I. Establishment of new accounts
II. Setting up of main accounting accounts
III. Handling of accounting operations
I. Establishment of new accounts
The start of a project, or the establishment of a new business is confronted with the problem of establishing new accounts. The establishment of new accounts is not difficult, usually the first should think of a good set of accounting subjects. When making vouchers should think about how each account should be set up line item level. Is it good to use auxiliary accounting, or directly under the accounting account to set up a line item is good.
Generally, it is if there are more units involved in the transaction, more departments and more stable or more projects, should be used in the way of auxiliary accounting (can be used according to the actual situation of each accounting account, and do not need to have at the same time). Otherwise, detailed accounts should be set up directly under the accounting head to simplify the workload. Usually, the company's headquarters accounts (involving a lot of current units, projects, departments are also more and stable) to adopt auxiliary accounting is more appropriate, while a single project account, directly under the accounting account to set up line items is better.
According to the different management of each company, the financial accounting and management of construction enterprises is divided into the centralized management of the Department (centralized, by the company directly prepare financial statements) and the project separate management system (decentralized, by the company headquarters summary statement). Using the centralized management of the Ministry of the enterprise company will only have a set of accounts, all the project accounts are handled in the same set of accounts in the company, the projects are only responsible for the preparation of project cost statements and project cost analysis. Decentralized management is a separate set of accounts for each of the company's projects. Each independent project has a separate bank account number and carries out the related account processing and preparation of financial accounting statements separately. Finally, the financial statements of each project are summarized by the company's headquarters.
The advantage of the centralized type is that the company headquarters can grasp the cost of each project at any time, and implement real-time monitoring and dynamic management of the cost of each project, which is conducive to strengthening the company's financial management. Applicable to the company's headquarters and nearby projects more enterprises. The disadvantage is that the accounting information of the field projects may not be timely, and can not accurately reflect the company's financial situation; not conducive to tax planning for construction companies.
The advantage of decentralization is to reduce the accounting work of the company's headquarters, which is conducive to the timely and accurate reflection of the project department's financial situation, and is conducive to the company's tax planning. The disadvantage is that it is easy to cause the project manager to have too much power, breeding corruption. If the project financial personnel can not play a good supervisory role and in the management of the strong, it is not conducive to the company's financial management. The implementation of decentralization requires the company to implement a system of assignment of project financial personnel. The financial personnel are assessed by the company, but should have considerable power and be able to maintain good professional conduct. Applicable to construction companies with more projects in the field.
No matter which way, we should focus on strengthening the financial management of the company and the project, to be able to give full play to the financial sector accounting, supervision, reflecting the function.
Second, the set of accounting entries and accounting content
Building and construction enterprises have certain particularities, and the vast majority of production-oriented enterprises are very different. Especially in cost accounting and revenue recognition, and product sales enterprises are very different. This post is only here to discuss the construction contract law guidelines provide for the construction of building construction enterprises in the accounting business processing, and productive enterprises with the same accounting is not here to do the discussion.
(a) engineering construction is equivalent to the production enterprise "production costs" account. Mainly accounting for the cost of each project and gross profit. The following set of "contract cost" and "gross profit" two secondary line items.
1, construction-contract cost, accounting for the cost of the contract
Under the contract cost, set up the following sub-accounts
(1) labor costs (project/departmental accounting), (2) material costs (project/departmental accounting), (3) machinery costs (project/departmental accounting)
(4) other direct costs (project/departmental accounting), (5) Subcontracting costs (project/departmental accounting), (6) Indirect costs
The following subheads are established under indirect costs
Manager's salary (project/departmental accounting), employee benefits (project/departmental accounting), fixed asset usage fees (project/departmental accounting), amortization of low-value consumables (project/departmental accounting), and office expenses (project/departmental accounting), Travel expenses (project/departmental accounting), property insurance (project/departmental accounting), engineering warranty (project/departmental accounting), sewage charges (project/departmental accounting), labor protection (project/departmental accounting), inspection and testing fees (project/departmental accounting), management fees of external organizations (project/departmental accounting), material preparation and incidental freight (project/departmental accounting), material and material losses and damage (project/departmental accounting), and material and material damage (project/departmental accounting). (project/departmental accounting), heating costs (project/departmental accounting), other costs (project/departmental accounting)
2, engineering construction - gross profit, accounting for gross profit of the project
Specific settings according to the needs of the enterprise to choose, it is not necessarily necessary to set up these accounting entries. In particular, overhead costs, some do not need can not be set up.
