During their activities, enterprises may, for one reason or another, violate the terms of various contracts, which results in late payments and delayed product release. In this case, the respondent organization pays the penalties accrued to it, reflecting them in the accounting records.
It is necessary
- - notification of the accrual of penalties or penalties;
- - accounting documents.
Instructions
Step 1
Receive a notice from tax authorities or other agencies about the accrual of penalties or interest due to violation of the terms of the contract, the timing of tax payments and other obligations. If the organization considers this decision unlawful, it has the right to challenge it in court. If you agree with the requirements put forward, this operation must be reflected in the accounting of the company.
Step 2
Russian legislation does not establish a clear procedure for opening accounting entries in the event of any violations. Nevertheless, in accounting it is customary to attribute penalties and fines to account 68 ("Calculations for taxes and fees"). At the same time, in accordance with article 270 of the Tax Code of the Russian Federation, these amounts do not relate to either taxable profit or to the accounting and tax reports.
Step 3
Penalties and penalties for tax payments should be reflected through the debit of account 99 and credit of account 68. As for the untimely repayment of insurance contributions to extra-budgetary funds, in this case, the calculation is carried out by opening a debit on sub-accounts of account 99 and credit of account 69.
Step 4
Pay attention to the peculiarities of accounting in accounting of penalties and penalties accrued for non-compliance with cash discipline. This administrative responsibility of the enterprise is reflected by opening a debit through sub-accounts of account 99 and credit of account 76.
Step 5
If it is necessary to issue a penalty in the accounting records due to a violation of the terms of an agreement with a counterparty under Article 330 of the Civil Code of the Russian Federation, follow the Tax Code of the Russian Federation. In accordance with it, in case of non-compliance with the obligations under the contract, the defendant is obliged to record the interest accrued to him as unrealized expenses for the period of recognition of this fine. Record contractual sanctions by opening a debit through subaccount 91-2 and credit through subaccount 76-2.
