the fixed asset.
According to the report on liquidation of fixed asset and
other documents on revenues and expenses incurred from liquidation of fixed
assets, etc the liquidation of fixed asset shall be recorded similarly to sale
of fixed assets.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 221, 222 (re-evaluated value)
Dr 214 – Depreciation of fixed assets (depreciated value)
Dr 811 – Other expenses (re-evaluated value is smaller than
residual value of the fixed asset)
Cr 211 – Tangible fixed assets (historical cost).
Cr 711 – Other expenses (re-evaluated value is greater than
residual value of the fixed asset)
3.2.4. Shortage or surplus of tangible fixed assets: The
reason for any shortage or surplus of fixed assets must be uncovered. The
shortage or surplus must be accurately and promptly recorded according to
“Report on physical inventory count of fixed assets” and Conclusion issued by
the Inventory board according to specific reasons:
a) Surplus of fixed assets:
– If the surplus of fixed assets is detected due to
unrecording, an increase in fixed assets shall be recorded according to dossier
on fixed assets as follows:
Dr 211 – Tangible fixed assets
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the fixed assets in surplus are being used, apart from
recording the increase in tangible fixed assets, the depreciation value used
for calculation and deduction of additional depreciation of fixed asset used
for welfare, non-business or project purpose, the following accounts shall be
recorded:
Dr, operating costs (fixed assets used for business)
Dr 3533 – Welfare funds used for fixed
asset acquisitions (used for welfare)
Dr 466 – Non-business funds used for fixed asset
acquisitions.
Cr 214 – Depreciation of fixed assets (2141).
– If the fixed assets in surplus are
fixed assets of other enterprises, the owner of such fixed assets must be
notified. If it fails
to determine the owner of such fixed assets, the superior agency and finance
agency must be notified for handling (regarding state-owned enterprises) During
handling period; those fixed assets shall be provisionally kept and monitored
according to documents on physical inventory count.
b) Shortage of fixed assets: it is required to uncover
reasons, offenders and handled as prescribed in financial regime in force.
– In case there is a decision on handling of shortage: the
historical cost and depreciated value of such asset must be accurately
determined according to approved “Report on handling of shortage of fixed
assets” and dossier on fixed assets, then record an decrease in fixed assets
and handle the residual value of the fixed assets. According to the decision on
handling of shortage, the following accounts shall be recorded:
+ The shortage of fixed assets used for business shall be
recorded as follows:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, 334, 138 (1388) (if the offender is required to
make compensation)
Dr 411 – Owner’s invested equity (if the decrease in equity
is permitted to be recorded)
Dr 811 – Other expenses (if the enterprise suffers losses)
Cr 211 – Tangible fixed assets.
+ The shortage of fixed assets used for non-business
activities shall be recorded as follows:
A decrease in the fixed asset shall be recorded as follows:
Dr 214 – Depreciation of fixed assets (depreciated value)
Dr 466 – Funds used for fixed asset acquisitions (residual
value)
Cr 211 – Tangible fixed assets (historical cost).
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112 (if collecting money)
Dr 334 – Payables to employees (deducted from salaries of
employees)
Cr, relevant accounts (according to report on handling).
+ The shortage of fixed assets used for culture or
activities welfare shall be recorded as follows:
A decrease in the fixed asset shall be recorded as follows:
Dr 214 – Depreciation of fixed assets (depreciated value)
Dr 3533 – Funds used for fixed asset acquisitions (residual
value)
Cr 211 – Tangible fixed assets (historical cost).
The residual value of the shortage of fixed assets must be
recovered according to the decision on handling of shortage and the following
accounts shall be recorded:
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 334 – Payables to employees (deducted from salaries of
employees)
Cr 3532 – Welfare fund
– If the reasons for shortage of fixed assets are not
uncovered and awaiting solutions:
+ The shortage of fixed assets used for business shall be
recorded as follows:
A decrease in fixed assets shall be recorded for residual
value of the shortage of fixed assets:
Dr 214 – Depreciation of fixed assets (2141) (depreciated
value)
Dr 811 – Other expenses (residual value)
Cr 211 – Tangible fixed assets (historical cost).
If there is a decision on handling of residual value of
shortage of fixed assets, the following accounts shall be recorded:
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 138 – Other receivables (1388) (if the offender is
required to make compensation)
Dr 334 – Payables to employees (deducted from salaries of
employees)
Dr 411 – Owner’s invested equity (if the decrease in equity
is permitted to be recorded)
Dr 811 – Other expenses (if the enterprise suffers losses)
Cr 138 – Other income (1381).
+ The shortage of fixed assets used for non-business
activities shall be recorded as follows:
A decrease in the fixed asset shall be recorded as follows:
Dr 214 – Depreciation of fixed assets (depreciated value)
Dr 466 – Funds used for fixed asset acquisitions (residual
value)
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
The residual value of the shortage of fixed assets shall be
recorded to account 1381 “Assets in shortage awaiting resolution” as follows:
Dr 1381 – Assets in shortage awaiting resolution
Cr 138 – Other payables or receivables.
When there is a decision on compensation for residual value
of the shortage of fixed assets, the following accounts shall be recorded:
Dr 111, 334, etc.
Cr 1381 – Assets in shortage awaiting resolution
Concurrently, the compensation for residual value of the
shortage of fixed assets shall be recorded to relevant accounts according to
the decision issued by the competent agency as follows:
Dr 138 – Other payables or receivables.
Cr, relevant accounts (333, 461, etc).
…
…
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
A decrease in the fixed asset shall be recorded as follows:
Dr 214 – Depreciation of fixed assets (depreciated value)
Dr 3533 – Funds used for fixed asset acquisitions (residual
value)
Cr 211 – Tangible fixed assets (historical cost).
The residual value of the shortage of fixed assets shall be
recorded to account 1381 “Assets in shortage awaiting resolution” as follows:
Dr 1381 – Assets in shortage awaiting resolution
Cr 3532 – Welfare fund
When there is a decision on compensation for residual value
of the shortage of fixed assets, the following accounts shall be recorded:
Dr 111, 334, etc.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.2.5. With regard to tools and supplies not meeting all
recognition criteria of tangible fixed assets used for business, the following
accounts shall be recorded:
Dr 623, 627, 641, 642 (if their residual value is small)
Dr 242 – Prepaid expenses. (if their value is great, they
must be allocated gradually)
Dr 214 – Depreciation of fixed assets (depreciated value)
Cr 211 – Tangible fixed assets (historical cost of fixed
asset).
3.2.6. Accounting for sale and leaseback of tangible fixed
assets which is operating lease (refer to account 811 or 711).
3.3. Accounting for tangible fixed assets under physical
inventory count under evaluation of enterprises for equitization of
wholly-state-owned enterprises
a) Reports on physical inventory count: When receiving
notification or decision on equitization of the competent agency, the equitized
enterprise must conduct physical inventory count and classify tangible fixed
assets under management and use of the enterprise at the time in which the
enterprise is undergone evaluation.
– In case of shortage of tangible fixed assets, the
following accounts shall be recorded:
…
…
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 214 – Depreciation of fixed assets
(cumulatively-depreciated value)
Cr 211 – Tangible fixed assets (historical cost).
– In case of surplus of fixed assets: the enterprise shall
keep records of surplus of fixed assets in the presentation of the financial
statement Once the reasons for surplus are uncovered and the decision on
resolution to surplus is issued by the competent agency, they shall be recorded
to relevant accounts in the balance sheet.
b) Accounting for surplus or shortage of tangible fixed
assets under physical inventory count: the enterprise must uncover the reasons
for the surplus or shortage and determine material responsibility for
compensation taken by organizations or individuals as prescribed. The value of
shortage of tangible fixed assets (deducted from compensation) shall be
recorded to other expenses.
– With regard to shortage of assets detected under physical
inventory count, according to “Report on resolution to shortage or surplus of
assets under physical inventory count”, the following accounts shall be
recorded:
Dr 111 – Cash (individual or organization paying
compensation)
Dr 1388 – Other receivables (individual or organization
paying compensation)
Dr 334 – Payables to employees (deducted from salaries of
employees)
Dr 811 – Other expenses (residual value of shortage of fixed
assets detected under physical inventory count shall be recorded to losses of
the enterprise)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– With regard to surplus of assets detected under physical
inventory count, according to “Report on resolution to shortage or surplus of
assets under physical inventory count”, the following accounts shall be
recorded:
Dr 3381 – Surplus of assets awaiting resolution.
Cr 331 – Trade payables (if the assets in surplus belong to
sellers)
Cr 138 – Other payables or receivables (3388)
Cr 411 – Owner’s invested equity (regarding tangible fixed
assets impossible to uncover reasons and determine the owner).
c) Accounting for sale or liquidation of unnecessary assets
or unsold assets pending liquidation: after receiving approval issued by agency
deciding the equitization, the enterprise shall sell or liquidate assets as
prescribed. The revenues, expenses and decreases in assets shall be recorded as
follows:
– Revenues from sale or liquidation of unnecessary fixed
assets or fixed assets pending liquidation shall be recorded as follows:
Dr 111,112,131
Cr 711 – Other income.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Expenditures on sale or liquidation of unnecessary fixed
assets or fixed assets pending liquidation shall be recorded as follows:
Dr 811 – Other expenses
Dr 133 – Deductible VAT (if any)
Cr 111, 112, 331.
– Decreases in fixed assets which are sold or liquidated
shall be recorded as follows:
Dr 811 – Other expenses (residual value)
Dr 214 – Depreciation of fixed assets
Cr 211 – Tangible fixed assets.
d) When the enterprise transfers tangible fixed assets which
are unnecessary or pending liquidation as prescribed, the following accounts
shall be recorded:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 214 – Depreciation of fixed assets
Cr 211 – Tangible fixed assets.
dd) Accounting for transfer assets which are welfare
constructions
– When transferring housing of officials or employees of the
enterprise invested by the welfare funds to real estate authority of the local
government to manage, the following accounts shall be recorded:
Dr 3533 – Funds used for fixed asset acquisitions (residual
value)
Dr 214 – Depreciation of fixed assets (depreciated value)
Cr 211 – Tangible fixed assets (historical cost).
– If the equitized enterprise uses the welfare constructions
invested by state capital for business, the following accounts shall be
recorded:
Dr 466 – Non-business funds used for fixed asset
acquisitions.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
e) Accounting for value of tangible fixed assets which are
undergone re-valuation.
According to dossier on revaluation of the enterprise, the
value of the tangible fixed assets shall equal: Increase in residual value of
fixed asset which is recorded to Cr 412 – Differences upon asset revaluation;
Decrease in residual value of fixed asset which is recorded to Dr 412 –
Differences upon asset revaluation and such differences must be in details
according to every fixed asset. In particular:
– In case the value of re-evaluated fixed asset is greater
than book value and historical cost of the fixed asset or re-evaluated
cumulative depreciation is greater than book value, the following accounts
shall be recorded:
Dr 211 – Historical costs of fixed assets (increase
evaluation).
Cr 214 – Depreciation of fixed assets (increase evaluation).
Cr 412 – Differences upon asset revaluation (value of fixed
asset in increase).
– In case the value of re-evaluated fixed asset is smaller
than book value and historical cost of the fixed asset or re-evaluated
cumulative depreciation is smaller than book value, the following accounts
shall be recorded:
Dr 214 – Depreciation of fixed assets (decrease evaluation).
Dr 412 – Differences upon asset revaluation (value of fixed
asset in decrease).
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
The enterprise depreciates the fixed asset according to new
historical cost determined after re-evaluation.
g) Transferring fixed assets to joint-stock companies
– Equitization of independent enterprises
With regard to equitization of independent enterprises, it
is required to comply with regulations on transfer of assets, accounts payables
and capital funds of joint-stock companies. All accounting documents,
accounting records and financial statements of the equalized enterprise
required archive shall be transferred to the joint-stock company for keep archiving.
– With equitization of dependent accounting enterprises of
state-owned companies, groups, general companies, parent companies, or
independent accounting companies of the general companies.
When transferring assets, accounts payables and capital
funds to joint-stock companies, the value of tangible fixed assets transferred
to the joint-stock company shall be recorded as follows according to receipt
slip of assets, appendixes, relevant accounting records or documents.
Dr 411 – Owner’s invested equity.
Dr 214 – Depreciation of fixed assets (depreciated value).
Cr 211 – Tangible fixed assets.
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1. Rules for accounting
a) This account is used to record current value and increase
and decrease in total financial lease fixed assets of an enterprise. This
account is used to record historical costs of financial lease fixed assets of
the lessee (such fixed assets are not under ownership of the enterprise, but
the enterprise has legal liability to manage and use them similarly to their
assets).
b) Financial lease: a lease that transfers substantially all
the risks and rewards incidental to ownership of an asset to the lessee.
Ownership of the asset may be transferred at the end of the lease term.
c) Recognition of financial lease: a financial lease must
satisfy at least one of five criteria below:
– Ownership of the asset is transferred to the lessee at the
end of the lease term;
– At the inception of the lease, the lessee has an option to
purchase the asset at a price which is expected to be sufficiently lower than
the value at the end of the lease term;
– The lease term is for the major part of the economic
life of the asset even if title is not transferred;
– At the inception of the lease, the present value of the
minimum lease payments amounts to at least substantially all of the fair value
of the leased asset;
– The leased assets are of a specialized nature such
that only the lessee can use them without major modifications being made.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the lessee cancels the lease and compensates the losses
caused by the cancellation of the lease to the lessor;
– Gains or losses from variation in the fair value of the residual
value of the leased asset shall be borne by the lessee;
– The lessee has ability to continue the lease after the
termination of the lease at a rent which is lower than the market rent. Leases
of assets which are land use rights shall be classified as operating lease.
dd) Historical cost of a financial lease fixed asset shall
equal fair value of the lease or present value of minimum lease payments
amounts (in case the fair value is greater than present value of minimum lease
payments amounts) plus (+) initial direct costs incurred in connection with
financial leasing activities.
If the input VAT is deductible, present value of
minimum lease payments amounts shall not include VAT payables to the lessor.
When calculating the present value of minimum lease payments
amounts, the enterprise may use the implicit interest rate, interest rate
stated in the lease or the incremental borrowing interest rate of the lessee.
e) The non-deductible input VAT on the leased asset which is
paid by the lessee on behalf of the lessor shall be recorded as follows:
– If the non-deductible input VAT is made a lump sum payment
when recording the leased asset, the historical cost of the leased asset shall
include VAT;
– If the non-deductible input VAT is paid instalment, it shall
be recorded to operating cost during a period in conformity with depreciation
costs of financial lease assets.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
h) The lessee shall calculate,
depreciate the fixed asset and charge to operating costs periodically in
conformity with the depreciation policy applied to its owned-fixed assets in
kind. If it not sure that the lessee shall acquire the ownership of the
asset at the end of the lease term, the leased asset shall be depreciated
according to the lease term if the lease term is shorter than the useful life
of the leased asset.
i) Account 212 shall be detailed to
keep track of every type of leased fixed asset.
2. Structure and contents of account 212 – Financial lease
fixed assets
Debit: Increases in historical costs of the financial lease fixed assets.
Credit: Decreases in historical costs of financial lease fixed assets due
to returning to the lessor at the end of the lease term or buying and
converting into the fixed assets of the enterprise.
Debit balance: Historical cost of existing financial lease fixed assets.
Account 212 – Financial lease fixed assets comprises 2
sub-accounts
– Account 2121 – Financial lease tangible fixed assets:
records current value and increases and decreases in total financial lease
tangible fixed assets of the enterprise;
– Account 2122 – Financial lease intangible fixed assets:
records current value and increases and decreases in total financial lease
intangible fixed assets of the enterprise.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.1. When incurring initial direct cost in connection with
the financial lease asset before receiving the leased asset, such as:
commission fees, legal fees, etc, the following accounts shall be
recorded:
Dr 242 – Prepaid expenses
Cr 111, 112, etc.
3.2. When paying an advance of the financial lease rent or
deposit to secure the lease, the following accounts shall be recorded:
Dr 341 – Borrowings and finance lease liabilities (3412)
(prepaid lease payments)
Dr 244 – Mortgage, collaterals and deposits
Cr 111, 112, etc.
3.3. When receiving a financial lease fixed asset, the value
of the financial lease fixed assets (input VAT-exclusive prices) shall be
recorded according to the lease and related documents, the following accounts
shall be recorded:
Dr 212 – Financial lease fixed assets (VAT-exclusive prices)
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Initial direct costs in connection with financial lease
activities shall be recorded to the historical cost of the financial lease
fixed assets as follows:
Dr 212 – Financial lease fixed assets
Cr 242 – Prepaid expenses, or
Cr 111, 112, etc. (Direct costs in connection with
financial lease activities incurred when receiving the financial lease asset).
3.4. Periodically, upon the receipt of the financial lease
invoices:
When paying the principal and lease interest to the lessor,
the following accounts shall be recorded:
Dr 635 – Financial expenses (lease interest of current
period)
Dr 341 – Borrowings and finance lease liabilities (3412)
(lease principal of current period)
Cr 111, 112, etc.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) If the VAT is deductible, the following accounts shall be
recorded:
Dr 133 – Deductible VAT (1332)
Cr 112 – Cash in bank (lump sum payment)
Cr 338 – Other payables (input VAT payables to the lessor).
b) If the VAT is not deductible, the following accounts
shall be recorded:
Dr 212 – Financial lease fixed assets (if the input VAT is
not deductible and the VAT is paid lump sum when recording the financial lease
fixed assets)
Dr 627, 641, 642 (if the non-deductible input VAT is paid
whenever the invoice is received)
Cr 112 – Cash in bank (lump sum payment)
Cr 338 – Other payables (input VAT payables to the lessor).
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 635 – Financial expenses.
Cr 111, 112, etc.
3.7. When returning the financial lease fixed assets as
mentioned in the lease to the lessor, a decrease in the value of the financial
lease fixed assets shall be recorded as follows:
Dr 214 – Depreciation of fixed assets (2142)
Cr 212 – Financial lease fixed assets.
3.8. If the lease prescribes that the lessee only rent a
part of the value of the asset and buy it then, when the lessee receives the
transfer of the ownership of the asset, a decrease in financial lease fixed
assets and an increase in tangible fixed assets under ownership of the
enterprise shall be recorded. When converting the financial lease asset to the
asset under ownership of the enterprise, the following accounts shall be
recorded:
Dr 211 – Tangible fixed assets
Cr 212 – Financial lease fixed assets (residual value of the
financial lease fixed asset)
Cr 111, 112, etc. (additional payables).
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 2142 – Depreciation of financial lease fixed assets
Cr 2141 – Depreciation of tangible fixed assets
3.9. Accounting for sale and leaseback of financial lease
fixed assets:
a) If the sale and leaseback gives the price which is
greater than the residual value of the fixed asset:
– Accounting for the sale transaction (refer to account 711)
– Those entries recording leased assets and accounts
payables in connection with finance lease shall comply with regulations from
Point 3.1 to 3.6 of this Article.
– Periodically, the depreciation of the financial lease
fixed asset shall be calculated, deducted and recorded to operating costs as
follows:
Dr 623, 627, 641, 642, etc.
Cr 2142 – Depreciation of financial lease fixed assets
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 3387 – Unearned revenue
Cr 623, 627, 641, 642, etc.
b) If the sale and leaseback gives the price which is
smaller than the residual value of the fixed asset:
– Accounting for the sale transaction (refer to account 711)
– Those entries recording leased assets and accounts
payables in connection with finance lease, periodical rents shall comply with
regulations from Point 3.1 to 3.6 of this Article.
– Periodically, when transferring the difference between the
price and residual value of the leased back fixed asset (loss) to operating
costs of the period over then lease term, the following accounts shall be
recorded:
Dr 623, 627, 641, 642, etc.
Dr 242 – Prepaid expenses
Article 37. Account 213 – Intangible
fixed assets
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) This account is used to record current value and
increases and decreases in intangible fixed assets of the enterprise;
Intangible fixed assets mean assets which have no physical form but the value
of which can be determined and which are held and used by the enterprises in
their business or leased to other entities in conformity with the recognition
criteria of intangible fixed assets.
b) Historical costs of intangible fixed assets means all
costs incurred by the enterprises to acquire intangible fixed assets up to the
time of putting these assets into use as expected.
– The historical cost of an intangible fixed asset purchased
separately shall equal its purchase price (minus (-) any trade discounts and
rebates), taxes (excluding refundable taxes) and directly-attributable expenses
incurred from putting the asset into use as expected;
– If the intangible fixed asset is purchased in instalment
or deferred payment, their historical cost shall be recorded to the cash price.
The difference between the deferred price and the cash price shall be recorded
to operating costs according to the payment period, unless such difference is
recorded to the historical cost of the intangible fixed assets (capitalization)
as prescribed in VAS “Borrowing costs”;
– If an intangible fixed asset is purchased in the form of
exchange with another dissimilar intangible fixed asset, their value shall
equal the fair value of the received asset or the fair value of the exchanged
asset after adjustment. If the exchange and payment against documents is
related to the capital ownership of the enterprise, the historical cost shall
equal the fair value stated in such documents.
– The historical cost of an intangible fixed asset which is
land use rights means an amount of money paid to acquire lawful land use rights
(including expenses paid to the transferor or expenses incurred from
compensation for land clearance, leveling of premises, property transfer taxes,
etc) or an amount agreed by contracting parties when contributing capital. The
land use rights shall be considered whether or not intangible fixed assets in
accordance with regulations of relevant law provisions.
– The historical cost of an intangible fixed asset granted
by the State or presented shall equal the initial fair value plus (+)
directly-attributable expenses incurred from putting the asset into use as
expected.
– The historical cost of the intangible fixed assets
transferred shall be the historical cost recorded in the accounting records of
the receiver.
c) All actual expenses incurring during the development
stage which fails to be recognized as intangible fixed asset shall be recorded
to operating costs in the period. If the development stage of the asset meets
recognition criteria of intangible fixed assets as prescribed in VAS
“Intangible fixed assets”, expenses of the development stage shall be recorded
to account 241 “Construction in progress” (2412). At the end of the development
stage, those expenses incurred from historical cost of intangible fixed assets
acquisitions during the development stage must be transferred to the Dr 213
“Intangible fixed assets”.
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
dd) Costs related to intangible fixed assets, which are
incurred after initial recognition, must be recognized as operating costs in
the period; if they meet all two following criteria, an increase in the
historical costs of the intangible fixed asset shall be recorded:
– These costs can help intangible fixed assets generate more
future economic benefits than the original operation evaluation;
– These costs are appraised in a certain way and associated
with a specific intangible asset.
e) The costs incurred to generate future economic benefits
for the enterprises include enterprise establishment cost, personnel-training
cost and advertising cost incurred before the newly-set up enterprises start to
operate, costs for the research stage, relocation cost, shall be recorded to
operating costs in the period or gradually allocated into operating costs in
the maximum period of three years.
g) Costs related to intangible assets, which have been
recorded by the enterprises to costs of determining the business operation
results in the previous period, shall not be re-recorded to the historical cost
of intangible fixed assets.
h) Trademarks, brand names, distribution right, customers’
name list and similar items which are internally established in the enterprise
shall not be recognized as intangible fixed assets.
i) Intangible fixed assets shall be kept records in details
according to every item in the “Fixed assets register”.
2. Structure and contents of account 213 – Intangible fixed
assets
Debit: Increases in historical costs of intangible fixed
assets.
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit balance: Historical costs of existing intangible fixed
assets of the enterprise.
Account 213 – Intangible fixed assets comprise 7
sub-accounts:
– Account 2131 – Land use rights: records land use rights
which are recognized as intangible fixed assets as prescribed.
Value of intangible fixed assets which are land use rights
shall equal actual expenses directly related to land use rights, such as: money
paid for the land use rights, expenses incurred from compensation, land
clearance, leveling of premises (if the land use rights are acquired separately
from any investment in buildings and structures on land), property transfer
taxes (if any), etc. This account shall not record any expenses incurred from
constructions on land.
– Account 2132 – Copy rights: records value of intangible fixed
assets which are total actual expenses paid to acquire copyrights.
– Account 2133 – Patents and inventions: records value of intangible fixed
assets which are total actual expenses paid to acquire patents and inventions.
– Account 2134 – Trademarks and trade names: records value of intangible fixed
assets which are total actual expenses paid for trademarks of goods.
– Account 2135 – Computer software: records value of intangible fixed
assets which are total actual expenses paid for computer software.
– Account 2136 – Licenses and franchises: records value of intangible fixed
assets which are expenses incurred from licenses and franchises, such as:
development permits, permits for production of new products, etc.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3. Method of accounting for several major transactions
3.1. Purchase of intangible fixed assets:
– When purchasing intangible fixed assets used for business
which are subject to VAT using credit-invoice method, the following accounts
shall be recorded:
Dr 213 – Intangible fixed assets (VAT-exclusive prices)
Dr 133 – Deductible VAT (1332)
Cr 112 – Cash in bank
Cr 141 – Advances
Cr 331 – Trade payables
– When purchasing intangible fixed assets used for business
which are not subject to VAT, the following accounts shall be recorded:
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 112, 331, etc (total payments)
3.2. Purchase of intangible fixed assets in instalment or
deferred payment:
– When purchasing intangible fixed assets used for business
which are subject to VAT using credit-invoice method, the following accounts
shall be recorded:
Dr 213 – Intangible fixed assets (VAT-exclusive cash prices)
Dr 242 – Prepaid expenses
(deferred interest shall equal (=) difference between total
payment minus (-) cash price and input VAT (if any))
Dr 133 – Deductible VAT (1332)
Cr 111, 112
Cr 331 – Trade payables
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 213 – Intangible fixed assets (VAT-exclusive cash prices)
Dr 242 – Prepaid expenses (deferred interest shall equal (=)
difference between total payment minus (-) cash price)
Cr 331 – Trade payables (total payments).
– When paying the interest for purchase of intangible fixed
assets in instalment or deferred payment periodically, the following accounts
shall be recorded:
Dr 635 – Financial expenses.
Dr 242 – Prepaid expenses
– When making payment to the seller, the following accounts
shall be recorded:
Dr 331 – Trade payables
Cr 111, 112, etc.
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) Exchange of two similar intangible fixed assets: When
receiving an intangible fixed asset in exchange of a similar intangible fixed
asset and putting into operation, the following accounts shall be recorded:
Dr 213 – Intangible fixed assets (the historical cost of the
received intangible fixed asset shall be recorded according to the residual
value of the exchanged intangible fixed asset)
Dr 214 – Depreciation of fixed assets (2143) (depreciation
of exchanged fixed asset)
Cr 213 – Intangible fixed assets (2143) (historical cost of
exchanged fixed asset)
b) Exchange of two dissimilar intangible fixed assets:
– A decrease in the exchanged intangible fixed assets shall
be recorded as follows:
Dr 214 – Depreciation of fixed assets (depreciation value)
Dr 811 – Other expenses (residual value of the exchanged
fixed asset)
Cr 213 – Intangible fixed assets (historical cost)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 131- – Trade receivables (total payments)
Cr 711 – Other income (fair value of exchanged fixed asset)
Cr 3331 –VAT payables (33311) (if any).
– An increase in the exchanged intangible fixed assets shall
be recorded as follows:
Dr 213 – Intangible fixed assets (fair value of the received
fixed asset)
Dr 133 – Deductible VAT (1332) (if any)
Cr 131 – Trade receivables (total payments).
3.4. Value of intangible fixed assets acquired intra-company
in the development stage:
a) When incurring expenses in the development stage, if the
results do not satisfy recognition criteria of intangible fixed assets, such
expenses shall be recorded to operating costs within a period or prepaid
expenses, the following accounts shall be recorded:
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…
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 642 – General administration expenses
Cr 111, 112, 152, 153, 331, etc.
b) If the result of development stage satisfies recognition
criteria of intangible fixed assets:
– When collecting actual expenses incurring in the
development stage to add to the historical cost of the intangible fixed assets,
the following accounts shall be recorded:
Dr 241 – Construction in progress
Dr 133 – Deductible VAT (1332 – if any)
Cr 111, 112, 152, 153, 331, etc.
– When completing development stage, total actual expenses
incurring which shall be recorded to the historical cost of the intangible
fixed asset, the following accounts shall be recorded:
Dr 213 – Intangible fixed assets
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.5. When purchasing intangible fixed assets which are land
use rights associated with buildings or structures on land, the intangible
fixed assets which are land use rights and tangible fixed assets which are
buildings or structures must be separately recorded as follows:
Dr 211 – Tangible fixed assets (historical costs of
buildings or structures)
Dr 213 – Intangible fixed assets (historical costs of land
use rights)
Dr 133 – Deductible VAT (1332 – if any)
Cr 111, 112, 331, etc.
3.6. When an intangible fixed asset acquired by exchange of
documents on capital ownership of joint-stock companies, the historical cost of
such intangible fixed asset shall be the fair value stated in those documents,
and the following accounts shall be recorded:
Dr 213 – Intangible fixed assets
Cr 411 – Owner’s invested equity.
3.7. Granted, donated or presented intangible fixed assets
which are put into operation:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 213 – Intangible fixed assets
Cr 711 – Other income
– When incurring expenses related to donated or presented
intangible fixed assets, the following accounts shall be recorded:
Dr 213 – Intangible fixed assets
Cr 111, 112, etc.
3.8. When receiving land use rights as capital, the
following accounts shall be recorded according to dossiers on transfer of land
use rights:
Dr 213 – Intangible fixed assets
Cr 411 – Owner’s invested equity.
3.9. When converting use purposes of the investment
properties which are land use rights to intangible fixed assets, the following
accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 217 – Investment properties.
And when transferring cumulative depreciation of the
investment properties to cumulative depreciation of the intangible fixed
assets, the following accounts shall be recorded:
Dr 2147 – Depreciation of investment properties
Cr 2143 – Depreciation of tangible fixed assets
3.10. When investing in subsidiaries or joint-venture
companies in the form of contribution of intangible fixed assets, according to
re-evaluated value of intangible fixed assets:
a) In case the re-evaluated value is smaller than the
residual value of the contributed intangible fixed asset, the following
accounts shall be recorded:
Dr 221, 222 (according to re-evaluated value)
Dr 214 – Depreciation of fixed assets (2143) (depreciation
value)
Dr 811 – Other expenses (the negative difference between the
re-evaluated and the residual value of the intangible fixed asset)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) In case the re-evaluated value is greater than the
residual value of the contributed intangible fixed asset, the following
accounts shall be recorded:
Dr 221, 222 (according to re-evaluated value)
Dr 214 – Depreciation of fixed assets (2143) (depreciation
value)
Cr 213 – Intangible fixed assets (historical cost).
Cr 711 – Other expenses (the positive difference between
re-evaluated value and the residual value of the intangible fixed asset).
3.11. The sale or liquidation of intangible fixed assets
shall be recorded similarly to the sale or liquidation of tangible fixed assets
(refer to account 211).
Article 38. Account 214 –
Depreciation of fixed assets
1. Rules for accounting
a) This account is used to record increases or decreases in
depreciation value and accumulated depreciation of fixed assets and investment
properties due to deduction from depreciation of fixed assets, investment
properties and other increases or decreases of depreciation of fixed assets or
investment properties.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) Pursuant to regulations of law and management requests of
the enterprise, one of methods of calculation or deduction of depreciation as
prescribed in conformity with every fixed asset or investment property in order
to develop business and ensure the recovery of payback promptly, sufficiently
and in conformity with financial ability of the enterprise.
The depreciation method applying to every fixed asset or
investment property must be conducted consistently and may be changed when
there is any change in method of recovering economic benefits of the fixed
asset or investment property.
d) The useful life and depreciation method must be
re-considered at least at the end of every fiscal year.
If the estimated useful life of the asset is different
significantly from previous estimated useful life, the useful life must be
changed equivalently. The method of depreciation of fixed assets shall be
changed once there is a significant change in payback of economic benefits of
the fixed assets. In this case, the depreciation costs of the current year and succeeding
years shall be adjusted and they shall be presented in the financial
statements.
dd) If a fixed asset is fully depreciated (the capital is
fully paid back), but it is still be used in operation, it shall not be kept
depreciating. If a fixed asset is not fully depreciated (the capital is not
fully paid back), but it is damaged or pending liquidation, it is required to
uncover reasons, responsibility of groups or individuals for compensation; and
the residual value of the fixed asset which is not paid back or compensated
shall be compensated by the amounts collected from the liquidation of such
fixed asset, the amounts of compensation shall be decided by the leaders of the
enterprise. If the amounts collected from liquidation or compensation is not enough
to compensate the residual value of the fixed asset which is not paid back or
the value of the lost fixed asset, the remaining difference shall be considered
loss from liquidation and recorded to other expenses. With regard to
state-owned enterprises, they shall be handled according to current financial
policies of the Government.
e) Regarding intangible fixed assets, depending on the
effective period of time of such assets for depreciating from they are put into
use (according to the contract, commitment or decision of the competent agency)
Regarding intangible fixed assets which are land use rights, only term land use
rights are depreciated. If it fails to determine useful life, they shall be not
depreciated.
g) Regarding financial lease fixed assets, during the period
in which the assets are used; the lessee must depreciate over the lease term
and charge to operating costs in order to recover all capital.
h) Regarding investment properties for operating lease, they
shall be depreciated and recorded to operating costs within a period. The
enterprise may estimate the useful life and determine the appropriate
depreciation method according to owner-occupied property in kind. If an
investment property is held for capital appreciation, the enterprise shall not
depreciate but determine the loss due to depreciation.
2. Structure and contents of account 214 – Depreciation of
fixed assets
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit: Increases in depreciation of fixed assets or investment properties
because the fixed assets or investment properties are depreciated.
Debit balance: Accumulated depreciation of existing fixed assets or
investment properties of the enterprise.
Account 214 – Depreciation of fixed assets, comprise 4
sub-accounts:
– Account 2141 – Depreciation of tangible fixed assets: records the depreciation value of
tangible fixed asset during the using period and other increases or decreases
of tangible fixed assets.
– Account 2142 – Depreciation of financial lease fixed
assets: records the
depreciation value of tangible fixed asset during the using period and other
increases or decreases of financial lease fixed assets.
– Account 2143 – Depreciation of intangible fixed assets: records the depreciation value of
intangible fixed asset during the using period and other increases or decreases
of intangible fixed assets.
– Account 2147 – Depreciation of investment properties: records
depreciation value of investment properties used for operating lease of the
enterprise.
3. Method of accounting for several major transactions
a) Periodically, when calculating, deducting and recording
fixed assets to operating costs, the following accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 214 – Depreciation of fixed assets (appropriate
sub-account)
b) When receiving used fixed assets which are transferred
intra-company between dependent accounting units having no legal status, the
following accounts shall be recorded:
Cr 211 – Tangible fixed assets (historical cost).
Cr 336, 411 (residual value)
Cr 214 – Depreciation of fixed assets (2141) (depreciation
value)
c) Periodically, when deducting depreciation of investment
properties for operating lease, the following accounts shall be recorded:
Dr 632 – Costs of goods sold (investment property operating
expenses)
Cr 214 – Depreciation of fixed assets (2147)
d) If there is any decrease in fixed assets or investment
properties, decreases in both historical costs of the fixed assets and
depreciated value of the fixed assets or investment properties shall be
recorded (refer to accounts 211, 213, and 217).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 466 – Non-business funds used for fixed asset
acquisitions
Cr 214 – Depreciation of fixed assets
e) When calculating depreciation value of fixed assets for
cultural activities or welfare at the end of the fiscal year, the following
accounts shall be recorded:
Dr 3533 – Welfare funds used for fixed asset acquisitions
Cr 214 – Depreciation of fixed assets.
g) At the end of the fiscal year, the enterprise shall
review the useful life and the depreciation methods for fixed assets, if there
is any change in the depreciation rate, the depreciation recorded in the
accounting records shall be adjusted as follows:
– If the depreciation rate rises against the depreciated
amounts in the year leading an increase in the depreciation difference due to
the adjustment of the depreciation methods or period, the following accounts
shall be recorded:
Dr 623, 627, 641, 642 (increase in depreciation difference)
Cr 214 – Depreciation of fixed assets (appropriate
sub-account)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 214 – Depreciation of fixed assets (appropriate
sub-account)
Cr 623, 627, 641, 642 (decrease in depreciation difference)
h) Accounting for value of tangible fixed assets which are
undergone re-valuation: According to dossier on revaluation of the enterprise,
the value of the tangible fixed assets shall equal: Increase in residual value
of fixed asset which is recorded to Cr 412 – Differences upon asset
revaluation; Decrease in residual value of fixed asset which is recorded to Dr
412 – Differences upon asset revaluation and such differences must be recorded
in details according to every fixed asset In particular:
– In case the value of re-evaluated fixed asset is greater
than book value and historical cost of the fixed asset or re-evaluated
accumulated depreciation is greater than book value, the following accounts
shall be recorded:
Dr 211 – Historical costs of fixed assets (the increase
value)
Cr 412 – Differences upon asset revaluation (value of
additional assets)
Cr 214 – Depreciation of fixed assets (the increase value)
– In case the value of re-evaluated fixed asset is smaller
than book value and historical cost of the fixed asset or re-evaluated
accumulated depreciation is smaller than book value, the following accounts
shall be recorded:
Dr 214 – Depreciation of fixed assets (the decrease value)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 211 – Historical costs of fixed assets (the decrease
value)
The enterprise shall deduct depreciation of fixed assets
according to new historical cost after re-evaluation. Time for re-evaluation of
depreciation of fixed assets when evaluating a joint-stock company is the date
on which the equitized enterprise is granted Certificate of Business
registration of a joint-stock company.
i) Equitization of dependent accounting units of independent
state-owned companies, groups, general companies, parent companies, independent
accounting units of the general companies:
When transferring a fixed asset to the joint-stock company,
an increase in asset transferred to joint-stock company shall be recorded,
according to receipt slip of assets, special appendixes on transfer of assets
to joint-stock company and relevant documents or accounting records:
Dr 411 – Owner’s invested equity (residual value)
Dr 214 – Depreciation of fixed assets (depreciated value)
Cr 211,213 (historical cost).
Article 39. Account 217 – Investment
properties
1. Rules for accounting
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Use in the production or supply of goods or services or
for administrative purposes; or
– Sale in the ordinary course of business.
1.2. This account is used to record value of investment
properties meeting recognition criteria of investment properties. Property held
for sale in the ordinary course of business or in the process of construction
or development for such sale, owner-occupied property, or property that is
being constructed or developed for future use as investment property shall not
be recorded to this account.
Investment property shall be recognized as an asset when the
following conditions are met:
– It is probable that the future economic benefits
associated with the investment property will flow to the enterprise; and
– The cost of the investment property can be measured
reliably.
1.3. An investment property shall be recorded in this
account according to their cost. Cost of an investment property means the
amount of cash or cash equivalents paid or the fair value of other
consideration given to acquire an investment property at the time of its
acquisition or construction.
– Depending on cases, cost of an investment property shall
be determined as follows:
The cost of a purchased investment property comprises its
purchase price, and any directly-attributable expenses, such as: professional
fees for legal services, property transfer taxes and other transaction costs,
etc.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ The cost of a self-constructed investment property is its
actual cost and directly-attributable expense on the date when the construction
or development is completed;
+ If a finance lease property for operating lease meets
recognition criteria of an investment property, the cost of such investment
property at the initial lease shall comply with VAS “Leases”.
– The cost of an investment property is not increased by:
+ Start-up costs (unless they are necessary to bring the
property to its working condition);
+ Initial operating losses incurred before the investment
property achieves the planned level of occupancy;
+ Abnormal amounts of wasted material, labor or other resources
incurred in constructing or developing the property.
1.4. Subsequent expenditure relating to an investment
property that has already been recognized should be added to the net-book value
of the investment property when it is probable that future economic benefits,
in excess of the originally assessed standard of performance of the existing
investment property, will flow to the enterprise and an increase in the cost of
the investment property shall be recorded.
1.5. During the operating lease period, the investment
property must be depreciated and recorded to business costs (including
postponement period). The enterprise may estimate the useful life and
determine the appropriate depreciation method according to owner-occupied
property in kind.
– In case the enterprise records revenue from total advances
from investment property lease, total estimated cost equivalent to the revenue
shall be recorded (including calculated depreciation in advance).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1.6. Property held for capital appreciation shall not be
depreciated. In case it is evident that the investment property falls against
market fair value and the decrease is determined reliably, the decrease in cost
of the investment property and the loss shall be recorded to costs of goods
sold (similarly to provision for properties held for sale).
1.7. With regard to purchased investment properties which
must be constructed, innovated or upgraded before being used for investment
purpose, the value of the property, purchasing costs and constructing,
innovating or upgrading costs shall be recorded to account 241 “Construction in
progress”. Upon the construction, innovation or upgrading completes, the cost
of the investment property must be determined and transferred to account 217
“Investment property”.
1.8. The transfer from owner-occupied property to investment
property or from investment property to owner-occupied property or inventory
shall be made only if there is any change in use purpose as following cases:
– Investment property shall be converted into owner-occupied
property when the owner begins to use this property;
– Investment property shall be converted into inventory when
the owner begins to sell it;
– Owner-occupied property shall be converted into investment
property when the owner finishes using that property and leasing it to other
party for operation;
– Inventory shall be converted into investment property when
the owner begins to lease it to other party for operation;
– Construction property shall be converted into investment
property at the end of the construction period and put into investment period
(during the construction period, it shall be recorded to VAS “Tangible
fixed assets”).
The transfer of use purpose between investment property and
owner-occupied property or inventory does not change the book value of the
transferred asset and the cost of the property for their evaluation or for
preparation of financial statements.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1.10. The whole purchase price of an investment property
shall be recorded to revenues (VAT-exclusive prices regarding enterprises
subject to VAT using credit-invoice method). If payment for an investment
property is deferred, the consideration received is recognized initially at the
cash price equivalent (VAT-exclusive prices regarding enterprises subject to
VAT using credit-invoice method). The difference between the nominal amount of
the consideration and the cash price equivalent is recognized as interest
revenue.
1.11. A decrease in investment property shall be recorded in
following cases:
– Converting use purposes from investment property to
inventory or owner-occupied property;
– Selling or disposing investment property;
– Returning investment property to the lessor at the end of
the financial lease.
2. Structure and contents of account 217 – Investment
property
Debit: Increases in costs of investment property in the period.
Credit: Decreases in costs of investment property in the period.
Debit balance: Costs of existing investment property.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.1. Purchase of investment properties:
a) If the instalment payment is made and the input VAT is
deductible, the following accounts shall be recorded:
Dr 217 – Investment property
Dr 133 – Deductible VAT (1332)
Cr 111, 112.
If the VAT is not deductible, the historical cost of the
investment property shall include VAT.
b) If the deferred payment is made:
– And the input VAT is deductible; the following accounts
shall be recorded:
Dr 217 – Investment property (VAT-exclusive cash prices)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (1332)
Cr 331 – Trade payables
If the VAT is not deductible, the historical cost of the
investment property shall include VAT.
– Periodically, when calculating and allocating the interest
payable of the purchased investment property in deferred payment, the following
accounts shall be recorded:
Dr 635 – Financial expenses.
Dr 242 – Prepaid expenses
– When making payment to seller, the following accounts
shall be recorded:
Dr 331 – Trade payables
Cr 515 – Financial income (discount obtained due to early
payment, if any)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.2. Acquisition of investment property due to completion
of:
– When incurring construction expenses of investment
property, they shall be recorded to Dr 241 “Construction in progress” according
to relevant documents and materials (similarly to construction of tangible
fixed assets, refer to account 211 “Tangible fixed asset”).
– When the construction in progress is completed and the
investment asset is converted into investment property, the following accounts
shall be recorded according to the transferred documents:
Dr 217 – Investment property
Cr 241 – Construction in progress.
3.3. When converting owner-occupied property or inventory to
investment property, the following accounts shall be recorded according to
documents on convert of use purposes:
a) When converting a fixed asset into an investment
property:
Dr 217 – Investment property
Cr 211 – Tangible fixed asset, or
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
And, when transferring accumulated depreciation, the
following accounts shall be recorded:
Dr 2141, 2143.
Cr 2147 – Depreciation of investment property (property for
lease)
Cr 217 – Investment property (property held for capital
appreciation).
b) When converting from inventory into investment property,
the following accounts shall be recorded according to the documents on convert
of use purposes:
Dr 217 – Investment property
Cr 1557, 1567.
If the investment property is used for lease, it shall be
depreciated as prescribed. If the investment property is held for capital
appreciation, it shall not be depreciated, but the decrease in the investment
property shall be determined If the loss due to depreciation is determined
reliably, the loss shall be recorded to costs of goods sold and the decrease in
cost of the investment property shall be recorded.
3.4. When renting an asset under finance lease in order to
lease them under one or multiple operating leases, if such asset meets
recognition criteria of investment property:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 217 – Investment property
Cr 111, 112, 3412.
(Lease payments shall be made upon the receipt of financial
lease invoice as prescribed in account 212 “Financial lease fixed assets”).
b) When the finance lease expires
– When returning financial lease investment property which
is classified as investment property, the following accounts shall be recorded:
Dr 2147 – Depreciation of investment properties
Dr 632- Costs of goods sold (difference between cost of the
leased investment property and accumulated depreciation)
Cr 217 – Investment property (cost).
– When purchasing a financial lease investment property
which is classified as an investment property, an increase in investment
property (additional payables) shall be recorded as follows:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, etc
– When purchasing a financial lease property which is
classified as an investment property used for operation or management of the
enterprise, it shall be classified as an owner-occupied property and the
following accounts shall be recorded:
Dr 211 – Tangible fixed asset, or
Dr 213 – Intangible fixed assets
Cr 217 – Investment property
Cr 111, 112, (additional payables).
And, when transferring accumulated depreciation, the
following accounts shall be recorded:
Dr 2147 – Depreciation of investment properties
Cr 2141, 2143.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When subsequent expenses (upgrading or innovating)
relating to an investment property actually occurring after initial recognition
of investment property shall be recorded as follows:
Dr 241 – Construction in progress.
Dr 133 – Deductible VAT (1332)
Cr 111, 112, 152, 331, etc.
– When completing upgrading, innovation, etc of investment
property, an increase in the cost of the investment property shall be recorded
as follows:
Dr 217 – Investment property
Cr 241 – Construction in progress.
3.6. Accounting for sale or disposal of investment property;
a) Recognition of revenue from sale or disposal of
investment property:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, 131 (total payment)
Cr 511 – Revenues (5117) (VAT-exclusive disposal prices)
Cr 3331 – VAT payables (33311).
– If the output VAT payable is inseparable when the
investment property is sold or disposed, the revenue shall include output VAT
payable. Periodically, the VAT payables shall be determined and decreases in
revenues shall be recorded as follows:
Dr 511 – Revenues
Cr 3331 – VAT payables.
b) Decreases in the cost and residual value of sold or disposed
investment property shall be recorded as follows:
Dr 214 – Depreciation of fixed assets (2147 – Depreciation
of investment property – if any)
Dr 632 – Costs of goods sold (residual value of investment
property)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.7. Accounting for investment property lease
a) Revenues from investment property lease shall be recorded
as follows:
Dr 111, 112, 131
Cr 511 – Revenues (5117).
b) Recognition of the cost of investment property lease
– When collecting total cost of investment property, the
following accounts shall be recorded:
Dr 632 – Costs of goods sold
Cr 214 – Accumulated depreciation (2147)
Cr 111, 112, 331, etc.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.7. Converting investment property into inventory or
owner-occupied property:
a) If the investment property is converted into inventory
when the owner decides to repair, innovate or upgrade it for sale:
– When there is a decision on repair, innovation or upgrade
of investment property for sale, the residual value of the investment property
shall be transferred to account 156 “Goods”, the following accounts shall be
recorded:
Dr 156 – Goods (Account 1567 – Residual value of investment
property)
Dr 214 – Depreciation of fixed assets (2147 – accumulated
depreciation – if any)
Cr 217 – Investment property (cost).
– When incurring expenses incurred from repair, innovation
or upgrade for sale, the following accounts shall be recorded:
Dr 154 – Work in progress
Dr 133 – Deductible VAT (if any)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When the repairing, innovation and upgrading are completed
for sale, all the expenses shall be added to the cost of the property for sale,
the following accounts shall be recorded:
Dr 156 – Goods (1567)
Cr 154 – Work in progress.
b) When converting investment property into owner-occupied
property, the following accounts shall be recorded:
Dr 211, 213.
Cr 217 – Investment property.
And, the following accounts shall be recorded:
Dr 2147 – Depreciation of investment properties (if any)
Cr 2141, 2143.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Costs of goods sold
Cr 217 – Investment property.
Article 40. Rules for accounting for
investments in associates
1. Investments in associates include investments in
subsidiaries, joint ventures and other investments for long-term held. The
investment may be conducted in the following forms:
a) Investments in the form of capital contribution in
associates (capital mobilized by the investee): in this form, the assets
contributed by the contributor shall be recorded to balance sheet of the
investee;
b) Investments in the form of purchase of capital
contribution of other associates (purchase of owner’s equity): in this form,
the assets of the buyer (the investor or transferee) shall be transferred to
the seller (the transferor); they shall not be recorded to balance sheet of the
unit issuing equity instruments (investee)
2. When investing by non-monetary assets, the investor must
apply appropriate accounting method according to type of investment, in
particular:
a) If a non-monetary asset is used for capital contribution,
the investor must re-evaluate such asset under agreement. The difference
between book value or residual value and re-evaluate price of the asset for
capital contribution shall be recorded to other income or other expenses;
b) Sale of capital holding of other associates and payment
of non-monetary asset to the transferor:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the non-monetary asset for payment is a fixed asset or
an investment property, the investor shall account for them similarly to sale
of fixed assets or investment properties (revenue, other income or other
expenses shall be recorded, etc);
– If the non-monetary asset for payment is an equity
instrument (shares) or a debt instrument (bonds, receivables, etc), the
investor shall account for them similarly to sale of investments (gains or
losses shall be recorded to financial income or financial expenses).
3. The cost of an investment shall be recorded according to
their original cost, including purchase price plus (+) directly-attributable
expenses (if any), such as: transactions, brokerage, consultancy, auditing,
fees, taxes and bank’s fees, etc. In case a non-monetary asset is invested, the
cost of the investment shall be recorded according to the fair value of the
non-monetary asset at the incurring time.
4. Every investment spread over each subsidiary,
joint-venture company or other associate shall be kept records in details. A long-term financial investment shall be recorded
when the ownership is acquired, in particular:
– Listed securities are recorded at the
time of matching (T+0);
– Unlisted securities, other
investments shall be recorded at the time in which the ownership is required as
prescribed.
5. All dividends and profits allocated to the financial
statement of the parent company must be kept records sufficiently and promptly.
The dividends and profits shall be recorded as follows:
a) Dividends and profits allocated in money or non-monetary
asset after investment date shall be recorded to financial income according to
the fair value on the date in which the dividends and profits are received;
b) Dividends and profits allocated in money or non-monetary
asset before investment date shall not be recorded to financial income
according to the fair value but they shall be recorded as a decrease in value
of investment.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) If the dividends are received in the form of shares, it
is required to follow rules below:
– Non-wholly-state-owned companies shall only keep track of
number of shares stated in the financial statement, but not record an increase
in value of investment and financial income.
– Wholly-state-owned companies shall comply with regulations
of law on wholly-state-owned companies.
6. When liquidating or selling financial investments, their
costs shall be determined according to mobile weighted average.
7. The enterprise is not required to classify investments in
subsidiary, joint venture or associate into trade securities, unless it
liquidated or sold those investments, leading losing control of subsidiary,
losing jointly control over joint venture and no longer having significant
influence on the associate.
8. The control, jointly control, significant influence shall
be temporarily determined when the investments are initially recorded. In this
case, those investments shall be recorded to investments in other units or
trade securities, but not recorded to investments in subsidiary or joint
venture or associate.
9. When preparing the financial statement, the enterprise
must determine value of investment loss to create allocation for investment
loss.
Article 41. Account 221 –
Investments in subsidiaries
1. Rules for accounting
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) The account 221 “Investments in subsidiaries” is only
recorded if the investor holds over 50% voting shares in the subsidiary (except
for the case prescribed in below Point c) and has significant influence on
financial and operating activities to gain economic benefits from such
activities. When the parent company has no longer influence on the subsidiary,
a decrease in investment in the subsidiary shall be recorded. In case the
investor temporarily holds over 50% voting shares in the subsidiary, but the
investor does not intend to exercise that voting shares because their
investment purpose is trading in equity instruments for profit (investment held
for commercial purpose and the control right is temporary), such investment
shall not be recorded to this account but to short-term investments.
c) When a parent company holds under 50% voting shares in a
subsidiary, the following investments are still recorded to account 221
“Investments in subsidiaries” if there are other agreements:
– Other investors agree to give the parent company over 50%
voting shares;
– The parent company has influence on financial or operating
policies under agreed regulations;
– The parent company has right to assign or dismiss most of
board of directors’ members or equivalent;
– The parent company has right to vote a majority of ballots
at Board of Directors’ meetings or at equivalent management level’s meetings;
d) When buying an investment in a subsidiary in the business
combination transaction, the buyer must determine the acquisition date, the
cost of the business combination and follow accounting procedures as prescribed
in VAS “Business combination”.
dd) Accounting for investments in subsidiaries must comply
with rules prescribed in Article 40 of this Circular.
e) In case the parent company dissolves the subsidiary and
merge all assets and liabilities of the subsidiary into the parent company (the
parent company inherits all interests and liabilities of the subsidiary), the
accounting shall be done according to rules below:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– All assets or liabilities of the dissolved subsidiary
shall be recorded to balance sheet of the parent company according to fair
value on the date on which the subsidiary is merged into the parent company;
– The difference between the cost of investment in
subsidiary and the fair value of assets and liabilities shall be recorded to
financial income or financial expenses.
g) The profits shall be allocated to owners of the parent
company according to non-allocated post-tax profits under ownership of the
parent company on the consolidated financial statements. When allocating
profits in cash, the enterprise must consider following issues:
– There is enough cash flow to allocate;
– The profits from negative goodwill shall not be allocated
until disposal of the subsidiary;
– The profits from transactions related to revaluation
(differences upon re-valuation of asset contributed as capital or financial
instruments) shall not be allocated until disposal or sale of investments;
– The profits from applying equity capital method shall not
allocate until such profits are received in cash or other assets from
joint-venture companies.
d) The enterprise may not convert investments in
subsidiaries into trade securities or other investments unless such investments
are disposed leading out of control. The control right to the subsidiary shall
not consider temporary even if the enterprise has intention of disposing the
subsidiary in the future.
2. Structure and contents of account 221 – Investments in
subsidiaries
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit: Decreases in actual value of investments in subsidiaries.
Debit balance: Actual value of existing investments in subsidiaries of the
parent company.
3. Method of accounting for several major transactions
3.1. Capital contribution
a) When a parent company invests money in subsidiaries, the
following accounts shall be recorded according to amounts of investments and
directly-attributable expenses:
Dr 221 – Investments in subsidiaries
Cr 111, 112, 3411, etc.
And every type of shares at face value shall be kept records
in details (investments in subsidiaries in the form of purchase of shares).
b) Capital contribution in non-monetary assets:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– In case the book value or the residual value of the
contributed asset is smaller than re-evaluated value, the increase in asset
shall be recorded to other income as follows:
Dr 221 – Investments in subsidiaries
Dr 214 – Depreciation of fixed assets
Cr 211, 213, 217 (contributing fixed assets or investment
properties)
Cr 211, 213, 217 (contributing inventories)
Cr 711 – Other income (increase in difference of
evaluation).
– In case the book value or the residual value of the
contributed asset is greater than re-evaluated value, the decrease in asset
shall be recorded to other expenses as follows:
Dr 221 – Investments in subsidiaries
Dr 214 – Depreciation of fixed assets
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 211, 213, 217 (contributing fixed assets or investment
properties)
Cr 152, 153, 155, 156 (contributing inventories)
3.2. Purchase of capital contribution:
In this case, the cost of investment shall be determined in
accordance with VAS “Business combination”. On acquisition date, the acquirer
shall measure the cost of a business combination as the aggregate of the fair
values, on the exchange date, of assets given, liabilities incurred or assumed,
and equity instruments issued by the acquirer, in exchange for control rights
of the acquiree plus (+) any costs directly attributable to the business
combination. Concurrently, the acquirer, which is the parent company, shall
record the acquirer’s interest in the subsidiary similarly to an investment in
subsidiary.
a) If the trading in business combination is paid in cash or
cash equivalent by the acquirer, the following accounts shall be recorded:
Dr 221 – Investments in subsidiaries
Cr 111, 112, 121, etc.
b) If the trading in business combination is carried out by
the acquirer ‘share issuance:
– And issue price (according to fair value) of the share on
the exchange date is greater than face value of the share; the following
accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 4111 – Contributed capital (according to face value)
Cr 4112 – Capital surplus (positive difference between the
fair value and the face value of the share).
– And issue price (according to fair value) of the shares on
the exchange date are smaller than face value of the share, the following
accounts shall be recorded:
Dr 221 – Investments in subsidiaries (according to fair
value)
Dr 4112 – Capital surplus (negative difference between the
fair value and the face value of the share).
Cr 4111 – Contributed capital (according to face value)
– Stock floatation cost actually induced will be recorded as
follows:
Dr 4112 – Capital surplus
Cr 111, 112, etc.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When exchanging fixed assets, a decrease in fixed assets
shall be recorded as follows:
Dr 811 – Other expenses (residual value of the exchanged
fixed assets)
Dr 214 – Depreciation of fixed assets (depreciation value)
Cr 211 – Tangible fixed asset (cost).
And, an increase in other income and investments in
subsidiaries due to exchange of fixed assets shall be recorded as follows:
Dr 221 – Investments in subsidiaries (total payment)
Cr 711 – Other income (residual value of the exchanged fixed
assets)
Cr 3331 – VAT payables (account 33311) (if any).
– When dispatching goods for exchange, the following
accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 155, 156, etc.
And, an increase in investments in subsidiaries and revenues
shall be recorded as follows:
Dr 221 – Investments in subsidiaries
Cr 511 – Revenues
Cr 333 – Taxes and other payables to the State (33311).
d) If the trading in business combination is carried out by
the acquirer’s bond issuance:
– When paying by bonds at par value, the following accounts
shall be recorded:
Dr 221 – Investments in subsidiaries (according to fair
value)
Cr 34311 – Par value of bonds.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 221 – Investments in subsidiaries (according to fair
value)
Dr 34312 – Bond discounts (discount amount)
Cr 34311 – Par value of bonds
– When paying by premium bonds, the following accounts shall
be recorded:
Dr 221 – Investments in subsidiaries (according to fair
value)
Cr 34311 – Par value of bonds.
Cr 34313 – Bond premiums (premium amount).
dd) Directly-attributable expenses to business combination
such as legal services, price appraisal, etc, the following accounts shall be
recorded by the acquirer:
Dr 221 – Investments in subsidiaries
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.3. Accounting for dividends or profits which are divided
in cash or non-monetary assets (excluding receipt of dividends in shares):
a) When receiving notification of dividends or profits
divided issued by the subsidiary after investment date, the following accounts
shall be recorded:
Dr 138 – Other receivables (1388)
Cr 515 – Financial income.
When receiving dividends or profits divided, the following
accounts shall be recorded:
Dr, relevant accounts (according to fair value)
Cr 138 – Other receivables (1388)
b) When receiving notification of dividends or profits
divided before the date on which investments in subsidiaries are made, the
following accounts shall be recorded:
Dr 138 – Other receivables (1388)
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) When receiving the dividends or profits which are used
for re-evaluation of cost of investments in subsidiaries in case of evaluation
of the parent company for equitization, an increase in state capital shall be
recorded as follows:
Dr 138 – Other receivables (1388)
Cr 221 – Investments in subsidiaries
3.4. When providing additional investment in order to
convert investments in joint-venture companies or financial instruments into
investments in subsidiaries, the following accounts shall be recorded:
Dr 221 – Investments in subsidiaries
Cr 121, 128, 222, 228
Cr, relevant accounts (fair value of additional investment
amounts)
3.5. When disposing a part or total investments in
subsidiaries, the following accounts shall be recorded:
Dr, relevant accounts (fair value of collected amounts from
disposal)
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 228 – Other investments (the subsidiary becomes ordinary
investment)
Dr 635 – Financial expenses (for losses)
Cr 221 – Investments in subsidiaries (book value)
Cr 515 – Financial income (for gains).
3.6. When dissolving a subsidiary to merge all their assets
and liabilities to their parent company, a decrease in investments in
subsidiaries and assets or liabilities of the subsidiary according to the fair
value on the merging date, the following accounts shall be recorded:
Dr, accounts recording assets (according to fair value on
the merging date)
Dr 635 – Financial expenses (positive difference between
book value of the investment and the fair value of merged assets or
liabilities)
Cr, accounts recording liabilities (according to fair value
on the merging date)
Cr 221 – Investments in subsidiaries (book value)
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Article 42. Account 222 –
Investments in joint ventures or associates
1. Rules for accounting
a) This account is used to record all equity contributed
into a joint venture and an associate; recovery of invested equity in joint
ventures or associates; gains or losses from investments in the joint venture
or associate. This account shall not record transactions in the form of
business cooperation contract (BCC) which does not require a legal entity.
– A joint venture is established by joint venturers who have
joint control over financial and operating policies and it is an independent
accounting unit having legal status. The joint venture must do accounting
separately as prescribed in regulations of law on accounting in force, take
responsibility for control of assets, liabilities, revenues, other income and
expenses incurred. Each joint venturer shall receive a portion of operating
outcome of the associate according to the joint venture agreement.
– An investment shall be classified as an investment in the
associate when investors directly or indirectly hold from 20% to under 50%
voting shares of the investee without any other agreement.
b) Accounting for investments in a joint venture must comply
with rules prescribed in Article 40 of this Circular.
c) When the investor no longer has
joint control, a decrease in investments in joint ventures shall be recorded;
when the investor no longer has significant influence over associates, a
decrease in investments in associates shall be recorded.
d) Directly-attributable expenses to investments in joint
ventures or associates shall be recorded to financial expenses within a period.
dd) When
disposing, selling or recovering contributed capital in joint ventures or
associates, a decrease in contributed capital shall be recorded according to
recovered asset value.
The difference between the fair value of recovered amounts and the book value
of investments shall be recorded to financial income (gains) or financial
expenses (losses).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
2. Structure and contents of account 222 – Investments in
joint ventures or associates
Debit: Increases in investments in joint ventures or associates
Credit: Decreases in investments in joint ventures or associates due to
disposal, sale or recovery.
Debit balance: Ending balance of investments in joint ventures or
associates.
3. Method of accounting for several major transactions
3.1. When contributing joint venture capital in cash to
joint ventures or associates, the following accounts shall be recorded:
Dr 222 – Investments in joint ventures or associates Cr 111,
112.
3.2. When incurring directly-attributable expenses to
investments in joint ventures or associates (information, brokerage,
transactions investment progress), the following accounts shall be recorded:
Dr 222 – Investments in joint ventures or associates
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.3. In case the joint venturer contributes non-monetary
assets to a joint venture or an associate:
When investing inventory or fixed assets in a joint venture
or an associate, it is required to record the difference between book value
(for materials or goods) or residual value (for fixed assets) and re-evaluated
value of the contributed assets to other income or other expenses; when
receiving the contributed assets, the joint venture or associate must record an
increase in the owner’s invested equity and received asset according to
contractual price.
– In case the book value or the residual value of the
contributed asset is smaller than re-evaluated value, an increase in asset
shall be recorded to other income as follows:
Dr 222 – Investments in joint ventures or associates
Dr 214 – Depreciation of fixed assets
Cr 211, 213, 217 (contributing fixed assets or investment
properties)
Cr 152, 153, 155, 156 (contributing inventories)
Cr 711 – Other income (increase in difference of
evaluation).
– In case the book value or the residual value of the
contributed asset is greater than re-evaluated value, a decrease in asset shall
be recorded to other expenses as follows:
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 214 – Depreciation of fixed assets
Dr 811 – Other expenses (decrease in difference of
evaluation).
Cr 211, 213, 217 (contributing fixed assets or investment
properties)
Cr 152, 153, 155, 156 (contributing inventories)
3.4. Purchase of capital contribution in joint ventures or
associates:
On acquisition date, the acquirer shall measure the cost of
investments in the joint venture or associate as the aggregate of the fair
values, on the exchange date, of assets given, liabilities incurred or assumed,
and equity instruments issued by the acquirer, in exchange for control rights
of the acquiree plus (+) any costs directly attributable to the purchase of
capital contribution in the joint venture or associate.
– If the investments in the joint venture or associate are
paid in cash or cash equivalent by the acquirer, the following accounts shall
be recorded:
Dr 222 – Investments in joint ventures or associates
Cr 111, 112, 121, etc.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ And issue price (according to fair value) of the share on
the exchange date is greater than face value of the share; the following
accounts shall be recorded:
Dr 222 – Investments in joint ventures or associates
(according to fair value)
Cr 4111 – Contributed capital (according to face value)
Cr 4112 – Capital surplus (positive difference between the
fair value and the face value of the shares).
+ And issue price (according to fair value) of the share on
the exchange date is smaller than face value of the share; the following
accounts shall be recorded:
Dr 222 – Investments in joint ventures or associates
(according to fair value)
Dr 4112 – Capital surplus (negative difference between the
fair value and the face value of the share).
Cr 4111 – Contributed capital (according to face value)
+ Stock floatation cost actually induced will be recorded as
follows:
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, etc.
– If the investments in the joint venture or associate are
paid by non-monetary assets:
+ When exchanging fixed assets, a decrease in fixed assets
shall be recorded as follows:
Dr 811 – Other expenses (residual value of the exchanged
fixed assets)
Dr 214 – Depreciation of fixed assets (depreciation value)
Cr 211 – Tangible fixed asset (cost).
And, an increase in other income and investments in joint
ventures or associates due to exchange of fixed assets shall be recorded as
follows:
Dr 222 – Investments in joint ventures or associates (total
payment)
Cr 711 – Other income (residual value of the exchanged fixed
assets)
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ When dispatching goods for exchange, the following
accounts shall be recorded:
Dr 632 – Costs of goods sold
Cr 155, 156, etc.
And, an increase in investments in joint ventures or
associates and revenues shall be recorded as follows:
Dr 222 – Investments in joint ventures or associates
Cr 511 – Revenues
Cr 333 – Taxes and other payables to the State (33311).
– If the investments in joint ventures or associates are
carried out by the acquirer ‘share issuance:
+ When paying by bonds at face value, the following accounts
shall be recorded:
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 34311 – Face value of bonds.
+ When paying by discount bonds, the following accounts
shall be recorded:
Dr 222 – Investments in joint ventures or associates
(according to fair value)
Dr 34312 – Bond discounts (discount amount)
Cr 34311 – Face value of bonds.
+ When paying by premium bonds, the following accounts shall
be recorded:
Dr 222 – Investments in joint ventures or associates
(according to fair value)
Cr 34311 – Par value of bonds.
Cr 34313 – Bond premiums (premium amount).
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 222 – Investments in joint ventures or associates
Cr 111, 112, 331, etc.
3.5. When incurring attributable expenses to joint ventures
or associates within a period, such as loan interests for capital contribution
or other expenses, the following accounts shall be recorded:
Dr 635 – Financial expenses
Dr 133 – Deductible VAT (if any).
Cr 111, 112, 152, etc.
3.6. Accounting for dividends or profits:
– When receiving notification of dividends or profits
divided in cash from the joint venture or associate after the investment date,
the following accounts shall be recorded:
Dr 138 – Other receivables (1388)
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When receiving dividends or profits before the investment
date or the dividends or profits (divided in cash) are used for re-evaluation
of value of investments in joint ventures or associates in case of evaluation
of the enterprise for equitization, the following accounts shall be recorded:
Dr 112, 138.
Cr 222 – Investments in joint ventures or associates
3.7. Accounting for disposal or sale of investments in joint
ventures or associates:
Dr 111, 112, 131, 152, 153, 156, 211, 213, etc.
Dr 228 – Other investment (significant influence no longer
exists)
Dr 635 – Financial expenses (for losses)
Cr 222 – Investments in joint ventures or associates
Cr 515 – Financial income (for gains).
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 635 – Financial expenses
Dr 133 – Deductible VAT
Cr 111, 112, 331, etc.
3.9. When providing additional investment in order to the
joint venture or associate becoming a subsidiary and hold control rights, the
following accounts shall be recorded:
Dr 221 – Investments in subsidiaries
Cr 111, 112, etc.
Cr 222 – Investments in joint ventures or associates
3.10. Accounting for joint venture capital in form of land
use rights allocated by the State:
– When a Vietnamese enterprise is allocated land by the
State to participate in joint venture with foreign enterprises in form of land
use rights, water surface use rights, sea surface use rights, after receiving
decision on allocation of land issued by the State and procedures for joint
venture, the following accounts shall be recorded:
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 411 – Owner’s invested equity (state capital in details).
– In case the Vietnamese enterprise is allocated land by the
State to participate in joint venture, when transferring contributed capital:
+ When transferring joint venture capital to foreign parties
and returning land use rights to the State, the following accounts shall be
recorded:
Dr 411 – Owner’s invested equity
Cr 222 – Investments in joint ventures or associates.
+ If the party pays an asset other than land use rights to
Vietnamese party (the joint venture changes to land lease), the following
accounts shall be recorded:
Dr 111, 112, etc.
Cr 515 – Financial income.
– If the Vietnamese party transfers joint venture capital to
the foreign party and returns land use rights and changes to land lease. The
joint venture must record a decrease in land use rights and decrease in
operating capital equivalent to land use rights. The capital shall be preserved
or recorded increases depending on the following investments of the owner. Land
rents paid by that enterprise shall not include in the owner’s equity but they
shall be recorded to operating costs in the equivalent periods.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Article 43. Account 228 – Other
investments
1. Rules for accounting
a) This account is used to record current value and
increases or decreases in other investments (other than investments in
subsidiaries, investments in joint ventures or associates), such as:
– Investments in equity of other entities but not control or
joint control, or significant influence on the investee;
– Precious metals or gemstones which are not used as raw
materials for production or trading; value paintings, photographs or documents
which are not put into normal operation.
– Other investments.
The investments or capital contribution related to BBC which
does not require a legal entity shall not be recorded to this account.
b) Other investments shall be kept records in details
according to invested quantity or entities.
b) Accounting for other investments shall comply with rules
prescribed in Article 40 of this Circular.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit: Increases in other investments.
Credit: Decreases in other investments.
Debit balance: Value of other existing investments at the reporting time.
Account 228 – “Other investments” comprises 2 sub-accounts:
– Account 2281 – Investments in equity of other entities: records investments in equity
instruments which the enterprise has no right to hold control or joint control
or significant influence on the investee.
– Account 2288 – Other investments: records investments in
non-financial assets other than investment properties and others related to
investment activities recorded in other accounts. Other investments may include
precious metals or gemstones (not used as inventories), value paintings, photographs
or documents (other than items classified as fixed assets), etc, which are not
put into normal operation but they are purchased to held for capital
appreciation.
3. Method of accounting for several major transactions
3.1. When the enterprise buys shares or contributes
long-term capital but it has no right to hold control or joint control or
significant influence on the investee:
a) In case of investment in cash
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112.
b) In case of investment by non-monetary assets:
– When contributing a non-monetary asset as capital, the
following accounts shall be recorded according to re-evaluated value of
materials, goods or fixed assets:
Dr 228 – Other investments (2281)
Dr 214 – Depreciation of fixed assets (depreciation value)
Dr 811 – Other expenses (negative difference between
re-evaluated value and the book value of materials or goods or residual value
of fixed assets)
Cr 152, 153, 156, 211, 213, etc.
Cr 711 – Other income (positive difference between
re-evaluated value and the book value of materials or goods or residual value
of fixed assets)
– In case of sale of capital contribution by non-monetary
assets:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 811 – Other expenses (residual value of the exchanged
fixed assets)
Dr 214 – Depreciation of fixed assets (depreciation value)
Cr 211, 213 (cost).
And, an increase in other income and long-term investments
due to exchange of fixed assets shall be recorded as follows:
Dr 22 – Other investments (2281) (total payment)
Cr 711 – Other income (residual value of received
investment)
Cr 3331 – VAT payables (account 33311) (if any).
+ When dispatching goods for exchange, the following
accounts shall be recorded:
Dr 632 – Costs of goods sold
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
And, an increase in other investments and revenues shall be
recorded as follows:
Dr 22 – Other investments (2281) (total payment)
Cr 511 – Revenues (fair value of received investment)
Cr 333 – Taxes and other payables to the State (33311).
3.2. Accounting for dividends or profits which are divided
in cash or non-monetary assets (excluding receipt of dividends in shares):
– When receiving notification of dividends or profits
divided after the investment date, the following accounts shall be recorded:
Dr 138 – Other receivables (1388)
Cr 515 – Financial income.
– When receiving notification of dividends or profits
divided before the investment date, the following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 228 – Other investments (2281)
– When receiving the dividends or profits which are used for
re-evaluation of cost of investments in case of evaluation of the company for
equitization, an increase in state capital shall be recorded as follows:
Dr 138 – Other receivables (1388)
Cr 228 – Other investments (2281)
3.3. When the investor no longer has control or joint
control and significant influence over associates because it sells a part of
investment to subsidiary, joint venture or associate, the following accounts
shall be recorded:
Dr 111, 112, 131, etc.
Dr 228 – Other investments (2281)
Dr 635 – Financial expenses (for losses)
Cr 221, 222
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.4. Disposal or sale of other investments:
– When earning profits from sale or disposal, the following
accounts shall be recorded:
Dr 111, 112,131, etc.
Cr 228 – Other investments (book value)
Cr 515 – Financial income (sale price is greater than book
value).
– When incurring losses from sale or disposal, the following
accounts shall be recorded:
Dr 111, 112,131, etc.
Dr 635 – Financial expenses (sale price is smaller than book
value)
Cr 228 – Other investments (book value).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 221, 222.
Cr 111, 112 (additional investment)
Cr 228 – Other investments
Article 44. Accounting for BCC
1. Rules for accounting
A BCC means a cooperation contract
between two or more venturers in order to carry out specific business
activities, but it does not require establishment of a new legal entity. Those
activities may be jointly controlled by venturers under BCC (hereinafter
referred to as venturers) or controlled by one of them.
1.2. BCC may be conducted under form
of jointly controlled assets or jointly controlled operations. Contracting
parties of BCC may agree to divide revenues, products or post-tax profits.
1.3. In any cases, when receiving
money or assets from other entities in the BCC, they should be recorded to
liabilities, not be recorded to owner’s equity.
1.4. BCC in the form of jointly controlled assets
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) Each venturer may take a share of the output from the
jointly controlled assets and each bears an agreed share of the expenses
incurred.
c) A venturer must keep records in the same system of
accounting records and record in its financial statements:
– Its share of the jointly controlled assets, classified
according to the nature of the assets;
– Any liabilities that it has incurred;
– Its share of any liabilities incurred jointly with the
other venturers in the relation to the joint venture;
– Any income from the sale or use of its share of the output
of the venture, together with its share of any expenses incurred by the joint
venture;
– Any expenses that is has incurred in respect of its
interest in the joint venture.