(ii) mechanical operations the subject is mainly for construction companies have a separate equipment management department for each project to provide equipment costs and internal settlement of the accounting of the Taiwan class. Equivalent to the manufacturing industry to be "auxiliary production costs" account. Conditional units, the company's equipment can be set up for the single machine accounting, accurate accounting for each large or major equipment for each shift of the cost of consumption.
Usually, the following line items should be set up:
Salaries and surcharges (departmental/equipment accounting), fuel and power (departmental/equipment accounting), depreciation (departmental/equipment accounting), spare parts and repairs (departmental/equipment accounting), overhead (departmental/equipment accounting)
(C) Accounts receivable
1, accounts receivable Project (current unit accounting) accounting according to the project progress statement or settlement of accounts receivable
2, receivable sales (current unit accounting) accounting for construction companies receivable product sales payments
3, receivable warranty (current unit accounting) according to the contract and the settlement of the owner of the project withholding of the warranty, it is best to set up with the expiration date.
(D) accounts payable
1, purchase money payable (current unit accounting) accounting for purchase money payable, equipment payments.
2, subcontracts payable (current unit of accounting) accounting for subcontracts payable
3, provisional accounts payable (current unit of accounting) accounting for the amount of provisional accounting (including materials and subcontracts of the provisional accounting for the project).
4, warranty payable (current unit accounting) accounting for warranty payable to subcontractors, it is best to set a due date.
(E) project settlement (current unit/project accounting) accounting for the owner's progress statement based on visa information or project settlement payments.
(F) main business income (manual accounts can not use the following line items, just set up line items by project)
1, target cost
Target cost under the set of the following line items
(1) labor costs (project/departmental accounting), (2) materials (project/departmental accounting), (3) machinery usage (project/departmental accounting), (4) other expenses (project/departmental) Accounting), (4) other direct costs (project / departmental accounting), (5) overhead (project / departmental accounting)
2, taxes (project / departmental accounting)
3, labor protection costs (project / departmental accounting)
4, company management fees (project / departmental accounting)
5, company profit (project / departmental accounting)
Accounting for each line item of engineering and construction:
1. Labor cost: refers to the expenses of production workers directly engaged in the construction of building and installation works, including:
(1) Basic salary: refers to the basic salary issued to production workers.
(2) wage subsidies: refers to the price subsidies, coal and gas subsidies, transportation subsidies, housing subsidies, mobile construction allowances, etc., which are paid according to the prescribed standards.
(3) Auxiliary wages of production workers: refers to the wages of production workers for non-operating days other than the annual effective construction days, including the wages during the period of study and training of the workers, the wages during the period of transferring to work, visiting relatives and taking leave, the wages during the stoppage of work due to the influence of the climate, the wages for the time of breast-feeding of the female workers, the wages for the sick leave of six months or less, and the wages for the maternity, marriage and funeral leave.
(4) Employee Welfare Expenses: refers to the production workers' welfare expenses accrued in accordance with the prescribed standards (based on the total wages of production workers).
(5) Production workers' labor protection expenses: refers to the purchase and repair costs of labor protection articles, clothing subsidies for apprentices, expenses for preventing heatstroke and cooling, and health care costs for construction in environments detrimental to health, etc., which are paid in accordance with the prescribed standards.
(6) the enterprise should bear the production workers' pension, unemployment, maternity insurance, housing fund, etc. ---- new enterprise accounting standards added content
2. Material costs: refers to the construction process of the cost of raw materials, auxiliary materials, accessories, parts, semi-finished products that constitute the project entity. Content includes:
(1) the original price of materials (or supply price).
(2) material transportation and miscellaneous expenses: refers to all the costs incurred in the transportation of materials from the source to the site warehouse or designated storage location.
(3) Transportation wear and tear costs: refers to the unavoidable loss of materials in the process of transportation loading and unloading.
(4) procurement and storage costs: refers to the organization of procurement, supply and storage of materials in the process of the costs required.
Including: procurement costs, storage costs, site storage costs, storage losses.
(5) inspection and testing costs: refers to the construction materials, components and building installations for general identification, inspection costs incurred, including self-set up the laboratory for the test of materials and chemicals consumed by the cost. Excluding new structures, new materials, test fees and construction units with factory certified materials for inspection, destructive testing of components and other special requirements of the inspection and testing costs.
