68 tax calculations. Accounting for budget settlements

1. Credit turnover on account 90.01 (in the absence of sales at a rate of 0% and transactions not subject to VAT) * 18/118. Should be equal to the debit turnover on account 90.03 in correspondence with account 68.02.

2. Credit turnover on account 91.01 in correspondence with account 62 *18/118. Should be equal to the debit turnover on account 91.02 in correspondence with account 68.02.

3. Check whether there was a gratuitous transfer, gifts. If there were, then charge VAT from the market price - 18% Dt 91.02 Kt 68.02

4. In the absence of sales at a rate of 0% and transactions not subject to VAT, the balance of account 19 at the end of the tax period must be equal to 0.

5. If there were transactions that were not subject to VAT, for example, the sale of securities, interest on loans issued, it is necessary to check what is the share of expenses for the above operations in the total amount of expenses. If the share of expenses does not exceed 5% in the total share of expenses and the accounting policy of the taxpayer provides for the application of par. 9 clause 4 of the Tax Code of the Russian Federation, then all amounts of tax are deductible.

6. Correspondence of accounts 62.1 and 62.2 for the presence of debit and credit balances for the same counterparty and bottom and the same agreement. If there is, repost.

7. The balance of account 76.AB should be equal to the balance of account 62.02 * 18/118, if there were advances in foreign currency or conventional units- add the balance of these accounts.

8. Correspondence of accounts 60.01 and 60.02 for the presence of debit and credit balances for the same counterparty and the same agreement. If there is, repost.

9. The balance of account 76.VA for a specific counterparty and agreement (subject to the conditions specified in paragraph 9 of Article 172 of the Tax Code of the Russian Federation) should not be more than the balance of account 60.02 for the same counterparty and agreement *18/118.

sch. 68 "Calculations on taxes and fees" applies legal entities to display all information about mutual settlements with regulatory authorities for taxes and fees, both from the organization and employees of the enterprise.

Account 68 in accounting is intended to collect information on mutual settlements of accrued tax payments required to be paid to the budgets, the organization's debts to regulatory authorities and the identified amounts of overpayments.

Sch.68 is active-passive. The loan displays the amounts accrued for payment to the regulatory authorities in accordance with the provided declarations in correspondence with the relevant accounting accounts (for example, remuneration of employees, profits and losses, etc.). On the debit, data is collected on the actual transfers of the organization. In addition, VAT amounts presented by suppliers and accepted for deduction (from Kt19) and offset advances from buyers (from Kt76AV) are transferred to Debit account 68

Attention! Balances on account 68 must match the certificate of settlements on mutual settlements ordered from the Federal Tax Service.

Calculations for each tax are analyzed separately, therefore, separate sub-accounts of 68 accounts are opened in accounting:

68.01 - mutual settlements with the budget are taken into account as a tax agent when transferring personal income tax from employees' salaries;

68.03 - excises;

68.04 - data on advance payments and annual tax calculation on the company's profits are displayed here.

The payment is distributed between the federal and regional budgets.

Should be borne in mind! Organizations operating in accordance with PBU 18/02 must open an additional sub-account to reflect information on the calculation of advance payments.

68.07 - displaying information about the transport tax;

68.08 - property taxes;

68.10 - other types of taxes and fees

68.11 - UTII (for business entities that have chosen this form of taxation);

68.12 - STS (for business entities that have chosen this form of taxation);

68.13 - details of trading fees

68.22 - this sub-account records information on a possible VAT refund from exports if it is necessary to obtain additional permission from regulatory authorities (the sub-account is active)

68.32 - data on VAT transfers if the company acts as a tax agent (passive sub-account)

Analytical analysis

Reconciliation of mutual settlements with the budget is carried out separately for each specific type of payment, therefore, the analytics of account 68 is used to separate information by types of taxes (budget levels are additionally taken into account when calculating a profit payment), types of fees made (accrual / transfer, penalties / fines, etc.). e.)

Regulatory regulation

The use of account 68 to display information on mutual settlements with budgets of various levels in terms of taxes and fees paid is carried out in accordance with the current Chart of Accounts, approved by Order of the Ministry of Finance dated October 31, 2000 No. 94, and other legislative acts.