With regard to fixed asset or
investment property which is contributed to BCC and the ownership of the
contributor is not transferred to the joint ownership of BCC venturers, the
receiver shall keep records of assets without recording any increase in assets
or business funds; the contributor shall not include a decrease in assets in
the accounting records but keep records of the places of assets.
With regard to fixed asset or
investment property which is contributed to BCC and the ownership of the
contributor is transferred to the joint ownership; during construction of
jointly controlled assets, the contributor shall include a decrease in assets
in the accounting records and the value of assets shall be recorded to
construction in progress. After putting jointly controlled assets into
operation, the venturers shall record their increases in assets in conformity
with their use purposes according to value of their assets’ shares.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) BCC in the form of jointly controlled operations is a
joint venture which does not require establishment of a new business entity.
Venturers shall fulfill obligations and exercise rights according to the BCC.
The joint venture activities may be carried out alongside other ordinary
activities of each venture.
b) Each venture shall bear its own expenses incurred from
its share in jointly controlled operations. The joint expenses (if any) shall
be divided to venturers according to the BCC
c) A BCC venturer must include in accounting records and
record in its financial statements:
– The assets of joint venture that it controls;
– The liabilities that it incurs;
– Its share of the income that it earns from the sale of
goods or services by the joint venture;
– The expenses that it incurs.
d) When any joint expenses incur, they shall be kept records.
If the BCC regulates joint expense allocation, a Table of joint expense
allocation shall be made, certified and held by every venturer (original copy).
Each venture shall account for joint expenses allocated from BCC according to
the table of joint expense allocation together with lawful original documents.
e) In the BCC regulates shares of products, a Table of
shares of products shall be made, certified quantity or specifications of
shares of products from BCC and held by every venturer (original copy). When
receiving products, the venturer must make two copies of receipt slips of
products (or delivery order); one venturer shall hold one copy. The receipt
slip of product shall be the basis for accounting records and disposal of
contracts.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1.6. BCC in the form of shares of
post-tax profits
a) BCC in the form of shares of
post-tax profits is usually in the form of jointly controlled operations or
individually controlled operations. When giving shares of post-tax profits
under BCC, all venturers shall appoint a venture to account for all
transactions in BCC, record revenues, expenses, separately keep records of
income statement of BCC and make tax declaration. When the venturers decide to
enter into BCC in above form, they must consider the risks possibly take due
to:
– Any expenses which is not included
in the taxable expense due to failure in transfer of assets among venturers,
for example:
+ Depreciation expenses incurred
from several fixed assets are not accepted by the tax authority because the
venturer fails to transfer ownership of the fixed assets to the venture in
charge of accounting and tax declaration for BCC;
+ Several expenses of the venturers
shall not be accepted by the tax authority because the input invoices do not
state the name of the venture in charge of accounting and tax declaration for
BCC;
+ Several expenses of the venturers
which are unable to transfer to the venture in charge of accounting and tax
declaration due barrier of law, for example, the venturer has an invoice of
payment of land levies, but the law does not allow that venturer re-lease their
land to the venture in charge of accounting and tax declaration, so that the
land lease expense shall not be included in the expenses of BCC.
– Risks of policies:
+ The venturer in charge of
accounting and tax declaration for BCC may incur accumulated losses, but the
output of BCC activities must generate profits. In this case, the enterprise
still be required to pay corporate income tax on BCC instead of offsetting BCC
profits against other activities’ losses; if the BCC incurs losses but other
activities generate profits, the enterprise may only offset a portion of the
loss in proportion to its share of the BCC;
+ If other venturers put their fixed
assets into operation of BCC, their depreciation expenses incurred from the
fixed assets shall not be considered deductible expenses in the enterprise
because they are not used in the enterprise’s operation (not conformity with
revenues from other operations).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the BCC regulates that other
venturers shall earn an amount of fixed profit regardless of output of BCC
activities, in this case, the legal form of the contract is BCC, but it is a
lease in the nature. In this case, the venturer in charge of accounting and tax
declaration shall has right to administrate and govern the BCC activities,
apply accounting method for lease to the contract, and include payables to
other venturers in expenses incurred from determination of output of business
within a period, in particular:
+ All revenues, expenses and
post-tax profits of BCC shall be included in their income statements; earnings
per share and financial standards shall be calculated according to total
income, expenses and post-tax profits of BCC;
+ Total post-tax profits of BCC
shall be included in the item “Undistributed post-tax profits” of the balance
sheet, financial standards related to post-tax profit ratio which is calculated
including total output of BCC.
+ Other venturers shall record their
shares of BCC to revenues from lease.
– If the BCC regulates that other
venturers of BCC may only be divided profits if the BCC activities generate
profits and they must suffer losses, in this case, even though the legal form of
BCC is post-tax profit division but the nature of BCC is division of revenues
and expenses, they usually have rights, condition and ability to jointly
control operation and cash flow of BCC. The venturer in charge of accounting
and tax declaration must apply accounting method for shares of income under BCC
to record revenues, expenses and business output within a period, and provide
evidence for tax declaration to other venturers, in particular:
+ All revenues, expenses and shares
of profits under BCC shall be included in their income statements; earnings per
share and financial indicator shall only be calculated according to the
revenues, expenses and profits stated in the income statements; the venturer in
charge of tax declaration shall provide copies of documents on fulfillment in
obligations of BCC to government budget in order to serve the tax declaration
of other venturers of BCC;
+ Undistributed post-tax profits of
the balance sheet only include shares of post-tax profit of each venturer.
+ Other venturers shall send reports
on their shares of revenues and expenses whose tax liabilities are covered
stated in the income statements to the tax authority in order to adjust their
corporate income tax payables.
2. Method of accounting for BCC in the form of jointly
controlled assets
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 211, 213, 217
Dr 133 – VAT payables (if any).
Cr 111, 112, 331, 341.
2.2. In case venturers construct jointly controlled assets
themselves or cooperate with other entities to construct the jointly controlled
assets, the following accounts shall be recorded according to actual expenses
paid by each venturer:
Dr 241 – Construction in progress (jointly controlled assets
in details)
Dr 133 – VAT payables (if any).
Cr 111, 112, 152, 153, 155, 156, 211, 213, etc.
Cr 331, 3411, etc.
2.3. When the construction works are completed and put into
operation, the venturers must make declaration and divide the value of the
jointly controlled assets. According to the report on shares of jointly
controlled asset, venturers shall determine the fair value of each asset to
keep records in accordance with regulations of law as follows:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 138 – Other receivables (un-approved and recoverable
expenses)
Dr 811 – Other expenses (if the fair value of the share of
asset is smaller than the construction expense)
Cr 241 – Construction in progress
Cr 711 – Other expenses (if the fair value of the share of
asset is greater than the construction expense)
2.4. The method of accounting for expenses or incomes borne
or earned by the venturers under BCC in the form of jointly controlled assets
and BCC which is converted into the form of jointly controlled operations shall
be applied similarly to BCC in the form of jointly controlled operations.
3. Method of accounting for BCC in the form of jointly
controlled operations.
3.1. Accounting for contributed capital of jointly
controlled operations
a) For the capital contributee
– According to the report on capital contribution of the
venturer of jointly controlled BCC, the contributee shall record as follows:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 138 – Other payables, receivables.
When returning contributed capital to venturers, reverse the
above entry. If there is any difference between the fair value of returned
asset and the value of contributed capital of venturers, such difference shall
be recorded to other income or other expenses.
– If a fixed asset is received without any transfer of
ownership, the contributee shall keep records of that asset in their
administration system and record to asset held under a trust.
b) For the capital contributor
– According to the report on capital contribution of the
venturer of jointly controlled BCC, the contributor shall record as follows:
Dr 138 – Other receivables
Cr 111, 112, 152, 155, 156, etc.
When receiving contributed capital by the contributee,
reverse the above entry. If there is any difference between the fair value of
received asset and the value of contributed capital of venturers, such
difference shall be recorded to other income or other expenses.
– If a fixed asset is received without any transfer of
ownership, the contributor shall not record a decrease in fixed assets but keep
records of that asset in their administration system and present the place
where the asset is located.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– According to relevant invoices or documents on own
expenses borne by each venture in the jointly controlled operations, the
following accounts shall be recorded:
Dr 621, 622, 627, 641, 642 (BCC in details)
Dr 133 – VAT payables (if any).
Cr 111, 112, 331, etc.
– When transferring separate expenses to add to operating
expense of BCC at the end of the accounting period, the following accounts
shall be recorded:
Dr 154 – Work in progress (BCC in details)
Cr 621, 622, 627, (BCC in details)
3.3. Accounting for joint expenses borne by every venture:
a) In the venturer bearing joint expenses:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 621, 622, 627, 641, 642 (BCC in details)
Dr 133 – VAT payables (if any).
Cr 111, 112, 331, etc.
– If the BCC regulates shares of joint expenses, a Table of
shares of joint expenses shall be made and certified by all venturers, then the
following accounts shall be recorded:
Dr 138 – Other receivables (in details for every venturer)
Cr 133 – Deductible VAT (for input VAT).
Cr 3331 – VAT payables (if all amounts of input VAT on joint
expenses are deductible, an increase in output VAT payable shall be recorded).
Cr 621, 622, 627, 641, 642.
b) In the venturer whose joint expenses incurred from BCC
are not accounted:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 621, 622, 623, 641, 642 (BCC in details)
Dr 133 – VAT payables (if any).
Cr 338 – Other payables (in details for the venturer bearing
joint expenses).
3.4. Accounting for products sharing agreement:
– When receiving shares of products from BCC and delivering
them to inventory, the following accounts shall be recorded according to
receipt slip, delivery order and relevant documents:
Dr 152 – Raw materials (if the shares of products are not
finished goods)
Dr 155 – Finished goods (if the shares of products are
finished goods)
Dr 157 – Goods on consignment (if the shares of products are
sold without delivering to inventories)
Cr 154 – Work in progress (including separate expenses and
joint expenses borne by every venturers) (BCC in details)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 621 – Direct raw materials costs
Cr 154 – Work in progress (including separate expenses and
joint expenses borne by every venturers) (BCC in details)
– If the BCC regulates assigning a venturer to sell products
instead of sharing products, after issuing invoices to the seller, transferring
separate expenses and joint expenses borne by every venturers to costs of goods
sold, the following accounts shall be recorded:
Dr 632 – Costs of goods sold
Cr 154 – Work in progress (including separate expenses and
joint expenses borne by every venturers) (BCC in details)
3.5. Accounting for revenues from sale of products in case a
venturer sells products under a trust and share revenues to other venturers:
a) For the seller:
– When selling products under the BCC, the sell must issue
invoices for all sold products and total amounts of sale of products shall be
recorded as follows:
Dr 111, 112, 131, etc.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payables (if any).
– According to provisions of the BCC
and the table of revenue allocation, the shares of revenues received by each
venture shall be recorded as follows:
Dr 338 – Other payables or receivables (BCC in details)
Cr 511 – Revenues (interests earned by the seller under
BCC).
– After comparing joint expenses borne by each venture and
shares of revenues earned by each venture, the other receivables and the other
payables shall be offset (in details for each venturer), then the following
accounts shall be recorded:
Dr 138 – Other payables, receivables.
Cr 138 – Other receivables
– When giving shares of products sold to other venturers
(other than the seller), the following accounts shall be recorded:
Dr 338 – Other payables or receivables (every venturers)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) For other venturers (other than the seller):
– According to the table of revenue allocation certified by
all venturers and documents provided by the seller, other venturers shall issue
invoices of their shares of revenues and give them to the seller and the
following accounts shall be recorded:
Dr 138 – Other receivables (including VAT if output VAT is
shared, in details for the sellers)
Cr 511 – Revenues (BCC in details and amounts of shares).
Cr 3331 – VAT payables (in case of
sharing output VAT).
– When the venturers repay for sale of products, the
following accounts shall be recorded according to the actual received amounts:
Dr 111, 112, etc. (amounts repaid by venturers)
Cr 138 – Other receivables (in details for every seller).
4. Method of accounting for BCC in the form of post-tax
profits
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) For the venturer in charge of accounting and tax
declaration for BCC
– When receiving money, materials or goods from capital
contributors, the following accounts shall be recorded:
Dr 112, 152, 156, etc.
Cr 138 – Other payables, receivables.
– When incurring revenues or expenses incurred from BCC, the
venturer in charge shall record total income or expenses similarly to their
transactions as prescribed.
– When determining amounts payable to other venturers
periodically under BCC, the following accounts shall be recorded:
Dr 627, 641, 642
Cr 138 – Other payables, receivables.
– When returning amounts of money or materials contributed
as capital, the following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 112, 152, 156, etc.
If there is any difference between the fair value of
returned asset and the value of contributed capital of venturers, such
difference shall be recorded to other income or other expenses.
b) For the venturer not in charge of accounting and tax
declaration for BCC
– When contributing capital to BCC, the following accounts
shall be recorded:
Dr 138 – Other receivables
Cr 112, 152, 156, etc.
– When receiving notification of shares of profits earned
from BCC, the following accounts shall be recorded:
Dr 138 – Other receivables
Cr 511 – Revenues (5113)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 112, 152, 156, etc.
Cr 138 – Other receivables
If there is any difference between the fair value of
received asset and the value of contributed capital of venturers, such
difference shall be recorded to other income or other expenses.
4.2. In case the venturers receive shares of profits
depending on the business output of BCC (they have rights to jointly control
BCC):
a) For the venturer in charge of accounting and tax
declaration
a1) The recording of contributed capital and returning of
contributed capital to venturers shall comply with Point 4.1.
a2) When recording revenues of BCC, total revenues included
in accounting records in account 511 shall be the basis for comparison,
explanation and determination of taxable revenues for BCC:
– Revenues for BCC shall be recorded as follows:
Dr 112, 131.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payables.
On the income statement, only shares of revenues are
included in the item “Revenues”
– Periodically, a decrease in shares of revenues for BCC,
the following accounts shall be recorded:
Dr 511 – Revenues
Dr 3331 – VAT payables (if VAT is shared).
Cr 138 – Other payables, receivables.
a3) Total expenses incurred from accounting records shall be
the basis for comparison and determination of taxable expenses of BCC:
– When incurring expenses of BCC, the following accounts
shall be recorded:
Dr 632, 641, 642, etc.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
On the income statement, only shares of revenues are
included in the item “Expenses”
– Periodically, a decrease in expenses incurred from BCC
borne by venturers, the following accounts shall be recorded:
Dr 138 – Other receivables
Cr 632, 641, 642.
– After determining the corporate income tax payables for
BCC, the venturer in charge shall notify other venturers of amounts payable and
the following accounts shall be recorded:
Dr 8211 – Expenses incurred from corporate income tax (tax
payables of the venturer in charge)
Dr 138 – Other receivables (tax payables of other venturers
in the BCC)
Cr 3334 – Corporate income tax (total corporate income taxes
payable)
– After comparing joint expenses borne by each venture and
shares of revenues earned by each venture, the other receivables and the other
payables shall be offset (in details for each venturer), then the following
accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 138 – Other receivables
b) For the venturer not in charge of accounting and tax
declaration
– When contributing capital to BCC, the following accounts
shall be recorded:
Dr 138 – Other receivables
Cr 112, 152, 156, etc.
– According to the Table of shares of joint expenses
approved by the venturers (notified by a venturer bearing joint expenses), the
following accounts shall be recorded:
Dr 621, 622, 623, 641, 642 (BCC in details)
Dr 133 – VAT payables (if any).
Cr 138 – Other payables, receivables.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 821 – Expenses incurred from corporate income tax in
force
Cr 138 – Other payables, receivables.
– According to the table of shares of revenues certified by
all venturers and documents provided by the seller, other venturers shall issue
invoices of their shares of revenues and give them to the seller and the
following accounts shall be recorded:
Dr 138 – Other receivables (including VAT if output VAT is
shared, in details for the seller)
Cr 511 – Revenues (BCC in details and amounts of shares).
Cr 3331 – VAT payables (if sharing
output VAT).
– After comparing joint expenses borne by each venture and
shares of revenues earned by each venture, the other receivables and the other
payables shall be offset (in details for each venturer), then the following
accounts shall be recorded:
Dr 138 – Other payables, receivables.
Cr 138 – Other receivables
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, etc. (amounts repaid by venturers)
Cr 138 – Other receivables (in details for every seller).
– When receiving contributed capital, the following accounts
shall be recorded:
Dr 112, 152, 156, etc.
Cr 138 – Other receivables
If there is any difference between the fair value of
received asset and the value of contributed capital of venturers, such
difference shall be recorded to other income or other expenses.
Article 45. Account 229 – Allowances
for impairment of assets
1. Rules for accounting
This account is used to record current value and increases
or decreases in allowance for impairment of assets, including:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) Allowance for impairment of investments in other
entities: means an allowance for impairment because the contributee
(subsidiaries, joint ventures or associates) suffers losses leading the
irrecoverability of the investor or allowance due to decline in investments in
subsidiaries, joint ventures or associates.
– With regard to investments in a joint venture or an
associate, the investor only create allowance due to the losses of the joint
venture or the associate if the financial statement is not applied the owner’s
equity method for investments in joint ventures or associates.
– With regard to long-term investments (other than trade
securities) not influencing significantly on the investee, the allowances shall
be carried out as follows:
+ If an investment in listed shares or the fair value of the
investment is determined reliably, the allowance shall be made according to the
market value of the shares (similarly to allowance for decline in value of
trading securities);
+ With regard to an investment whose fair value is not
identifiable at the reporting time, the allowance shall be made according to
the loss of the investee (allowance for impairment of investments in other
entities)
c) Allowance for doubtful debts: means an allowance for
receivables and other held for maturity investments which are similar to
doubtful debts.
d) Allowance for decline in inventories: means an allowance
for decline in inventories due to increases in net realizable value against
original value of inventories.
1.2. Method of accounting for allowance for decline in value
of trading securities
a) The enterprise may create allowance for the probable
impairment loss if it is evident that the market value of held for sale
securities of the enterprise decline against the book value.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) The creating or reverting of allowance for decline in
value of trading securities shall be carried out at the time in which the
financial statement is prepared:
– If the allowance for current year is higher than the
allowance in the accounting records, the enterprise shall create the additional
difference of allowance and record it to financial expenses within a period.
– If the allowance for current year is lower than the unused
allowance for previous year, the enterprise shall revert such difference and
record a decrease in financial expenses.
1.3. Method of accounting for allowance for impairments in
other entities
a) If the investee is a parent company, the investor shall
create an allowance for impairments in other entities according to the
consolidated financial statement of such parent company. If the investee is an
independent company having no subsidiary, the investor shall create an
allowance for impairments in other entities according to the consolidated
financial statement of such investee.
b) The creating or reverting of allowance for impairments in
other entities shall be carried out at the time in which the financial
statement for every investment is prepared:
– If the allowance for current year is higher than the
allowance in the accounting records, the enterprise shall create the additional
difference of allowance and record it to financial expenses within a period.
– If the allowance for current year is lower than the unused
allowance for previous year, the enterprise shall revert such difference and
record a decrease in financial expenses.
1.4. Method of accounting for allowance for doubtful
debts
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) The enterprise shall make an allowance for doubtful debts
when:
– An overdue debt under an economic contract, a loan
agreement, a contractual commitment or a promissory note has been demanded for
several times, but it is unrecoverable. The time overdue of the doubtful debt
requiring creation of the allowance shall be determined according to time in
which the principal is repaid according to the sale contract, exclusive of the
debt rescheduling between contracting parties;
– The debts are not due but the debtor is close to
bankruptcy or undergone procedures for dissolution, or the debtor is missing or
makes a getaway;
c) Requirements or bases for allowance for doubtful debts
– Original documents or promissory note of the debtor about
the outstanding debts, including: economic contracts, loan agreements,
liquidation of contract, promissory note, etc.
– The amounts of allowance for doubtful debts shall be
created as prescribed in regulations in force.
– Other requirements as prescribed in regulations of law.
d) The establishing or reverting of allowance for doubtful
debts shall be carried out at the time in which the financial statement is
prepared:
– If the amount of allowance for doubtful debts at the end
of current accounting period is greater than the allowance recorded in the
accounting records, the positive difference shall be recorded to an increase in
allowance and an increase in administrative expenses of the enterprise.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
e) With regard to doubtful debts for several years, if the
enterprise fails to collect payment of debts regardless of all measures taken
and they are bad debts, the enterprise shall sell that debts to Vietnam Asset
Management Company (VAMC) or eliminate doubtful debts account on the accounting
records. The elimination of doubtful debts account must be complied with
regulations of law and the charter of the enterprise. These doubtful debts
shall be monitored in the administration system of the enterprise and presented
in the financial statement. After elimination, if the enterprise may collect
payment of these doubtful debts, they shall be recorded to the account 711
“Other income”.
1.5. Method of accounting for allowance for decline in
inventories
a) The enterprise shall create an allowance for decline in
inventories if it is evident that there is a decrease in net realizable value
against the original cost of inventories. Allowance for decline in inventories
means an estimated amount of decline in value of inventories against book value
of inventories which is included in the operating cost in order to compensating
actual damage caused by the decline.
b) The allowance for decline in inventories shall be created
at the time in which the financial statement is prepared. The creation of
allowance for decline in inventories must be complied in accordance with VAS
“Inventories” and financial regime in force.
c) The allowance for decline in inventories shall be created
according to every inventoried material or good. With regard to services in
progress, the allowance for decline in inventories shall be created according
to every service having their own prices.
d) Net realizable value (NRV) means the estimated selling
price in the ordinary course of business minus (-) any cost to complete and to
sell the goods.
dd) When preparing financial statement, the creation of
allowance for decline in inventories shall be determined according to quantity,
original cost and NRV of every material, good or service in progress:
– If the amount of allowance for decline in inventories at
the end of current accounting period is greater than the allowance for decline
in inventories recorded in the accounting records, the positive difference
shall be recorded to an increase in allowance and an increase in costs of goods
sold.
– If the amount of allowance for decline in inventories at
the end of current accounting period is smaller than the allowance for decline
in inventories recorded in the accounting records, the negative difference
shall be recorded to a decrease in allowance and a decrease in costs of goods
sold.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit:
– Reverting negative difference between the allowance of
this period and the unused allowance of previous period;
– Compensating for investments in other entities when the
created allowance is compensated for the impairment loss.
– Compensating for the value of allowance for doubtful debts
which is eliminated due to unrecoverability.
Credit:
Creating allowances for impairment of assets at the time in
which the financial statement is prepared.
Credit balance: Ending allowance for impairment of assets.
Account 229 – Allowance for impairment of assets comprises 4
sub-accounts
Account 2291 – Allowance for decline in value of trading
securities: this
account is used to record creating or reverting of allowance for decline in
value of trading securities.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Account 2293 – Allowance for doubtful debts: This account is used to record
creating or reverting of allowance for doubtful receivables and held to
maturity investments.
Account 2294 – Allowance for decline in inventories: this account is used to record
creating or reverting of allowance for decline in inventories.
3. Method of accounting for several major transactions
3.1. Method of accounting for allowance for decline in value
of trading securities
a) When preparing a financial statement, if the allowance
created in this period is greater than the allowance created in the previous
period, the difference between them shall be additionally created according to
the variation in market value of trading securities and the following accounts
shall be recorded:
Dr 635 – Financial expenses
Cr 229 – Allowance for impairment of assets (2291).
a) When preparing a financial statement, if the allowance
created in this period is smaller than the allowance created in the previous
period, the difference between them shall be reverted according to the
variation in market value of trading securities and the following accounts
shall be recorded:
Dr 229 – Allowance for impairment of assets (2291).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) Accounting for allowance for decline in value of trading
securities of an wholly-state-owned enterprise before it is converted into a
joint-stock company: The remaining allowance for decline in value of trading
securities after compensating for the impairment loss shall be recorded to an
increase in state capital as follows:
Dr 229 – Allowance for impairment of assets (2291).
Dr 635 – Financial expenses (amounts not covered by the
allowance)
Cr 121 – Trading securities (amounts recorded to the
decrease in the enterprise’s value)
Cr 411 – Owner’s invested equity (created allowance is
greater than the impairment loss).
3.2. Method of accounting for allowance for impairments in
other entities
a) When preparing a financial statement, if the allowance
created in this period is smaller than the allowance created in the previous
period, the difference between them shall be created and the following accounts
shall be recorded:
Dr 635 – Financial expenses
Cr 229 – Allowance for impairment of assets (2292).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 229 – Allowance for impairment of assets (2292).
Cr 635 – Financial expenses
c) When the impairment loss incurs, the investments are
unrecoverable or recoverable with the cost which are lower than the original
cost, if the enterprise use the allowance for decline in value of long-term
investments to compensate for impairment losses of the long-term investment,
the following accounts shall be recorded:
Dr 111, 112, etc. (if any)
Dr 229 – Allowance for impairment of assets (2292) (created
allowance)
Dr 635 – Financial expenses (amount not covered by the
allowance)
Cr 221, 222, 228 (the original cost of investments suffering
losses)
d) The remaining allowance for decline in value of long-term
investments after compensating for the impairment loss shall be recorded to an
increase in state capital as follows when a wholly-state-owned enterprise is
converted into a joint-stock company:
Dr 229 – Allowance for impairment of assets (2292).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.3. Method of accounting for allowance for doubtful debts
a) When preparing a financial statement, if the allowance
for doubtful debts created in this period is greater than the unused allowance
for doubtful debts created in the previous period, the difference between them
shall be additionally created and the following accounts shall be recorded:
Dr 642 – General administration expenses
Cr 229 – Allowance for impairment of assets (2293).
b) When preparing a financial statement, if the allowance
for doubtful debts created in this period is smaller than the unused allowance
for doubtful debts created in the previous period, the difference between them
shall be reverted and the following accounts shall be recorded:
Dr 229 – Allowance for impairment of assets (2293).
Cr 642 – General administration expenses.
c) With regard to doubtful debts which are considered bad
debts, the elimination of debts shall be carried out in accordance with
regulations of law in force According to the decision on elimination of debts;
the following accounts shall be recorded:
Dr 111, 112, 331, 334, etc (organization or individual
subject to compensation)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 642 – General administration expenses (amounts recorded
to expenses)
Cr 131, 138, 128, 244, etc.
d) With regard to doubtful debts which are eliminated, if
they are recovered, the following accounts shall be recorded according to the
actual value of the recovered debts:
Dr 111, 112, etc.
Cr 711 – Other income.
dd) With regard to overdue debts sold at contractual prices,
the following accounts shall be recorded:
– If there is not any allowance for overdue debts, the
following accounts shall be recorded:
Dr 111, 112 (according to contractual prices)
Dr 642 – General administration expenses (impairment loss
from sale of debts)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If there is an allowance for overdue debts, but such
allowance is not enough for compensating for impairment loss from sale of debts,
the remaining loss shall be recorded to the general administration expenses as
follows:
Dr 111, 112 (according to contractual prices)
Dr 229 – Allowance for impairment of assets (2293) (created
allowance)
Dr 642 – General administration expenses (impairment loss
from sale of debts)
Cr 131, 138,128, 244, etc.
e) Accounting for allowance for doubtful debts of a
wholly-state-owned enterprise before it is converted into a joint-stock
company: The remaining allowance for doubtful debts after compensating for the
impairment loss shall be recorded to an increase in state capital as follows:
Dr 229 – Allowance for impairment of assets (2293).
Cr 411 – Owner’s invested equity.
3.4. Method of accounting for allowance for decline in
inventories
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Costs of goods sold
Cr 229 – Allowance for impairment of assets (2294).
b) When preparing a financial statement, if the allowance
for decline in inventories created in this period is smaller than the allowance
created in the previous period, the difference between them shall be converted
and the following accounts shall be recorded:
Dr 229 – Allowance for impairment of assets (2294).
Cr 632 – Costs of goods sold.
c) Accounting for allowance for decline in inventories
regarding materials or goods which are destroyed after expiry date, degraded,
deteriorates, or useless, the following accounts shall be recorded:
Dr 229 – Allowance for impairment of assets (2292)
(compensation covered by the allowance)
Dr 229 – Costs of goods sold (if the impairment loss is
greater than the allowance)
Cr 152, 153, 155, 156.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 229 – Allowance for impairment of assets (2294).
Cr 411 – Owner’s invested equity.
Article 46. Account 241 –
Construction in progress
1. Rules for accounting
a) This account is only used in a non-project management
board unit to record expenses of capital investment projects (including new
acquisition of fixed assets, new construction, repairs, improvement, extension
or refurbishment of construction), and settlement condition of capital
investment projects in those enterprises having fixed assets acquisitions,
capital investment, or major repairs of fixed assets.
Capital investment and major repairs of fixed assets of the
enterprise may be carried out under contract awarding method and or
self-constructed method. If the enterprise carries out capital investment under
self-constructed method, this account must also record expenses incurred during
construction or repair process.
Those units establishing project management board and
accounting structure shall comply with regulations in the Circular No.
195/2012/TT-BTC on guidelines for Accounting standards for investors.
b) Expenses of capital investment projects are total
necessary expenses of new construction, repairs, improvement, extension or
technical refurbishment of construction. Expenses of capital investment are
determined according to work volume, economic and technical indicators or
quotas and state policies, and in conformity with objective factors of the
market in every period and carried out with regulations in capital investment
management. Capital investment expenses include:
– Construction expenses;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Compensation, support and resettlement expenses;
– General administration expenses;
– Construction consultancy expenses;
– Other expenses.
The account 241 is kept recorded in details for each
building work, work item. Each work item must be specifically recorded every
capital investment expenses and is observed on accrual basis from the
commencement date until the date on which the building works or work items are
finished and put into operation.
c) In capital investment, construction and equipment
expenses are usually charged directly to every building work, general administration
expenses and other expenses are usually common expenses. Investors must
calculate and allocate general administration expenses and other expenses
incurred from every building work according to following rules:
– General administration expenses and other expenses related
directly to each building work shall be charged directly to that building work.
– General administration expenses and other common expenses
generally related to many building works but not charged directly to every
building work shall be allocated to every building work which is most
appropriate.
d) In case the project is finished and put into operation,
but project settlement report is not approved, the enterprise shall record an
increase in fixed assets historical cost at provisional price (provisional
price will be based on actual expenses disbursed to acquire the fixed assets)
for depreciation, but then the provisional price shall be adjusted by the
approved settlement price.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
e) The investor of property construction shall use this
account to record fixed asset construction expenses and investment property
construction expenses. In case the property is used for multiple purposes
(office, lease or sale, i.e. mixed-used building), the construction-directly attributable
expenses still be recorded to the account 241. When the building work is
completed and put into operation, the construction expenses shall be
transferred in conformity with the nature of every asset according to method of
use of asset.
g) Exchange rate differences arising from capital investment
progress shall following rules below:
Exchange rate differences before operation:
+ Regarding wholly-state-owned enterprises performing tasks
of security, national defense or macroeconomic stability, exchange rate
differences arising before the operation shall be accumulatively recorded to
the account 413 – Exchange rate differences. When the building work is put into
operation, the exchange rate differences shall be gradually allocated from
account 413 to account 515 – Financial income (in case of profits) or account
635 – Financial expenses (in case of losses). If the allocation may not expire
the regulated duration, if the exchange rate loss is recorded to Dr 413, the
income statement shall state zero profit (the enterprise may not both record
exchange rate loss to the item – Exchange differences in the balance sheet and
record post-tax profit in the income statement).
+ Regarding other enterprises, the exchange rate differences
before the operation shall be recorded to financial income (in case of profits)
or financial expenses (in case of losses), but not stated in the exchange rate
difference on the account 413.
– Regarding exchange rate differences relating to capital
investment when the enterprise put into operation (including new investment and
extension investment):
All types of enterprises, including wholly-state-owned
enterprises performing tasks of security, national defense or macroeconomic
stability, exchange rate differences arising from capital investment (including
new investment or extension investment) shall be recorded to financial income
(in case of profits) or financial expenses (in case of losses), not recorded to
exchange rate differences on the account 413.
h) If the project of investment is cancelled, the enterprise
must dispose and recover the expenses incurred from the project. The difference
between actual investment expenses and amounts collected from disposal shall be
recorded to other expenses or the compensation of the organization or
individual.
Account 241 – Construction in progress, comprise 3
sub-accounts:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Account 2412: Capital construction: records capital investment expenses
and settlement of capital expenditure. This account is kept records in
details for each building work or work item (for each asset acquired though
investment) and every capital investment expense incurred in each asset must be
kept records in details.
– Account 2413: Major repairs of fixed assets: records major repairs expenses of
fixed assets and settlement of major repairs expenses of fixed assets.
The expenses incurred in regular repairs of fixed assets shall not be
recorded to this account, but be charged directly to operating costs within a
period.
2. Structure and contents of account 241
– Construction in progress
Debit:
– Expenses incurred from capital construction,
purchase or major repairs of fixed assets (tangible fixed assets and intangible
fixed assets);
– Expenses incurred from renovation or upgrading of fixed
assets;
– Expenses incurred from sale of investment properties (in
case construction investment stage is necessary);
– Expenses incurred from capital investment properties:
– Expenses incurred after initial recording of fixed assets
or investment properties.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Value of fixed assets acquired from capital construction
investment or sale which is put into operation.
– Value of rejected works and other expenses which were
approved to be rejected and transferred when settlement report is approved.
– Value of major repairs of fixed assets which is completed
and transferred when the settlement report is approved.
– Value of investment property acquired from capital
construction which is finished.
– Transferring expenses incurred after initial recording of
fixed assets or investment properties to related accounts.
Debit balance:
– Expenses incurred from construction investment project and
major repairs of fixed assets in progress.
– Value of construction and major repairs of fixed assets
which are finished, but have not been yet put into operation or settlement
report is not yet approved.
– Value of construction of investment property in progress.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.1. Accounting for capital investment expenses
3.1.1. Advances paid to contractors
a) Advances in VND:
– When paying an advance in VND to a contractor, the
following accounts shall be recorded:
Dr 331 – Trade payables
Cr 112 – Cash in bank (1122) (weighted average book rates).
– When accepting completed the capital investment, the
construction in progress expenses for advance amounts shall be recorded as
follows:
Dr 241 – Construction in progress
Cr 331 – Trade payables.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When paying an advance in foreign currency to a contractor
according to the actual exchange rate at the payment time, the following accounts
shall be recorded:
Dr 331 – Trade payables (actual exchange rates)
Dr 635 – Financial expenses (if losses of exchange rates
incur)
Cr 112 – Cash in bank (1122) (weighted average book rates).
Cr 515 – Financial expenses (if profits of exchange rates
incur)
– When accepting completed the capital investment, the
construction in progress expenses for advance amounts in foreign currency shall
be recorded as follows according to the book exchange rates (actual exchange
rates at the payment time):
Dr 241 – Construction in progress
Cr 331 – Trade payables.
3.1.2 When receiving the completed capital investment or
repaired fixed assets from the contractor, if the input VAT is deductible, the
following accounts shall be recorded according to awarding contract, acceptance
report or sale invoice:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (1332) (if any)
Cr 331 – Trade payables.
– If the input VAT is not deductible, the value of capital
investment expenses in progress shall include VAT.
– If the awarding contract regulates that the contract is
paid in foreign currencies, the amounts payable (after deducting from advance
amounts) shall be recorded according to the actual exchange rates at the
accepting time (selling exchange rates of the commercial bank where the
enterprise regularly enters into transactions).
3.1.3. When buying capital investment equipment, if the
input VAT is deductible, the following accounts shall be recorded according to
invoices or warehouse receipt:
Dr 152 – Raw materials (VAT-exclusive prices)
Dr 133 – Deductible VAT (1332)
Cr 331 – Trade payables (total payment)
When transferring directly non-assembly equipments to
working site for the contractor, the following accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (1332)
Cr 331 – Trade payables.
Cr 151 – Goods in transit
3.1.4. When paying to the contractor, or material, good or
service suppliers related to capital construction, the following accounts shall
be recorded:
Dr 331 – Trade payables
Cr 111, 112, etc.
3.1.5. Delivering capital investment equipment to the
contractor:
a) For non-assembly equipment, the following accounts shall
be recorded:
Dr 241 – Construction in progress
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) For assembly equipment:
– When delivering capital investment equipment to the
contractor, only the assembly equipment is kept records in details.
– When receiving finished assembly volume transferred by
party B, which is accepted for payment, then value of equipment delivered for
new assembly will be charged to capital investment expenses and the following
accounts shall be recorded:
Dr 241 – Construction in progress (2412)
Cr 152 – Raw materials.
3.1.6. When incurring other expenses, such as interest
expenses, expenses incurred from capitalized bond issuance, tender expenses,
(after offsetting against amounts of money collected from sale of tender
dossiers), expenses incurred from dismantling for premises returning (after
offsetting against recoverable wastes), etc, the following accounts shall be
recorded:
Dr 241 – Construction in progress (2412)
Dr 133 – Deductible VAT (1332) (if any)
Cr 111, 112, 331, 335, 3411, 343, etc.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.1.7. When the contractor collects fines leading a decrease
in amounts payable to the contractor, the following accounts shall be recorded:
Dr 112, 331
Cr 241 – Construction in progress
3.1.8. Any exchange rate difference incurring from capital
investment (including before-operation stage) shall be recorded financial
income (in case of profits) or financial expenses (in case of losses) at the
incurring time (other than enterprises prescribed in Point 3.1.9 below):
– When incurring exchange rate profits, the following
accounts shall be recorded:
Dr, relevant accounts
Cr 515 – Financial income
– When incurring exchange rate losses, the following
accounts shall be recorded:
Dr 635 – Financial expenses
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.1.9. Regarding wholly-state-owned enterprises performing
tasks of security, national defense or macroeconomic stability, if exchange
rate differences arise before the operation (not engaged in the operation):
– When incurring exchange rate profits, the following
accounts shall be recorded:
Dr, relevant accounts
Cr 413 – Exchange rate differences
– When incurring exchange rate losses, the following
accounts shall be recorded:
Dr 413 – Exchange rate differences
Cr, relevant accounts
– When the building work is put into operation, the exchange
rate differences shall be transferred to financial income or financial
expenses, and the following accounts shall be recorded:
+ When transferring exchange rate profits, the following
accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 515 – Financial income
+ When transferring exchange rate losses, the following
accounts shall be recorded:
Dr 635 – Financial expenses
Cr 413 – Exchange rate differences
3.1.10. With regard to testing expenses and amounts of money
collected from sale of experimental products:
a) Regarding testing expenses without production of
experimental products, the following accounts shall be recorded:
Dr 241 – Construction in progress
Cr, relevant accounts
b) With regard to testing expenses and amounts of money
collected from sale of experimental products:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 154 – Work in progress
Cr, relevant accounts
– When delivering experimental products to inventory, the
following accounts shall be recorded:
Dr 1551 – Finished goods inventory
Cr 154 – Work in progress.
– When selling experimental products, the following accounts
shall be recorded:
Dr 112, 131
Cr 1551 – Finished goods inventory
Cr 154 – Work in progress (sale without inventory)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The differences between testing expenses and amounts of
money collected from sale of experimental products shall be transferred as
follows:
+ In case the testing expenses are greater than the amounts
of money collected from sale of experimental products, the positive difference
between them shall be recorded to an increase in construction in progress; the
following accounts shall be recorded:
Dr 241 – Construction in progress
Cr 154 – Work in progress.
+ In case the testing expenses are smaller than the amounts
of money collected from sale of experimental products, the negative difference
between them shall be recorded to a decrease in construction in progress; the
following accounts shall be recorded:
Dr 154 – Work in progress.
Cr 241 – Construction in progress
3.1.11. When the building work is completed and totally
accepted and put into operation: If the financial report is approved instantly,
the accounting records shall be kept according to the value of assets acquired
through investments. If the financial report is not approved, an increase in
value of the assets acquired through investment shall be recorded according to
provisional prices (provisional prices are actual expenses paid to acquire the
assets according to account 241). The following accounts shall be recorded in
above both cases:
Dr 211, 213, 217
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 241 – Construction in progress (approved prices or
provisional prices)
In case the building work is finished, but it is not
transferred for use, awaiting preparation or approval for report, it shall be
kept records to account 241 “Construction in progress” in details.
3.1.12. When the financial report on capital investment is
approved, the provisional prices shall be adjusted according to the approved
value of assets:
– If the approved value of asset acquired though capital
investment is smaller than the provisional price, the following accounts shall
be recorded:
Dr 138 – Other receivables (rejected expenses subject to
recovery)
Cr 211, 213, 217, 1557.
– If the approved value of asset acquired though capital
investment is greater than the provisional price, the following accounts shall
be recorded:
Dr 211, 213, 217, 1557
Cr, relevant accounts
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 441 – Capital expenditure funds
Cr 241 – Construction in progress (damages approved to be
rejected)
Cr 411 – Owner’s invested equity (approved value of asset)
– If the fixed asset is acquired by welfare funds and used
for welfare purpose, when the investor approves the settlement of investment
capital, an increase in the welfare fund used for fixed asset acquisitions:
Dr 3632 – Welfare fund
Cr 3533 – Welfare fund used for fixed asset acquisitions.
3.1.13. If the enterprise is an investor having project
management board to do accounting for capital investment:
a) Accounting for investor:
– When receiving the settled building work, the investor
shall record the value of building work to settled value as follows:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (if any)
Dr 111, 112, 152, 153
Cr 136 – Intra-company receivables
Cr 331, 333, etc (receiving liabilities, if any).
– When receiving the non-settled building work, the investor
shall record the value of building work to provisional value. When carry out
the settlement, the value of building work shall be adjusted according to the
approved price:
+ If the approved price is greater than the provisional
price, the following accounts shall be recorded:
Dr 211, 213, 217, 1557
Cr, relevant accounts
+ If the approved price is smaller than the provisional
price, the following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 211, 213, 217, 1557.
b) Accounting for project management board: comply with
regulations of the Circular No. 195/2012/TT-BTC dated November 15, 2012 of the
Ministry of Finance on guidelines for Accounting standards for investors and
amended documents (if any).
3.1.14. If the project of investment is canceled or revoked,
the liquidation of project and revocation of investment expenses shall be
accounted. The difference between investment expenses and amounts of money
collected from the liquidation shall be recorded to other expenses or covered
by the compensation of organization or individual, and the following accounts
shall be recorded:
Dr 111, 112, – Amounts of money collected from liquidation
of project
Dr 138 – Other receivables (compensation paid by
organization or individual)
Dr 811 – Other expenses (charged to expenses)
Cr 241 – Construction in progress
3.2. Accounting for repair of fixed assets
Repairs of fixed assets of the enterprise may be carried out
under contract awarding method and or self-constructed method.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the input VAT is deductible, the following accounts
shall be recorded:
Dr 241 – Construction in progress (2413) (VAT-exclusive
prices)
Dr 133 – Deductible VAT (1332)
Cr 111, 112, 152, 214, etc. (total payment).
– If the input VAT is not deductible, the expenses incurred
from repairs of fixed assets shall include VAT and the following accounts shall
be recorded:
Dr 241 – Construction in progress (2413) (total payment)
Cr 111, 112, 152, 214, 334, etc. (total payment).
b) When the repair is completed, if an
increase in historical cost of fixed asset may not be recorded:
Dr 623, 627, 641, 642
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 352 – Provisions (if the periodical repair expenses are
prepaid)
Cr 241 – Construction in progress (2413).
– In case upgrading of fixed assets is eligible to record an
increase in historical cost of fixed assets, the following accounts shall be
recorded:
Dr 211 – Tangible fixed asset
Cr 241 – Construction in progress (2413).
Article 47. Account 242 – Prepaid
expenses
1. Rules for accounting
a) This account is used to record
expenses actually incurred but they are related to operation output of many
accounting period and the transfer of these expenses to operating expenses of
subsequent accounting periods.
b) Types of prepaid expenses include:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Enterprise foundation expenses or advertising expenses
incurred in before-operation stage shall be is allocated for within 3 years;
– Expenses incurred from insurance
purchase (conflagration and explosive insurance, owner’s transport facilities
civil liability insurance, car body insurance, assets insurance), and
charges which the enterprise buys and pays lump sum for many accounting
periods.
– Tools and supplies, reusable packaging materials or
instruments for renting relating to operation activities in many accounting
periods;
– Prepaid loan’s expenses, such as loan’s prepaid interests
or prepaid bond’s interest at issuance time;
– Fixed assets major repairs expenses incurring one time
which are not prepaid but allocated gradually for within 3 years;
– Negative difference between selling
price and residual value of leased back fixed assets which is
financial lease;
– Negative difference between selling
price and residual value of leased back fixed assets which
operating lease;
– In case business combination does not lead to parent
company – subsidiaries relationship which creates goodwill or equitization of
state-owned enterprise creates goodwill;
– Other prepaid expenses
serving the operation of many accounting periods.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) The calculation and allocation of prepaid expenses to
operating expenses for each accounting period must be based on nature and
extent of each type of expenses to select appropriate method and criteria.
d) Each prepaid expense incurred shall be kept records in
details, and allocated to objects subject to expenses of each accounting period
and residual expenses, which have not been allocated to expenses.
dd) With regard to prepaid expenses in foreign currencies,
at the report-preparing time, if it is evident that the seller is unable to
provide goods or services and the enterprise shall definitely receive prepaid
expenses in foreign currencies, they shall be considered accounts derived from
foreign currencies and subject to re-evaluation according to the actual
exchange rates at the reporting time (buying rate of the commercial bank where
the enterprise regularly enters into transactions).
2. Structure and contents of account
242 – Prepaid expenses
Debit: Prepaid expenses incurred during a period.
Credit: Prepaid expenses included in operating expenses during a period.
Debit balance: Prepaid expenses not included in operating expenses during a
period.
3. Method of accounting for several
major transactions
a) When incurring prepaid expenses, which must be allocated
gradually to operating expenses for many accounting periods, the following
accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (if any)
Cr 111, 112, 153, 331, 334, 338, etc.
When allocating prepaid expenses to
operating expenses periodically, the following accounts shall be recorded:
Dr 623, 627, 635, 641, 642
Cr 242 – Prepaid expenses.
b) When prepaying fixed assets rent and infrastructure rent
under operating lease, which used for operation for many accounting periods,
the following accounts shall be recorded:
Dr 242 – Prepaid expenses
Dr 133 – Deductible VAT (if any)
Cr 111, 112, etc.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) With regard to tools and supplies, reusable packaging
materials or instruments for renting related to operation in many accounting
periods, when dispatching them for use or lease, the following accounts shall
be recorded:
– When dispatching them for use or lease, the following
accounts shall be recorded:
Dr 242 – Prepaid expenses
Cr 153—Tools and supplies.
– Periodically, the value of tools and supplies, reusable packaging
materials or instruments for renting shall be dispatched from inventory
according to appropriate criteria. The expenses are allocated for every
accounting period according to useful life or volume of tools and supplies,
reusable packaging materials or instruments for renting put into operation in
every accounting period. When allocating, the following accounts shall be
recorded:
Dr 623, 627, 641, 642, etc.
Cr 242 – Prepaid expenses.
d) Purchase of fixed assets and investment property under
deferred or installment payment:
– When buying tangible or intangible fixed assets or
investment property under deferred payment or installment payment, and putting
them into operation, or held to capital appreciation or for operating lease,
the following accounts shall be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (if any)
Dr 242 – Prepaid expenses (deferred interests shall equal
(=) total payment minus (-) cash price minus (-) VAT (if any))
Cr 331 – Trade payables (total payment)
– Periodically, when paying to the seller, the following
accounts shall be recorded:
Dr 331 – Trade payables
Cr 111, 112 (periodical payables include principal and
interests paid under deferred or instalment payment).
– Periodically, deferred interests or installment interests
payables are charged to expenses as follows:
Dr 635 – Financial expenses
Cr 242 – Prepaid expenses.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When transferring expenses incurred from repair of fixed
asset to prepaid expenses, the following accounts shall be recorded:
Dr 242 – Prepaid expenses.
Cr 241 – Construction in progress (2413).
– Periodically, when allocating expenses incurred from
repair of fixed asset to operating expenses during a period, the following
accounts shall be recorded:
Dr 623, 627, 641, 642, etc.
Cr 242 – Prepaid expenses.
e) The enterprise prepays interests to the lender:
– When prepaying interests, the following accounts shall be
recorded:
Dr 242 – Prepaid expenses
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Periodically, when allocating interests under schedule to
financial expenses or capitalizing such interests to the value of assets in
progress, the following accounts shall be recorded:
Dr 635 – Financial expenses (if
borrowings expenses are recorded to operating expenses during a period).
Dr 241 – Construction in progress (if borrowings expenses
are capitalized to the value of assets in progress)
Dr 627 – Construction in progress (if borrowings expenses
are capitalized to the value of assets in progress)
Cr 242 – Prepaid expenses.
g) When the enterprise issues bond at par value to mobilize
loan capital, if business prepays bond’s interests on issue date, the borrowing
expenses shall be recorded to Dr 242 (prepaid bond interests in details), and
allocated to expenses accounts.
– On the bond issue date, the following accounts shall be
recorded:
Dr 111, 112 (total amounts of money collected)
Dr 242 – Prepaid expenses (prepaid bond interests in
details)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Periodically, when allocating prepaid bond interests to
borrowings expenses of each accounting period, the following accounts shall be
recorded:
Dr 635 – Financial expenses (if borrowings expenses are
recorded to financial expenses during a period).
Dr 241 – Construction in progress (if borrowings expenses
are recorded to value of construction in progress)
Dr 627 – Factory overheads (if borrowings expenses are
capitalized to assets in progress)
Cr 242 – Prepaid expenses (prepaid bond interests in
details) (bond interests allocated during a period).
h) With regard to business combination does not lead to
parent company – subsidiaries relationship (buying net asset) and their
goodwill is created on the purchase date:
– If the trading in business combination is paid in cash by
or cash equivalents, the following accounts shall be recorded:
Dr 131, 138, 152, 153, 155, 156, 211, 213, 217, etc
(according to fair value of purchased assets)
Dr 242 – Prepaid expenses (goodwill in details)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, 121 (amounts of cash or cash equivalents paid
by the purchaser).
– If the trading in business combination is carried out by
the bond issuance of the buyer, the following accounts shall be recorded:
Dr 131, 138, 152, 153, 155, 156, 211, 213, 217, etc
(according to fair value of purchased assets)
Dr 242 – Prepaid expenses (goodwill in details)
Dr 4112 – Capital surplus (the issue price is smaller than
face price)
Cr 4111 – Owner’s invested equity (according to face value)
Cr 331, 3411…, etc (according to fair value of liabilities
and potential debts)
Cr 4112 – Capital surplus (the issue price is greater than
the face price).
i) If the exchange difference losses are not fully allocated
in the before-operation stage, the total accumulated losses shall be
transferred from account 242 to account 635 – Financial expenses to determine
the operation output during a period and the following accounts shall be
recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 242 – Prepaid expenses.
k) When the assets are undergone physical inventory count at
the time in which the enterprise is evaluated for equitization of
wholly-state-owned enterprise, if the prepaid land rents not meet recognition
of intangible fixed asset criteria, an increase in state capital shall be
recorded as follows:
Dr 242 – Prepaid expenses
Cr 411 – Owner’s invested equity.
l) When the assets are undergone physical inventory count at
the time in which the enterprise is evaluated for equitization of
wholly-state-owned enterprise, if the actual value of state capital is greater
than their book value, the difference between them shall be recorded to
goodwill as follows:
Dr 242 – Prepaid expenses
Cr 411 – Owner’s invested equity.
m) The goodwill creating when equitization of state-owned
enterprise is carried out shall be recorded to account 242 and allocated for within
3 years and the following accounts shall be recorded:
Dr 642 – General administration expenses
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Article 48. Account 243 – Deferred
tax assets
1. Rules for accounting
a) This account is used to record current value, and increases
or decreases of deferred tax assets.
Deferred tax asset
=
Deductible temporary
difference
+
Deductible value
transferred to subsequent year of unused taxable losses or preferred taxes
x
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
When recording a deferred tax asset, if the change in
enterprise income tax rates in the future has been known and the deferred tax
asset is reverted when the new tax rates have been taken effect, the new tax
rates shall be applied to the deferred tax assets.
b) Tax basis of an asset or a liability and temporary
difference:
– The tax basis of assets is the value deducting from
taxable income when recovering the book value of the assets. If the income is
not subject to taxes, the tax basis of the asset shall equal book value of such
asset. The tax basis of a liability equals (=) its book value minus (-) value
to-be deducted from taxable income when the liability is paid in future
periods. The tax basis of an unearned revenue shall equal (=) its book value
minus (-) value of non-taxable revenue in the future periods.
– Temporary difference equals (=) book value of the asset or
liability in the balance sheet minus (-) the tax basis of such asset or
liability. Temporary differences include: deductible temporary difference and
taxable temporary difference. Deductible temporary difference means an
temporary difference arising deductible amounts when determining taxable income
in future when the book value of asset items are recovered or liabilities are
paid.
+ Temporary difference in time is a type of temporary
difference, for example: if the book profits recorded in this accounting period
but the taxable income is recorded in another accounting period.
+ A temporary difference between book value of an asset or a
liability and the tax basis of such asset or liability cannot be a temporary
difference in time, for example: When an asset is re-evaluated, the book value
of that asset changes but its tax basis does not change, a temporary difference
shall arise. However, the recovering time of the book value and the tax basis
does not change, so that such temporary difference is not a temporary
difference in time.
+ Because the time in which the asset or the liability must
be recovered or such asset or liability is offset against taxable income is
limited, when determining deferred tax, the term “Permanent difference” shall
not be used to distinguish temporary difference.
c) If the enterprise estimates that it is definite to earn
taxable future profits to use the deductible temporary difference, taxable losses
and unused preferential tariff treatment, deferred tax assets shall be recorded
relating to:
– Deductible temporary differences (other than temporary
difference arising from initial recognition of the asset or liability paid for
a transaction other than business combination transactions; and do not affect
to accounting profits and taxable income (or taxable losses) at the transaction
time).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) At year-end, the enterprise must prepare “Statement of
deductible temporary difference determination”, “Statement of deductible unused
temporary difference observation”, the deductible value transferred to
subsequent year of unused taxable losses and preferred taxes shall be the basis
to prepare “Statement of deferred tax asset determination”, to determine value
of deferred tax assets recognized or reverted during a year.
dd) The recognition of deferred tax asset in a year shall be
carried out by offsetting deferred income tax assets arisen this year against
business income tax assets recognized in previous years, but they are reverted
in this year according to the following rules:
– If the deferred tax assets arisen during a year are greater
than deferred tax assets reverted during the year, the difference between them
shall be recognized as deferred tax assets and a decrease in deferred tax
expenses shall be recorded.
– If the deferred tax assets arisen during a year are
smaller than deferred tax assets reverted during the year, the difference
between them shall be recognized as a decrease in deferred tax assets and an
increase in deferred tax expenses shall be recorded.
e) When the taxable losses or preferential tariff treatment
are used and deductible temporary difference no longer have influence on
taxable profits (when assets are recovered or liabilities are paid partly or
totally), the deferred tax assets must be reverted.
g) When preparing financial statements, if the enterprise
estimates that it is definite to earn taxable future profits, the deferred tax
assets not recognized in the previous years shall be recorded to a decrease in
deferred tax expense.
h) The offsetting between deferred tax assets and deferred
tax payables shall be carried out only if the balance sheet is prepared, not
when the deferred tax assets are recorded on the accounting records.
2. Structure and contents of account 243 – Deferred tax
assets
Debit: Increases in value of deferred tax assets.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit balance: Balance of value of deferred tax assets at the end of
period.
3. Method of accounting for several major transactions
a) If the deferred tax asset arisen during a year is greater
than the deferred tax asset reverted during the year, the positive difference
between the deferred tax asset arisen and the deferred tax asset reverted
during a year shall be recorded to value of deferred tax assets as follows:
Dr 243 – Deferred tax assets
Cr 8212 – Deferred tax expenses.
b) If the deferred tax asset arisen during a year is smaller
than the deferred tax asset reverted during the year, the negative difference
between the deferred tax asset arisen and the deferred tax asset reverted
during a year shall be recorded to a decrease in deferred tax assets as
follows:
Dr 8212 – Deferred tax expenses.
Cr 243 – Deferred tax assets
Article 49. Account 244 – Pledges,
mortgages or deposits
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) This account is used to record a sum of money or
something valuable that the enterprise uses for pledge, mortgage or deposit
purpose in other enterprises or organizations in economic relation as
prescribed.
b) The amounts of money or assets which are used for pledge,
mortgage and deposit purpose shall be observed and promptly recovered after the
agreement on pledge, mortgage or deposit expires. In case deposits which the
enterprise is paid back are overdue to recover, the enterprise may create
allowance for them similarly to doubtful debts.
c) The enterprise must keep track of pledges, mortgages or
deposits according to each type, entity, term or currency. When preparing a
financial statement, the amounts whose remaining term is less than 12 months
shall be classified as short-term assets; These amounts whose remaining term is
above 12 months shall be classified as long-term assets.
d) The assets used for pledge, mortgage or deposit purpose
shall be recorded to the book value of the enterprise. The same price of a
non-monetary asset used for pledge, mortgage or deposit purpose shall be
recorded when it is dispatched from or delivered to inventory. If there are
deposits in cash or cash equivalents which are paid back in foreign currencies,
they shall be re-evaluated according to actual exchange rates on the date on
which the financial statement is prepared (buying rate of the commercial bank
where the enterprise regularly enters into transactions). Collaterals in the
form of Certificates of ownership (i.e. property) shall not be recorded to a
decrease in assets but they shall be kept records in the accounting records in
details (collaterals in details) and presented in the financial statement.
2. Structure and contents of account 244 – Pledges,
mortgages and deposits
Debit:
– Value
of collaterals or cash deposits.
– Exchange rate differences due to re-evaluation of balance
of deposits which are paid back in foreign currency at the reporting time (if
the foreign currency rate rises against VND).
Credit:
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Deducted (fined) from cash deposits shall be charged to
other expenses;
– Exchange rate differences due to re-evaluation of balance
of deposits which paid back in foreign currency at the reporting time (if the
foreign currency rate falls against VND).
Debit balance: Value of collaterals or cash deposits which are still under
pledge, mortgage or deposit agreement.
3. Method of accounting for several major transactions
a) When using cash or cash in bank for deposit purpose, the
following accounts shall be recorded:
Dr 244 – Pledge, mortgages and deposits
Cr 111, 112.
b) When using a fixed asset for pledge purpose, the
following accounts shall be recorded:
Dr 244 – Pledge, mortgages and deposits (residual value)
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 211, 213 (historical cost).
If documents (certificate of ownership of land or property)
are used for mortgage, they shall not be recorded to this account but they are
not kept records in details.
c) When using other assets for pledge or mortgage purpose,
the following accounts shall be recorded:
Dr 244 – Pledge, mortgages and deposits (in details)
Cr 152, 155, 156, etc.
d) Receiving collaterals or cash deposits:
– When receiving cash deposits, the following accounts shall
be recorded:
Dr 111, 112.
Cr 244 – Pledge, mortgages and deposits.
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 211, 213 (historical cost of the fixed assets used for
pledge purpose).
Cr 244 – Pledge, mortgages and deposits (residual value)
Cr 214 – Depreciation of fixed assets (depreciation value)
– When receiving other assets used for pledge or mortgage
purpose, the following accounts shall be recorded:
Dr 152, 155, 156, etc.
Cr 244 – Pledge, mortgages and deposits (in details)
dd) If the enterprise fails to fulfill their commitment and
faces fines for violations against the contract which are deducted from their
cash deposits, the following accounts shall be recorded:
Dr 811 – Other expenses (deducted amount)
Cr 244 – Pledge, mortgages and deposits.
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 331 – Trade payables
Cr 244 – Pledge, mortgages and deposits.
g) When preparing a financial statement, if the deposits
which are paid back derived from foreign currencies, they shall be evaluated
according to actual exchange rates on the date on which the financial statement
is prepared:
– If the foreign currency rate rises against VND, the
following accounts shall be recorded:
Dr 244 – Pledge, mortgages and deposits
Cr 413 – Exchange rate differences (4131).
– If the foreign currency rate falls against VND, the
following accounts shall be recorded:
Dr 413 – Exchange rate differences (4131).
Cr 244 – Pledge, mortgages and deposits.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1. Liabilities of an enterprise must be kept records in
details according to payment schedule, creditor, type of currency and other
factors according to requirements of the enterprise.
2. Liabilities shall be classified into trade payables,
intra-company payables and other payables according to following rules:
a) Trade payables include commercial amounts payable arisen
from purchase of goods, services or asset and the seller is independent with
the buyer, including amounts payables between parent company and subsidiaries,
joint ventures or associates). Amounts payable include amounts payable when
importing through the trustee (in the import trust transaction);
b) Intra-company payables include amounts payable between
parent company and dependent accounting subsidiaries having no legal status;
c) Other payables include non-commercial amounts payable, or
amounts payable relating to trading in goods or services:
– Payables relating to financial expenses, such as:
interests payable, dividends payable and profits payable, financial investment
expenses payable;
– Payables paid by another party; payables which the trustor
receives from relevant entities to pay for import-export trust transactions;
– Non-commercial payables, such as: borrowings payable,
fines payable, compensation payable, assets in surplus awaiting resolution,
payables related to social insurance, health insurance, unemployment insurance,
or union funds, etc.
3. When preparing a financial statement, the amounts payable
shall be classified into long-term payables or short-term payables according to
their remaining terms.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
5. When preparing the financial statement, these amounts
payable meeting definition of accounts derived from foreign currencies (refer
to account 413 – Exchange rate differences) for re-valuation at the ending of
accounting period.
Article 51. Account 331 – Trade payables
1. Rules for accounting
a) This account is used to record payment of liabilities of
an enterprise to the sellers of materials, goods or suppliers of services,
sellers of fixed assets, investment properties or financial investment under
concluded business contracts. This account is used to record the payment of
liabilities to main contractors or sub contractors. The buy in cash shall not
be recorded to this account.
b) Liabilities to sellers, providers or contractors shall be
kept records in details for every entity. This account also records prepayment
to the sellers, providers or contractors but the goods, services or
constructions have not been received.
c) The enterprise must keep records of trade payables in
details for each type of currency. With regard to trade payables in foreign
currencies, the rules below shall be followed:
– When incurring trade payables (Cr 331) in foreign
currencies, those payables shall be converted into VND according to actual
exchange rates at the incurring time (selling exchange rate of the commercial
bank where the enterprise regularly enters into transactions). With regard to
prepayment to contractors or sellers, when it is qualified to record assets or
expenses, the Cr 331 shall apply specific identification bookkeeping rate for
the amounts of prepayment.
– When paying trade payables (Cr 331) in foreign currencies,
those payables shall be converted into VND according to specific identification
bookkeeping rates for every creditor (if the creditor has multiple transactions
the specific identification bookkeeping rate shall be determined according to
mobile weight average of such transactions). When entering into a transaction
in prepayment to contractors or sellers, the Dr 331 shall be applied actual
exchange rates (selling rates of the commercial bank where the enterprise
regularly enters into transactions) at the time in which the prepayment given;
– The enterprise must re-evaluate trade payables derived
from foreign currencies on the dates on which the financial statements are
prepared as prescribed. Actual exchange rates determined when the trade
payables are re-evaluated is selling rates of the commercial bank where the
enterprise regularly enters into transactions on the date on which the
financial statement is prepared. Units in a group shall apply a common rate
defined by the parent company (provided that it closes to the actual exchange
rates) to re-evaluate trade receivables derived from foreign currencies arising
from transactions of internal group.
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
dd) At the end of a month, if there has not been invoices of
received materials, goods or services, provisional prices may be used for
bookkeeping, when those invoices are received, the prices must be adjusted and
the seller shall be notified the official prices.
e) When those accounts are accounted in details, if the
payment discounts, trade discounts or sales rebates of the seller or the
supplier are not recorded in the sales invoices, they must be kept records in
details.
2. Structure and contents of account 331 – Trade payables
Debit:
– Amounts paid to sellers, suppliers or contractors;
– Prepayment to sellers, suppliers, contractors but
materials, goods, services and constructions are not received;
– Amounts of sales approved by sellers;
– Payment discounts and trade discounts which the sellers
approve for enterprises to deduct from trade payables;
– Value of materials or goods in shortage or inferior
quality which are received back by the sellers.
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit:
– Amounts payable to sellers, suppliers or contractors;
– Adjustment of negative difference between provisional
price and actual price of amount of materials, goods and services when the
invoice or notification of official price is received.
– Re-evaluation of trade payables in foreign currencies (if
the foreign currency rate rises against VND).
Credit balance: Outstanding balance payable to sellers, suppliers or
contractors.
This account may have a Debit balance. Debit balance (if
any) records prepayment to sellers or payment in excess of payables to sellers,
according to every specific subject. When preparing the balance sheet,
detailed balance of every subject reflected in this account will be taken to
record to “Assets” and “Capital” account.
3. Method of accounting for several major transactions
3.1. When purchasing materials or goods without payment for inventory using
perpetual inventory method or purchasing fixed assets:
a) Domestic purchase:
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TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 152, 153, 156, 157, 211, 213 (VAT-exclusive prices)
Dr 133 – Deductible VAT (1331)
Cr 331 – Trade payables (total payment).
– If the input VAT is not deductible, the value of
materials, goods or fixed assets shall include VAT (total payment).
b) Import:
– Value of imported goods, including special excise tax,
export duty or environmental protection tax (if any) shall be recorded as
follows:
Dr 152, 153, 156, 157, 211, 213
Cr 331 – Trade payables
Cr 3332 – Special excise tax (if any)
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 33381 – Environmental protection tax
– If the input VAT is deductible, the following accounts
shall be recorded:
Dr 133 – Deductible VAT (1331)
Cr 3331 – VAT payables (33312).
3.2. When purchasing materials or goods without payment for inventory using
periodical inventory method:
a) Domestic purchase:
– If the input VAT is deductible, the following accounts
shall be recorded:
Dr 611 – Purchase (VAT-exclusive prices)
Dr 133 – Deductible VAT
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the input VAT is not deductible, the value of materials
or goods shall include VAT (total payment)
b. Import:
– Value of imported goods, including special excise tax,
export duty or environmental protection tax (if any) shall be recorded as
follows:
Dr 611 – Purchase
Cr 331 – Trade payables
Cr 3332 – Special excise tax (if any)
Cr 3333 – Import – export duty (in details, if any)
Cr 33381 – Environmental protection tax
– If the input VAT is deductible, the following accounts
shall be recorded:
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…
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payables (33312).
3.3. If the enterprise carries out
capital investment under contract awarding and receives completed construction
from the contractor, according to awarding contract and transfer note of
completed construction:
– If the input VAT is deductible, the following accounts
shall be recorded:
Dr 241 – Construction in progress (VAT-exclusive prices)
Dr 133 – Deductible VAT
Cr 331 – Trade payables (total payment).
– If the input VAT is not deductible, the value of capital
investment shall include VAT (total payment)
3.4. When paying advance or paying trade payables to sellers, providers or
contractors, the following accounts shall be recorded:
Dr 331 – Trade payables
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When paying to the contractor in foreign currencies, those
payables shall be converted into VND according to actual exchange rates at the
incurring time (selling exchange rate of the commercial bank where the
enterprise regularly enters into transactions).
– When paying an advance to the contractor in foreign
currency, the value of capital investment shall be recorded corresponding to
the amount of advance according to actual exchange rates at the time in which
the advance is given. The outstanding balance payable of capital investment
(after deducted from the advance) shall be recorded to actual exchange rates at
the incurring time.
Dr 331 – Trade payables (actual exchange rates)
Dr 635 – Financial expenses (if the actual exchange rate is
smaller than bookkeeping rate of the cash account)
Cr 111, 112, etc. (bookkeeping rate)
Cr 515 – Financial income (if the actual exchange rate is
greater than bookkeeping rate of the cash account)
3.5. When receiving back the advance from the seller because the seller fails
to sell goods or provide services, the following accounts shall be recorded:
Dr 111, 112, etc.
Cr 331 – Trade payables.
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the input VAT is deductible, the following accounts
shall be recorded:
Dr 156 – Goods (1562)
Dr 241 – Construction in progress
Dr 242 – Prepaid expenses
Dr 623, 627, 641, 642, 635, 811
Dr 133 – Deductible VAT (1331) (if any)
Cr 331 – Trade payables (total payment).
– If the input VAT is not deductible, the value of services
shall include VAT (total payment)
3.7. When receiving payment discounts on sale of materials or goods due to
prepayment and deducting trade payables, the following accounts shall be
recorded:
…
…
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 515 – Financial income.
3.8. When purchased materials and goods are returned or eligible for sales
rebates because they do not meet specification and quality, they shall be
deducted from trade payables and the following accounts shall be recorded:
Dr 331 – Trade payables
Cr 133 – Deductible VAT (1331) (if any)
Cr 152, 153, 156, 611, etc.
3.9. In case liabilities paid to sellers (creditors) who were not found out
or they did not call loans, the debts shall be recorded as an increase in
enterprises’ income as follows:
Dr 331 – Trade payables
Cr 711 – Other income.
3.10. When determining value of construction volume payables to
subcontractors, according to the contract signed between main contractor and
sub contractor, invoices, voucher of project price, acceptance report of
completed construction volume and sub bidding contract, the following accounts
shall be recorded:
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (1331)
Cr 331 – Trade payables (total payables to the
subcontractor, including input VAT).
3.11. Enterprises which are commission agents for sale at fixed prices.
– When receiving goods for wholesale, the enterprise shall
report them in the financial statement.
– When receiving wholesale goods, the following accounts
shall be recorded:
Dr 111, 112, 131, etc. (total payment)
Cr 331 – Trade payables (agency prices + taxes).
And the enterprise shall report sold goods for wholesale in
the financial statement.
– When determining commission earned by the agent who is
charged to commission revenue for wholesale, the following accounts shall be
recorded:
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…
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 511 – Revenues
Cr 3331 – VAT payables (if any).
– When paying to consignor, the following accounts shall be
recorded:
Dr 331 – Trade payables (selling prices – taxes).
Cr 111, 112, etc.
3.12. Accounting for trade payables at the import trustor:
– When prepaying an amount for import entrustment contract
to the import trustee to open L/C, etc, the following accounts shall be
recorded according to relevant documents:
Dr 331 – Trade payables (every trustee in details)
Cr 111, 112, etc.
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When paying for imported goods and directly-attributable
expenses incurred from imported goods to the trustee, the following accounts
shall be recorded according to relevant documents:
Dr 331 – Trade payables (every trustee in details)
Cr 111, 112, etc.
– Import entrustment fees paid to the trustee shall be
recorded to value of imported goods; the following accounts shall be recorded
according to relevant documents:
Dr 151, 152, 156, 211, etc.
Dr 133 – Deductible VAT
Cr 331- – Trade payables (every trustee in details)
– The payment of tax liability for imported goods shall
comply with regulations of account 333 – Taxes and other payables to the State.
– The trustee may not use this account to record payment of
entrustment but record to account 138 and 338.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the foreign currency rate falls against VND, the
following accounts shall be recorded:
Dr 331 – Trade payables
Cr 413 – Exchange rate differences (4131).
– If the foreign currency rate rises against VND, the
following accounts shall be recorded:
Dr 413 – Exchange rate differences (4131).
Cr 331 – Trade payables.
Article 52. Account 333 – Taxes and
other payables to the State
1. Rules for accounting
a) This account is used to record relation between
enterprises and State about taxes, fees, charges and other payables, payment
and outstanding payables to State budget in the fiscal year.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) The nature of indirect taxes including VAT (including
using credit-invoice method or subtraction method), special excise tax, export
duty, environmental protection tax and other indirect taxes is receipts on
behalf of a third party. Therefore, these indirect taxes are eliminated from
revenues stated in the financial statement or other statements.
The enterprise may record revenues and indirect taxes
payable in the accounting records following one in two methods below:
– The indirect taxes payable (including VAT payable using
subtraction method) shall be separately recorded at the time in which the
revenues are recorded. In this method, the revenues included in accounting
records shall not include indirect taxes payable, in conformity with figures of
revenues stated in the financial statement and reflected the nature of the
transaction.
– The indirect taxes payable shall be recorded as a decrease
in revenues in the accounting records. In this method, a decrease in revenues
for indirect taxes payable shall be recorded periodically, the figures of
revenues stated in the accounting record are different from the revenues stated
in the financial statement.
In any cases, the item “Revenues” and “Revenue
deductions” of the income statement shall not include indirect taxes payable.
d) Regarding taxes eligible for refund or deduction, it is
required to distinguish these taxes are paid in purchase process or sale
process and follow rules below:
– Regarding those taxes paid into purchase process eligible
for refund (i.e. temporary import transaction: special excise tax, import duty,
environmental protection tax which are paid shall be refunded the goods are
re-exported, etc), a decrease in value of goods purchased or a decrease in
costs of goods sold or other expenses. If the input VAT is eligible for refund,
a decrease in deductible VAT shall be recorded;
– Regarding taxes paid in import process but imported goods
are not under ownership of the enterprise, if they are eligible for refund, a
decrease in other receivables shall be recorded (i.e. paid import duty on
processed goods which is refunded when the goods are re-exported, etc);
– Regarding taxes payable for sale of goods or services
which are eligible for deduction or refund, they shall be recorded to other
income (i.e. refund of export duty, deduction in special excise tax, VAT,
environmental protection tax payable for sale of goods or services).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– In export-import entrustment transactions (other similar
transactions), the trustor shall take over liability for government budget
– The trustor shall provide services including document
preparation, declaration, and payment to government budget (taxpayer on behalf
of the trustor).
– Account 333 is only used by the trustor not the trustee.
The trustee shall record taxes payable to government budget as expenses on
behalf of a third party in the account 3388 and receive the amounts paid on
behalf of the trustor to account 138. The liability of the trustor for
government budget shall be reflected according to:
+ When receiving notification of taxes payable, the trustee
shall transfer all documents, materials or notification of taxes payable issued
by the competent agency to the trustor to record the taxes payable to account
333.
+ According to payment slip to government budget of the
trustee, the trustor shall record a decrease in payables to the government
budget.
e) Each tax, fee, charge and other amounts payable, paid
amounts and outstanding amounts payable shall be keep records in details.
2. Structure and contents of account 333 – Taxes and other
payables to the State
Debit:
– Deductible VAT during a period;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Taxes deducted from taxes payables;
– VAT of sales returns and sales rebates.
Credit:
– Output VAT and VAT on import goods payable;
– Taxes, fees, charges and other payables to the government
budget;
Credit balance:
Taxes, fees, charges and other payables to the government
budget;
In particular case, Account 333 may have the debit balance.
Debit balance (if any) of Account 333 reflects tax payments and other payments
greater than taxes and payables to State, or may reflect the paid taxes
eligible for exemption, deduction or refund, but the refund has not been made.
Account 333 – Taxes and other payables to the State,
comprises 9 sub-accounts:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Account 3331 comprises 2 sub-accounts:
+ Account 33311 – output VAT: Recording amount of output VAT,
output deductible VAT, VAT on sales return or sales rebates, VAT payable, paid
VAT and outstanding VAT payable of products, goods or services rendered during
a period.
+ Account 33312 – VAT on imported goods: Recording amounts payable, paid
amounts and outstanding amounts payable of VAT on imported goods to government
budget.
– Account 3332 – Special excise tax: Recording amounts payable, paid
amounts and outstanding amounts payable of special excise tax to government
budget.