3. construction machinery costs: refers to the construction machinery operation of machinery costs and machinery dismantling costs and off-site freight.
Construction machinery unit price should be composed of the following seven costs:
(1) depreciation: refers to the construction machinery in the stipulated useful life, successive recovery of its original value and the purchase of the time value of money.
(2) overhaul costs: refers to the construction machinery according to the specified overhaul interval shift to carry out the necessary overhaul, in order to restore its normal function of the costs required.
(3) regular repair costs: refers to construction machinery in addition to overhaul of all levels of maintenance and temporary troubleshooting costs. Including the normal operation of machinery to ensure the replacement of equipment and randomly equipped with the amortization of tools and accessories and maintenance costs, machinery running in the daily maintenance of lubrication and wipe the material costs and machinery during the stagnation of the maintenance and maintenance costs and so on.
(4) dismantling and off-site freight: dismantling and installation of construction machinery at the site for the installation and dismantling of labor, materials, machinery and commissioning costs, as well as machinery and auxiliary facilities, depreciation, erection, dismantling, etc.; off-site freight refers to the construction of machinery, as a whole or in parts from the place of parking to the construction site or by a construction site to another construction site, transportation, loading and unloading, auxiliary materials, and erection of wires and other costs. (b) The cost of transportation, loading and unloading, auxiliary materials and wiring, etc.
(5) Labor cost: the labor cost of the driver (stoker) and other operators on the machine for the working day and the labor cost of the above personnel beyond the annual work shift specified for the construction machinery.
(6) fuel power costs: solid fuel (coal, firewood), liquid fuel (gasoline, diesel) and water, electricity, etc. consumed by construction machinery in running operations.
(7) road maintenance fee and vehicle and vessel use tax: refers to the construction machinery in accordance with state regulations and the relevant departments shall pay road maintenance fee, vehicle and vessel use tax, insurance and annual inspection fees.
Set up a "mechanical operations" account for the use of machinery for the enterprise equipment management department to the project department of the mechanical charges, the above content only in the "mechanical operations" account can be accounted for.
4, other direct costs (in the budget known as measures fee) refers to the completion of the construction project, the construction of the project occurred before and during the construction process of non-engineering entity project costs.
Including content:
(1) environmental protection fees: refers to the construction site to meet the requirements of the environmental protection department of the costs required.
(2) civilized construction costs: refers to the construction site civilized construction costs required.
(3) safety construction costs: refers to the construction site safety construction costs required.
(4) temporary facilities costs: refers to the construction enterprise for the construction of building works must be erected for life and production of temporary buildings, structures and other temporary facilities costs.
Temporary facilities include: temporary dormitories, cultural welfare and public utilities houses and structures, warehouses, offices, processing plants, and within the scope of the provisions of roads, water, electricity, pipelines and other temporary facilities and small temporary facilities.
Temporary facilities costs include: temporary facilities erection, maintenance, dismantling costs or amortization costs.
(5) night construction costs: refers to the night shift subsidy costs incurred due to night construction, night construction efficiency reduction, amortization of night construction lighting equipment and lighting electricity and other costs.
(6) secondary handling costs: refers to the secondary handling costs incurred due to the construction site is small and other special circumstances.
(7) large machinery and equipment and installation and dismantling costs: refers to the machinery as a whole or in parts from the parking site to the construction site or from one construction site to another construction site, incurred by the machinery into the transportation and transfer costs and machinery in the construction site for the installation, dismantling of the labor costs, material costs, machinery costs, commissioning costs and installation of the costs of the necessary auxiliary facilities.
(8) concrete, reinforced concrete formwork and stent fees: refers to the concrete construction process requires a variety of steel formwork, wooden formwork, stents, such as support, dismantling, transportation costs and formwork, stent amortization (or rental) costs.
(9) scaffolding costs: refers to the construction of a variety of scaffolding, dismantling, transportation costs and scaffolding amortization (or rental) costs.
(10) completed works and equipment protection costs: refers to the completion of the acceptance of the completed works and equipment to protect the costs required.
(11) construction drainage and precipitation costs: refers to the various costs incurred in taking various drainage and precipitation measures to ensure that the project is constructed under normal conditions.