Account 68 - common accounting entries

1. accrual

   Dt70 Kt68.01 - withholding personal income tax from the wages of employees

   Dt99 Kt68.04 - tax deductions from the profit of the organization

   Dt90.03 Kt68.02 - accrual of VAT payable to the budget from sales

2. Payment to regulatory authorities

   Dt68 Kt50,51,55 - in cash or by bank transfer

3. Inclusion of accrued amounts in the costs of the enterprise

   Dt20.23 Kt68 - costs of the main or auxiliary production

   Dt26 Kt68 - inclusion in general business expenses

   Dt91.02 Kt68 - reflection of amounts as part of other expenses (for example, settlements on the property of an enterprise)

4. Acceptance for deduction of amounts of VAT presented by suppliers, excises
5. Offset of advance payments of buyers for accrued VAT

Natalya Vasilyeva, 2017-03-26

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Related reference materials

Synthetic and analytical accounting of personal income tax calculations.

In all cases, the amount of turnover on the credit of account 68 is reflected in correspondence with debited accounts. At the end of the month, the totals for the month and the balance at the beginning of the next month for certain debtors (creditors) and in general for the statement are read by debit.

Turnovers on the credit of accounts for the month in the context of the corresponding accounts are transferred to the order journal No. 8.

Synthetic accounting on account 68 "Calculations for taxes and fees" is conducted in working balance, where the balances and turnovers from the turnover sheet for analytical accounts are recorded. The results of the turnover sheet for analytical accounts are compared with the results of the corresponding synthetic account - they must be equal.

Account 68.02 "Value added tax"

After recording turnovers and balances for all sub-accounts included in the balance sheet, the final balance for account 68 is transferred to the General Ledger.

When compiling the balance sheet, the debit balance on account 68 is reflected in its asset, and the credit balance is in liabilities.

The credit turnover on account 68 shows the accrual of the company's debt to the budget for taxes, and the debit turnover indicates the payment of taxes to the budget.

The credit balance at the end of the reporting period on account 68 "Calculations on taxes and fees" is maintained by types of taxes. So, to account 68 in Invento LLC, a subaccount 68-2 is opened - “Personal income tax settlements”. At the enterprise, for each sub-account of account 68, accumulative statements are maintained, which indicate the balance at the beginning of the reporting period on debit or credit, the turnover on the account indicating the corresponding accounts, sum up the debit and credit, and display the balance.

In accordance with the Instructions for the application of the Chart of Accounts, payroll for employees of the organization is reflected in the accounting entry Debit of account 20 - Credit of account 70. Sub-accounts by types of taxes are opened for account 68

The withheld amount of personal income tax is reflected in the debit of account 70 in correspondence with the credit of account 68 "Calculations on taxes and fees" on the last day of each month. The transfer of tax to the budget (posting on the debit of account 68, subaccount - 2 "Calculations for personal income tax", and the credit of account 51) is made on the day the money is handed over to the staff.

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The purpose of account 68 is to display information about the charges accrued and paid by the enterprise and employees in the state budget. The rules for accrual and payment are regulated in the text of the Tax Code of the Russian Federation. Accountant conducts accounting for all obligations, on which calculations are subsequently carried out, after which the funds go to the treasury.

The Model Plan contains accounting rules, which contains information on the company's obligations to pay taxes and fees.

Taxes are amount of cash, the amount of which is regulated by the legislation of the Russian Federation, which an organization of any form of ownership is obliged to pay to finance the state. Such contributions are made by both individuals and legal entities.

Payments can be:

1. to the federal budget.
2. to the treasury of the region.
3. to the local budget.

To first type include income tax, VAT and excise duties. Regional and local character are charged as rules for the use of property and land.

According to the method of payment, taxes and fees recorded on account 68 can be divided into:

1. The amount of proceeds from perfect sales and sales of products is taxed - these are VAT, excise and customs duties.
2. From the cost of goods or services - tax contributions for the use of land, natural resources, water resources and property, as well as for the vehicle and for the gaming business.
3. Write-off of funds in accordance with the profit received - income tax of a legal entity. It is also used to display personal income taxes collected from employees. Depending on the selected accounting mode, the amount of contributions also varies. For example, organizations operating under the simplified tax system are exempt from paying VAT, property contributions and personal income tax.

Account 68, in accordance with the rules of accounting, is active-passive, because at the end of the reporting period it can form a balance of any nature, both debit and credit.

If the amount is worth credit, then this means that the enterprise has unfulfilled obligations to the state, and if according to debit, then they were fulfilled in this period in full. All charges accrued are recorded in a credit position in the balance sheet, and all write-offs are recorded in a debit position.

Turnovers displayed in debit indicate the repayment of debts on obligations or the amount of VAT returned when purchasing goods from suppliers. Credit transactions indicate the formation of obligations and the amount of VAT payable in accordance with the presented.