– Account 3333 – Export-import duty: Recording amounts payable, paid
amounts and outstanding amounts payable of export-import duty to government
budget.
– Account 3334 – Enterprise income tax: Recording amounts payable, paid
amounts and outstanding amounts payable of enterprise income tax to government
budget.
– Account 3335 – Personal income tax: Recording amounts payable, paid
amounts and outstanding amounts payable of personal income tax to government
budget.
– Account 3336 – Natural resource tax: Recording amounts payable, paid
amounts and outstanding amounts payable of natural resource tax government
budget.
– Account 337 – Land tax and land rent: Recording amounts payable, paid
amounts and outstanding amounts payable of land tax and land rent to government
budget.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ Account 33381: environmental protection tax: Recording amounts payable, paid
amounts and outstanding amounts payable of environmental protection tax;
+ Account 33382: Other taxes: Recording amounts payable, paid
amounts and outstanding amounts payable of other taxes. Every tax shall be kept
records in sub-accounts in details.
– Account 3339 – Fees, charges and other payables: Recording amounts payable, paid
amounts and outstanding amounts payable of fees, charges and other payables to
State other than amounts recorded to accounts 3331 through 3338. This account
also reflects government grants (if any).
3. Method of accounting for several
major transactions
3.1. VAT payable (3331)
3.1.1. Accounting for output VAT (Account 33311)
a) Accounting for output VAT payable using credit-invoice
method:
When issuing a VAT invoice and paying VAT using
credit-invoice method, the income shall be recorded according to VAT-exclusive
prices (VAT payable shall be recorded separately at the issuing time) as
follows:
Dr 111, 112, 131 (total payment)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payable (33311).
b) Accounting for output VAT payable using subtraction
method:
One of two methods below shall be chosen:
– Method 1: VAT payable is recorded separately when issuing
invoices in accordance with above Point a;
– Method 2: Recording income including VAT payable using
subtraction, when determining VAT payable periodically, a decrease in income
shall be recorded:
Dr 511, 515, 711
Cr 3331 – VAT payable (33311).
c) When paying VAT to the government budget, the following
accounts shall be recorded as follows:
Dr 3331 – VAT payable
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.1.2. Accounting for VAT on imported goods (33312)
a) When importing materials, goods, tangible fixed assets,
import VAT payable, total payment and value of materials, goods, tangible fixed
assets imported (excluding VAT of import goods) shall be recorded as follows:
Dr 152, 153, 156, 211, 611, etc.
Cr 333 – Taxes and other payables to the State (3333)
Cr 111, 112, 331, etc.
b) Recording VAT payable on imported goods:
– When deducting VAT payable on imported goods, the
following accounts shall be recorded as follows:
Dr 133 – Deductible VAT
Cr 3331 – VAT payable (33312).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 152, 153, 156, 211, 611, etc.
Cr 3331 – VAT payable (33312).
c) When paying VAT to the government budget actually, the
following accounts shall be recorded as follows:
Cr 3331 – VAT payable (33312).
Cr 111, 112, etc.
d) Import entrustment (applying for the trustor)
– When receiving notification of VAT payable on imported
goods from the trustee, the trustor shall record deductible VAT payable on
imported goods as follows:
Dr 133 – Deductible VAT
Cr 3331 – VAT payable (33312).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payable (33312).
Cr 111, 112 (if the trustee receives cash instantly)
Cr 3388 – Other payables (if the VAT on imported goods is
not paid instantly to the trustee)
Cr 138 – Other payables (a decrease in the advance paid to
the trustee for payment of VAT on imported goods)
– The trustee does not record the VAT payable on import
goods similarly to the trustor, that VAT shall be recorded as VAT paid on
behalf of the trustor and the following accounts shall be recorded as follows:
Dr 138 – Other payables (collecting the VAT paid on behalf
of the trustor)
Dr 3388 – Other payables (deducting from received amounts
from the trustor)
Cr 111, 112.
3.1.3. Accounting for deductible VAT
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payable (33311).
Cr 133 – Deductible VAT.
– When a transaction takes place, if it fails to determine
that the input VAT on goods or services is whether or not deductible, all input
VAT shall be recorded to account 133. Periodically, when determining the VAT
not deductible from output VAT, it shall be recorded relevant expenses as
follows:
Dr 632 – Costs of goods sold (non-deductible input VAT of
inventory sold)
Dr 641, 642 (non-deductible VAT of sales expenses or
enterprise administration expenses)
Cr 133 – Deductible VAT.
3.1.4. Accounting for deduction in VAT payable
If the enterprise is eligible for deduction in VAT payable,
such VAT shall be recorded to other income as follows:
Dr 33311 – VAT payable (if deduction in VAT payable)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 711 – Other income.
3.1.5. Accounting for refund of input VAT
If the enterprise is eligible for VAT refund as prescribed
in regulations of law because the input VAT is greater than the output VAT, the
following accounts shall be recorded as follows:
Dr 111, 112.
Cr 133 – Deductible VAT.
3.2. Special excise tax (3332)
3.2.1. Rules for accounting
– This account is used by the special excise taxpayer as
prescribed. In the export-import entrustment, this account is used by the
trustor, not by the trustee.
– Enterprises selling goods subject to special excise tax
shall record their revenues excluding special excise tax. At the time recording
income, if it fails to separate the special excise tax payable, the revenue
shall be recorded including such tax, but the special excise tax payable shall
be recorded as a decrease in revenue periodically. In any cases, the item
“Revenues” and “Revenue deductions” in the income statement shall not include
special excise tax payable when selling goods or providing services.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Accounting for special excise tax eligible for refund or
deduction:
+ If the special excise tax paid for import of goods or
services is eligible for refund, a decrease in costs of goods sold (goods
dispatched for sale) or a decrease in value of goods (goods dispatched for
loans or borrowings, etc) shall be recorded;
+ If the special excise tax paid for import of fixed assets
is eligible for refund, a decrease in other expenses (sale of fixed assets) or
a decrease in historical costs of fixed assets (fixed assets for return) shall
be recorded;
+ If the special excise tax paid for import of goods or
fixed assets is eligible for refund by the entity having no ownership, a
decrease in other receivables shall be recorded.
+ If the special excise tax paid for sale of goods or
services is eligible for refund or deduction, such tax shall be recorded to
other income.
3.2.2. Accounting for special excise tax
a) Accounting for special excise tax payable for sale of
goods or services:
– When a transaction takes place, if it fails to separate
the special excise tax payable, the revenues shall be recorded excluding
special excise tax as follows:
Dr 111, 112, 131 (total payment)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3332 – Special excise tax.
– When a transaction takes place, if it fails to separate
the special excise tax payable, the revenues shall be recorded including
special excise tax as follows: When determining special excise tax payable, a
decrease in revenues shall be recorded as follows:
Cr 511 – Revenues
Cr 3332 – Special excise tax.
b) When importing goods subject to special excise tax,
according to sale invoices of imported goods and tax notification issued by the
competent agency, the special excise tax payable on imported goods shall be
determined and recorded as follows:
Dr 152, 156, 211, 611, etc.
Cr 3332 – Special excise tax.
Regarding to temporary goods not under ownership of the
enterprise, i.e. transit goods which are re-exported at the bonded warehouse,
when paying special excise tax on imported goods, the following accounts shall
be recorded as follows:
Dr 138 – Other receivables
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) When paying special excise tax to the government budget,
the following accounts shall be recorded as follows:
Dr 3332 – Special excise tax.
Cr 111, 112.
d) Accounting for refund of special excise tax in the import
process:
– When re-exporting goods whose special excise tax is
eligible for refund, the following accounts shall be recorded as follows:
Dr 3332 – Special excise tax
Cr 632 – Costs of goods sold (goods dispatched for sale)
Cr 152, 153, 156 (goods dispatched for return).
– When re-exporting fixed assets whose special excise tax is
eligible for refund, the following accounts shall be recorded as follows:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 211 – Tangible fixed assets (fixed assets dispatched for
return)
Cr 811 – Other receivables (sale of fixed assets).
– When re-exporting goods not under ownership of the
enterprise whose special excise tax is eligible for refund, the following
accounts shall be recorded as follows:
Dr 3332 – Special excise tax
Cr 138 – Other receivables.
dd) Accounting for special excise tax payable for sale of
goods or services which is eligible for refund or deduction: When receiving
notification of special excise tax eligible for refund or deduction in the sale
process issued by the competent agency, the following accounts shall be
recorded as follows:
Dr 3332 – Special excise tax
Cr 711 – Other income.
e) When dispatching goods or services subject to special
excise tax for internal consumption, giving, promotion or advertisement without
collecting money, the following accounts shall be recorded as follows:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 154, 155.
Cr 3332 – Special excise tax
g) Import entrustment (applying for the trustor)
– When receiving the special excise tax notification from
the trustee, the trustor shall record the special excise tax payable as
follows:
Dr 152, 156, 211, 611, etc.
Cr 3332 – Special excise tax.
– When receiving tax payment slip from the trustee, the
trustor shall record a decrease in the liability with government budget on special
excise tax as follows:
Dr 3332 – Special excise tax.
Cr 111, 112 (if the trustee receives cash instantly)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 138 – Other payables (a decrease in the advance paid to
the trustee for payment of special excise tax).
– The trustee does not record the special excise tax payable
similarly to the trustor, that tax shall be recorded as special excise tax paid
on behalf of the trustor and the following accounts shall be recorded as
follows:
Dr 138 – Other payables (collecting the VAT paid on behalf
of the trustor)
Dr 3388 – Other payables (deducting from received amounts
from the trustor)
Cr 111, 112.
3.3. Export duty (3333)
3.3.1. Rules for accounting
– This account is used by the export se taxpayer as
prescribed. In the export-import entrustment, this account is used by the
trustor, not by the trustee.
– Export duty is an indirect tax and not included in the
revenue structure of the enterprise. When exporting goods, the export duty
payable shall be separated from revenues. At the time recording revenues, if it
fails to separate the export duty payable, the revenue shall be recorded
including such tax, but the export duty payable shall be recorded as a decrease
in revenue periodically. In any cases, the item “Revenues” and “Revenue
deductions” in the income statement shall not include export duty payable when
selling goods or providing services.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.3.2. Method of accounting
a) Accounting for export duty payable for sale of goods or
services:
– When a transaction takes place, if it fails to separate
the export duty payable, the revenues shall be recorded excluding export duty
as follows:
Dr 111, 112, 131 (total payment)
Cr 511 – Revenues
Cr 3333 – Export-import duty (export duty in details).
– When a transaction takes place, if it fails to separate
the export duty payable, the revenues shall be recorded including export duty
as follows: When determining export duty payable, a decrease in revenues shall
be recorded as follows
Dr 511 – Revenues
Cr 3333 – Export-import duty (export duty in details).
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 3333 – Export-import duty (export duty in details).
Cr 111, 112, etc.
c) Export duty eligible for refund or deduction (if any),
the following accounts shall be recorded as follows:
Dr 111, 112, 3333
Cr 711 – Other income.
d) Import entrustment (applying for the trustor)
– When
buying goods or services subject to export duty, the revenues and export duty
payable shall be recorded similarly to ordinary export as prescribed in Point a
of this section.
– When receiving tax payment slip from the trustee, the
trustor shall record a decrease in the liability with government budget on
export duty as follows:
Dr 3333 – Export-import duty (export duty in details).
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3388 – Other payables (if the export duty is not paid
instantly to the trustee)
Cr 138 – Other payables (a decrease in the advance paid to
the trustee for payment of export duty).
– The trustee does not record the export duty similarly to
the trustor, that export duty shall be recorded as export duty paid on behalf
of the trustor and the following accounts shall be recorded as follows:
Dr 138 – Other payables (collecting the VAT paid on behalf
of the trustor)
Dr 3388 – Other payables (deducting from received amounts from
the trustor)
Cr 111, 112.
3.4. Export duty (3333)
3.4.1. Rules for accounting
– This account is used by the export taxpayer as prescribed.
In the export-import entrustment, this account is used by the trustor, not by
the trustee.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Accounting for import duty eligible for refund or
deduction:
+ If the import duty paid for import of goods or services is
eligible for refund, a decrease in costs of goods sold (goods dispatched for
sale) or a decrease in value of goods (goods dispatched for loans or
borrowings, etc);
+ If the import duty paid for import of fixed assets is
eligible for refund, a decrease in other expenses (sale of fixed assets) or a
decrease in historical costs of fixed assets (fixed assets for return);
+ If the import duty paid for import of goods or fixed
assets is eligible for refund by the entity having no ownership, a decrease in
other receivables shall be recorded (i.e. temporary imported goods for
processing, etc)
3.4.2. Method of accounting for import duty
a) When importing materials, goods or fixed assets, import
duty payable, total payment or paid amounts to the seller and value of imported
materials, goods or fixed assets (import duty-inclusive prices) shall be
recorded as follows:
Dr 152, 156, 211, 611, etc. (import duty-inclusive
prices)
Cr 3333 – Export-import duty (import duty in details).
Cr 111, 112, 331, etc.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 138 – Other receivables
Cr 3333 – Export-import duty (import duty in details).
b) When paying import duty to the government budget, the
following accounts shall be recorded as follows:
Dr 3333 – Export-import duty (import duty in details).
Cr 111, 112, etc.
c) Accounting for refund of import duty in the import
process
– When re-exporting goods whose import duty is eligible for
refund, the following accounts shall be recorded as follows:
Dr 3333 – Export-import duty (import duty in details).
Cr 632 – Costs of goods sold (goods dispatched for sale)
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When re-exporting fixed assets whose special excise tax is
eligible for refund, the following accounts shall be recorded as follows:
Dr 3333 – Export-import duty (import duty in details).
Cr 211 – Tangible fixed assets (fixed assets dispatched for
return)
Cr 811 – Other receivables (sale of fixed assets).
– Regarding import duty paid in import process but imported
goods are not under ownership of the enterprise, if they are eligible for
refund (i.e. paid import duty on processed goods), the following accounts shall
be recorded as follows:
Dr 3333 – Export-import duty (import duty in details).
Cr 138 – Other receivables.
– When receiving money from the government budget, the
following accounts shall be recorded as follows:
Dr 112 – Cash in bank
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) Import entrustment (applying for the trustor)
– When receiving notification of import duty from the
trustee, the trustor shall record import duty payable as follows:
Dr 152, 156, 211, 611, etc. (import duty-inclusive
prices)
Cr 3333 – Export-import duty (import duty in details).
– When receiving tax payment slip from the trustee, the
trustor shall record a decrease in the liability with government budget on
import duty as follows:
Dr 3333 – Export-import duty (import duty in details).
Cr 111, 112 (if the trustee receives cash instantly)
Cr 3388 – Other payables (if the import duty is not paid
instantly to the trustee)
Cr 138 – Other receivables (a decrease in the advance paid
to the trustee for payment of import duty).
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 138 – Other payables (collecting the VAT paid on behalf
of the trustor)
Dr 3388 – Other receivables (deducting from received amounts
from the trustor)
Cr 111, 112.
3.5. Enterprise income tax (3334)
a) According to enterprise income tax payable to the
government budget quarterly, the following accounts shall be recorded as
follows:
Dr 821 – Enterprise income tax expenses (8211)
Cr 3334 – Enterprise income tax.
b) When paying enterprise income tax to the government
budget, the following accounts shall be recorded as follows:
Dr 3334 – Enterprise income tax.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) Determination of enterprise income tax payable at the end
of the fiscal year:
– If the enterprise income tax payable is smaller than the
provisional enterprise income tax every quarter, the difference between them
shall be recorded as follows:
Dr 3334 – Enterprise income tax.
Cr 821 – Enterprise income tax expenses (8211).
– If the enterprise income tax payable is greater than the
provisional enterprise income tax every quarter, the difference between them
shall be recorded as follows:
Dr 821 – Enterprise income tax expenses (8211)
Cr 3334 – Enterprise income tax.
3.6. Personal income tax (3335)
When determining personal income tax payable which is
deducted from taxable income of staff and other employees, the following
accounts shall be recorded as follows:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 333 – Taxes and other payables to the State (3335)
– When paying salaries to outsourcing people, the enterprise
must determine personal income tax payable subject to irregular upon each
generation of income, the following accounts shall be recorded as follows:
+ When paying remuneration, fees for outsourcing, etc
instantly to outsourcing people, the following accounts shall be recorded as
follows:
Dr 623, 627, 641, 642, 635 (total payment); or
Dr 161 – Non-business expenses (total payment); or
Dr 353 – Welfare funds (total payment) (3531)
Cr 333 – Taxes and other payables to the State (3333)
(deductible personal income tax)
Cr 111, 112 (actual payment).
+ When paying liabilities to outsourcing people having
income, the following accounts shall be recorded as follows:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 333 – Taxes and other payables to the State (deductible
personal income tax)
Cr 111, 112 (actual payment).
– When paying personal income tax to the government budget
on behalf of the people having income, the following accounts shall be recorded
as follows:
Dr 333 – Taxes and other payables to the State (3335)
Cr 111, 112, etc.
3.7. Natural resource tax (3336)
– When determining natural resource tax payable which is
included in the factory overheads, the following accounts shall be recorded as
follows:
Dr 627 – Factory overheads (6278)
Cr 3336 – Natural resource tax.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 3336 – Natural resource tax.
Cr 111, 112, etc.
3.8. Land tax and land rent (3337)
– When
determining land tax and land rent payable which is included in the general administration
expenses, the following accounts shall be recorded as follows:
Dr 642 – Enterprise income tax expenses (6425)
Cr 3337 – Land tax and land rent.
–
When paying land tax and land rent to the government budget, the following
accounts shall be recorded as follows:
Dr 3337 – Land tax and land rent.
Cr 111, 112, etc.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.9.1. Rules for accounting
– This account is used by the environment protection
taxpayer as prescribed. In the import entrustment, this account is used by the
trustor, not by the trustee.
– Enterprises selling goods subject to environmental
protection tax shall record their revenues excluding environmental protection
tax payable. At the time recording revenues, if it fails to separate the
environmental protection tax payable, the revenue shall be recorded including
such tax, but the environmental protection tax payable shall be recorded as a
decrease in revenue periodically.
– Enterprises importing or selling domestic goods or fixed
assets subject to environmental protection tax shall record their environmental
protection tax payable to original cost of inventories.
– Accounting for environmental protection tax eligible for
refund or deduction:
+ If the environmental protection tax paid for import of
goods or services is eligible for refund, a decrease in costs of goods sold
(goods dispatched for sale) or a decrease in value of goods (goods dispatched
for loans or borrowings, etc);
+ If the environmental protection tax paid for import of
fixed assets is eligible for refund, a decrease in other expenses (sale of
fixed assets) or a decrease in historical costs of fixed assets (fixed assets
for return);
+ If the environmental protection tax paid for import of
goods or fixed assets is eligible for refund by the entity having no ownership,
a decrease in other receivables shall be recorded.
+ If the environmental protection tax paid for sale of goods
or services is eligible for refund or deduction, such tax shall be recorded to
other income.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) When selling goods or providing services subject to
environmental protection tax and VAT, the revenues shall be recorded excluding
environmental protection tax and VAT as follows:
Dr 111, 112, 131 (total payment)
Cr 511 – Revenues (Environment protection and VAT-exclusive
prices)
Cr 3331 – VAT payable (33311).
Cr account 33381 – Environmental protection tax
When a transaction takes place, if it fails to determine the
environmental protection tax payable, the revenue shall be recorded including
such tax, but the environmental protection tax payable shall be recorded as a
decrease in revenue periodically.
Dr 511 – Revenues
Cr 333 – Taxes and other payables to the State (in details).
b) When importing goods subject to environmental protection
tax, according to sale invoices of imported goods and tax notification issued
by the competent agency, environmental protection tax payable on imported goods
shall be determined and recorded as follows:
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr account 33381 – Environmental protection tax:
– When dispatching goods or services subject to
environmental protection tax for internal consumption, giving, promotion or
advertisement without collecting money, the following accounts shall be
recorded as follows:
Dr 641, 642.
Cr 152, 154, 155, etc.
Cr account 33381 – Environmental protection tax:
c) In case the enterprise is an import trustee who pays
environmental protection tax on behalf of the import trustor, when determining
the environmental protection tax payable, the following accounts shall be
recorded as follows:
Dr 138 – Other receivables
Cr account 33381 – Environmental protection tax:
– When paying environmental protection tax to the government
budget, the following accounts shall be recorded as follows:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, etc.
d) Accounting for refund of environmental protection tax in
the import process
– When re-exporting goods whose environmental protection tax
is eligible for refund, the following accounts shall be recorded as follows:
Dr 33381 – Environmental protection tax
Cr 632 – Costs of goods sold (goods dispatched for sale)
Cr 152, 153, 156 (goods dispatched for return).
– When re-exporting fixed assets whose special excise tax is
eligible for refund, the following accounts shall be recorded as follows:
Dr 33381 – Environmental protection tax
Cr 211 – Tangible fixed assets (fixed assets dispatched for
return)
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When re-exporting goods not under ownership of the
enterprise whose environmental protection tax is eligible for refund, the
following accounts shall be recorded as follows:
Dr 33381 – Environmental protection tax
Cr 138 – Other receivables.
dd) Accounting for environmental protection tax payable for
sale of goods or services which is eligible for refund or deduction: When
receiving notification of special excise tax eligible for refund or deduction
in the sale process issued by the competent agency, the following accounts
shall be recorded as follows:
Dr 33381 – Environmental protection tax
Cr 711 – Other income.
3.10. Other taxes (33382), fees, charges and other payables
(3339)
–
When determining property transfer taxes subject to value of purchased asset
(registration of ownership or rights to use), the following accounts shall be
recorded as follows:
Dr 211 – Tangible fixed assets
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
–
When paying other taxes (i.e. foreign contractor tax), fees, charges and other
payables actually, the following accounts shall be recorded as follows:
Dr 333 – Taxes and other payables to the State (33382, 3339)
Cr 111, 112.
3.11. Accounting government grants for enterprises
–
When receiving decisions on government grants for enterprises providing goods
or services at the request of the state; the government grants shall be
recorded to revenues as follows:
Dr 333 – Taxes and other payables to the State (3339)
Cr 511 – Revenues (5114).
–
When receiving government grants, the following accounts shall be recorded as
follows:
Dr 111, 112.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Article 53.
Account 334 – Payables to employees
1. Rules for accounting
This account is used to record payables
and payment of payables to employees of enterprises, including salaries, wages,
bonuses, social insurance and other payables included in employees’ incomes.
2. Structure and contents of account 334 – Payables to
employees
Debit:
– Salaries, wages and bonuses, social insurance and other
items which are paid or paid in advance to employees;
– Amounts deducted from salaries or wages of employees
Credit: Salaries, wages and bonuses, social insurance and other items which are
paid to employees;
Credit balance: Outstanding salaries, wages and bonuses, social insurance
and other items payable to employees;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Account 334 shall be recorded according to: Salary payment
and other payments.
Account 334 – Payables to employees, comprises 2
sub-accounts:
– Account 3341 – Payables to staff: This account is used to record
payables and payment of payables to staff of enterprises, including salaries,
wages, bonuses, social insurance and other payables included in staff’ incomes.
– Account 3348 – Payables to other employees: This account is used to record
payables and payment of payables to other employees of enterprises, including
salaries, wages, bonuses, social insurance and other payables included in
employees’ incomes.
3. Method of accounting for several major transactions
a) When determining salaries or
allowances payable to employees as prescribed, the following accounts shall be
recorded as follows:
Dr 241 – Construction in progress
Dr 622, 623, 627, 641, 642.
Cr 334 – Payables to employees (3341, 3348).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When determining bonuses paid to staff from welfare fund,
the following accounts shall be recorded as follows:
Dr 353 – Welfare funds (3531)
Cr 334 – Payables to employees (3341).
– When paying bonuses, the following accounts shall be
recorded as follows:
Dr 334 – Payables to employees (3341).
Cr 111, 112, etc.
c) When determining social insurance (illness, pregnancy,
work-related accidents, etc) payable to staff, the following accounts shall be
recorded as follows:
Dr 338 – Other payables or receivables (3383)
Cr 334 – Payables to employees (3341).
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 623, 627, 641, 642.
Dr 335 – Expenses payable (Enterprises accrue salary of
annual leave)
Cr 334 – Payables to employees (3341).
dd) Items must be deducted from salary and income of staff
and other employees of enterprises, such as unspent advances, medical
insurance, social insurance, collected compensation of assets in shortage
awaiting resolution, etc, the following accounts shall be recorded as follows:
Dr 334 – Payables to employees (3341, 3348).
Cr 141 – Advances
Cr 338 – Other payables or receivables
Cr 138 – Other receivables.
e) When determining personal income tax of staff and other
employees of the enterprise payable to the state, the following accounts shall
be recorded as follows:
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 333 – Taxes and other payables to the State (3335)
g) When giving advance or paying salaries or wages to staff
and other employees of enterprises actually, the following accounts shall be
recorded as follows:
Dr 334 – Payables to employees (3341, 3348).
Cr 111, 112, etc.
h) When making payables to staff and other employees of the
enterprise, the following accounts shall be recorded as follows:
Dr 334 – Payables to employees (3341, 3348).
Cr 111, 112, etc.
i) In case of paying salary or bonus to staff or other
employees of the enterprise by products, goods, the sale revenues excluding VAT
shall be recorded as follows:
Dr 334 – Payables to employees (3341, 3348).
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payable (33311).
k) Determination and payment of other payables to staff and
employees of the enterprise such as shift-meal, rents, phone bills, school
fees, membership cards, etc:
– When determining payables to staff and employees of the
enterprise, the following accounts shall be recorded as follows:
Dr 622, 623, 627, 641, 642.
Cr 334 – Payables to employees (3341, 3348).
– When making payables to staff and employees of the
enterprise, the following accounts shall be recorded as follows:
Dr 334 – Payables to employees (3341, 3348).
Cr 111, 112, etc.
Article 54. Account 335 – Accrued
expenses payable
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) This account is used to record payables to goods or
services received from the seller or provided for the seller during a reporting
period, but payments of such goods or services have not been made due to lack
of invoices or documents on accounting, which are recorded to operating
expenses of the reporting period.
This account is also recorded payables to employees during a
period, such as annual leave salary and operating expenses during the reporting
period which are deducted in advance, for example:
– Expenses in seasonal cessation of production period, in
case production cessation plan can be set up. The expenses payables in
cessation period shall be calculated and recorded to operating expenses during
the period.
– Accruing interest expenses incurred from loans payable in
case of deferred loans interests, deferred bonds interests (at maturity of
bonds).
– Accruing expenses to provisionally calculate cost of
property finished products sold.
b) It is required to differentiate
accrued expenses and provisions recorded to the account 352 and report in the
financial statement in conformity with each item, in particular:
– Provisions are current liabilities
without specific payment schedule; accrued expenses are current liabilities
with specific payment schedule;
– Provisions are amounts payable
which are not identified (i.e. provisions for warranty on goods or building
works); accrued expenses are amounts payable which is identified.
– In the financial statement,
provisions are separated with trade payables and other payables but accrued
expenses are a part of trade payables or other payables.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) The accrued amounts not recorded to account 335 but to
provisions account, such as:
– Expenses incurred from major repairs of specific tangible
fixed assets due to cyclical large production, enterprises are allowed to
accrue repair expenses for planning-year or several years later;
– Provisions for warranty on goods, building works or
restructure;
– Other provisions (refer to account 352).
d) Accruement and recording of expenses which have not yet
incurred into operating expenses during a period, must be calculated strictly
(preparing an estimate for expenses approved by the competent agency) and have
reasonable and reliable evidences on expenses which have to accrue in the
period, to ensure amount of expenses payable recorded in this account in
conformity with actual expenses incurred. Strictly forbid accruement in
expenses contents which are not allowed to be charged to operating expenses.
dd) In principle, accrued expenses payable must be settled
with actual expenses incurred. The difference between accruement and actual
expenses must be reverted.
e) The accruement of expenses to provisionally determine the
costs of property goods shall also meet following rules:
– The enterprise may only accrue expenses stated in the
investment estimates without sufficient documents for acceptance to the costs
of goods sold and reasons and contents of accruement for every work item must
be presented.
– The enterprise may only accrue expenses to provisionally
determine the costs of goods sold for completed property held for sale, which
is sold during a period and meet recognition criteria of revenues.
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
g) The capitalized interest expenses shall be determined
according to VAS “Borrowings costs”. The interest expenses shall be capitalized
in following cases:
– Regarding loans serving the construction of fixed assets,
investment properties, and the interests shall be capitalized even if the
construction duration is under 12 months;
– The contract may not capitalize loan interests to serve
the construction of building works or assets for their clients, including
separate loans, for example: A contractor applies for loans for construction of
building works for their clients; a shipbuilder builds ships to ship-owner,
etc.
h) Accruement expenses which are unused until the end of the
fiscal year must be presented in the financial statement.
2. Structure and contents of account 335 – Accrued expenses
Debit:
– Actually incurred payments charged to accrued expenses;
– Positive difference between accrued expenses and actual
expenses shall be recorded as a decrease in expenses.
Credit: Accrued expenses which are recorded to operating
expenses.
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3. Method of accounting for several major transactions
a) When accruing into expenses incurred from annual leave
salary of workers, the following accounts shall be recorded as follows:
Dr 622 – Direct labor costs
Cr 335 – Accrued expenses.
b) When calculating actual annual leave salaries payable, if
the accrued amount is greater than the actual expenses incurred, the following
accounts shall be recorded as follows:
Dr 335 – Accrued expenses (accrued amount)
Cr 622- – Direct labor costs.
c) When accruing expenses incurred from repair of fixed
assets without acceptance during a period to operating expenses and issuing
invoices, the following accounts shall be recorded as follows:
Dr 241, 623, 627, 641, 642.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) When the repair of fixed assets is completed and put into
operation, if the accrued amount is greater than the actual expense incurred,
the following accounts shall be recorded as follows:
Dr 335 – Accrued expenses (accrued amount is greater than
expense incurred)
Cr 241, 623, 627, 641, 642.
dd) When accruing estimated expenses payable during seasonal
or planned production cessation period into operating expenses, the following
accounts shall be recorded as follows:
Dr 623 – Costs of construction machinery
Dr 627 – Factory overheads
Cr 335 – Accrued expenses.
e) Actual expenses incurring from accrued expenses, the
following accounts shall be recorded as follows:
Dr 623, 627 (if the expense incurred is greater than the
accrued amount)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (if any)
Cr 111, 112, 152, 153, 331, 334
Cr 623, 627 (if the expense incurred is smaller than the
accrued amount)
g) When determining deferred interest payable in period at
end of period, the following accounts shall be recorded as follows:
Dr 635 – Financial expenses (loans interests for business
capital)
Dr 627, 241 (capitalized interests)
Cr 335 – Accrued expenses.
h) In case the enterprise issues bonds at par value, if
interests are deferred (at maturity of bonds), periodically, the enterprise
must accrue loan interests expenses payable in period into operating expenses,
or capitalization of interests, and the following accounts shall be recorded as
follows:
Dr 627, 241 (capitalized interests)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 335 – Accrued expenses (bond interest payables in the
period).
At the maturity of the bond, when the enterprise pays
principal and interest of the bond to the bondholder, the following accounts
shall be recorded as follows:
Dr 335 – Accrued expenses (total bond interests)
Dr 34311 – Bond par value
Cr 111, 112, etc.
i) In case the enterprise issues bonds at discount, if
interests are deferred (at maturity of bonds), periodically, enterprises must
accrue loan interests expenses payable in period into operating expenses or
capitalization of interests, and the following accounts shall be recorded as
follows:
Dr 627, 241 (capitalized interests)
Dr 635 – Financial expenses (if the interest is included in
financial expenses)
Cr 335 – Accrued expenses (bond interest payables in the
period).
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
At the maturity of the bond, when the enterprise pays
principal and interest of the bond to the bondholder, the following accounts
shall be recorded as follows:
Dr 335 – Accrued expenses (total bond interests)
Dr 34311 – Bond par value
Cr 111, 112, etc.
k) In case the enterprise issues bonds at premium, if
interests are deferred (at maturity of bonds), periodically, enterprises must
accrue loan interests expenses payable in period into operating expenses or
capitalization of interests, and the following accounts shall be recorded as
follows:
Dr 627, 241 (capitalized interests)
Dr 635 – Financial expenses (if the interest is included in
financial expenses)
Cr 335 – Accrued expenses (bond interest payables in the
period).
At the maturity of the bond, when the enterprise pays
principal and interest of the bond to the bondholder, the following accounts
shall be recorded as follows:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 34311 – Bond par value
Cr 111, 112, etc.
l) Regarding wholly-state-owned enterprises converted into
joint-stock companies:
– Regarding overdue loans given by JSC Bank for Foreign
Trade of Vietnam and the Vietnam Development Bank because the enterprise
suffers losses, has no state capital and close to insolvency, the equitized
enterprise must apply for freezing, rescheduling or cancelling debts of bank
interests as prescribed in regulations of law in force. When receiving the
decision of cancellation of outstanding interests, the following accounts shall
be recorded as follows:
Dr 335 – Accrued expenses (cancelled interests)
Cr 421 – Undistributed profit after tax (the loan interests
recorded to expenses of previous periods which are cancelled)
Cr 635 – Financial expenses (the loan interests recorded to
financial expenses in this period).
– If the period from maturity date for payment of share
purchase made by investors to the date on which the enterprise receives
Certificate of Business registration is longer than 3 months, the enterprise
may determine interests paid to investors:
+ Interests payable shall be recorded as follows:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 335 – Accrued expenses.
+ When paying to investors, the following accounts shall be
recorded as follows:
Dr 335 – Accrued expenses.
Cr 111, 112.
m) Accounting for accrued expenses for provisional
determination of costs of sold property held for sale.
– When accruing expenses for provisional determination of
costs of sold property held for sale, the following accounts shall be recorded
as follows:
Dr 632 – Costs of goods sold
Cr 335 – Accrued expenses.
– The expenses incurred from accepted construction with
sufficient documents shall be recorded to expenses incurred from property
construction as follows:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT
Cr, relevant.
– When there are sufficient documents proving that accrued
expenses actually incurs, a decrease in accrued expenses and work in progress
shall be recorded as follows:
Dr 335- – Accrued expenses.
Cr 154- – Work in progress.
– When all property projects are completed, a decrease in
the remaining accrued expenses shall be recorded as follows:
Dr 335- – Accrued expenses.
Cr 154- – Work in progress.
Cr 632 – Costs of goods sold (positive difference between
remaining accrued expenses and actual expenses incurred).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1. Rules for accounting
a) This account is used to record payment of payables
between an enterprise and dependent accounting affiliated units having no legal
status (hereinafter referred to as dependent accounting units); between
dependent accounting units in the same company.
In the enterprise, the classification of affiliates for
accounting purpose shall base on nature of the units (independent accounting or
dependent accounting, whether or not having legal status or having legal
representative), but not base on the names of those units (members, branches,
plants, groups, etc).
b) The account 336 shall not record payment between parent
company and subsidiaries and between subsidiaries (between independent
accounting units having legal status).
c) Intra-company receivables recorded to account 336 “Intra-company
receivables” include working capital payables and other payables which the
dependent accounting unit pays to the enterprise or other dependent accounting
units; amounts which the enterprise grants to dependent accounting units.
Amounts payable may relate to asset receipt, capital, funds, current payment,
payment on behalf of a third party, interests, exchange differences, etc;
d) According to the decentralization and operating feature,
the enterprise shall decide that the dependent accounting units shall record
working capital granted by the enterprise to account 3361 – Operating capital
provided for affiliated units or account 411 – Owner’s invested equity.
dd) Account 336 “Intra-company receivables” is recorded in
details for every unit which has mutual payment relationship, and accounts
payable will be observed in details.
e) At end of period, accountants shall
check and collate Account 136 and Account 336 between units according to every
internal payment content, to prepare offsetting reports for every unit, as
basis for offsetting adjustment in these two accounts. When collating, if
having differences, the reasons for them must be uncovered and adjusted
promptly.
2. Structure and contents of account 336 – Intra–company
receivables
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Amounts paid for dependent accounting units;
– Amounts paid to the enterprise by dependent accounting
units;
– Amounts paid for items which internal units pay or receive
on behalf of other internal units;
– Offsetting receivables against payables of the same unit
having payment relationships.
Credit:
– Amounts of operating capital granted to dependent
accounting units by the enterprise
– Amounts payable to the enterprise by dependent accounting
units;
– Amounts payable to dependent accounting units;
– Amounts payable for other internal units on items paid or
received on behalf of other units.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Account 336 – Intra-company receivables, comprises 4
sub-accounts:
– Account 3361 – Operating capital intra-company
payables: This account is opened in dependent accounting units having
no legal status to record operating capital granted by the enterprise.
This account does not record capital contributed to
subsidiaries or units similar to subsidiaries (independent accounting units
having no legal status) by the parent company.
– Account 3362 – Exchange differences intra-company
payables: This
account is only opened in project management board affiliated to the enterprise
which is an investor to record the exchange differences payable to the
enterprise.
– Account 3363 – Intra-company payables for borrowing costs
entitled to be capitalized: This account is only opened in project management
board affiliated to the enterprise which is an investor to record borrowings
costs entitled to be capitalized transferred to the enterprise.
– Account 3368 – Other intra-company payables: records
other payables between internal units in the same enterprise.
3. Method of accounting for several major transactions
3.1. Accounting for dependent accounting units;
a) When a dependent accounting unit (branch, shop, project
management board, etc) receives capital from the superior unit, the following
accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 336 – Intra-company payables (3361).
b) When repaying amounts which are paid by other internal
units or receiving goods or services from other internal units, the following
accounts shall be recorded:
Dr 152, 153, 156
Dr 331 – Trade payables
Dr 641 – Selling expenses
Dr 642 – General administration expenses
Dr 133 – Deductible VAT
Cr 336 – Intra-company payables.
c) When collecting amounts on behalf of a third party or
applying for loans from other internal units, the following accounts shall be
recorded:
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…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 336 – Intra-company payables.
d) When paying amounts payables or repaying amounts paid on
behalf of the dependent accounting unit to the enterprise or other internal
units, the following accounts shall be recorded:
Dr 336 – Intra-company payables.
Cr 111, 112, etc.
dd) When receiving decisions on transfer of assets to other
internal units and decline in operating capital, the following accounts shall
be recorded:
Dr 336 – Intra-company payables (3361)
Dr 214 – Depreciation of fixed assets (for transfer of fixed
assets or investment properties)
Cr 152, 155, 156, 211, 213, 217, etc.
e) When offsetting receivables against payables incurring
from transactions between the dependent accounting unit and other internal
units, the following accounts shall be recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 136 – Intra-company payables.
g) If the dependent accounting unit is not assigned to
account for undistributed profit after tax (TK 421), periodically the dependent
accounting unit shall transfer revenues, income, expenses directly through
account 336 – Intra-company payables or account 911 – Income summary, the
following accounts shall be recorded:
– When transferring revenues or income, the following
accounts shall be recorded:
Dr 511, 711.
Cr 911 – Income summary (if the dependent accounting unit
observes the income summary during a period)
Cr 336 – Intra-company receivables (if the dependent
accounting unit does not observe the income summary during a period)
Periodically, when the dependent accounting unit in charge
of observation of the income summary during a period transfers the income
summary (profits) to the superior unit, the following accounts shall be
recorded:
Dr 911 – Income summary
Cr 336 – Intra-company payables.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 336 – Intra-company receivables (if the dependent
accounting unit is not assigned to observe the income summary)
Dr 911 – Income summary (if the dependent accounting unit is
assigned to observe the income summary separately)
Cr 632, 635, 641, 642.
Periodically, when the dependent accounting unit in charge
of observation of the income summary during a period transfers the income
summary (losses) to the superior unit, the following accounts shall be
recorded:
Dr 336 – Intra-company payables.
Cr 911 – Income summary.
h) If the dependent accounting unit is not assigned to
account for undistributed profit after tax (TK 421), periodically, the
dependent accounting unit shall transfer undistributed profit after tax to the
superior unit, the following accounts shall be recorded:
– When transferring profits, the following accounts shall be
recorded:
Dr 421 – Undistributed profits after tax
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When transferring losses, the following accounts shall be
recorded:
Dr 336 – Intra-company payables.
Cr 421 – Undistributed profits after tax.
3.2. Accounting for enterprises having dependent accounting
units (superior units)
a) When granting welfare fund to
dependent accounting units, the following accounts shall be recorded:
Dr 353 – Welfare fund
Cr 336 – Intra-company payables.
b) When paying amounts payable to dependent accounting
units, the following accounts shall be recorded:
Dr 152 – Raw materials
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 211 – Tangible fixed asset
Dr 331 – Trade payables
Dr 623 – Costs of construction machinery
Dr 627 – Factory overheads
Dr 641- – Selling expenses
Dr 642 – General administration expenses
Cr 336 – Intra-company payables.
c) When paying amounts payable to dependent accounting
units, the following accounts shall be recorded:
Dr 336 – Intra-company payables.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) When offsetting intra-company receivables against
intra-company payables, the following accounts shall be recorded:
Dr 336 – Intra-company payables.
Cr 136 – Intra-company payables.
Article 56. Account 337 – Progress
billings
1. Rules for accounting
a) This account is used to record payables under schedule
made by clients and receivables under revenues for the percentage of work that
has been completed which is determined by the contractor in the contract of
construction in progress.
c) Account 337 “Progress billings” only applies to
construction contracts regulate that contractors are permit to make payments
under schedule. This account shall not apply to construction contracts regulate
that contractors are permit to make payments equivalently to the percentage of
work certified by clients.
c) Documents on revenues equivalent to percentage of work
that has been completed during a period (other than invoices) which are issued
by the contractor and not certified by clients shall be the basis for recording
to Dr 337. The contractor must choose methods for determination of
percentage of work completed, and assign related departments to determine value
of completed works, and prepare documents on revenues earned from construction
contracts during a period.
Invoices prepared under billing schedule as specified in the
construction contract shall be the basis for recording to Cr 337. Amounts
stated in these invoices shall be the basis for recording trade receivables by
contractor, but not recording revenues in accounting period.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
2. Structure and contents of account 337 – Progress billings
Debit: recording receivables according to revenues equivalent to percentage of
completed works under contract of construction in progress.
Credit: recording trade payables under schedule of the contract of
construction in progress.
Debit balance: recording positive difference between revenues under the
contract and trade payables under schedule of the contract of construction in
progress.
Credit balance: recording negative difference between revenues under the
contract and trade payables under schedule of the contract of construction in
progress.
3. Method of accounting for several major transactions
a) In case a construction contract specifies that the
contractor is entitled to make payment under schedule, when performance of
construction contract is estimated reliably, the following accounts shall be
recorded according to documents on revenues equivalent to completed work (other
than invoices) determined by the contractor:
Dr 337 – Progress billings
Cr 511 – Revenues.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 131 – Trade receivables
Cr 337 – Progress billings
Cr 3331 – VAT payables.
c) When the contractor receives payment from clients, the
following accounts shall be recorded:
Dr 111, 112.
Cr 131 – Trade receivables.
Article 57. Account 338 – Other
payables
1. Rules for accounting
a) This account is used to record payment of accounts
payable other than accounts in group of Account 33 (from Account 331 to Account
337). This account is also used for accounting for unearned revenues from
services provided for customers and differences in prices incurring in
transactions of purchase and leaseback of assets under finance lease or
operating lease.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Value of assets in surplus whose reasons are not uncovered
awaiting resolution of competent agency; Value of assets in surplus to be
returned to individuals, groups (inside and outside units) as prescribed in the
decision of competent agency written in resolution report, if the reasons were
determined.
– Appropriated amount and payment for social insurance,
health insurance, and unemployment insurance and trade union fees;
– Amounts deducted from salaries of employees according to
the judgment of the Court;
– Amount of profits or dividends payable to owners;
– Temporary loans or borrowing of materials or goods,
capital contributed to BCC which does not require a new legal entity.
– Amounts received on behalf of a third party payable or
amounts received from the trustor to pay import duty, export duty or VAT on
imported goods and pay on behalf of the trustor;
– Pre-payment for financial lease, infrastructure, interests
of capital loans or purchase of debt instruments collected from clients during
several accounting periods.
– The difference between selling prices under deferred or
installment payment as committed and cash price.
– Amount payables for sale of shares of state capital when
equitizating a wholly-state-owned enterprise.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Other payables, such as payables for sale of voluntary
pension insurance, life insurance and other grants (other salaries) for
employees, etc.
c) Other payables in foreign currencies or payment of other
payables must be kept records in details and the converting from foreign
currencies into accounting currencies according to following rules:
– When incurring payables in foreign currencies, those
payables shall be converted into VND according to actual exchange rates at the
incurring time (selling exchange rate of the commercial bank where the
enterprise regularly enters into transactions);
– When paying other payables in foreign currencies, they
must be converted into specific identification bookkeeping rate;
– At the end of the accounting period, the balance of other
payables shall be re-evaluated according to actual exchange rates at the
incurring time (selling exchange rate of the commercial bank where the
enterprise regularly enters into transactions) and recorded to financial
expenses, or financial income. Unearned revenues in foreign currencies shall
not be re-evaluated if it is not evident that the enterprise is required to
return those re-payments to clients in foreign currencies.
2. Structure and contents of account 338 – Other payables
Debit:
– Transferring value of assets in surplus into relevant
accounts according to decision written in resolution report;
– Trade union fees disbursed at units;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Unearned revenues calculated for every accounting period;
pre-payment returned to clients if the enterprise does not keep leasing assets;
– Difference between selling price under deferred or
installment payment as committed and cash price (deferred interests) allocated
to financial expenses;
– Transferring positive difference between the selling price
and residual value of leased back fixed assets which is financial lease to
record as a decrease in operating expenses;
– Transferring positive difference between the selling price
and fair value of leased back fixed assets which is operating lease to record
as a decrease in operating expenses;
– Paying amounts collected from equitization of
wholly-state-owned enterprises to enterprise arrangement fund;
– Transferring difference between equitization expenses (-)
amounts collected from equitization of state companies;
– Other payables.
Credit:
– Value of assets in surplus awaiting for resolution
(without reasons); Value of assets in surplus payable to individuals or groups
(inside and outside units) according to the decision written in resolution
report because the reasons are uncovered instantly;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Payment with employees on collective housing rents,
electricity and water expenses;
– Overspending trade union fees which are granted
additionally;
– Amounts of social insurance given by social insurance
agencies which are paid to employees
– Unearned revenues incurred during a period;
– The difference between selling prices under deferred or
installment payment as committed and cash price.
– The positive difference between selling price and residual
value of leased back fixed assets which is financial lease;
– The positive difference between selling price and fair
value of leased back fixed assets which is operating lease;
– Total amounts collected from sale of shares of state
capital; positive difference between actual values of state capital determined
when the wholly-state-owned enterprise converts into joint-stock company and
actual value of state capital when the enterprise’s value is determined;
– Temporary loans or borrowings of materials or goods, or
capital contributed to BCC which does not require a new legal entity;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Other payables.
Credit balance:
– Accrued social insurance, health insurance and trade union
fees which have not been paid to management agency or unspent trade union fees;
– Value of assets in surplus awaiting resolution;
– Unearned revenues incurred at the end of accounting
period;
– Positive difference between selling price and residual
value of leased back fixed asset without transferring;
– Total amounts collected from sale of shares of state
capital; positive difference between actual value of state capital determined
when the wholly-state-owned enterprise converts into joint-stock company and
actual value of state capital when the value to-be-paid of the enterprise at
the end of the accounting period is
determined;
– Other payables.
This account may have debit balance: Debit balance shall reflect payment
in excess of accounts payable, or sums of social insurance paid to employees
who have not yet been settled, and overspending trade union fees not being
granted additionally.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Account 3381 – Assets in surplus awaiting resolution: records value of assets in surplus
without reasons awaiting resolution of the competent agency. In case the
reasons for surplus are uncovered and there is resolution report, the assets in
surplus shall be recorded to relevant accounts, not to account 338 (3381).
– Account 3382 – Trade union fees: records accruement and payment of
trade union fees at units.
– Account 3383 – Social insurance: records accruement and payment of
social insurance at units.
– Account 3384 – Health insurance: records accruement and payment of
health insurance at units.
– Account 3385 – Payables on equitization: records amounts collected from sale
of shares of state capital payables, positive difference between actual value
of state capital when the wholly-state-owned enterprise converts into
joint-stock company and actual value of state capital when the enterprise’s
value is determined;
– Account 3386 – Unemployment insurance: records
accruement and payment of unemployment insurance at units.
– Account 3387 – Unearned revenues: records current amounts and
increases and decreases in unearned revenues of the enterprise during a period.
Unearned revenues include: amounts of customers paid in advance for one or many
accounting periods for asset lease; interests received in advance when lending
or buying debt instruments; or the difference between selling prices under
deferred and from installment payment as committed and cash price; revenues
corresponding to the value of goods, services or discounts to clients in the
traditional client programs, etc. The following amounts shall be not
recorded to this account:
+ Amounts received in advance from buyers that enterprise
has not provided goods or services;
+ Revenue has not earned from asset lease or services
provided for several accounting periods (unearned revenue is only recorded when
the revenue is actually collected, not recorded corresponding to TK 131 – Trade
receivables).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.
Method of accounting for several major transactions
3.1. Assets in surplus without reasons awaiting resolution:
a) When discovering assets in surplus, their value shall be
recorded according to the fair value as follows:
Dr 111, 152, 153, 156, 211 (according to fair value)
Cr 338 – Other payables (3381).
b) When there is the resolution report on surplus in assets
issued by the competent agency, the following accounts shall be recorded:
Dr 338 – Other payables (3381).
Cr 411 – Owner’s invested equity; or
Cr 441 – Capital expenditure funds;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 642 – General administration expenses
Cr 711 – Other income.
3.2. Accounting for surplus of assets in case of
equitization of wholly-state-owned enterprise
– When receiving notification or decision on equitization
issued by the competent agency, the equitized enterprise must conduct physical
inventory count and classify assets under management and use of the enterprise
when the enterprise’s value is determined. According to the report on money
inventory when determining the enterprise’s value, the value of money in
surplus shall be recorded as follows:
Dr 111, 112.
Cr 3381 – Assets in surplus awaiting resolution
Surplus of assets: the enterprise shall keep records of
surplus of assets discovered under physical inventory count in the financial
statement.
– Accounting for assets in surplus or shortage: with regard
to assets in surplus, according to “Report on resolution to shortage or surplus
of assets under physical inventory count”, the following accounts shall be
recorded:
Dr 3381 – Assets in surplus awaiting resolution
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 338 – Other payables (3388);
Cr 411 – Owner’s invested equity (regarding assets in
surplus unable to uncover reasons or owners).
3.3. Accounting for social insurance, health insurance,
unemployment insurance, or trade union fees
– When appreciating social insurance, health insurance,
unemployment insurance, or trade union fees, the following accounts shall be
recorded:
Dr 622, 623, 627, 641, 642 (amounts included in operating
expenses)
Dr 334 – Payables to employees (amounts deducted from salaries
of employees)
Cr 338 – Other payables (3382, 3383, 3384, 3386).
– When paying social insurance, health insurance,
unemployment insurance, or trade union fees, the following accounts shall be
recorded:
Dr 338 – Other payables (3382, 3383, 3384, 3386).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When paying social insurance to employees in case of sick
leave or maternity leave, etc, the following accounts shall be recorded:
Dr 338 – Other payables (3383).
Cr 334 – Payables to employees.
– When spending trade union fees at units, the following
accounts shall be recorded:
Dr 338 – Other payables (3382).
Cr 111, 112, etc.
– When receiving compensation for overspending trade union
fees, the following accounts shall be recorded:
Dr 111, 112.
Cr 338 – Other payables (3382).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, 152, 153, 156, etc.
Cr 338 – Other payables.
3.5. Accounting for unearned revenues on operating lease of
fixed assets, investment properties, unearned revenues of accounting period are
determined by total of money collected from operating lease of fixed assets,
property investment dividing for number of periods having amount received in
advance from operating lease of fixed assets, property investment (if the total
advance is recorded to revenues one time):
– When receiving rents for lease of fixed assets or property
lease for many years which are prepaid by customers, unearned revenues at
VAT-exclusive prices shall be recorded as follows:
Dr 111, 112, etc. (total advances)
Cr 3387 – Unearned revenues (VAT-exclusive prices)
Cr 3331 – VAT payables (33311).
– When calculating and recording revenue of every accounting
period, the following accounts shall be recorded:
Dr 3387 – Unearned revenues
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the asset-leasing contract fails to be performed, when
returning money to clients, the following accounts shall be recorded:
Dr 3387 – Unearned revenues (VAT-exclusive prices)
Dr 3331 – VAT payable (amounts returned to the lessee for
VAT on non-performance of asset-leasing contract)
Cr 111, 112, etc (returned amounts).
3.6. Accounting for sale using deferred or instalment
payment:
– When selling goods using deferred or instalment
payment, the revenues of the accounting period shall be recorded according to
cash prices, the difference between deferred price and cash price shall be
recorded to account 3387 “Unearned revenues” as follows:
Dr 111, 112, 131, etc.
Cr 511- – Revenues (according to VAT-exclusive cash prices)
Cr 3387 – Unearned revenues (difference between deferred
price and VAT-exclusive cash price)
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Periodically, when calculating and transferring profits
from sale using deferred or instalment payment during a period, the following
accounts shall be recorded:
Dr 3387 – Unearned revenues
Cr 515 – Financial income.
– When actually collecting amounts of sale using deferred or
instalment payment, including difference between selling price under deferred
or installment payment as committed and cash price, the following accounts
shall be recorded:
Dr 111, 112, etc.
Cr 131 – Trade receivables.
– And the costs of goods sold shall be recorded as follows:
+ When selling goods, the following accounts shall be
recorded:
Dr 632- Costs of goods sold
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
+ When liquidating or selling an investment property, the
following accounts shall be recorded:
Dr 632- Costs of goods sold (residual value of the
investment property)
Dr 214 – Depreciation of fixed assets (2147) (accumulated
depreciation – if any)
Cr 217 – Investment property.
3.7. If the selling price of the leased back fixed asset
which is financial lease is greater than their residual value:
– When completing procedures for sale of assets, the
following accounts shall be recorded according to relevant invoices and
documents:
Dr 111, 112, etc. (total payment)
Cr 711- Other income (residual value of leased back fixed
asset)
Cr 3387 – Unearned revenues (positive difference between
selling price and residual value of fixed asset)
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
And a decrease in fixed asset shall be recorded as follows:
Dr 811 – Other income (residual value of leased back fixed
asset)
Dr 214 – Depreciation of fixed assets (depreciation value)
(if any)
Cr 211 – Tangible fixed asset (historical cost).
– Periodically, when transferring positive difference
(profit) between the selling price and residual value of financial leased back
fixed assets which are financial lease to record as a decrease in operating
expenses in conformity with lease term; the following accounts shall be
recorded:
Dr 3387 – Unearned revenues
Cr 623, 627, 641, 642, etc.
3.8. Enterprises which have not allocated all profits on
exchange differences in the before-operation stage (recorded to account 3387 –
Unearned revenues) must transfer total profits on exchange differences to
financial income to determine income summary during a period, and the following
accounts shall be recorded:
Dr 3387 – Unearned revenues
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.9. Accounting for payables on equitization of
wholly-state-owned enterprise.
– When collecting amounts from sale of shares of state
capital in the enterprise, the following accounts shall be recorded:
Dr 111, 112.
Cr 3385 – Payables on equitization.
– Accounting for policies for employees in excess of the
enterprise: According to the decision on determination of amounts collected
from sale of shares to support policies for employees in excess of the
enterprise, the following accounts shall be recorded:
Dr 3385 – Payables on equitization.
Cr 334 – Payables to employees.
When paying money to employees actually, the following
accounts shall be recorded:
Dr 334 – Payables to employees.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Settlement of equitization expenses: at the end of the
equitization progress, the enterprise must send a report and make settlement of
equitization expenses with the agency deciding the equitization. The
equitization expenses shall be offset against amounts collected from
equitization of enterprise, the following accounts shall be recorded:
Dr 3385 – Payables on equitization.
Cr 1385 – Payables on equitization (equitization expenses in
details).
When paying amounts collected from equitization (after
offsetting equitization expenses) to enterprise arrangement fund in the parent
company of the economic group, general state-owned company, parent company in
the parent company—subsidiary relationship or Enterprise Arrangement and
Development Fund held by State Capital and Investment Corporation, the
following accounts shall be recorded:
Dr 3385 – Payables on equitization.
Cr 111, 112.
– If the enterprise is not permit to use amounts collected
from sale of shares, the interest payable shall be deducted from amounts
payable on equitization but not recorded to financial expenses, the following
accounts shall be recorded:
Dr 3385 – Payables on equitization.
Cr 335 – Accrued expenses.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 335 – Accrued expenses.
Cr 111, 112.
– Accounting for difference between the actual value of
state capital when the state-owned enterprise converts into joint-stock company
and the actual value of state capital when the enterprise’s value is
determined.
+ If the actual value of state capital when the state-owned
enterprise converts into joint-stock company is greater than the actual value
of state capital when the enterprise’s value is determined, when paying
positive difference between them (profits) to enterprise arrangement fund in
the parent company of the economic group, general state-owned company, parent
company in the parent company – subsidiary relationship or Enterprise
Arrangement and Development Fund held by State Capital and Investment
Corporation, the following accounts shall be recorded:
Dr 421 – Undistributed profits after tax
Cr 3385 – Payables on equitization.
When paying amounts collected from equitization (after
offsetting equitization expenses) to enterprise arrangement fund in the parent
company of the economic group, general state-owned company, parent company in
the parent company—subsidiary relationship or Enterprise Arrangement and
Development Fund held by State Capital and Investment Corporation, the following
accounts shall be recorded:
Dr 3385 – Payables on equitization.
Cr 111, 112.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
If the group or individual is subject to compensation, the
following accounts shall be recorded:
Dr 138 – Other receivables (1388)
Cr 421 – Undistributed profits after tax.
When receiving compensation from the group or individual,
the following accounts shall be recorded:
Dr 111, 112.
Cr 138 – Other receivables (1388).
If the negative difference is caused by objective reasons,
or subjective reasons due to force majeure event but the offender fails to make
compensation and the competent agency considers and decides to use the amounts
collected from sale of shares to compensate the losses after deducting insured
compensation (if any), the following accounts shall be recorded:
Dr 3385 – Payables on equitization.
Cr 421 – Undistributed profits after tax.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) When receiving money from the import trustor to buy
imported goods, the following accounts shall be recorded according to relevant
documents:
Dr 111, 112, etc.
Cr 338 – Other payables (3388).
b) When transferring money to make deposit to open LC (for
payment using Letter of Credit), the following accounts shall be recorded
according to relevant documents:
Dr 244 – Pledge, mortgages and deposits
Cr 111, 112.
c) When importing materials, equipment or goods for the
trustor, the quantity, class, quality of the entrusted imported goods, import
duration, payment entity, etc, shall be recorded to the trustee’s
administration system and financial statement; the value of entrusted import
goods shall not be recorded to balance sheet.
d) Accounting for the import entrustment payment:
– When transferring deposit for L/C to overseas sellers as a
portion of the import entrustment payment, the following accounts shall be
recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 244 – Pledge, mortgages and deposits.
– When making payment of entrusted imported goods to
overseas seller, the following accounts shall be recorded:
Dr 138 – Other receivables (if the trustor has not given
advance for purchase of imported goods)
Dr 3388 – Other payables (deducted from the amounts received
from the trustor)
Cr 111, 112, 3388, etc.
– Import duty, VAT on imported goods, special excise tax
paid on behalf of the import trustor: in the export – import entrustment
transaction (export-import entrustment contract is required), the trustee shall
be the representative of the trustor to fulfill obligation with the government
budget (taxpayer on behalf of the trustor), or tax liability taken over by the
trustor. In this case, the trustee only records amounts of money paid to
government budget as amount paid on behalf of the trustor. When paying to
government budget, the following accounts shall be recorded:
Dr 138 – Other receivables (return of amounts paid on behalf
of the trustor)
Dr 3388 – Other payables (deducted from the amounts received
from the trustor)
Cr 111, 112.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 131, 111, 112, etc. (total payment)
Cr 511 – Revenues (5113)
Cr 3331 – VAT payables.
e) When make payment related to import entrustment (banking
fees, customs inspection fees, warehouse rents, depot rents, material handling
expenses, delivery expenses, etc) on behalf of the import trustor, the
following accounts shall be recorded according to relevant documents:
Dr 138 – Trade receivables (every import trustor in details)
Cr 111, 112, etc.
g) When offsetting receivables against payables at the end
of the transaction, the following accounts shall be recorded:
Dr 338 – Other payables
Cr 138 – Other receivables,
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) When exporting materials, equipment or goods for the
trustor, the quantity, class, quality of the entrusted exported goods, export
duration, payment entity, etc, shall be recorded to the trustee’s
administration system and financial statement; the value of entrusted export
goods shall not be recorded to balance sheet. The payment of export duty (if
any) shall comply with regulations of account 333 – Taxes and other payables to
the State.
b) When paying on behalf of the export trustor, the
following accounts shall be recorded:
Dr 138 – Other receivables (1388)
Cr 111, 112.
c) When receiving amount of money from the overseas
purchaser, such amount shall be recorded to payables to trustor as
follows:
Dr 112 – Cash in bank
Cr 338 – Other payables (3388).
d) When offsetting receivables against payables, the
following accounts shall be recorded:
Dr 338 – Other payables
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3.12. When determining profits or dividends payable to
owners, the following accounts shall be recorded:
– When determining amounts payable, the following accounts
shall be recorded:
Dr 421 – Undistributed profits after tax
Cr 338 – Other payables (3388).
– When paying profits or dividends to owners, the following
accounts shall be recorded:
Dr 338 – Other payables (3388).
Cr 111, 112 (amount of profits or dividends payable to
owners)
Cr 3335 – Personal income tax (if the personal income tax of
the owner is deducted at source).
3.13. When preparing financial statement, balance of other
payables in foreign currencies according shall be re-evaluated according to
actual exchange rates:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 413 – Exchange rate differences
Cr 338 – Other payables.
– If incurring profits of exchange rates, the following
accounts shall be recorded:
Dr 338 – Other payables
Cr 413 – Exchange rate differences.
Article 58. Account 341 – Loans and
finance lease liabilities
1. Accounting Principles
a) This account shall be used to record loans, finance lease
liabilities and payment of the loans, finance lease liabilities of the
enterprises. Loans under the forms of issuance of bonds or preference shares
with provisions requiring the issuer to repurchase at a certain time in the
future shall not be recorded in this account.
b) Enterprises must monitor in detail the payable term of
loans, finance lease liabilities. The loans, finance lease liabilities with
payment period of more than 12 months from the date of the financial
statements, accountants shall present as long-term loans and finance lease
liabilities. Loans and finance lease liabilities fall due for settlement within
the next 12 months from the date of the financial statements, accountants shall
present as short-term loans and finance lease liabilities for the payment plan.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) For the financial lease liabilities, total liabilities
recorded in the Credit side of Account 341 shall be the total payable amount
calculated on the present value of minimum lease payments or the fair value of
leased assets.
e) Enterprises must account for in details and monitor each
object of the loan or liability, loan agreement and type of loan asset. In case
of loans or liabilities in foreign currency, accountants must monitor in detail
the currency and comply with the following principles:
– Loans, liabilities in foreign currency must be converted
into accounting monetary units in accordance with the actual exchange rate at
the arising time;
– When paying loans, liabilities in foreign currency , the
Debit side of Account 341 shall be entitled to convert according to exchange
rates recorded in accounting books in actually specific identification for each
object;
– When establishing financial statement, the balance of the
loan, finance lease liabilities in foreign currency must be revalued at actual
exchange rates at the date of the financial statements.
– The exchange rate differences arising from the payment and
the revaluation at the end of the period of loans, finance lease liabilities in
foreign currencies shall be accounted for in revenues or expenses of financial
activities.
2. Structure and contents of the account 341 – Loans and
finance lease liabilities
Debit side:
– Sums paid for loans, finance lease liabilities;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Exchange differences due to revaluation of the balance of
loan, finance lease liabilities by foreign currency at the end of period (in
case exchange rate of foreign currency falls against the Vietnam dong).
Credit side:
– Sum of loans, finance lease liabilities incurred during
the period;
– Exchange differences due to revaluation of the balance of
loan, finance lease liabilities by foreign currency at the end of period (in
case exchange rate of foreign currency rises against the Vietnam dong).
Credit balance: Balance of remaining loans, finance lease
liabilities.
Account 341 – Loans and finance lease liabilities comprise
2 sub-accounts
Account 3411 – Loans: This account records the value of the
loans and the payment of the loans of enterprises (this account does not record
loans under the form of bond issuance).
Account 3412 – Finance lease liabilities This account records the value of finance
lease liabilities and the payment of finance lease liabilities of enterprises.
3. Method of accounting for several major transactions
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Loans by Vietnam dong (put into cash fund or deposited
into bank), record:
Dr 111- Cash (1111)
Dr 112- Cash in bank (1121)
Cr 341 – Loans and finance lease liabilities (3411)
– Loans by foreign currency converted into Vietnam dong
according to actual transaction exchange rates, record:
Dr 111-Cash (1112) (loan put into cash fund)
Dr 112- Cash in bank (1122) (loan deposited into bank)
Dr 221, 222- (loan invested into subsidiaries, associated
companies, joint-ventures)
Dr 331- Supplier payable (loan paid straightly for sellers)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133- Deductible value-added tax (if any)
Cr 341 – Loans and finance lease liabilities (3411)
– Loan expenses directly related to the loan (other than
accrued interest) such as expenses for audit, application for verification…
record:
Dr 241, 635
Cr 111, 112, 331
b) Loans transferred straightly to sellers for purchase of
inventory, fixed assets, to pay for capital investment, if input VAT is
deductible, record:
Dr 152, 153, 156, 211, 213, 241 (purchase price excluding
VAT)
Dr 213 – Intangible fixed assets (purchase price excluding
VAT)
Dr 133- Deductible value-added tax (1332)
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the input VAT is not deductible, the value of purchase
and construction of fixed assets shall be recorded including VAT. Borrowing
expenses directly related to the loans (other than accrued interest) as
expenses for audit, application for accounting verification shall be similar to
entries in point a.
c) Loans for payment or capital advance (prepaid) to
sellers, contractors of construction, to pay the expenses, record:
Dr 331, 641, 642, 811
Cr 341 – Loans and finance lease (3411)
d) Loans for investments in subsidiaries, associated
companies and joint ventures, shares, bonds, record:
Dr 221, 222, 228
Cr 341 – Loans and finance lease liabilities (3411)
dd) The accrued interest are added to the principal, record:
Dr 635- Financial expense
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 341 – Loans and finance lease liabilities (3411)
e) Payment loans by Vietnam dong or by sums received from
debts of the customer, record:
Dr 341 – Loans and finance lease liabilities (3411)
Cr 111, 112, 131
g) Payment of loan in foreign currency:
Dr 341 – Loans and finance lease liabilities (under exchange
rates of account 3411)
Dr 635 – Financial expense (loss on
forex)
Cr 111, 112 (at the exchange rate in accounting books of
Accounts 111, 112)
Cr 515 – Financial income (gain on forex).
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
When establishing financial statement, the balances of the
loan, finance lease liabilities in foreign currency must be revalued at real
exchange rates at the end of period:
– If loss on forex is incurred, record:
Dr 413 – Exchange differences
Cr 341 – Loans and finance lease liabilities
– If gain on forex is incurred, record:
Dr 341 – Loans and finance lease liabilities
Cr 413 – Exchange differences
Article 59. Account 343 – Bonds
released
1. Accounting Principles
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Real interest rate (also called effective interest rate) is
defined as follows:
It is interest rates for loans of commercial banks commonly
applied in the market at the time of the transaction;
b) Where the interest rate cannot be determined in
accordance with point a above, the real interest rate is the interest rate that
enterprises may borrow under the form of issued debt instruments which must not
be convertible into shares (bond issuance must not commonly converted or
borrowed by conventional contract) in conditions of production, business which
is going on normally.
Principles of common bonds (unconvertible bonds)
When enterprises borrow capital by releasing bond, three
cases may occur:
– Releasing bond at par (released price equal to Bond par
value): means
releasing bond with the price complied with bond par value. This case often
occurs when the market interest rate is equal to the nominal interest rate of
bond released;
– Releasing bond at discount (released price less than Bond
par value): means
releasing bond with the price lower than bond par value, called discounts of bond.
This case often occurs when market interest rate is higher than nominal
interest rate of bond released;
– Releasing bond at premium (released price higher than Bond
par value): means
releasing bond with the price higher than bond par value. The difference
between released Bond par values higher than price of bond called premium of
bond. This case often occurs when market interest rate is lower than nominal
interest rate of bond released;
b) Bond discount and premium are only incurred when
enterprises borrow by the mode of releasing bond, and at the releasing time,
there is a difference between market interest rate and nominal interest rate
approved by the investors who buy bond. Bond discount and premium are
determined and recorded immediately at the time of releasing bond. The
difference between market interest rate and nominal interest rate after the
time of leasing bond shall not influence on value of premiums or discounts
recorded.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Bond par value;
– Bond discount;
– Bond premium
Also monitor in detail according to issuance duration of
bond.
d) Enterprises must monitor discounts and premiums for every
type of bond released, and allocation situation of every discount and premium
when determining borrowing costs charged to business and production costs or
capitalized for every period, namely:
– Bond discount is allocated gradually to be charged into
borrowing costs for every period during bond life;
– Bond premium is allocated gradually to reduce borrowing
costs for every period during the bond life;
– In case of bonds’ interest costs are qualified for
capitalization, borrowing interests and the allocation of discounts or premiums
capitalized in every period must not exceed actual borrowing interests incurred
and the allocation of discounts or premiums in that period;
– The allocation of discounts or premiums may use the actual
interest rate method or the straight line method:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
According to the straight line method: Discounts or premiums
allocated equally during bond life.
e) In case of paying interest at maturity, periodically,
enterprises must calculate bond interest’s payable every term, to record it
into business and production costs or capitalize it into value of unfinished
assets
g) When making financial statement, in the liabilities of
the balance sheet, the item of bond released shall be recorded on net basis
(determining by bond value at par minus (-) bond discount are plus (+) Bond
premium)
h) Cost of issuing bonds is gradually allocated in
accordance with bond life under the straight line method or real interest rate
method and recorded in the financial expense or capitalized. At the time of
initial record, the cost of issuing bonds is recorded a decrease in par value
of the bond. Periodically, accountants allocate cost for bond issuance by
recording an increase in the par value and recording in financial expense or
capitalization in accordance with the recording accrued interest of the bond.
Accounting principles of convertible bonds
Convertible bonds are bonds that may be converted into
common shares of the same issuer under the conditions identified in the
released plan. Enterprises issuing convertible bonds must carry out procedures
and meet the conditions of the convertible bonds issuance under the provisions
of law.
b) Enterprise (the issuer of convertible bonds) uses account
3432 – Convertible bonds to record the value of the principal of convertible
bonds at the time of reporting. Enterprises must open detailed accounting books
to keep track of each type of convertible bonds according to term, interest
rate and par value.
c) Convertible bonds recorded on account 3432 are bonds that
can be converted into a number of determined shares defined in the issuance
plan. Bonds that may be converted into a number of undetermined shares at
maturity (depending on the market value of the shares at maturity) are
accounted for as common bonds.
d) Cost of issuing convertible bonds is gradually allocated
in accordance with bond life under the straight line method or real interest
rate method and recorded in the financial expense or capitalized. At the time
of initial record, the cost of issuing convertible bonds is recorded reducing
par value of the bond. Periodically, accountings allocate cost for bond
issuance by recording increasing the par value recorded in financial expense or
capitalized in accordance with the recording accrued interest of the bond.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Valuation of the principal of convertible bonds at the
time of release
At the time of initial record, the value of the principal of
convertible bonds is determined by discounting the nominal value of future
payments (including principal and interest of bonds) about the present value
under interest rate of similar bonds in the market without the right to convert
into shares and subtracting the cost of issuing convertible bonds. In case of
failure to determine the interest rate of similar bonds, enterprises use common
loan interest rates in the market at the time of the issuance of bonds to
determine the present value of future payments.
Common loan interest rate in the market is loan interest
rate used in the majority of transactions in the market.
Enterprises shall actively determine common loan
interest rates in the market in the most accordance with characteristics of the
production and trading of the enterprises in consistence with the provisions of
the State Bank.
Example of valuation of the principal of convertible bonds
at the time of release: On January 1, 2012, Thang Long joint-stock company
issues 1 million of convertible bonds with par value of VND 10,000 in 3-year
period, nominal interest rate is 10% / year, payment of interest is every year
at the end of the year. Interest rate of unconvertible similar bonds is 15% /
year. At maturity, each bond is convertible into one share. Knowing that the
convertible bonds are issued to mobilize capital for normal production,
business (interest is included in financial expense). Valuation of the
principal of convertible bonds at the time of initial record is carried out
(ignoring the cost of issuing bonds) as follows:
Unit: dong
nominal value of
future liabilities
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Present value of future
liabilities
First year:
1,000,000,000
(accrued interest)
x
[1/1.15]
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
869,565,000
Second year:
1,000,000,000
(accrued interest)
x
[1/1.15^2]
=
756.144.000
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1,000,000,000
(accrued interest)
x
[1/1.15^3]
=
657,516,000
Third year:
10,000,000,000
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
x
[1/1.15^3]
=
6,575,160,000
Total
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
According to this example, total amount collected from the
bond issuance is 10,000,000,000d, in which the total present value of future
payments including principal and interest of bonds is 8,858,385,000d. This
value is defined as the value of the principal of convertible bonds at the time
of initial recording and is recorded as liabilities from the issuance of
convertible bonds.
– Valuation of capital component of convertible bonds (bond
conversion option)
The value of the capital component of convertible bonds is
defined as the difference between the total amounts collected from issuance of
convertible bonds and the value of the debt component of the convertible bond
at the time of release.
According to the above example, the value of the capital
component of convertible bonds is defined as: 10,000,000,000 – 8,858,385,000 =
1,141,615 billion dong. The value of capital component of convertible bonds is
recorded as stock options under the owner’s equity.
g) After initial recording, accountants must adjust the
value of the principal of converted bond as follows:
– Record an increase in the value of the principal of the
bonds for issuance costs allocated periodically;
– Record an increase in the value of the principal of bonds
for the difference between the payable bond interests calculated on the
interest of the unconvertible similar bond or real interest rates higher than
the payable interest calculated on nominal interest rate.
Example: Following the above example, the determination of
financial expenses in the period and adjustment of the value of the principal
of convertible bonds at the end of the period shall be as follows:
Unit Thousand dong
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Value of the principal of
convertible bonds at the beginning of period
Financial expense recorded
in the period
(Interest 15%/year)
Accrued interest
calculated on the nominal interest rate of 10% / year
Value adjusted to increase
the principal of convertible bonds during the period
Value of the principal of
convertible bonds at the end of period
First year:
8,858,385
1,328,760
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1,000,000
328,760
9,187,150
Second year:
9,187,150
1,378,070
[9,187,150 x 15%]
1,000,000
378,070
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Third year:
9,565,220
1,434,780
[9,565,220 x 15%]
1,000,000
434,780
10,000,000
h) Upon maturity of convertible bonds:
– The value of stock options of convertible bonds recorded
in owner’s equity is transferred to be recorded as premium of share capital
which does not depend on the bondholders who can exercise the option to convert
into stock or not.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the bondholders exercise the option to convert bonds
into stocks, accountants must record a decrease in the principal of convertible
bonds and record an increase in owner’s capital in proportion to par value of
stocks released additionally. The difference between the values of the
principal of the convertible bonds which is higher than the value of stocks
released additionally is recorded as share premium.
