There are times when you urgently need to pay the bill, but there is no money in the account or there are some problems with the bank. In this case, there is a way out: pay the required amount from another organization. In this situation, well-written documents are very important. Otherwise, you may "run into" a fine when checking the accounting by the tax authorities.
It is necessary
- - offsetting act;
- - an invoice for payment;
- or
- - loan agreement.
Instructions
Step 1
In order to pay the amount through the buyer's current account, you can conclude an act of netting, that is, the organization pays your third campaign account for supplies or the provision of any services on your part. In the act, it is necessary to indicate the details of the recipient, the amount, the name of the payment and the account number. Also, the act should indicate the debt to the buyer, indicating the document number, amount, contract number and other information. The act is signed by the head and the chief accountant and sealed with the seal of the organization.
Step 2
In accounting, this operation should be reflected by the entry: D60 "Settlements with suppliers and contractors" K62 "Settlements with buyers and customers". When taxing offsets, the VAT rate should be taken into account. If the debt and the rate are the same, then the "input" tax is taken into account in full. If the debt is different, then in this case you only need to take into account the amount of VAT for which the offset occurred. There are no particular difficulties in calculating income tax. Income and expenses on this transaction are recognized in the reporting period in which they were incurred, regardless of the offset.
Step 3
Another way to pay the amount through the current account of another organization is a loan. In this case, you need to conclude a contract for its provision. In it, indicate the loan amount, beneficiary's details, payment purpose and, accordingly, the account number. The agreement is signed by the heads of organizations and sealed with seals.
Step 4
With such an agreement, the accountant must make the following entries: D60 "Settlements with suppliers and contractors" K66 "Settlements for short-term loans and borrowings" or 67 "Settlements for long-term loans and borrowings". Obtaining a loan is not an income of the organization and therefore is not included in the tax base when calculating income tax. But if there is a place to be interest, then they are part of non-operating expenses and reduce the tax base. VAT is not charged on this transaction either.