Debit

For these positions, the paid amounts of fees and VAT, which has been written off from. The following plan accounts are involved:

1. sch. 19– VAT on purchased goods and materials. It displays the amount of tax accrued on purchased goods and services.
2. sch. fifty- Cash transactions.
3. - Settlement accounts.
4. sch. 52– Currency transactions on accounts.
5. sch. 55– bank accounts opened with a special purpose.
6. - repayment of short-term liabilities.
7. sch. 67- writing off funds to pay off debt obligations with a long maturity.

Credit

Relevant accounts:

Sub-accounts

Depending on the chosen form of tax accounting and the scope of the organization, sub-accounts are applied to account 68. For each type of fee, there is a certain sub-account:

1. 68.01 - Here the amount of the accrued personal income tax is fixed. Both the company and the employees of the enterprise - individuals are obliged to pay it. Withholding occurs directly from the amount of wages
2. 68.02 - Accrued VAT.
3. 68.03 – Excise tax on the categories of products established by law.
4. 68.04 - Income tax. The tax base is the income received during the reporting period.
5. 68.05 – Payment of a fee for a negative impact on the environment, most often assigned to hazardous industries.
6. 68.06 - Land.
7. 68.07 - On a vehicle listed on the balance sheet of the organization.
8. 68.08 - For property. Calculated on the amount of funds owned by the company.
9. 68.09 - Advertising fee.
10. 68.10 – Taxes and fees that do not fall into the previous groups.

Responsible for displaying information on the calculation and payment of VAT subaccount 68.02. It is calculated on the basis of the submitted documents - issued and accepted invoices. For example, the Yunost company bought goods from the Conscience company for a certain amount. The seller has issued an invoice to the customer.

The wiring looks like this:

1. D 19 Kt 60– a record is made of the accrued (incoming) VAT.
2. D 68.02 Ct 19- the required amount is debited.

If the company sells the goods, then the posting will be different:

D 90.03 Ct 68.02.

Invoice in such situations posted at a specified time. In the course of carrying out the activities of the enterprise, the amount of VAT on subaccount 68.02 is accumulated on debit as a deduction, and on credit - for payment. For the final calculation need to find the difference between these two indicators - this will be the amount to be paid off debt obligations for VAT.

Correspondence

Basic typical wiring:

1. D 68 Ct 19– The total amount of contributions transferred to the state budget, including VAT. The basis document (DO) is a payment order.
2. D 68 Kt 50/51, 52, 55– Repayment of existing debt by transferring funds through a banking institution or in cash. TO - order for payment purposes.
3. D 70, 75 Kt 68- funds from wages and incomes of employees of the company in payment of personal income tax. TO - payroll.

Calculations for contributions to the state budget:

1. D 99 Kt 68– Accounting for the amount of income tax. TO - settlement certificate.
2. D 70 Kt 68- Accrued amount of personal income tax. The basis is a statement of the settlement type.
3. D 90 Kt 68– Displays VAT, excise and indirect taxes. TO - a certificate issued by an accountant.
4. D 91 Kt 68– Description of expenses of an operational nature, i.e. obtaining financial results. TO - settlement certificate or.

Verification of information on each type of contribution on mutual settlements is carried out in separate order. For this, account 68 is used, which allows you to break down information in accordance with the types of taxes. To calculate the tax on the profit of the enterprise, the levels of the budget and the type of payments made - repayment or accrual, fine or penalty are taken into account.

Turnover balance sheet

(OSV) is an accounting document that contains information about the status of accounts on the first day of the reporting period (month, quarter or year). It also contains information on the receipts and expenditures of funds at this time, as well as the state at the end of the reporting period. SALT can be monthly, quarterly and consolidated (12 months).

In account 68, information is indicated on the balance at the beginning of the period for debit and credit positions, the turnover of funds according to the indications of their purpose, and then the results are summed up for D and Kt, followed by the withdrawal of the balance.

Accounting features with examples and postings are presented below.

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1 . Synthetic accounting on account 68 “Calculations for taxes andaboutram". Registration of accounting entries of accrual and transfercalculation of taxes and fees

Synthetic accounting of settlements with the budget for taxes and fees is kept on the passive account 68 “Calculations for taxes and fees”, to which the necessary sub-accounts are opened for each type of taxes and fees according to the chart of accounts:

68.1 "Tax on personal income";

68.2 "Value Added Tax";

68.4 "Tax on income (profit) of organizations";

68.8 "Property tax";

68.10 "Other taxes and fees".

Synthetic accounting of taxes and fees on account 68 “Calculations on taxes and fees” is kept in the balance sheet, where the balances and turnovers from the turnover sheet for analytical accounts are recorded.