2. Structure and contents of account 343 – Bond released
a) Account 343 – “Bond released”, comprises 2 sub-accounts:
– Account 3431 – “Common bond. This account comprises 3
sub-accounts:
Account 34311 – Bond par value
Account 34312 – Bond discount
Account 34313 – Bond premium
– Account 3423 “Convertible bond”
b) Structure and contents of account 3431 “Common bond”
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Payment at bond maturity;
– Bond discount incurred in period;
– Allocation of bond premium in period;
Credit side:
– Value of bond issued at par during period;
– Allocation of bond discount in period;
– Bond premium incurred in period.
Credit balance: Value of borrowing debt due to releasing bond at end of
term.
c) Structure and contents of account 3432 “Convertible bond”
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Payment of principal at bond maturity if bondholders do
not exercise the option to convert into stocks;
– Transfer of principal of bonds to record an increase in
owner’s equity if bondholders exercise the option to convert into stocks.
Credit side:
– Value of the principal of bonds recorded at the time of
release
– Value adjusted to increase the principal of bonds during
the period
Credit balance: Value of the principal of bonds at the time of report.
3. Method of accounting for several major transactions
Accounting for issuing common bond
a) Accounting for issuing bond at par value
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, etc. (Sums received from buying bond)
Cr 34311 – Bond par value
– If paying bond interests periodically, when interests
payments are calculated into business and production costs or capitalized,
record:
Dr 635 – Financial expenses (if calculated into financial
expenses in period)
Dr 627, 241 (if capitalized)
Cr 111, 112… (Sums paid for bond interests in period)
– If bond interests payment are deferred (when bonds
mature), every term, enterprises must calculate in advance borrowing interest
costs payable in period in business and production costs, or capitalize,
record:
Dr 635 – Financial expenses (if be calculated into financial
expenses in period)
Dr 241, 627 (if capitalized into value of unfinished asset)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
At the end of bond life, enterprises pay principal and
interest bond for people buying bond, recorded:
Dr 335 – Accrued expenses payable (Total sums of bond
interests)
Dr 3431 – Bond par value (principal)
Cr 111, 112…
– In case of prepaying bond interests at bond releasing,
borrowing interest costs shall be recorded in Debit side of Account 242
(details of prepaid bond interests), after that, allocated gradually to cost
objects:
When releasing bond, recorded:
Dr 111, 112, etc. (Total sums actually received)
Dr 242 – Prepaid expenses (details of prepaid bond
interests)
Cr 34311 – Bond par value
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 635 – Financial expenses (if be calculated into financial
expenses in period)
Dr 241, 627 (if capitalized into value of unfinished asset)
Cr 242 – Prepaid expenses (details of prepaid bond
interests)) (sums of bond interests allocated in period)
– Expenses for bond releasing:
Expenses for bond releasing incurred, record:
Dr 34311 – Bond par value
Cr 111, 112…
Periodically, allocation of expense on bond issuance under
the straight-line method or the real interest rate method, record:
Dr 635, 241, 627 (allocation of amount of expenses of
issuing bonds in the period)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Payment at bond maturity, record:
Dr 34311 – Bond par value
Cr 111, 112…
b) Accounting for issuing discount bond
– Recording sums actually received from bond releasing,
record:
Dr 111, 112, etc (sum received from selling bond)
Dr 3432 – Bond discount (the difference between sums
received from selling bond at price lower than par value)
Cr 34311 – Bond par value
– In case of periodical paying interests, when borrowing
interest’s payments are calculated into business and production costs or
capitalize, record:
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 241, 627 (if capitalized into value of unfinished asset)
C r 111, 112… … (sums paid for bond interests in period)
Cr 3432 – Bond discount (Allocation amount of bond discount
every term)
– In case bond interest’s payments are deferred (when bond
mature):
Every term, enterprises must calculate payable borrowing
interest costs in period, record:
Dr 635 – Financial expenses (if calculated into financial
expenses in period)
Dr 241, 627 (if capitalized into value of unfinished asset)
Cr 335 – Accrued expenses (bond interests payable in period)
Cr 3432 – Bond discount (Allocation amount in period)
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TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 335 – Accrued expenses (Total sums of bond interests)
Dr 34311 – Bond par value
Cr 111, 112…
– In case of prepaying bond interests at bond releasing,
borrowing interest costs shall be recorded in Debit side of acc 242 (details of
prepaid bond interests), after that, allocated gradually to cost objects:
When releasing bond, record:
Dr 111, 112, etc. (Total sums actually received)
Dr 3432 – Bond discount
Dr 242 – Prepaid expenses (sums of prepaid bond interests)
Cr 34311 – Bond par value
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 635 – Financial expenses (if calculated into financial
expenses in period)
Dr 241, 627 (if capitalized into value of unfinished asset)
Cr 242 – prepaid expenses (sums of bond interests allocated
in period)
Cr 3432 – Bond discount (Allocation amount of bond discount
every term)
Paying bond at maturity, record:
Dr 34311 – Bond par value
Cr 111, 112…
c) Accounting for releasing bonds at premium
– Recording sums actually received from bond released:
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 3433 – Bond premium (the difference between sums received
from selling bond at price higher than par value)
Cr 34311 – Bond par value
– In case of periodical paying interests:
When interest payments are calculated into business and
production costs or capitalized, record:
Dr 635 – Financial expenses (if calculated into financial
expenses in period)
Dr 241, 627 (if capitalized into value of unfinished asset)
C r 111, 112… … (sums paid for bond interests in
period)
Concurrently, allocating gradually bond premium to record a
decrease in borrowing costs every term, record:
Dr 34313 – Bond premium (Gradual allocation amount of every
term)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– In case of interests payments are deferred (at bond
maturity), every term, and enterprises must record in advance borrowing
interest costs payable in period.
When calculating borrowing interest costs for cost objects
in period, record:
Dr 625, 241, 627
Cr 335 – Accrued expenses (bond interests payable in period)
Concurrently, allocating gradually bond premium to record a
decrease in borrowing costs every term, recorded:
Dr 34313 – Bond premium
Cr 635, 241, 627
At end of bond life, enterprises must pay bonds’ principal
and interest for people having bonds, record:
Dr 335 – Accrued expenses (Total sums of bond interests)
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112…
– In case of prepaying bond interests at bond releasing,
borrowing interest costs shall be recorded in the Debit side of acc 242
(details of prepaid bond interests), after that, allocated gradually to cost
objects:
When releasing bond, record:
Dr 111, 112, ..(Total sums actually received)
Dr 242 – prepaid expenses (sums of prepaid bond interests)
Cr 34313 – Bond premium
Cr 34311 – Bond par value
Periodically, allocating borrowing interests costs for cost
objects in period, record:
Dr 635 – Financial expenses (if calculated into financial
expenses in period)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 242 – Prepaid expenses (sums of bond interests allocated
in period)
Concurrently, allocating gradually bond premium to record a
decrease in borrowing costs every term, record:
Dr 34313 – Bond premium (allocation amount of bond premium
of every term)
Cr 635, 241, 627
Accounting for issuing convertible bond
a) At the time of issuance, accountants determine the value
of principal and stock options of convertible bonds by discounting the nominal
value of future payments to present value, record:
Dr 111, 112 (total sum received from issuance of convertible
bonds)
Cr 3432 – Convertible bonds (origin debt)
Cr 4113 – Bond conversion option (the difference between sum
received and principal of convertible bonds).
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Expenses for bond releasing incurred, record:
Dr 3432- Convertible bond
Cr 111, 112, 338…
– Periodic allocation of cost to issue bonds into financial
expense, record:
Dr 625, 241, 627
Cr 3432- Convertible bond
c) Periodically, accountants record financial expenses or
capitalize for the bond interest payable under interest of a similar bond
without conversion rights or under common loan interest rates in the market
simultaneously adjust the value of the principal of convertible bonds, record:
Dr 635- Financial expense
Dr 241, 627 (if capitalized)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3432 – Convertible bonds (the difference between the bond
interest calculated according to real interest or equivalent bond interest
without right to convert higher than the bond interest payable in the period
under nominal interest)
d) At bond maturity, in case the bondholders do not exercise
the option to convert bonds into stocks, enterprises must repay principal of
bonds, record:
Dr 3432- Convertible bond
Cr 111, 112.
Concurrently, transfer value of stock options of convertible
bonds to share premium, record:
Dr 4113 – Bond conversion option
Cr 4112- Share premium
e) At bond maturity, if bondholders exercise the option to
convert bonds into stocks, accountants record a decrease in the principal of
convertible bonds and record an increase owner’s capital, record:
Dr 3432- Convertible bond
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 4112 – Share premium (the difference between the value of
additional shares issued at their par value and the value of the principal of
convertible bonds).
Concurrently, transfer value of stock options of convertible
bonds to share premium, record:
Dr 4113 – Bond conversion option
Cr 4112- Share premium
Article 60. Account 344- Deposit received
1. Accounting Principles
This account used for recording amounts enterprises received
deposits of outside units and individuals to ensure for services related to
business and production to be performed in compliance with the signed economic
contract/ such as receiving deposits to ensure the performance of economic
contracts, agency contracts, etc
Accountants received long-term deposits must monitor in
detail each deposit received from every customer under each term and each type
of currency. Deposits received payable with remaining term within 12 months are
presented as short-term liabilities, accounts with a term of 12 months or more
are presented as long-term liabilities.
c) Cases of receiving mortgaging and pledging in kind shall
not be recorded in this account but monitored in notes to financial Statements.
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– At the time of receipt of deposit in foreign currency,
accountants convert into accounting monetary units in accordance with the real
exchange rate at the incurring time;
– When repaying deposit sum in foreign currency, accountants
must convert at the real exchange rate of recording by name;
– When preparing the financial statements, accountants shall
revaluate the sum received from deposit payable at real exchange rates at the
time of reporting. The incurred exchange rate differences shall be recorded
immediately in financial expenses or financial income.
2.
Structure and contents of account 344 – Deposit received
Debit side: Refunding money of deposit received
Credit side: Deposit received by cash
Credit Balance: Sums of deposit received unpaid
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3. Method of accounting for several major transactions
a) Upon receipt of the deposit of units or individuals
outside, record:
Dr 111, 112
Cr 344 – Deposit received (details for every customer)
b) When refunding money of deposit to customers, record:
Dr 344 – Deposit received
Cr 111, 112.
In case of refunding money of deposit in foreign currency,
record:
Dr 344 – Deposit received (in real exchange rates of
recording by name of each object)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112 (at exchange rate of recording weighted average
of account)
Cr 515 – Financial income (gain on forex)
c) In cases deposit units are fined according to the
agreement in economic contracts for their breach of economic contracts already
signed with the enterprises:
– a) When receiving fine for breach of signed economic
contracts: If it is deducted from money of deposit, record:
Dr 344 – Deposit received
Cr 711 – Other income
– When actual paying remaining deposits, record:
Dr 344 – Deposit received (deducted from fines)
Cr 111, 112.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If gain on forex is incurred, record:
Dr 344 – Deposit received
Cr 413 – Exchange differences
– If loss on forex is incurred, record:
Dr 413 – Exchange differences
Cr 344 – Deposit received
Article 61. Account 347- Deferred
income tax payable
1. Accounting Principles
This account is used for recoding current value and
variation situation of increase and decrease in deferred income tax payable.
Deferred income tax payable is determined on the basic of taxable temporary
difference amounts tax incurred in year and tax rate of current income tax
according to following formula:
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
=
Taxable temporary
difference amount
x
Current enterprise income
tax rate (%)
In case at the time of recording the deferred income tax
payable, there is a change in enterprise income tax rate in the future is
known, if refunding deferred income tax payable is in the new tax period which
takes effect, tax rate applied to record deferred income tax payable is
calculated according to the new tax.
b) Basis of assessment of assets or payable liabilities and
temporary differences:
– Basis of assessment of assets shall be deducted from
taxable income when recovered the recording value of assets. If the income is
not taxable, the basis of charging tax of assets shall be in the book value of
such assets. Basis of charging tax of income of liabilities is its recording value
which minuses (-) value which shall be deducted from taxable income upon
payments of liabilities in future periods. For income received in advance,
basis of assessment is its recording value, which minuses the value of
non-taxable income in future.
– Temporary differences are the differences between the
recording value of assets or liabilities in the Balance Sheet and the basis of
charging tax of such assets or liabilities. Temporary differences include two
categories: deductible temporary differences and taxable temporary differences.
Taxable temporary differences are temporary differences arising income tax
payable upon determination of taxable income in the future when the recording
value of the assets are recovered or liabilities are paid.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Temporary differences between book value of assets or
liabilities compared to basis of charging tax of such assets or liabilities may
not be temporary differences in term of time, for example: When revaluing
assets, the book value of the property changes, but if the basis of charging
tax does not change, the temporary difference shall arise. However, recovery
time of book value and basis of charging tax shall not change; the temporary
differences shall not be temporary differences in term of time.
Accountants shall not continue to use the term
“permanent differences” to distinguish it from temporary differences
when determining the deferred income tax due to asset recovery time or paying
liabilities as well as time to deduct assets and liabilities from the taxable
income is limited.
c) Deferred income tax payable must be recorded for all
taxable temporary differences, unless the deferred income tax payable is raised
from the initial record of assets or liabilities of the a transaction which
does not affect the accounting profit or income taxable profit (or taxable
loss) at the time of transaction incurred.
d) When preparing financial statements, accountants must
determine the taxable temporary differences arising in the current year as a
basis for determining the deferred income tax payable recorded in current year.
dd) The recording deferred income taxes payable in the year
shall comply with under the principle of balancing the deferred income tax
payable incurred in current year with deferred income tax payable recorded from
previous years but in current year is recorded a decrease (refund), under the
following principles:
– If the deferred income tax payable arising during the year
is higher than the deferred income tax payable refunded in the year,
accountants only record that the addition of deferred income tax payable is the
difference between deferred income tax payable arising higher than the deferred
income tax payable refunded in the year;
– If deferred income taxes payable incurred in year are less
than deferred income taxes refunded in year, accountants only record a decrease
(refund) of deferred income taxes being the difference between deferred income
taxes payable incurred and deferred income taxes refunded in year;
e) Deferred income taxes payable incurred in year are not
related to items recorded directly into owner’s capital must be recorded as
deferred income taxes expenses incurred in year.
g) Accountants must record a decrease in deferred income
taxes when temporary taxable differences do not affect to taxable profits (when
assets are recovered or liabilities are paid)
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
2. Structure and contents of account 347 – Deferred income
tax payable
Debit side: Deferred income tax payable decreased (refunded) in period
Credit side: Deferred income tax payable recorded in period.
Credit Balance: Deferred income tax payable remained at term-end.
3. Method of accounting for several major transactions
At year-end, accountants shall base on “Assessment statement
of deferred income tax payable”, to record deferred income tax payable incurred
from transactions in year into deferred income tax expenses:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 8212 – Deferred enterprise income tax expenses
Cr 347 – Deferred income tax payable.
b) If deferred income taxes payables incurred in year are
less than deferred income taxes refunded in year, accountants only record a
decrease (refund) in deferred income taxes payables being the negative
difference between deferred income taxes payable incurred and deferred income
taxes refunded in year, record:
Dr 347 – Deferred income tax payable.
Cr 8212 – Deferred enterprise income tax expenses.
Article 62. Account 352 – Provision
for payables
1. Accounting Principles
a) This account is used to record of current provision for
payables, situation of appropriation and use of provision for payables of
enterprises.
b) A provision for payable only record when meet all
following conditions:
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Decrease in economic benefits may happen leading to the
requirement for payment of debt obligation, and;
– Giving a confident estimation on value of such debt
obligation
c) Value recorded of a provision payable is the most
reasonably estimated the amount which will be paid for current debt obligation
at of accounting year-end at the end of the interim period.
d) The provision payable shall be set up at the time of
financial Statement. In case the amount of provision for payable needs to be
set up in this accounting term is higher than unspent amount of provision for
payable formed in the previous accounting term, the difference is recorded in
business and production costs of that accounting term. In case the amount of
provision for payable needs to be set up in this accounting term is less than
the unspent amount of provision for payable set up in the previous accounting
term, the refunded difference is recorded a decrease in business and production
costs of that accounting term.
If provision for payable on construction warranty is set up
for every construction and is set up at the end of accounting year or at the
end of interim accounting period. In case amount of provision for payable on
construction warranty set up is higher than real expenses incurred, the
difference refunded shall be recorded in Account 711 “Other income”
dd) Only expenses related to the provision for payable set
up initially shall be offset by that provision for payable
e) Not record the provision for losses on operation in
future; except they are related to a great risk contract and meet conditions
for recording provision for payable. If enterprises have high risk contract,
current debt obligation due to contract must be recorded and evaluated as a
provision for payable, and this provision will be set up separately for every
large risk contract.
g) A provision for expenses of enterprise restructuring are
only recorded when having enough conditions for recording as provisions
according to regulation at section “Provisions, assets, latent debts” of
accounting standard. When conducting the enterprise restructuring, jointly
liable obligation only incurred when enterprises:
– Have official and specific plan to determine clearly the
enterprise restructure, which include at least 5 following contents:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Important positions influenced;
Positions, tasks and estimated quantity of employees who
will receive compensation when they are obliged to cease job;
Expenses shall be paid, and
Time the plan is performed
– Give a reliable estimation on affected subjects and
conduct restructure process by start of implementating that plan, or notice
important issues of restructure to affected subjects.
h) A provision for restructuring is only estimated for
expenses directly incurred from restructuring activities; those are expenses
that meet both two conditions:
– Need to have for restructure activities;
– Not be related to regular activities of enterprises.
Provision for restructure excluding expenses as follows:
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Marketing;
– Investing in new systems and distribution networks
Provision for payables often includes:
– Payable provisions for enterprise restructure;
– Payable provisions for product warranty;
– Payable provisions for construction warranty;
– Other payable provisions, including provision for
severance allowance in accordance with provisions of the law, provision for the
periodical repair and maintenance of fixed assets (under technical
requirement), payable provisions for contracts with major risk in which the
payable costs for the obligations relating to the contract exceed the economic
benefits expected to be obtained from such contracts;
k) When setting up provision for payables, enterprises are
allowed to record that provision in management expenses, payable provisions for
warranty of products or goods shall be recorded in selling expense, payable
provisions for warranty expenses of construction shall be recorded in
manufacturing overhead expenses.
2. Structure and contents of account 352 – Provision for
payables
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– To record a decrease in provision for payables when
incurring expenses related to the provision set up initially;
– To record a decrease in (refund) provision for payables
when enterprises are certainly not suffer decrease on economic, due to not
paying debt obligation;
– To record a decrease in provision for payables on the
difference from provision for payables set up this year, less than unspent
provision for payables established for previous year.
Credit side: To record provision for payables appropriated and charged
to expenses
Credit Balance: To record current provision for payables at term-end.
Account 352 comprises 4 sub-accounts
– Account 3521- Provision for product warranty: This account is used to record the
provision for product warranty for number of products, goods defined to consume
in period;
– Account 3522 – Provision for construction warranty: This account is used to record the
provision for construction warranty for works, work items completed, handed
over in period;
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Account 3524 – Other payable provision: This account records the payable
provisions under the provisions of the law in addition to the provision has
been recorded above, such as environmental restoration costs, cleanup costs,
recovery and return of premises, provision for severance allowance under the
provisions of the Labor Code, cost of periodic repair, maintenance of fixed
asset …
3. Method of accounting for several major transactions
a) Method of accounting of provision for product, goods
warranty
– In case enterprises sell goods for customers including
warranty for repairing fails due to production fault, discovered in the
warranty period of products, goods, enterprises must estimate warranty costs
based on the number of products, goods determined to be consumed in period.
When making provision for the cost of repairing and maintenance of
products, goods sold, record:
Dr 641 – Selling expenses
Cr 352 – Provision for payables (3521)
– When incurring expenses related to payable provision for
warranty of products, goods established initially, such as material costs, direct
labor costs, fixed-asset depreciation expenses, outsourced services
expenses…:
In case of not having the independent section on warranty of
products, goods:
When incurring expenses related to payable provision for
warranty of products, goods, record:
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (if any)
Cr 111, 112, 152, 214, 331, 334, 338, …
At term-end, transferring warranty expenses of products,
goods actually incurred in period, record:
Dr 154 – Work in progress
Cr 621, 622, 627, …
In repair or warranty of products, goods, accomplished and
transferred to customers, record:
Dr 352 – Provision for payables (3521)
Dr 641 – Selling expenses (Insufficient payable provision
for warranty of products, goods)
Cr 154 – Work in progress
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 352 – Provision for payables (3521)
Dr 641 – Selling expenses (negative difference between
payable provision for warranty of products, goods and real warranty expenses)
Cr 336 – Internal Payables
– When preparing the financial statements, enterprises must
determine the provision for warranty for products, goods:
In case provision for payables needs to be set up at this
accounting term is higher than unspent provision for payables set up in
previous accounting term, the difference is accounted for into expenses,
record:
Dr 641 – Selling expenses
Cr 352 – Provision for payables (3521)
In case provision for payables needs to be set up in this
accounting term is less than unspent provision for payables set up in previous
accounting term, the refunded difference shall be recorded a decrease in
expenses, record:
Dr 352 – Provision for payables (3521)
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) Method of accounting of provision for construction
warranty
– The provision for construction warranty is made for each
work, work item completed, transferred in period. When determining the
provision payable for the cost of construction warranty, record:
Dr 627- General production costs
Cr 352 – Provision for payables (3522)
– When incurring expenses related to payable provision for
construction warranty established initially, such as material costs, direct
labor costs, fixed-asset depreciation expenses, outsourced services
expenses…:
In case enterprises carry out the construction warranty:
When incurring expenses related to payable provision for
warranty, record:
Dr 621, 622, 627, ..
Dr 133 – Deductible VAT (if any)
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
At term-end, transferring warranty expenses actually
incurred in period, record:
Dr 154 – Work in progress
Cr 621, 622, 627, …
Upon repair or warranty of construction accomplished
and transferred to customers, record:
Dr 352 – Provision for payables (3522)
Dr 632 – Cost price of goods sold (the difference between
the provision appropriated less than real warranty expenses)
Cr 154 – Work in progress
In case of assignment of affiliated units or outsourcing to
perform warranty, record:
Dr 352 – Provision for payables (3522)
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 331, 336…
– Out of the warranty period of constructions, if constructions
have no warranty, or payable provision for warranty of construction is higher
than real expenses incurred, the difference must be refunded, record:
Dr 352 – Provision for payables (3522)
Cr 711 – Other income
c) Method of accounting of provisions for enterprise
restructuring and other payable provisions
– When setting up provision for restructuring costs of
enterprise, other payable provisions for contracts with major risk in which the
costs required to pay for the obligations relating to contract exceed the
economic benefits expected to be obtained from the contract (such as indemnity
or compensation for failure to perform the contract, legal cases …), record:
Dr 642 – Enterprise administrative expense (6426)
Cr 352 – Provision for payables (3523, 3524)
– When setting up provision for environmental restoration
costs, cleanup costs, recovery and return of premises, provision for severance
allowance under the provisions of the Labor Code…record:
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 352 – Provision for payables
– For fixed assets according to the technical requirements
periodically prepared, accountants must advance repair costs of the fixed
assets, record:
Dr 627, 641, 642
Cr 352 – Provision for payables
– When incurring expenses related to the payable provision
made, record:
Dr 352 – Provision for payables (3523, 3524)
Cr 111, 112, 241, 331, …
– When preparing financial statements, enterprises must
determine payable provisions needed setting up:
In case provision for payables necessary to establish for at
this accounting term is higher than unspent provision for payables established
for previous accounting term, the difference is accounted for into expenses,
record:
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 352 – Provision for payables (3523, 3524)
In case provision for payables necessary to establish for
this accounting term is less than unspent provision for payables established at
previous accounting term, the refunded difference shall be recorded a decrease
in expenses, record:
Dr 352 – Provision for payables (3523, 3524)
Cr 642 – Enterprise administrative expense (6426)
d) In some cases, enterprises may seek for a third party for
payment of a part or total expenses for provision (for example, through
insurance contracts, compensations or warranty of suppliers), the third party
may refund for all what enterprises paid. When enterprises receive the
compensation of a third party to pay a part or total expenses for provision,
accountants record:
Dr 111, 112…
Cr 711- Other income
dd) Accountants settle payable provisions before
transforming 100%-state-owned enterprises into joint-stock companies.
Provisions payable after offsetting losses, at the time of
being officially transformed into a joint stock company, if they are remaining,
they shall be accounted for in the state capital increase at the time of
transfer, record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 411- owner’s capital
Article 63. Account 353- Bonus and
welfare fund
1. Accounting Principles
a) This account is used to record the current amounts,
increase, decrease situation of bonus and welfare fund and reward fund of the
executive management board of enterprises. Bonus and welfare funds are deducted
from post-corporate income tax profits of enterprises to use for reward and
encouragement of physical benefits, serving the needs of public welfare,
improvement and enhancement of the standard of physical and spirit life of
workers.
b) The setting up and using the bonus and welfare fund and
reward fund of executive management board of company must comply with current
financial policies.
c) Bonus and welfare fund and reward fund of executive
management board of company must be accounted for detailed according to each
type of fund.
d) For fixed asset invested, purchased by welfare fund
completed and used in manufacturing, trading, accountants record an increase in
fixed assets as well as an increase in owner’s capital and a decrease in
welfare fund.
dd) For fixed asset invested, purchased by welfare fund
completed and used for needs of cultural and welfare of enterprises,
accountants record an increase in fixed assets and simultaneously transfer from
the welfare fund (Account 3532) to welfare funds that form fixed assets
(account 3533). The fixed assets shall not be deducted depreciation of fixed
assets from expense monthly, at the end of the accounting year, depreciation of
fixed assets shall be calculated once / year to record a decrease in welfare
funds that form fixed assets.
2. Structure and contents of account 353- Bonus and welfare
fund
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Expenses of bonus and welfare fund and reward fund of
executive management board of company;
– Decrease of welfare fund that forms fixed assets when
calculating the depreciation of fixed assets or the sale or liquidation,
insuffient detection during inventory of fixed assets;
– Investment and purchase of fixed assets by welfare fund
completed and used for needs of cultural and welfare;
– Allocation of bonus and welfare fund to subordinates.
Credit side
– Setting up bonus and welfare fund and reward fund of
executive management board of company from post-corporate income tax profits;
– Bonus and welfare fund allocated by superiors;
– Welfare fund that forms fixed assets increased due
to investment, purchase of fixed assets by welfare fund completed and put into
use in production, trading or cultural and welfare activities.
Credit balance: The remaining bonus and welfare funds of
enterprises.
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Account 3531 –Bonus fund: Records the current situation, setting up and use
of bonus fund of enterprises.
– Account 3532 – Welfare fund: Records the current situation,
setting up and use of welfare fund of enterprises.
– Account 3533 – Welfare fund that forms fixed assets: Records the current amounts,
increase or decrease situation of welfare fund that forms fixed assets of
enterprises.
– Account 3534 – Reward fund of executive management
board of company: Records the current amounts, setting up and use of reward
funds of executive management board of company.
3. Method of accounting for several major transactions
a) In year, when deducting from bonus and welfare fund,
record:
Dr 421 – Undistributed post-tax profits
Cr 353 – Bonus and welfare fund (3531, 3531, and 3534)
b) At the end of the year, determining bonus and welfare
fund deducted additionally, record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 353 – Bonus and welfare fund (3531, 3532, and 3534)
c) Calculating the bonuses paid to employees and other
workers in enterprises, record:
Dr 353 – Bonus and welfare fund (3531)
Cr 334 – Payable to employees.
d) Using welfare fund for subsidizing difficulties and
expenditures for employees and workers on vacation, expenditures for culture
public culture and performance movement, record:
Dr 353 – Bonus and welfare fund (3532)
Cr 111, 112.
dd) When selling products, goods covered by bonus and
welfare fund, accountants must record revenues excluding VAT payable, record:
Dr 353 – Bonus and welfare fund (total payment)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payable (33311).
e) When superiors allocate bonus and welfare fund for
subordinate units, record:
Dr 353 – Bonus and welfare fund (3531, 3532, and 3534)
Cr 111, 112.
g) Bonus and welfare fund allocated by superior units, record:
Dr 111, 112…
Cr 353 – Bonus and welfare fund (3531, 3532).
h) Using welfare fund to support for disaster, fire, charity
expenses … record:
Dr 353 – Bonus and welfare fund (3532)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
i) When investing, purchasing fixed
assets completed by welfare funds and put into use for the purpose of culture,
welfare of enterprises, record:
Dr 211 – Tangible fixed assets (cost)
Dr 133 – Deductible VAT (if any)
Cr 111, 112, 241, 331,…
If the input VAT is not deducted, historical costs of fixed
assets include VAT
Also are recorded:
Dr 3532 – Welfare fund
Cr 3533 – Welfare fund that forms fixed assets.
k) Periodically, calculating the depreciation of fixed
assets invested, purchased by welfare fund, used for needs of culture and
welfare of enterprises, record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 214 – Depreciation of fixed assets.
l) When selling or liquidating fixed assets invested,
purchased by welfare fund, used in cultural and welfare activities:
– Recording a decrease in asset sold or liquidated:
Dr 3533 – Welfare fund that forms fixed assets (remaining
value)
Cr 214 – Depreciation of fixed assets (depreciation value)
Cr 211 – Tangible fixed assets (cost)
– Recording the revenues and expenditures of sale or
liquidation of fixed assets:
For expenditures, record:
Dr 353 – Bonus and welfare fund (3532)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, 334,…
For revenues, record:
Dr 111, 112
Cr 353 – Bonus and welfare fund (3532).
Cr 3331 – VAT payable (if any ).
m) Accountants transfer assets which are the welfare
projects: In case of transfer of housing of officers, employees invested with
corporate bonus and welfare funds for local housing agencies to manage, record:
Dr 3533 – Welfare fund that forms fixed assets (remaining
value)
Cr 214 – Depreciation of fixed assets (depreciation value)
Cr 211 – Tangible fixed assets (cost)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 353 – Bonus and welfare fund (3354)
Cr 111, 112…
o) In case of a joint stock company which is entitled to
issue bonus shares from the reward fund to increase owner’s capital, record:
Dr 3531 – Reward fund
Dr 4112 – Share premium (selling price lower than par value)
Cr 4111- Contributions from owners
Dr 4112 – Share premium (selling price higher than par
value)
p) Accountants settle the balance of reward fund and bonus
and welfare fund before valuating enterprises in equitization of
100%-state-owned enterprises.
– When transferring the balance of bonus and welfare fund
paid for employee’s specific identification in the list of enterprises at the
time of equitization, record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 334 – Payable to employees.
– When paying for workers from bonus and welfare fund for
workers, record:
Dr 334 – Payable to employees.
Cr 111, 112.
– If enterprises have overspent of bonus and welfare fund
(account 353 with debit balance), settlement shall be as follows:
Sum paid directly to employees named in the regular list at
the time of the decision on equitization must be recovered before selling
preference shares, record:
Dr 138 – Other receivables
Cr 353 – Bonus and welfare fund (3531, 3532).
Sum paid out, spent on donations or retired workers lost
their jobs before the decision on equitization of enterprises and settled like
unrecoverable receivables by enterprise value decision agency, record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 642 – Enterprise administrative expense
Cr 353 – Bonus and welfare fund
Article 64. Account 356 – Science
and technology development fund
1. Accounting Principles
a) This account is used to record the current amount,
increase and decrease of science and technology development fund of
enterprises. Science and technology development fund shall only be used for
investment in science and technology in Vietnam.
b) Science and technology development fund is accounted for
in administrative expense of enterprise management to determine income
statement in period. Setting up and using science and technology development
fund must comply with the provisions of law.
c) Where enterprises use science and technology development
fund for research, production, testing, and sum received from the sale of
testing products shall be offset against testing production cost under the
following principles:
– The difference between sum received from the sale of
testing products higher than testing production cost shall be recorded increase
of science and technology development fund;
– The difference between sum received from the sale of
testing products lower than testing production cost shall be recorded decrease
of science and technology development fund;
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Structure and content of account 356 – Science and
technology development fund
Debit side:
– Expenditures from science and technology development fund;
– Decrease of science and technology development fund that
forms fixed assets when calculating the depreciation of fixed assets; The
remaining value of fixed assets in sale or liquidation; costs of liquidation or
sale of fixed assets formed by science and technology development fund.
– Decrease of science and technology development fund
forming fixed assets when fixed assets created by science and technology
development fund are changed to serve the purpose of manufacturing and trading.
Credit side:
– Setting up science and technology development fund
into enterprise administrative expense.
– Sum received from liquidation, turnovers of fixed assets
formed by science and technology development fund.
Credit balance: The remaining scientific and technology development funds
of enterprises.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Account 3561 – Science and technology development fund: Records the current amounts and
setting up, use of science and technology development funds;
– Account 3562 – Science and technology development fund
that forms fixed assets: Records the current amount, increase, decrease of science and
technology development funds that form fixed assets (science and technology
development fund that forms fixed assets).
3. The method of accounting for several major transactions
a) During the year, when setting up scientific and
technological development fund, record:
Dr 642 – Enterprise administrative expense
Cr 356 – Science and technology development fund
b) When using science and technology development fund for
purpose of research, development of scientific and technological of
enterprises, record:
Dr 356 – Science and technology development fund
Dr 133 – Deductible VAT (if any)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) When using science and technology development fund for
testing production of products:
– Accountants summarize testing production cost,
record:
Dr 154 – Work in progress
Dr 133 – Deductible VAT
Cr 111, 112, 152, 331…
– When selling testing products, record:
Dr 111, 112, 131
Cr 154 – Work in progress
Cr 333 – Taxes and amounts payable to the State (if any)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
In case sum received from the sale of testing products is
higher than test trial production cost, accountants record an increase in
science and technology development fund, record:
Dr 154 – Work in progress
Cr 356 – Science and technology development fund
In case sum received from the sale of testing products is
lower than test trial production cost, accountants record on the reverse.
d) When investing, purchasing fixed assets by scientific and
technological development fund used for purposes of research, development of
science and technology:
– When investing, purchasing fixed assets, record:
Dr 211, 213 (Costs)
Dr 133 – Deductible VAT (if any)
Cr 111, 112, 331 …
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 3561 – Science and technology development fund
Cr 3562 – Science and technology development fund that forms
fixed assets.
– At the end of accounting term, calculating the
depreciation of fixed assets invested, purchased by scientific and
technological development fund used for purposes of research, development of
science and technology, record:
Cr 3562 – Science and technology development fund that forms
fixed assets
Cr 214 – Depreciation of fixed assets.
– When liquidating, selling fixed assets invested, purchased
by scientific and technological development fund:
Recording a decrease of fixed assets sold or liquidated:
Dr 3562 – Science and technology development fund that forms
fixed assets (remaining value)
Cr 214 – Depreciation of fixed assets (depreciation value)
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Recording sum received from liquidation or sale of fixed assets:
Dr 111, 112, 131
Cr 3561 – Science and technology development fund
Cr 3331 – VAT payable (33311).
Recording expenses incurred directly related to the
liquidation or sale of fixed assets:
Dr 3561 – Science and technology development fund
Dr 133 – Deductible VAT (if any)
Cr 111, 112, 331
– At the end of the research, development of science and
technology, fixed assets created from scientific and technological development
fund are transferred to serve the purpose of manufacturing and trading,
accountant’s record:
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 711 – Other income
From time fixed assets are switched to serve the purpose of
manufacturing, turnovers, depreciation of fixed assets are included in cost of
production, trading under current accounting policy.
Article 65. Account 357 – Price
stabilization fund
1. Accounting Principles
a) This account is used to record changes and value of price
stabilization fund value at the time of the report of the enterprises which are
entitled to set up the price stabilization fund from the cost of production and
business in accordance with law. Depending on the industry, business sector,
enterprises are entitled to actively add to the name of this Fund in accordance
with their industry, business areas, such as the petrol price stabilization
fund.
b) Enterprises must set up, use and settle the price
stabilization fund in accordance with the law. Enterprises only use this
account if required by law to set up price stabilization fund from the cost of
production, turnovers in period.
c) Price stabilization fund when set up is included in cost
price of goods sold, when used for the purpose of stabilizing prices,
enterprises record a decrease in cost price of goods sold.
2. Structure and contents of account 357 – Price
stabilization fund
Debit side: Used price stabilization fund
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit balance: The current price stabilization fund of enterprises at the
end of the period.
3. Methods of accounting for price stabilization Fund
– When setting up Price stabilization fund, record:
632 – Cost price of goods sold
Cr 357- Price stabilization fund
– When using price stabilization Fund, record:
Dr 357- Price stabilization fund
Cr 632 – Cost price of goods sold
Article 66. Accounting principles of
owner’s equity
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Capital contributed by the owners;
– Profit from operations;
– Differences upon asset revaluation.
2. Accountants do not record contributed capital under
charter capital on business registration certificate. The owner’s equity
mobilized, received from owners shall always be recorded at the amount actually
contributed, absolutely shall be not recorded at the amount pledged
contribution of owners. In case of receiving contributed capital by non-monetary
assets, accountants must record according to the fair value of non-monetary
assets at the date of contribution.
3. Receiving contributed capital by the kind of intangible
assets, such as copyright, right to develop and use property, trademarks, brands
… shall only be carried out under provisions of law or permission of
competent bodies. When the law does not have specific regulations on this
issue, the capital contribution by trademarks, brand shall be accounted as
asset lease or franchising, in which:
– For the side contributing capital by brand, trademark,
trade name: Record sum received from using the trademark, trade name of
the other side as revenue from lease of intangible asset, franchising, do not
record an increase in the value of investments into other units and income of
owner’s equity corresponding to the investment value;
– For the side receiving capital contribution by brand,
trademark, trade name: Do not record the value of brand, trademark, trade name
and record an increase of owner’s equity corresponding to the value of the
brand, trademark, trade name received the contributed capital. Payments for the
use of brand, trademark, trade name are recorded the asset rental costs, the
franchise cost.
4. The use of owner’s capital, differences upon asset
revaluation, development investment funds to subsidize business shall comply
with the decision of the owners; enterprises must fully carry out procedures as
prescribed by law.
5. The distribution of profit is only made when the
enterprises have undistributed post-tax profits. All cases of payment of
dividends, profits for the owners exceeding the undistributed post-tax profits
shall be essentially decrease of contributed capital, enterprises must fully
comply with the procedures prescribed by law and adjust the Business
registration certificate.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1. Accounting Principles
a) This account is used to record the current capital
invested by owners and increase or decrease of owner’s capital. Subsidiary
companies, units who have legal status in dependent cost-accounting, recorded
the capital invested in this account by parent company.
Depending on the operating characteristics of each unit,
this account may be used in the unit without legal status in dependent
cost-accounting to record the working capital allocated by superior units (in
case of not recorded in account 3361 – Internal payable to working capital).
b) Owner’s capital shall include:
– Initially and additionally contributed capital of owners;
– Sum added from funds under owner’s equity, post-tax
profits of the business;
– The capital component of the convertible bond (options of
conversion of bonds into shares);
– Non-refundable aids, other sums received allowed recording
an increase of owner’s capital by competent agencies.
c) Enterprises shall only account for in account 411 –
“owner’s capital” according to the actual amount of capital
contributed by owners, not record in accordance with committed, receivable sum
of owners.
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
dd) Enterprises only record a decrease of owner’s capital in
case:
– Enterprises repay the capital for the State budget or are
mobilized capital for other enterprises under decision of competent agencies;
– Enterprises repay capital for owners, cancel stock fund in
accordance with the law;
– Enterprises dissolve; terminate their operations in
accordance with law;
– Enterprises are under other cases stipulated by law.
e) Capital holding of investors is determined in foreign
currency
– When the investment license defining the charter capital
of the enterprise is determined in foreign currency equivalent to an Vietnam
dong amount, determining the contributed capital by investors in foreign
currencies (surplus or deficit, enough compared with charter capital) is based on
the amount of foreign currency actually contributed, is not taken into account
the conversion of foreign currencies into Vietnam Dong according to investment
license.
– Where enterprises record in accounting books, prepare and
present financial statements in Vietnam Dong, when investors contribute capital
in foreign currency according to progress, accountants must apply the actual
exchange rates at the time of actual contribution to convert into Vietnam Dong
and record in owner’s capital, capital stock premium (if any).
– During operation, the balance of Account 411 “owner’s
capital” derived from foreign currencies shall not be revalued.
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
h) For joint-stock company, contributed capital of the
shareholders is recorded according to actual price of stock issuance, but is
recorded in detail in two separate criterions: Contributions from owners of
capital stock premium:
– Contributions from owners are recorded according to par
value of shares and are monitored in details for common shares with voting
rights and preference shares. Enterprises must record in detail separately 2
types of preference shares:
Preference shares are classified as owner’s equity if the
issuer has no obligation to repurchase such preferred shares.
Preference shares are classified as liabilities if issuers
are required to repurchase such preference shares at a determined time in the
future and obligation in repurchase of shares must be specified in issuance
records at the time of the issuance of shares.
– Share premium shall record the difference between the par
value and issue price of shares (including the case of re-issuing stock fund)
and can be a positive premium (if the issue price is higher than par value) or
negative premium (if the issue price is lower than par value).
i) Principles for determining and recording options of
conversion of bonds into shares (the capital component of the convertible
bond):
Option of conversion of bonds into shares arising when
enterprises issue bonds that can be converted into a certain number of shares
shall be prescribed in issuance plan.
– The value of the capital component of the convertible bond
is defined as the difference between the total sums received from the issuance
of convertible bonds and the value of the debt component of convertible bonds
(see the provisions of the account 343 – Bonds issued).
– At the time of initial recording, the value of stock
options of convertible bonds is recorded separately in owner’s capital. At the
bond maturity, accountants shall record this option as capital stock premium.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit side: Owner’s capital decreases due to:
– Repayment of capital for the owners of capital;
– Transfer of funds to another unit;
– Issuance of shares with price lower than par value;
– Dissolution, termination of business operations;
– Compensating for business losses under decision of the
competent authority;
– Cancellation of treasury stocks (for joint stock
companies)
Credit side: Owner’s capital increases due to:
– Capital contribution of the owners;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Issuance of shares with price higher than par value;
– Arising the option of conversion of bonds into shares;
– The value of gifts, donations and financing (after
deduction of taxes payable) recorded an increase of owner’s capital in
accordance with the decision of the competent authority.
Credit balance: Current owner’s capital of enterprises
Account 411- Owner’s capital comprises 4 sub-accounts:
– Account 4111- Contributions from owners: This account shall record actual
capital invested by the owner according to companies’ regulations of owners’
capital. For joint-stock companies, capital contributed from issuing shares
will be recorded in this account upon face value.
For joint-stock company, account
4111- Contributions of owners comprises 2 sub-sub accounts:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Account 41111 – Common shares with voting rights: This account records the total par
value of common shares with voting rights;
Account 41112 – preference shares; This account records the
total par value of preference shares. Enterprises must record in detail in 2
main groups: One group is classified and presented as owner’s equity (at item
411a of the Balance sheet); One groups is classified and presented as
liabilities (at item 342 of the balance sheet)
– Account 4112- Share premium: This account records the
difference between the issue price and the par value of shares; The difference
between price of repurchasing of treasury stocks and the re-issue price of
treasury stocks (for joint stock companies). This account may have credit
balances or debt balances
– Account 4113- option of bond conversion: This account is
only used in the side issuing convertible bonds, used to record the structure
of the capital (stock options) of convertible bonds at the time of reporting.
Structure and contents of accounts 4113 – “Option of
bond conversion”
Debit side: Transfer of value of stock options to record an increase
share premium at the time of bond maturity.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit balance: Value of stock options of convertible bonds recorded at the
time of report.
– Account 4118 – Other capital: this account shall record operating
capital set up additionally from the result of business activities or given as
gifts, presents, financing and asset revaluation (if these items are allowed to
record a decrease or increase in investment capital)
3. Method of accounting for several major transactions
When actually receiving contribution capital of the owners,
record:
Dr 111, 112 (if receiving capital contribution in cash)
Dr 121, 128, 228 (if receiving capital contribution in
shares, bonds, investments in other enterprises)
Dr 152, 155, 156 (if receiving capital contribution in
inventory)
Dr 211, 213, 217, 241 (if receiving capital contribution in
fixed assets, invested real estate)
Dr 331, 338, 341 (if transferring loans, liabilities into
contributed capital)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 4111- Contributions from owners
Cr 4112, 4118 (the difference between the values of assets,
liabilities transferred into capital higher than the value of capital counted
as capital contribution of owners).
In case joint stock companies issue shares to mobilize
capital from shareholders
When receiving money for buying shares from shareholders
with price issued at face value of shares, record:
Dr 111, 112, …(Face value)
Cr 4111 – Contributions from owners (face value)
Joint-stock company shall record in detail face value of
common shares with voting rights on account 41111; The face value of preference
shares on account 41112
b) When receiving money for buying shares from shareholders
with difference between the issuance price and face value of shares, record:
Dr 111.112 (issue price)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 4111 – Contributions from owners (face value)
Cr 4112 – Share premium (issue price higher than face value)
c) Costs directly related to the issuance of shares, record:
Dr 4112- Share premium
Cr 111, 112.
In case joint stock companies issue shares from source of
owner’s equity:
a) In case a joint stock company is entitled to issue
additional shares from share premium, accountants shall base on records,
accounting records related, record:
Dr 4112- Share premium
Cr 4111- Contributions from owners
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 414 – development investment funds
Cr 4111- Contributions from owners
Cr 4112 – Share premium (if any)
c) In case a joint stock company is entitled to issue
additional shares from the undistributed post-tax profits (stock dividend),
record:
Dr 421 – undistributed post-tax profits
Cr 4111- Contributions from owners;
Cr 4112 – Share premium (if any)
In case a joint stock company issues shares to invest in
other enterprises (including the case of a business consolidation under the
form of share issuance)
a) In case of issuing shares with price higher than the face
value, record:
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 4111- Contributions from owners;
Cr 4112 – Share premium (if any)
b) In case of issuing shares with price less than the face
value, record:
Dr 221 – Investment in subsidiary companies
Dr 4112 – Share premium (if any)
Cr 4111- Contributions from owners
In case a joint stock company is entitled to issue bonus
shares from the reward fund to increase owner’s capital, record:
Dr 3531 – Reward fund
Dr 4112 – Share premium (issue price less than face value)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 4112 – Share premium (issue price higher than face
value).
treasury stocks accounting shall be as follows
a) When purchasing treasury stocks, accountants must record
according to the actual purchase price, record:
Dr 419 – treasury stocks
Cr 111, 112.
b) When re-issuing treasury stocks, record:
Dr 111,112 (issue price)
Dr 4112 – Share premium (issue price less than book value)
Cr 419 – treasury stocks (book value)
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…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) When joint-stock company cancel treasury stocks:
Dr 4111 – Contributions from owners (face value)
Dr 4112 – Share premium (re-purchase price higher than face
value)
Cr 419 – treasury stocks (book value)
Cr 4112 – Share premium (re-purchase price less than face
value)
When enterprises supplement charter capital from other
legitimate sources, enterprises must transfer to the invested capital of
owners, record:
Dr 412, 414, 418, 421, 441
Cr 411 – owner’s capital (4111).
When construction set up by investment capital for
construction accomplished, or procurement of fixed assets are finished and used
for operating activities, settlement of approved investment capital,
accountants shall record an increase in historical costs of fixed assets,
concurrently; record an increase in invested capital:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 4111- Contributions from owners
When receiving gifts, presents, financing and competent
agencies request to record an increase in state capital, record:
Dr 111, 112, 153, 211…
Cr 411 – owner’s capital (4118).
Other cases where the competent authorities do not request
to record an increase in state capital, gifts presents, financing shall be
recorded in other income.
When refunding contributed capital for owners, record:
Dr 411 – owner’s capital (4111, 4112).
Cr 111, 112.
When returning contributed capital for owners, record:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 4111- Contributions from owners
Cr 111, 112, 152, 155, 156 … (book value).
– Return contributed capital in fixed assets, record:
Dr 411 – Owner’s capital
Dr 214 – Depreciation of fixed assets
Cr 211, 213.
– The difference between book value of the assets returned
to capital owners and contributed capital of owners recorded make increase or
decrease of the other capital of owners.
Accounting of bond conversion option
– At the time of the issuance of bonds entitled to convert
into shares, accountants shall determine the value of principal and stock
options of convertible bonds by discounting the nominal value of future
payments to current value, record:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3432 – convertible bond (principal)
Cr 4113 – bond conversion option (the difference between
received sum and the principal of convertible bonds).
– At bond maturity, if bondholders exercise the option to
convert bonds into shares, accountants record a decrease in principal of
converted bonds and record increase in owner’s capital, record:
Dr 3432 – convertible bond
Cr 4111 – Contributions from owners (face value)
Cr 4112 – Share premium (the difference between the value of
additional issued shares at their par value and the value of the principal of
convertible bonds).
– At bond maturity, accountants transfer the value of stock
options of bonds convertible to share premium (including cases where
bondholders do not exercise the option), record:
Dr 4113 – Bond conversion option
Cr 4112- Share premium
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) For assets detected through inventory, based on the
“record settlement of surplus, shortage assets through inventory “,
record:
Dr 3381 – Surplus of assets
awaiting resolution
Cr 331 – Payable to sellers (if the surplus assets are
sellers’)
Cr 338 – Other payables (3388)
Cr 411 – Owner’s capital (for surplus assets undetermined
the cause and unfound their owners).
b) Accounting for unneeded materials, assets, accumulated
assets, and assets awaiting liquidation which have not settled to corporations,
state-owned general companies, the parent company, and other independent
state-owned companies, record:
– If enterprises transfer materials and goods unneeded,
accumulated and awaiting liquidation which have not settled to corporations,
state-owned general companies, the parent company, and other independent
state-owned companies, record:
Dr 411 – owner’s capital
Cr 152, 153, 155.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 411 – owner’s capital
Dr 214 – Depreciation of fixed assets
Cr 211 – Tangible fixed assets.
c) Accounting for transfer of assets being the welfare
projects
For assets being welfare projects invested by the State
capital, if equitization enterprises continue to use them for business
purposes, accountants shall record a follows:
Dr 466 – Funds setting up fixed assets
Cr 411 – owner’s capital.
d) Accounting for settlement of loan liabilities before
changing into joint stock companies: Before changing into joint stock
companies, equitization enterprises must settle loan payable, depending on the
loan and settlement decision:
– For liabilities which is not paid but is accounted as
increase in state capital, recorded:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 4111- Contributions from owners
– For liabilities which must be paid in cash, assets,
recorded:
Dr 331, 338…
Dr 214 – Depreciation of fixed assets (part of accumulated
depreciation of fixed assets used to pay debt)
Cr 111, 112, 152, 153, 155, 156, 211, 213 …
The difference between the book value and the remaining
value of the assets used to pay debt and the book value of the liabilities
settled under decision of the competent authority.
dd) Accounting for settlement of provisions before
enterprises changed into joint-stock companies: Provisions after being used to
offset losses, their remaining shall be accounted as increase in state capital,
record:
Dr 229, 352
Cr 411 – owner’s capital.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If gain on forex is recorded an increase in state capital,
record:
Dr 413 – exchange differences
Cr 411 – owner’s capital .
– If loss on forex is recorded a decrease in state capital,
record:
Dr 411 – owner’s capital
Cr 413 – exchange differences
Where the competent authority has another decision, the
profits and losses of exchange differences which are recorded in account 413
shall be settled in accordance with the decision of the competent authority.
g) Accounting for settlement of long-term investment capital
in other enterprises
– In case equitized enterprises inherited long-term
investment capital in other enterprises, they must revalue long-term investment
capital at the time of transfer in accordance with the law.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 411 – Owner’s capital
Cr 222, 228…
h) Accounting for difference between the actual value and
the book value of the State capital: the difference of state capital between
the actual value and value recorded on accounting books shall be accounted for
as business advantage of enterprises, recorded a follows:
Dr 242 – Prepaid expenses
Cr 411 – owner’s capital.
i) Accounting for the difference of prepaid land rents: If
the unit has paid land rents in lump-sum for the entire lease term or pay in
advance the land rent for many years before July 07, 2004 (the date the Law on
Land takes effect), there is a difference in increase due to re-determining the
unit price of land rent at the time of valuation for the remaining period of the
lease contract or the remaining time which is paid to rent land, accountants
record a follows:
– In case prepaid land rent is qualified for being recorded
an intangible fixed assets, the difference in increase shall be recorded:
Dr 213 – intangible fixed assets
Cr 411 – owner’s capital.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 242 – Prepaid expenses
Cr 411 – owner’s capital.
k) Accounting for transfer of funds, fund of owner’s equity
to state capital in enterprises at the time of official change into joint-stock
companies:
At the time enterprises are officially transformed into
joint stock companies, accountants shall transfer the entire credit balance in
development investment funds, other funds under the owner’s equity,
undistributed post-tax profits, fundamental capital investment capital,
differences upon asset revaluation and exchange differences to owner’s capital,
record:
Dr 412, 413, 414, 418, 421, 441
Cr 411- owner’s capital.
l) Accounting for sum received from equitization
– When receiving money from the sale of shares of state
capital in enterprises, record:
Dr 111, 112…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When receiving money from the issuance of additional
shares to increase operating capital, record:
Dr 111,112 (issue price)
Dr 4112 – Share premium (the difference between the issue
prices less than face value of shares)
Cr 4111 – Contributions from owners (face value)
Cr 4112 – Share premium (the difference between the issue
prices higher than face value of shares)
m) Handing over of assets, capital to joint-stock company
– In case of equitization of independent enterprises: In
case of equitization of independent enterprises, accountants carry out handover
procedures in accordance with the current regulations on transfer of assets,
liabilities and capital of joint-stock company. All accounting records,
accounting books and financial statements of equitized enterprises under
storage shall be transferred to the joint stock company to continue storage.
– In case of equitization of dependent cost-accounting units
of independent state-owned companies, corporations, general companies, parent
companies, member companies: When transferring assets, liabilities and capital
of joint-stock companies, based on asset transfer note, detailed appendices in
transferring asset to the joint-stock companies and related documents,
accounting books, accountants shall record as decrease in value of assets
transferred to joint-stock companies, record;
Dr 336, 411
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 331, 335, 336, 338, 341 …
Cr 111,112,121,131,152,153,154,155,156,211,213,221,222 , …
n) Accounting in joint-stock company transformed from 100%-state-owned
enterprises.
– Establishing new accounting books: Upon receipt of assets,
liabilities, capital and enclosed documents, joint-stock companies must
establish new accounting books (including general accounting books and detailed
accounting books) to record the value of assets and capital transferred.
– Accounting for receipt of transfer of assets, liabilities
and capital, in joint-stock companies: Upon receipt of the transfer of assets,
liabilities and capital, based on the records, transfer note, accountants
record:
Dr 111,112,121,131,138,141,152,153,154,155,156,157,211,221
…
Cr 331, 333, 334, 335, 338, 341, …
Cr 411 – owner’s capital .
– Accounting in enterprises having privatized subordinate
units
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 411 – owner’s capital
Cr 221 – Investment in subsidiary companies
Accounting in enterprises having subordinate units without
legal status to be privatized: When subordinate units of Corporation, company
are equitized, the Corporation, the company shall base on the value of state
capital sold outside to record a decrease in operating capital subordinate
units, record:
Dr 411 – owner’s capital
Cr 1361 – Operating capital in subordinate units.
Article 68. Account 412 – Difference
due to asset revaluation
1. Accounting principles
Ta) This account used for recording of differences due to
revaluation of existing assets and situation of settlement of such differences
at enterprises. Revaluated assets are revaluated primarily fixed assets,
property investment. In some cases it is possible and necessary to revaluate
materials, equipments, tools, finished goods Inventory, goods, unfinished goods
Inventory, etc.
b) Differences due to asset revaluation shall be recorded in
this account in following cases:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When carrying out the equitization of State enterprises;
– Other cases under provisions of the law.
c) This account shall not revaluated differences when taking
assets for capital contribution in other units, changing ownership form,
differences of revaluation in such cases shall be recorded in Account 711 –
Other income (if being interests) or Account 811 – Other expenses (if being
losses)
d) Asset value shall be re-determined on the basis of price
list stipulated by the State or determined by asset pricing committee or
professional price verificating agency.
dd) Differences due to asset evaluation shall be treated and
settled according to the current financial policy.
Structure and contents of account 412 – Difference due to
asset revaluation
Debit side:
– The negative difference due to asset revaluation;
– Settlement of the positive difference due to asset
revaluation
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The positive difference due to asset revaluation;
– Settlement of the negative difference due to asset
revaluation.
Account 412 – Differences due to asset revaluation may have
balance in Debit or in Credit.
Debit balance: The negative difference due to revaluating assets which has
not yet settled.
Credit balance: The positive difference due upon revaluating assets which
has not yet settled.
3. Method of accounting for several major transactions
When having the State’s decisions on revaluation of
fixed-asset, real estate Investment, materials, goods, etc or valuation when
conducting equitization of State enterprises, enterprises shall carry out
inventory, revaluate assets and record differences due to asset evaluation in
the accounting book.
– Revaluation of materials, goods:
If revaluation price are higher than price recorded in the
accounting book, the positive price difference will be recorded:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 412 – Difference due to asset revaluation.
If revaluation price are lower than price recorded in the
accounting book, the negative price difference will be recorded:
Dr 412 – Difference due to asset revaluation.
Cr 152, 153, 155, 156.
– Revaluation of fixed assets and real estate investment:
Based on the written summary of inventory and revaluation results of fixed
assets, real estate investment:
Historical cost, book value, depreciation value is adjusted
as an increase, record:
Dr 211, 213, 217 (adjusted increase in cost)
Cr 214 – Depreciation of fixed asset (adjusted increase in
depreciation value)
Cr 412 – Difference due to asset revaluation. (adjusted
increase in book value)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 412 – Difference due to asset revaluation. (adjusted
decrease in book value)
Dr 214 – Depreciation of fixed asset (adjusted decrease in
depreciation value)
Cr 211, 213, 217 (adjusted decrease in cost)
b) At fiscal year-end, settlement of differences due to
asset revaluation shall comply with the decision of or authorized agencies:
– If Account 412 has the balance in Credit, and business has
the decision on owner’s capital, record:
Dr 412 – Difference due to asset revaluation.
Cr 411 – owner’s capital.
– If Account 412 has the balance in Debit, and business has
the decision on decreasing owner’s capital, record:
Dr 411 – owner’s capital
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Article 69. Account 413 – exchange
differences
1. General provisions on exchange rates and exchange
differences
Exchange differences means differences incurred from real
exchange or the conversion of the same amounts of foreign currency into
accounting currency unit according to different foreign exchange rates.
Exchange differences primarily incurred in the following cases:
– Actual purchase, sale, transfer, exchange, payment of
economic operations which incurred in foreign currency in period;
– Revaluating accounts derived from foreign currencies at
the time of financial statement;
– Convert financial statements prepared in foreign
currencies into Vietnam dong.
Exchange rate types (hereinafter referred to as exchange
rates) used in accounting
Enterprises have economic transactions incurred in foreign
currency must record in accounting books and make financial statements in
accordance with a unified currency that is Vietnam dong, or official currency
used in accounting. The conversion of foreign currencies into Vietnam dong
shall be based on:
– Actual transaction exchange rates;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
When determining tax obligations (declaration, settlement
and payment), enterprises must comply with the provisions of the laws on
taxation.
The principles for determining the actual real exchange
rates:
a) Real exchange rates for foreign currency transactions in
period:
– Real exchange rate when buying or selling foreign currency
(spot contracts of foreign exchange sale, forward contracts, futures contracts,
options contracts, swap contracts) : is exchange rates concluded in contracts
of foreign exchange sale between enterprises and commercial banks;
– If the contract does not specify the exchange rate of payment,
enterprises shall record in accounting books in accordance with the following
principles:
Real exchange rate upon capital contribution or receipt of
contributed capital: is exchange rate of purchase of foreign currency of the
bank where enterprises open the account to receive capital from investors at
the date of the contribution of capital;
Real exchange rate upon recording receivables is the buying
rate of the commercial bank where the customer makes the payment at the request
of the enterprise at the time the transaction is made;
Real exchange rate upon recording liabilities is the selling
rate of the commercial bank where the enterprise intends to make transaction at
the time the transaction is made;
For purchases of assets or expenses paid immediately in
foreign currency (not through the accounts payable), the real exchange rate is
the rate of purchase of commercial banks where enterprises make payments.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Real exchange rate upon re-determining accounts derived
from foreign currencies classifies as asset: is exchange rates of purchase of
commercial banks where enterprises regularly conduct transaction at the time of
the financial statements. For foreign currency deposited in bank, the real
exchange rate upon revaluation is exchange rate of purchase of the bank where
enterprises open foreign currency accounts.
– Real exchange rate upon revaluation of accounts derived
from foreign currencies classified as liabilities: Is exchange rates of selling
foreign currency of commercial banks at the time of financial statements;
– Units of a Group may apply the same exchange rate
prescribed by the parent company (ensure closeness to the real exchange rates)
to revalue accounts derived from foreign currencies arising from the insider
trading.
Principles for determining accounting book exchange rates:
Accounting book exchange rates include : specific identification real
accounting book exchange rate or mobile weighted mean accounting book exchange
rate ( weighted mean exchange rates after entry)
– Specific identification real accounting book
exchange rate: is exchange rate upon recovery of receivable, deposit or
settlement of debts payable in foreign currencies, determined according to the
exchange rate at the time of incurred transactions or at the time of
reevaluation at the end of term of each object.
– mobile weighted mean accounting book exchange rate is
exchange rate used in credit side upon payment in foreign currency, determined
on the basis in which the total value recorded in Debit side is divided by the
actual amount of foreign currency at the time of payment.
The principle for application of exchange rates in the
accounting rate
a) When incurring transactions in foreign currency, the real
exchange rate at the time of incurred transactions shall be used to convert
into the currency recorded in accounting book for:
– These accounts record other revenues, income. Particularly
for the sale of goods or provision of services or income related to revenue
received in advance or transactions received cash in advance of buyers,
revenue, income corresponding to the sum received in advance shall be applied
the real exchange rate at the time of receipt in advance of buyers (not
applicable under real exchange rate at the time of receipt of revenues,
income).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– These accounts record assets. Particularly for the asset
purchased related to prepaid transaction to sellers, the value of assets
corresponding to prepaid sum shall be applied real exchange rate at the time of
prepaying to the seller (not applicable under real exchange rate at the time of
recording assets).
– Owner’s equity account;
– Debit side of accounts Receivable; Debit side of cash
capital accounts; Debit side of accounts payable when incurring transactions
prepaid to the seller.
– Credit side of accounts payable; Credit side of accounts
receivable when incurring transactions of which sum of buyers is received in
advance;
b) When incurring transactions in foreign currency, specific
identification real accounting book exchange rates shall be used to
convert into the currency of accounting book for the following account types:
– The credit side of accounts receivable (except for the
transaction of which money is received in advance); the Debit side of accounts
receivable at the time of final settlement of the sum received in advance due
to the transfer of products, commodities, fixed assets, provision of service,
volume accepted; the credit side of deposited accounts, prepaid expenses;
– The Debit side of accounts payable (excluding transaction
prepaid to the seller); The Credit side of account payable at the time of final
settlement for cash advanced to sellers due to receipt of products,
commodities, fixed assets, services, volume acceptance
– In case if in the period incurring many sums receivable or
payable in foreign currency with the same object, the specific
identification real accounting book exchange rate for each object is
determined on the basis of mobile weighted mean for transactions with such
object.
c) When making a payment in foreign currency, the mobile
weighted mean accounting book exchange rate shall be used to convert into the
currency recorded in accounting books in the Credit side of the cash accounts.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cash, cash equivalents, term deposits in foreign currencies
b) Debts receivable, payable derived from foreign
currencies, except:
– Prepayments to sellers and prepaid expenses in foreign
currencies. If at the time of report, there is firm proof that sellers cannot
provide goods, services and enterprises must take back the prepayments in
foreign currencies, these sums are considered currency derived from foreign
currencies.
– Sums prepaid by buyers and sums received in advance in
foreign currencies. If at the time of report, there is firm proof that enterprises
cannot provide goods, services and must pay back sums received in advance in
foreign currencies for buyers, these sums are considered currency derived from
foreign currencies.
c) The borrowings, loans of any kind are entitled to be
recovered or be obliged to be repaid in foreign currency.
d) The deposit entitled may be received back in foreign
currencies; Sum received from deposit must be repaid in foreign currency.
2. Accounting Principles for exchange differences
Concurrently, enterprises must monitor original currency in
detailed accounting book of accounts: Cash, cash in bank, cash in transit,
receivables, payables.
b) All sums of exchange differences are recorded immediately
in financial income (if gain) or financial expense (if loss) at the time of
incurring.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Accumulated exchange rate losses in the period before
operation are allocated directly from account 413 to financial expense, are not
transferred through account 242 – prepaid expenses;
– Accumulated exchange rate gains in the period before
operation are allocated directly from account 413 to financial income, are not
transferred through account 3387 – Unearned Revenues;
– Allocation time shall comply with the provisions of law
for enterprises of which 100% charter capital is held by the State.
Particularly allocation of minimum loss on forex in each period must ensure
that it is not less than the pre-tax profit before allocation of loss on forex
(after allocation of loss on forex, pre-tax profit of income statement shall be
zero).
c) Enterprises must revalue accounts derived from foreign
currencies according to real exchange rates at all time of financial statement
in accordance with law. Enterprises which have used financial instruments to
provision for foreign exchange risk shall be not revalued loans, liabilities
derived from foreign currencies which have been used financial instruments for
provision for foreign exchange risk
d) Enterprises are not capitalized sums of exchange
differences in the value of unfinished assets.
3. Structure and contents of account 413 – Exchange
differences
Debit side:
– Loss on forex due to revaluation of accounts derived from
foreign currencies;
– Loss on forex in the stage prior to operation of
enterprises of which 100% charter capital is held by the State carrying out
projects, works of national importance associated with tasks of macroeconomic
stability, security and national defense
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit side:
– Gain on forex due to revaluation of accounts derived from
foreign currencies;
– Loss on forex in stage prior to operation of enterprises
of which 100% charter capital is held by the State carrying out projects, works
of national importance associated with tasks of macroeconomic stability,
security and national defense.
– Transfer of loss on forex to financial expense;
Account 413 may have Debit balance or Credit balance.
Debit balance: Loss on forex in the period before the operation of
enterprises of which 100% charter capital is held by the State carrying out
projects, works of national importance associated with tasks of
macroeconomic stability, security and national defense
Credit balance: Loss on forex in stage prior to operation of enterprises of
which 100% charter capital is held by the State carrying out projects, works of
national importance associated with tasks of macroeconomic stability,
security and national defense.
Account 413 – exchange differences comprises 2 sub – accounts:
– Account 4131- Exchange differences due to revaluation of
accounts derived from foreign currencies; Recording foreign exchange rate differences due to
revaluation of accounts derived from foreign currencies (gain or loss on
forex), at the end of the fiscal year of business activities, including
activities of capital investment (business and production enterprises which
have also activities of capital investment)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
4. Method of accounting for several major transactions
Accounting for foreign exchange rate differences incurred in
period (including exchange differences in stage prior to operation of
enterprises of which of which 100% charter capital is not held by the State.
When purchasing materials, goods, fixed assets, services
paid in foreign currency:
Dr 151, 152, 153, 156, 157, 211, 213, 217, 241, 623, 627,
641, 642 (exchange rate at the transaction date)
Dr 635 – financial expense (loss on forex)
Cr 111 (1112), 112 (1122) (according to exchange rate recorded
in the accounting book)
Cr 515 – financial income ( gain on forex)
b) When buying materials, goods, fixed assets, services from
suppliers for whom payment has not yet paid, when having loans or receiving
internal debts, etc in foreign currency, forex at the transaction date will be
based to record:
Dr 111, 112, 152, 153, 156, 211, 627, 641, 642 …
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) When advancing money for the seller in foreign currency
for the purchase of materials, goods, fixed assets and services:
– Accountants record the advance amount to the seller in
accordance with the real exchange rate at the time of the advance, record:
Dr 331 – Payable to suppliers (real exchange rate at the
date of the advance)
Dr 635 – financial expense (loss on forex)
Cr 111 (1112), 112 (1122) (according to exchange rate
recorded in the accounting book)
Cr 515 – financial income ( gain on forex)
– Upon receipt of materials, goods, fixed assets and
services from the seller, accountants record under the following principles:
For the value of materials, goods, fixed assets, services
corresponding to the amount in foreign currency advanced to the sale,
accountants record in accordance with the real exchange rate at the time of the
advance, record:
Dr 151, 152, 153, 156, 157, 211, 213, 217, 241, 623, 627,
641, 642
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
For the value of unpaid materials, goods, fixed assets and
services, accountants record in accordance with the real exchange rate at the
time of incurring (transaction date), record:
Dr 151, 152, 153, 156, 157, 211, 213, 217, 241, 623, 627,
641, 642 (exchange rate at the transaction date)
Cr 331 – Payable to sellers (real exchange rate at the date
of transaction)
d) When paying debts payable in foreign currencies (payables
to sellers, loans, finance lease liabilities, or internal debts, etc), record:
Dr 331, 336, 341,… (exchange rates recorded in accounting
books)
Dr 635 – financial expense (loss on forex)
Cr 111 (1112), 112 (1122) (exchange rate recorded in the
accounting book)
Cr 515 – financial income ( gain on forex)
e) When incurring revenue, other income in foreign currency,
based on the real exchange rate at the date of the transaction, record:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 511, 711 (real exchange rate at the transaction
date)
g) When receiving money in advance from the buyer in foreign
currency for provisions of materials, goods, fixed assets and services:
– Accountants record sum received in advance of buyers in
accordance with the real exchange rate at the time of receipt, record:
Dr 111 (1112), 112 (1122)
Cr 131 – Receivables from customers.
– Upon transfer of materials, goods, fixed assets and
services to buyers, accountants record under the following principles:
For revenue, income corresponding to the sum in foreign
currency received in advance of the purchasers, accountants record at the
real exchange rates at the time of receipt in advance, record:
Dr 131 – Receivables from customers (the real exchange rate
at the time of receipt in advance)
Cr 511, 711.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 131 – Receivables from customers.
Cr 511, 711.
h) When receiving accounts receivable in foreign currency,
record:
Dr 111 (1112), 112 (1122) (real exchange rate at the
transaction date)
Dr 635 – financial expense (loss on forex)
Cr 131, 136, 138 (exchange rate recorded in the accounting
book)
Cr 515 – financial income ( gain on forex)
i) When lending, investing in foreign currencies, record:
Dr 121, 128, 221, 222, 228 (real exchange rate at the
transaction date)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111 (1112), 112 (1122) (exchange rate recorded in the
accounting book)
Cr 515 – financial income ( gain on forex)
k) Deposits in foreign currency
– When foreign currencies are deposited, record :
Dr 244 – Pledge, mortgage, deposit
Cr 111 (1112), 112 (1122) (exchange rate recorded in the
accounting book)
– Upon receipt of deposit, record :
Dr 111 (1112), 112 ( 1122) (real exchange rate upon receipt)
Dr 635 – financial expense (loss on forex)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 515 – financial income ( gain on forex)
Accounting for foreign exchange rate differences incurred
due to revaluation of accounts derived from foreign currencies
a) When preparing financial statements, accountants
revaluate accounts derived from foreign currencies at real exchange rate at the
time of the report:
– If incurring gain on forex, record:
Dr 1112, 1122, 128, 228, 131, 136, 138, 331, 341…
If incurring loss on forex, record:
Dr 413 – exchange differences (4131)
Cr 1112, 1122, 128, 228, 131, 136, 138, 331, 341…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Transferring gain on forex revaluated at the fiscal
year-end to financial income, recorded:
Dr 413 – exchange differences (4131)
Cr 515 – financial income ( gain on forex)
– Transferring loss on forex revaluated at the fiscal
year-end to financial income, recorded:
Dr 635 – financial expense (loss on forex)
Cr 413 – exchange differences (4131)
c) Accounting for exchange differences incurred in stage
prior to operation of enterprises of which 100% charter capital is held by the
State carrying out projects, works of national importance associated with
tasks of macroeconomic stability, security and national defense:
Units apply all the provisions of the exchange rate and
accounting principles like other enterprises, except:
– Recording gain on forex upon incurring is recorded in
Credit side of Account 413 – Exchange rate differences;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
When enterprises operate, accountants transfer exchange
differences to financial income or financial expense.
d) Handling of remaining exchange rate differences on
account 242 – Prepaid expenses and account 3387 – unearned revenue:
– Enterprises which have not allocated loss on forex of
stage prior to operation (recording on account 242 before this Circular take
effects) must transfer the entire loss on forex to financial expense to
determine income statement in period, record:
Dr 635 – financial expense
Cr 242 – Prepaid expenses
– Enterprises which have not allocated gain on forex of
stage prior to operation (recording on account 3387 before this Circular take
effects) must transfer the entire gain on forex to financial income to
determine income statement in period, record:
Dr 3387 – Unearned revenue
Cr 515 – financial income.
Article 70. Account 414 –
Development investment funds
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This account is used to record existing amount, and the
situation of increase and decrease of development investment fund of
enterprises.
b) Development investment fund is set up from post- income
tax profits of enterprises and used for expansion investment of business and
production scale, or for intensive investment of enterprises.
c) Setting up and use of development investment fund must
comply with the current financial policy for every type of enterprise or
decision of owners.
d) If enterprises do not continue to set up financial
reserve funds. Owners of enterprises shall make decision to transfer the
balance of financial reserve fund to development investment funds.
2. Structure and content of account
414 – Development investment funds
Debit side: Situation of expenditure and using the development
investment fund of enterprises
Credit side: Development investment fund increases due to appropriation
from income after tax
Credit balance: Existing development investment fund
3. Method of accounting for several
major transactions
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 421 – undistributed post-tax profits
Cr 414 – development investment funds
b) At year-end, determining development investment fund
appropriated, accountants will calculate amount appropriated additionally,
recorded:
Dr 421 – undistributed post-tax profits
Cr 414 – development investment funds
c) In case a joint stock company
issue additional shares from the development investment funds, record:
Dr 414 – development investment
funds
Cr 4111 – Contributions from owners
(face value)
Cr 4112 – Share premium (the
difference between the issue price higher than face value, if any)
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 415 – financial reserve funds
Cr 414 – development investment funds
dd) When enterprises supplement charter capital from
development investment funds, enterprises must transfer to owner’s capital,
record:
Dr 414 – development investment funds
Cr 4111- Contributions from owners
Article 71. Account 417 – Fund for support of
arrangement of enterprises
1. Accounting principles
a) This account is used to record the appropriation and use
of ” fund for support of arrangement of
enterprises ” in one member limited liability companies of which
100% charter capital is held by the State as prescribed by law.
b) Management and use of funds; Report, settlement; Storage
of records and documents must comply with the provisions of current law. Fund
management unit must open a separate account to monitor revenues and expenses
of the Fund; Open accounting books to account clearly, fully and promptly
incurred transactions.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Revenues from equitization; Revenues from forms of
reorganization and transformation of enterprises;
– Supportive budget under decision of the competent
authority;
– Interest on deposits in banks of the Fund;
– Penalty for late payment;
– Other revenues under provisions of the law.
d) Expenditures of Fund shall include :
– Support for enterprises in reorganization and
transformation of ownership and settlement of policies for redundant workers
and handling of financial matters in accordance with law;
– Supplement charter capital for units in accordance with
the law;
– Transfer, investments in enterprises under the decision of
the competent authority;
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
2. Structure and content of account 417 – Fund for support of
arrangement of enterprises
Debit side: Other expenditures from Fund under provisions of the law.
