How to arrange hospitality
To confirm the need for such costs, you must make exculpatory documents. You also need to have an executive order about the use of funds by the campaign for suchcosts. primary documents (these can be invoices for purchases of any products, acts on the provision of services, etc.), as well as an act on the implementation of hospitality.
Next you need to make an estimate. It should consist of the following items: the purpose of the event, date, location, composition, the value of hospitality and the program of the reception. You also need to make a down report use the amount on the basis of primary documents (checks, invoices, receipts, etc.).
After using these funds, the manager must form an act that includes a statement of costs and the amount of actually spent amounts. This document is signed and stamped by the organization.
According to the PBU,costs can be included in the calculation of taxes in the reporting period only if they do not exceed 4% of the labor costs.
In accounting, such costs are reflected in account 26 "Generalcosts "Or 44" Sales costs. " If thesecosts exceed the limit, they are recognized as a deductible difference, which in turn postpones the tax on profits. This deferred amount reduces the tax in subsequent reporting periods.
Such costs are usually not included in the other expenses that are associated with the economic activities of the enterprise. Personal income tax, these amounts are not charged only if you have correctly completed original documents, and the costs justified.
Accounting should reflect representativecosts following wiring:
D44 "Expenses for sale" K60 "Settlements with suppliers and contractors" - reflectedcosts on official receptions.
D19 "Value added tax on purchased valuables" K60 - VAT accrued.
D60 K51 "Cashier" or 50 "Settlement account" - paid representationcosts .
D68 K19 - accepted for the deduction of VAT.
In case of exceeding the limit, the postings are made:
D09 "Deferred tax assets" K68 "Calculations for taxes and fees" - deferred tax.
Д68 К09 - the deferred tax is paid off.
Д68 К19 - deferred tax asset is deductible.