Despite the complexity of accounting, the general taxation system has a number of advantages over the simplified one: for example, there are no restrictions on the amount of revenue and the number of employees. Before moving from a simplified system to a general tax regime, it is necessary to bring accounting in line with the new rules and requirements.
Instructions
Step 1
Submit a notice to the tax office that you refuse to use the simplified taxation system. This must be done no later than January 15 of the year in which it is planned to start using the common system. Notify clients in advance that in the near future the VAT amount will be added to the price of goods, work or services.
Step 2
Form the tax base for the transition period if you plan to use the accrual method in determining income and expenses. In the month in which the tax regime will change, it is necessary to include in the income taken into account in the calculation of income tax, accounts receivable of buyers formed during the application of the simplified taxation system, and sales proceeds, regardless of whether payment was made. Advances received before the change in taxation regime should be included in the tax base for calculating the single tax. Check that after the transition to OSNO is made, they are not re-accounted for in income.
Step 3
Include unpaid payables to employees, suppliers, the budget and other counterparties in the "transition" expenses in the month of the tax change. Remember that the tax base determined for the purpose of calculating the single tax cannot be reduced by the amount of unpaid expenses, which is included in expenses in the month of transition to OSNO, regardless of the maturity of accounts payable.
Step 4
Restore accounting records for previous years. To form account balances at the beginning of the reporting period, it is also necessary to take an inventory of financial liabilities and property. Do not forget about the need to observe a special procedure when determining the residual value of intangible assets and fixed assets that were created or acquired before the transition to the simplified taxation system.