Credit side: Revenues of the Fund
Credit balance: The existing balance of fund
for support of arrangement of enterprises at the end of period.
3. Method of accounting for several major transactions
a) Accounting for revenues for equitization:
Dr 1385 – receivables for equitization
Cr 417 – Fund for support of
arrangement of enterprises.
b) Accounting for recording of Fund’s revenues under
decision of the competent authority, record:
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 417 – Fund for support of arrangement of enterprises.
c) Based on the settlement report on expenditures on
implementation of policies for employees in the equitized enterprise and equitization
cost made by the equitized enterprise, accountants in parent Companies,
Corporation, state-owned general companies record the difference between
revenue and expenditure of equitization of enterprises and record sum paid for
employees, cost of equitization, record:
Dr 111, 112
Dr 417 – Fund for support of arrangement of enterprises.
Cr 1385 – receivables for equitization
d) When transferring Fund or spending money from Fund under
decision of competent agencies, record :
Dr 417 – Fund for support of arrangement of enterprises.
Cr 111, 112.
dd) Upon approval of the Prime Minister on supplementing
charter capital for Groups, state-owned general companies, parent companies,
accountants record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 411 – owner’s capital .
Article 72. Account 418 – Other fund
under owner’s equity
1. Accounting principles
This accounts is used to record existing amount and the
situation of increase decrease of other fund under owner’s equity, such as
reward fund for management boards of companies, etc. Other fund under owner’s
equity are formed from post-tax profits. Appropriation and use of other fund
under owner’s equity must comply with the current financial policy towards for
every type of enterprise or decision of owners
2. Structure and content of account
418 – Other funds under owner’s equity
Debit side: The situation of expenditure and using other fund under
owner’s equity of enterprises.
Credit side: Other fund under owner’s equity increased due to appropriation
from post-tax profits.
Credit balance: Other fund under existing owner’s equity.
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Appropriating other fund under owner’s equity from
enterprise income tax, record:
Dr 421 – undistributed post-tax profits
Cr 418 – Other fund under existing owner’s equity.
b) When using the funds, record:
Dr 418 – Other fund under existing owner’s equity.
Cr 111, 112.
c) When enterprises supplement charter capital from Other
funds under owner’s equity, enterprises must transfer to owner’s capital,
record:
Dr 418 – Other fund under existing owner’s equity.
Cr 411 – owner’s capital (4111).
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…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1. Accounting principles
This account is used to record existing
value and increases decreases of shares bought back from joint-stock companies
among stocks issued to public by such companies to re-issue afterwards (called
as Treasury shares)
Treasury shares are shares issued by
companies and bought-back by the companies which issued shares, but they are
not cancelled and shall be re-issued in the period which complies with law on
securities. Treasury shares are hold by companies which do not received
dividend, have no right for election or join to share assets when companies are
dissolved. When distributing dividend for shares, Treasury shares hold by
companies shall be considered as not yet sold.
b) Value of Treasury shares is recorded
in this account under to prices actually bought-back, including back-buying
prices and expenses directly related to back-buying of shares, such as expenses
of transaction and information…
c) At the end of accounting period, when making financial
report, actual value of Treasury shares shall be recorded a decrease in owner’s
capital on the balance sheet by negative entry (…).
d) This account will not record the value of shares which
companies bought from other joint-stock companies for investment purposes.
dd) Cost of Treasury shares when re-issuing or using to pay
dividend, bonus, etc shall be calculated according to weighted average method.
2. Structure and contents of account 419 – Treasury shares
Debit side: Actual values of Treasury shares when buying
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit balance: Actual values of Treasury shares being held by companies
3. Method of accounting for several major transactions
Accounting for buying back shares which are issued by
companies themselves:
– When companies finished procedures
for buying back shares issued by companies themselves in accordance with law
provisions, accountants will implement the payment procedure for shareholders,
according to agreement prices for buying, selling and receiving shares, record:
Dr 419 – Treasury shares (repurchase
price of shares)
Cr 111, 112.
– During the process of buying back
shares, when incurring expenses directly related to buying-back of shares,
record:
Dr 419 – treasury stocks
Cr 111, 112.
…
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…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When re-issuing Treasury shares with price higher than
actually bought back price, record:
Dr 111, 112 (Total payment price of re-issuing shares)
Cr 419 – Treasury shares (repurchase real price of shares)
Cr 411 – Owner’s capital (4112)
(differences from re-issued price higher than real price for buying back of
shares)
– When re-issuing Treasury shares to
market with price lower than real price for buying-back of shares, recorded:
Dr 111, 112 (Total payment price of
re-issuing shares)
Dr 4112- – Share premium (re-issue
price less than repurchase price)
Cr 419 – Treasury shares (repurchase
real price of shares).
c) When canceling treasury shares, record:
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 4112 – Share premium (re-purchase
price higher than face value)
Cr 419 – Treasury shares (repurchase
real price of shares).
d) When having the decision of managing
board (approved by shareholders’ meeting) distributing dividend in Treasury
shares:
– In case issued price of treasury
shares at the date paying dividend in shares is higher than real price of
buying back treasury shares, record:
Dr 421 – undistributed post-tax profits
(issue price of shares)
Cr 419 – Treasury shares (repurchase
real price of treasury shares).
Cr 4112 – Share premium ( differences from repurchase price
of treasury shares lower than issue price at the date of payment of dividends)
– In case issued price of treasury shares at the date paying
dividend in shares is lower than real price of buying back treasury shares,
record:
Dr 421 – undistributed post-tax profits (issue price of
shares)
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 419 – Treasury shares (purchase real price of treasury
shares).
Article 74. Account 421 –
Undistributed post-tax profits
1. Accounting principles
This account is used to record business results (profit,
loss) after enterprise income tax and situation of income distribution or loss
handling of enterprise.
b) Profit distribution on business activities of enterprises
must be clear, explicit and comply with the current financial policy.
c) Detailed accounting of result from business activities
for every fiscal year must be implemented (previous year, current year),
concurrently monitor in details for every content of profit distribution of
enterprises (appropriation of fund, supplementation of operating capital,
distribution of dividends, profits for shareholders and investors).
d) When applying retroaction due to the accounting policy
changes and adjusting retroaction of essential shortcomings of previous years,
but discovered in current year which lead to adjustment of year-beginning
balance of undistributed earnings, accountants must adjust a decrease or an
increase in year-beginning balance of Account 4211 “retained earnings of
previous year” on the accounting book, and adjust a decrease or an increase in
indicator “retained earnings” on the balance sheet, in accordance with
regulations at accounting standard “Accounting policy change, accounting
estimation and shortcomings”, and accounting standard “Enterprise income tax”.
dd) Parent companies are entitled to distribute profits to
the owners which shall not exceed the undistributed post-tax profits on
consolidated Financial statements after eliminating the impact of profits
recorded from cheap purchase (negative goodwill). Where the undistributed
post-tax profits on consolidated financial statements is higher than the
undistributed post-tax profits on financial statement of the parent companies
and if the profits decided to distribute exceed the undistributed post-tax
profits on separate financial statement, the parent companies make distribution
after transferring profits from subsidiary companies to the parent companies.
All enterprises, when distributing profits, must consider
non-monetary items in undistributed post-tax profits that may affect cash flow
and ability to pay dividends, profits of enterprises, such as:
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Other non-monetary items …
e) In the operation of business cooperation contract (BCC)
of division of post-tax profits, enterprises must monitor separately results of
BCC as a basis for the distribution of profits or sharing losses for the
parties. Enterprises which are the make payment and final declaration of tax
for parties in BCC record the profits in proportion to the profits they
receive, do not record all results of BCC on this account unless gaining the
control right for BCC.
g) For the preferred dividends payable: Enterprise must
eliminate preferred dividends payable under the nature of the preference shares
and principles:
– If the preference shares classified are liabilities,
accountants do not record dividends payable from undistributed post-tax profit
;
– If preference shares classified are owner’s equity,
preferential dividends payable are accounted for similar to the dividend
payment of common shares.
h) Enterprises must monitor the internal management system
of taxable losses and non-taxable losses, in which:
– Taxable losses are the losses set up by deductible
expenses in determining taxable income;
– Non – taxable losses are the losses set up by
non-deductible expenses in determining taxable income;
When transferring losses in accordance with the law,
enterprises shall only transfer taxable losses as a basis of deduction of tax
payable in the future.
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit side:
– Loss amount on business activities of enterprises;
– Appropriation of fund of enterprises;
– Distributing dividends, profits for owners;
– Supplementing owner’s capital;
Credit side:
– Real income amount on business activities of enterprises
in period;
– Loss amount from subordinates granted additionally by
seniors;
– Handling losses on business activities.
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit balance: Loss amount on business activities which have not yet been
settled
Credit balance: Undistributed or unused undistributed post-tax profits
Account 421 – Undistributed post-tax profits comprises 2
sub-accounts:
– Account 4211- Undistributed post-tax profits of previous
year : Recording
the result of business activities, situation of profit distribution or loss
handling from previous years. Account 4211 is still used for recording of
adjustment amount of increase or decrease in year beginning balance of Account
4211, when applying retroaction due to accounting policy change and retroactive
adjustment of essential shortcomings in previous year, but have just been
discovered in the current year.
Next year-beginning, accountants shall transfer
year-beginning balance from Account 4212 “undistributed post-tax profits of
current year” to Account 4211 “undistributed post-tax profits of previous year”
– Account 4212- Undistributed post-tax profits of current
year : Recording
the result of business activities, situation of profit distribution or loss
handling in current year.
3. Method of accounting for several major transactions
At end of account period, transferring the result of
business activities:
– In case of profit, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 421 – undistributed post-tax profits (4212).
– In case of loss, record:
Dr 421 – undistributed post-tax profits (4212)
Cr 911 – income summary
b) When having the decision or notice for payment of
dividend and profits distributed to owners, record:
Dr 421 – undistributed post-tax profits
Cr 338 – Other payables (3388).
When paying dividends and profits, record:
Dr 338 – Other payables (3388).
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) In case a joint stock company pay dividends in shares
(additional stock issue from undistributed post-tax profits), record:
Dr 421 – undistributed post-tax profits
Cr 4111- Contributions from owners (face value)
Cr 4112 – Share premium (differences between issue price
higher than face value, if any)
d) Enterprises which are not joint stock companies when
deciding to supplement owner’s capital from business profits (retained profits
of enterprises), record:
Dr 421 – undistributed post-tax profits
Cr 4111 – Contributions from owners.
dd) When setting up funds from the results of operations
(retained profits of enterprises), record:
Dr 421 – undistributed post-tax profits
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 418 – Other funds under owner’s equity.
Cr 353 – bonus and welfare fund (3531, 3532, 3534).
e) At fiscal year-beginning, transferring undistributed
post-tax profits of current year to undistributed post-tax profits of previous
year, record:
– In case Account 4212 has Credit Balance (profit), record:
Dr 4212 – undistributed post-tax profits of current year
Dr 4211 – undistributed post-tax profits of current year of
previous year.
– In case Account 4212 has Debit Balance (loss), record:
Dr 4211 – undistributed post-tax profits of current year of
previous year
Dr 4212 – undistributed post-tax profits of current year
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Accounting for handing of liabilities before transforming
into joint-stock companies
For loans of state-owned commercial banks and the Vietnam
Development Bank overdue but unable to be paid due to the loss of enterprises
which have no state capital, enterprises must carry out procedures, application
for rescheduling, freezing and remission
of loans under the provisions of current law. When having
decision on remission of loan, record:
Dr 335 – Expenses payable (interest from remitted loans)
Cr 421 – Undistributed post-tax profits (interest of loans
recorded in expenses in previous terms remitted)
Cr 635 – financial expense (interest of loans recorded in
expenses in current terms)
– Accounting for the difference between the actual value of
the State capital at the time 100%-state-owned enterprises are transferred into
joint-stock companies and the actual value of the State capital at the time of
the valuation of enterprises.
In case the actual value of the State capital at the time
enterprises are transformed into joint-stock companies is greater than the
actual value of the State capital at the time of valuation of the enterprises,
the increase difference (interest) must submitted to fund for support of arrangement of enterprises as
prescribed by law (as in corporations, general companies, parent companies or fund for support of arrangement of enterprises
in state capital and investment corporation ), record:
Dr 421 – undistributed post-tax profits
Cr 3385 – Payable for equitization.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 138 – Other receivables (1388)
Cr 421 – Undistributed post-tax profits.
If the difference decreases due to objective or subjective
reasons, but due to force majeure or which persons in charge of compensation
have no ability to perform the compensation and competent authorities consider
and decide to use sum received from the sale of shares to offset losses after
deducting the covered compensation (if any), record:
Dr 3385 – Payable for equitization.
Cr 421 – Undistributed post-tax profits.
– Accounting for changing undistributed post-tax profits
into state capital in enterprises at the time enterprises are officially
transformed into joint-stock companies: At the time enterprises are officially
transformed into joint stock companies, accountants transfer the whole credit
balance of undistributed post-tax profits to owner’s capital, record:
Dr 421 – undistributed post-tax profits
Cr 411 – owner’s capital
Article 75. Account 441- Capital for
capital investment
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This account used for recording of existing amount and the
situation of increase or decrease of capital for capital investment of
enterprises. Capital for capital investment of enterprises granted by State
budget or by seniors. Capital investment capital of units used for new capital
investment, improvement, extension business and production premise, and
procurement of fixed assets for renovation of technology. Capital investment in
enterprises shall must execute and respect regulations on current capital
investment management.
b) Every time construction and procurement of fixed assets
accomplished, assets are transferred for use in business and production,
accountants must conduct procedures for settlement of investment capital of
every construction sections. When investment construction report is approved,
accountants must record a decrease in capital investment capital source, record
an increase in owner’s capital.
2. Structure and contents of account 441 – Capital for
capital investment
Debit side: Amount of capital for capital investment decreases due to:
– New construction and procurement of fixed assets
accomplished, transferred for use and investment capital settlement report is
approved.
– Refund of unspent capital investment capital to senior units,
to State
Credit side: Amount of capital for capital investment increases due to:
– State budget or seniors grant capital for capital
investment;
– Receipt of capital for capital investment due from aid,
financing;
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit Balance: Existing amount of capital for capital investment of
enterprises which have not yet been used or used, but construction have not yet
been accomplished or accomplished but balance-sheet have not yet been approved.
3. Method of accounting for several major transactions
Receiving capital for capital investment by cash, cash in
bank, record:
Dr 111, 112
Cr 441 – Capital for capital investment
b) In case of receiving capital for capital investment
granted by State budget, according to allocated estimate:
– When be transferred of estimate for expenditure of capital
investment, enterprises actively monitor and record information about items in
the notes to financial statements.
– When withdrawal of estimate for expenditure of capital
investment for use, based on the situation of using estimate for expenditure of
capital investment to treat in accounts related, record:
Dr 111 – Cash on hand
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible value-added tax
Dr 241 – Construction in progress (withdrawal of estimate
for direct expenditure)
Cr 441 – Capital for capital investment
c) When have not yet been transferred estimate for capital
investment, units shall be advanced investment capital by the treasury, when
receiving advanced capital from the treasury, record:
Dr 111, 112
Cr 338 – Other payables (3388)
d) When the estimate for expenditure of capital investment
transferred, units must conduct payment procedures to refund the treasury
advanced amount of capital. When the treasury accepts payment vouchers,
recorded:
Dr 338 – Other payables (3388)
Cr 441 – Capital for capital investment
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 336, 338, 341…
Cr 441 – Capital for capital investment
e) Supplementing capital for capital investment by
development investment fund, recorded:
Cr 414 – Development investment funds
Cr 441 – Capital for capital investment
g) When construction and procurement of fixed assets by
capital for capital investment accomplished, transferred for use in business
and production : Accountants shall record an increase in fixed assets due to
capital investment, procurement of fixed assets accomplished, recorded:
Dr 211 – Tangible fixed assets
Dr 213 – Intangible fixed assets
Cr 241 – Construction in progress
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 441 – Capital for capital investment
Cr 111, 112.
i) When enterprises supplement charter capital from capital
for capital investment, enterprises must transfer to invested capital of
owners, record:
Dr 441- Capital for capital investment
Cr 4111 – Contributions from owners (4111).
Article 76. Account 461-
Non-business expenses source
1. Accounting Principles
This account is used to record of the situation of
receiving, using and settlement of non- business and project expenses of units.
This account is only used in emits which are granted with non-business and
project expenses by State or senior unit.
Expenses source for non-business and projects are
expenditures granted by State budget or senior units or direct aids received
from Government, domestic and foreign organizations or individuals for
implementation of item programs, approved projects, to perform economic,
politic and social tasks assigned by the State or seniors for non – profit
purposes. Use of expenditure source for non-business and projects must comply
with approved estimate and must settle with agencies which grant expenditures.
Non-business expenditure source may also be established from non-business
receipts incurred at units, such as collecting hospital fees of unit’s employee
who are under treatment and in convalescence at unit’s hospital, collecting
school fees, customary dues, etc
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) Expenses source for non-business and projects must be
used in compliance with purposes, operating contents, standards and norms of
State and senior units and in approved estimate range
d) In case expenses are granted by State budget, grant
method of State budget for non-business expenditure source will be based to
record in accounting book:
– If State budget grant expenses by payment order, when receive
Credit note, the amount is transferred into account of the unit, accountants
concurrently record an increase in cash in banks and non-business expenditure
source;
– If State budget grant expenses by allocation of estimate
for non-business, projects expenditures, when receiving the notice, or
withdrawing estimates for non-business, projects for expenditure, units must
explain on financial statement , and record Cr 461 “Non-business expenses
source” corresponding with related accounts.
dd) At fiscal year-end, units must make settlement
procedures for striking balance of situation of receiving and using
non-business expenses source with financial agencies, governing bodies and with
every agency or organization granting expenditures according to current financial
policy. Unspent expenditure allowed to transfer will be settled according to
the decision of authorized agencies. Units only transfer amount of unspent
expenses of non-business and projects to next year when approved by authorized
agencies.
e) At fiscal year-end, if settlement of operating
expenditures by non-business expenses source are not yet approved, accountants
shall transfer non-business expenses source of current year to non-business
expenditure source of previous year.
2. Structure and contents of account 461- Non-business
expenses source
Debit side:
– Expenditures from non-business and projects source;
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit side:
– Amount of expenses source for non-business and projects
actually received from Slate budget or seniors;
– Amount of non-business receipts incurred at units
supplemented for non-business expenses source
Credit Balance: Amount of expenses source for non-business and projects received
from State budget or seniors, but have not yet used or used but have not yet
settled.
Account 461- Non-business expenses source, comprises 2
sub-accounts:
– Account 4611- Non-business expenses source of previous
year: Recording expenses for non- business, projects in the previous year used
but the settlement report of previous year has not been approved, and the
amount of unused non-business funding of previous year. When the settlement
report of previous year is approved, expenditure by source of non-business
funding, project funding of previous year shall be deducted from account 461
“Non-business funds” (4611- Non-business Funding of previous year).
The unused non-business funding of previous year, depending on decision of
financial agencies or the competent authorities, must be submitted into the
budget or transferred to the funding of current year.
– Account 461- Non-business expenses source of current year
: Recording non- business funding, project funding allocated in current year by
the Budget or seniors, including unused non- business funding of previous year
until approval of all settlement reports transferred into current year’s
funding. At the end of the accounting year, at the beginning of next year, the
funding of current year, if has not been settled shall be transferred from
account 4612 “Non-business funding of current year” to account 4611
” Non-business funding of previous year” for monitoring until the
settlement report of previous year is approved.
3. Method of accounting for several major transactions
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112
Cr 461 – Non business expenses source (4612)
b) When drawing estimate for activities or projects to
encash, or to purchase materials, tools, or pay directly to sellers or disburse
directly, record:
Dr 111 – Cash on hand
Dr 331 – Supplier Payable
Dr 161 – Expenses of non-business and projects (1612)
Dr 152, 153,…
Cr 461 – Non business expenses source (4612)
c) Non – business receipts incurred at units (if any),
record:
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 461 – Non business expenses source (4612)
d) Receiving non-business expenses in fixed assets granted
by State budget or seniors, or receive grant in fixed assets used for
non-business and projects activities, record:
Dr 211 – Tangible fixed assets
Dr 213 – Intangible fixed assets
Cr 461 – Non business expenses source.
Concurrently, record:
Dr 161 – Expenses of non-business and projects
Cr 466 – Fixed asset expenses
dd) At fiscal year-end, business still have cash and cash in
bank which belong to expenditure source for non-business and projects, if this
unspent non – business expenditure must be returned to State budget or seniors,
record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112.
If unspent amount of expenses source for non-business and
projects is retained to transfer into next year’s expenditure, the above entry
will not be implemented.
e) When settlement report of expenses for non-business and
projects activities approved in the current year, record:
Dr 461 – Non-business expenses source (4612)
Cr 161 – Expense for non-business activities (1612)
(approved expenditure amount)
g) If until year-end, the settlement report of expense for
non-business and projects has not yet approved:
– Transferring expense for non-business and projects of
current year into expense on non-business and projects of previous year,
record:
Dr 161 – Expense for non-business (1611 – Expense for
non-business activities of previous year)
Cr 161 – Expense for non-business (1612 – Expense for
non-business activities of current year)
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 461- Non-business expenses source (4612)
Cr 461 – Non business expenses source (4611)
h) When settlement report of expenses for non-business and
projects activities approved in previous year, record:
Dr 461 – Non-business expenses source (4611)
Cr 161 – Expenses of non-business (1611)
Non business expenses source of previous year determined as
redundancy when annual settlement report is considered, shall be transferred
into non business expenses source current year, record:
Dr 461- Non-business expenses source (4611)
Cr 461- Non business expenses source (4612)
Article 77. Account 466 – Fixed
asset expenses source
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This account is used to record existing amount and increases
or decreases in fixed asset expenses source. Only recorded an increase in fixed
asset expenditure source when units purchase fixed assets, invest in new
construction, upgrade, improve, extend existing fixed assets, these operations
will be recorded an increase in historical price of fixed assets by expenses
source for non-business and projects, granted by State budget or received from
grant, financing, delivered for use in non-business activities and projects
b) fixed asset expenditure source is recorded a decrease
when calculating depreciation of fixed assets, or selling, liquidation,
discovering fixed assets deficit when carrying out inventory, refunding for
State, or transferring fixed assets to other units according to orders of
seniors, of State
2. Structure and contents of account 466 – Fixed asset
expenses source
Debit side: Fixed asset expenses source decreases, including:
– Refunding to State or transferring fixed assets, used for
non-business and projects activities according to the decision of State bodies
or authorized agencies;
– Calculating fixed assets depreciation used for
non-business and projects activities;
– Selling, liquidating fixed assets or discovering
deficiency of fixed assets used for non-business and projects activities
– Net book value of fixed assets decreases due to
revaluation.
Credit side: Fixed asset expenses source increases, including:
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Being granted non-business expenses, projects expenses,
receiving grant in fixed assets;
– Net book value of fixed assets increases due to
revaluation.
Credit Balance: Existing fixed asset expenses source at units.
3. Method of accounting for several major transactions
In case expenses are granted from State budget, senior units
in fixed assets or using expenses for non-business or projects, non-refund aid
to purchase fixed assets to invest in capital investment, when procurement of
fixed assets, capital investment accomplished, assets taken in use for
non-business and projects activities, record:
Dr 211 – Tangible fixed assets
Dr 213 – Intangible fixed assets
Cr 111, 112, 241, 331, 461,…
Concurrently, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 466 – Fixed asset expenses
b) At end of fiscal year period, calculating fixed assets
depreciation, invested or purchased by expenses sources for non-business and
projects, used for non-business and projects activities, record:
Dr 466 – Fixed asset expenses
Cr 214 – Accumulated depreciation of fixed assets.
c) When selling or liquidating fixed assets used for
non-business and projects activities, record:
– Recording a decrease in fixed assets sold or liquidated:
Dr 466 – Fixed asset expenses source (net book value)
Dr 214 – Accumulated Depreciation of fixed assets
(depreciation value)
Cr 211 – Tangible fixed assets (cost)
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Receipts and expenditures, and difference between receipts
and expenditures on sale and liquidation of fixed assets invested by expenses
source for non-business and projects, will be settled and treated according to
the decision on sale and liquidation of fixed assets of authorized agencies
d) Accounting for transfer of assets being the welfare
projects: For assets being welfare projects funded by the state budget, if
enterprises equitized from 100%-state-owned enterprises continue to use for
business purposes, accountants record:
Dr 466 – Fixed asset expenses
Cr 411 – owner’s capital
Article 78. Accounting Principles
for turnovers
1. Turnovers from the economic benefits gained increase
owner’s equity of enterprises except for the additional contribution of the
shareholders. Turnovers is recorded at the time the transaction arises when the
economic benefits are firmly gained, determined under the fair value of sum
entitled to be received, regardless of having earned money or being going to
earn money.
2. Turnovers and cost setting up such turnovers must be
recorded simultaneously under the principle of conformity. However, in some cases,
conformity principles may conflict with the precautionary principle in
accounting, accountants must base on the nature and accounting standards to
record transactions honestly and reasonably.
– An economic contract may include multiple transactions. Accountants
must identify transactions to apply conditions to record turnovers in
accordance with the provisions of accounting Standards of
“Turnovers”.
– Turnovers must be recorded in accordance with nature
rather than the form or the name of the transaction and must be allocated under
obligations of providing goods or services.
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Example: In case of selling products and goods with
replacement products, goods, equipment (in case of malfunction prevention),
turnovers for shall products, goods sold and replacement products, goods,
equipment must be allocated. The value of the replacement products, goods,
equipment is recorded in cost of goods sold.
– For transactions from which obligations of the seller
arising at the current time and in the future, turnovers must be allocated
according to the fair value of each obligation and are recorded when the
obligations are fulfilled .
3. Turnovers, profit or loss are only considered not to be
earned if enterprises must be responsible for obligations in the future (except
for normal warranty obligation) and are uncertain of economic benefit; The
classification of gains and losses into earned or unearned does not depend on
the cash flow is incurred or not.
Gains and losses arising from revaluation of assets and
liabilities are not considered not to be earned because at the time of
revaluation, units have the right to the property and has obligation with
liabilities, for example: Gains and losses arising from revaluation of assets
contributed as capital investment in other units, revaluation of financial
assets at fair value, exchange differences due to revaluation of monetary
items derived from foreign currencies … are considered to have earned.
4. Turnovers do not include sums collected on third party,
for example:
– Indirect taxes (VAT, export
duties, excise taxes, environmental protection tax) payable;
– Amount which the turnovers agent
collects on goods owners due to turnovers agency ;
– Surcharges and fees collected in addition to the unit
price are not entitled;
– Other cases.
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
5. Time, basis for recording accounting turnovers and
taxable turnovers may vary depending on the specific situation. The taxable
turnovers are only used to determine tax payable as prescribed by law;
Turnovers recorded in the accounting books for the financial statements must
comply with the accounting principles and, depending on cases, are not
necessarily equal to the amount stated on the bill of sale.
6. When rotating products, goods and services among
dependent cost-accounting units within the enterprises, depending on the
operating characteristics, decentralization of each unit, enterprises may
decide on recording turnovers in the units if there is an increase in the value
of products and goods between the stages that do not depend on any accompanying
documents (invoices or internal vouchers). When preparing general financial statements,
all turnovers among units within the enterprises must be excluded.
7. Turnovers recorded shall only include turnovers of the
reporting period. For accounts that record turnovers without balance, at the
end of period, accountants must transfer turnovers to determine income
statement.
Article 79. Account 511- Turnovers
from selling goods and provisions of service
1. Accounting Principles
This account is used to record turnovers of enterprises in
an accounting period, including turnovers of selling goods, products and
provisions of services for the parent company, subsidiary company in the same
group.
This account records turnovers of production and trading
activities from the following transactions and operations:
a) Sales: Selling products manufactured by business, selling
of goods purchased and real estates invested.
b) Providing services: carrying out services agreed in
contract for one or more accounting periods, such as providing transportation
or travel services, leasing of Fixed Assets in ways of operating lease,
turnovers from construction contract…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Conditions of recording turnovers
a) An enterprise shall only record turnovers from selling
goods if simultaneously satisfies the following conditions:
– Enterprises have transferred most of risks and benefits
associated with ownership of products, goods to the buyer;
– Enterprises no longer hold the right to manage goods as
owners or the right to control goods;
– Turnovers are determined reliably. When contracts define
that buyers are entitled to return products, goods purchased under specific
conditions, enterprises shall only record turnovers if such specific conditions
no longer exist and buyers are not entitled to return products, goods (unless
the customer is entitled to return the goods under the form of exchange for
other goods or services);
– Enterprises have received or will receive economic
benefits from the sale transaction;
– Costs related to sale transactions may be determined.
b) An enterprise shall only record turnovers from providing
services if simultaneously satisfies the following conditions:
– Turnovers are determined reliably. When contracts define
that buyers are entitled to return services purchased under specific
conditions, enterprises shall only record turnovers if such specific conditions
no longer exist and buyers are not entitled to return provided services ;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The completed work may be determined at the time of the
report;
– Incurred costs for the transaction and the costs to
complete the transaction of providing such services may be determined.
Where economic contracts including many transactions,
enterprises must identify transactions to record turnovers in accordance with
accounting Standards, for example:
– Where the economic contracts define sales and provisions
of after-sales service (in addition to the normal warranty), enterprises must
record sale turnovers and service provision turnovers separately ;
– Where the contracts define that the seller is responsible
for installing the products, goods for the buyer, turnover is only recorded
after the installation is done.
– If enterprises are obliged to provide goods or services
free for the buyer or discount transactions for traditional customers,
accountants shall only record turnovers for such goods, services provided until
obligations for the buyer are fulfilled.
Net turnovers that are realized by the business in the
accounting period can be lower than the Revenues originally recorded, because
of business’ trade discounts, sales allowances or sales returns from customers
(because goods sold didn’t meet specifications and quality conditions written
in economic contract);
Where products, goods or services sold from the previous
period, discounted for sales in the next previous or goods are returned,
enterprises record a decrease in turnovers according to the principle:
– If products, goods or services sold from the previous
period, discounted for sales, returned in the next period, but incurred prior
to the issuance of financial statements, accountants must consider them as an
adjustment event incurred after the dated of balance sheet and record decrease
turnovers in financial statement of the reporting period.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Turnovers in some cases are determined as follows:
Turnovers from selling goods, providing services do not
include indirect taxes payable such as VAT (including paying VAT under
subtraction method), excise tax, export duties, environmental protection taxes
.
In case of no immediate separate of indirect taxes payable
at the time of recording turnovers, accountants shall record turnovers
including the tax payable and record periodically as decrease in turnovers for
indirect taxes payable. When preparing reports on income statement, standards
of “Sales of goods, provisions of services” and standards of
“Turnover deductions” do not include indirect taxes payable in the
period due to naturally indirect taxes are not considered as a part of the
turnovers.
In case in period enterprises have written invoices and received
money from sales but at the end of period, have not yet delivered to the buyer,
the value of the goods is not considered to have been sold in the period and
not recorded in account 511 “Turnovers from selling goods and providing
services” but only accounted for in Credit side of accounts 131
“Receivables from customer ” the sum received from customers. When
making deliveries to the buyer, the value of goods delivered, received money in
advanced in accordance with the conditions for recording turnovers shall be
accounted for in account 511 ” Turnovers from selling goods and providing
services “.
In case of dispatching goods for promotion, advertising, but
customers only receive promotional, advertising goods together with other
conditions, such as buying products, goods (eg, buy 2 get 1 free….),
accountants must allocate the received sum to calculate the turnovers for
promotional items, the value of promotional goods is calculated on the cost of
goods sold (in this case the nature of the transaction is discount of goods
sold ).
In case the enterprise has turnovers from sales and services
provision in foreign currency, then the turnovers must be converted into
accounting currency unit under exchange rates of real transactions at the time
of economic transactions. In case of receipt of advance payments of customers
in foreign currency, turnovers corresponding to the advance sum shall be
converted into accounting currency unit under the exchange rate of real
transactions at the time of receipt of advance.
Turnovers from sales of real estates of enterprises being
investors must comply with the following principles:
a) For works, work items of which enterprises being
investors (including works, work items of which enterprises being both
investors and constructors), enterprises shall not record the turnovers of
selling real estate under the accounting standard of construction contract and
shall not record for the turnovers received in advance from the customers
according to progress. Recording turnovers from sales of real estate must
satisfy five following conditions:
– The real estate has completed and transferred to the
buyers, enterprises have transferred risks and benefits associated with
ownership of the real estate to the buyers;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The turnover is determined reliably;
– Enterprises have received or will receive economic
benefits from the sales of the real estate;
– Costs related to sales of the real estate may be
determined.
b) For works, work items of which enterprises being
investors (including works, work items of which enterprises being both
investors and constructors), where the customer is entitled to finish interior
of real estate and enterprises finish interior of the real estate in accordance
with designs and requirements of customers, enterprises record the turnovers
upon completion and transfer of raw building to customers. In this case,
enterprises must have a separate completed contract of interior of the real
estate with the customer, which specifies the requirements of customers in the
design, engineering, interior finishing forms of the real estate and a transfer
note of the raw building parts to customers.
c) For real estate divided into plots for sale, if
transferring the plot to customers (regardless legal procedures for land use
right certificate is done or not) and the irrevocable contract, investors
record the turnovers for the plot sold if satisfy the following conditions:
– Risks and benefits associated with the land use rights are
transferred to the buyer;
– The turnover is determined reliably;
– Costs related to sale of plots may be determined.
– Enterprises have received or will receive economic
benefits from sales of the plots;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
For operations of authorization service of export, the
turnovers are authorization fees of units earned.
In case units only process materials, goods, then turnovers
are actual amount of money earned, not including values of materials, goods
processed.
In case sales on credit, sales on installments, then
turnovers are determined according to cash price ;
Principle on recording the turnovers for the sale of goods
and provisions of services under the programs for traditional customers:
Characteristics of the sale of goods and provisions of
services under the programs for traditional customers: Transactions under
the program for traditional customers must simultaneously satisfy all of the
following conditions:
– When purchasing goods and services, customers built enough
points to reach the prescribed points shall receive an amount of goods and
services for free or discounted price;
– The seller shall determine the fair value of goods and
services provided free or discounted amount for the buyer when the buyer meets
the conditions of the program (built enough points);
– The program must be limited to a specific and clear time,
if the prescribed time limit is over, the customers have not met the conditions
set out, the seller shall no longer be obliged to supply goods services for
free or discount for buyers (number of points accumulated by buyers is
invalid);
– Upon receipt of the goods or services for free or
discounted prices, buyers are subtracted the cumulative points as prescribed by
the program (exchange cumulative points for goods, services or discount upon
purchase).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) Accounting Principles
– At the time of sale of goods or provisions of service, the
seller shall determine separately the fair value of goods and services provided
free or discounted amount for the buyer when the buyer meets the conditions of
the program.
– The turnovers recorded the total amount that needs to be
received or has been received minus the fair value of goods and services
provided free or discounts to buyers. The value of goods and services provided
free or discounts for buyers are recorded an unearned turnover. If at the
expiry of the program, the buyer does not qualify under the prescribed
conditions and is not entitled to free goods, services or discounts, the
unearned turnover is transferred to the turnover of sales, provisions of
services.
– When buyers meet the conditions as stipulated by the
program, handling of unearned turnovers shall be done as follows:
Where sellers directly provide goods or services for free or
discount for buyers: The unearned turnovers corresponding to the fair value of
some goods and services provided free or discount for buyers are recorded a
turnovers from selling goods, providing services when buyers have received
goods or services for free or been discounted as prescribed by the program .
Where the third party is obliged to provide goods or
services free or discount for the buyer: If the contract between the seller and
such third party is not an agency contract, when the third party provides
goods, services or discounts, the unearned turnover is transferred to the
turnover from selling goods, providing services. If the contact is an agent contract,
only the difference between the unearned turnover and the amount payable to the
third party is recorded a turnover. The amount paid to the third party is
considered as the payment of liabilities.
Principle for recording and determination of turnovers from
construction contracts
Turnovers from construction contracts include:
– The original turnovers written in contract;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Turnovers from contract can increase or decrease in each
period, for example: Contractors and consumers can agree upon changes and
requirements, that increase or decrease turnovers of contract in the next
period, in compassion with originally accepted contract. Turnovers agreed in
the contract is based on fixed prices, so it can increase because of price
increase. Turnovers written in contract can decrease because the contractor did
not meet schedules of activities, or did not guarantee construction agreed in
the contract. In case the contract written with fixed prices, that regulate a
fixed price level for a finished unit of product, then turnovers calculated in
contract will increase or decrease when product volume increases or decreases.
Bonuses are extras paid for contractors if they perform
fairly or well contract requirements. Bonuses are charged to contract revenues
if having both two conditions.
(i) Bonuses are determined
reliably.
(ii) Bonuses are determined reliably
– Another payment that contractor receives from customer or
another party to compensate for expenses not included in contract prices. For
example, delays caused by customers; errors in technical or design indicators,
and disputes on changes in carrying out the contract. Determination of turnover
increase from these payments also depend on many uncertain factors, and usually
depend on results of many negotiations. Thus, other payments are charged to
turnover only if:
Negotiation obtained the solution that the customer accept
to compensate;
Other payments are accepted by customers and can be
determined reliably.
b) Recording turnovers of construction contract will comply
with one of two conditions:
– In case the construction contract defines that the
contractor shall be entitled to payment basing on the progress, when achieved
results of construction contract are estimated reliably, then turnover from the
construction contract is recorded proportionally to part of works finished,
determined by contractors on the date of financial statement without depending
on the bills under the progress made or not and the amount on the bills.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) In case achieved results of construction contract can’t
be estimated reliably, then:
– Turnover is only recorded proportionally to with incurred
costs of contract that the repayment is relatively certain.
– Costs of contract is only recorded a period costs when
these costs had been incurred.
In case of assets lease, lessors received rent in advance
for many periods, then recording turnovers shall be made under the principle of
allocating the rent received in advance in accordance with the lease period.
Where the rental period is 90% of the useful life of the
assets, enterprises may choose method of recording turnovers once for the
entire rental amount received in advance if the following conditions are met
simultaneously:
The lessee is not entitled to cancel the lease contract and
the lessor has no obligation to repay the amount received in advance in all
cases and in all forms;
The amount received in advance from the lease is not less
than 90% of the total lease amount expected to get under the contract during
the lease term and the lessee must pay the entire amount of lease within 12
months from the beginning of the lease;
Almost all the risks and benefits associated with ownership
of the leased asset are transferred to the lessee;
The lessor must estimate relatively the full cost of the
lease.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
The difference in turnovers and profits, if being recorded
in the method of gradual allocation under lease time;
The effect of recording turnovers in the period on the
ability to create money, risks of declining turnover, profits of future
periods.
In case enterprises perform the tasks of supplying products,
goods, services as required by government, and are subsidized, price supported
as regulated by government, then the subsidized or price supported turnovers
are amounts officially announced, or actually subsidized or price supported.
In case of sale of products and goods with replacement
products, goods, equipment (prevention in case products, goods malfunction)
turnovers must be allocated for products, goods sold and goods, equipment must
be delivered to the customer to replace and prevent damage. The value of
the replacement products, goods, equipment is recorded in cost of sales.
For capital investment management fee :
– For enterprises assigned to manage construction,
investment projects using state budget funds or Government bonds, municipal
bonds, in case of making estimate of administrative expense of projects under
the provisions of the State on investment and construction using state budget
funds, the funds for the project manager reimbursed by the state budget
are not accounted for as turnover but recorded a decrease in administrative
expense of projects.
– Where enterprises fulfill the task of project management
under consultancy contract, the sum received under the contract is recorded a
turnover from provision of services.
Turnover from sales, provisions of service shall not be
recorded to:
– Value of goods, materials, semi-finished products
outsourced by outsiders; Value of goods consigned to agents for sales,
consignment (not yet identified to be sold);
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Financial income;
– Other income.
2. Structure and contents of account 511 – Turnovers from
sales and provisions of services
Debit side:
– Payable indirect taxes (VAT, excise, export, environmental
protection);
– Turnover from returned goods transferred at the end of
period;
– Discounts transferred at the end of period;
– Trade discounts transferred at the end
of period;
– Transfer of net turnover to account 911 “Income Summary”.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Account 511 does not have ending balance
Account 511 – Turnover from sales and service provisions
comprises 6 sub – accounts:
– Account 5111 – Turnover from sales: This account is used
to record turnover and net turnover of goods identified to be sold in an
accounting period of enterprises. This account is mainly used in trading
industries such as : goods, materials, food…
– Account 5112 – Turnovers from finished goods: This account
is used to record turnover and net turnover of products (Finished goods
Inventory, semi-finished products) identified to be sold in an accounting
period of business. This account is essentially used in physical industries,
such as: industry, agriculture, Construction, Fishering, Forestry,…
– Account 5113 – Turnovers from service provision: This
account is used to record turnover and net turnover of services provision
completed, provided for customers and identified as being sold in an account
period. This account is essentially used in service business, such as: Traffic
and transportation, post office, travel, public services, science and technical
services, accounting and auditing services.
– Account 5114 – subsidized or price supported turnovers:
This account is used to record turnover from subsidization and price support of
government, when business provides products, goods and services as required by
government.
– Account 5117 – Turnovers from investment property: this account used to record
turnover from leasing investment property and turnover from selling,
liquidating investment property.
– Account 5118 – Other turnovers: This account is used to
record turnovers besides turnover from goods sales, sales of semi-finished products,
service provision, subsidized turnover and turnover from real estate business
such as: Turnover from sales of materials, scrap, sale of tools,
instruments and other turnovers.
3. Method of accounting for several major transactions
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) For the products, goods, services, invested real estate
subject to VAT, excise tax, export tax, taxes, environment protection tax,
accountants record turnover from sales and service provision according to
selling price without VAT, indirect taxes payable (details of each type of tax)
separated as soon as receipt of turnover (including VAT payable under the
direct method), record:
Dr 111, 112, 131, … (total payment)
Cr 511 – Turnover from sale and service provision (price net
of tax)
Cr 3331 – VAT payable to State
b) Where no immediate separation of tax payable, accountants
record turnover including taxes payable. Periodically accountants
determine tax obligations payable and record a decrease in turnover sales,
record :
Dr 511 – Turnover from sale and service provision
Cr 3331 – VAT payable to State
In case turnover from sales and service provision incurred
in foreign currency:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– In case of receipt of advance payments of customers in
foreign currency, turnover corresponding to the advanced amount shall be
converted into the accounting currency unit in accordance with the actual
exchange rate at the time of receipt of such advance.
For transactions of different barter:
When dispatching products or goods in exchange for different
materials, goods, fixed assets, accountants record turnovers in exchange for
other materials, goods and fixed assets at fair value of received assets after
adjustment of amount received or paid additionally. In case of undetermining
the fair value of received assets, turnovers are determined under the fair
value of the exchanged assets after adjustment of amount received or paid
additionally
– When turnover is recorded, record:
Dr 131 – Customer receivable (Total Settlement price)
Cr 511 – Turnover from sale and service provision (price net
of tax)
Cr 3331 – VAT payable to State
Concurrently, recording the cost of exchanged goods, record:
Dr 632 Cost of goods sold
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When receiving materials, goods, fixed assets from
exchange, accountants records value of exchanged materials, goods, fixed
assets, record:
Dr 152, 153, 156, 211,… (buying price without VAT)
Dr 133 – Deductible VAT ( if any)
Cr 131 – Customer receivable (Total Settlement price)
– In case the money is collected additionally because the
fair value of the products, goods sent for exchange is higher than the fair
value of materials, goods, fixed assets received by the exchange, when
receiving money from the side which has materials and goods, fixed for
exchange, record :
Dr 111, 112 ( sum received additionally)
Cr 131 – receivable from customers
– In case the money is paid additionally because the fair
value of the products, goods sent for exchange is lower than the fair value of
materials, goods, fixed assets received by the exchange, when paying for the
side which has materials and goods, fixed for exchange, record :
Dr 131 – receivable from customers
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
When goods are sold on credit, sold on installments:
– When goods are sold on credit, sold on installments.
Accountants record turnovers from sales under the prices in cash without tax,
record:
Dr 131 – receivable from customers
Cr 511- Turnover from sale and service provision (price in
cash without tax)
Cr 3331 – Tax and payable to State
(3331, 3332)
Cr 3387 – Unearned turnovers
(Difference between total amount of credit sales, of installment sales and
amount under price in cash)
Periodically recording turnovers from interests of credit
sales, installment sales in the period, record:
Dr 3387 – Unearned Revenues
Cr 515 – Revenues from financial activities (Interests of
credit sales, installment sales)
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) Accountants record the cost of goods sold including the
value of products, goods sold and the value of replacement products, goods,
equipment and parts, record:
Dr 632 – Cost of goods sold
Cr 153, 155, 156.
b) Recording turnover from sales (sales of both products,
goods, and replacement products, goods, equipment and parts), record :
Dr 111, 112, 131.
Cr 511 – Turnover from sale and service provision
Cr 3331 – VAT payable to State
Turnover arising from the program for traditional customers
a) When selling goods or providing services in programs for
traditional customers, accountants record turnovers on the basis that the total
amount received minuses unearned turnover being the fair value of the goods and
services provided free or discounted amount for customers:
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 511 – Turnover from sale and service provision
Cr 3387 – Unearned revenues
Cr 3331 – VAT payable to State
b) Upon the expiry of the program, if the customer does not
meet the conditions to enjoy the preferential treatment such as free goods and
services or discounted prices, the seller is not supposed to arise payments to
customers, accountants transfer unearned turnover into turnover from sales and
service provision, record :
Dr 3387 – Unearned Revenues
Cr 511 – Turnover from sale and service provision
c) When the customer meets all the conditions of the program
to enjoy the preferential treatment, the unearned turnover shall be handled as
follows:
– If the seller directly provides goods or services for free
or discount for the buyer, the unearned turnover is transferred into turnover
from sales and service provision at the time the obligations with customers are
fulfilled (delivered goods or services for free or discounted or customers):
Dr 3387 – Unearned Revenues
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– In case the third party is provider of goods, services or
discounts for customers, it shall be as follows:
In case enterprises act as the agent of a third party, the
difference between the unearned turnover and the amount payable for such third
parties is recorded a turnover from sales and service provision when incurring
payment obligations with the third party, record :
Dr 3387 – Unearned Revenues
Cr 511 – Turnover from sales and service provisions (the
difference between unearned turnover and the amount paid for the third party is
considered as turnover from commissions)
Cr 111, 112 (amount paid for the third party).
In case enterprises do not act as the agent of a third party
(Definitive purchase and definitive sale) the total unearned turnover shall be
recorded a turnover from sales and service provision when incurring payment
obligations with the third party, the amount paid for the third party is
recorded into the cost of goods sold, record :
Dr 3387 – Unearned Turnovers
Cr 511 – Turnover from sale and service provision
At the same time record the amount payable for the third
party as the cost of goods or services offered to customers, record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 112, 331.
When leasing fixed assets and real estate investment,
accountants record the turnover in consistence with leasing service of fixed
assets and investment real property completed in each period. When
issuing invoices for payments for lease of fix assets and investment real
property, record:
Dr 131 – Receivable from customers (if the money is not paid
immediately)
Dr 111, 112 (if the money is paid immediately)
Cr 511 – Turnover from sale and service provision
Cr 3331 – VAT payable
In case collecting advance payment from operating
lease of fixed assets and investment real property: for many periods:
– When receiving advance payment from operating lease of
fixed assets and investment real property for many periods, record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3387 – Unearned turnovers (Without VAT)
Cr 3331- VAT payable
– Periodical calculating and transferring turnovers of the
accounting period, record:
Dr 3387 – Unearned Turnovers
Cr 511 – Turnover from sale and service provision ( 5113,
5117).
– Payment must be refunded for customers because
operating lease contract of fixed assets, of investment real property is not
implemented continuously, or implementing period is shorter than period of
advance payment (if any), record:
Dr 3387 – Unearned turnover (Without VAT)
Dr 3331 – VAT payable (Amount refunded for lease about VAT
of unrealized assets lease)
Cr 111, 112,… (Total repayment).
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
In case sales through commission agent
at exact price
Accounting at consigner:
– When delivering products, goods to
agents, consigner must make delivery order for products consigned to agents.
Based on this delivery order, accountants record:
Dr 157 – Goods consigned for sales
Cr 155, 156.
– When goods consigned to agents are sold, based on the list
of invoices outward of goods sold received from commission agents prepared,
accountants record the turnover from sales according to price excluding VAT,
record :
Dr 111, 112, 131, … (total payment)
Cr 511 – Turnover from sale and service
provision
Cr 3331 – VAT payable (33311).
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Cost of goods sold
Cr 157 – Goods consigned for sales.
– Commission payable for commission agents, record:
Dr 641 – Selling expenses (commission net of VAT)
Dr 133 – Deductible VAT ( 1331)
Cr 111, 112, 131,…
b) Accounting in commission agents:
– Upon receipt of goods from agents for commission,
enterprises actively monitor and record information on the total value of goods
received in the notes of financial statements.
– When the goods sold, based on the VAT invoice or sales
invoices and related documents, accountants record the amount that agents must
pay for the deliverer, record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 331 – Supplier payable (Total settlement price)
– Periodically, when determining revenues from commission
agent, record:
Dr 331 – Supplier payable
Cr 511 – Turnover from sale and service
provision
Cr 3331 – VAT payable ( if any).
– When paying agent sales for the deliverers, record :
Dr 331 – Supplier payable
Cr 111, 112.
When goods, products, services
delivered for sales at dependent cost-accounting units in enterprises:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) Accounting in sellers
– When delivering goods to dependent cost-accounting units
within enterprises, accountants make delivery order and internal way or VAT
bill, record:
Dr 136 – Internal payable (cost price)
Cr 155, 156
Cr 3331 – VAT payable to State
– Upon receipt of notice from the purchaser which states
that products, goods have been sold to outside, the seller records turnover,
cost price :
Recording cost price of goods sold, record:
Dr 632 – Cost of goods sold
Cr 136 – Internal payable.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 136 – Internal payable.
Cr 511 – Turnover from sale and service provision
b) Accounting in buyers
– When receiving goods, products, services sent from
dependent cost-accounting units within enterprises, accountants base on related
documents, record :
Dr 155, 156 (cost price )
Dr 133 – Deductible VAT ( if any)
Cr 336 – Internal payable.
– When selling products, goods or services outside,
accountants record turnover, cost price as usual.
– If dependent cost-accounting units are not decentralized
accounting to income statement after tax, accountants must transfer turnover,
cost price to higher-level units:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 336 – Internal payable.
Cr 632 – Cost of goods sold
Transferring turnovers, record:
Dr 511 – Turnover from sale and service provision
Cr 336 – Internal payable.
In case enterprises record turnover from sales for units
within the enterprises, record :
Dr 136 – Internal payable.
Cr 511 – Turnover from sale and service provision (details
of internal sales)
Cr 3331 – VAT payable to State
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
For goods processing:
Accounting at unit delivering goods for processing:
– When delivering goods for processing, record:
Dr 154 – Work in process
Cr 152, 156.
– Recording costs of processing goods
and deductible VAT:
Dr 154 – Work in process
Dr 133 – Deductible VAT ( if any)
Cr 111, 112, 331,…
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 152, 156.
Dr 154 – Work in process
b) Accounting at unit receiving goods for processing:
– Upon receipt of goods for processing,
enterprises actively monitor and record information on the total value of
materials, goods received for processing in the notes of financial Statements.
– When determining revenues from actual processing charges:
Dr 111, 112, 131,…
Cr 511-Turnover from sale and service provision
Cr 3331 – VAT payable (33311).
Accounting for turnover of construction contracts:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 337 – Payment correspondent with the progress of
construction contract
Cr 511 – Turnover from sale and service provision ( 5111).
– Basing on VAT invoices made out according to planned
schedule, to record the amount customer must pay complying with planned
schedule written in contract, record:
Dr 131 – Receivable from customers
Cr 337 – Payment correspondent with the progress of
construction contract
Cr 3331 – VAT payable
– When receiving payment from customer (or advance payment),
record :
Dr 111, 112,…
Cr 131 – Receivable from customers
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112, 131,…
Cr 511 – Turnover from sale and service provision ( 5111).
Cr 3331 – VAT payable
– Bonus that contractor receives from customer for
achievement or performing excess of some specifications written in contract,
record:
Dr 111, 112, 131,…
Cr 511 – Turnover from sale and service provision ( 5111).
Cr 3331 – VAT payable
– Compensation received from customers or other parties to
compensate for charges not included in contract value (for example: delays
caused by customers, errors in technical specifications or in design, and
disputes of changes in implementing the contract), record:
Dr 111, 112, 131,…
…
…
…
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Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payable ( if any).
– When receiving payment for finished volume of construction
or receiving advance payment, record:
Dr 111, 112,…
Cr 131 – Receivable from customers
Accounting of turnovers from subsidized, price support
amounts of Government for enterprises:
– When receiving announcements of
Government about subsidization, price support, record:
Dr 333 – Tax and Other payables for government (3339)
Cr 511 – Turnover from sale and service provision ( 5114).
– When receiving payment from Government Budget, record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 333 – Tax and Other payables for government (3339).
Accounting of selling, liquidating investment real property
:
– Recording turnovers from selling investment real property
Dr 111, 112, 131,…(total payment)
Cr 5117 – Turnover from trading investment real property .
Cr 3331 – VAT (33311 – Output VAT)
– Recording cost price of investment real property, record :
Dr 632 – Cost price of goods sold (net book value)
Dr 214 – Accumulated depreciation (2147) (if any)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
In case employees and other workers are paid in products,
goods: Accountants must record turnovers for products, goods as for normal
sales, record :
Dr 334 – Employee payable (Total settlement price)
Cr 511 – Turnover from sale and service provision
Cr 3331 – VAT payable (33311).
In case of using products and goods as gifts to staff and
employees which are covered by bonus and welfare fund: Accountants must record
turnovers for products, goods as for normal sales, record :
Dr 353 – Bonus and welfare fund (total settlement price)
Cr 511 – Turnover from sale and service provision
Cr 3331 – VAT payable (33311).
At the end of account period, transferring turnover from
sale returns, sale allowances, and trade discounts incurred in the period
subtracted from actual turnover in the period, to determine net turnover,
record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 521 – Deductible turnovers.
At the end of accounting period, transferring net sales to
account 911 “Income Summary”
Dr 511 – Turnover from sale and service provision
Cr 911 – “Income Summary”.
Article 80. Account 515 – Revenues
from financial activities
1. Accounting Principles
This account is used to record revenues
from interests, copyrights, dividends, distributed income, and other income
from financial activities of enterprises, including :
– Interests: interests on loans, interests on cash in banks,
on credit sales, installment sales, earnings from investment bond, notes,
discounts earned from purchasing goods, services
– Distributed dividends and earnings in stage after the date
of investment;
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Revenues from other investment activities;
– Gains on exchange rates, including gains from selling
foreign currencies;
– Revenues from other financial activities.
b) For sale of investments in subsidiary companies, joint
ventures, associated companies, buying and selling trading securities, revenue
is recorded a the difference between the sale price higher than cost price, in
which the cost price is the book value determined by the method of weighted
average, selling price is calculated according to the fair value of amounts
received. In case of buying or selling securities under the form of share swap
(investors swap share A for share B), accountants determine the value of shares
received under the fair value at the date of exchange as follows:
– For shares received being the listed shares, the fair
value of the shares is the closing price listed on securities market at the
date of exchange. If at the date of exchange, securities market does not work,
the fair value of the shares is the closing price of the previous session
preceding the date of exchange.
– For shares received being the unlisted shares traded on
UPCOM, the fair value of the shares is the closing price announced on UPCOM at
the date of exchange. If at the date of exchange, UPCOM does not work, the fair
value of the shares is the closing price of the previous session preceding the
date of exchange.
– For shares received being other unlisted shares, the fair
value of the shares is the agreed price by the parties or the book value at the
time of exchange or book value at the end of the previous quarter preceding the
exchange date. The determination of the book value of the shares is carried out
according to the formula:
The book value of shares
=
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Number of available shares
at the time of exchange
c) For revenues from buying and selling foreign currency,
revenue is recorded as the interest difference between the price of exchange
rate sold and the price of foreign bought.
d) For deposit interest: Revenue does not include interest
of deposit arising from the temporary investment of loans used for unfinished
asset construction purposes as prescribed by accounting Standard on borrowing
costs .
dd) For interest received from loans, credit or installment
sale: Revenue is only recorded when it is definitely earned and original loans,
principals receivables are not classified as overdue that need provision.
e) For gains on investments received from investments in
stocks, bonds, then only part of interest in the periods which business use to
redeem these investments shall be recorded a revenue incurred in the period,
and gains on investments from accrued investment before enterprises buy such
investment are recorded a cost price of such bonds and stocks investments.
g) For distributed dividends, profit used to revaluate
investments when determining the value of the enterprise for equitization: When
determining the value of the enterprise for equitization, if the financial
investments are evaluated as increase in proportion to ownership of equitized
enterprises in undistributed post-tax profits of invested party, equitized
enterprises must record an increase in state capital as prescribed by the law.
Then, upon receipt of dividends, profits used to evaluate the increase of state
capital, equitized enterprises do not record revenue from financial activities
but record a decrease in the value of financial investments.
h) When investors receive dividends in shares, investors
only monitor the number of shares increased in the note of financial
statements, do not record the value of shares received, do not record revenue
from financial activities, do not record an increase in the value of the investment
into company.
For enterprises of which 100% charter capital is held by the
State, accounting for dividends received by shares shall be complied with the
provisions of law on the types of enterprises owned by the State (if any).
2. Structure and contents of account 515 – Revenues from
financial activities
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– VAT payable under direct method (if any)
– Transferring net revenues from financial activities into
account 911 “Income Summary”.
Credit side : Revenues from financial activities incurred in the period .
Account 515 does not have ending balances.
3. Method of accounting for several major transactions
Recording revenues from distributed dividends and earnings
by money incurring in the period from contributed capital investment activity,
record:
– Upon receiving notice of the right to receive dividends,
profits from investment activities, record :
Dr 138 – Other receivables
Cr 515 – Revenues from financial activities
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 138 – Other receivables (total received dividends,
profits)
Cr 121, 221, 222, 228 (dividends, profits accrued before
enterprises repurchase the investments)
Cr 515 – Revenues from financial activities (dividends,
profits of periods after enterprises repurchase the investment).
– For distributed dividends, profit used to revaluate
investments when determining the value of the enterprise for equitization: When
determining the value of the enterprise for equitization, if the financial
investments are evaluated as increase in proportion to ownership of equitized
enterprises in undistributed post-tax profits of invested party, equitized
enterprises must record an increase in state capital as prescribed by the law.
Then, upon receipt of dividends, profits used to evaluate the increase of state
capital, equitized enterprises do not record revenue from financial activities
but record a decrease in the value of financial investments:
Dr 138 – Other receivables (total received dividends,
profits)
Cr 121, 221, 222, 228 (accrued investment profits before
enterprises repurchase the investments)
b) Periodically, when there is strong evidence of receipt of
loan interests (including bond interest), interest on deposits, interest on
credit, installment, record :
Dr 138 – Other receivables
Dr 121, 128 (if periodical loan interest is added to the
principal)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Solid evidences for receipt of receivables include:
– Principal receivables not considered bad debts being
subject to the provision or irrecoverable debts, not being subject to debt
freezing or rescheduling;
– Debt certification and debt payment commitment of debt
party;
– Additional evidence (if any).
c) When selling or withdrawal of financial investments,
record :
Dr 111, 112, 131…
Dr 635 – Financial expenses (if selling is a loss)
Cr 121, 221, 222, 228
Cr 515 – Revenues from financial activities ( if selling
gets profit)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 121, 228 (details of shares received under fair value)
Cr 635 – Financial expenses (the difference between the fair
value of the shares received less than the book value of the shares exchanged)
Cr 121, 228 (shares exchanged under book value)
Cr 515 – Financial revenues (the difference between the fair
value of the shares received higher than the book value of the shares
exchanged)
dd) Accounting for selling foreign currency, record :
Cr 111 (1111), 112 (1121) (actual
selling exchange rates )
Dr 635 – Financial expenses (the difference between the real
selling exchange rate lower than the exchange rates in accounting books).
Cr 111 (1112), 112 (1122) (at the exchange rate on the
accounting books)
Cr 515 – Revenues from financial activities (the
difference between the real selling exchange rate higher than the exchange
rates in accounting books).
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr related accounts (according to the actual exchange rate)
Cr 111 (1112), 112 (1122) (at the exchange rate on the
accounting books accounts 111,112)
Cr 515 – Revenues from financial activities (gains on forex)
g) When making payment of debts payable in foreign
currencies, if the exchange rate on the accounting books of Accounts 111, 112
is less than the exchange rate on the accounting books of debt payable
accounts, record :
Dr 331, 341… (the exchange rate on the accounting books)
Cr 515 – Revenues from financial activities (gains on forex)
Cr 111 (1112), 112 (1122) (the exchange rate on the
accounting books accounts 111,112)
h) When receiving money from debts
payable in foreign currency, if the actual exchange rate at the time of receipt
of money is higher than the exchange rate recorded in accounting books of the
account receivable, record :
Dr 111 (1112), 112 (1122) (actual exchange rates )
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 331, 136, 138… (the exchange rate on the accounting
books)
i) When selling products, goods under payment on deferred
term, paying by installments, then accountants shall record revenues from and
services provisions of account period in cash price, the difference between
deferred price, installments price and cash price shall be recorded in account
3387 “Unearned revenues”, record:
Dr 111, 112, 131,…
Cr 511 – Revenues from sales and service provisions (cash
price net of VAT)
Cr 3387 – Unearned revenues (Difference between deferred
price, installments price with cash price net of VAT)
Cr 3331 – Payable VAT
– Periodical determining and transferring revenues from
interest on credit sales or installments sales in the period, record:
Dr 3387 – Unearned revenues
Cr 515 – Revenues from financial activities
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 3387 – Unearned revenues
Cr 515 – Revenues from financial activities
l) In case of buying Government bonds under repurchase order
contract:
– When the purchaser pay to the seller the numbers of
coupons that the purchaser receives on seller’s behalf at (the) time within the
term of the contract, the seller records :
Dr 111, 112, 138
Cr 515 – Revenues from financial activities
– When allocating the difference between the resale price
and the buying price of Government bonds under the contract of repurchase of
Government bonds into periodical revenue in accordance with the duration of the
contract, the buyer records:
Dr 171 – Resale of government bonds
Cr 515 – Revenues from financial activities
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 331 – Supplier payables
Cr 515 – Revenues from financial activities
n) In case of revaluating currency gold arising interest
(domestic gold price is higher than the book value), accountants record
financial expense, record :
Dr 1113, 1123
Cr 515 – Revenues from financial activities
o) When handling exchange differences due to revaluation of
the balance of accounts derived from foreign currencies, accountants transfer
all interest of revaluated exchange differences, record :
Dr 413 – Exchange differences (4131)
Cr 515 – Revenues from financial activities
p) At the end of accounting period, transferring revenues
from financial activities to determine income statement, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 911 – “Income Summary”.
Article 81. Account 521 –
Revenue deductions
1. Accounting Principles
a) This account is used to record the deducted adjusted
amounts in revenue from sales and service provisions incurred in the period,
including: trade discounts, sales returns and allowances.
This account does not record the taxes deducted in revenue such as output VAT
payable under subtraction method.
b) The decrease adjustment of revenue shall be as follows:
– Trade discounts, sales returns and allowances incurred in the same
period of consumption of products, goods and services are adjusted a decrease
in revenue in the incurring period ;
– In case products, goods and services are sold from the
previous periods, until the next period are incurred trade discounts, sales
returns and allowances,
enterprises record a decrease in revenue under the principles:
If the products, goods or services are sold from the
previous period, until the next period must be discounted, discounted to trade,
returned but are incurred prior to the issuance of financial statements,
accountants consider this as an adjustment event occurring after the date of
balance sheet and record a decrease in revenue, on the financial statements of
the reporting period (the previous period).
In case products, goods and services must be discounted to
trade, returned after the release of financial statements, enterprises record a
decrease in revenue of incurring period (the next period).
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– In case the VAT invoice or bill of sale shows trade
discounts to buyers that are the deduction from the amount payable by the buyer
(the selling price recorded in the invoice is the price deducted trade
discount), enterprises (sellers) do not use this account, revenue from sales
price is recorded according to the price deducted trade discount (net revenue).
– Accountants must monitor separately the trade discounts
that enterprises pay to the buyer but have not yet been recorded as the
deduction from the amount payable on the bill. In this case, the seller records
the initial revenue at cost excluding trade discount (gross revenue). Trade
discounts that must be monitored separately on this account often arise in
cases :
The trade discount that buyers enjoy is higher than the
amount of sales recorded in invoice at the last time. This case may arise
because buyers must buy goods many times to be entitled to discounted goods
volume and the trade discounts shall only be determined in the final purchase;
Manufacturers at the end of period may determine the goods
volume consumed by distributors (such as supermarkets) which is a basis to
determine the trade discounts payable on sales or the number of products sold.
d) Sales allowance is the deduction to the buyer because
products, goods are bad, degraded or improper as prescribed in economic
contracts. The seller performs accounting for sale allowance according to the
following principles:
– In case the VAT invoice or bill of sale shows sales
allowances to buyers that are the deduction from the amount payable by the
buyer (the selling price recorded in the invoice is the discounted price),
enterprises (sellers) do not use this account, revenue from sales is recorded
according to the discounted price (net revenue).
– Only deductions due to approval of discount after sales(
recorded revenue) and issuing invoices (discounts outside invoice) due to bad
and degraded goods are recorded in this account…
dd) For sales returns, this account is used to record the
value of products, goods returned due to : Violation of commitment, violations
of economic contracts, bad, degraded , wrong category or improper goods.
e) Accountants must monitor in detail trade discounts, sales
returns and allowances for
each customer and each type of goods sold, such as: sales (products, goods),
service provisions. At the end of period, transferring all to account 511 –
“Revenues from sales and service provisions” to determine the net
revenue of products, goods and services actually earned in the reporting
period.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit side :
– Trade
discount accepted to settle for customers.
– Sales allowances agreed for buyers;
– Revenues sales returns of which buyers are refunded or
which are deducted from accounts receivable of customers about sold products,
goods volume
Credit side : At the end of account period, transferring the total trade
discount, sales allowance, revenues of sales returns to account 511 – “Revenue
from sales and service provisions” to determine net sales of the reported
period.
Account 521 – Revenue deductions do not have ending balance.
Account 521 comprises 3 sub-accounts
– Account 5211 – Trade discount: This account is used to record the
trade discounts for buyers who buy merchandises in great volume which have not
been recorded on the invoice when selling goods or providing service during the
period.
– Account 5212 – Sales returns: This account is used to record the
revenue of products, goods and services returned by the buyers during the
period.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3. Method of accounting for several major transactions
Recording trade discounts, sales allowances actually
incurred in the period, record:
– In case sales allowances, trade
discounts are subject to VAT under credit-invoice method, and enterprises pay
VAT under credit-invoice method, record :
Dr 521 – Revenue deductions (5211, 5213)
3331 – Payable VAT (reduced output VAT)
Cr 111,112,131,…
– In case sales allowances, trade discounts are not subject
to VAT or subject to VAT under subtraction method, then sales allowances for
buyers are recorded :
Dr 521 – Revenue deductions (5211, 5213)
Cr 111, 112, 131,…
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When enterprises receive products, goods returned,
accountants record costs price of sales returns
In case enterprises apply perpetual inventory method,
record:
Dr 154 – Unfinished production, business cost
Dr 155 – Finished goods
Dr 156 – Merchandises
Cr 632 – Cost of goods sold
In case enterprises apply periodical inventory method,
record:
Dr 611 – Purchases (for goods)
Dr 631 – Cost of production (for products)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Settlement for buyers of amounts of sales returns:
If products, goods are subject to VAT under credit-invoice
method and enterprises pay VAT under credit-invoice method, record:
Dr 531 – Sales returns (price net of VAT)
Dr 3331 – VAT payable (33311) (VAT of sales returns)
Cr 111, 112, 131,…
If product, goods are not subject to VAT or are
subject to VAT under subtraction method, amounts paid for buyer of sales
returns shall be recorded a:
Dr 5212 – Sales returns
Cr 111, 112, 131,…
– Expenses incurred in relation to sales returns (if any),
record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, 141, 334,…
c) At the end of the accounting period, transferring the
total revenue deductions in the period to account 511 – “Revenues from
sales and service provisions”, record :
Dr 511 – Turnover from sale and service provision
Cr 521 – Deductible turnovers.
Article 82. Accounting principles of
costs
1. Costs are amounts reducing economic benefits, recorded at
the time the transaction arises or shall be likely to arise in the future
regardless of spending money or not.
2. Recording costs even which have not been at maturity but
shall be likely to arise to ensure the principle of precaution and capital
preservation. Costs and revenues set up by it must be recorded simultaneously
on the principle of conformity. However, in some cases, conformity principles
may conflict with the precautionary principle in accounting, accountants must
be based on the nature and the accounting Standards to record transactions
honestly and reasonably.
3. Each business can only apply one of two methods of
inventory accounting: Perpetual inventory method or periodical inventory
method. When a business selects an accounting method, then this method must be
consistently applied at least in a financial year. In case business applies
periodical inventory method: At end of accounting period, business must carry
out inventory to determine value of goods stored at end of period.
4. Accountants must monitor details of expenses incurred in
accordance with factors, wages, raw materials, purchase cost, depreciation of
fixed assets…
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
6. For accounts recording the cost without balance, at the
end of the accounting period, accountants must transfer all expenses incurred
during the period to determine income.
Article 83. Account 611- Purchases
1. Accounting Principles
This account is used to record values of raw materials,
materials, instruments tools and goods which are purchased and used during the
period. Account 611 “Purchases” is only applied to businesses which apply
periodical inventory method.
b) Values of purchased row materials, instruments, tools,
and merchandises shall be recorded on Account 611 “Purchases” and carried out
by original price principle.
c) In case of accounting for stock under periodical
inventory method; Enterprises must carry out inventory at the end of accounting
period, to determine quantities and values of each kind of raw materials,
materials, goods, products, instruments and tools in store at end of accounting
period, to determine value of stock delivered for use and sold in period.
d) Method of accounting for stock under periodical inventory
method: When purchasing raw materials, materials, instruments, tools,
merchandises, accountants shall base on purchase invoices, transportation
bills, store order, import tax notice (or import duty receipt,…) to record
original price of goods purchased at Account 611 “Purchases”. When delivering
for use, or delivering for sales, goods are recorded just one time at end of
account period based on inventory results.
dd) Accountants must open detailed book to account original
prices of purchased stock in periods of raw materials, materials, instruments,
tools, merchandises.
2. Structure and contents of account
611 – Purchases
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Transferring original price of merchandises, raw
materials, materials, instruments and tools in store at beginning period
(According to inventory results).
– Original price of merchandises, raw materials, materials,
instruments, tools purchased during the period;
Credit side :
– Transferring original price of merchandises, raw materials,
materials, instruments and tools in store at the end of period. (According to
inventory results).
– Original price of merchandises, raw materials, materials,
instruments, tools dispatched for used during the period or original price of
goods delivered for sale (selling in period has not yet been determined);
– Original price of merchandises, raw materials, materials,
instruments, tools purchased returned to the seller or discounted.
Account 611 does not have ending balances.
Account 611 comprises 2 sub-accounts
– Account 6111 – Purchases of raw materials, materials: This account is
used to record values of raw materials, materials, instruments and tools
purchased and delivered for usage during account period and to transfer values
of raw materials, materials, instruments and tools which are in store at
beginning and at the end of account period.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3. Method of accounting for several
major transactions
For manufacturing business in industry,
agriculture, forestry, construction branches
– At beginning of account period, transferring values of raw
materials, materials, instrument and tools in store at beginning of period.
(According to physical inventory result at end of last period).
Dr 611 – Purchases (6111 – purchases of raw materials,
materials)
Cr 152 – Raw materials, materials
Cr 153 – Instruments, tools.
– When purchasing raw materials, materials, instruments and
tools, if input VAT is deducted, then original prices of raw materials,
materials, instruments, tools purchased will be recorded in Account 611 (net of
VAT), record:
Dr 611 – Purchases (price net of VAT)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 331 – Supplier payables (3311)
– When settling purchase money, if settlement discount is
earned, record
Dr 331 – Supplier payables
Cr 111,112,…
Cr 515 – Revenues from financial activities (settlement
discount)
– In case business purchases raw materials, materials,
instruments and tools which do not meet specifications, categories or quality
written in economic contract, or committed to return to sellers, or deducted in
price:
Basing on values of purchases returns to seller, record
Dr 111, 112 (If collecting cash)
Dr 331 – Supplier payables (Deducted from suppliers
payables)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 133 – Deductible VAT (1331) (if any)
If business accept allowances for lot of goods purchased,
allowances will be recorded a:
Dr 111, 112 (If collecting cash)
Dr 331 – Supplier payables (Deducted from suppliers
payables)
Cr 611 – Purchases (6111) (Accepted Allowance)
Cr 133 – Deductible VAT (if any)
– At end of account period, basing on physical inventory
result, accountants must determine real values of raw materials and materials
in store at end of period, and real values of raw materials, materials and tools
delivered for usage or for sales.