According to the different management of each company, the financial accounting and management of construction enterprises is divided into the centralized management of the Ministry (centralized, by the company directly prepare financial statements) and the project separate management system (decentralized, by the company headquarters summary statement). Using the centralized management of the Ministry of the enterprise company has only one set of accounts, all the project accounts are handled in the same set of accounts in the company, the projects are only responsible for the preparation of the project cost statements and analyze the cost of the project. Decentralized management is a separate set of accounts for each of the company's projects. Each independent project has a separate bank account number and carries out the related account processing and preparation of financial accounting statements separately. Finally, the financial statements of each project are summarized by the company's headquarters.
The advantage of the centralized type is that the company headquarters can grasp the cost of each project at any time, and implement real-time monitoring and dynamic management of the cost of each project, which is conducive to strengthening the company's financial management. Applicable to the company's headquarters and nearby projects more enterprises. The disadvantage is that the accounting information of the field projects may not be timely, and cannot accurately reflect the financial situation of the company in a timely manner; not conducive to the tax planning of construction enterprises.
The advantage of decentralization is to reduce the accounting work of the company's headquarters, which is conducive to the timely and accurate reflection of the project department's financial situation, and is conducive to the company's tax planning. The disadvantage is that it is easy to cause the project manager to have too much power, breeding corruption. If the project financial personnel can not play a good supervisory role and in the management of the strong, it is not conducive to the company's financial management. The implementation of decentralization requires the company to implement a system of assignment of project financial personnel. The financial personnel are assessed by the company, but should have considerable power and be able to maintain good professional conduct. Applicable to construction companies with more projects in the field.
No matter which way is used, it is necessary to focus on strengthening the financial management of the company and the project, and it is necessary to be able to give full play to the functions of the financial department's accounting, supervision and reflection.
Decentralized management is "the company's projects to open a separate set of accounts. Each independent project has a separate bank account and a separate account processing, preparation of financial accounting statements. Finally, the financial statements of each project are summarized by the company's head office. "
This decentralized management, the advantages are very significant, conducive to tax planning, and the financial status of the project is clear, easy to analyze the management and timely detection of project problems and possible problems. But the shortcomings are also very obvious.
If the project to maintain the independence of the basis, to centralize, should also be an ideal way. But it needs to be supported by financial software.
One. Bank accounts, according to the headquarters needs to open, not according to the project to open, too many bank accounts exist, to some extent in the aggravation of the difficulty of financial management and risk.
Two. In the headquarters of the unified accounting, accounting staff set up by project; financial software needs to realize the internal part of the departmental accounting functions. That is, in a unified set of accounts, each project (or department) is relatively independent, with independent general ledger ledger statements and other features of an independent set of accounts, but also in the headquarters of the unified accounting. Accounting staff of each specific project, accounting for the project's accounting operations. In the set of accounts, the headquarters acts as an internal accounting department balanced with the project. Headquarters and the project divisions together is the company's overall set of accounts.
Three. Independence of the project divisions of the funds. By setting up the "internal bank deposit" account in the internal financial accounting, we can realize the independence of the funds of each project division. Internal departmental accounting, divided into project departments, the company headquarters, the company's three major parts. For the company as a whole, its funds by the bank deposits and cash, other monetary funds; and project divisions, the company's headquarters by the funds of the "internal bank deposits"; project divisions and the company's headquarters, "internal bank deposits" total number is zero, and therefore This "internal bank deposits" account will not affect the overall financial data of the company.
Said a little abstract, for example, from the company's inception:
1. The company received a registered capital of 100
Borrow: bank deposits - the company's 100 credit: paid-in capital - the company's 100
2. A construction project A on the headquarter of the allocation of 40, the form of general internal borrowing, charging a certain amount of interest to strengthen the awareness of the time nature of the funds of the person in charge of the project
3. The person in charge of the awareness of the timing of the funds
Borrow: internal bank deposits - project A40 credit: short-term borrowing - project A40
Borrow: internal bank deposits - headquarters - 40 credit: short-term borrowing - headquarters - 40
< p>Collect interest on project segment 5Borrow: finance charges - project A5Credit: internal bank deposit - project A5
Borrow: finance charges - HQ-5Credit: internal bank deposit - HQ-5
From the The above entries can be seen from the company as a whole, a red and a blue hedge, there is no actual business occurs, but specifically to the project division, there is a borrowing, there is a fund; more than one expense, reducing the available funds a little.