The credit of account 68 “Calculations on taxes and fees” reflects the amounts due for payment according to the data of tax declarations, in correspondence with the corresponding accounts of the sources of taxation.

The debit of account 68 "Calculations on taxes and fees" records the amounts actually transferred to the budget, as well as the amount of value added tax written off from account 19 "Value added tax on acquired valuables".

Accounts 19 “Value added tax on acquired valuables” and 68 “Calculations on taxes and fees”, subaccount 2 “Calculations on value added tax” are intended to reflect in accounting business transactions related to VAT. This is explained by the fact that when an enterprise buys material assets, it acts as a buyer of finished products and pays VAT, and when an enterprise sells finished products, it acts as a seller and receives VAT from the buyer. The difference between the amount of VAT received and paid is sent to the budget.

For settlements with the budget for personal income tax, account 68 "Calculations on taxes and fees" subaccount 1 "Income tax on individuals" is used. The amount of personal income tax deducted from the employee's salary is reflected on the credit of account 68 "Calculations on taxes and fees", subaccount 1 "Tax on personal income" and on the debit of account 70 "Settlements with personnel for wages". The transfer of tax to the budget is reflected in the debit of account 68 “Calculations on taxes and fees”, subaccount 1 “Tax on personal income” and in the credit of account 51 “Settlement accounts”.

Settlements with the budget for property tax are carried out on account 68 “Calculations on taxes and fees”, subaccount 8 “Property tax”. Tax accrual is reflected on the credit of account 68 “Calculations on taxes and fees”, subaccount 8 “Property tax” and on the debit of account 91 “Other income and expenses”, subaccount 2 “Other expenses”. Tax payment is reflected in the debit of account 68 “Calculations on taxes and fees”, subaccount 8 “Property tax” and in the credit of account 51 “Settlement accounts”.

For settlements with the budget for income tax, account 68 “Calculations on taxes and fees” is used, subaccount 4 “Tax on income (profit) of organizations”. The accrual of income tax is reflected on the credit of account 68 “Calculations on taxes and fees”, subaccount 4 “Tax on income (profit) of organizations” and on the debit of account 99 “Profits and losses”. Tax payment is reflected in the debit of account 68 “Calculations on taxes and fees”, subaccount 4 “Tax on income (profit) of organizations” and in the credit of account 51 “Settlement accounts”. Account 68 “Calculations on taxes and fees”, sub-account 4 “Tax on income (profit) of organizations” has analytical accounting by types of budget (Federal, Republican, Local). Depending on the budget to which the tax is charged, the operation is reflected in the corresponding amount.

Synthetic accounting on account 68 “Calculations for taxes and fees” is kept in the balance sheet, where the balances and turnovers from the turnover sheet for analytical accounts are recorded. The results of the turnover sheet for analytical accounts are compared with the results of the corresponding synthetic account - they must be equal.

2 . Analytical accounting on account 68 “Calculations for taxes andaboutram"

Analytical accounting on account 68 "Calculations on taxes and fees" is carried out by type of tax. The organization of analytical accounting of settlements with the budget should be built in such a way as to obtain the necessary information on each type of tax to the budget. Account 68 at the end of the reporting month may have a detailed balance (debit and credit) for tax payments. Every month, the enterprise draws up a turnover sheet for the analytical accounts of account 68 “Calculations for taxes and fees”. When compiling the balance sheet, the debit balance on account 68 is reflected in the asset balance, and the credit balance is in the liability.

Account 68 "Calculations on taxes and fees" is intended to summarize information on settlements with budgets for taxes and fees paid by the organization, and taxes with employees of this organization.

Account 68 “Calculations on taxes and fees” is credited for the amounts due on tax declarations (calculations) for contributions to the budgets (in correspondence with account 99 “Profits and losses” - for the amount of income tax, with account 70 “Settlements with personnel for wages" - in the amount of income tax).

The debit of account 68 "Calculations on taxes and fees" reflects the amounts actually transferred to the budget, as well as the amount of value added tax written off from account 19 "Value added tax on acquired valuables".

Account 68 "Calculations on taxes and fees" corresponds with the accounts

3 . Organization of analytical and synthetic accountingmidyotov with a budget for taxes and feeson the example of an enterpriseby productiondstvu leather goods

synthetic tax accounting budget

At the enterprise for the production of leather goods, a memorial-order form of accounting is used. Based on the data of primary or accumulative documents, memorial orders are compiled to record business transactions on accounting accounts. The memorial warrant records the reason for the transaction, the corresponding accounts and the amount. The memorial order is certified by the signature of the chief accountant. The data in the memorial warrants serve as the basis for an entry in the registration journal. The total result of the registration journal is equal to the results of debit and credit turnovers on accounts.

