Does the first stocking of a newly opened mall count as a start-up expense - not a start-up expense. Incoming goods are merchandise, an asset, not an expense.
Newly opened shopping malls every purchase
Borrow: inventory goods
? Taxes payable --- VAT payable --- input tax
credit: bank deposits (or accounts payable and other subjects)
Specifics of start-up costs
1, the expenses of the preparatory staff Expenses(1) the labor costs of the preparatory personnel: specifically, including the preparatory personnel of the salary bonus and other wage expenses, as well as should pay a variety of social insurance. In the preparation period welfare expenses, such as medical expenses expenses, if the preparatory period of a shorter period of time can be factual expenses, the preparatory period of a longer period of time, you can be based on the 14% of the total wages. Employee welfare expensesto be resolved. (2)Travel expenses: including in-city transportation costs and out-of-town travel expenses. (3)Board of Directors' feesand joint committee fees
2, business registration, notarization of fees. : mainly includes registration fees, capital verificationfees, tax registration fees, notary fees and so on.
3, the costs of raising capital: mainly refers to the fees paid for raising capital and the exclusion of Fixed Assets and Fixed Assets and. Intangible assets exchange gains and losses and interest.
4, personnel training costs: there are mainly the following two cases (1) the introduction of equipment and technology needs to be digested and assimilated, selected and sent some workers in the preparatory period to go out for further training and learning costs. (2) Hiring experts for technical guidance and traininglaborand relatedcosts. Costs.
5, Amortization of business assets, obsolescence and destruction
6, OtherExpenses(1) Office expenses, advertising expenses, and socializing expenses incurred during the preparatory period. (2)Stamp Duty(3) Feasibility study incurred by the investor confirmed to be borne by the enterprise. (4) Other expenses related to the preparation of the project, such as expenses for information research, litigation, printing of documents, communications, and celebration gifts.
Expenses not included in the scope of start-up costs
1, the costs incurred in the acquisition of various assets. Including transportation costs, installation costs, insurance costs and related labor costs incurred at the time of acquisition and construction of fixed assetsand intangible assets
1, costs incurred in acquiring each asset. .
2, providing for expenses to be borne by the investing parties. For example, the investing parties for the preparation of the establishment of the enterprise investigation, negotiation of travel expenses, consulting fees, hospitality and other expenditures. Our government also stipulates that when a Sino-foreign joint venture is negotiating, the hospitality expenses incurred by requesting foreign businessmen to negotiate business should not be listed as start-up costs of the enterprise, and should be borne by the enterprise that made the invitation .
3. Expenditures on fixed assets, intangible assets, etc., purchased and constructed for the purpose of training employees shall not be included in the start-up costs.
4, the interest paid by the investor for putting in capitalfinancing its own money shall not be included in the start-up costs, and shall be borne by the investor itself.
5, the handling fee paid for depositing cash in foreign currency shall be borne by the investor.
Determination of the Preparation PeriodEnterprisePreparation PeriodDetermination of the Preparation Period in China is greatly influenced by the tax law. For example, the Implementation Rules of the Foreign Income Tax Law provides that "the preparation period for foreign-funded enterprises is the period from the date of approval of the preparatory work of the enterprise to the commencement of production and operation (including trial production). The "date of approval for preparatory work" referred to above specifically refers to the date when the investment agreement and contract signed by the enterprise are approved by the government of China. The "date of commencement of production and operation (including trial production)" refers to the end of the preparatory period from the date on which the enterprise's equipment starts to operate, and the enterprise starts to supply materials to manufacture products or sell the same first commodity. Other enterprises may refer to this provision.
Amortization of start-up costsStart-up costs are generally amortized over a five-year period, and the new business accounting systemprovides that start-up costs are amortized over a period of time
Amortization of start-up costs
< p>If it is to a new shopping mall every time the goods (that is, delivery on credit)Borrow: issued goods
Loan: inventory goods
After the sale:
After the sale.
Borrow: accounts receivable (or bank deposits, etc.)
Loan: income from main business
Taxes payable - payable value-added tax - output tax
< p>Borrow: main business cost
Credit: issued goods
---------------------------------------- Not afraid of malicious adoption of brush points Stick to the pursuit of truth truth