How To Close The Account At Year-End? Make Complex Things Simple.

It is even more so for every accountant. All kinds of checkout and account handling are also very troublesome.

Not only to check assets and verify debts, but also to reconciliate accounts and settle accounts, until the end of the preparation of financial accounting reports, accounting staff at the end of a lot of things.

How to close the accounts at the end of the year?

The closing date for 1. is the annual December 31st of the Gregorian calendar.

The closing date of 2. is determined by the enterprise itself (usually between December 25th and -30).

Two. Composition of final accounts financial statements

The annual financial statement is the summary and reflection of the annual business results of enterprises. It is also the basis for making a budget for the next year.

Therefore, whether state-owned enterprises, private enterprises or foreign enterprises, annual financial accounts must be done. Every accountant must pay attention to it. Final accounts include financial statements and statements, and annual financial statements include:

1. balance sheet;

2. profit statement;

3. cash flow statement.

Three. Preparations for year-end financial statements.

Check the business year.

We should do a good job in clearing up funds, checking property, checking accounts, checking gains and losses, cleaning up vouchers and other preparatory work.

1. check the cash and bank reconciliation before checking out.

2. carry out a comprehensive verification of all assets of the company, make a year-end final liquidation of existing fixed assets, inventory and related materials, and arrange mutual enquiry.

3. accounting review, whether there are any problems that do not conform to the accounting system and financial management system, and whether it is true accounting profit or loss.

4. the review of key accounting subjects should focus on the examination of money funds, bills receivable, receivables, other receivables, inventory, fixed assets, pay for staff and other subjects, and based on the enterprises, according to the characteristics of their own enterprises, to carry out a comprehensive review of the key accounting subjects.

5. relevant documents such as vouchers and reports should be cleaned up.

1. a self-examination was conducted a year ago to pay attention to the adjustment items of the enterprise income tax settlement and to adjust the tax matters.

In addition, statistics should be made according to the internal needs of the company, such as annual income, costs, expenses, sales volume, amount and so on.

2. check the usage of invoices.

3. check the tax payment and payment.

Make a general analysis of the taxes and fees of the enterprises in that year, then calculate the tax burden of the year, compare with the tax burden prescribed by the local tax authorities, and make appropriate adjustments according to the tax burden prescribed by the tax authorities.

This is because the tax authorities' audit cases are often selected from enterprises with abnormal annual tax rates, so enterprises should calculate their tax situation at the end of the year.

4. check whether the property tax and land use tax are paid according to the regulations.

5. check the tax returns.

6. prepare for registration or approval:

(1) tax preferences for accelerated depreciation of fixed assets;

(2) wage payment standards and related systems;

(3) travel and subsidy standards;

(4) the tax preference of the enterprise to purchase the investment amount of special equipment to offset the income tax;

(5) preferential policies for the pition of enterprise income tax;

(6) to implement the preferential policies for enterprise income tax due.

(7) the tax exemption of non-profit organization's income tax exemption;

(8) income tax concessions for initial processing of agricultural products;

(9) preferential tax relief for eligible environmental protection, energy conservation and water saving projects.

(10) preferential tax reduction for pfer of technology;

(11) preferential tax deduction for R & D expenditure.

(12) venture capital enterprises deduct the tax preference of taxable income according to a certain proportion of investment.

(13) the tax preference for income reduction of enterprises' comprehensive utilization of resources;

(14) tax exemption for interest income from treasury bonds;

(15) tax preference for equity investment income such as dividends and dividends;

(16) preferential tax deductions for wages paid by enterprises for the placement of disabled persons and other employment personnel encouraged by the state.

(17) preferential tax deduction for agricultural, forestry, animal husbandry and fishery projects (excluding agricultural primary processing projects);

(18) low tax rate follow-up management for small and small profit enterprises.

For more information, please pay attention to the world clothing shoes and hats and Internet cafes.