Warranty accounting entries how to do

A, if the sales of the warranty, do the following:

Borrow: bank deposits

Other receivables - warranty

Credit: income from the main business

Taxes payable - payable value-added tax

Long-term receivables - warranty

If the warranty in the project, do the following:

According to the accruals of warranty

Enterprisingly, at the end of each month, according to the warranty of the product quality assurance

According to the accruals of the product quality assurance

Please note that the warranty of the product quality assurance of the product quality assurance is the same as that of the sales of the products of the product.

At the end of each month, according to the provision of warranty deposits

Borrow: selling expenses - product quality assurance

Loan: projected liabilities - product quality assurance

Maintenance costs incurred:

Borrow: projected liabilities - product quality assurance

Loan: accounts receivable/cash on hand/bank deposits/inventory, etc.

In practice In practice: Accounts: Party A according to Party B invoices issued by the project,

Borrow: construction in progress/fixed assets

Loan: bank deposits/accounts payable/other accounts payable

General warranty should be the difference between the full price of the part of the other accounts payable credited to the account. After the completion of the warranty period, then do the payment processing. Party B in the formation of revenue, according to the proportion of revenue withholding after-sales service fees

Borrow: selling expenses / accounts receivable / other receivables

Credit: operating income

Warranty due to recover: offsetting the withholding fees and other accounts receivable (warranty); can not be recovered, directly to the cost or expense.

Two, question 1: right

Three, question 2: not

Because the business is a company B and C occurred, A company can not do the account, is no basis (original documents), the account should be hung on the account of the company B.

Four, question 3: C did not have a relationship with the company, A company in order to receive C's warranty, only and B signed a commissioned collection agreement to the C company to receive, through the commissioned collection agreement procedures to prove that the C side of the underpayment of the 2,000 yuan.

Expanded Information

"Warranty" is the quality guarantee for the credibility of the members of the credibility record. Reputation Record members are not only subject to the supervision of reputation ratings and transaction evaluations, but also to the supervision of quality guarantee deposits.

If a Reputation Record member violates the rules in the course of cooperation, he or she is required to deduct his or her corresponding quality guarantee deposit as a penalty.

Project engineering warranty refers to the implementation of the project works in the defects liability period of the maintenance responsibility, the construction unit (owner) and the construction enterprise in the project project engineering construction contract agreed to set aside from the payable project payment, to ensure that the construction enterprise in the defects liability period of the project works that have been through the completion of the (handover) acceptance of the defects (i.e., the project works of the quality of the construction of the project does not comply with the construction of engineering construction) Mandatory standards, design documents, as well as the agreement of the contract) to carry out maintenance funds.

Project warranty by the project project price of the total amount of settlement multiplied by the contract ratio (generally 3%) by the construction unit (owner) from the construction enterprise engineering measurement of the appropriation is directly withheld, and generally do not calculate the interest. Construction enterprises should be in the project project completion (handover) after acceptance of the defects liability period (generally twelve months), conscientiously fulfill the contractual obligations, defects liability period expired, the timely application to the construction unit (the owner) for the return of the project warranty. The construction unit (owner) shall promptly return the construction warranty deposit to the construction company (if defects occur during the defects liability period, the corresponding defects maintenance costs will be deducted).

Reference:

Baidu Encyclopedia - Warranty Deposit? Baidu Encyclopedia-Accounting Entries