1. Accounting treatment of general financial lessors
The start date of the lease term,
Debit: Long-term receivables-financing lease receivables
Unsecured residual value
accumulated depreciation
Loan: financial leased assets (the sum of the present value of minimum rental income and the present value of unsecured residual value)
Unrealized financing income
The difference between the book value of financial lease assets and the sum of the present value of minimum lease income and the present value of unsecured residual value is included in non-operating income or non-operating expenditure;
Make a record when you receive the repayment,
Debit: bank deposit
Loan: long-term receivables-financing lease receivables.
At the same time, amortization of unrealized financing income,
Borrow: Unrealized financing income (calculated and apportioned according to the actual interest rate)
Loan: rental income
Taxes payable-VAT payable (output tax)
At the end of the lease term, if the lessee exercises the preemptive right,
Debit: bank deposit
Loan: long-term receivables-financing lease receivables.
At the same time, make records,
Borrow: rental income
Credit: unguaranteed residual value
At the end of the lease term, if the preemptive right is not exercised, an accounting entry shall be made.
Borrow: finance lease assets.
Loan: long-term receivables-financing lease receivables.
Unsecured residual value
2. Accounting treatment of general financial leasing lessee
The start date of the lease term,
Borrow: finance lease assets (the present value of the fair value of the assets and the minimum lease payment on the lease start date is lower)
Unconfirmed financing expenses
Loans: long-term payables
Make entries when paying,
Debit: Long-term payable
Loans: bank deposits
At the same time, share the unconfirmed financing cost,
Debit: financial expenses
Loan: unconfirmed financing expenses (confirmed at the actual interest rate)
The expenses, travel expenses, attorney fees and stamp duty incurred by the lessee during the lease period are included in the value of the leased assets.
The characteristics of financial leasing are generally summarized in five aspects.
1. The leased property is determined by the lessee, and the lessor purchases and leases it to the lessee for use, and it can only be leased to one enterprise during the lease period.
2. The lessee is responsible for the acceptance of the leased property provided by the manufacturer, and the lessor does not guarantee the quality and technical condition of the leased property.
3. The lessor retains the ownership of the leased property, and the lessee enjoys the right to use it by paying the rent during the lease period, and is responsible for the management, repair and maintenance of the leased property during the lease period.
Four. Once the lease contract is signed, neither party has the right to unilaterally terminate the contract during the lease period. Only when the leased property is destroyed or proved to lose its use value can the contract be terminated, and if it is broken without reason, a considerable fine will be paid.
Verb (abbreviation of verb) After the lease term ends, the lessee generally has two choices for the lease item: to keep the lease item and to return the lease item. If it is necessary to keep the leased property, the purchase price can be determined by both parties through consultation.
The above describes how to deal with financial leasing. Financial leases are included in long-term receivables-financial lease receivables. Everyone must strictly implement the operation, preferably according to the actual situation of the enterprise. This is more troublesome to handle, that's all. Interested can pay attention to official website update!