Accounting for payments on taxes and fees is kept on account 68. The credit turnover on account 68 shows the accrual of the enterprise's debt to the budget for taxes. Debit turnover indicates the payment of taxes to the budget. The credit balance at the end of the reporting period on account 68 "Calculations on taxes and fees" reflects the enterprise's debt to the budget, the debit balance - the budget's debt to the enterprise.

Analytical accounting is carried out by types of taxes and various payments to the budget. To the 68th account, sub-accounts by types of taxes were opened. At the enterprise, for each sub-account of account 68, accumulative statements are maintained, which indicate the balance at the beginning of the reporting period on debit or credit, the turnover on the account indicating the corresponding accounts, sum up the debit and credit and display the balance.

For the preparation of calculations for all types of taxes, the enterprise maintains cumulative totals from the beginning of the year. The cards indicate the balance at the beginning of the year, turnover during the reporting period, the amount of payment or debt of the enterprise. This information is entered into the card on the basis of the accumulative statement. Maintaining such a card allows you to track the accrual and payment for each type of tax. Cards are stored in special boxes - file cabinets. To ensure control over their safety, they are registered in a special register. In addition, the accounting department of the enterprise reflects the calculation for each type of tax, based on the accrual base and% rate. Also, analytical accounting is maintained in the turnover sheet for analytical accounts for each sub-account of account 68. Entries in order journals are made from primary documents in the context of corresponding accounts by credit, that is, by credit of this account in correspondence with debited accounts.

Monthly totals of each journal-order show the total amount of the credit turnover of the account, the operations of which are recorded in the journal, and the sum of the debit turnovers of each account corresponding to it.

Business transactions are recorded in order journals as they are completed and formalized by primary documents, and thus systematic and chronological records are simultaneously carried out. Reconciliation of the correctness of keeping records in the journal-order occurs by comparing the totals for debited accounts with the total for the credit of the account. Reconciled monthly totals from order journals are transferred to the General Ledger.

The credit turnover on the account is transferred from the corresponding journal, and the debit turnover - from other journal-orders on the corresponding accounts, thus, the debit turnover of the account is deciphered in the General Ledger, and the credit turnover is deciphered in the journal-order.

The general ledger is maintained correctly if the sums of debit and credit transactions, as well as debit and credit balances, are equal. With this form of accounting, multiple entries are excluded and statistical and analytical accounting is combined.

Synthetic accounting of settlements with the budget on account 68 is kept in the journal-warrant, and analytical (by types of taxes and payments) - on cards.

Analytical accounting is maintained on account 68 "Calculations on taxes and fees", which is designed to summarize information on settlements with budgets for taxes and fees paid by the organization, and taxes with employees of this organization. Account 68 “Calculations on taxes and fees” is credited for the amounts due on tax declarations (calculations) for contributions to the budgets (in correspondence with account 99 “Profits and losses” - for the amount of income tax, with account 70 “Settlements with personnel for wages" - for the amount of income tax, etc.). The debit of account 68 "Calculations on taxes and fees" reflects the amounts actually transferred to the budget, as well as the amount of value added tax written off from account 19 "Value added tax on acquired valuables". Analytical accounting on account 68 "Calculations on taxes and fees" is carried out by type of tax. The organization of analytical accounting of settlements with the budget is built in such a way as to obtain the necessary information on each type of tax to the budget. Account 68 at the end of the reporting month may have a detailed balance (debit and credit) for tax payments. Every month, the enterprise draws up a turnover sheet for the analytical accounts of account 68 “Calculations for taxes and fees”. When compiling the balance sheet, the debit balance on account 68 is reflected in the asset balance, and the credit liability. Turnovers on account 68 “Settlements with the budget” Auxiliary production is also reflected in the accumulative statement, card “Property tax”. Subsequently, they serve as the basis for compiling a turnover sheet for analytical accounts and a turnover balance sheet.

Main correspondence on account 68:

In our case, the main activity of the enterprise is the production of leather goods, therefore, the cost of production of these products is accounted for on account 20 “Main production”.

The largest taxes paid are: VAT, income tax, property tax.

Account 19 “Value added tax on acquired valuables” and account 68 “Calculations on taxes and fees”, subaccount “Calculations on value added tax” are intended to reflect in accounting business transactions related to VAT.

On the debit of account 19 “Value added tax on acquired valuables”, on the relevant sub-accounts, the customer organization reflects the amount of tax on acquired material resources, fixed assets, intangible assets in correspondence with the credit of accounts 60 “Settlements with suppliers and contractors”, 76 “Settlements with various debtors and creditors.

