In order to properly maintain accounting and tax accounting in construction, it is necessary to take into account the specifics of this industry and apply in the work regulations governing the procedure for reflecting business transactions in the accounting of construction organizations.
Instructions
Step 1
Develop and approve, by order of the head, an accounting policy, taking into account the specifications of the construction organization. Define in the document how expenses are accounted for. Establish also the procedure and timing for the inventory of the property.
Step 2
Register separate subdivisions (branches) with the tax office at the location of the construction sites, if the construction sites of the organization are located in different regions. Determine the procedure and terms for the transfer of primary documents from these departments.
Step 3
Use to record the completed business transactions Standard unified forms of primary documents in force in construction (Resolution of the State Statistics Committee of 11.11.1999 No. 100 "On approval of unified forms of primary accounting documentation for accounting for work in capital construction and repair and construction works").
Step 4
Reflect R&D in accounting with the following entries:
- Debit of account 08 "Investments in non-current assets", Credit of account 60 "Settlements with suppliers and contractors" - expenses for the acquisition of intangible assets are taken into account;
- Debit account 04 "Intangible assets", Credit account 08 "Investments in non-current assets" - intangible assets are taken into account.
Step 5
Include in tax accounting the costs of research and development work as other expenses evenly within one year, provided they are used in production from the first day of the month following the month in which such research is completed (Article 262 of the Tax Code of the Russian Federation).
Step 6
Reflect the costs for each object as part of work in progress from the beginning of work to the end of construction completion (PBU 2/94 "Accounting for contracts (contracts) for capital construction"), if the organization performs work under a contract.
Step 7
Consider the costs of the facility on account 20 “Main production, if the organization is a contractor or investor. Open subaccounts to this account in the context of each customer and building object. Write off the cost of the object at the end of construction to account 43 "Finished products".
Step 8
Keep track of costs on account 08 "Investments in non-current assets", if the organization is a developer. After the completion of the work, write off the cost of the object by posting: Debit of account 01 "Fixed assets", Credit of account 08 "Investments in non-current assets".