Transferring actual values of raw materials, materials in
store at end of period (According to inventory results), record :
Dr 152 – Raw materials, materials
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 611 – Purchases (611)
Actual values of raw materials, materials, instruments and
tools delivered for usage in production and trade in the period, record
Dr 621, 623, 627, 641, 642, 241,…
Cr 611 – Purchases (611)
Actual values of raw materials, materials, instruments and
tools wasted or lost, accountants will base on shortage and loss report to
record:
Dr 138 – Other receivables (1381)
Cr 611 – Purchases (611)
b) For business trading goods:
– At beginning of account period, transferring beginning
inventory, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 156 – Merchandises
– During the period, when purchasing goods which is eligible
for input VAT deduction, base on purchase invoices and documents :
Actual vale of purchases, record:
Dr 611 – Purchases (6112)
Dr 133 – Deductible VAT (1331) (if any)
Cr 111, 112, 141; or
Cr 331 – Supplier payable (Total settlement price)
Expenses purchases actually incurred, record :
Dr 611 – Purchases (6112)
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, 141, 331,…
When settlement made before deadline, if business receives
settlement discount on lot of goods purchased, record:
Dr 331 – Supplier payables ((Deducted from Account payable
for sellers)
Cr 111,112,…
Cr 515 – Revenues from financial
activities
Value of goods paid for sellers, record:
Dr 111, 112 (If collecting cash)
Dr 331 – Supplier payables ((Deducted from Account payable
for sellers)
Cr 611 – Purchases (6112) (Purchase returns to sellers)
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Sales allowances accepted by sellers because goods did not
meet proper quality, specifications written in contract, record:
Dr 111, 112 (If collecting cash)
Dr 331 – Supplier payables ((Deducted from Account payable
for sellers)
Cr 611 – Purchases (6112)
Cr 133 – Deductible VAT (1331) (if any)
– At end of account period, accountants base on physical
inventory results to determine value of inventory, value of goods consigned for
sales (but are not conclusively yet sold), value of goods determined to be
sold:
Transferring value of inventory and value of goods consumed
for sales at end of period, record
Dr 156 – Merchandises
Dr 157 – Goods consigned for sales
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Transferring cost of goods sold,
Dr 632 – Cost of goods sold
Cr 611 – Purchases (6112)
Article 84. Account 621- Direct
materials costs
1. Accounting Principles
This account is used to record costs of raw materials,
materials used directly for producing goods, rendering services in branches,
such as industry, construction, agriculture, forestry and fishery, traffic and
transportation, post and telecommunications, travel, and other services.
b) Only accounting in Account 621
costs of raw materials, materials (include both raw materials, main materials
and subsidiary materials) used directly to manufacture products, render
services during the production and trade cycle. Costs of raw materials,
materials must be computed in actual delivered price for usage.
c) During account period, accountants carry out recording,
collecting costs of raw materials, direct materials in Dr 621 “Direct material
costs” classified as various users, result from direct usage of these raw
materials, materials (If raw materials, materials used for process producing
products, rendering services can be determined specifically for each user), or
as summarized costs for process manufacturing products and rendering services.
(If raw materials, materials, used for process producing goods and rendering
services, can’t be specified for each user).
d) At end of account period, transferring (if raw materials,
materials can be grouped specifically for each separate objects), or carrying
out allocating and transferring costs of raw materials, materials (If can’t be
grouped specifically for each separate objects) into Account 154, served for
calculation of actual costs of products, services during account period. When
allocating value of raw materials, materials to costs of products, business
must use reasonable grouping characteristics such as usage rate,…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
e) The cost of raw materials, direct materials beyond normal
levels is not included in the cost of products and services but must be
transferred immediately to account 632 “Cost of goods sold”.
2. Structure and contents of account 621 – Direct materials
cost
Debit side : Actual value of raw materials, materials delivered for
directly usage in manufacturing activity of products, or rendering services
during account period.
Credit side :
– Transferring value of raw materials, materials actually
used for production and trade during the period to Account 154 “work in
process” or to Account 631 “costs of production”, and transferring in details
to separate objects to compute cost of products, services.
– Transferring cost of direct materials in excess over
normal level to Account 632 – “Cost of goods sold”.
– Value of direct materials which is redundant will be
restored to warehouse.
Account 621 does not have ending balances.
3. Method of accounting for several major transactions
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 621 – Direct materials costs
Cr 152 – Raw materials, materials
b) In case raw materials, materials are
used directly (not stored) for manufacturing products or rendering services and
VAT is deductible, record:
Dr 621 – Direct materials costs
Dr 133 – Deductible VAT
Cr 331, 141, 111, 112,…
c) In case value of raw materials, materials delivered for
use is redundant from manufacturing products or rendering final services, and
these redundant materials are restored, record:
Dr 152 – Raw materials, materials
Cr 621 – Direct materials costs
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Cost of goods sold
Cr 621 – Direct materials costs
e) For the cost of materials used
generally for business cooperation contract
– – When incurring costs
of materials generally used for business cooperation contracts, based on
invoices and related documents, record:
Dr 621 – Direct materials costs ( details of each contract)
Dr 133 – Deductible VAT
Cr 111, 112, 331…
– Periodically, accountants establish general cost
allocation Statement (with the confirmation of the parties) and deliver VAT
invoices to allocate the cost of materials used generally for business
cooperation contract for the parties, record :
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 621 – Direct materials costs
Cr 3331 – payable VAT
In case of distribution of costs without VAT invoices,
accountant record a decrease of input VAT by recording Cr 133 – deductible VAT.
g) At end of account period, accountants base on table of
material allocation computed for every object using raw materials, materials
(Factories, types of products, projects, construction sections of construction
activity, types of services,…) under direct method or allocating methods,
record :
Dr 154 – unfinished production, business cost
Dr 631 – Costs of production (periodical inventory method)
Dr 631 – Cost of goods sold (part in excess over normal
level)
Cr 621 – Direct materials costs
Article 85. Account 622 – Direct
labor cost
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This account is used to record costs of direct labor
participating in activities of manufacturing and trading in industry,
construction, agriculture, forestry and fishery, services (traffic and
transportation, posts and telecommunications, hotel, travel, consulting…)
Costs of direct labor consists of accounts payables for
laborers who belong to business employees list, directly manufacturing
products, supply services and cost of out soured laborers in various type of
works, such as: salary, wage, subsidiaries, appropriation from salary (social
insurance, medical insurance, labor union fees, unemployment insurance).
b) Salaries and wages payables and subsidiaries for factory
employees, managerial employees, of business, management, sales employees shall
not accounted to this account.
c) Construction activity, salary, wage, supplement of
salaries payables for workers who directly manage trucks, machinery, serve,
machinery operation, appropriation of social insurance, medical insurance, fees
of labor union computed on salary fund payables to direct workers of
construction activity, handling of machinery, serving machinery, factory
employees shall not be accounted to this account.
d) Account 622 must be opened in
details for costs objects of manufacturing and trading.
dd) Part of costs: of direct labors in excess of normal
level is not added to costs of products, services, but must be posted directly
to Account 632 “Cost of goods sold”
2. Structure and contents of account 622 – Direct materials
cost
Debit side : Costs of direct labors participating in process of
manufacturing products, and rendering services, in clued: salaries, wages and
appropriation of salaries, wages as regulated in the period.
Credit side :
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Transferring costs of direct labor in excess of normal
level to Account 632.
Account 622 does not have ending balances.
3. Method of accounting for several major transactions
Basing on payroll to record amounts of salaries, wages and
other payables for direct labors that produce products, render services
Dr 622 – Direct labor cost
Cr 334 – Wages payable
b) Computing, extracting social insurance, medical
insurance, budget of labor union, unemployment insurance, support (such as life
insurance, voluntary pension insurance…)
of workers directly manufacturing products, render services (Amounts added to
business expenses payables) computed on salaries, wages payables as regulated,
record:
Dr 622 – Direct labor cost.
Cr 338 – Other payables (3382, 3383, 3384, 3386).
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 622 – Direct labor cost
Cr 335 – Accrued expenses
d) When production workers are actually in leave, accountants
record amounts payables leave salary of production workers, record:
Dr 335 – Accrued expenses
Cr 334 – Wages payable
dd) For the cost of labor used generally
for business cooperation contract
– When incurring labor costs generally used for business
cooperation contracts, based on invoices and related documents, record :
Dr 622 – direct labor cost (detail for each contract)
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Periodically, accountants establish general cost
allocation Statement (with the confirmation of the parties) and deliver VAT
invoices to allocate the cost of labor used generally for business cooperation
contract for the parties, record :
Dr 138 – Other receivables (details for each partner)
Cr 622 – Direct labor cost
Cr 3331 – payable VAT
In case of distribution of costs without
VAT invoices, accountant record a decrease of input VAT by recording Cr 133 –
deductible VAT.
e) At the end of accounting period, allocating and
transferring costs of direct labors to Debit of Account 154, to Debit of
Account 631, according to costs objects, record:
Dr 154 –Work in process, or
Dr 631 – Costs of production (periodical inventory method)
Dr 631 – Cost of goods sold (part in excess over normal
level)
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Article 86. Account 623 – Costs of
operating machinery
1. Accounting Principles
This account is used to record the
collecting and allocating costs of trucks and machinery operations directly for
construction activity. In case business carry out construction of works by
mixed method of which include manual and machinery operations.
b) In case business carries out construction of works
completely by machinery, then Account 623 “ costs of operating machinery” shall
not be used, but total direct costs of construction shall be posted to Accounts
621, 622, 627.
c) Not accounting to Account 623 appropriation of social
insurance, medical insurance, labor union fees, unemployment insurance computed
on salary payables for workers handling trucks and machinery in operation. Part
of machinery costs in excess of normal level is not added to costs of
construction, but posted directly Account 632.
2. Structure and contents of account 623 – Costs of
operating machinery
Debit side : Costs related to machinery operations (costs of materials
for machinery operations, costs of salary and supplement to salary, wages of
workers who handle machinery, costs of maintenance or repairing trucks and
machinery in operations…). Costs of materials, costs of other services for
operating trucks, machinery.
Credit side :
– Transferring costs of operating truck and machinery to Dr
154 “Work in process”.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Account 623 does not have ending balances.
Account 623 – Costs of operating machinery comprises 6 sub – accounts:
– Account 6231 – Costs of labor: Used to record main salaries and
extra wages, supplement of wages payables for direct workers handling truck,
machinery, serving machinery operation, such as: transportation, supplying
fuel, materials, … for truck and machinery operation.
This account do not record appropriation of social
insurance, medical insurance, labor union fees according to current
regulations, which computed on salaries of workers handling truck and
machinery. These appropriations are recorded on Account 627 “ general
production costs”.
– Account 6232 – Costs of materials: Used to record fuels (petrol,
oil,…), other materials used for operating truck and machinery.
–
– Account 6233 – Costs of
production tools: Used to record instruments, tools relating to operations
of truck and machinery.
– Account 6234 – Costs of depreciating machinery in
operation: Used to
record depreciation of truck and machinery in constructing works.
– Account 6237 – Costs of outsourced services: Used to record outsourced services
such as repairing truck and machinery, insurance fees of truck and machinery;
water and electricity, fixed asset rent, charges for subcontractors…
– Account 6238 – Other cash expenses: Used to record explicit costs
serving the operation of truck and machinery.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Accounting truck and machinery operation costs which depend
on types of machinery operation machinery fleet specialized in performing work
volumes by machinery or assigning operation machinery for construction team or
enterprise:
If organizing separate operating truck and machinery fleet
that is account gearing and has separate accounting unit then accounting will
be carried out as follows.
– Accounting charges related to operation of truck and
machinery, record :
Dr 621, 622, 627
Cr 111, 112, 152, 331, 334, 214,…
– Accounting costs of operating truck and machinery and
calculating the price of cases of truck and machinery at Account 154 “Work in
process” based on mortgage costs of machinery cases (Actual cost price or
internal contract price) supplied for construction objects (construction,
construction section); according to organizing manner of accounting work and
relation between fleet of operating truck and machinery and construction unit.
If business perform work by manner of supplying truck and
machinery among internal departments, record:
Dr 623 – Costs of operating machinery (6238 – other cash
expenses)
Cr 154 – Work in process.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 623 – Costs of operating machinery (6238 – other cash
expenses)
Dr 133 – Deductible VAT (1331) (if any)
Cr 333 – Taxes and payables for state (33311) ( VAT payable
computed on internal selling price of cases of truck and machinery services)
Cr 511 – Turnover from sale and service provision (details
provided in the internal services).
b) If business has not separate truck and machinery fleet or
has the fleet, but has not account team for the fleet, then total costs of
operating truck and machinery (including permanent costs and temporary costs,
such as supplement of salary, mobile supplement of operating truck and
machinery) will be handled by accounting as follows:
– Basing on salaries, wages and other payables for workers
operating and serving truck and machinery operation, record:
Dr 623 – Costs of operating machinery (6231 – Costs of
labor)
Cr 334 – Wages payable
– When delivering materials, instruments, tools used for
truck and machinery contract in the period, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 152,153.
– In case purchasing materials, instruments for direct use
(not stored) for truck and machinery operation in the period, record :
Dr 623 – Costs of operating machinery (6232)
Dr 133 – Deductible VAT (1331) (of any)
Cr 331, 111, 112,…
– Depreciating truck and machinery operated by truck and
machinery fleet, record:
Dr 623 – Costs of operating machinery (6234 – Depreciation
cost of operating machinery)
Cr 214 – Depreciation of fixed assets
– Incurred costs of outsourced services (Repairing truck and
machinery, water and electricity, fixed assets rent, charges for subs
contractors,…), record :
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (1331) (of any)
Cr 111, 112, 331,…
– Incurred cash expenses, record :
Dr 623 – Costs of operating machinery (6238 – other cash
expenses)
Dr 133 – Deductible VAT (1331) (if eligible for VAT
deduction)
Cr 111,112,…
– Basing on allocating table of using truck and machinery
(actual cost of truck or machinery shift computed for each construction,
construction section, record:
Dr 154 – Work in process (cost item of
machinery operation)
Dr 632 – Cost of goods sold (part in
excess over normal level)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Article 87. Account 627 –
Manufacturing
overhead costs
1. Accounting Principles
This account is used to record costs for production, and
trading incurred in factories, departments, teams, constructions, served
manufacturing productions, rendering services, including: Salaries of
managerial employees in factories, departments, and teams, depreciation of
fixed assets used directly to produce, appropriation of social insurance, medical
insurance, labor union fees, unemployment insurance calculated as percentage of
salaries payables for employees in factories, departments, production teams,
costs directly related to other factories ;
b) Activities of construction business, appropriation of
social insurance, medical insurance, labor union fees are also calculated on
wages of direct workers in construction, employees operating machinery and
managerial employees of teams (belong to labor list of business), depreciation
of fixed assets in factory, production departments; can be capitalized it will
be added to value of assets which are in process of production; costs of
repairing and warranty of construction, and other costs related to activities
of factories, departments, production teams and groups.
c) Account 627 is only used in manufacturing business of
industry, agriculture, forestry and fishery sections, capital construction,
traffic and transportation, post, tourism and services industries.
d) Account 627 is recorded by detailed accounting for every
factory, department, team and group of production
dd) manufacturing overhead costs recorded on account
627 must be accounted for in detail under two categories: Fixed overhead and
variable overhead, in which:
– Fixed manufacturing overhead expenses are indirect
production costs, usually do not depend on volume of products, such as costs of
maintenance machinery and equipment, plants…, and General administration
expenses in factories, departments, production teams and groups.
Fixed manufacturing overhead expenses are allocated in
manufacturing costs of each unit of production, it is based on normal capacity
of machinery normal capacity is volume of products achieved averagely in normal
conditions of production.
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
In case actual volume of products is lower than that of
normal capacity, then fixed overhead will be allocated to manufacturing costs
for each unit of product in normal capacity. Unallocated part of costs will be
recorded in cost of goods sold in the period.
– Variable manufacturing overhead cost is indirect
production costs usually directly or almost directly volume of product units,
such as costs of raw materials, indirect materials, indirect labor costs.
Variable manufacturing overhead are allocated to tally to manufacturing costs
of each product unit according to actually incurred costs.
e) In case a production process induce many types of costs
during the same period, and manufacturing overhead cost of each type of product
can’t be recorded separately, then overhead will be allocated to these types of
costs under grouping characteristics appropriately and consistently among
account periods.
g) At end of period, accountants
calculate and allocate, transfer manufacturing overhead cost to Dr 154 “Work in
process” or at Dr 631 “Cost of production”.
h) Account 627 is not used for commercial business
activities.
2. Structure and contents of account 627 – Manufacturing overhead cost
Debit side : Manufacturing overhead costs incurred in the period
Credit side :
– Decreases in factory overhead cost;
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Transferring manufacturing overhead cost to Dr 154 “Work
in process” or Dr 631 “Cost of production”.
Account 627 does not have ending balances.
Account 627 – Manufacturing overhead cost, comprises 6 sub –
accounts:
– Account 6271 – Costs of factory
employees: Record salaries, allowances to salary payables for
managerial employees in factories, production department, expenses of
intershift meals of factory managerial employees, production department,
appropriation of social insurance, medical insurance, labor union fees,
unemployment insurance calculated with current stipulations on salary payables
for employees in factory, department, team and group of production.
– Account 6272 – Cost of materials: Record cost of materials delivered
for factories, such as materials used for repair, maintenance fixed assets,
instruments, tools managed and used by factories, costs of temporary goods
shed.
– Account 6273 – Cost of production tools: Record cost of instrument, tools
delivered for use in management activity of factory, department, team and group
of production,…
– Account 6274 – Depreciation costs of fixed assets: Record depreciation expenses of
fixed assets used for manufacturing products and rendering services, and fixed
assets used in common for activities of factory, department, team and group of
production.
– – Account
6277 – Costs of outsourced services: record costs of outsourced services for activities in
production factory, such as: cost of repair, outsourcing, water and
electricity, telephone, fixed asset rent, charges paid for subcontractors (for
construction business).
– Account 6278 – Other cash expenses: Record other cash expenses beside
costs listed above, serving activities of factories) department, team and group
of production.
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
When calculating salaries, wages, subsidiaries payables for
employees in factory, inter shift meal costs of managerial employees in factory,
department, team and group of production.
Dr 627 – Manufacturing overhead cost (6271)
Cr 334 – Wages payable
b) When appropriations of social insurance, medical
insurance, labor union fees, unemployment insurance, support for workers (life
insurance, voluntary pension insurance) which are calculated with stipulated
rate on salary payables for employees in factory, production department.
Dr 627 – Manufacturing overhead cost (6271)
Cr 338 – Other payables (3382, 3383, 3384, 3386).
c) Cost Accounting of raw materials, materials delivered for
use in factory (in case business implements perpetual inventory method).
– When delivering materials used in common for factories,
such as repairing, maintenance of fixed assets used in administrating
activities of factory, record:
Dr 627 – Manufacturing overhead cost (6272)
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When delivering instruments, tools for production with
small total value used for factory, departments, team and group of production,
accountants will base on delivery order, record :
Dr 627 – Manufacturing overhead cost (6273)
Cr 153 – Instruments, tools.
– When delivering instruments, tools for production with
great total value used for factory, departments, team and group of production,
this value must be allocated, record :
Dr 242 – Prepaid expenses
Cr 153 – Instruments, tools.
– When allocating value of instrument, tools to overhead
costs, record:
Dr 627 – Manufacturing overhead cost (6273)
Cr 242 – Prepaid expenses
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 627 – Manufacturing overhead cost (6274)
Cr 214 – Depreciation of fixed assets
dd) Water and electricity, telephone expenses belong to
factory, department, team and group of production, record:
Dr 627 – Manufacturing overhead cost (6278)
Dr 133 – Deductible VAT (1331) (if eligible for VAT
deduction)
Cr 111, 112, 331,…
e) In case applying advance charge method or deferred
expenses method or deferred expenses method for amounts paid for great repair
of fixed assets in factory, which are charged overhead cost:
– When great repair expenses of fixed assets are actually
incurred, record:
Dr 2413 – Great repair of fixed assets
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 331, 111, 112,…
– When great repair of fixed assets is finished, record:
Dr 242, 352
Cr 2413 – Great repair of fixed assets
– When great advance appropriation or deferred expenses of
fixed assets repair is made, record:
Dr 627 – Manufacturing overhead cost (6273)
Cr 352,242.
g) In case business having fixed assed for operating lease,
when costs incurred relating to fixed assets which are operating leased:
– When initial direct costs incurred
relating to operating lease, record :
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT ( if any)
Cr 111, 112, 331,…
– Periodic calculation and depreciating of fixed asset which
is operating leased to operating cost, record:
Dr 627 – Manufacturing overhead cost
Cr 214 – Depreciation of fixed assets (Depreciation of fixed
assets for lease).
h) In construction business, when determining provision for
payables of warranty of construction works, record:
Dr 627 – Manufacturing overhead cost
Cr 352 – Provision for payables
– When incurring costs of repair and warranty of construction
works, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, 152, 214, 334,…
– At end of period, close out costs of repair and warranty
of construction works, record:
Dr 154 – unfinished production, business cost
Cr 621, 622, 623, 627.
– When repair and warranty of construction works are
finished, record :
Dr 352 – Provision for payables
Cr 154 – Work in process.
i) At end of accounting period, determining interests
payables or interests already paid capitalized into unfinished manufacturing
assets when paying interests, record :
Cr 627 – Manufacturing overhead cost (unfinished
manufacturing assets)
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 242- Prepaid expenses ( if interest is prepaid)
Cr 335 – Expenses payable ( interest payable)
Cr 343 – Bonds issued (cost of issuing bonds and the
difference between the interest of bonds payable calculated at a real interest
rate higher than the interest payable calculated at nominal rates recorded an
increase in the original bond ).
k) If incurring decreases in manufacturing overhead cost,
record :
Dr 111, 112, 138,…
Cr 627 – Manufacturing overhead cost
l) For manufacturing overhead cost used
generally for business cooperation contract
– When incurring manufacturing overhead costs
generally used for business cooperation contracts, based on invoices and
related documents, record:
Dr 627 – Manufacturing overhead costs ( details for each
contract)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, 331…
– Periodically, accountants establish general cost
allocation Statement (with the confirmation of the parties) and deliver VAT
invoices to allocate the manufacturing overhead cost used generally for
business cooperation contract for the parties, record :
Dr 138 – Other receivables (details for each partner)
Cr 627 – Manufacturing overhead cost
Cr 3331 – payable VAT
In case of distribution of costs without
VAT invoices, accountant record a decrease of input VAT by recording Cr 133 –
deductible VAT.
m) At end of account period, table of manufacturing overhead
cost allocation will be based to transfer or allocate overhead cost to related
accounts for each products, group of products, services with proper grouping
characteristic:
– In case business applies perpetual inventory method when
closing out overhead cost at end of period, record:
Dr 154 – unfinished production, business cost
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 627 – Manufacturing overhead cost
– In case business applies perpetual inventory method when
closing out overhead cost at end of period, record:
Dr 631 – Cost of production
Dr 632 – Cost of goods sold (fixed
manufacturing overhead cost not unallocated)
Cr 627 – Manufacturing overhead cost
Article 88. Account 631- Cost of
production
1. Accounting Principles
This account is used to record costs summary of production
and calculating cost price of products, services of production units in
industry agriculture, forestry sectors, and business units of transportation,
posts, tourism and hotel services…, in case business applies periodical
inventory method
b) This account is not used in businesses applying perpetual
inventory method
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Costs of raw materials, direct materials;
– Direct labor cost;
– Costs of operating machinery (in case of contraction
business)
– Manufacturing overhead cost
d) Not accounting at Account 631 these types of expenses:
– Selling expenses ;
– General administration expenses;
– Financial costs ;
– Other expenses;
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
dd) Costs of Department of production and trade supporting
for production and business, costs price of goods, raw materials, materials and
costs of outsourcing and manufacturing (outsourcing, or self processing and
manufacturing) will also be recorded in Account 631.
e) Account 631 “Cost of production” must be applied of
detail accounting in periods of cost drivers (factory, term or group of
production…), in periods of types, groups of products, services.
g) In Agriculture industry, actual cost price of product
will be determined at end of season or at year-end cost price of product
harvested in a year will be determined in that year, that is, if costs incurred
in this year but products will be harvested in next year, then cost price will
be determined in the next year.
– In plantation sector, costs must be applied of detailed
accounting for three types of trees:
Short – term tree ;
One – time crops with many-time harvests ;
Perennial tree.
Trees which are cultivated 2, 3 crops during a year, or
cultivated in this year but will be harvested in next year, or crops having
both new planting area, and cultivated area in the same year, then accountants
must base on actual situation to record, record clearly and separately costs of
each crops, of each area, costs of last year, current year and the next year.
Not recorded at Account 631 “Cost of production items such as costs of new
cultivation and cultivating long-term tree during period of capital
construction.
Type of costs relating to many accounting objects, or
relating to many crops, many periods, then these costs must be observed in
details, and then allocating to cost price of each related product, such as:
Costs of irrigation and draining, costs of preparing farmland and cultivation
in the first year of one-time cultivated, many-time harvest trees (this cost is
not belong to capital construction).
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Perennial trees: Works from preparing land, planting,
cultivating to the time harvesting products – will be considered as capital
investment process to form fixed assets, and costs of these works are collected
at Account 241 “Construction in progress”.
– Detailed accounting must be implemented for each breeding
branches (cattle, pigs…), for each group or each type of domestic animals,
poultry. And reproduce animal which transferred to big domestic animals will be
applied accounting of salvage vale at Account 631 “Cost of production”.
h) Account 631 “Cost of production” applying to
transportation industry must be applied costs accounting in periods of
activities (Transporting passengers, goods,…). In process of transportation,
tyres are depreciated with faster rate than that of car, so tyres must be
replaced many times, but value of replaced tyres are not computed to
transportation costs immediately when replacing, but this values will be
advance appropriated or deferred in costs of production and trade in the
period.
In hotel industry, accounting of account 631 must be
observed in details in periods of activities, such as: meals services, room
services, entertainment services, other services (washing and ironing, hair
cut, telegraph, massage…).
2. Structure and content of account 631 – Cost of production
Debit side :
– Beginning costs of work in process;
– Manufacturing costs actually generated during period
Credit side :
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Costs of ending work in process transferred to Account 154
“Work in process”.
Account 631 does not have ending balances.
3. Method of accounting for several major transactions:
Transferring costs of production, trading, costs of
unfinished services at beginning of period at Dr 631 “Costs of production”,
record:
Dr 631 – Cost of production
Cr 154 – Work in process.
b) At end of account period, posting costs of raw materials,
direct materials to account “costs of production, record :
Dr 631 – Cost of production
Cr 621 – Direct materials costs
…
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 631 – Cost of production
Cr 622 – Direct labor cost.
d) At end of period, calculating and posting overhead cost
to Acc “Costs of production” in periods of type of productions, labors,
services, record:
Dr 631 – Cost of production
Dr 632 – Cost of goods sold (fixed manufacturing overhead
cost is not unallocated)
Cr 627 – Manufacturing overhead cost
dd) At end of accounting period, carrying out inventory and
determining value of unfinished goods Inventory and services at end of period,
record:
Dr 154 – unfinished production, business cost
Cr 631 – Cost of production
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Cost of goods sold
Cr 631 – Cost of production
Article 89. Account 632 – Cost of
goods sold
1. Accounting Principles
This account is used to record cost of goods, products,
services, investment property, costs of production of construction products
(for construction business which are sold during the period. Furthermore, this
account is also used to record costs relating to business of investment
property, such as: depreciation expenses, costs of production, costs of
investment property operation under operating lease method (in case costs cure
is not great), costs of transfer, liquidating investment property.
b) If the enterprise is the owner of real estate business
investment, when not summarizing complete records, documents of expenses
directly related to the real estate investment, construction, which have been
incurred in turnover of sale of real estate, enterprise may advance a part of
the cost to calculate cost price of goods sold. When the full set of records,
documents is summarized or when real estate is totally completed, the
enterprise must settle the costs advanced from the cost price of goods sold.
The difference between the cost advanced higher than actual costs incurred is
adjusted as decrease the cost price of goods sold of the settlement period.
Advancing cost to calculate the price cost of real estate must comply with the
following principles:
– Enterprise shall only advance from the cost price of goods
sold for costs which have been in estimates of investment, construction, but
have not had enough dossiers and documents for volume acceptance and shall
explain in detail the reasons, contents of accrued expense for each work item
during the period.
– Enterprise shall only advance cost to calculate the cost
price of goods sold for real estate that is completed, determined to be sold in
period and meet all revenue recording criteria.
– The accrued expenses temporarily calculated and actual
expenses incurred recorded in cost price of goods sold corresponding to the
norm of cost price calculated on total cost estimate of the real estate
determined to be sold (determined by area).
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) When selling products, goods associated with equipment,
spare parts, the value of equipment and spare parts is recorded in the cost
price of goods sold .
dd) For the value of inventory lost, accountants must
account immediately into the cost price of goods sold (after deducting
compensation, if any).
e) For the cost of direct materials consumed in excess of
normal level, labor costs, fixed manufacturing overhead costs not allocated to
the value of products in stock, accountants must account into the cost price of
goods sold (after deducting compensation, if any) even if products, goods have
not been determined to be consumed.
g) The import tax, special excise tax, environmental
protection tax calculated to the value of goods purchased when delivering goods
for sale but such taxes are refunded shall be recorded a decrease of the cost
price of goods sold.
h) Costs that are not considered as business income tax
expense under the provisions of the tax Law but have full invoices and have
accounted in accordance with accounting policy shall not be recorded a decrease
in accounting costs but only adjusted in final business income tax declaration
to increase the business income tax payable.
2. Structure and contents of account 632 – Cost of goods
sold
In case business applies perpetual inventory method.
Debit side :
– For activities of production and trade, this account
records:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Costs of raw materials, materials, part
of labor costs in excess of normal level, and fixed overhead cost unallocated
and added to costs of goods during the period.
Waste, loss of inventory after excluding compensation
received from responsible individuals.
Costs of building, of business’ own made fixed assets in
excess of normal level, which are not added to prime cost of firm’s own made
tangible fixed assets.
Provision for devaluation in inventory
value (difference between allowances for decrease in inventory value planned
for this year and redundancies of allowances planned for last year)
– For activities of invested business real estate, this account
records:
Depreciation of investment real property for lease in the
period;
Costs of upgrading, improving investment property which is
not eligible to be charged to prime cost of investment property.
Costs incurred from operation of investment property lease
in period;
Net book values of investment property liquidated in period;
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
accrued expense for real estate
determined to be sold
Credit side :
– Transferring cost price of products, goods, services sold
during period to account 911 “Income Summary’’
– Transferring total costs of investment property business
incurred in period to determine trading results.
– Remission of provision for devaluation in inventory value
at fiscal year-end (negative difference between provision planned for this year
and that of last year)
– Sales returns to be stored
– Remission of accrued expense for real estate determined to
be sold (the difference between the accrued expenses higher than actual costs
incurred).
– Trade discounts, sales allowance received after purchasing
consumed goods.
– The import tax, special excise tax, environmental
protection tax calculated to the value of goods purchased when delivering goods
for sale but such taxes are refunded.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
In case business applying periodical inventory method.
For commercial business:
Debit side :
– Cost
of goods sold in period
– Provision for decrease in inventory value (positive difference
between provision planned for this year and that of last year).
Credit side :
– Transferring costs price of goods consigned for sales but
not yet sold definitely.
– Remission of provision for inventory decrease at fiscal
year-end (negative difference between provision for this year and that of last
year);
– Closing out cost price of goods delivered to Dr 911
“Income Summary.”
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Debit side :
– Costs price of beginning inventory of finished goods
Inventory;
– Provision for inventory devaluation (positive difference
between provision planned for this year and the provision planned for last
year).
– Costs price of finished goods inventory have been stored
and services have been implemented.
Credit side:
– Transferring costs price of ending inventory of finished
goods to Dr 155 “Finished goods”;
– Remission of provision for inventory devaluation at fiscal
year-end (negative difference between provision for this year and that of last
year);
– Transferring costs price of finished goods delivered for
sales, services determined to be sold in period to Dr 911 “Income Summary”.
Account 632 does not have ending balances.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
For business applying perpetual inventory method
When delivering products, goods for sales (including
products used for equipment, spare parts associated products, goods) and
implementing of services that have been determined to be sold in period,
record:
Dr 632 – Cost of goods sold
Cr 154, 155, 156, 157,…
b) Recording costs items applied direct accounting to cost
of goods sold:
– In case actual product capacity is lower than normal
capacity, then accountants must calculate to determine fixed overhead cost, to
allocate to processing cost for each unit of product at normal capacity.
Unallocated part of fixed overhead cost (positive difference between total
actual fixed overhead cost and fixed overhead cost changed to costs price) will
be recorded to cost of goods sold in period, record:
Dr 632 – Cost of goods sold
Cr 154 – Work in process, or
Cr 627 – Manufacturing overhead cost
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Cost of goods sold
Cr 152, 153, 156, 138 (1381),…
– Recording costs of own made fixed assets in excess of
normal cost level, which is not charged to prime cost of finished tangible
fixed assets, record:
Dr 632 – Cost of goods sold
Cr 241 – Construction in progress
c) Appropriation accounting, or remission of provision for
inventory devaluation
– In case provision for inventory devaluation in this period
is bigger than that of last period, the difference will be appropriated
additionally, record:
Dr 632 – Cost of goods sold
Cr 229 – Provision for asset losses (2294).
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 229 – Provision for asset losses (2294).
Cr 632 – Cost of goods sold
d) Economic transactions relating to investment real property
business:
– Periodic calculation and depreciation of investment
property being operating leased, record :
Dr 632 – Cost of goods sold (detailed costs of investment
real property business)
Cr 2147 – Accumulated depreciation of investment real
property.
– When having incurred costs relating to investment real
property which initially recorded, but is not eligible for record an increase
in value of investment real property, record:
Dr 632 – Cost of goods sold (detailed costs of investment
real property business) Dr 242 – Prepaid expenses (if it is deferred expenses)
Cr 1111, 112, 152, 153, 334,…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Cost of goods sold (detailed costs of investment
property business)
Cr 111, 112, 331, 334,…
– –
Accounting for decrease in costs, depreciation value of investment real
property (if any) resulting from liquidation, record:
Dr 214 – Accumulated depreciation (2147 – depreciation of
investment real property)
Dr 632 – Cost of goods sold (Net book value of investment
real property)
Cr 217 – Investment real property ( Cost)
– Incurred expenses of selling, liquidating investment real
property, record:
Dr 632 – Cost of goods sold (detailed costs of investment
property business)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112, 331,…
dd) Accounting method of accrued expense to calculate the
cost price of real estate determined to be sold to enterprises being investors
:
– When advancing costs to temporarily calculate the cost
price of sold real estate in the period, record:
Dr 632 – Cost of goods sold
Cr 335 – Accrued expenses
– The incurred actual capital investment costs that have
enough documents and accepted to calculate the cost of capital investment of
real estate, record :
Dr 154 – unfinished production, business cost
Dr 133 – Deductible VAT
Cr related accounts.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 335 – Accrued expenses
Cr 154 – Work in process.
– When the entire project of real estate completes,
accountants must settle and record a decrease the balance of the remaining
accrued expense, record :
Dr 335 – Accrued expenses
Cr 154 – Work in process.
Cr 632 – Cost price of goods sold (the difference between
the remaining accrued expense higher than actual costs incurred).
e) If the product produced is transferred to fixed assets
for use, record :
Dr 211 – Tangible fixed assets
Cr 154 – Work in process.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 155,156
Cr 632 – Cost of goods sold
h) In case of receiving trade discounts or sales allowances
after purchasing goods, accountants must base on changes of the inventory for
the allocation of trade discounts, sales allowances enjoyed based on unsold
inventory, the delivered goods for the capital investment or goods determined
to be consumed in the period:
Dr 111, 112, 331…
Cr 152, 153, 154, 155, 156 (value of trade discounts, sales
allowances of unsold inventory in the period)
Cr 241 – Fundamental construction in progress (the value of
trade discounts, sales allowances of inventory delivered for capital
investment )
Cr 632 – cost price of goods sold (value of trade discounts,
sales allowances of sold inventory in the period)
k) Transferring cost price of goods sold of products, goods,
investment real property, services determined to be sold during period at Dr
911 “Income summary”, record:
Dr 911 – “Income Summary”.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
For business applying periodic inventory method:
For commercial business:
– At end of period, determining and closing out costs price
of goods delivered for sales and identified as being sold, record:
Dr 632 – Cost of goods sold
Cr 611 – Purchases.
– At end of period, transferring costs price of goods
delivered for sales and identified as being sold, at Dr 911 – “Income summary”,
record
Dr 911 – “Income Summary”.
Cr 632 – Cost of goods sold
b) For operating business :
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 632 – Cost of goods sold
Cr 155 – Finished goods
– At beginning of period, closing out costs price of
Finished goods Inventory services delivered for sales but not yet identified to
be sold at account 632 “Cost of goods sold”, record:
Dr 632 – Cost of goods sold
Cr 157 – Goods consigned for sales.
– Costs price of finished goods Inventory stored, of
accomplished services, shall be recorded a:
Dr 632 – Cost of goods sold
Cr 631 – Cost of product.
– At the end of period, transferring cost of ending
inventory products at Dr 155 “Finished goods Inventory”, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 632 – Cost of goods sold
– At the end of period, determining values of Finished goods
Inventory, of accomplished services consigned for sales but not yet identified
to be sold, record:
Dr 157 – Goods consigned for sales
Cr 632 – Cost of goods sold
– At the end of period, closing out costs of Finished goods
Inventory, of services identified to be sold during period at Dr 911 “Income
summary”, record :
Dr 911 – “Income Summary”.
Cr 632 – Cost of goods sold
Article 90. Account 635 – Financial
costs
1. Accounting Principles
…
…
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) Account 635 must be applied of
detail accounting for each item of expenses. Not accounting on account 635
these types of expenses:
– Costs of manufacturing products,
rendering services
– Selling expenses ;
– General administration expenses;
– Operating costs of real estate;
– Capital investment expenses;
– Expenses covered by other source
of fund;
– Other financial expenses.
c) Cost of issuing bonds is gradually allocated in
accordance with the bond maturity and is recorded in the financial cost if the
bonds are issued for purposes of ordinary production, business.
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
dd) If the preference shares are classified as liabilities,
such preference dividends are essential loan interest and must be recorded in
the financial expenses.
2. Structure and contents of account 635 – Financial costs
Debit side :
– Interests expenses of loan, of credit purchases, of
financial lease;
– Losses from selling foreign currency;
– Discounts for buyers;
– Losses from liquidating, transferring investments;
– Loss on exchange rates incurred in period; Losses on
exchange rates revaluated at fiscal year-end of accounts derived from foreign
currencies;
– Provision for decreases in business security price,
provision for loss from investment in other units;
…
…
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit side :
– Return of provision for business security price decrease,
provision for loss from investment in other units (difference between provision
planned for this period and that of last year);
– Items recorded a decrease of financing costs;
– At end of account period, closing out total costs incurred
in period to determine trading results.
Account 635 does not have ending balances.
3. Method of accounting for several major transactions
When incurring costs relating to selling security activity,
lending capital, foreign currency sales, record:
Dr 635 – Financial costs
Cr 111, 112, 141,…
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 111, 112,… (selling price calculated on the fair value
of assets received)
Dr 635 – Financial costs( loss)
Cr 121, 221, 222, 228 ( net value).
When receiving back contributed capital from subsidiaries,
associates of which fair value of assets subdivided in parts is smaller than
value of contributed capital, record:
Dr 111, 112, 152, 156, 211, … (fair value of assets
divided)
Dr 635 – Financial costs( loss)
Cr 221,222.
In case enterprises sell investments in shares of other
enterprises under the form of share swap, enterprises must determine the fair
value of the shares received at the time of exchange. The difference ( if
any) between the fair value of the shares received less than the book value of
the shares exchanged shall be recorded a financial expense, record:
Dr 121, 221, 222, 228 (book value of the shares received)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 121, 221, 222, 228 (fair value of shares exchanged).
Accounting for provision for decreases in business security
price, provision for loss from investment in other units when financial
statement is established ;
– In case provision in this period is bigger than that of
last period, the difference shall be appropriated additionally, record:
Dr 635 – Financial costs
Cr 229 – Provision for asset losses (2291, 2292).
– In case provision in this period is smaller than that of
last period, the difference shall be returned, record:
Dr 229 – Provision for asset losses (2291, 2292).
Cr 635 – Financial costs
Discounts for buyers of goods, services which result from
settlement before deadline agreed in business contract, record:
…
…
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 131, 111, 112,…
Costs directly related to the loan (other than loan
payable), such as cost of the audit, verification and applications for
borrowing capitals…, if they are included in finance costs:
– For loans under the form of bond issue, record :
Dr 635 – Financial costs
Cr 343 – Bonds issued (3431, 3432)
– For loans under the form of ordinary contract, agreement,
record :
Dr 635 – Financial costs
Cr 111, 112
In case business must pay periodical loan interests, bond
interests for lenders, record:
…
…
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111,112,…
In case business prepay loan interests, bond interests for
lenders, record:
Dr 242- Prepaid expenses ( if interest is prepaid)
Cr 111,112,…
Periodically, when allocating loan interests, bond interests
payable for each period to financial costs, record:
Dr 635 – Financial costs
Cr 242 – Prepaid expenses
In case interests payments are deferred:
– When periodical calculating interests payables for each
period, if payables can be changed to financial costs, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 341 – Loans and finance lease liabilities (3411) (if the
interest added to principal)
Cr 335 – Accrued expenses
– When borrowing period is expired, business pay back
long-term principal and interests, record:
Dr 341 – Loans and finance lease liabilities (principal
payables)
Dr 34311 – Face value of bonds
Dr 335 – Expenses payable ( if interest of previous periods)
Dr 635 – Financial costs (loan interests of maturity period)
Cr 111,112,…
In case business issue discount bond or premium bond to
mobilize debts used for production and trade, periodical computing interest
expenses to charge to costs of production and trade in period, record:
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111,112,… (if interest payments are made periodically)
Cr 242 – Prepaid expenses (cost of borrowing payable in the
period)
Cr 335 – Expenses payable (Appropriation in advance debt
expenses payables in period – if debt expenses are deferred).
– If issuing discount bonds, when periodical allocating bond
discount in borrowing expenses, record:
Dr 635 – Financial costs
Cr 34312 – Bond discount (in period)
– If issuing premium bonds, when periodical allocating bond
premium by recording or decrease in borrowing expenses, record:
Dr 3433 – Bond premium ( allocated in each period)
Cr 635 – Financial costs
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 635 – Financial costs
Dr 241 – Construction in progress (if capitalized)
Cr 335 – Accrued expenses (interest of bonds payable in
period calculated on nominal interest rate)
Cr 3432 – Convertible bonds (the difference between the bond
interest recorded in financial expenses (or capitalized) and the interest of
bond payable in the period under nominal interest rate).
In case business pay periodically interests from fixed
assets financial lease, when the lessee receives payment invoices from the
lessor, record:
Dr 635 – Financial costs (periodical lease interest payment)
Cr 111, 112 (if it is cash price)
Cr 341 – Loans and finance lease liabilities (3412) (if
receiving debt)
When purchasing fixed assets under deferred payment,
installment payment for production and trade activities, record:
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT ( if any)
Dr 242 – Prepaid expenses (Deferred payment interests is
difference between total payments which minus purchase cash price and minus
Deductible VAT (if any)
Cr 331 – Supplier payable (Total settlement price)
Periodically calculating interests from
deferred or installment payment financial costs, record:
Dr 635 – Financial costs
Cr 242 – Prepaid expenses
Accounting for exchange rate losses
a) In case of purchasing goods, services, assets, payment of
costs paid in foreign currencies, if real transactional rate is smaller than
account book exchange rate of accounts 111, 112, record:
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 635 – Financial costs( loss on forex)
Cr 1112, 1122 (at the exchange rate in the accounting books)
b) When settling liabilities in foreign currencies, if
accounting book exchange rate of liabilities is smaller than accounting book
exchange rate of accounts 111, 112, record:
Dr 331, 336, 341,… (the exchange rate in the accounting
books)
Dr 635 – Financial costs( loss on forex)
Cr 1112, 1122 (at the exchange rate on the accounting books)
c) When collecting amounts receivables in foreign
currencies, if accounting book exchange rate of accounts receivables is bigger
than actual transactional rate, record :
Cr 111 (1112), 112 (1122) (actual exchange rates )
Dr 635 – Financial costs( loss on forex)
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) Losses arising from selling foreign currency of trading
activities, record:
Dr 111 (1111), 112 (1121) (under selling exchange rates )
Dr 635 – Financial expenses (losses-if any))
Cr 111 (1112), 112 (1122) (at the exchange rate in the
accounting books)
e) Transferring loss on forex due to reevaluation of
accounts derived from foreign currencies to financial expense, record :
Dr 635 – Financial costs( loss on forex)
Cr 413 – exchange differences (4131).
g) Other cases of loss on forex shall comply with the
provisions of the relevant accounts.
Enterprises which have not allocated the loss from exchange
differences of stage prior to operation (recorded on account 242 – Prepaid
expenses), must transfer the entire losses from exchange differences to
financial costs to determine income statement in the period, record:
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 242 – Prepaid expenses
In case of reevaluation of currency gold arising loss
(domestic gold price is lower than the book value), accountants record
financial cost, record :
Dr 635 – Financial costs
Cr 1113,1123.
For the sale of government bonds under repurchase order
(repo), when allocating the difference between the sale price and the
repurchase price of government bonds of the repurchase order contract of
government bonds into periodic costs under the time of the contract, record :
Dr 635 – Financial costs
Cr 171 – Resale of government bonds
In case state-owned enterprises before being transformed
into joint stock companies must handle liabilities payable :
– For loans of state-owned commercial banks and the Vietnam
Development Bank overdue but unable to be paid due to the loss of enterprises
which have no state capital, enterprises must carry out procedures, application
for rescheduling, freezing and remission of loans under the provisions of
current law. When having decision on remission of loan, record:
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 421 – Undistributed post-tax profits (interest of loans
recorded in expenses in previous terms remitted)
Cr 635 – financial expense (interest of loans recorded in
expenses in current terms)
– For expenses for interest payable for investors buying
shares: In case of the time from investors buy shares to the time the company
is granted the Certificate of Business is over 3 months, enterprises are
counted the borrowing interest paid for investors. In case if sums received
from sale of shares to mobilize additional capital are under accounts of the
units and used by the units, record:
Dr 635 – Financial costs
Cr 335 – Accrued expenses
In case preference shares are classified as liabilities
payable, enterprises must pay dividends according to a certain percentage
without depending on income statement in the period which is profit or loss,
such preference dividends by nature is the loans and must be recorded in the
financial cost, record :
Dr 635 – Financial costs
Cr 338 – Other payables
At end of period, closing out total financial cost incurred
in period to account 911 “Income Summary”, record:
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 635 – Financial costs
Article 91. Account 641 – Selling
expenses
1. Accounting Principles
This account is used to record expenses actually incurred in
process of selling products, goods, providing services, including publicity
expenses, demonstration expenses, advertising expenses, sale commission,
warranty charges of goods and products (excluding construction activity),
maintenance charges, cost of packing, transportation.
b) Costs that are not considered as business income tax
expense under the provisions of the tax Law but have full invoices and have
accounted in accordance with accounting policy shall not be recorded a decrease
in accounting costs but only adjusted in final business income tax declaration
to increase the business income tax payable.
c) Account 641 is opened in details suitable to contents of
expenses, such as pay roll expenses, costs of materials, package, tools,
supplies, fixed assets depreciation, characteristic, management demand of every
industry, every business that account 641 can have additional items of
expenses. At end of period, transferring selling expenses to Dr 911 “Income
Summary”
2. Structure and contents of account 641 – Selling expenses
Debit side : Costs incurred relating to process of selling products,
goods, rendering services incurred in period.
Credit side :
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Transferring selling expenses to Dr 911 “Income Summary”
to calculate operating results in the period.
Account 641 does not have ending balances.
Account 641 comprises 7 sub-accounts:
– Account 6411 – payroll expenses: recording accounts payables to
sales personnel, package personnel, transportation and maintenance personnel of
products, goods, including salaries, intershift meal expenses, wages and
appropriation of social insurance, medical insurance and labor union fees,
unemployment insurance…
– Account 6412 – Costs of materials, package: recording costs of materials and
package delivered for protection, consumption of products, goods, services,
such as costs of package materials of products, goods, costs of materials,
fuels used for protecting, loading, transporting products, goods used for
repairing, maintenance of fixed assets, … used for sales department
– Account 6413 – Costs of tools, supplies: recording instruments, tools served
for consumption process of products, goods, such as measurement tools,
computing devices, working facilities…
– Account 6414 – Depreciation cost of Fixed assets: recording depreciation expenses of
fixed assets in maintenance department, sales department, such as warehouse,
stores, quays, loading and transportation facilities, computing and measurement
tools, quality verification,…
– Account 6415 – Costs of warranty: used to record
cost of product and goods warranty. Especially, repairing and warranty expenses
of construction work are recorded at account 627 “Factory Overhead Expenses”,
and not recorded at this account.
– Account 6417 – Costs of outsourcing services: recording
costs of outsourcing services for selling products, such as outsourcing costs
for repairing fixed assets used directly for selling department, warehouse
rent, quay rent, loading and transportation expenses for sales, commission for
sales agency, for exporting consignee…
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
3. Method of accounting for several major transactions
Computing salary, salary supplement, inter-shift meal
expenses, computing and appropriating social insurance, medical insurance,
labor union fees, unemployment insurance, other support ( life insurance,
voluntary pension insurance) for employees directly served for process of
selling products, goods, and rendering services, record:
Dr 641 – Selling expenses
Cr 334,338,…
b) Value of materials, tools served for process of selling
goods, record:
Dr 641 – Selling expenses
Cr 152, 153, 242.
c) Deducting depreciation of fixed assets of sale
department, record :
Dr 641 – Selling expenses
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
d) Outsource water and electricity expenses, information
expenses (telephone, fax,…), outsourced expenses for repairing fixed assets
with inconsiderable values will be charged directly to selling expenses,
record:
Dr 641 – Selling expenses
Dr 133 – Deductible VAT ( if any)
Cr 111, 112, 141, 331,…
dd) For cost of repairing fixed assets serving for sale
– In case method of anticipated expenses for great repair of
fixed assets is used:
When anticipating expenses for great repair of fixed assets
in selling expense, record:
Dr 641 – Selling expenses
Cr 335 – Accrued expenses (if repairs are carried out in the
period but have not yet accepted or had invoice).
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
When great repair expenses of fixed assets are actually
incurred, record:
Dr 335, 352
Dr 133 – Deductible VAT
Cr 331, 241, 111, 112, 152,…
– In case expenses for great repairs of fixed assets are
incurred just one time with great value and related to selling products, goods,
services in many periods, periodically accountants include each part of great
repairing costs incurred in selling expense, record :
Dr 641 – Selling expenses
Cr 242 – Prepaid expenses
a) Accounting of warranty expenses of products, goods (not
including warranty of construction works):
– In case business sell goods for customers attached with
warranty certificate for breakages from production errors, detected during
warranty period of products, goods, business must determine every repair
expenses level in warranty obligation. When determining payables provision for
repair and warranty expenses of products, goods, record:
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 352 – Provision for payables
– At end of the next accounting period, business has to
compute and transfer payables provision for repairs and maintenances of
products, goods:
In case, provision for payables in this account period is
bigger than unspent provision for payables in warranty of products, goods in
last account period, then the difference between them is appropriated
additionally to record in expenses, record:
Dr 641 – Selling expenses (6415)
Cr 352 – Provision for payables
In case, provision for payables in this account period is
smaller than unspent provision for payables in warranty of products, goods in
last account period, then the difference between them is returned to decrease
expenses, record:
Dr 352 – Provision for payables
Cr 641 – Selling expenses (6415)
g) For products and goods used for promotions, advertising
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
In case of delivering products, goods for promotion,
advertising without charge or other conditions, such as buying products, goods,
record :
Dr 641- selling expenses (cost of production, cost price of
goods)
Cr 155,156.
In case of dispatching goods for promotion, advertising, but
customers only receive promotional, advertising goods together with other
conditions, such as buying products, goods (eg, buy 2 get 1 free….),
accountants must record the value of goods for promotion, advertising, the cost
price of goods sold (in this case the nature of the transaction is discount of
goods sold ).
– If the enterprise trading received goods (without payment)
from manufacturers, distributors for advertising, promotion for customers
buying from manufacturers, distributors:
When receiving goods by the manufacturer (without payment)
used for promotion, advertising for customers, distributors must monitor in
detail the number of goods in their internal administrative system and explain
in the note of financial statements for goods received and the number of goods
used for promotion for buyers (such as goods kept).
At the end of the promotion program, if the number of unused
promotional goods is not returned to the manufacturer, accountants record a
value of unreturned promotional goods in other income, record:
Dr 156 – Goods (fair value)
Cr 711 – Other income.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 641 – Selling expenses (6412, 6413, 6417, 6418)
Cr 155, 156 (cost of production, cost
price of goods)
If declaring VAT for products, goods
for internal consumption (the value of declaration shall comply with
regulations of law on taxation), record :
Dr 133 – Deductible VAT
Cr 3331 – payable VAT
i) In case the products, goods are used as gifts
– In case products, goods used as gifts for customers
outside the enterprise are included in the cost of production and trading:
Dr 641- selling expenses (cost of production, cost price of
goods)
Cr 152, 153, 155, 156.
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT
Cr 3331 – payable VAT
– In case of products, goods used as gifts for staff and
employees are covered by bonus and welfare fund :
Dr 353 – bonus and welfare fund (total settlement price)
Cr 511 – Turnover from sale and service provision
Cr 3331 – VAT payable (33311).
At the same time, recording the cost price of goods sold for
the value of the products, goods, raw material used as gifts for staff and
employees:
Dr 632 – Cost of goods sold
Cr 152, 153, 155, 156.
…
…
…
TVPL
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 641 – Selling expenses
Dr 133 – Deductible VAT ( if any)
Cr 338 – Other payables (3388).
l) Sales commission which consignor must pay for consignee,
record:
Dr 641 – Selling expenses
Dr 133 – Deductible VAT
Cr 131 – receivable from customers
m) When decreases in selling expenses incurred, record:
Dr 111, 112,…
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
n) At end of period, closing out selling expenses incurred
to period account 911 “Income Summary”, record:
Dr 911 – “Income Summary”.
Cr 641 – Selling expenses.
Article 92. Account 642 – General
administration expenses
1. Accounting Principles
This account used to record overhead costs of business
including salary expenses of business’ administrative staffs (salary, wages,
subsidies,…); social insurance, medical insurance, labor union expenses,
unemployment insurance of administrative staff, expenses of office materials,
labor instruments, depreciation of fixed assets used for administration, lease
rent, licence tax, provision for bad debts, outsourced services (electricity,
water, telephone, fax, assets warranty, fire and explosive accidents,…) other
cash expenses (expenses of entertainment, customer conference…) .
b) General administration expenses that are not considered
as business income tax expense under the provisions of the tax Law but have
full invoices and have accounted in accordance with accounting policy shall not
be recorded a decrease in accounting costs but only adjusted in final business
income tax declaration to increase the business income tax payable.
c) Account 642 is opened in details according to specific
items of expenses as regulated. Depending on management requirement of
industry, account 642 can be opened additionally several sub accounts to record
expenses items of business General administration expenses. At end of period,
accountants closes out General administration expenses to Dr 911 “Income
Summary”.
2. Structure and contents of account 642 – General
administration expenses
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– General administration expenses actually incurred in
period;
– Provision for bad debts, provisions for payables (positive
difference between provision for this period and unspent provision for last
period);
Credit side :
– Items reduced general administration expenses;
– Returning provision for bad debts, provisions for payables
(negative difference between provision for this period and unspent provision
for last period);
– Transferring general administration expenses to account
911 “Income Summary”.
Account 642 does not have ending balance.
Account 642 – General administration expenses, comprises 8
sub – accounts:
– Account 6421 – Expenses of administrative staffs: Recording payables for
administrative staffs, such as: salaries, subsidies, social insurance, medical
insurance, labor union expenses, unemployment insurance of board of directors,
administrative staffs in business departments.
…
…
…
TVPL
Pro
để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Account 6423 – Expenses of office requisites: Used for management works (price are
plus VAT or net of VAT)
– Account 6424 – Depreciation expenses of fixed assets: Recording depreciation expenses of
fixed assets collectively used for business, such as: offices of departments,
warehouses, architectures, means of transportation and transmittance, machinery
and equipment used for management in office…
– Account 6425 – Tax, duties, fees: Recording expenses of tax, duties
and fees, such as: license tax, lease rent,… and other duties and fees.
– Account 6426 – Provisions: Recording provision for bad debts,
provision for payables which are charged to costs of production and trade of
business.
– Account 6427 – Expenses of outsourced services: Recording expenses of outsourced
services served for firm management works; purchases and use of technical
documents, patents, (having not enough requisition to be recorded a fixed
assets) computed by amortizing method to General administration expenses, fixed
assets lease, charges paid for subs contractors.
– Account 6428 – Other explicit expenses: Recording other expenses belong to
business overhead cost, in addition to above mentioned expenses, such as:
expenses of conference, expenses of entertainment, traveling expenses, expenses
for finale laborers…
3. Method of accounting for several major transactions
Salaries, wages, subsidies and other payables for
administrative staff, appropriation of social insurance, medical insurance,
labor union expenses, unemployment insurance, other support (life insurance,
voluntary pension insurance…) of administrative staff, record:
Dr 642 – General administration expenses (6421)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Value of materials delivered for use or purchased for
immediately used in business administrative, such as: gasoline, oil, grease for
cars and trucks, materials used to repair common fixed assets of business,
record:
Dr 642 – General administration expenses (6422)
Dr 133 – Deductible VAT (1331) (If any)
Cr 152 – Raw materials, materials
Cr 111, 112, 242, 331,…
Value of tools, supplies in offices delivered for used or
purchased for immediately used (not stored) for administrative staffs, are
charged directly to business General administration expenses, record:
Dr 642 – General administration expenses (6423)
Dr 133 – Deductible VAT (If any)
Cr 153 – Instruments, tools
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Fixed asset depreciation used for general administration of
business, such as: Housing, Architecture works, warehouses, transmission
devices,… record:
Dr 642 – General administration expenses (6424)
Cr 214 – Accumulated Depreciation
License Tax, land rent..payable for government, record :
Dr 642 – General administration expenses (6425)
Cr 333 – Tax and payables for government
Traffic fees, fees of bridge, ferry passing:
Dr 642 – General administration expenses (6425)
Cr 111, 112,….
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– If the provision for uncollectible receivables set up this
period is bigger than that of previous period, accountants additionally set up
the difference, record :
Dr 642 – General administration expenses (6426)
Cr 229 – Provision for asset losses (2293).
– If the provision for uncollectible receivables set up this
period is lower than that of previous period, accountants return the
difference, record :
Dr 229 – Provision for asset losses (2293).
Cr 642 – General administration expenses (6426)
– Determining the overdue time of debts receivable
determined to be uncollectible for which provisions must be set up shall be
based on the time of principal repayment under the original sale contract, not
be taken into account the debt rescheduling between the parties.
– Enterprises setting up provision for loan, deposit,
advances … are entitled to receive the same as for the receivables in
accordance with the law.
When creating payables provision for expenses of
restructuring business, payables provision, for high risk contracts and other
payables provision (Excluding payables provision for warranty of products,
goods, constructions), record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 352 – Provision for payables.
In case provisions for payables in this period is smaller
than unspent payable provision for last period, then the difference will be
returned to decrease expenses, record:
Dr 352 – Provision for payables.
Cr 642 – General administration expenses.
Expenses of telephone, electricity and water outsourced,
one-time repair expenses of fixed assets with small value, record:
Dr 642 – General administration expenses (6427)
Dr 133 – Deductible VAT (If any)
Cr 111, 112, 331, 335,…
For costs of repairing fixed assets serving management
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– When previously deducting great repair costs of fixed
assets from selling expense, record :
Dr 642 – General administration expenses
Cr 335 – Accrued expenses (if the repairs are carried out in
the period but have not yet accepted or had invoice).
Cr 352 – Provisions payable (If units previously deduct
repair cost of fixed assets according to technical or period maintenance
requirements)
– When repair cost is higher than actually incurred fixed
assets, record :
Dr 335, 352.
Dr 133 – Deductible VAT
Cr 331, 241, 111, 112, 152,…
b) If the repair costs of fixed assets arising once have
great value and are related to management department in many periods,
periodically accountants include in general administrative each part of great
repair costs incurred, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 242 – Prepaid expenses.
Expenses incurred from conference, entertainment, expenses
for female laborers, for research, training, fees of participating associations
and other expenses, record:
Dr 642 – General administration expenses (6428)
Dr 133 – Deductible VAT(If any)
Cr 111, 112, 331,…
Input VAT which not deducted must be charged to General
administration expenses, record:
Dr 642 – General administration expenses
Cr 133 – Deductible VAT (1331, 1332).
In case products, goods for internal consumption are used
for management purpose, record :
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 155, 156 (production cost or cost
price of goods).
If declaring VAT for products, goods
for internal consumption (the value declared shall comply with regulations of
law on taxation), record :
Dr 133 – Deductible VAT
Cr 3331 – VAT payable.
When incurring decreases in General administration expenses,
record:
Dr 111, 112,…
Cr 642 – General administration expenses.
For 100%-state-owned enterprises transferred to joint-stock
companies, accountants handle uncollectible debts receivable when determining
the value of the enterprises as follows:
a) For the debts receivable which have sufficient proof as
prescribed of uncollection, accountants base on relevant documents such as debt
remission decisions, decisions on indemnity for organizations and individuals,
record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 229 – Provision for asset losses (2293) (provision set
up)
Dr 642 – General administration expense (included in the
cost)
Cr 131, 138,…
b) For the overdue receivables sold to the debt and asset
trading corporate of enterprises under agreed price, depending on actual cases,
accountants record a follows:
In case overdue receivables are not set up provisions for
bad debts, record :
Dr 111, 112 (according to the agreed price)
Dr 642 – General administration expense (the remaining
losses part)
Cr 131, 138,…
In case uncollectible receivables are set up provision but
it is not enough to offset the losses, when selling debt receivables, the
remaining losses are accounted for in general administration expense, record :
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 229 – Provision for asset losses (2293) (parts set up
provisioning for such overdue loans)
Dr 642 – General management expense (the remaining losses
part)
Cr 131, 138…
– For amounts paid out, spent on donations and on workers
who lost their jobs before the decision on equitization of enterprises and
handled as uncollectible receivables by enterprise value decision agencies,
record :
Dr 111, 112, 334 (indemnity of organizations and
individuals)
Dr 642 – General administration expenses
Cr 353 – bonus and welfare fund
Accounting for allocation of business advantages arising
from the equitization
The business advantage arising from the equitization of
state-owned enterprises is recorded in account 242 – Prepaid expenses and
gradually allocated within 3 years, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 242 – Prepaid expenses.
At end of account period, posting General administration
expenses to account 911 to determine operating results in the period, record:
Dr 911 – Income Summary
Cr 642 – General administration expenses.
Article 93. Account 711- Other
income
1. Accounting principles
a) This account is used to record other income, revenues not
from operating activity of business, including:
– Revenues from transferring, liquidating fixed assets;
– Difference between the fair value of assets divided from
Business cooperation contract is higher than the cost of capital investment in
assets under joint control;
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Revenues from asset sales and lease operations;
– Taxes payable when selling goods or providing services,
but later reduced or returned (export tax is returned, VAT, special excise tax,
environmental protection tax payable is reduced later);
– Collecting contractual fine from customer;
– Collecting compensation of third parties in order to make
up lost assets (eg the collection of compensated insurance, compensation for
displacing business establishments and similar amounts);
– Collecting doubtful debts which have been written off;
– Collecting liabilities which creditors are not determined;
– Bonus from customers relating to consumption of good,
products services which are not included in sales (if any);
– Revenues in cash or in kind from gifts donated by
organization individuals;
– The value of unreturned promotional goods;
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) When there is a certain possibility of fines collected
from breach of contract, accountants must consider the nature of fines to
account in accordance with each specific case, under the following principles:
– For sellers: All fines for breach of contract collected
from buyers outside the contract value are recorded in other income.
– For buyers:
Fines are essential purchase discounts, reducing payments for
suppliers are accounted for as decrease in value of assets or payments (not
accounted for in other income) unless the relevant assets are liquidated or
sold.
For example, when the contractor delays the progress,
investors are entitled to fine the contractor which allows to recover a portion
of amounts paid to the contractor, such amounts are recorded a decrease the
value of construction assets. However, if fines collected after the assets have
been liquidated, sold, the fines are recorded in other income.
Other fines are recorded a other income in the incurred
period, eg; the buyer is entitled to reject the goods and fine the seller if
goods are not timely delivered as specified in the contract, fines receivables
are recorded a other income when they are surely received. In case the buyer
receives the goods and fines are deducted from the amount payable, the value of
the goods purchased is recorded at the amount actually payable, accountants do
not record fines in other income.
2. Structure and contents of account 711 – Other income
Debit side:
– VAT payable (if any) computed under direct method on Other
Income of business which pay VAT under direct method.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Credit side: Other income incurred during period.
Account 711 “other Income” does not have ending balance.
3. Method of accounting for several major transactions
Accounting of “other Income” generated from transferring
liquidating of fixed assets:
– Recording revenues from liquidating, transferring fixed
assets :
Dr 111,112,131 (total settlement price)
Cr 711 – Other Income (revenues net of VAT)
Cr 3331 – VAT payable (33311)(if any).
– Expenses incurred for transferring liquidating operations
of fixed assets, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (If any)
Cr 111, 112, 141, 331,…(Total settlement price).
– Record: decrease cost of fixed assets liquidating or
transferred
Dr 214 – Accumulated Depreciation (value of depreciation)
Dr 811 – Other expenses (Net book value)
Cr 211 – Tangible fixed assets (cost)
Cr 213 – Intangible fixed assets (cost)
b) Accounting of “Other income generated from revaluating
material, good and fixed assets which have been invested in subsidiary
companies, associate companies, contributed in other long-term investments:
– When investing in subsidiary companies , joint venture,
associate companies , other long-term investment under form of contributing
materials, goods, which are revaluated in joint agreement between parent
companies and subsidiary companies, investors and associate companies. In case
this revaluation of materials goods is greater than book value of materials or
good, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 152, 153, 155, 156 (book value)
Cr 711 – Other income (the difference between the
reevaluated prices higher than the book price of materials and goods).
– When investing in subsidiary companies , joint venture,
associate companies , other long-term investment under form of contributing
fixed assets, which are revaluated in joint agreement between parent companies
and subsidiary companies, investors and associate companies. In case this
revaluation of fixed assets is greater than the net book value of fixed assets,
record:
Dr 221, 222, 228 (price of revaluation)
Dr 214 – Accumulated Depreciation (value of accumulative
depreciation)
Cr 211, 213 (Costs)
C<}0{>Cr 711 – Other Income (the difference between
revaluation value of fixed assets higher than the net book value of fixed
assets)
c) Accounting “Other Income” generated from selling
and leasing fixed assets in financial lease:
– In case transactions of selling and leasing back fixed
assets with price higher than net book value of fixed assets, when procedure of
selling fixed assets is finished, accountants will base on invoices and
relating documents, record:
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 711 – Other Income (the net book value of fixed assets
sold and leased back)
Cr 3387 – Unearned revenues (Positive difference between price
and net book value of fixed assets)
Cr 3331 – VAT payable.
Simultaneously, recording decrease in fixed assets:
Dr 711 – Other Income (the net book value of fixed assets
sold and leased back)
Dr 214 – Accumulated Depreciation ( if any)
Cr 211 – Tangible fixed assets (cost of fixed assets)
– In case selling and easing back with price lower than net
book value of fixed assets. When finishing procedure of selling fixed assets,
account will base on invoices and other related documents, record:
Dr 111,112,131 (total settlement price)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payable if any).
Simultaneously, recording decrease in fixed assets:
Dr 811 – Other expenses (selling price of fixed assets)
Dr 242 – Prepaid expenses (Negative difference between
selling price and net book value of fixed assets)
Dr 214 – Accumulated Depreciation ( if any)
Cr 211 – Tangible fixed assets (cost of fixed assets)
Entry recording leased property and liabilities of financial
lease, periodical lease payments, complying with regulation at Account 212 –
Financial lease fixed assets.
d) Accounting “other Income” generated from selling and
lease – back transactions of operating leased fixed assets: When selling
and leasing back of fixed assets, accountants will base on VAT invoices and
related documents of selling fixed assets, to record selling transactions in
following cases:
– If selling price is agreed on a reasonable level, then
loses or profits must be recorded immediately during the period. To record revenues
from fixed assets sales, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 711 – Other Income (selling price of fixed assets)
Cr 3331 – VAT payable if any).
Simultaneously, recording a decrease in fixed assets (as in
above point c)
– If price of selling and lease – back of assets is lower
than the reasonable price, but the leasing price is lower than the leasing
price in market, then this loss shall not be recorded immediately, but shall be
allocated gradually in accordance with lease payments during leasing assets. Base
on the VAT invoices and documents related to fixed assets sales, the income
from selling fixed assets, record:
Dr 111, 112,…
Cr 711 – Other Income (selling price of fixed assets)
Cr 3331 – VAT payable.
– Simultaneously, recording decrease in fixed assets as
follows :
Dr 881 – Other expenses.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 214 – Accumulated Depreciation ( if any)
Cr 211 – Tangible fixed assets (cost of fixed assets)
– Periodically, when allocating the loss of selling and
subleasing operating leased fixed assets (the difference between the selling
price less than fair value) in the cost of production and trading in period in
accordance with payments of lease in the time when such asset is expected
to use, record :
Dr 623, 627, 641, 642
Cr 242 – Prepaid expenses.
– If price of selling and lease – back of assets is higher
them reasonable price, then amount in excess of reasonable price shall not be
recorded immediately as a profits during period, but shall be allocated during
the entire expected useful time of that assets, and difference between
reasonable value and net book value shall be recorded immediately as a profits
during period.
Base on VAT invoices of fixed assets sales, record:
Dr 111, 112, 131,…
Cr 711 – Other Income (computed with reasonable value of
fixed assets)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331 – VAT payable if any).
Simultaneously, recording a decrease in fixed assets sold
and subleased (as in above point c)
Periodically, when allocating positive difference between
selling price and fair value of fixed assets sold and subleased recorded a
decrease in the cost of production and trading in period in accordance with
payments of lease in the time when such asset is expected to use, record
:
Dr 3387 – Unearned revenues
Cr 623, 627, 641, 642.
dd) When warranty period of construction work is over, if
construction work is not guaranteed or payables provision for construction work
warranty is greater than expenses actually incurred, then unspent payables
provision for warranty of construction work must be returned, record:
Dr 352 – Provision for payables.
Cr 711 – Other Income
e) Recording sums received from fines
…
…
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr related accounts
Cr 151, 153, 154, 156, 241, 211…
– If the fines are recorded in other income, record:
Dr related accounts
Cr 711 – Other Income
g) Recording amounts compensated by a third party (such as
cash compensation insurance, compensation for displacing business
establishments …), record :
Dr 111, 112,…
Cr 711 – Other Income
– Expenses relating to handle damages in cases business has
bought insurance, record:
…
…
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 133 – Deductible VAT (If any)
Cr 111, 112, 152,…
h) Accounting for uncollectible receivables which had been
written off, but now have been collected:
– If having actually uncollectible receivables and must be
written off, accountants will base on social insurance to write off debt,
record:
Dr 229 – Provision for asset losses (2293) (provision set
up)
Dr 642 – General administration expenses (If provision has
not been budgeted)
Cr 131 – Customer receivable
–
When collecting doubtful debts that have been written off, record :
Dr 111, 112,…
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
If creditor of liabilities was not identified, the debt was
written off and charged to Other Income, record:
Dr 331 – Suppliers payables
Dr 338 – Other payables
Cr 711 – Other Income
k) Accounting for taxes payable when selling goods or
providing services which are later returned or reduced:
– Upon receipt of the decision of the competent authority of
the amount refunded or reduced, record :
Dr 3331, 3332, 3333, 33381
Cr 711 – Other Income
– When state budget returns in cash, record :
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 3331, 3332, 3333, 33381.
l) In case business is financed, donated with materials,
goods, fixed assets, …, record:
Dr 152, 156, 211,…
Cr 711 – Other Income
m) In case of transformation of business ownership (except
transformation of enterprises with 100% state capital into joint-stock
companies), if allowed to revaluate of enterprises at the time of
transformation, for assets assessed increase, record :
Dr related accounts
Cr 711 – Other Income
n) If enterprises trading receive goods (without payment)
from manufacturers, distributors for advertising, promotion for customers
buying goods from manufacturers, distributors. At the end of the promotion
program, if the unused promotional goods are not returned manufacturers,
accountants record the value of unreturned promotional goods as other income,
record :
Dr 156- Goods (equivalent value of the same type)
…
…
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
o) At end of account period, computing and recording VAT
payable under direct method of Other Income, record:
Dr 711- Other Income
Cr 3331- VAT payable.
p) At end of period, accountants post Other Income generated
during period to Account 911 “Income Summary”
Dr 711- Other Income
Cr 911 – Income Summary
Article 94. Account 811- Other
expenses
1. Accounting principles
This account is used to record expenses incurred from events
or operations separated from normal operation of business. Other expenses may
include:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Negative difference between the fair value of assets
divided from Business cooperation contract and the cost of capital investment
in assets under joint control;
– Net book value of dismantled fixed assets;
– Net book value of disposals of fixed assets (if any);
– Losses from differential in revaluating materials, goods,
fixed assets contributed in subsidiary companies, joint ventures, invested in
associates, in other long – term investments;
– Fine payable from economic contract breach, administrative
violations;
– Other expenses
b) Expenses that are not considered as expense of corporate
income tax under the provisions of the law on tax but have full invoices and
are accounted for in accordance with accounting policy are not recorded a
decrease in accounting costs but only adjusted in final corporate income tax
declaration to increase the corporate income tax payable.
2. Structure and content of account 811 – Other expenses
Debit side: Other expenses incurred.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Account 811 does not have ending balance.
3. Method of accounting for several major transactions
Accounting for operations of selling, liquidating of fixed
assets:
– Recording other income from transferring liquidating fixed
assets, record :
Dr 111, 112, 131,…
Cr 711 – Other Income
Cr 3331 – VAT payable (33311)(if any).
– Recording a decrease in fixed assets used for production
and business, now are transferred, liquidated, record:
Dr 214 – Accumulated Depreciation (value of depreciation)
…
…
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 211 – Tangible fixed assets (cost)
Cr 213 – Intangible fixed assets (cost)
– Recording expenses incurred during period for transfer and
liquidating operations of fixed assets, records :
Dr 881 – Other expenses.
Dr 133 – Deductible VAT (1331) (If any)
Cr 111, 112, 141,…
– Recording sums received from the sale bids relating to the
liquidation or sale of fixed assets, record :
Dr 111, 112, 138…
Cr 881 – Other expenses.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 214 – Accumulated Depreciation (value of depreciation)
Dr 811 – Other expenses (Net book value)
Cr 211 – Tangible fixed assets (cost)
Cr 213 – Intangible fixed assets (cost)
c) Accounting for other expenses incurred when revaluating
materials, goods, fixed assets invested in subsidiary companies, joint-venture,
associates: Comply with the provisions of accounts 221, 222, 228.
d) In case of transformation of business ownership (except
transformation of 100%-state-owned enterprises into joint-stock companies), if
allowed to revaluate of enterprises at the time of transformation, for assets
assessed increase, record :
Dr 881 – Other expenses.
Cr related accounts
dd) Accounting for fines from economic contract breach,
administrative violations, record:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cr 111, 112.
Cr 333 – Tax and payables for government (3339)
Cr 338 – Other payables
e) At end of account period, transferring total other
expenses incurred during period to determine operating results, record:
Dr 911 – Income Summary
Cr 881 – Other expenses.