After the specified property is registered, the amount of VAT recorded on account 19 is debited from the credit of this account, depending on the direction of use of the acquired objects.

An accounting entry must be made for the amount of the permanent tax liability:

Debit of account 99 “Profit and Loss”, subaccount “Permanent tax liability”, credit of account 68 “Calculations on taxes and fees”, subaccount “Calculations on income tax”.

Deferred tax assets are accounted for in a separate synthetic account.

The debit of account 09 “Deferred tax assets” in correspondence with the credit of account 68 “Calculations on taxes and fees” reflects a deferred tax asset that increases the amount of conditional expense (income) of the reporting period.

The credit of account 09 "Deferred tax assets" in correspondence with the debit of account 68 "Calculations on taxes and fees" reflects the reduction or full repayment of deferred tax assets by reducing the conditional expense (income) of the reporting period.

When the relevant assets are disposed of, deferred tax assets are also written off. Analytical accounting of deferred tax assets is carried out by types of assets or liabilities, in the assessment of which a temporary difference has arisen.

For synthetic accounting of deferred tax liabilities, account 77 “Deferred tax liabilities” is used. The occurrence of deferred tax liabilities is documented with an accounting entry: Debit of account 68 “Calculations on taxes and fees”, sub-account “Calculations on income tax” Credit of account 77 “Deferred tax liabilities”

Analytical accounting of deferred tax liabilities is carried out by types of assets and liabilities for which a taxable temporary difference has arisen.

As the taxable temporary differences decrease or fully recede in subsequent reporting periods, deferred tax liabilities are reduced or repaid accordingly. According to these operations, account 77 “Deferred tax liabilities” is debited and account 68 “Calculations on taxes and fees” is credited, sub-account “Calculations on income tax”.

The deferred tax liability upon disposal of the asset object or the type of liability for which it was accrued is written off from the debit of account 77 “Deferred tax liabilities” to the credit of account 99 “Profit and losses”. If some assets, on which taxable temporary differences and deferred tax liabilities arose, do not enter the organization, then there is no increase in taxable profit in the reporting and subsequent reporting periods. The deferred tax liability for such assets is written off to account 99 “Profit and Loss”.

The amount of the accrued conditional income tax expense is reflected in the accounting records on the debit of account 99 “Profit and Loss”, subaccount “Contingent expenses” and the credit of account 68 “Calculations on taxes and fees”, subaccount “Calculations on income tax”. The amount of accrued conditional income is reflected in the debit of account 68 and the credit of account 99, sub-account "Conditional income".

When adjusting income tax in accounting, an explanatory note is drawn up indicating in it all amounts and a description of all indicators for which accounting profit is adjusted. When accruing income tax, account 99 “Profits and losses” is debited and account 68 “Calculations on taxes and fees” is credited. Due tax sanctions are made out by the same accounting entry. The transferred amounts of tax payments are debited from the settlement account or other similar accounts to the debit of account 68 “Calculations on taxes and fees”.

Accounting for settlements of organizations with a budget for property tax of organizations is kept on account 68 "Calculations on taxes and fees" on a separate sub-account "Calculations on property tax". The calculated amount of tax is reflected in the debit of account 91 “Other income and expenses” and the credit of account 68. The amounts of property tax transferred to the budget are debited from the credit of account 51 “Settlement accounts” to the debit of account 68 “Calculations on taxes and fees”.

Transport tax payments are included by the payer in the cost of products (works, services). Tax accrual is reflected in the debit of accounts 26 “General business expenses”, 44 “Sales expenses” and the credit of account 68 “Calculations on taxes and fees”, sub-account “Calculations on tax on road users”.

Accounting for settlements of legal entities with a budget for land tax and land rent is kept on account 68 "Calculations on taxes and fees" on a separate sub-account "Calculation of land tax".

The calculated amount of tax or rent is monthly reflected in the credit of account 68 and the debit of accounts for accounting for cash current costs or other accounts (account 08 “Investments in non-current assets”, 20 “Main production”, 26 “General expenses”, 29 “Service production and farms " and etc.). The transferred amounts of tax or rent are written off to the debit of account 68 from the credit of cash accounts.

Since the enterprise is a tax agent, it calculates the amounts of personal income tax, deducts them from income paid to individuals and transfers them to the budget.

The calculation of the amount of personal income tax payable to the budget for a month is carried out in the following sequence:

1. On the basis of timesheets, orders of the head, sheets of temporary disability and other similar documents, wages are calculated for employees on the payroll of the enterprise. The amounts of accrued wages and other payments are reflected in the personal account of each employee and in the payroll.

