In order to attract more visitors and increase their income, companies offer discounts to their customers. And this moment must be correctly reflected in accounting.
Instructions
Step 1
If the price changes at the time of sale, that is, there is an immediate sale for a lower amount, make the following posting. Debit 62 (50), credit 90-1, where the sales proceeds will be reflected, while the discount will be taken into account. Debit 90-30, credit 68 subaccount "Calculations of VAT", which reflects the accrual of VAT on the actual amount of sales, provided that the company pays taxes. Debit 51, credit 62 - reflects the receipt of payment by the seller already taking into account the discount.
Step 2
If it is necessary to reflect a discount for future purchases when a customer accumulates a specific discount percentage for a certain number of purchases, the provision of this discount is reflected at the time of the sale of the product or the provision of services. And in this case, make the postings. Debit 62 (50) credit 90-1 - the profit from the sale, taking into account the discount, is reflected. Debit 90-2, credit 68, subaccount "Calculations for VAT", when VAT is charged on the actual amount of sales, provided that the company is a taxpayer. Debit 51, credit 62 - reflects the receipt of payment from the buyer, taking into account the discount.
Step 3
Also, the discount may apply to purchases made in the past. It should be reflected depending on when exactly it was provided. If, before the end of the year in which the sale of goods was made, at the time of sale, the transaction will be as follows - debit 62, credit 90-1 - reflection of sales proceeds. Debit 90-3, credit 68 subaccount "Calculations for VAT" - VAT accrual. Immediately at the time of granting the discount - debit 62, credit 90-1 - reversal of profit on goods already shipped by the amount of the discount. Debit 90-3, credit 68 subaccount "Calculations for VAT" - cancellation of already accrued VAT.
Step 4
If the discount was provided in the current year, but based on the results of last year's sales, and the reporting was still submitted, the reversal records must be dated December 31 of the year passed. Debit 62, Credit 90-1 - Reversal of the amount of proceeds from the goods already shipped by the amount of the discount. Debit 90-3, credit 68 subaccount "Calculations for VAT" - cancellation of already accrued VAT, which refers to the amount of the discount.
Step 5
Provided that the discount is provided in the current year for products that were sold in the past, and the reporting for the last year has already been approved, this data cannot be corrected. In this regard, reflect the amount of the discount as part of other expenses. And if there are expenses of previous years, make a posting in the accounting - debit 91-2, credit 62 (76) - identifying losses of past years that are associated with the provision of a discount.