Article 95. Account 821 – Business
income tax expenses
1. Accounting principles
a) General principles
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Current business income tax expenses are business income
taxes payables computed on taxable income during year, and current business
income tax rate.
– Deferred business income tax expenses are business income
taxes payables in the future, incurred from:
Recording deferred income tax payables in year;
Returning deferred business income tax expenses which were
recorded in previous years.
– Revenues from deferred income tax are decrease recording
deferred business income tax incurred from:
Recording deferred income tax expenses during year;
Returning of deferred income tax payables recorded in
previous years.
b) Accounting principles of current business income tax
expense
– Quarterly, accountants base on the business income tax
form to record the income tax that enterprises temporarily pay in current
business income tax expense. At the end of the fiscal year, based on the final
tax declaration, if the business income tax in current year temporarily payable
is less than the amount payable for that year, accountants record the business
income tax payable additionally in current business income tax expense. In case
the business income tax temporarily payable in current year is bigger than the
amount payable for that year, accountants must record a decrease current
business income tax expense which is the difference between the temporary
business income tax payable in current year is bigger than the amount payable.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– For significant errors, accountants make retroactive
adjustment as prescribed by the Accounting Standards – “Changes in
accounting policies, accounting estimates and errors”.
– When preparing the financial statements, accountants must
transfer the current business income tax expenses incurred to account 911 –
” Income summary” to determine the post-tax profits profit in
accounting period.
b) Accounting principles of deferred business income tax
expense
– When preparing the financial statements, accountants must
determine the deferred income tax expense under the provisions of Accounting
Standards “business income tax”.
– Accountants must not record in this account the deferred
income tax assets or deferred income tax payable arising from the transaction
recorded directly in owner’s equity.
– At the end of the period, accountants must transfer the
difference between the sum incurred in debit side and that of credit side of
Account 8212 – ” Deferred business income tax expense ” to account
911 – “Income summary”.
2. Structure and content of account 821 – Business income
tax expenses
General structure and content
Debit side:
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Current business income tax of previous years payable
additionally due to detecting insignificant errors of the previous year
recorded an increase in current business income tax expense of the current
year;
– Deferred income taxes expenses incurred during year from
recording deferred income tax payables (positive differential between deferred
income tax incurred in year, and deferred income tax payables which were
returned during the year).
– Recording deferred income tax expenses (positive
differential between deferred business income tax which were returned in year,
and deferred income tax incurred during the year).
– Posting differential between amount of Cr 8212 “Deferred
income tax expenses”, which is greater than amount of Dr 8212 “Deferred income
tax expenses” incurred in period, to Cr 911 “Income Summary”.
Credit side:
– Current business income tax actually paid in year which is
smaller than income tax expenses temporarily payables, will be deducted from
current business income tax expenses recorded during year;
– business income tax payable recorded a decrease due to
detecting insignificant errors of the previous year recorded an increase in
current business income tax expense of the current year;
– Decrease record of deferred business income tax expenses
and recording deferred income tax asset (positive difference between deferred
income tax incurred in year and deferred income tax assets returned during
year).
– Decrease record of deferred income tax expenses (positive
differential between deferred income tax payables which has been returned
during year and deferred income tax payables induced during year);
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Transferring positive differential between amount at Dr
8212, and amount at Cr 8212 “Deferred business income expenses” induced in
period, to Dr 911 “Income Summary”.
Account 821 “Business income tax expenses” has no ending
balance
Account 821 – Business income tax expenses, comprises 2 sub
– accounts:
– Account 8211 – Current business income tax expenses ;
– Account 8212 – Deferred business tax expenses
b) Structure and content of account 8211 – Current business
income tax expenses
Debit side:
– Business income tax payables charged to current income tax
expenses induced during year;
– Business income tax of previous years payables
additionally because of detecting important errors of previous years, will be
increasingly recorded in current business income expenses of present year.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Current business income tax actually paid during year
which is smaller than current income tax temporarily paid, will be deducted
from current income tax expenses recorded in year;
– business income tax payable recorded a decrease due to
detecting insignificant errors of the previous year recorded an increase in
current business income tax expense of the current year;
– Transferring current business income tax expenses to Dr
911 “Income Summary”.
Account 8211 “Current business income tax expenses” has no
ending balance.
c) Structure and content of account 8211 – Deferred business income tax
expenses
Debit side:
– Deferred income taxes expenses incurred during year from
recording deferred income tax payables (positive differential between deferred
income tax incurred in year, and deferred income tax payables which were
returned during the year).
– Returned amount of deferred income tax assets in previous
year (which is positive differential between deferred income tax fiscal assets
which was returned during year, and deferred income tax assets induced during
year).
– Posting differential between amount of Cr 8212 “Deferred
income tax expenses”, which is greater than amount of Dr 8212 “Deferred income
tax expenses” incurred in period, to Cr 911 “Income Summary”.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Decreasingly record deferred income tax expenses (positive
differential between deferred income tax fiscal assets which was returned
during year).
– Decrease record of deferred income tax expenses (positive
differential between deferred income tax payables which has been returned
during year and deferred income tax payables induced during year);
– Transferring difference between amount at Cr 8212
“Deferred business income tax expenses, which is smaller than amount at Dr 8212
“Deferred business income tax expenses” induced during period, to Dr 911
“Income Summary”.
Account 8212 “Deferred business income tax expenses” has no
ending balance.
3. Method of accounting for several major transactions
a) Accounting principles of current business income tax
expense
– Quarterly, when determining income tax temporarily paid
complying with business income tax law, accountants record cement income tax
temporarily paid for state Budget to business income tax expenses, record:
Account 8211- Current business income tax expenses;
Cr 3334 – Business income tax
…
…
…
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 3334 – Business income tax
Cr 111, 112,…
– At end of fiscal year, accountants base on business income
tax actually payables under final tax declaration or the sum payable notified
by tax authorities:
If income tax expenses actually payables during year are
higher than temporarily paid income tax, accountants record current business
income tax that business must pay additionally, record:
Account 8211- Current business income tax expenses;
Cr 3334 – Business income tax
If income tax expenses actually payables during year are
lower than temporarily paid income tax, accountants record a decrease current
business income tax expenses, record:
Dr 3334 – Business income tax
Cr 8211- Current business income tax expenses.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
In case current income tax of previous years must be paid
additionally, because of unimportant error detected of previous years, and this
additional tax payment is recorded an increase in current income tax expenses
of present year, record:
Dr 8211- Current business income tax expenses
Cr 3334 – Business income tax
In case income tax payables is decreased because of
unimportant errors in previous years, this will be recorded a decrease in
current income tax expenses of present year, record:
Dr 3334 – Business income tax
Cr 8211- Current business income tax expenses.
– At end of accounting period, transferring current income
tax expenses, record:
If Account 8211 has Debit amount greater than Credit amount,
then the differential will be recorded a:
Dr 911 – Income Summary
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
If Account 8211 has Debit amount smaller than Credit amount,
then the differential will be recorded a:
Account 8211- Current business income tax expenses;
Cr 911 – Income Summary
b) Accounting principles of deferred business income tax
expense
– Deferred income taxes expenses incurred during year from
recording deferred income tax payables (positive differential between deferred
income tax incurred in year, and deferred income tax payables which are
returned during the year).
Dr 8212 – Deferred business tax expenses
Cr 347 – deferred income tax payable.
– Deferred income tax expenses incurred during year, which
results from recording deferred income tax fiscal assets recorded from previous
years (which is positive differential between deferred income tax assets which
returned in year and deferred income tax assets incurred during year), record:
Dr 8212 – Deferred business tax expenses
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Decrease recording of deferred income tax expenses
(positive differential between deferred income tax assets induced during year
and deferred income tax assets).
Dr 243 – Deferred business income tax assets.
Cr 8212 – Deferred business tax expenses
– Decrease recording of deferred income tax expenses
(positive differential between deferred income tax payables induced during
year), record:
Dr 347 – Deferred business tax expenses payable
Cr 8212 – Deferred business tax expenses
– At end of account period, posting differential between
Debit and Cr 8212 – Deferred business income tax expenses :
If Account 8212 has Debit amount greater than Credit amount,
than the differential will be recorded a:
Dr 911 – Income Summary
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
If Account 8212 has Debit amount smaller than Credit amount,
then the differential will be recorded a:
Dr 8212 – Deferred business tax expenses
Cr 911 – Income Summary
Article 96. Account 911- Income
summary
1. Accounting principles
This account is used to identify and record results of
operating activity and other activities during an account year. Results of
operating activities of business include: Results of operating activities,
results of financial activities and of other activities.
– Results of operating activities is differential between
net sales and cost of goods sold (including products, goods, investment
properties and services, costs of construction products, costs relating to
investment property business activities, such as: depreciation expenses, costs
of repairs and upgrading, operating lease expenses, expenses of liquidating and
liquidating investment property), selling expenses and General administration
expenses.
– Results of financial activities is differential between
revenues and expenses from financial activities
– Results of other activities are differential between Other
Income and other expenses, and income tax expenses.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) Sales and income items which are posted in this account
are net sales and net income
2. Structure and contents of account 911 – Income summary
Debit side:
– Costs of products, goods, investment perpetration and
services which were sold.
– Costs of financial activities, income tax expenses and
other expenses;
– Selling expenses and General administration expenses;
– Profits transferred
Credit side:
– Net revenues from products, goods, investment properties
and service sold in period;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Losses transferred.
Account 911 does not have ending balance.
3. Method of accounting for several major transactions
At end of account period, transferring net sales to Account
“Determination of business activity”, record:
Dr 511 – Revenues from sales and rendering services
Cr 911 – Income Summary
b) Transferring costs of products, goods, services consumed
in period, expenses related to investment property business activity, such as:
Depreciation expenses, repair and upgrading expenses, operating lease expenses,
expenses of liquidating and transferring investment property, record:
Dr 911 – Income Summary
Cr 631 – Cost of goods sold
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Dr 515 – Revenues from financial activities
Dr 711- Other Income
Cr 911 – Income Summary
d) At end of account period, transferring expenses of
financial activities and other expenses, record:
Dr 911 – Income Summary
Cr 635 – Financial expenses
Cr 881 – Other expenses.
dd) At end of account period, posting current income tax
expenses, record:
Dr 911 – Income Summary
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
e) At end of account period, posting differential between
Debit amount and Credit amount of Account 8212 “Deferred business income tax
expenses”
– If Account 8212 has: Debit amount greater than Credit
amount, then the differential will be recorded a follows:
Dr 911 – Income Summary
Cr 8212 – Deferred business income tax expenses
– If Debit amount of 8212 is smaller than Credit amount of
Account 8212, then posting the differential will be recorded a follows:
Dr 8212 – Deferred business tax expenses
Cr 911 – Income Summary
g) At end of account period, posting selling expenses
incurred during period as follows:
Dr 911 – Income Summary
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
h) At end of account period, transferring General
administration expenses induced during period as follows:
Dr 911 – Income Summary
Cr 642 – General administration expenses.
i) Transferring income in the period to undistributed
post-tax profits:
– Transferring profits, record:
Dr 911 – Income Summary
Cr 421 – undistributed post-tax profits
– Transferring losses, record :
Dr 421 – undistributed post-tax profits
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
k) Periodically, dependent cost-accounting units assigned to
monitor income in the period, but not to monitor undistributed post-tax profits
transfer income in the period to the superior units:
– Transferring losses, record:
Dr 911- – Income Summary
Cr 336 – Inter-company payables
– Transferring losses, record :
Dr 336 – Inter-company payables
Cr 911 – Income Summary
Chapter III
FINANCIAL STATEMENT
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Article 97. Purposes of financial
statement
1. Financial statements are used to provide information
about financial situations, trading performance and cash flows of enterprises,
meet the requirements for management of employers, regulatory agencies and
useful demands of users in making economic decisions. Financial statements must
provide information about an enterprise about :
a) Assets;
b) Liabilities;
c) Owner’s equity;
d) Revenue, other income, production and business costs and
other expenses;
dd) Profit, loss and allocation of income ;
e) The cash flows.
2. In addition to this information, an enterprise must also
provide other information in the “Notes to the Financial Statements”
for further explanation of standards recorded in general financial statements
and accounting policies applied to record the economic transactions arising,
preparation and presentation of financial statements.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1. Periods of annual financial statements: Enterprises must
prepare annual financial statements in accordance with the Law on Accounting.
2. Periods of interim financial statements: Interim financial
statement shall include quarter financial statements (including quarter IV) and
semi-annual financial statements.
3. Periods of other financial statements:
a) Enterprises may establish financial statements in
accordance with other accounting periods (such as week, month, 6 months, 9
months …) as required by law, parent companies or owners.
b) Accounting units divided, splited, amalgamated or
conversed their ownership, dissolved, terminated their operation, bankrupt must
prepare financial statements at the time of division, split, amalgamation or
conversion of ownership, dissolution, termination of activities, bankruptcy.
4. Determination of sum year of financial statements of
financial and statistic agencies.
When summarizing statistics, in case of receipt of financial
statements of enterprises whose fiscal year is different from calendar year,
State management agencies shall comply with the following principles:
a) In case the financial statements of the enterprises begin
on April 1 and end on March 31 annually, the figures on financial statements
shall be summarized statistics on figures of the preceding year;
b) In case the annual financial statements of enterprises
begin on July 1 and end on June 30 annually, financial statements used to
summarize statistics are semi-annual financial statements;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Article 99. Regulated entities ,
preparation responsibilities and signature on financial statements
1. Entities of annual financial statements:
Annual financial statement system is applied to all types of
enterprises in all sectors and economic sectors. Financial statements must be
prepared fully.
2. Entities of interim financial statement (quarterly
financial statements and semi-annual financial statements)
a) Enterprises of which 100% charter capital or controlling
shares is held by the State, units of the public interest must prepare interim
financial statements;
b) Other enterprises which are not subject at point an above
are recommended to prepare interim financial statements (optional).
c) Interim financial statements are prepared fully or
summarily. Unit owners decide to choose the full or summary form for interim
financial statements of their units if it is not contrary to the provisions of
law that the units are subject to adjustment.
3. Superior enterprises whose subordinate units have no
legal status must prepare their own financial statements and summarized
financial statements. The summarized financial statements are prepared on the
basic of including figures from all subordinate units without legal status and
must exclude all figures arising from internal transactions between superior
and subordinate units, among subordinate units.
Subordinate units without legal status must establish their
financial statements in accordance with the reporting period of superior units
to serve summarizing financial statements of superior units and inspection of
state management agencies.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
5. The preparation, presentation and publicity of annual
consolidated financial statements and interim consolidated financial statements
shall comply with the legislation on consolidated financial statements.
6. Signing financial statements must comply with the Law on
Accounting. Units which do not prepare financial statement by themselves but
hire accounting services to prepare financial statements, practitioners of
units of accounting services must sign and write clearly the number of practice
certificate, name and address of Unit provide accounting services. Individual
practitioners must clearly record the number of practicing certificate.
Article 100. Financial reporting
system of enterprises
Financial statement system includes annual financial
statements and interim financial statements. Forms of financial statement are
enclosed in Appendix 2 of this Circular. Items without figures shall not be
presented in financial statement, enterprises actively re-number items of
financial statements in accordance with the principle of continuity in each
section.
1. Annual financial statements include:
– the Balance sheet
Form No B 01-DN
– income statement
Form No B 02-DN
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Form No B 03-DN
– Notes to the Financial Statements
Form No B 09-DN
2. Interim financial statements include:
Full interim financial statements, including:
– Interim the Balance sheet
Form No B 01a – DN
– Interim income statement
Form No B 02a – DN
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Form No B 03a – DN
– Selected notes to the Financial Statements
Form No B 09a – DN
b) Summary interim financial statement, including:
– Interim the Balance sheet
Form No B 01b – DN
– Interim income statement
Form No B 02b – DN
– Interim cash flow statement
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Selected notes to the Financial Statements
Form No B 09a – DN
Article 101. Requirements for
information presented in financial statements
1. Information presented in the financial statements must be
recorded honestly and reasonably the financial situation, trading situation and
income of enterprises. To ensure honesty, the information must be complete,
objective, unmistaken.
– Information is only complete when
including all the necessary information to help users of financial statements
to understand the nature, forms and risks of transactions and events. For some
items, the full presentation must also describe more information about the
quality, the factors and circumstances that may affect the quality and nature
of the items.
– Objective presentation is unbiased
selection or description on financial information. Objective presentation must
ensure neutrality which do not focus, emphasis or reduce as well as perform
other acts to alter the impact of the financial information to become beneficial
or unbeneficial for users of financial statements.
– No errors mean no omissions in the
description of the phenomenon and no errors in the process of providing
reporting information selected and applied. No errors do not mean complete
accuracy in all respects, for example, estimating unobservable cost and value
is difficult to determine to be correct or incorrect. The presentation of an
estimate is considered to be honest, if the estimated value is described
clearly, and the nature and limitation of the estimating process is explained
and there is no error in the selection of appropriate figures in the estimate.
2. Financial information must be
appropriate to help users of financial statements to predict, analyze and make
economic decisions.
3. Financial information must be
presented fully in all important respects. Information is considered to be
important in case information is not sufficient or inaccurate information may
affect the decisions of users of financial information of the reporting unit.
Materiality shall be based on the nature and magnitude, or both, of the
relevant items presented in the financial statements of a particular unit.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
5. Financial information must be
presented consistently and must be comparable among the accounting periods and
enterprises.
Article 102. Principles of
preparation and presentation of financial statements of enterprises meeting
assumption of continuous operation
1. The preparation and presentation of financial statements
must comply with the provisions of Accounting Standards, “Presentation of
financial statements” and other accounting standards related. The
important information must be explained to help users understand the true
financial situation of enterprises.
2. Financial statements must record exactly the economic
substance of transactions and events, rather than the legal form of such
transactions and events (respecting nature rather than form).
3. Assets are not recorded higher than the recoverable value;
Liabilities are not recorded lower than payment obligations.
4. Classification of assets and liabilities: Assets and
liabilities in the Balance sheet must be presented in short and long term; In
short-term and long-term parts, items are sorted under decreasing liquidity.
a) Assets or liabilities whose maturity is within 12 months
or a production cycle, the ordinary business from the time the report is
classified as short-term;
b) Assets and liabilities which are not classified as short
term are classified as long-term.
c) When preparing financial statements, accountants must
reclassify assets and liabilities classified as long-term in the previous
period whose maturity is within 12 months or a production cycle, the ordinary
business from the time the report is classified as short-term.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
6. The items of revenue, income, expenses must be presented
in a consistent principle and ensure the precautionary principle. Income
statement and cash flow statement shall record revenues, income, expenses and
cash flows of the reporting period. Revenues, income, cost of previous period
which have errors affecting income and cash flows must be adjusted
retroactively, not be adjusted in the reporting period.
7. When preparing the consolidated financial statements
between enterprises and the subordinate units which have no legal status in
dependent cost-accounting, balance the internal items of the Balance sheet,
revenues, expenses, profits and losses considered to be unearned arising from
internal transactions must be excluded.
Article 103. Principles of preparation
and presentation of financial statements when changing the accounting period.
When changing the accounting period, for example, change the
accounting period from the calendar year into accounting period other than
calendar year, enterprises must close accounting books, prepare financial
statements in accordance with the following principles:
1. The change in the accounting period must comply with the
provisions of the Law on Accounting. When changing the annual accounting
period, accountants must prepare a separate financial statements for the period
between the two accounting periods of the previous financial year and the new
financial year, for example:
Enterprises with the accounting period in 2014 under
calendar year. In 2015, enterprises switch to the annual accounting year
starting from April 1 of previous year to March 31 of the next year. In this
case, enterprises must establish separate financial statements for the period
from January 01, 2015 to March 31,2015.
2. For the Balance Sheet: All balances of assets,
liabilities and owner’s equity of the accounting period prior to switch are
recorded the opening balance of the new accounting period and are
presented in the “Beginning”.
3. For income statements and cash flow statements: Figures
from the time of change of the accounting period to the end of the first
reporting period are shown in column “This time”. Figures of previous
12 months equivalent to the accounting period of current year are presented in
the “previous”
Example: Following the example above, when presenting column
“Previous” in income statement starting on April 01, 2015 and
ending on March 31, 2016, enterprises must present figures from April 01, 2014
to March 31, 2015.
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
When transforming their ownership, enterprises must close
accounting books, prepare financial statements in accordance with law. In the
first accounting period after the transformation, enterprises must record
accounting books and present financial statement in accordance with the
following principles:
1. For accounting books recording assets, liabilities and
owner’s equity: All balances of assets, liabilities and owner’s equity in the
accounting books of the old enterprises are recorded opening balances in
accounting books of the new enterprises.
2. For the Balance Sheet: All balances of assets,
liabilities and owner’s equity of the old enterprises prior to transformation
are recorded in the opening balance of the new enterprises and are presented in
the “Beginning”.
3. For income statements and cash flow statements: Figures
from the time of transformation to the end of the first reporting period are
shown in column “This time”. Cumulative figures from the beginning of
reporting year to the time of transformation of ownership are presented in the
“previous”
Article 105. Principles of
preparation and presentation of financial statements in division, acquisition
of enterprises
When partially dividing an enterprise into many new
enterprises which have legal status or when acquisiting many enterprises into
another enterprise, the divided or acqquisited enterprises must close
accounting books, prepare financial statement as prescribed by law. In the
first accounting period after division or acquisition, new enterprises must
record accounting books and present financial statement in accordance with the
following principles:
1. For accounting books recording assets, liabilities and
owner’s equity: All balances of assets, liabilities and owner’s equity in the
accounting books of the old enterprises are recorded an incurred balance in
accounting books of the new enterprises. The “Opening balance” in
accounting books of new enterprises has no figures.
2. For the Balance Sheet: All balances of assets,
liabilities and owner’s equity of the old enterprises prior to transformation
are recorded an incurred balance of the new enterprises and are presented in
the “Ending”. The “Beginning” has no figures.
3. For income statements and cash flow statements: Figures
from the time of transformation to the end of the first reporting period are
shown in column “This time”. The “previous” has no figures.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1. When preparing and presenting financial statements,
enterprises must consider the assumption of continuous operation. Enterprises
shall be considered as discontinuous operation if at the expiry of operation,
they do not have applications for extension their operation, schedule of
termination of operations (specific documents submitted to the competent
agencies) or they are requested for dissolution, bankruptcy or termination of operations
within 12 months from the date of the financial statements by competent
agencies. For enterprises with ordinary trading and production cycle for more
than 12 months, it shall be within a production cycle of ordinary trading and
production.
2. In following cases, units are still considered as
continuous operation:
– Equitization of a state-owned enterprise to a joint-stock
company. The financial settlement upon equitization is a special case, in spite
of revaluation of enterprises, revaluation of assets and liabilities,
enterprises essentially maintain their production and trading as usual;
– Transformation of enterprise ownership, eg. a limited
company is transformed into a joint stock company or vice versa;
– Transformation of a unit with the legal status of
independent cost-accounting into a unit without legal status of dependent
cost-accounting or vice versa (for example, a subsidiary is transformed into a
branch or vice versa)
3. In case of not meeting assumption of continuous
operation, enterprises still must present fully financial statements and record
clearly:
– The Balance Sheet applied to enterprises not meeting the
assumption of continuous operation -Form B01 / CDHDD – DNKLT presented in a
separate form;
– Income statement applied to enterprises not meeting the
assumption of continuous operation – Form B02 / CDHDD – DNKLT presented in a
general form similar to enterprises with normal operations;
– cash flow statement applied to enterprises not meeting the
assumption of continuous operation – Form B03 / CDHDD – DNKLT presented in a
general form similar to enterprises with normal operations;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
4. If the assumption of continuous operation is no longer
appropriate at the time of reporting, enterprises must reclassify long-term
assets and long-term liabilities into short-term assets and short- term
liabilities.
5. If the assumption of continuous operation is no longer
appropriate at the time of reporting, enterprises must re-evaluate the entire
assets and liabilities except where third parties have a right to inherit asset
or the obligation to the liabilities according to the book value. Enterprises
must record in the accounting books at re-evaluated prices prior to the Balance
Sheet.
Assets and liabilities shall not be revaluated if a third
party has the right to inherit assets or obligations to liabilities in some
specific cases as follows:
a) In case a unit is dissolved to acquire into another unit,
if the acquired unit commits to inherit all rights and obligations of the
dissolved unit under book value;
b) In case a unit is dissolved to divide into another unit,
if the unit after division commits to inherit all rights and obligations of the
dissolved unit under book value;
c) Any specific asset committed, guaranteed to recovery for
dissolved unit under the book value by another party and the recovery takes
place before the unit officially terminates its operation;
d) Each specific liability committed, guaranteed to pay for
the dissolved unit by a third party and the dissolved unit must only pay for
such third party under book value books;
Re-evaluation is carried out for each type of asset and
liability on the principle:
(a) For assets;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Tangible fixed assets, intangible fixed assets, investment
real property are evaluated lower than the net book value and the recoverable
value at the time of reporting (liquidation price minuses the estimated
liquidation expenses). Finance lease fixed assets, if there is a term requiring
to repurchase, shall be revalued similarly to fixed assets of enterprises, if
they are returned to the lessor, shall be revalued according to the finance
lease liabilities payable to the lessor;
– The cost of fundamental construction in progress is valued
lower between book value and the recoverable value at the time of reporting
(liquidation price minuses the estimated liquidation expenses);
– Trading securities are evaluated according to the fair
values. The fair value of listed securities or securities on UPCOM is defined
as the closing price of the session at the reporting date (or the preceding
session if the market does work on the reporting date);
– Investments in subsidiaries, joint ventures, associates
and other units are recorded at the lower price of book value and recoverable
value at the time of reporting (selling price minuses the estimated selling
costs);
– Investments held to maturity, receivables are valued
according to the actual recoverable amount.
b) For liabilities: In case there is agreement between the
parties in writing of the amount payable, revaluation shall be depended on the
agreed amount. If there is no specific written agreement, it shall be as
follows:
– Debts payable in cash are revalued at a higher price
between the book value of debts payable and debts paid before the deadline as
stipulated by the contract;
– Debts payable in financial assets are revalued at a higher
price between the book value of debts payable and the fair value of such
financial assets at the time of the report;
– Debts payable in inventories are revalued at a higher
price between the book value of liabilities and the purchase price (are plus
directly related costs) or production cost of inventories at the same time of
the report;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) Accounts derived from foreign currencies are revalued at
the actual exchange rate at the time of reporting as usual.
6. Accounting method of some assets when enterprises do not
meet the assumption of continuous operation:
a) Setting up provision or evaluating asset loss is recorded
a decrease directly in the book value of assets, provision in account 229 –
“Provision for asset losses” shall not be made;
b) The calculation of depreciation or recording losses of
fixed assets, investment real property is recorded a decrease in the book value
of assets, account 214 shall not be used to record accumulated depreciation .
7. When assumption of continuous operation is no longer
appropriate, enterprises must handle several following financial problems:
– Advancing costs to determine income for the expected
losses arising in the future if the possibility of arising loss is probable and
the value of the losses are estimated reliably; Recording current obligations
for the liabilities, including cases of insufficient documents (such as volume
acceptance records of contractors ..) which are surely paid;
– For differences upon accumulated asset revaluation of
owner’s equity, after handling tangible, intangible fixed assets, investment
real property, the rest is transferred to other income (if profit) or other
expenses (if loss);
– For exchange differences recorded a accumulation in the
balance sheet (such as exchange differences arising from the conversion of
financial statements), enterprises shall transfer all to financial income (if
profit) or financial expense (if loss);
– Unallocated prepaid expenses such as goodwill arising from
business acquisition which does not lead to the parent-subsidiary relationship,
goodwill in equitization, tools and instruments delivered for use, cost of
enterprise establishment, cost of commence stage … are all recorded a
decrease to include in cost during the period. Prepaid expenses related to the
lease of assets, prepaying interest are calculated and allocated to match the
remaining actual prepaid time until official termination;
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The differences of profit or loss upon revaluation of
assets and liabilities after offsetting the provision set up (if any) are
recorded in financial income, other income or financial expense and other
expenses, depending on the specific items similar to recording of operating
enterprises.
8. In case the assumption of continuous operation is no
longer appropriate at the time of the report, enterprises must explain in
detail the ability to pay cash and liabilities, owner’s equity for shareholders
and explain the reasons for not being comparable between information of
reporting period and information of comparison period, namely:
– The recoverable amount from the liquidation or sale of
assets, recovery of liabilities;
– Ability to pay liabilities in order of priority, such as
the ability to pay to the State budget, workers, loan, providers;
– Ability to pay to owners, for joint-stock companies, the
ability of how much that each stock will receive shall be announced clearly;
– The time for payment of liabilities and owner’s equity.
– Reasons for incomparable information of reporting period
and comparative period: Due to previous period, enterprises present financial
statements in accordance with the principle of continuous operating
enterprises; in reporting periods when enterprises are going to dissolve,
bankrupt or terminate their operations under decisions of competent agencies
(specify the name of the agency, the number of the decision) or the Board of
Directors have plans under the documents( number, date) financial statements
shall be presented in accordance with other principles.
Article 107. Currency used for the
financial statements as publicized and submitted to functional agencies in
State management in Vietnam
1. Financial statements used to publicize and submit to
functional agencies in State management in Vietnam must be presented in Vietnam
Dong. In case enterprises make financial statements in foreign currency, they
must convert financial statements into Vietnam dong when they are publicized
and submitted to functional agencies in State management in Vietnam.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
a) When converting financial statements prepared in foreign
currencies into Vietnam dong, accountants must convert the norms of financial
statements in accordance with the following principles:
– Assets and liabilities are converted into Vietnam dong at
the actual exchange rate at the end of period (the transfer rate of a
commercial bank where enterprises regularly trade at the time of the report);
– Owner’s equity (contributed capital of owners, share
premium or other capital, conversion option of bonds) is converted into Vietnam
dong at the actual exchange rate at the date of contribution of capital;
– Foreign exchange differences and differences upon asset
revaluation are converted into Vietnam dong at the actual exchange rate at the
date of valuation;
– Undistributed post-tax profits, funds deducted from
undistributed post-tax profits the arising after the investment are converted
into Vietnam dong by calculating according to items of income statements;
– Profits, dividends payable shall be converted into Vietnam
dong at the actual exchange rate at the date of payment of income, dividends;
– Items of income statements and cash flow statements are
converted into Vietnam dong at the actual exchange rate at the time of the
transaction. In case the average exchange rates of the accounting period is
approximate the actual rate at the time of the transaction (the difference does
not exceed 3%), it can be applied in the average exchange rate (if optional).
b) Accounting method of exchange differences due to
conversion of financial statements prepared in foreign currencies into Vietnam
Dong.
Foreign exchange differences arising when converting
financial statements prepared in foreign currencies into Vietnam Dong under the
item “exchange rate differences” – No. 417 of the owner’s equity of
the Balance sheet.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
1. When changing the accounting currency, in the first
period after the change, accountants convert the balances of accounting books
into the currency of the new accounting at the transfer rate of a commercial
bank where enterprises frequently trade at the date of conversion of currency
in accounting.
2. The rate applied to comparative information (previous
column) in income statements and cash flow statements:
When presenting comparative information in income statements
and cash flow statements of the period of conversion of currency in accounting,
units apply the average transfer rate of the period preceding the change period
(if the average exchange rate is approximate the actual cost).
3. When changing the currency in accounting, enterprises
must present clearly in the notes to financial statements reasons of change of
the currency in the accounting and impacts (if any) for financial statement due
to changes in currency in accounting.
Article 109. Deadline for submission
of financial statements
1. For state-owned enterprises
a) Deadline for submission of quarterly financial
statements:
– Accounting unit must submit quarter financial statements
at the latest 20 days from the end of the quarterly accounting period; It is at
the latest 45 days for the parent companies, state-owned general companies;
– accounting unit affiliated enterprises, state-owned
general companies submit quarter financial statements to parent companies,
general companies under the time limit set by parent companies, general
companies.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Accounting unit must submit annual financial statements at
the latest 30 days from the end of the annual accounting period; It is at the
latest 90 days for the parent companies, state-owned general companies;
– Accounting unit affiliated state-owned general companies
submit annual financial statements to parent companies, general companies under
the time limit set by parent companies, general companies.
2. For other types of enterprises
accounting unit being private enterprises and partnership
must submit annual financial statements at the latest 30 days from the end of
annual accounting period; for other accounting units, the deadline for
submission of annual financial statements is within 90 days;
b) Subordinate accounting unit affiliated submit annual
financial statements to superior accounting unit within the time limit given by
the superior accounting units
Article 110. Recipients of financial
statements
Recipients of financial
statements
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Period of reports
Financial agencies
Tax agencies
Statistics agencies
Superior enterprises
Business registration
agencies
1. State-owned enterprises
Quarterly, yearly
x
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
x
x
x
x
2. Foreign-invested enterprises
Yearly
x
x
x
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
x
3. Other types of enterprises
Yearly
x
x
x
x
1. State-owned enterprises in central-affiliated cities and
provinces must prepare and submit financial statement to the Service of Finance
in central-affiliated cities and provinces. Central state-owned enterprises
must submit financial statements to the Ministry of Finance (Department of
Corporate Finance).
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Securities trading companies and public companies must
submit financial statements to the State Securities Commission and the Stock
Exchange.
2. Enterprises must submit financial statements to
supervisory tax authority in local. State-owned general companies must submit
financial statements to the Ministry of Finance (General Department of
Taxation).
3. Enterprises having superior accounting units must submit
financial statements to the superior accounting unit in accordance with the
provisions of the superior accounting units.
4. Enterprises required for financial audit by law must be
audited prior to submission of financial statements in accordance with
regulations. The financial statements of enterprises audited must be enclosed
with the audit report when being submitted to State management agencies
superior enterprises.
5. The financial agency to which enterprises have foreign
direct investment (FDI) must submit financial statements is the Service of
Finance in central-affiliated cities and provinces where the enterprises
register their main business office .
6. state-owned enterprises owning 100% of the charter
capital, in addition to the agencies where enterprises must submit financial
statements as defined above, they must also submit financial statements to the
agencies, organizations assigned, decentralized to exercise rights of owners
under Decree No. 99/2012 / ND-CP and documents amending, supplementing,
replacing.
7. Enterprises (including domestic enterprises and
foreign-invested enterprises ) whose headquarters are in processing and
exporting zones, industrial zones, hi-tech zones must also submit annual
financial statements to the management board of processing and exporting zones
, industrial zones , hi-tech zones if required.
SECTION 2. CONTENT AND METHOD OF
PREPARATION OF FINANCIAL STATEMENTS
Article 111. General information
about enterprises
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Name and address of the reporting enterprise;
– Specification of separate financial statements of the
business, combined financial statements or consolidated financial statements of
the parent company, corporation;
– Ending date of the accounting period ;
– Date of the financial statements:
– Currency used in accounting books;
– Currency used for preparation and presentation of
financial statements.
Article 112. Guidelines on
preparation and presentation of annual Balance sheet
1. Preparation and presentation of Balance sheet of
enterprises meeting the assumption of continuous operation.
Purposes of the Balance sheet
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Principles of preparation and presentation of the Balance
Sheet
Under the provisions of Accounting Standards,
“Presentation of financial statements” when the balance sheet is
prepared and presented, the general principles of preparation and presentation
of financial statements must be complied with. Also, on the balance sheet, the
assets and liabilities should be presented separately as short-term and
long-term, depending on the duration of the normal operating cycle of
enterprises, namely as follows:
a) For enterprises with normal operating cycle within 12
months, the assets and liabilities are classified as short-term and long-term according
to the following principles:
– Assets and liabilities are recovered or paid within 12
months from the time the balance sheet is classified as short-term;
– Assets and liabilities are recovered or paid for 12 months
or more from the time the balance sheet date are classified as long-term.
a) For enterprises with normal operating cycle longer than
12 months, assets and liabilities are classified as short-term and long-term
according to the following principles:
– Assets and liabilities are recovered or paid within a
normal operating cycle are classified as short-term;
– Assets and liabilities are recovered or paid in a time
that is longer than a normal operating cycle are classified as long-term.
In this case, enterprises must clearly explain the characteristics
to determine the normal operating cycle, the average duration of a normal
operating cycle, the evidence of the production and trading cycle of
enterprises as well as of operation sectors of enterprises.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
When preparing the combined balance sheet between the
superior unit and subordinate unit which have no legal status, the superior
unit must eliminate all balances of items arising from the internal
transactions, such as amounts receivable and payable, internal loans…between
the superior unit and the subordinate unit, among the subordinate units.
The technique of elimination internal items in summarizing
Reports between superior units and dependent cost-accounting subordinate units
is similar to the technique of consolidated financial statements.
Items without figures are exempted from presentation on the
Balance sheet. Enterprises actively re-number of the items under the continuity
principle in each section.
Basis for preparation of the Balance Sheet
– Based on the general accounting books;
– Based on detailed accounting books, cards on detailed
summary sheet;
– Based on the balance sheet of previous accounting year (to
present the first column).
Content and methods of setting up items in balance sheet of
enterprises to meet the assumption of continuous operation (Form B01-DN)
a) Short-term assets (Code 100)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Code 100 = Code 110 + code 120 + Code 130 + code 140
+ code 150.
– Cash and cash equivalents (Code 110)
They are general items to record the total current cash and
cash equivalents of enterprises at the time of reporting, including: cash in
hand, deposits (demand deposits), cash in transit and the cash equivalents of
enterprises. Code 110 = code 111 + Code112.
Cash (Code 111)
It is a general item to record the total current cash of
enterprises at the time of reporting, including: cash in hand, demand deposits
and cash in transit. Figures recorded in item “Cash” are the total debit
balance of account 111 “Cash”, 112 “ deposits” and 113 “ Cash in transit”
Cash equivalents (Code 112)
This item records the short-term investments with maturity
less than 3 months from the date investment can be converted easily into a
certain amount of cash and there is no risk in conversion into cash at the time
of reporting.
Figures recorded in this item shall mainly base on the
detailed debit balance of account details Debt 1281 “term deposits”
(details of deposits with maturity of 3 months) and accounts 1288 ” Other
investments held to maturity “(details of eligible items classified as
cash equivalents). In addition, the reporting process, if the items recorded in
other accounts are found to meet the definition of cash equivalents,
accountants shall be permitted to present in this item. Cash equivalents may
include: Bank exchange bills, treasury bills, bank deposits with an original
maturity of 3 months …
These amounts previously classified as cash equivalents but
unrecovered over maturity are presented in other items in accordance with the
contents of each item.
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Short-term financial investments (Code 120)
It is a general item records the total value of short-term
investments (after deduction of provision for decrease in value of trading
securities ), including: Securities held for trading purposes, investments
held-to-maturity and other investments with the remaining term within 12 months
from the time of reporting.
Short-term investments recorded in this item excluding
short-term investments presented in the item “cash equivalents” and
item “receivables from short-term loans”.
Code 120 = Code 121 + code 122 + Code 123.
Trading securities (Code 121)
This item records the value of securities and other
financial instruments held for trading purposes at the time of reporting (held
for the purpose of waiting for increase in price to sell for profit). This item
may include unsecuritized financial instruments, such as commercial papers,
forward contracts, swap contracts … held for trading purposes. Figures
recorded in this item are debit balance of the account 121 – “trading
securities”.
Provision for decrease in value of trading securities (Code
122)
This item records the provision for decrease in value of
trading securities at the time of reporting. Figures recorded in this item is
credit balance of account 2291 ” provision for decrease in value of
trading securities” and is recorded in negative number under the form of
parentheses (…).
Investments held to maturity (Code 123)
…
…
…
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– Short-term receivables (Code 130)
It is a general item recording the total value of short-term
receivables with recovery term within 12 months or within a normal operating
cycle at the time of the report (after subtracting the provisions for bad
short-term receivables), such as: receivables of customer, prepayments to
suppliers, internal receivables, receivables according to the progress of
construction contracts, receivables for loans and other short-time receivables.
Code 130 = Code
131 + Code 132 + Code 133 + Code 134 + Code 135 + Code 136 + Code 137 + Code
139
Short-term receivables from customers (Code 131)
This item records the amounts receivable from customer with
the remaining recovery term within 12 months or within a normal operating cycle
at the time of reporting. Figures recorded in this item shall be based on the
total debit balance of account 131 “receivables from customer ”
opened for each customer.
Prepayments to sellers in short-term (Code 132)
This item records the amount prepaid to the seller within 12
months or within a normal operating cycle to purchase assets but assets have
not been delivered at time of reporting. Figures recorded in this item are
based on total amounts arising detailed debts of Account 331 “Payables to
suppliers” opened according to each seller.
Short-term intercompany receivables (Code 133)
This item records the receivables between the superior unit
and the subordinate unit which has no legal status in dependent cost-accounting
and between subordinate units which have no legal status in dependent
cost-accounting in payment relationship besides capital allocation
relationship, with the remaining recovery term within 12 months, or in a normal
operating cycle at the time of reporting. Figures recorded in this item are the
debit balance accounts 1362, 1363, 1368 in accounting books detailing Account
136. When the superior units prepare combined financial statement with
subordinate units in dependent cost-accounting, this item is offset with the
item “short-term intercompany payables” in the balance sheet of
dependent cost-accounting units.
Receivables according to the progress of construction
contracts (Code 134)
…
…
…
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0906 22 99 66
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Short-term loan receivables (Code 135)
This item records the loans (not including the content
recorded in the item “Investments held to maturity”) which have
recovery term within 12 months or in a normal operating cycle at the time of
reporting, such as loans by agreements, contracts between the two parties.
Figures recorded in this item are the debit balance of accounts 1283 –
Loans
Other short-term receivables (Code 136)
This item records other receivables with the remaining
recovery term within 12 months or within a normal operating cycle at the time
of reporting, such as receivables of expenditures, interest, dividends,
advances, pledge, deposit, temporary loan … that enterprises are entitled to
recover within 12 months. Figures recorded in this item are the detailed
debit balance of accounts : 1385, TK1388, TK334, TK338, TK 141 TK 244. Figures
recorded in this item are the detailed debit balance of accounts : 1385, 1388,
334, 338, 141, 244.
Provision for uncollectible short-term receivables (Code
137)
This item records the provision for uncollectible short-term
receivables at the time of reporting. Figures recorded in this item are
detailed credit balance in account 2293, “Provision for bad debts”,
detailed provisions for uncollectible short-term receivable and are recorded in
negative number under the form of parentheses (…).
Shortage of assets awaiting resolution (code 139)
…
…
…
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DĐ:
0906 22 99 66
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– Inventories (Code 140)
It is a general item recording the total current value of
inventories for the production and trading of enterprises (net of provision
against devaluation of goods in stock) until the time of reporting. Code 141 =
Code 141 + Code 149.
Inventories (Code 141)
This item records the total value of inventories owned by
the enterprises, rotated in a normal operating cycle at the time of reporting.
This item does not include the value of costs of long-term work in progress and
the value of equipment, materials, long-term spare parts. Figures recorded in
this item are the debit balance of account 151 – “Goods in transit”,
account 152 – “Raw materials, materials”, account 153 – “tools
and instruments” account 154 – “The cost of work in progress”,
account 155 – “finished products “, account 156 – “Goods”,
account 157 – “Goods sent for sale”, account 158 - ” goods in
tax-suspension warehouse “
Costs of work in progress beyond a normal operating cycle
which do not meet the definition of inventory in accordance with Accounting
Standards are not presented in this item but are presented in item “costs
of long-term work in progress “- Code 241.
Equipment, supplies, spare parts over 12 months or beyond a
normal operating cycle do not meet the definition of inventory under Accounting
Standards are not presented in this item but are presented in item ”
long-term equipment, supplies, spare parts “- Code 263.
…
…
…
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This item records the provision for devaluation of goods in
stock at the time of reporting, after deduction of provision for devaluation
set up for costs of long-term work in progress. Figures recorded in this item
are the credit balance of account 2294 “Provision for devaluation of goods
in stock”, details of provisions for the items are presented as inventory
in item code 141 and recorded in negative under the form of parentheses:
(…).This item does not include provision for devaluation of costs of
long-term work in progress and long term equipment, materials, spare parts.
– Other short-term assets (Code 150)
It is a general item recording the total value of other
short-term assets with recovery or use term within 12 months at the time of
reporting, such as short-term prepaid expenses, deductible VAT, taxes
receivable, purchase and resale of government bonds and other short-term assets
at the time of reporting. Code 150 = Code 151 + code 152 + Code 153 + code 154 + code
155.
Short-term prepaid expenses (code 151)
This item records the prepaid amount for the provision of
goods or services within 12 months or a normal operating cycle from the time of
prepayment. Figures recorded in the item “short-term prepaid
expenses” are detailed Debit balance of Account 242 “prepaid
expenses”.
Deductible VAT (Code 152)
This item records the deductible VAT and refunded VAT by the
end of the reporting year. Figures recorded in the item ” deductible
VAT” are based on the Debit balance of Account 133 ” deductible
VAT.”
Taxes and other revenues to the state (Code 153)
This item records tax and other amounts overpaid to the
State at the time of reporting. Figures recorded in the item “Taxes and
other revenues to the state” are based on detailed Debit balance of
Account 333 “Tax and other payables to the State” on the detailed
accounting books of account 333.
…
…
…
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This item records the value of government bonds of the
purchaser before the expiration of the contract of resale at the time of
reporting. Figures recorded in the item “Purchase and resale of government
bonds,” are the Debit balance of Account 171 – “purchase and resale
of government bonds.”
Other short-term assets (Code 155)
This item records the value of short-term assets, such as
precious metals, jewels (not classified as inventories), investments held
awaiting increase in price to sell for profit are not classified as investment
real properties such as paintings, photographs, and other valuable articles.
Figures recorded in this item are in the debit balance of account 2288 –
“Other Investments”
b) Long-term assets (Code 200)
This item records the value of assets which are not recorded
in the item of short-term assets. Long-term assets are assets with maturity of
more than 12 months or at the time of reporting, such as long-term receivable,
fixed assets, investment real property, long-term financial investment and
long-term assets. Code 200 = Code 210 + Code 220 + Code 230 + Code 240 + Code 250 + Code
260.
– Long-term receivables (Code 210)
It is a general item recording the total value of the
receivables with recovery term of more than 12 months or more than a operating
and trading cycle at the time of reporting, such as: receivables from customer,
business capital in subordinate units, internal receivables, loan receivables,
other receivables (net of provision for uncollectible long-term receivables). Code 210 = Code 211 +
Code 212 + Code 213 + Code 214 + Code 215 + Code 216 + Code 219.
Long-term receivables from customers (Code 211)
This item records the amounts receivable from customer with
the recovery term of more than 12 months or more than one normal operating
cycle at the time of reporting. Figures recorded in this item shall be based on
the details of debit balance of account 131 “receivables from customer
” opened for each customer.
…
…
…
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DĐ:
0906 22 99 66
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This item records the amount prepaid to the seller for
more than 12 months or more than one normal operating cycle to purchase assets
but assets have not been delivered at time of reporting. Figures recorded in
this item are based on total amounts arising detailed debts of Account 331 “Payables
to suppliers” opened according to each seller.
Working capital provided to subordinate units (Code 213)
This item only recorded in the balance sheet of superior
units records the working capital allocated to subordinate units which have no
legal status in dependent cost-accounting. When setting up the general balance
sheet total of the whole enterprise, this item is offset with the item
“intercompany payables on working capital” (Code 333) or item
“Contributions from owners’ ( Code 411) in the Balance Sheet of the
dependent cost-accounting units, details of the capital received from the
superior units. Figures recorded in this item shall be based on the debit
balances of account 1361 “Working capital provided to subordinate
units”.
Long-term intercompany receivables (Code 214)
This item records the receivables between the superior unit
and the subordinate unit which has no legal status in dependent cost-accounting
and between subordinate units which have no legal status in dependent
cost-accounting in payment relationship besides capital allocation
relationship, with the remaining recovery term of more than 12 months, or more
than a normal operating cycle at the time of reporting. Figures recorded in
this item are based on the debit balance accounts 1362, 1363, 1368 in
accounting books detailing Account 136. When the superior units prepare
combined financial statement with subordinate units in dependent
cost-accounting, this item is offset with the item “long-term intercompany
payables” in the balance sheet of dependent cost-accounting units.
Receivables on long-term loans (Code 215)
This item records the loans by agreements, contracts between
two parties (including the content recorded in the item “Investments held
to maturity”) which have recovery term of more than 12 months at the time
of reporting. Figures recorded in this item are based on the debit balance of
accounts 1283 – Loans
Other long-term receivables (Code 216)
This item records other receivables with the remaining
recovery term of more than 12 months or more than a normal operating cycle at
the time of reporting, such as receivables of expenditures, interest,
dividends, advances, pledge, deposit, loan … that enterprises are entitled to
recover. Figures recorded in this item are based on the detailed debit balance
of accounts :1385, 1388, 334, 338, 141, 244.Provision for doubtful
long-term receivables (Code 219)
…
…
…
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– Fixed assets ( code 220)
It is a general item recording the net book value (Costs
minus the value of accumulated depreciation) of fixed assets at the time of
reporting. Code 220 = Code 221+ Code 224 + Code 227.
– Tangible fixed assets (code 221)
It is a general item recording the net book value of
tangible fixed assets at the time of reporting. Code 221 = Code 221+ Code 223.
Costs (Code 222)
This item records the total costs of tangible fixed assets
at the time of reporting. Figures recorded in this item are the debit balance
of Account 211 “tangible fixed assets”.
Value of accumulated depreciation (Code 223)
This item records the total depreciation value of tangible
fixed assets accumulated at the time of reporting. Figures recorded in this
item are the credit balances of account 2141 ” depreciation of tangible
fixed assets” and are recorded in negative number under the form of parentheses
(…).
– Finance lease fixed asset (Code 224)
…
…
…
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Costs (Code 225)
This item records the total costs of finance lease fixed
assets at the time of reporting. Figures recorded in this item are the debit
balance of Account 212 ” Finance lease fixed assets”.
Value of accumulated depreciation (Code 226)
This item records the total depreciation value of finance
lease fixed assets accumulated at the time of reporting. Figures recorded in
this item are the credit balances of account 2142 ” depreciation of
finance lease fixed assets” and are recorded in negative number under the form
of parentheses (…).
– Intangible fixed assets (code 227)
It is a general item recording the total net book value of
intangible fixed assets at the time of reporting. Code 227 = Code 228+ Code
229.
Costs (Code 228)
This item records the total costs of intangible fixed assets
at the time of reporting. Figures recorded in this item are the debit balance
of Account 213 “intangible fixed assets”.
Value of accumulated depreciation (Code 229)
…
…
…
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It is a general item recording the total net book value of
investment real property at the time of reporting. Code 230 = Code 231+ Code
232.
Costs (Code 231)
This item records the total cost of investment real property
at the time of reporting after deduction of losses due to devaluation of
investment real property held for increase in price. Figures recorded in this
item are the debit balance of Account 217 ” Investment real
property”.
Value of accumulated depreciation (Code 232)
This item records the total depreciation value of investment
real property used for lease at the time of reporting. Figures recorded in this
item are the credit balances of account 2147 ” depreciation of investment
real property” and are recorded in negative number under the form of
parentheses (…).
Long-term unfinished assets (Code 240)
It is a general item recording the value of cost of
long-term work in progress and cost of long-term construction in progress at
the time of reporting. Code 240 = Code 241 + Code 242.
Cost of long-term work in progress ( Code 241)
Costs of long-term works in progress are expected costs to
produce inventory but production is delayed, interrupted or temporarily
suspended for more than one normal operating cycle of the enterprises at the
time of reporting. This item is often used to present projects in progress of
investors of real properties for sale which have slow commencement, slow
progress.
…
…
…
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Cost of construction in progress (Code 242)
This item records the total value of fixed assets that are
being purchased, the cost of capital investment, the costs of great repair of
fixed assets in progress or completed but not yet transferred or put in use.
Figures recorded in this item are the debit balance of Account Debit 241
“Construction in progress”
– Long-term financial investments (Code 250)
It is a general indicator recording the total value of
long-term financial investments at the time of reporting (after deducting
provision for investment losses in other units), such as: Investments in
subsidiaries, Investments in associates and joint ventures, investments in
other units, investments held to maturity with remaining maturity of more than
12 months or more than one operating cycle. Code 250 = Code 251 + Code 252 +
Code 253 + Code 254 + Code 255.
Investments in subsidiaries (Code 251)
This item records the value of investments in subsidiaries
and subordinate units which have legal status in independent accounting which
is essential subsidiaries (irrespective of the name or form of unit ) at the
time of reporting. Figures recorded in this item are the debit balance of
Account 221 “Investments in subsidiaries”.
Investments in associated companies and joint-ventures (Code
252)
This item records the value of investments in associated
companies and joint ventures at the time of reporting. Figures recorded in this
item are the total debit balance of Account 222 “Investments in associated
companies and joint ventures”.
Investments in other units (Code 253)
…
…
…
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Provisions for long-term financial investments (Code 254)
This item records the provision for investment losses in
other units because invested units suffer losses and investors may loss their
capital at the time of reporting. Figures recorded in this item are the credit
balance of account 2292 “Provision for investment losses in other
units” and are recorded in negative number under the form of parentheses
(…).
Investments held to maturity (Code 255)
This item records the investments held to maturity with the
remaining term of more than 12 months from the time of reporting, such as term
deposits, bonds, commercial papers and other debt securities. This item does
not include loans recorded in item “receivables on long-term loans”.
Figures recorded in this item are debit balances of accounts 1281, 1282, 1288.
– Other long-term assets (Code 260)
It is a general item recording the total value of other
long-term assets with maturity of more than 12 months at the time of reporting,
such as long-term prepaid expenses, deferred income tax assets and long-term
assets which are not presented in other items at the time of reporting. Code
260 = Code 261 + Code 262 + Code 268.
Long-term prepaid expenses (code 261)
This item records the amount prepaid for the provision of
goods and services with a term of more than 12 months or more than one normal
operating cycle since the time of prepayment; Goodwill and business advantage
unallocated to expense at the time of reporting. Figures recorded in item
“long-term prepaid expenses” are the Debit balance of Account 242
“prepaid expenses”. Enterprises do not reclassify long-term prepaid
expenses as short-term prepaid expenses.
Deferred income tax assets (Code 262)
…
…
…
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0906 22 99 66
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If the taxable temporary differences and deductible
temporary differences are related to the same taxpayer and are settled at the
same tax authority, deferred tax payable is offset to deferred tax assets. In
this case, the item “Deferred income tax assets” records the
difference between the deferred income tax assets which is greater than the
deferred income tax payable.
Long term equipment, supplies and spare parts (Code 263)
This item records the net value (after deducting provision
for devaluation) of equipment, materials and spare parts used for storage,
replacement, preventing damage of assets but are not qualify for classification
as fixed assets and are not classified as inventory due to having storage time
of more than 12 months, or more than one normal operating cycle. Figures
recorded in this item are based on detailed balance of account 1534 –
“equipment, spare parts” (details of parts and equipment replacement
stored for long-term) and detailed credit balance of account 2294 –
“Provision for devaluation of inventories”.
Other long-term assets (Code 268)
This item records the value of long-term assets other than
the long-term assets mentioned above, such as valuable articles for display,
museum, traditional introduction, history … which are not classified as fixed
assets and are not intended for sale within 12 months from the time of
reporting. Figures recorded in this item are based on detailed balance of
account 2288.
c) Total assets (Code 270)
It is a general indicator recording the total value of
current assets of enterprises at the time of reporting, including short-term
assets and long-term assets.
Code 270 = Code 100 + Code 200.
d) Liabilities (Code 300)
…
…
…
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e) Short-term debt (Code 310)
It is a general item recording the total value of the debts
payable with payment term of within 12 months or less than one normal
operating, such as loans and short-term finance lease liabilities or supplier
payables, taxes and payables to the State and employees, payable costs,
inter-company payables, unearned revenue, provisions payable… at the time of
reporting. Code
310 = Code 311 + Code 312 + Code 313 + Code 314 + Code 315 + Code 316 + Code
317 + Code 318 + Code 319 + Code 320 + Code 321 + Code 322 + Code 323 + Code
324.
Short-term supplier payables (Code 311)
This item records the amount payable to the seller with
payment term of within 12 months or within one operating cycle at the time of
reporting. Figures recorded in this item are based on the credit balance of
account 331 “supplier payable” open in detail for each seller.
Short-term deferred revenues (Code 312)
This item records the amount advanced by the purchaser to
buy products, goods, services, fixed assets, investment real property and
enterprises must provide services within 12 months or within one normal
operating cycle at the time of the report (not including the revenue received
in advance). Figures recorded in this item are based on the arising credit
amount in detail of account 131 “receivables from customers ” opened
in details for each customer.
Taxes and other payables to State (Code 313)
This item records the total amounts that enterprises must
pay to the State at the time of reporting, including taxes, fees, charges and
other payables. Figures recorded in this item are based on detailed credit
balance of account 333 “Tax and other payables to the State”.
Payables to employees (Code 314)
…
…
…
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Short-term expenses payable (code 315)
This item records the value of debts payable due to receipt
of goods and services without invoice or expenses of the reporting period which
have not had sufficient records and documents but shall definitely arise must
be calculated into the cost of production, business and shall be paid within 12
months or within the next one normal operating cycle at the time of reporting,
such as vacation pay accruals, interest payable … Figures recorded in this
item are based on detailed credit balance of account 335 “Accrued
expenses”.
Short-term intercompany payables (Code 316)
This item records the intercompany payables with the
remaining recovery term within 12 months, or in a normal operating cycle at the
time of reporting ( besides payable to business capital) between the superior
unit and the subordinate unit which has no legal status in dependent
cost-accounting and between subordinate units in an enterprise. Figures
recorded in this item are based on the detailed credit balance accounts 1362,
1363, 1368. When the superior units prepare combined financial statement with
subordinate units in dependent cost-accounting, this item is offset with the
item “short-term intercompany receivables” in the balance sheet of
dependent cost-accounting units.
Payables according to the progress of construction contracts
(Code 317)
This item records the difference between total cumulative
amount customers must pay according to the progress which is greater than the
recorded accumulative revenue in proportion to the completed work by the end of
the reporting period of construction contracts in progress. Figures recorded in
this item shall be based on the credit Balance of account 337 ” Payments
under the progress of plan of construction contracts”
Short-term unearned revenue (Code 318)
This item records the unearned revenues corresponding to the
obligations which enterprises shall fulfill within the next 12 months or one
normal operating cycle at the time of reporting. Figures recorded in this item
are detailed credit balance of account 3387 – “Unearned revenue”.
Other short-term payables (Code 319)
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…
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Short-term loans and finance lease liabilities (Code 320)
This item records the total value of amounts that
enterprises borrow and owe to banks, institutions, finance companies and other
entities with maturities of within 12 months at the time of reporting. Figures
recorded in this item are based on the detailed credit balance of accounts 341
and 34311 (details of payments which due in the next 12 months)
Provision for short term payables (Code 321)
This item records the provision for amounts expected to be
paid within 12 months, or within one next normal operating cycle at the time of
reporting, such as provisions for warranty for products, goods, construction,
provisions for restructuring, accrued expense for periodic repair of fixed
assets, costs for environmental reconstitution… The provisions payable are
often estimated which are not sure about the right time of payment, value
payable and enterprises have not received goods and services from suppliers.
Figures recorded in this item are based on the credit balance of account 352
“Provisions payable”.
Bonus and bonus and welfare fund ( Code 322)
This item records bonus funds, bonus and welfare funds,
reward fund of the executive management board unused at the time of reporting.
Figures recorded in this item are the credit balance of account 353 “Bonus
and bonus and welfare funds”.
Price stabilization fund ( Code 323)
This item records the value of current price stabilization
Fund at the time of reporting. Figures recorded in this item are the Credit
balance of account 357 – Price Stabilization Fund.
Purchase and resale of government bonds (Code 324)
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DĐ:
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g) Long-term liabilities (Code 330)
It is a general item recording the total value of long-term
debt of enterprises including debt with the remaining payment term of 12 months
or one normal operating cycle or more at the time of reporting, such as:
payables to suppliers, internal payables and other long-term liabilities,
long-term loans and finance lease liabilities… at the time of reporting. Code 330 = Code 331 + Code
332 + Code 333 + Code 334 + Code 335 + Code 336 + Code 337 + Code 338 + Code
339 + Code 340 + Code 341 + Code 342 + Code 343.
Long-term supplier payables (Code 331)
This item records the amount payable to the seller with
payment term of more than 12 months or more than one operating cycle at the
time of reporting. Figures recorded in this item are based on the Credit
balance of account 331 “supplier payables” opened in detail for each
seller.
Long-term deferred revenues (Code 332)
This item records the amount advanced by the purchaser to
buy products, goods, services, fixed assets, investment real property and
enterprises must provide services for more than 12 months or more than one
normal operating cycle at the time of the report (not including the revenue
received in advance). Figures recorded in this item are based on the credit
arising amount in detail of account 131 “receivables from customers ”
opened in details for each customer.
Long-term expenses payable (code 333)
This item records the value of debts payable due to receipt
of goods and services without invoice or expenses of the reporting period which
have not had sufficient records and documents but shall be definitely arisen
must be calculated into the cost of production, business and shall be paid
after 12 months or after the next one normal operating cycle at the time of
reporting, such interest payable of reporting period which is paid at the
maturity of the long –term loan contract. Figures recorded in this item are
based on detailed credit balance of account 335 “Accrued expenses”.
Intercompany payables on working capital (Code 334)
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DĐ:
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Items are only recorded in the balance Sheet of subordinate
units without legal status in dependent accounting, recording the amounts that
subordinate units must pay to their superior units the working capital.
Figures recorded in this item shall be based on the credit
balances of account 3361 “Intercompany payables on working capital “.
When superior units set up the general balance sheet total of the whole
enterprise, this item is offset with the item ” working capital provided
to subordinate units” in the Balance sheet of superior units.
Long-term intercompany payables (Code 335)
This item records the intercompany payables with the
remaining payment term of more than 12 months, or more than one normal
operating cycle at the time of reporting (besides payable on working capital)
between the superior unit and the subordinate unit which has no legal status in
dependent cost-accounting and between subordinate units in an enterprise.
Figures recorded in this item are based on the detailed credit balance accounts
3362, 3363, 3368. When the superior units prepare combined financial statement
with subordinate units in dependent cost-accounting, this item is offset with
the item “long-term intercompany receivables” in the balance sheet of
dependent cost-accounting units.
Long-term unearned revenue (Code 336)
This item records the unearned revenues corresponding to the
obligations which enterprises shall fulfill after 12 months or after the next
one normal operating cycle at the time of reporting. Figures recorded in this
item are detailed credit balance of account 3387 – “Unearned
revenue”.
Other long-term payables (Code 337)
This item records other payables with payment term of more
than 12 months or more than one operating cycle at the time of the report, in
addition to the liabilities recorded in other items, such as: long-term
deposits, long-term loans, differences between the deferred, installment sale
price committed and long-term price in cash… Figures recorded in this item
are based on the detailed Credit balance of accounts: 338, 344
Long-term loans and finance lease liabilities (Code 338)
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DĐ:
0906 22 99 66
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Convertible bonds ( Code 339)
This item records the value of principals of convertible
bonds issued by the enterprises at the time of reporting. Figures recorded in
this item are detailed Credit balance of account 3432 – “Convertible
Bonds”.
preference shares (Code 340)
This item records the value of preference shares under
par value which require the issuer to repurchase at an indentified time in the
future. Figures recorded in this item are based on the detailed Credit balance
of accounts 41112 – Preference shares (details of type of preference shares
classified as liabilities).
Deferred income tax (Code 341)
This item records the deferred enterprise income tax payable
at the time of reporting. Figures recorded in this item shall be the Credit
balance of account 347 ” Deferred income taxes payable”.
If the taxable temporary differences and deductible
temporary differences are related to the same taxpayer and are settled at the
same tax authority, deferred income tax payable is offset to deferred tax
assets. In this case, the item “Deferred income tax assets” records
the difference between the deferred income tax payable greater than the
deferred tax assets.
Provision for long term payables (Code 342)
This item records the provision for amounts expected to be
paid after 12 months, or after one next normal operating cycle at the time of
reporting, such as provisions for warranty for products, goods, construction,
provisions for restructuring, accrued expense for periodic repair of fixed
assets, accrued expense for environmental reconstitution… The provisions
payable are often estimated which are not sure about the right time of payment,
value payable and enterprises have not received goods and services from
suppliers. Figures recorded in this item are based on the credit balance of
account 352 “Provisions payable”.
…
…
…
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DĐ:
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This item records the unspent scientific and technological
development fund at the time of reporting. Figures recorded in this item are in
the Credit balance of Account 356 “scientific and technological
development fund.”
h) Owner’s equity (Code 400 = Code 410 + Code 430)
– Owner’s equity (Code 410)
It is a general item recording the working capital owned by
shareholders, members, such as investment capital of owners, funds deducted
from post-tax profits and undistributed post-tax profits, differences upon
asset revaluation, exchange rate differences …
Code 410 = Code 411 + Code 412 + Code 413 + Code 414
+ Code 415 + Code 416 + Code 417 + Code 418 + Code 419 + Code 420 + Code 421 +
Code 422.
– Contributions from owners (Code 411)
This item records the total capital actually contributed by
owners in enterprises (for joint-stock companies, contributions of shareholders
at par value of shares are recorded) at the time of reporting. In dependent
cost-accounting units, this item may record the capital allocated if
enterprises prescribe dependent cost-accounting units for recording in Account 411.
Figures recorded in this item are the Credit balance of account 411
“Contributions from owners”. For joint stock companies, Code 411 =
Code 411a + Code 411b
Ordinary shares with voting rights (No. 411a)
This item is only used in joint-stock companies, recording
the par value of ordinary shares with voting rights. Figures recorded in this
item are the Credit balance of Account 41111 – Ordinary shares with voting
rights.
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DĐ:
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This item records the value of preference shares under par
value which the issuer is not obliged to repurchase. Figures recorded in this
item are based on the detailed Credit balance of accounts 41112 – Preference
shares (details of type of preference shares classified as owner’s equity).
– Share premium (Code 412)
This item records the share premium at the time of reporting
of joint-stock companies. Figures recorded in this item are the Credit balance
of account 4112 “Share premium”. If account 4112 has Debit balance,
this item is written in negative numbers under the form of parentheses (…).
– Conversion options on bond ( Code 413)
This item records the value of capital component of
convertible bonds issued by enterprises at the time of reporting. Figures
recorded in this item are detailed Credit balance of account 4113 –
“Conversion options on bonds”.
– Other capital of owners (Code 414)
This item records the value of other capital of owners at
the time of reporting. Figures recorded in this item are the Credit balance of
account 4118 – “Other capital”.
– Treasury shares ( Code 415)
This item records the value of current treasury shares at
the time of reporting of joint-stock companies. Figures recorded in this item
are the Debit balance of account 419 ” Treasury share are written in
negative numbers under the form of parentheses (…).
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(028) 3930 3279
DĐ:
0906 22 99 66
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This item records the total differences upon asset
revaluation recorded directly in current owner’s equity at the time of
reporting. Figures recorded in this item are the Credit balance of the account
412 “Differences upon asset revaluation “. If account 412 has the
Debit balance, the item is recorded in negative numbers under the form of
parentheses (…).
– Exchange differences (Code 417)
This item records the exchange differences arising in the
period prior to operation of enterprises of which 100% charter capital is held
by the State performing the tasks of security, national defense, macroeconomic
stability which are handled at the time of reporting.
Figures recorded in this item are the Credit balance of
Account 413 “exchange rate differences”. If account 413 has the Debit
balance, this item shall be recorded in negative numbers under the form of
parentheses (…).
In case foreign currencies are used as currency unit in
accounting, this item records the difference exchange rate due to conversion
from financial statements prepared in foreign currencies into Vietnam dong.
– Development investment funds (Code 418)
This item records the unspent development investment funds
at the time of reporting. Figures recorded in this item are in the Credit
balance of Account 414 “development investment funds.”
– Enterprise reorganization assistance fund (Code 419)
This item records the unspent enterprise reorganization
assistance fund at the time of reporting. Figures recorded in this item are the
Credit balance of Account 417 – “Enterprise reorganization assistance
fund.”
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(028) 3930 3279
DĐ:
0906 22 99 66
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This item records the other equity funds of enterprises set
up from current undistributed post-tax profits at the time of reporting.
Figures recorded in this item are the Credit balance of Account 418 “Other
equity funds”.
– Undistributed post-tax profits (Code 421)
This item records the profit (or loss) after tax unsettled
or undistributed at the time of reporting. Figures recorded in this item are
the Credit balance of Account 421 “Undistributed post-tax profits.”
If account 421 has Debit balance, the figures in this item are written in
negative numbers under the form of parentheses (…). Code 421 = Code 421a +
Code 421b
Undistributed post-tax profits accumulated by the end of the
previous period (Code 421a)
This item records the profit (or loss) unsettled or
undistributed accumulated by the end of the previous period (beginning of the
reporting period).
Figures recorded in the item “undistributed post-tax
profits accumulated by the end of the previous period” on the Balance
Sheet are the Credit balance of account 4211 “undistributed post-tax
profits of previous year” are plus the Credit balance of Account 4212
“undistributed post-tax profits of current year,” detailing the
cumulative profit from the beginning of the year to the beginning of the
reporting period. If accounts 4211, 4212 have the Debit balance, figures in
this item shall be recorded in negative numbers under the form of parentheses
(…).
Figures recorded in the item “undistributed post-tax profits
by the end of previous period” on the annual Balance sheet are the Credit
balance of Account 4211 “Undistributed post-tax profits of previous
year.” If accounts 4211, 4212 have Debit balance, the figures in this item
are written in negative numbers under the form of parentheses (…).
Undistributed post-tax profits of current period (Code 421b)
This item records the profit (or loss) unsettled or
undistributed accumulated arising in the reporting period.
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Figures recorded in the item “undistributed post-tax
profits of current period” on the annual balance Sheet are the Credit
balance of account 4212 “undistributed post-tax profits of current
year” In case account 4212 has the Debit balance, figures in this item are
written in negative numbers under the form of parentheses (…).
– Capital expenditure fund ( Code 422)
This item records the total current capital expenditure fund
at the time of reporting. Figures recorded in this item are the Credit balance
of Account 441 “Capital expenditure fund”.
Funding and other funds ( Code 430)
It is a general item recording the total non-business and
project funding allocated to non-business activities, projects (after deducting
non-business, project expenditures); Funding that forms fixed assets at the
time of reporting. Code 430 = Code 431 + Code 432.
Funding (Code 431)
This item records the non-business, project funding
allocated but unused, or non-business, project expenditures greater than
non-business, project findings. Figures recorded in this item are the
differences between the Credit balance of Account 461 “Non-business funds”
and the Debit balance of account 161 “Non-business expenditures”. In
case the Debit balance of account 161 is greater than the Credit balance of
Account 461, this item is recorded in negative numbers under the form of
parentheses (…).
Funds that form fixed assets (Code 432)
This item records the total current funds that forms fixed
assets at the time of reporting. Figures recorded in this item are the Credit
balance of Account 466 “Funds that form fixed assets”.
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It records the total capitals that are used for asset
acquisition of enterprises at the time of reporting. Code 440 = Code 300 + Code
400.
Item “ total assets”
Code 270”
=
Item “ Total capital
Code 440”
2. Preparation and presentation of the balance sheet of
enterprises which do not meet the assumption of continuous operation (Form B 01
/ CDHDD – DNKLT)
Presentation in the Balance sheet of enterprises which Table
do not meet the assumption of continuous operation is made the same with the
balance sheets of enterprises which are operating except a number of
adjustments:
Short-term and long-term shall not be distinguished:
The items set are not based on the remaining period from the reporting date
which is over 12 months or within 12 months or more than one normal operating
cycle or within one normal operating cycle;
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0906 22 99 66
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Some items have setting method which is different from the
Balance sheet of enterprises which are operating continuously as follows:
a) Item “trading securities” (Code 121)
This item records the book value of trading securities after
revaluation. Enterprises shall not present the item “provisions for
devaluation of trading securities” because the provisions for devaluation
are recorded directly a decrease in the book value of trading securities.
b) Items relating to investments in subsidiaries, associated
companies and joint ventures, investments in other units are recorded in the
book value after revaluation of investments above. Enterprises shall not
present the item “Provision for long-term financial investments”
because the provisions are recorded a decrease directly in the book value of
the investments.
c) Items relating to receivables are recorded under the book
value after revaluation of receivables. Enterprises shall not present the item
“Provision for doubtful receivables” because the provisions are
recorded a decrease directly in the book value of receivables.
d) Item “Inventories” (Code 140):
This item records the book value of inventories after
revaluation. Figures in this item include costs of work in progress and
equipment, materials and spare parts classified as long-term on the Balance
Sheet of enterprises which are operating continuously . Enterprises shall not
present the item “provision against devaluation of goods in stock ”
because the provisions for devaluation are recorded a decrease directly in the
book value of inventory.
e) Items relating to tangible assets, intangible assets,
finance lease assets, investment real properties are recorded at book value
after revaluation of such assets . Enterprises shall not present the item
“Cost” because the book value is revalued price, shall not present
the item “accumulated depreciation ” because the depreciation has
been recorded a decrease directly in the book value of assets.
Other items are set and presented by combining contents and
figures of corresponding in the long-term and short-term parts of enterprises
which are operating continuously.
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1. Content and structure of reports:
a) Income statement records situations and results of
operations and business of enterprises, including the results of operations and
the results from financial operations and other operations of enterprises.
When preparing consolidated income statement between
enterprises and subordinate units which have no legal status in dependent
accounting, enterprises must eliminate all of the revenues, income, expenses
incurred from intra-company transactions.
b) Income statements shall include 5 columns:
– Column 1: Report items;
– Column 2: Code of the relevant items;
– Column 3: Number corresponding to items of this report is
shown in the notes to the financial statement;
– Column 4: Total incurred during the annual reporting
period;
– Column 5: Figures from previous years (for comparison).
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– Based on income statement of previous year.
– Based on general accounting books and detailed accounting
books in period used for accounts from 5 to 9.
3. Contents and methods of preparation of item in income
statement
Revenues from sales and service provisions (Code 01):
– This item records the total revenues from sales of goods
and finished products, investment real property, revenues from service
provision and other revenues in the reporting year of enterprises. Figures
recorded in this item are arising accumulation of the Credit Side of Account
511 “Revenue from sales and service provisions” in the reporting
period.
When superior units make general reports with subordinate
units without legal status, revenues from sales and service provisions arising
from intra-group transactions are all excluded.
– This item does not include indirect taxes, such as VAT
(including VAT paid under subtraction method), excise tax, export taxes,
environmental protection taxes and other indirect taxes and fees.
Revenue deductions (Code 02):
This item records the total amounts recorded a decrease in
the total revenue in year, including: trade discounts, sales allowances, sales
returns in the reporting period. Figures recorded in this item are accumulation
the arising sum in the Debit side of Account 511 “Revenue from sales and
service provisions” corresponding to the Credit side of Account 521
“revenue deductions” during the reporting period.