2. A list of other payments in favor of individuals is compiled.

3. For each individual, the information in the individual card is filled in on an accrual basis from the beginning of the year:

The amount of taxable and non-taxable payments,

The amount of standard deductions and tax credits,

The amount of tax to be withheld.

4. The amount of personal income tax to be withheld from the employee's income for the current month is transferred from the card to the personal account, and then to the payroll.

5. For all payroll statements and other documents, the amount of tax on personal income payable to the budget for the current month is summarized.

6. The amount of personal income tax payable to the budget for the current month is calculated.

7. Personal income tax is paid to the budget according to the relevant budget classification codes.

Bibliography

1. Tax Code of the Russian Federation (Part One) dated July 31, 1998 No. 146-FZ (as amended on July 19, 2011).

2. Tax Code of the Russian Federation (Part Two) No. 117-FZ dated August 5, 2000 (as amended on July 19, 2011).

3. Federal Law of November 21, 1996 No. 129-FZ “On Accounting” (as amended on September 28, 2010).

4. Audit / textbook, ed. R.P. Bulygi. - M.: UNITI-DANA, 2009. - 431 p.

5. Bulatov M.A. Accounting Theory: Tutorial. M.: Publishing house "Exam", 2010. - 256 p.

6. Zakharyin V.R. Accounting Theory: Textbook. M.: INFRA-M: FORUM, 2008. - 304 p.

7. Kamyshanov P.I., Kamyshanov A.P. Accounting financial accounting. - M.: Omega-L, 2010. - 656 p.

8. Kondrakov N.P. Accounting: Textbook. M.: INFRA-M, 2007. 592 p.

9. Chart of accounts for financial and economic activities of organizations and instructions for its use, approved. Order of the Ministry of Finance of the Russian Federation. October 31, 2000 No. 94 n.

10. Legal information system "Consultant Plus"

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Economic and legal substantiation of the audit of calculations for taxes and fees. The procedure for the formation of the taxable base and the maintenance of synthetic accounting of taxation operations on the example of LLC "Moloko". Evaluation of the internal control system of the enterprise.

term paper, added 12/09/2011


The system of taxes, the distribution of funds between the budgets of different levels and the problems of their accounting. Organization of accounting and accounting policy of the enterprise under study. Disclosure of information on settlements with the budget for taxes and fees in reporting.

term paper, added 09/12/2014


Essence, types and elements of tax accounting. The concept, forms and composition of tax reporting. Synthetic and analytical accounting of tax and dues calculations in "Versales" LLC. The procedure for calculating taxes and improving accounting in the organization.

term paper, added 12/10/2011


Analysis of the dynamics and application of tax bases for the calculation of VAT, income tax, property tax of organizations and income of individuals at the agricultural firm "Sogratl". Conducting an audit of operations on settlements with the budget for taxes and fees at the enterprise.

thesis, added 01/28/2013


Theoretical and methodological aspects of accounting of organizations' calculations for taxes and fees, as well as accounting and control of organizations' calculations for taxes and fees. Monitoring the practical implementation of taxation in the Russian Federation.

term paper, added 01/04/2009


Tasks and sources of audit of settlements with the budget for taxes and non-tax payments. The procedure for checking the completeness and timeliness of settlements with the budget for VAT and excises. Peculiarities of the methodology for auditing settlements with the budget for various types of taxes.

sch. 68 "Calculations on taxes and fees" is used by legal entities to display all information about mutual settlements with regulatory authorities for taxes and fees, both from the organization and employees of the enterprise.

Account 68 in accounting is intended to collect information on mutual settlements of accrued tax payments required to be paid to the budgets, the organization's debts to regulatory authorities and the identified amounts of overpayments.

Sch.68 is active-passive. The loan displays the amounts accrued for payment to the regulatory authorities in accordance with the provided declarations in correspondence with the relevant accounting accounts (for example, remuneration of employees, profits and losses, etc.). On the debit, data is collected on the actual transfers of the organization. In addition, VAT amounts presented by suppliers and accepted for deduction (from Kt19) and offset advances from buyers (from Kt76AV) are transferred to Debit account 68

Attention! Balances on account 68 must match the certificate of settlements on mutual settlements ordered from the Federal Tax Service.

Calculations for each tax are analyzed separately, therefore, separate sub-accounts of 68 accounts are opened in accounting:

68.01 - mutual settlements with the budget are taken into account as a tax agent when transferring personal income tax from employees' salaries;

68.03 - excises;

68.04 - data on advance payments and annual tax calculation on the company's profits are displayed here. The payment is distributed between the federal and regional budgets.