Four. If the financial software can be realized through the Internet remote transmission, project accountants can also be stationed in the project location for timely accounting and monitoring, of course, there are documents and vouchers brought together to the headquarters, by the sub-accountant to deal with the current more realistic. But remote management should also be a direction of development.
1, on the cost of the account processing:
Allocation of wages and bonuses:
Borrowing: construction - contract cost - labor (production workers wages and bonuses)
Machinery operations - wages and additional (machine driving personnel wages and bonuses)
Construction - contract cost - overhead - management personnel wages (project management personnel wages and bonuses)
Engineering and construction - contract cost - overhead - management personnel wages (project management personnel wages) Bonus)
Loan: Employee's salary payable
Raw materials received
Borrow: Engineering construction-Contract cost-Materials cost
Loan: Raw materials
Taiwan billing:
Borrow: Engineering construction-Contract cost-Machinery usage fee
Loan: Accounts payable (external unit) Machinery operation (internal equipment) Management provided by the bench)
The account of A-supplied materials:
A appropriation:
Borrow: Raw materials-A-supplied materials-XXLoan: Accounts receivable-Accounts receivable from the project-XXX unit
When receiving:
Borrow: Engineering construction-Contract cost-Materials feeLoan: Raw materials-A-supplied materials XX
Owners The account treatment of withholding tax:
Borrow: Taxes Payable - Payable XX Tax Credit: Accounts Receivable - Project Receivable - XX Unit
Interest incurred on special borrowing for the project:
Borrow: Project Construction - Contract Cost - Other Direct Costs Credit: Bank Deposit (new in the new standard)
Accounting treatment of commissioned materials (suitable for commissioned projects such as steel structure
When allocating materials:
Borrow: entrusted processing materials credit: raw materials - XX materials
Payment of processing fees:
Borrow: entrusted processing materials credit: bank deposits (accounts payable)
Recovering processing materials:
Borrow: raw materials - XX credit: entrusted processing materials
Collecting processing materials:
Recovering processing materials:
Borrow: raw materials - XX credit: entrusted processing materials
Collecting processing materials:
The same as the new standard. >The accounting treatment of the receipt is the same as raw materials.
2, subcontracting accounting topics
Engineering subcontracting and labor subcontracting in the construction enterprises are more common, labor subcontracting is relatively simple, accounting is relatively simple, not to make a specific introduction here.
Engineering subcontracting involves not only the cost of the project, but also involves accounting for transactions with the other party, as well as some contact with the owner's side. Usually, the subcontractor is in the name of the general contractor to participate in the construction of the project, but because in the project there are a lot of specific situations need to face, but also need to be timely settlement with the general contractor.
Often, the general contractor will require the subcontractor to prepare the project image progress report according to the image progress of the project, which will be audited by the general contractor and then paid after deducting the relevant other costs.
The main accounts involved are as follows:
1) Determination of subcontracting costs
The financial department of the general contractor will charge the project costs according to the finalized project progress statement. Usually the general requirements of the project progress statement is not very strict, as long as the total amount of the contract is not exceeded, the financial department can be based on the validation of the project progress statement to do the cost of the charge. At this time, the general contractor should require the subcontractor to issue construction and safety invoices.
Borrow: project cost - contract cost - subcontract cost - XX project
Loan: accounts payable - subcontract payable - XX unit
2), subcontractor to receive the material accounting
There are usually two ways to receive the material, one is directly against the subcontractor unit of the project payment processing, and the other is the subcontractor to buy raw materials of the general contractors, the general contractors do Revenue or deemed sales processing. Usually, the first way to deal with, conducive to tax planning. The second way is not desirable, unless the general contractor does exist the sale of raw materials, and can not distinguish between these materials actually constitute a project entity or sales. This is more critical to recognize at the IRS.
Collocation:
Borrow: Accounts payable - subcontract payable - XX unit
Loan: Raw materials - XX material
Subcontracting unit collocation of A material treatment:
Borrow: Accounts payable - payable subcontract - XX unit
Loan: Raw materials - A material - XX material
3), payment The processing is very simple.
Borrow: Accounts Payable-Subcontract Payable-XX units
Loan: Bank Deposits
4), the settlement with subcontracting units:
There are a lot of friends who have asked with subcontracting units when the settlement, what exactly the amount of the amount of the cost to be recorded as. In fact, this issue to a certain extent can also do some exploration, many enterprises are not handled in the same way.