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DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Net revenues from sales and service provisions (Code 10):
This item records the revenues from sales of goods, finished
goods, investment real property, revenues from service provision and other
deducted revenues (trade discounts, sales allowances, sales returns) during the
reporting period, which is the basis of calculation of income of enterprises’
operations. Code 10 = Code 01 – Code 02.
Costs of goods sold ( Code 11):
This item records the total cost of goods, investment real
property, the production cost of finished goods sold, direct costs of completed
service volume provided, other costs included in cost or recorded a decrease in
cost of goods sold during the reporting period. Figures recorded in this item
are arising accumulated amounts of Credit side of Account 632 “Cost of
goods sold” in the reporting period corresponding to the Debit side of
Account 911 “income summary”.
When superior units make general reports with subordinate
units without legal status, revenues costs of goods sold arising from
intra-group transactions are all excluded.
Gross revenues from sales and service provisions (Code 20):
This indicator records the difference between the net
revenue from sales of goods, finished products, investment real property and
service provision and the cost of goods sold incurred during the reporting
period. Code 20 = Code 10 – Code 11.
Financial income ( Code 21):
This item records the net financial income incurred during
the reporting period of enterprises. Figures recorded in this item are the
arising accumulated amounts of the Debit side of Account 515 ” Financial
income ” corresponding to the Credit side of Account 911 “income
summary” during the reporting period.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Financial expense ( Code 22):
This item records the total financial income, including loan
interest payable, copyright expenditures, joint-venture expenditures, …
incurred during the reporting period of enterprises. Figures recorded in this
item are the arising accumulated amounts of the Credit side of Account 635
” Financial expense” corresponding to the Debit side of Account 911
“income summary” during the reporting period.
When superior units make general reports with subordinate
units without legal status, financial expenses arising from intra-group
transactions are all excluded.
Interest expense (Code 23):
This item records the cost of accrued interest included in
financial expenses during the reporting period. Figures recorded in this item
are based on detailed accounting books of Account 635.
Selling expense ( Code 25):
This item records the total selling expense of goods,
finished goods sold, provided services incurred in the period. Figures recorded
in this item are the total numbers of arising amounts of Credit side of Account
641 “Selling expense” corresponding to the Debit side of Account 911
“Income summary”.
Enterprise administrative expense ( Code 26):
This item records the total enterprise administrative
expenses incurred in the period. Figures recorded in this item are the total
numbers of arising amounts of Credit side of Account 642 “Enterprise
administrative expense” corresponding to the Debit side of Account 911 “Income
summary” in reporting period.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This item records the income of enterprises during the
reporting period. This item is calculated on the basis of gross profit on sales
and service provisions are plus (+) financial income minus (-) financial
expenses, selling expense and enterprise administrative expense incurred during
the reporting period. Code 30 = Code 20 + (Code 21 – Code 22) – Code 25 – Code
26.
Other income (Code 31):
This item records other income incurred in the period. Figures
recorded in this item are based on the total arising amounts of Debit side of
Account 711 “Other income” corresponding to the Credit side of
Account 911 “Income summary” in reporting period.
For liquidation or sale of fixed assets, investment real property,
figures recorded in this item are the differences between sums received from
the liquidation or sale of fixed assets, investment real property higher than
the net book value of fixed assets, investment real property and liquidation
expenses.
When superior units make general reports with subordinate
units without legal status, other income arising from intra-group transactions
are all excluded.
Other expenses (Code 32):
This item records the total other expenses incurred in the
period. Figures recorded in this item are based on the total arising amounts of
Credit side of Account 811 “Other income” corresponding to the Debit
side of Account 911 “Income summary” in reporting period.
For liquidation or sale of fixed assets, investment real
property, figures recorded in this item are the differences between sums
received from the liquidation or sale of fixed assets, investment real property
less than the net book value of fixed assets, investment real property and
liquidation expenses.
When superior units make general reports with subordinate
units without legal status, other expenses arising from intra-group
transactions are all excluded.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This item records the difference between other income (after
deduction of VAT payable under subtraction method) and other expenses incurred
during the reporting period. Code 40 = Code 31 – Code 32.
Total pre-tax profit (Code 50):
This item records the total profit earned in reporting year
of enterprises before deducting expenses on enterprise income tax from trading,
other operations incurred during the reporting period. Code 50 = Code 30 + Code
40.
Current enterprise income tax expense (Code 51):
This item records the current enterprise income tax expenses
incurred in reporting year. Figures recorded in this item are based on the
total arising number of Credit side of Accounts 8211, ” Current enterprise
income tax expense” corresponding to the Debit side of Account 911
“income summary” in the detailed accounting books of Account 8211, or
based on the arising numbers of the Debit side of Account 8211 corresponding to
the Credit side of Account 911 in the reporting period (in this case figures
are written in this item in negative numbers under the form of parentheses
(…) in accounting books detailing account 8211).
Deferred enterprise income tax expense (Code 52):
This item records the deferred enterprise income tax
expenses or the deferred enterprise income tax income incurred in reporting
year. Figures recorded in this item are based on the total arising number of
Credit side of Accounts 8212 ” Deferred enterprise income tax
expense” corresponding to the Debit side of Account 911 “income
summary” in the detailed accounting books of Account 8212, or based on the
arising numbers of the Debit side of Account 8212 corresponding to the Credit
side of Account 911 in the reporting period (in this case figures are written
in this item in negative numbers under the form of parentheses (…) in
accounting books detailing account 8212).
Profits after enterprise income tax ( Code 60):
This item records the total net profit (or loss) after tax
from operations of enterprises (after deducting enterprise income tax expenses)
incurred during the reporting year. Code 60 = Code 50 – (Code 51 + Code 52).
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This item records the earnings per share, excluding
instruments released in the future, potentially diluting the share value. This
item is presented in the financial statements of joint-stock companies being
independent enterprises. For parent companies being joint-stock companies, this
item is presented in the consolidated financial statements, not presented in
the separate financial statements of parent companies.
In case bonus and bonus and welfare funds are deducted from
post-tax profits, earnings per share are determined by the following formula:
Earnings per share
=
Profit or loss allocated
to shareholders holding common shares
–
Deductions from Bonus and
Bonus and welfare fund
Number of weighted mean of
common shares circulated in period
The determination of the profit or loss allocated to
shareholders holding common shares and the number of weighted mean of common
shares circulated in the period is done under the guidance of Circular No.
21/2006 / TT BTC dated March 20, 2006 of the Ministry of Finance and documents
amending, supplementing, replacing.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This item records the diluted earnings per share, taking
into account the impact of instruments in the future that may be converted into
shares and may dilute the value of shares.
This item is presented in the financial statements of
joint-stock companies being independent enterprises. For parent companies being
joint-stock companies, this item is presented in the consolidated financial
statements, not presented in the separate financial statements of parent
companies.
Diluted earnings per share are defined as follows
Diluted earnings per share
=
Profit or loss allocated
to shareholders holding common shares
–
Deductions from Bonus and
Bonus and welfare fund
Number of weighted mean of
common shares circulated in period
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Number of common shares
expected to be released more
Determination of profit (or loss) allocated to shareholders
holding common shares used to calculate diluted earnings per share
Profit or loss allocated
to common shares
=
Profit or loss after
enterprise income tax
–
Amounts adjusted a
decrease
+
Amounts adjusted an in
crease
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Amounts adjusted a decrease in profit or loss after
enterprise income tax to calculate the profit or loss allocated to common
shares when determining diluted earnings per share
a1. Dividends of preference shares: Dividends of preference
share include: Dividends of non-cumulative preference shares which are not
cumulative notified during the reporting period and dividends of cumulative
preference shares arising during the reporting period. Dividends of preference
shares are calculated as follows:
Dividend of preference
shares
=
Rate of dividend of
preference shares
x
face value of preference
shares
– The positive difference between the fair value of payments
to the owner and the book value of preference shares when joint-stock companies
repurchase the preference shares of owners.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Dividends or other items related to dilutive potential
common shares;
– Gains are recorded in the period related to dilutive
potential common shares; and
– Other factors reduce post-tax profits if converting
dilutive potential common shares into common shares. For example, the cost to
convert the convertible bonds into common shares reducing the profits after
enterprise income tax in period.
Determination of adjustments of an increase in profits or
losses after enterprise income tax:
– The positive difference between the fair value of payments
to the owner and the book value of preference shares when joint-stock companies
repurchase the preference shares of owners.
– Factors increase post-tax profits if converting dilutive
potential common shares into common shares. For example, the cost to convert
the convertible bonds into common shares, enterprises shall be reduced loan
interest expense related to the convertible bond and the increase in profit
after enterprise income in period.
Number of shares used to calculate diluted earnings per
share
Number of shares used to calculate diluted earnings per
share is defined as the weighted average of common shares circulated in period
are plus (+) the weighted average of common shares which shall be issued more
in case all dilutive potential common shares are converted into common shares.
The determination of the number of weighted mean of common
shares circulated in the period is done under the guidance of Circular No.
21/2006 / TT BTC dated March 20, 2006 of the Ministry of Finance and documents
amending, supplementing, replacing.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Common shares that shall be issued in the period considered
potential common shares reducing interest of shares; including:
– call option of purchase the warrants and equivalent
instruments;
– Convertible financial instruments;
– Common shares issued with conditions;
– Contracts settled in common shares or in cash;
– Purchased option;
– Issued put option.
The determination of the number of common shares that shall
be issued in period shall be complied with the provisions of Accounting
Standards, “Earnings per Share”.
Article 114. Guidelines on
preparation and presentation of cash flow statement (Form B03 – DN)
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
The preparation and presentation of cash flow statement
yearly and in interim accounting periods must comply with the provisions of
Accounting Standard “Cash flow statement” and Accounting Standards
“interim financial statement “. Method for preparation of cash flow
statements is guided for the most common transactions, enterprises base on the
nature of each transaction to present cash flows accordingly if there is no
specific guidance in this Circular. Items without figures are not presented,
enterprises may renumber but must not change codes of items.
Short-term investments considered cash equivalents presented
in cash flow statements only including short-term investments with recovery
term or maturity of within three months may be converted easily into a certain
amount and there is no risk of conversion into money from the date of buying
such investments at the time of reporting. For example, bank exchange bills,
treasury bills, deposit certificates … with recovery term or maturity of less
than 3 months from date of purchase.
Enterprises must present the cash flows in the cash flow
Statement in three types of activities: trading, investment and financing
activities as prescribed by the standards of “Cash flow statement”:
– Cash flows from trading are cash flows arising from
activities generating main revenues of enterprises and activities other than
investing or financing activities;
– Cash flows from investment are cash flows arising from
purchase, construction, liquidation or sale of long-term assets and other
investments which are not classified as cash equivalents;
– Cash flows from financial activities are cash flows arising
from operations generating changes in the size and structure of owner’s equity
and borrowing capital of enterprises.
Enterprises may present cash flows from trading, investing
and financial activities in a manner that best suits to the characteristics of
the enterprises.
The following cash flows arising from trading, investing and
financial activities are reported on a net basis:
– Collecting money and paying of customers such as rental
collected, paid and repaid to the owner of the property;
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Cash flows arising from transactions in foreign currency
must be converted into the official currency used in accounting books and
financial statements under the exchange rate at the arising time of
transactions.
Transactions in investments and finance which do not
directly use cash or cash equivalents are not presented in the Cash flow
statement, for example:
– The purchase of assets by receipt of debts related
directly or through finance lease operations;
– The purchase of an enterprise through the issuance of
shares;
– The transfer of debt into owner’s equity.
The cash and cash equivalents at the beginning and end of
the period, the effect of changing exchange rates in currency conversion and
current cash equivalents in foreign currencies at the end of period must be
presented in separate items in Cash flow statements for comparison of figures
with the corresponding items in the Balance Sheet.
Enterprises must present values and reasons of cash and
cash equivalents which have the great balance at end of period held by
enterprises but unused due to the limitation of legislation or other
constraints imposed on enterprises.
If enterprises borrow to make payments directly to contractors,
suppliers of goods and services (loans are transferred directly from the lender
to the contractors and suppliers without being transferred through the accounts
of enterprises), enterprises must still present on the cash flow statement,
namely:
– The amount borrowed is presented as cash inflows from
financing activities;
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
In case enterprises incur the offsetting payment for the
same object, the presentation in cash flow statement shall comply with the
following principles:
– If the offsetting relates to transactions classified in
the same cash flows, enterprises shall present on a net basis (in dissimilar
barter transactions…);
– If the offsetting relates to transactions classified in
different cash flows, enterprises shall not present on a net basis but must
present separately the value of each transaction (for example offsetting the
selling money receivable with borrowings …).
12. For the cash flow from repurchases and resale of
government bonds and securities REPO transactions: The seller presents it as
the cash flow from financial activities; The buyer presents it as the cash flow
from investing activities.
2. Basis of preparation of cash flow statement
The preparation of cash flow statement is based on:
– the Balance sheet;
– The income statement;
– The notes to the financial statements;
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The other accounting documents, such as: General
accounting books, detailed accounting books of accounts “Cash”,
“Cash in bank”, “Cash in transit”; General accounting books
and detailed accounting books of the relevant accounts, spreadsheets and
allocation of depreciation of fixed assets and other detailed accounting
documents…
3. Requirements for opening and recording accounting books
served for preparation of cash flow statement
– Accounting book detailing the amounts receivable and
payable, inventory must be monitored in detail for each transaction so that it
is able to be presented cash flows recovered or paid in three types of
activities: Trading, investment and financial activities. For example: Amounts
paid to contractors related to fundamental construction are classified as cash
flows from investment, amounts paid to suppliers of goods and services for the
production and trading are classified as Cash flows from trading.
– Accounting books detailing accounts recording the money
must be detailed to monitor the cash flows collected and paid related to three
types of activities: trading, investment and financial activities as a general
basis in preparation of cash flow statement. For example, for the payment to
banks of loan principal and interest, accountants must record separately the
amount paid for loan interest as cash flows from trading or investments and the
amount paid for loan principal as cash flows from financial activities.
– At the end of the accounting year, when preparing cash
flow statements, enterprises must identify short-term investments with recovery
term or maturity of less than 3 months from date of purchase which meets the
definition of cash equivalents in consistence with the provisions of the
Standards “Cash flow statement” to exclude from the cash flows from
investment. The value of the cash equivalents are plus (+) to the item
“Cash and cash equivalents at end of period” in the cash flow
statement.
4. Methods of preparing annual Cash flow statements
Reporting on items of cash flows from trading:
Cash flows from trading record the cash inflows and cash
outflows related to production, trading in the period, including cash flows
related to securities held for trading purposes.
Cash flows from trading are reported in either methods: direct
or indirect method.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Principles of report:
Under the direct method, the cash inflows and cash outflows
from trading are determined and presented in the Cash flow statement by
analyzing and summarizing directly sums received and paid according to each
content of revenues and expenditures from the general accounting books and the
details of enterprises.
Method of setting up specific items
– Revenues from sales and service provisions and other
revenues (Code 01)
This item is set up based on the total amount collected
(total payments) in the period from the sale of goods, finished goods, service
provisions, copyright fees, fees, commissions and other revenues (such as sale
of trading securities), including amounts collected from the debts receivable
related to the sale of goods or provision of services and other revenues
arising from the previous period, but received money in current period and the
advanced amount of purchasers of goods and services.
This item does not include sums received from liquidation,
sales of fixed assets, investment real property, sums received from loans,
investment contribution in other units, shared dividends and profits and other
revenues classified as cash flows from investment; Sums received from
borrowings and capital contributed by the owners classified as cash flows from
financial activities.
Figures recorded in this item are from the accounting books
of Accounts 111, 112 (money received), accounting books of accounts receivable
(details of sums received from sales, service provision immediately paid for
liabilities), after comparing with the accounting books of accounts 511, 131
(details of revenues from sales, service provision of which money is paid
immediate, the amount of recovery of receivables or advances in period) or
Accounts 515, 121 (details of sums received from the sale of trading
securities).
– Cash paid to suppliers of goods and services (Code 02)
This item is set up based on the total amount paid in the
period due to the purchase of goods and services, payment of service charges
for manufacturing, trading, including the amounts spent on buying trading
securities and amounts paid for debts payable or advanced to suppliers of goods
or services related to production and trading.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Figures recorded in this item are from the accounting books
of Accounts 111, 112 (money paid), accounting books of accounts receivable
(details of loans received or debts collected immediately paid for
liabilities), after comparing with the accounting books of accounts 331, accounts
recording inventories. This item is recorded in negative numbers under the form
of parentheses (…).
– Amounts paid to employees (Code 03)
This item is set up based on the total amount paid to
employees during the period of salary, wages, allowances, bonuses … paid or
advanced by enterprises.
Figures recorded in this item are from the accounting books
of Accounts 111, 112 (detailing payments to employees), after comparing with
the accounting books of Account 334 (details of sums paid in cash) in reporting
period. This item is written in negative numbers under the form of parentheses
(…).
– Interest paid (Code 04)
This item is set up based on the total amount of interest
paid during the reporting period, including interest incurred in period and paid
in current period, interest payable of previous period paid in current period,
interest prepaid in current period.
This item does not include the amount of interest paid
during the period capitalized into the value of assets in progress classified
as cash flows from investment. In case the interest paid in the period has been
capitalized and included in the financial cost, accountants shall base on
interest capitalizing rate applied to the reporting period in accordance with
the provisions of Accounting Standards “ Borrowing cost ” to determine the
interest payable of cash flows from trading and cash flows from investments.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113 (details of loan interest payments); accounting books
of accounts receivable (details of interest payments from sums received from
receivables) in the reporting period, after comparing with the accounting books
of Account 335, 635, 242 and other related accounts. This item is written in
negative numbers under the form of parentheses (…).
– Enterprise income tax paid ( Code 05)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113 (detailing payments of enterprise income tax), after
comparing with the accounting books of Account 3334. This item is written in
negative numbers under the form of parentheses (…).
– Other receipts from trading ( Code 06)
This item is set up based on the total amounts received from
other sums of trading, in addition to sums recorded in Code 01, such as:
Receipts from other income (amounts received from indemnity, fine, bonuses and
other revenues …); Sum received from tax refund; Sum received from receipt of
deposits; Sum recovered of deposits; Sum received from non-business, project
funding (if any); Sum rewarded, supported by outside organizations or
individuals; Sum received recorded an increase in funds paid by the superior or
inferior units…
Figures recorded in this item are from the accounting books
of Accounts 111, 112 after comparing with the accounting books of accounts 711,
133, 141, 244 and the accounting books of accounts related in the
reporting period .
– Other expenditures on trading ( Code 07)
This item is set up based on the total amount spent for
other items, in addition to the amounts spent related to production, trading in
the reporting period recorded in Code 02, 03, 04, 05 such as: Payments for
compensation, penalty and other expenses; Payments of taxes (excluding
enterprise income tax); Payments of fees and charges, land rent; Payment of
social insurance, health insurance, unemployment insurance, unions fees;
Payments for deposits; Refund of receipt of deposits, direct expenditure by
provisions payable; direct expenditure from bonus and bonus and welfare fund;
science and technology fund; Direct expenditures from other funds of owner’s
equity; direct expenditures from non-business, project funding …
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113 in the reporting period, after comparing with
the accounting books of Account 811, 161, 244, 333, 338, 344, 352, 353, 356 and
other related accounts. This item is written in negative numbers under the form
of parentheses (…).
– Net cash flow from trading ( Code 20)
Item “Net cash flow from trading ” records the
difference between the total amount received and the total amount paid from
trading during the reporting period. Figures recorded in this item are
calculated on the total figures of items from Code 01 to Code 07. If the
figures in this item are negative numbers, they shall be shown in parentheses
(…).
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Reporting on items of cash flows from trading under indirect
method (see Form B 03-DN)
Principles of report:
Under the indirect method, cash inflows and cash outflows
from trading are calculated and determined primarily by adjusting the profit
before enterprise income tax of trading out of impact of non-cash items, changes
in the period of inventory, receivables and payables from trading and amounts
of which cash impact is the cash flows trading, including:
– The non-cash expenses such as: depreciation of fixed
assets, provisions …
– Non-cash profits and losses such as profit and loss of
exchange rate differences, capital contributions by non-monetary assets;
– Profits and losses classified as cash flows from trading,
such as: Profits or losses in liquidation, sales of fixed assets and investment
real property, interest from loans, interest from deposits, shared dividends
and profits…; Interest expenses recorded in income statements in the period.
– Cash flows from trading adjusted continuously to the
change in working capital, long-term prepaid expenses and other revenues and
expenses from trading, such as:
Changes in the reporting period of inventory item,
receivables, payables from trading;
Changes in prepaid expenses;
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Paid enterprise income tax;
Other receipts from trading;
Other expenses from trading.
Method of setting up specific items
– Pre-tax profits ( Code 01)
This item is from the item the total pre-tax accounting
profit (Code 50) in the income statements in the reporting period. If this
figure is negative (loss), it is recorded in parentheses (…).
– Depreciation of fixed assets and investment real property
(Code 02)
In case enterprises separate the depreciation in inventory
and the depreciation counted in the income statements in the period: Item
“Depreciation of fixed assets and investment real property” only
includes the depreciation counted in the income statements in the period; Item
“Increase or decrease in inventory” does not include the depreciation
in the value of inventories at the end of the period (undetermined to be
consumed in period);
In case enterprises cannot separate the depreciation in
inventory and the depreciation counted in the income statements in the period:
Item “Depreciation of fixed assets and investment real property”
includes the depreciation counted in the income statements in the period are
plus the depreciation related to inventories unconsumed; Item “Increase or
decrease in inventory” includes the depreciation of fixed assets in
the value of inventories at the end of the period (undetermined to be consumed
in period);
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
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– Provisions (Code 03)
This item records the influence of the setting, refund and
use of provisions to the cash flows of the reporting period. This item is set
up based on the difference between the beginning balance and the ending balance
of provisions for asset losses (provisions for devaluation of trading
securities, provision for loss of financial investment, provisions for
devaluation of inventories, provisions for bad debts) and provisions payable in
the balance sheet.
Figures of this item are plus (+) to the figures of
“Pre-tax profit ” if the total ending balance of the provision is
greater than the total beginning balance or is subtracted from the figures of
item “Pre-tax profit ” if the total ending balance of the provision
is less than the total beginning balances and recorded in negative numbers
under the form of parentheses (…).
– Profits / losses of exchange rate differences from
revaluation of accounts derived from foreign currencies (Code 04)
This item records the interests (or losses) of exchange rate
differences from revaluation of accounts derived from foreign currencies
recorded in pre-tax profit in the reporting period. This item is set up based
on the difference of Credit arising numbers and Debit arising numbers of
Account 4131 compared with the accounting books of Account 515 (details of
interest from revaluation of accounts derived from foreign currencies) or
Account 635 (details of losses from revaluation of accounts derived from
foreign currencies).
Figures in this item are subtracted (-) from the figures of
the item “Pre-tax profit “, if there are interests in exchange
differences, or are plus (+) to the item “Pre-tax profit “, if there
are losses in exchange differences.
– Profits / losses from investment (Code 05)
This item is based on the total profit or loss arising in
the period recorded in pre-tax profit, but classified as cash flows from
investment, including:
Gains and losses from liquidation, sales of fixed assets,
investment real property;
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
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Gains and losses from the sale or recovery of financial
investments (excluding profit or loss of buying and selling trading
securities), such as: investments in subsidiaries, joint ventures and
associates; Investments held to maturity;
Losses or refund of losses of investments held to maturity;
Loan interest, deposit interest, dividends and profits
shared.
This item is set up based on the accounting books of
Accounts 5117, 515, 711, 632, 635, 811 and other related accounts (details of
profit and loss defined as cash flows from investment) during the reporting
period.
Figures in this item are subtracted (-) from the figures of
item “Pre-tax profits” if investment has net profits recorded
in negative numbers under the form of parentheses (…); or are plus (+) to
item “Pre-tax profit “, if investment has net losses.
– Interest expense (Code 06)
This item records interest expense recorded in income
statements in the reporting period, including the costs of bond issuance of
common bonds and convertible bonds; The interest expense every period according
to the actual interest rate recorded an increase in the debt component of
convertible bonds. This item is set up based on the accounting books of account
635 (details of interest expense in reporting period) after comparing with the
item “Interest expense” in the report on income.
Figures in this item are added to the figures of item
“Pre-tax profit “
– Other adjustments (Code 07)
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Figures of this item are added to the figures of item
“Pr—tax profits” if during the period, more funds are set up or are
subtracted from the item “Pre-tax profit ” if during the period,
funds are refunded.
– Operating profit before changes in working capital (Code
08)
This item records the cash flows generated from operating
activities during the reporting period after excluding the impact of items of
non-cash income and expense. This item is set up based on the profit before
enterprise income tax are plus (+) adjustments. Code 08 = Code 01+ Code 02 +
Code 03 + Code 04 + Code 05 + Code 06 + Code 07. If the figures in this item
are negative number, they shall be shown in parentheses (…).
– Increase or decrease in amounts receivable (Code 09)
This item is set up based on the total difference between
the ending balance and the beginning balance of accounts receivable (details
related to manufacturing, business), such as: Accounts 131, 136 , 138, 133,
141, 244, 331 (details of prepaid amounts to the sellers) during the reporting
period.
This item does not include amounts receivable related to
investment, such as: The amount advanced for construction contractors; Receivables
on loans (principal and interest); Receivables on deposit interest, dividends
and profit shared; Receivables on liquidation, sales of fixed assets,
investment real property, financial investments; Value of fixed assets pledged
or mortgaged …
Figures in this item are plus (+) to the item
“Operating profit before changes in working capital” if the total
ending balances are less than the total opening balances. Figures of this item
are subtracted (-) from figures of the item “Operating profit before changes
in working capital” if the total ending balances are greater than the
total beginning balances and recorded in negative numbers under the form of
parentheses (…).
– Increase or decrease in inventories (Code 10)
This item is set up based on the total difference between
the ending balance and the beginning balance of the inventory accounts
(excluding the balance of the account “Provision against devaluation of
goods in stock “on the basis of having excluded: Value of inventory used
for investment for construction or inventory used in exchange for fixed assets,
investment real property; trial production costs counted on the cost of fixed
assets formed from construction. In case of any purchase inventory in period
which is not identified use purposes (for trading or investment in
construction), the value of inventories is included in this item.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
In case enterprises cannot separate the depreciation of
fixed assets in inventory and the depreciation counted in the income statements
in the period (item “Depreciation of fixed assets”- code 02 include the
depreciation of fixed assets related to unconsumed inventories), this item does
not include the depreciation of fixed assets in the value of inventories at the
end of period (undetermined to be consumed in period);
Figures in this item are plus (+) the item “Operating
profit before changes in working capital” if the total ending balances are
less than the total beginning balances. Figures of this item are subtracted (-)
from the item “Operating profit before changes in working capital” if
the total ending balances are greater than the total beginning balances and recorded
in negative numbers under the form of parentheses (…).
– Increase or decrease in amounts payable (Code 11)
This item is set up based on the total difference between
the ending balance and the beginning balance of debts payable (details related
to manufacturing, business), such as: Accounts 331, 333, 334, 335, 336, 337,
338, 344, 131 (details of prepaid amounts of the sellers)
This item does not include enterprise income tax (arising
Credit 3334), loan interest payable (arising Credit 335, details of loan
interest payable).
This item does not include amounts payable related to
investment, such as amounts prepaid by purchasers related to the liquidation or
sale of fixed assets, investment real property; Payables related to purchasing,
construction of fixed assets, investment real property; Payables to buy the
capital and debt instruments ..; and payables related to financial activities,
such as: principal payables, bond principal, finance lease liabilities;
Dividends, profits payable.
Figures in this item are plus (+) the item “Operating
profit before changes in working capital” if the total ending balances are
greater than the total opening balances. Figures of this item are subtracted
(-) from figures of the item “Operating profit before changes in working
capital” if the total ending balances are less than the total beginning
balances and recorded in negative numbers under the form of parentheses (…).
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This item is set up based on the total difference between
the ending balance and the beginning balance of Account 242 “prepaid
expenses” in the reporting period on the basis of having excluded prepaid
expenses related to cash flow from investment, such as: land rents qualified
for being recorded as intangible assets and prepayments of interest
capitalized.
Figures in this item are plus (+) the item “Operating
profit before changes in working capital” if the total ending balances are
less than the total opening balances. Figures of this item are subtracted (-)
from figures of the item “Operating profit before changes in working
capital” if the total ending balances are greater than the total beginning
balances and recorded in negative numbers under the form of parentheses (…).
– Increase or decrease in trading securities (Code 13)
This item is set up based on the total difference between
the ending balance and the beginning balance of Account 121 “trading
securities” in the reporting period.
Figures in this item are plus (+) the item “Operating
profit before changes in working capital” if the total ending balances are
less than the total opening balances. Figures of this item are subtracted (-)
from figures of the item “Operating profit before changes in working
capital” if the total ending balances are greater than the total beginning
balances and recorded in negative numbers under the form of parentheses (…).
– Interest paid (Code 14)
This item is set up based on the total amount of interest
paid during the reporting period, including interest incurred in period and
paid in current period, interest payable of previous period paid in current
period, interest prepaid in current period.
This item does not include the amount of interest paid
during the period capitalized into the value of assets in progress classified
as cash flows from investment. In case the interest paid in the period has been
capitalized and included in the financial cost, accountants shall base on
interest capitalizing rate applied to the reporting period in accordance with
the provisions of Accounting Standards “ Borrowing cost ” to determine the
interest payable of cash flows from trading and cash flows from investments.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113 (details of loan interest payments); accounting books
of accounts receivable (details of interest payments from sums received from
receivables) in the reporting period, after comparing with the accounting books
of Account 335, 635, 242 and other related accounts.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Enterprise income tax paid ( Code 15)
This item is set up based on the total amount paid for
enterprise income tax to the State during the reporting period, including the
enterprise income tax paid in current period, enterprise income tax owed from
previous period paid in current period and enterprise income tax prepaid (if
any).
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113 (detailing payments of enterprise income tax), after
comparing with the accounting books of Account 3334. Figures of this item are
subtracted (-) from the item “Operating profit before changes in working
capital” and are written in negative numbers under the form of parentheses
(…).
– Other receipts from trading ( Code 16)
This item records receipts arising from trading other than
those stated in the Code from 01 to 14, such as: receipts from non-business,
project funding (if any); Funds rewarded or supported by outside organizations
and individuals recorded an increase in funds of enterprises; Sum received
recorded an increase in funds paid by superior or subordinate units; Interest
on deposits of price stabilization Fund (if it not recorded in revenue from
financial activities but recorded an increase in Fund directly); Sum received
from equitization in equitized enterprises… during the reporting period.
This item is set up based on the accounting books of
Accounts 111, 112, 113 after comparing with accounts related in the reporting
period. Figures in this item are plus (+) figures in item “Operating
profit before changes in working capital”.
– Other expenditures on trading ( Code 17)
This item records expenses arising from trading other than
those stated in the Code from 01 to 14, such as: expenses from Bonus and bonus
and welfare fund, science and technology development Fund; Direct expenses from
non-business, project funding; Direct expenses from sums received from
equitization paid to superiors, owners; Equitization expenses, subsidy to
employees under policies …
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Net cash flow from trading ( Code 20)
Item “Net cash flow from trading ” records the
difference between the total amount received and the total amount paid from
trading during the reporting period. Figures recorded in this item are
calculated on the total figures of items from Code 08 to Code 16. If the
figures in this item are negative numbers, they shall be shown in parentheses
(…).
Code 20 = Code 08 + Code 09 + Code 10 + Code 11 +
Code 12 + Code 13 + Code 14 + Code 15 + Code 16 + Code 17
Making reports on items of cash flows from trading:
Principles of report:
– Cash flow from investment is prepared and presented in the
Cash flow statement separately the cash inflows and cash outflows, except where
cash flows are reported on a net basis mentioned in paragraph 18 of the
Standard “Cash flow statement”
– Cash flows from investment are established under the
direct or adjusted direct methods.
Under the direct method, the cash inflows and cash outflows
from investment are determined by analyzing and summarizing directly sums
received and paid according to each content of revenues and expenditures from
accounting recordings of enterprises.
Under the adjusted direct method, cash inflows and outflows
in the period are determined by the difference between the ending balances and
opening balances of items in the balance sheet related, then adjusted for the
effects of non-monetary items.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b) Method of setting specific items under the direct method
(See Form No. B03-DN)
– Expenditures for purchase, construction of fixed assets
and other long-term assets (Code 21)
This item is set up based on the total amount actually spent
on purchase, construction of tangible fixed assets, intangible fixed assets,
amounts spent on the commence stage that has been capitalized as intangible
fixed assets, amounts spent on investment, construction in progress, investment
real property in the reporting period. Cost of trial production after
offsetting with the amounts received from the sale of test products of fixed
assets formed from construction activities added to this item (if expenditures
are greater than revenues) or subtracted from this item (if revenues are
greater than expenditures).
This item records the amount actually paid for the purchase
of materials, properties, used for construction which have not delivered for
use for capital investment until the end of the period; Amounts advanced for
contractors of construction of which volume has not been accepted; Amounts paid
to the seller in period related directly to purchase, investment of
construction.
In case of buying raw materials, assets used for both
purposes of production, trading and investment in construction of which value
is not determined to be used for capital investment or production, trading at
the end of period, the amount paid is not recorded in this item but in cash
flows from trading .
This item does not include amounts received from finance
lease liabilities, the value of other non-monetary assets used for payment for
the purchase of fixed assets, investment real property, construction or the
value of fixed assets, investment real property, construction increased in the
period but not yet paid in cash.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113 (detailing amounts spent on purchase, construction of
fixed assets and other long-term assets, including the interest paid
capitalized ), accounting books of accounts receivable (detailing amounts
received from debts transferred immediately to pay for purchase, construction),
accounting books of Account 3411 (details of the loan paid immediately to the
seller), accounting books of Account 331 (details of advances or payments to
construction contractors, payments to the sellers of fixed assets, investment
real property), after comparing with the accounting books of accounts 211, 213,
217, 241 during the reporting period . This item is written in negative numbers
under the form of parentheses (…).
– Sums received from liquidation, sale of fixed assets and
other long-term assets (Code 22)
This item is set up based on the net amount received from
the liquidation or sale of tangible fixed assets, intangible fixed assets and
investment real property in the reporting period, including the amount
recovered of debts receivable related directly to the liquidation or sale of
fixed assets and other long-term assets.
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Figures recorded in this item are the difference between
amounts received and paid for liquidation, sale of fixed assets, investment real
property and other long-term assets. Sum received from the accounting books of
Accounts 111, 112, 113, after comparing with the accounting books of accounts
711, 5117, 131 (details of sum received from liquidation or sale of fixed
assets, investment real property and other long-term assets) during the
reporting period. The amount paid is from the accounting books of Accounts 111,
112, 113, after comparing with the accounting books of accounts 632, 811
(Details on liquidation or sale of fixed assets, investment real property) in
the reporting period . This item is written in negative numbers under the form
of parentheses (…) if the amount actually received is less than the amount
actually paid.
– Expenditures on borrowing and purchase of debt instruments
of other units (Code 23)
This item is set up based on the total amount deposited in
banks with a term of more than 3 months, the amount paid for the other loans,
the money paid by the buyer in the repurchase of government bonds and
securities REPO, amount paid for purchase debt instruments of other units
(bonds, commercial paper, preference shares classified as liabilities …) for
the purpose of investment held to maturity during the reporting period.
This item does not include amounts spent on purchase of debt
instruments considered as cash equivalents and purchase of debt instruments
held for trading purposes (profit from the difference in market prices); Loans,
purchase of debt instruments paid by non-monetary assets or refinance.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113, after comparing with the accounting books of Account
128, 171 in the reporting period. This item is written in negative numbers
under the form of parentheses (…).
– Amounts recovered on borrowing and repurchase of debt
instruments of other units (Code 24)
This item is set up based on the total amount received from
withdrawal of bank deposits of which term is more than 3 months, the money
received from the buyer in the repurchase of government bonds and securities
REPO, amounts recovered from principal lent, bond principal, preference shares
classified as liabilities and debts instruments of other units during the
reporting period.
This item does not include sums received from the sale of
debt instruments considered cash equivalents and sale of debt instruments
classified as trading securities; Sums recovered in non-monetary assets or
transfer of debt instruments into equity instruments of other units.
Figures recorded in this item are from the accounting books
of Accounts 111, 112 after comparing with the accounting books of accounts 711,
133, 141, 244 in the reporting period.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This item is set up based on the total amount paid to invest
in equity instruments of other units in the reporting period (including debt
payments to buy capital instruments from the previous capital), including
expenditures on capital investment under the form of common shares with voting
right, buying preference shares classified as owner’s equity, contribution to
the subsidiaries, joint ventures, associated companies, …
This item does not include sums spent on buying shares held
for trading purposes; sums paid to buy preference shares classified as
liabilities, Investments in other units in non-monetary assets; investment
under the form of issuing shares or bonds; Transfer of debt instruments into
contributions or unpaid debts.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113, after comparing with the accounting books of
Accounts 221, 222, 2281, 331 in the reporting period and are written in
negative numbers under the form of parentheses (…).
– Sums recovered from capital investments in other units
(Code 26)
This item is set up based on the total amount recovered by
resale or liquidation of capitals invested in other units in the reporting
period (including the sums receivable from sale of equity instruments in
previous period) .
This item does not include sums received from the sale of
shares held for business purposes; The value of the investment recovered by
non-monetary assets, debt or equity instruments of other units; Or sums that
have not been paid in cash.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113 after comparing with the accounting books of accounts
221, 222, 2281, 131 in the reporting period .
– Sums received from loan interest, dividends and profits
shared (Code 27)
This item is set up based on sums received from loan
interest, deposit interest, bond interest, dividends and profits received from
capital investments in other units in the reporting period. This item does not
include the interest, dividends received by shares or by non-monetary assets.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Net cash flow from investment ( Code 30)
Item “Net cash flow from investment ” records the
difference between the total amount received and the total amount paid from
investment during the reporting period. This item is calculated on the total
figures of items from Code 21 to Code 27. If the figures in this item are
negative numbers, they shall be shown in parentheses (…).
Code 30 = Code 21 + Code 22 + Code 23 + Code 24 +
Code 25 + Code 26 + Code 27.
Making reports on items of cash flows from financial
activities:
Principles of report:
– Cash flow from financial activities is prepared and
presented in the Cash flow statement separately the cash inflows and cash
outflows, except where cash flows are reported on a net basis mentioned in
paragraph 18 of the Standard “Cash flow statement”
– Cash flows from financial activities are established under
the direct or adjusted direct methods.
Under the direct method, the cash inflows and cash outflows
from financial activities are determined by analyzing and summarizing directly
sums received and paid according to each content of revenues and expenditures
from accounting recordings of enterprises.
Under the adjusted direct method, cash inflows and outflows
in the period are determined by the difference between the ending balances and
opening balances of items in the balance sheet related, then adjusted for the
effects of non-monetary items.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
b. Method of setting specific items under the direct method
(See Form No. B03-DN)
– Sums received from issuance of shares and receipt from
contributions of the owners (Code 31)
This item is set up based on the total amounts received from
contributions of owners of enterprises during the reporting period. This item
does not include loans and debt converted into capital, undistributed post-tax
profits profit converted into contributions (including payment of dividends by
shares) or receipts contribution of owners in non-monetary assets.
For joint stock companies, this item records the amount
received from the issuance of common shares issued at issued actual prices,
including sums received from the issuance of preference shares classified as
owner’s equity and options of convertible bonds but excluding amounts received
from issuing preference shares classified as liabilities.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113 after comparation with the accounting book of account
411 in the reporting period .
– Repayment of contributions to owners, repurchase of stock
issued (Code 32)
This item is set up based on the total amount paid due to
refund of contributions to the owners of enterprises under the forms of cash
repayment or repurchase of stocks of enterprises issued in cash to cancel or
use as treasury shares during the reporting period.
This item does not include refund of preference shares
classified as liabilities, owner’s contributions in non-monetary assets or
contributions used for business offsetting.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113, after comparing with the accounting books of Account
411, 419 in the reporting period. This item is written in negative numbers
under the form of parentheses (…).
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This item is set up based on the total amount received
during the period because enterprises borrow from financial institutions and
credit institutions and other objects in the reporting period, including loans
under the form of common bond issuance or convertible bonds or preference
shares which require the issuer to repurchase at a certain time in the future
(classified as liabilities). This item also includes the amount received by
sellers in repurchase of government bonds and other securities Repo
transactions. This item does not include borrowings in non-monetary assets or
financial lease liabilities.
In case of borrowing under the form of issuance common
bonds, this item records the total amount received during the period (in face
value of bonds adjusted for discounts, additional bonds or bond interest
prepaid – if any);
In case of borrowing under the form of issuance of
convertible bonds, this item records the amount corresponding to the principals
of the convertible bonds;
In case of borrowing under the form of preference shares,
this item records the total amount received during the period because
enterprises issue preference shares classified as liabilities due to the
conditions requiring issuers to repurchase shares at a certain time in the
future. In case of the provisions requiring issuers to only repurchase
shares from holders at par value, this item only records the amount received at
par value of preference shares (sums received higher than par value accounted
share premium presented in item “Sums received from issuance of shares and
receipts of contribution of owners” (No. 31));
In case of borrowing under the repurchase of government
bonds, this item records the total amount received during the period in the
seller in repurchase of government bonds and securities REPO.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113, accounts payable ( details of loans received paid
immediately for debts payable) after comparing with the accounting books of
accounts 171, 3411, 3431, 3432, 41112 and other related accounts in the
reporting period .
– Payment of loan principal (Code 34)
This item is set up based on the total amount paid for the
loan principal, including payment of principal of common bonds, convertible
bonds or preference shares with terms requiring issuers to repurchase at a
certain time in the future (classified as liabilities) during the reporting
period. This item also includes the amount paid to the seller by the buyer in
the repurchase of government bonds and other securities Repo transactions.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Figures recorded in this item are from the accounting books
of Accounts 111, 112, accounts receivable( sums paid for loan from sums
received from receivable) after comparing with the accounting books of Account
171, 3411, 3431, 3432, 41112 in the reporting period . This item is written in
negative numbers under the form of parentheses (…).
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113, after comparing with the accounting books of Account
171 in the reporting period. This item is written in negative numbers under the
form of parentheses (…).
– Payments of finance lease principal (Code 35)
This item is set up based on the total amount paid on
finance lease liabilities during the reporting period. This item does not
include finance lease liabilities in non-monetary assets or transfer of finance
lease liabilities into contribution.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113 accounts receivable (details of sums paid for finance
lease liabilities from sums received from receivables) after comparing with the
accounting books of Account 3412 in the reporting period. This item is written
in negative numbers under the form of parentheses (…).
– Dividends and interest paid to owners (Code 36)
This item is set up based on the total dividends and
interest paid to owners of enterprises (including personal income tax paid on
behalf of owners) in the reporting period.
This item does not include profits converted into
contributions of the owners, payment dividends by shares or by non-monetary
assets and profits used to set up funds.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113, after comparing with the accounting books of Account
421, 338 ( details of sums paid for dividends and profits) in the reporting
period. This item is written in negative numbers under the form of parentheses
(…).
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Item “Net cash flow from financial activities ”
records the difference between the total amount received and the total amount
paid from financial activities during the reporting period. This item is
calculated on the total figures of items from Code 31 to Code 36. If the
figures in this item are negative numbers, they shall be shown in parentheses
(…). Code 40 = Code 31 + Code 32 + Code 33 + Code 34 + Code 35 + Code 36.
Summary of cash flows in the period (See Form No. B03-DN)
– Net cash flows in the period (Code 50)
Item “Net cash flows in the period” records the
difference between the total amount received and the total amount paid in three
types of activities: trading, investment and financial activities of
enterprises in reporting period. Code 50 = Code 20 + Code 30 + Code 40. If
figures in this item are negative numbers, they are shown in parentheses (…).
– Cash and cash equivalents at beginning of period (Code 60)
This item is set up based on the figures of item “Cash
and cash equivalents” at the beginning of the reporting period (Code 110,
column “The Beginning” n the Balance Sheet).
– Influence of exchange rate changes in foreign currency
conversion (Code 61)
This item is set up based on the total exchange differences
due to revaluation the ending balance of cash and cash equivalents in foreign
currencies (Code 110 of the Balance Sheet) at the end of reporting period.
Figures recorded in this item are from the accounting books
of Accounts 111, 112, 113, 118 and related accounts (details of items
satisfying the definitions of cash equivalents ), after comparing with the
accounting books of Account 4131 in reporting period. This item is
recorded in positive numbers if there is gain on forex and in negative numbers
under the form of parentheses (…) if there is loss on forex.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
This item is set up based on the figures of item “Cash
and cash equivalents” at the end reporting period (Code 110, column
“The end” in the Balance Sheet).
This item is equal to the “Total” of the items
Code 50, 60 and 61 and the item Code 110 in the Balance Sheet at that period.
Code 70 = Code 50 + Code 60 + Code 61.
Article 115. Methods of preparing
and presenting Notes to financial statements (Form B09 – DN)
1. Purposes of notes to financial statements:
a) The note to the financial statement is an inseparable
part of the financial statement used to describe the narrative or analyze in
detail of the information and figures presented in the balance Sheet, income
statement, cash flows statement as well as other necessary information as
required by the specific accounting standards by enterprises.
b) The note to the financial statement may also present
other information if the enterprise deems it necessary to present honestly and
reasonablely the financial statement.
2. Principles of preparation and presentation of the notes
to financial statements
a) When preparing the annual financial statements,
enterprises must make the notes to the financial statements in accordance with
the provisions of Accounting Standards, “Presentation of financial
statements” and guidance in this policy of financial statements.
b) When preparing the interim financial statements
(including full form and short form), enterprises must make the notes to the
selective financial statements in accordance with the provisions of the
accounting standard, “Interim financial statement “and the Circular
guiding the standards.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Information on the basis of preparation and presentation
of financial statements and the specific accounting policies selected and
applied to transactions and important events;
– Information under the provisions of the accounting
standards that has not been presented in other financial statements (key
information);
– Additional information that has not been presented in the
financial statements, but is necessary for a true and fair presentation of the
financial situation of the enterprises.
d) Notes to the financial statements must be presented in a
systematic way. Enterprises shall actively sort in the order in the notes to
financial statements in a manner that best suits their particular on the
principle that each item in the balance sheet, income Statement and cash flow
Statement should be marked to lead to relevant information in the notes to
financial statements
3. Basis of preparation of Notes to financial Statements
– Based on the balance Sheet, income statements, cash flow
statements of the reporting year;
– Based on the general accounting books; Books, detailed
accounting cards or summary of the relevant details;
– Based on the Notes to the financial statements of previous
year;
– Based on the actual situation of enterprises and the
related documents.
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Characteristics of operation of enterprises
In this part, enterprises clearly state:
a) Form of capital ownership: A state-owned companies,
joint-stock company, limited liability companies, partnership or private
enterprises. For foreign-invested enterprises: Names of nations and territories
of each investor in enterprises (including investors with Vietnamese and
foreign nationalities) and changes in structure of owner’s equity among
investors (percentage of contribution) at the end of the fiscal year.
b)Trading: industrial manufacturing, trading, service,
construction or summary of many trading fields.
c) Business lines: the main business activity (Contents
describing the main business activities referenced under the provisions of
system of economics of Vietnam) and the characteristics of products or services
of enterprises.
d) Normal business and production cycle: If the cycle is
longer than 12 months, notes to the average business and production cycle of
branches, sectors are added.
e) Characteristics of operation of enterprises in the fiscal
year that affect the financial statements: the events of legal environment,
market happenings, characteristics of business, management, finance, the event
of acquisition, division, change the size … that affect the financial
statements of enterprises.
e) Structure of enterprises
– List of subsidiaries: name, address, rate of voting
rights, contribution ratio, the ratio of the parent company’s interests in each
of its subsidiary must be presented in detail;
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– List of subordinate units of dependent cost-accounting:
name and address of each unit must be presented
Accounting period, currency used in accounting
a) Annual accounting period: the annual accounting period
must be specified in the calendar year starting on January 01 / …to December
31/ … If enterprises have the financial year other than the calendar year, then
starting date and ending date of the annual accounting period must be clearly
stated.
b) Currency used in accounting: Vietnam Dong, or other
currencies selected according to the provisions of the Law on Accounting must
be specified.
Standards and applicable accounting policy
a) Applicable accounting policy: the accounting policy that
enterprises are applying such as : enterprise accounting policy, peculiar
enterprise accounting policy approved in writing by the Finance Ministry,
construction enterprise accounting policy or accounting policy for small and
medium enterprises must be specified.
b) Declaration of compliance with accounting standards and
accounting policy: those financial statements have been prepared and presented
in accordance with Accounting Standards and Accounting policy of Vietnam or not
must be specified. The financial statements are considered to be prepared and
presented in accordance with Accounting Standards and Accounting policy
of Vietnam if the financial statements comply with all provisions of each
standard, circular guiding the implementation of current accounting standards
and policy that enterprises are applying. If the accounting standards are not
applied, it must be clearly stated.
The accounting policies applied when enterprises meet
the assumption of continuous operation
(1) The principle of converting financial statements
prepared in foreign currencies into Vietnam Dong: The application of exchange
rates in converting the financial statements complies with the guidelines of
enterprise accounting policy or not (assets and liabilities at the exchange
rate at the end of period, owner’s investments at the exchange rate at the date
of contribution, income statements and cash flows statements in accordance with
the actual exchange rate or the average exchange rate ).
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The exchange rate selected by the bank to apply in
accounting;
– The exchange rate applied to record and evaluate assets;
– The exchange rate applied to record and evaluate
liabilities;
– The types of exchange rate applied in other transactions.
(3) The principles for determining the actual interest rate
(also called the effective interest rate) used to discount cash flows for items
are recorded at present value, allocated cost, recovery value … (This note is
just made when enterprises have applied interest rates to discount cash flows):
– Base of determination of the actual interest rate (the
market interest rates or commercial bank interest rates or interest rates
applied to loans of enterprises or other bases);
– Reasons for the selection of actual interest.
(4) Principles for recording cash and cash equivalents:
– Specification of bank deposits that are demand or term;
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Specification of the base of determination of the cash
equivalents? Consistence with the provisions of Accounting Standard “Cash
flow statement” or not?
(5) Accounting Principles for financial investments
a) For trading securities:
– The time recorded (for listed securities, T + 0 or another
time is clearly explained)
– The book value determined as the fair value or historical
cost;
– Base of setting up provisions for devaluation.
b) For investments held to maturity:
– The book value determined as the fair value or historical
cost;
– Base of determination unrecoverable losses;
…
…
…
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
c) For loans:
– The book value determined as the historical cost or
allocated value;
– Revaluation amounts meeting the definition of accounts
derived from foreign currencies or not?
– Base of making provisions for doubtful loans.
d) For investments in subsidiaries, associated companies and
joint ventures:
– For the subsidiaries, joint ventures and associated
companies purchased during the period, the time of initial recording,
compliance with consolidated business accounting Standard for subsidiaries
bought in the period or not? Compliance with accounting Standard in investments
in associated companies and joint ventures or not?
– Principles for determining subsidiaries, associated
companies and joint ventures (based on the proportion of the voting rights, the
proportion of contributed capital or benefits);
– The book value of investments in subsidiaries determined
at historical cost, fair value and other values? The book value of investments
in joint ventures and associated companies determined at historical cost,
owner’s equity method or other methods?
– Base of making the provision for investment losses in
subsidiaries, associated companies and joint ventures; The financial statements
to determine losses (consolidated financial statements and separate financial
statements of subsidiaries, associated companies and joint ventures);
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The book value of investments in other units determined at
historical cost or other methods?
– Base of making the provision for investment losses in
other units; The financial statements to determine losses (consolidated
financial statements and separate financial statements of the invested units);
e) Accounting methods for other transactions relating to
financial investments:
– Shares swaps ;
– Investment under the form of capital contribution;
– Transactions under the form of repurchase of contributed
capital;
– Accounting method for dividends divided by shares;
(6) Accounting principles for debts receivable
– Criteria for the classification of debts receivable
(receivables from customers, other receivables, internal receivables)
…
…
…
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để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Revaluation of amounts meeting the definition of accounts
derived from foreign currencies or not ? The exchange rates used to revalue?
– Recording debts receivable which do not exceed the
recoverable value or not?
– Method of making the provision for bad debts.
(7) Principle for recording inventory
– (7) Principle for recording inventory: Specify inventory
that is recorded at the historical cost or net realizable value.
– The method of calculating the value of inventory: Specify
the method that enterprises apply (Weighted average; first in, first out,
specification price or retail price).
– Method of inventory accounting: Specify that enterprises
are applying perpetual inventory method and periodic inventory method.
– Methods for making provision against devaluation of goods
in stock: Specify that enterprises make provision against devaluation of goods
in stock on the basis of the positive difference of historical cost and net
realizable value of inventories. The net realizable value of inventories is
determined in accordance with the provisions of Accounting Standard
“Inventories” or not? Method for making provision against devaluation
of goods in stock is according to the difference between the provision that
must be made in current year and the provision that have been made in previous
year unused made additionally or refunded in current year.
(8)Principles of accounting and depreciation fixed assets,
financial lease fixed assets, investment real property
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(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Specification of the book value of fixed assets which are
at historical cost or revalued cost.
– Accounting principles of expenses incurred after the
initial recording (cost of upgrading, improvement, maintenance, repair)
recorded in the book value or the cost of production and business;
– Specification of methods of depreciation of fixed assets;
Depreciation at historical cost or historical cost minuses recoverable value
estimated from the liquidation or sale of fixed assets;
– Other provisions on the management, use, depreciation of
fixed assets complied with or not?
b) Accounting principles of finance lease fixed assets:
– Specification of methods of determination the book value;
– Specification of method of depreciation of finance lease
fixed assets.
c) Accounting principles for investment real property.
– The method of recording book value of investment real
property
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
(9) Accounting principles for Business Cooperation Contract
(BCC)
a) For the capital contributors
– The recording capital (cash or non-cash assets)
contributed to the BCC;
– The recording revenues and expenditures related to the
contract
b) For capital recipients (executive party, incurring
general expenses)
– Principles of recording capital contributed by other
parties
– Principles of division of revenue, expenses and products
of the contract.
(10) Accounting principles of deferred enterprise income tax
a) Accounting principles of deferred income tax assets
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Tax rate (%) used to determine the value of deferred
income tax assets;
– Offsetting with deferred income tax or not?
– Determination of ability of taxable income in future when
the deferred income tax assets are recorded, revaluation of deferred income tax
assets unrecorded
b) Accounting principles of deferred enterprise income tax
payable
– Basis of recording deferred income taxes payable (taxable
temporary differences);
– Tax rate (%) used to determine the value of deferred
income tax payable;
– Offsetting with deferred income tax assets or not?
(11) Accounting Principles for prepaid expenses
– Specification of prepaid costs allocated gradually into
cost of production and business.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Methods and time of allocation of goodwill arising in
equitization;
– Monitoring in detail prepaid expenses by maturity or not?
(12) Accounting principles for liabilities
– Classification of liabilities
– Monitoring in detail under each object, original terms,
the remaining term at the time of reporting, original currencies
– Revaluation of amounts meeting the definition of accounts
derived from foreign currencies
– Recording liabilities which are not less than payment
obligations
– Making provision for liabilities
(13) Principle for recording loans and finance lease
liabilities
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Monitoring each object, term, original currency
– Revaluation of loans and finance lease liabilities in
foreign currencies? (14) Principle for recording and capitalizing borrowing
costs:
– Principle for recording borrowing costs: Specification
borrowing costs recorded in cost of production, sales in the period incurred,
unless they are capitalized in accordance with the provisions of Accounting
Standards “borrowing costs “.
– The capitalization rate used to determine the borrowing
costs capitalized during the period: Specification of the capitalization rate
(Capitalization rate is determined by the formula set out in the Circular
providing guidance on Accounting Standard No. “Borrowing Costs”.
(15) Principles of recording expenses payable: Specification
of the expenses unpaid, but estimated to be recorded in the cost of production,
sales in the period and the basis for determining the value of such
expenses.
(16) Principles and methods of recording provisions payable
:
– Principles for recording provisions payable: Specification
of provisions payable recorded satisfying or not the conditions prescribed in
Accounting Standard “Provisions, assets and potential liabilities ”
– Method of recording provisions payable: Specification of
the provisions payable made more (or refunded) under the positive difference
(or negative) between the provision payable that must be made in this year and
the provision payable made in previous year unused in the accounting books.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– The basis of recording unearned revenue
– Allocation method of unearned revenue.
(18) Principle of recording convertible bonds
– Ability of recording separately debt component and capital
component
– Trust of interest rate used to discount cash flows
(19) Principle for recording owner’s equity:
– Contributions from owners are recorded at capital actually
contributed not; Method of recording the share premium, method of determining
options of convertible bonds
– The reason for recording the differences upon asset
revaluation and the exchange differences
– Method of determining undistributed profits, the principle
of distribution of profits, dividends.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Revenues from goods and service provision: Compliance
fully with the conditions of recording revenues specified in Accounting
Standard “Revenue and other income”, The methods used to record
revenues.
– Revenues from construction contracts: Compliance with the
Accounting Standard “construction contract”, The methods used to
record revenue of construction contracts).
– Methods of recording revenues from financial activities.
– Principles of recording other income
(21) Accounting principles of revenue deductions
– Inclusion of the revenue deductions
– Compliance with the accounting Standard “The events
arising after the end of the annual accounting period” to adjust the
revenue
(22) Accounting Principles for the cost price of goods sold
– Guarantee of conformity principle with revenues
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Items recorded a decrease in cost price of goods sold
(23) Principle and method of recording financial costs: full
recording or not the interest expense (including advanced amounts), loss on
forex of the reporting period
(24) selling expense and enterprise administrative expense
– Full recording or not the selling expense and enterprise
administrative expense incurred in period
– Adjustments in selling expense and enterprise administrative
expense
(25) The principle and method of recording current
enterprise income tax, deferred enterprise income tax expense: Current
enterprise income tax expense is determined on the basis of taxable income and
tax rate of enterprise income tax in the current year. Deferred enterprise
income tax is determined on the basis of deductible temporary differences,
taxable temporary differences and tax rate of enterprise income tax. Current
enterprise income tax expense is not offset with deferred enterprise income tax
expense.
(26) The principles and other accounting methods:
Specification the principles and other accounting methods for the purpose of
helping users understand the financial statements of the enterprise presented
on the basis of compliance with the system of Vietnamese accounting standards
issued by the Ministry of Finance.
The accounting policies applied in case enterprises do not
meet the assumption of continuous operation
a) Policy on reclassification of long-term assets and
liabilities into short-term ones
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Financial investments;
– Receivables;
– Payables;
– Inventories;
– Fixed assets, investment real property;
– Other assets and liabilities.
Additional information for the items shown in the Balance
Sheet
– In this section, enterprises must present and analyze in
detail the figures presented in the Balance Sheet to help users of financial
statements understand better the contents of the assets, liabilities and
owner’s equity.
– The unit of values presented in the section
“Additional information for the items shown in the Balance Sheet” is
the unit used in the Balance Sheet. Figures recorded in the column
“Beginning” are taken from the column “ending” in the notes
to financial statements of previous year. Figures recorded in the column
“ending” are set up on the basis of figures taken from:
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
The general accounting books;
Detailed accounting books and cards or summary of the
relevant details.
– Enterprises actively number information presented in this
section under the principle of conformity with leading numbers from the Balance
Sheet and guarantee of easy reference and comparison among periods.
– If the enterprise has applied retroactively changes
in accounting policies or retroactive adjustment of important errors of the
previous year, they must adjust comparative figures (figures in column
“beginning”) to ensure principles of comparing and explain this
clearly. In case of any reasons which lead the figures in column “beginning”
to inability to compare with figures in column “Ending”, this must be
indicated in the notes to financial statements.
– For the items required the notes under the fair value, if
the fair value is not identifiable, the reasons must be specified.
Additional information for items presented in income
statements.
– In this section, enterprises must present and analyze in
detail the figures shown in income statements to help users of financial
statements to better understand the content of the items of revenues and
expenditures.
– The unit of values presented in the section
“Additional information for the items shown in the income statement ”
is the unit used in the income statement. Figures recorded in the column
“Previous year” are taken from the notes to financial statements of
previous year. Figures recorded in the column “Current year” are set
up on the basis of figures taken from:
Income statement of current year;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Detailed accounting books and cards or summary of the relevant
details.
– Enterprises actively number detailed information presented
in this section under the principle of conformity with leading numbers from the
income statement and guarantee of easy reference and comparison among periods.
– In case of any reason which leads to inability to compare
the figures in column “Beginning” with the figures in column
“Ending”, this must be indicated in the notes to financial
statements.
Additional information for the Cash flow statement
– In this section, enterprises must present and analyze the
figures presented in the Cash flow statement in order to help users better
understand the factors affecting cash flows during the period of the
enterprises .
– In case in the period, enterprises purchase or liquidate
investments in subsidiaries or other business units, the cash flows must be
presented as separate items in the Cash flow statement. This section must
provide detailed information relating to the purchase or liquidation of
investments in subsidiaries or other business units.
– The unit of values presented in the section
“Additional information for the items shown in the cash flow statement
” is the unit used in the cash flow statement. Figures recorded in the
column “Previous year” are taken from the notes to financial statements
of previous year. Figures recorded in the column “Current year” are
set up on the basis of figures taken from:
Cash flow statement of current year
The general accounting books;
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
Other information
– In this section, enterprises must present other important
information (if any) in addition to the information presented in the section
above to provide information to describe in words or in figures under the
provisions of the specific accounting Standards to help users understand the
financial statements of the enterprises presented honestly and reasonably.
– When presenting information in this section, depending on
the requirements and characteristics of information as prescribed from point 1
to point 7 of this section, enterprises can give detailed and suitable forms,
and the necessary comparable information.
– In addition to the information presented under the
provisions of section 4.1 to section 4.8, enterprises shall present additional
information if they deems necessary for the users of financial statements of
the enterprises.
Chapter IV
ACCOUNTING VOUCHERS
Article 116. General provisions on
accounting vouchers
Accounting vouchers applied to enterprises must comply with
the provisions of the Law on Accounting, Decree No. 129/2004 / ND-CP dated May
31, 2004 of the Government and the amending and supplementing documents .
Article 117. System of accounting
forms and vouchers
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
2. If enterprises do not develop and design forms and
vouchers themselves, enterprises may apply the system of forms and guidance on
content of accounting records in accordance with the guidance in Appendix 3 of
this Circular.
3. Enterprises have the peculiar economic and financial
operation under the adjustment of other legal documents shall apply the
provisions of vouchers in such documents.
Article 118. Making and signing
accounting vouchers
1. All economic, financial operations incurred relating to
the operation of enterprises must be made accounting vouchers. Accounting
vouchers are made only 1 time for one economic, financial operation arising.
Contents of accounting vouchers must have full items, must be clear, honest for
contents of economic, financial operation arising. The writing in the
vouchers should be clear, not erased, not abbreviated. Amounts in words must
match correctly the amounts written in numbers.
2. Accounting vouchers must be made in full copies as
prescribed for each voucher. Vouchers made in many copies must be made once and
for all copies in the same content. In special case, vouchers are made in many
copies but cannot write once for all copies, they made be written twice
but consistency of content and legality of all copies must be ensured.
3. All accounting vouchers signed fully in accordance with
the titles prescribed in vouchers are effective. Electronic vouchers must have
electronic signature in accordance with law. All signatures in accounting
vouchers must be signed in ballpoint pens or ink pens, not be signed in red
ink, pencils, signatures in vouchers used for payment must be signed by each
copy. The signature in the accounting vouchers of a person must be consistent
and must match the signature registered under the regulations, if the signature
is not registered, the signature in following time must match the signature in
previous times.
4. Enterprises having no chief accountants must appoint a
person in charge of accounting to deal with customers, banks, the signature of
chief accountant is replaced by the signature of the person in charge of
accounting of such units . The person in charge of accounting must comply with
duties, responsibilities and rights provided to the chief accountant.
5. The signature of the head of the enterprise (General
Manager, Director or the authorized person), of the chief accountant (or
authorized person) and the mark in the voucher must fit the valid mark and
signature samples registered in the bank. The signature of accountants in the
voucher must match the signature registered with the Chief Accountant.
6. Chief Accountant (or authorized person) must not signed
” per procuration” by the
head of the enterprise. The authorized person must not authorize to others.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
8. Individuals who are entitled to or are authorized to sign
vouchers must not sign accounting vouchers when they have not recorded or have
not recorded fully the contents of vouchers under the responsibility of the
signers.
9. The decentralization of signing in vouchers shall be
prescribed by the General director (Director) of enterprises in accordance with
the law, management requirements ensuring strict control, security of assets.
Article 119. Rotation order and
inspection of accounting vouchers
1. All accounting vouchers made by the enterprise or
transferred to from outside must be gathered in accounting department of
enterprises. Accounting department shall inspect such accounting vouchers and
only after inspecting and verifying the legality of the vouchers, use such
vouchers to record in accounting books.
2. The order of accounting vouchers includes as follows:
– Accounting vouchers are prepared, received, handled;
– Accountants, chief accountant check and sign the vouchers
or request the Director of the enterprise for approval;
– Accounting vouchers are classified, organized,
transactions and accounting books are recorded;
– Accounting vouchers are stored and preserved.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
– Inspect the clear, honesty, fullness of items, factors
recorded in the accounting vouchers;
– Inspect the legality of economic, financial operations
arising recorded in the accounting vouchers, compare accounting vouchers with
other relevant documents;
– Check the accuracy of the figures and information in the
vouchers.
4. When inspecting vouchers, if accountants detect
violations of policies, regulations and the regulations on economic , financial
management of the State, they must refuse to make payment or dispatch
warehouse, … and immediately notify the Director of the enterprise to handle
promptly according to current law. For the accounting vouchers inconsistent
with procedures, contents and numbers are not clear, the person who is
responsible for inspection or recording must return them, require further
actions and adjustments which are a basis of recording later.
Article 120. Translation accounting
vouchers into Vietnamese
The accounting vouchers written in foreign languages, when
used for recording in accounting books in Vietnam must be translated into
Vietnamese. Vouchers seldom incurred or repeatedly incurred which are not identical
must be translated the entire contents of vouchers. Vouchers incurred
repeatedly, have the same content, then the first copy shall be translated
fully, from the second copy onward is only translated the main contents such
as: name of the voucher, name of the unit and individual preparing, name of the
unit and individual receiving, economic content of vouchers and title of the
person signing the vouchers … The translator must sign, record full name, and
is responsible for the content translated into Vietnamese. The vouchers
translated into Vietnamese must be attached to the original in foreign
languages.
Article 121. Use, management, print
and issuance of accounting forms and vouchers
1. Enterprises may buy or design, print themselves but must
ensure the main contents of the vouchers specified in Article 17 of the Law on
Accounting.
2. Vouchers must be preserved carefully, not be damages or
decayed. Check and valuable papers must be managed as money. Enterprises that
use electronic vouchers for economic, financial operation and recording
accounting books must comply with the provisions of the legal documents on
electronic vouchers.
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Mọi chi tiết xin liên hệ: ĐT:
(028) 3930 3279
DĐ:
0906 22 99 66
Bạn phải đăng nhập hoặc đăng ký Thành Viênđể sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.Mọi chi tiết xin liên hệ:
ACCOUNTING BOOKS AND ACCOUNTING FORMS
Article 22. Accounting books
1. The accounting books for recording, systematizing and
storage all of the economic and financial operation incurred according to the
economic content and the time order relating to enterprises. Each enterprise
has only one accounting book system for an accounting period. Enterprises must
implement the provisions of the accounting books of the Accounting Law, the
Government’s Decree No. 129/2004 / ND-CP dated May 31, 2005 providing
instructions on the implementation of the Law on Accounting in business,
documents providing guidance on the Law on Accounting and guiding documents
amending and supplementing the Law on Accounting.
2. Enterprises shall develop forms of accounting books of
their own but must provide information about economic transactions
transparently, completely, easily to check, easily to control and easily to
compare. In case of not developing forms of accounting books, enterprises may
apply accounting book forms under the guidance in Appendix 4 of this Circular
if they are in accordance with their management characteristics and trading.
3. Depending on the operational characteristics and
management requirements, enterprises shall develop the form of recording
accounting books of their own based on guarantee of information about the
transactions that must be recorded fully and promptly, easily to check, control
and compare. In case of not developing the form of recording accounting books
of their own, enterprises may apply the forms of recording accounting books
under the guidance in Appendix 4 of this Circular to prepare financial statements
if they match their management characteristics and operation.
Article 123. Responsibilities of
person keeping and recording accounting books
The accounting books must be closely managed, clearly
assigned responsibilities of people keeping and recording the books. The staff
who is assigned accounting books must take responsibility for the things
written in the books and keeping the books during the use of the books. When
there is a change in staff keeping and recording the books, the chief accountant
must transfer the responsibility in management and recording the books between
old and new staff. The transfer note must be signed for approval by the chief
accountant.
Article 124. Open, recording
accounting books and signature
1. Open accounting books
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– For bounded accounting books: The first page of the books
must be recorded clearly the name of enterprises, name of the book, opening
date of the book, accounting year and recording period, full name, signature of
the person keeping and recording the book, of the chief accountant and the
legal representative, end date of transfer date of the book to others. The
accounting books must be numbered pages from the first page to the last page,
there must be a stamp between two pages of the books of the accounting unit.
– For books in separate sheets: The beginning of books in
separate sheets must be clearly recorded enterprise’s name, ordinal numbers of
each sheet, book’s name, month of use, full name of the person keeping and
recording books. The sheets before use must be signed by director of enterprise
or authorized person, stamped and recorded in the use register of the in
separate sheets. The books in separate sheets must be arranged in order of
accounts and must be ensured the safety, easiness in finding.
2. Book recording: The recording accounting books must be
based on accounting vouchers inspected meeting the provisions on accounting
vouchers. All the figures recorded in the accounting books required legal and
reasonable vouchers.
3. Book closing: At the end of period, accountants must
close accounting book before preparing the financial statements. In addition,
they must close accounting books in the case of inventory or other cases as
prescribed by law.
4. The person recording the books of accounting service
units must sign and record clearly the number of practice certificate, name and
address of the units providing accounting services. The person recording
accounting books is an individual, the number of practice certificate must be
recorded clearly.
Article 125. Rectification of
accounting books
1. Upon detection of any errors of accounting books of
reporting period, they must be rectified by the methods in accordance with the
provisions of the Law on Accounting.
2. In case of detecting errors in the previous period, enterprises
must adjust retrospectively in accordance with the provisions of accounting
standards “Change in accounting policies, accounting estimates and
errors”.
Chapter VI
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Article 126. Transfer of balances in
accounting books
1. Enterprises shall transfer the balances of following
accounts:
– The detailed balances of gold, silver, precious metals and
jewels recorded in Accounts 1113 and 1123 shall be transferred as follows:
The value of gold (which is not considered monetary gold),
silver, precious metals and jewels used as inventory are transferred to be
recorded on the accounts related to inventory, such as Account 152 – Raw
materials, materials or Account 156 – Goods under the principle of conformity
with use purpose and classification in the enterprise;
The value of gold (which is not considered monetary gold),
silver, precious metals, jewels which are not used as inventory are transferred
to be recorded in Account 2288 – Other Investments;
– The balance of accounts of bonds, treasury bills, bills
held to maturity, not held for trading purposes (buying for selling to gain a
profit through differences in buying and selling price) recorded in Account
1212 – short-term securities investment are transferred to Account 128 –
Investments held to maturity (details for each sub-account);
– The balances of long-term loans, term deposits recorded in
Account 228 – Other long-term investments are transferred to Account 128 –
Investments held to maturity (details for each sub-account)
– The value of real property goods constructed, produced by
enterprises monitored in Account 1567 – Real property goods is transferred to
be monitored in account 1557 – Real property finished products. Account 1567
only records the real property purchased for selling like other goods by
enterprises.
– The balance of account 142 – Short-term prepaid expenses
is transferred to Account 242 – Prepaid expenses;
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– The balances of the provisions recorded in Accounts 129,
139, 159 are transferred to Account 229 – Provision for asset losses (detail
for each sub-account matching provision’s content);
– The value of real property constructed, invested by
enterprises (not buying for selling as goods) recorded as real property goods
in Account 1567 is transferred to Account 1557 – Real property finished
products;
– The balance of investments in associated companies
recorded in Accounts 223 is transferred to Account 222- Investments in
associated companies and joint ventures;
– The balance of account 311 – Short-term debt, Account 315
– Long-term liabilities at maturity, Account 342 – Loans and finance lease
liabilities;
– Advances for costs of repair, maintenance of the normal
operation of fixed assets (for fixed assets in accordance with the technical
requirements repaired periodically), the cost of environmental reconstitution
and ground return and amounts of similar nature recorded on Account 335 –
expenses payable are transferred to Account 352 – Provisions payable (details
of Account 3524);
– The balance of Account 415 – Financial reserve funds is
transferred to Account 414 – Development investment funds;
2. Other contents recorded in detail in
the relevant accounts inconsistent with this Circular shall be adjusted in
accordance with the provisions of this Circular.
Article 127. Retroactive provisions
1. Enterprises being investors of real property (including
cases of self-construction of real property) recorded a revenue for the sums
prepaid by the clients according to schedule, if the work is not completed
before this Circular takes effect, they must rectify errors due to recording
revenue and retroact financial statements in accordance with the provisions of
Accounting Standards of Vietnam “Changes in accounting policies,
accounting estimates and the errors “.
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3. Enterprises which do not continue deduct depreciation of
the investment real property held for price increase and shall not retroact all
accumulated depreciation costs deducted from the previous periods.
4. Enterprises report information compared in financial
statements for the items having changes between this Circular and enterprise
accounting policy issued under Decision No. 15/2006 / QD-BTC dated March 20,
2006 of the Minister of Finance and explain the reason of changes in enterprise
accounting policy.
Article 128. This Circular takes effect after 45
days from signing and is applied to financial years beginning on or after
January 01, 2015. Provisions that are contrary to this Circular are hereby
annulled. This Circular replaces the enterprise accounting policy issued under
Decision No. 15/2006 / QD-BTC dated March 20, 2006 of the Minister of Finance
and Circular No. 244/2009 / TT-BTC dated December 31, 2009 of the Ministry of
Finance. Contents of the Circular guiding the Vietnamese Accounting Standards
that are not contrary with this Circular are still valid.
Before the accounting Standard for financial instruments and
documents guiding the implementation of accounting Standards of financial
instruments are issued, units are encouraged (but not required) to present and
explain financial instruments in accordance with the provisions of Circular No.
210/2009 / TT-BTC dated November 06, 2009 of the Ministry of Finance guiding
the application of international accounting Standards for presentation of
financial statements and explanation for financial instruments.
Article 129. The General companies, the companies
that have specific accounting policies issued separate Circular or approved by
the Ministry of Finance must base on this Circular to guide and supplement
accordingly.
Article 130. The Ministries, the People’s
Committee, the Service of Finance, Provincial Department of Taxation in
central-affiliated cities and provinces shall be responsible for guiding
enterprises in implementation of this Circular. Any problems arising in the
course of implementation should be reported to the Ministry of Finance for
study and settlement. /.
PP. MINISTER
DEPUTY MINISTER
Tran Xuan Ha
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ATTACHED
FILE