Usually, the general contractor should be charged the amount of subcontracting costs = the total amount of settlement - subcontracting unit of the tax borne by the subcontracting unit - receivable subcontracting unit management, etc..
But in the actual project should be noted that the subcontracting unit of materials used can no longer be deducted from the above formula, because the subcontracting unit of raw materials used to constitute the cost of the project, and taxes in the general contractor to recognize income, has been recognized in profit and loss. The management fee charged by the general contractor, as a component of the gross profit of the project, does not need to be recognized again in the final amount of the subcontract settlement.
Example: a project contract amount of 10 million yuan, and the owner of the settlement of 12 million yuan, of which 5 million subcontracting. Has been audited subcontracting unit work progress of 4 million yuan, according to the subcontract, the general contractor to charge the subcontractor 10% of the management fee, excluding sales tax and surcharge 3.30%.
Then, in the actual handling of the need to pay attention to:
①, the management fee charged should be deducted from the settlement with the subcontracting unit, not reflected in the accounts.
②, the subcontractor's tax should be deducted when settling with the subcontractor.
That is, the settlement amount of the subcontracting unit should be = 500 × (1-10%-3.30%) = 433.5 million yuan
Finally replenish the difference into the cost:
Borrow: project cost-contract cost-subcontract cost-Project XX 33.5 million yuan (433.50-400)
Loan: Accounts payable 33.5 million yuan million
I. Taxes involved in the construction industry: business tax, urban maintenance and construction tax, education surcharge, stamp duty, enterprise income tax, personal income tax, property tax, land use tax, vehicle and vessel use tax and so on.
1, business tax
Turnover tax payable=taxable turnover*applicable tax rate, tax rate: 3%
2, urban maintenance and construction tax:
Urban maintenance and construction tax payable=turnover tax amount*applicable tax rate, tax rate: 7%, 5%, 1%
3, education surcharge surcharge:
Education surcharge surcharge surcharge = The amount of business tax payable * applicable tax rate, tax rate: 3%
4, stamp duty is mainly involved in the scope of the following: loan contracts, property insurance contracts, property leasing contracts
Borrowing contracts taxable amount = the amount of money borrowed * the applicable tax rate, the tax rate: 0.005 ‰
Property insurance contracts taxable amount = premium income * the applicable tax rate, the tax rate: 1 ‰
Taxable amount of property leasing contract=leasing amount*applicable tax rate, tax rate: 1‰
5, property tax:
(1) ad valorem: taxable amount of the year=taxable original value of the property×(1-deduction ratio)×1.2%
(2) from the rent: taxable amount of the year=rental income×12%
6, land use tax:
Use of urban land:
The land use tax of urban land is the same as that of rural land.
The urban land use tax adopts a fixed tax rate, that is, a range of differential tax, according to the large, medium and small cities and counties, towns, industrial and mining areas, respectively, per square meter of land use tax annual taxable amount. The specific standards are as follows:
(1) 0.5 yuan to 10 yuan for large cities.
(2) 0.4 yuan to 8 yuan for medium-sized cities.
(3) Small cities $0.3 to $6. Agents selling major online school study cards|Domestic Finance
(4)County cities, formed towns, industrial and mining areas 0.2 yuan to 4 yuan.
The annual taxable amount = the actual occupation of taxable land area (square meters)*applicable tax amount
7, the scope of taxation: the balance of the total annual income minus the amount of items allowed for deduction.
Annual income tax payable = annual taxable income*applicable tax rate
Enterprise income tax rate 25%
8. Individual income tax:
Wage and salary income tax rate
Bracket full-month taxable income tax rate%quick deduction
1Part of the amount not exceeding 500 yuan 50
2Part of the amount exceeding 500 to $2,000 1025
3 Over $2,000 to $5,000 15125
4 Over $5,000 to $20,000 20375
5 Over $20,000 to $40,000 251375
6 Over $40,000 to $60,000 303375
6 Over $40,000 to 60,000 Yuan 303375
7The part that exceeds 60000 Yuan to 80000 Yuan 356375
8The part that exceeds 80000 Yuan to 100000 Yuan 4010375
9The part that exceeds 100000 Yuan 4515375
Taxable income = (Monthly salary income -2000 yuan)*applicable tax rate - quick deduction