Should be borne in mind! Organizations operating in accordance with PBU 18/02 must open an additional sub-account to reflect information on the calculation of advance payments.

68.07 - displaying information about the transport tax;

68.08 - property taxes;

68.10 - other types of taxes and fees

68.11 - UTII

68.12 - STS (for business entities that have chosen this form of taxation);

68.13 - details of trading fees

68.22 - this sub-account records information on a possible VAT refund from exports if it is necessary to obtain additional permission from regulatory authorities (the sub-account is active)

68.32 - data on VAT transfers if the company acts as a tax agent (passive sub-account)

Analytical analysis

Reconciliation of mutual settlements with the budget is carried out separately for each specific type of payment, therefore, the analytics of account 68 is used to separate information by types of taxes (budget levels are additionally taken into account when calculating a profit payment), types of fees made (accrual / transfer, penalties / fines, etc.). e.)

Regulatory regulation

The use of account 68 to display information on mutual settlements with budgets of various levels in terms of taxes and fees paid is carried out in accordance with the current Chart of Accounts, approved by Order of the Ministry of Finance dated October 31, 2000 No. 94, and other legislative acts.

Account 68 - common accounting entries

1. accrual

   Dt70 Kt68.01 - withholding personal income tax from the wages of employees

   Dt99 Kt68.04 - tax deductions from the profit of the organization

   Dt90.03 Kt68.02 - accrual of VAT payable to the budget from sales

2. Payment to regulatory authorities

   Dt68 Kt50,51,55 - in cash or by bank transfer

3. Inclusion of accrued amounts in the costs of the enterprise

   Dt20.23 Kt68 - costs of the main or auxiliary production

   Dt26 Kt68 - inclusion in general business expenses

   Dt91.02 Kt68 - reflection of amounts as part of other expenses (for example, settlements on the property of an enterprise)

4. Acceptance for deduction of amounts of VAT presented by suppliers, excises
5. Offset of advance payments of buyers for accrued VAT

   In all cases, the amount of turnover on the credit of account 68 is reflected in correspondence with debited accounts. At the end of the month, the totals for the month and the balance at the beginning of the next month for certain debtors (creditors) and in general for the statement are read by debit.

   Turnovers on the credit of accounts for the month in the context of the corresponding accounts are transferred to the order journal No. 8.

   Synthetic accounting on account 68 “Calculations for taxes and fees” is kept in the balance sheet, where the balances and turnovers from the turnover sheet for analytical accounts are recorded. The results of the turnover sheet for analytical accounts are compared with the results of the corresponding synthetic account - they must be equal.

   Account 68.04.2

   After recording turnovers and balances for all sub-accounts included in the balance sheet, the final balance for account 68 is transferred to the General Ledger.

   When compiling the balance sheet, the debit balance on account 68 is reflected in its asset, and the credit balance is in liabilities.

   The credit turnover on account 68 shows the accrual of the company's debt to the budget for taxes, and the debit turnover indicates the payment of taxes to the budget.

   The credit balance at the end of the reporting period on account 68 "Calculations on taxes and fees" is maintained by types of taxes. So, to account 68 in Invento LLC, a subaccount 68-2 is opened - “Personal income tax settlements”. At the enterprise, for each sub-account of account 68, accumulative statements are maintained, which indicate the balance at the beginning of the reporting period on debit or credit, the turnover on the account indicating the corresponding accounts, sum up the debit and credit, and display the balance.

   In accordance with the Instructions for the application of the Chart of Accounts, payroll for employees of the organization is reflected in the accounting entry Debit of account 20 - Credit of account 70. Sub-accounts by types of taxes are opened for account 68

   The withheld amount of personal income tax is reflected in the debit of account 70 in correspondence with the credit of account 68 "Calculations on taxes and fees" on the last day of each month. The transfer of tax to the budget (posting on the debit of account 68, subaccount - 2 "Calculations for personal income tax", and the credit of account 51) is made on the day the money is handed over to the staff.

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   Account 68.04.1 - Settlements with the budget

   Account 68.04.1 "Settlements with the budget"

   General account information:

   Account synonyms are: account 68.4.1, account 68-04-1, account 68/04/1, account 68 04 1, account [email protected]@1

   Account type: Active-passive

   see also other accounts chart of accounts: the whole chart of accounts

   see also PBU: all PBU

   Account characteristics/description:

   Sub-account 68.04.1 "Settlements with the budget" is intended to summarize information on settlements with the budget for tax on income (profit) of organizations. This account does not reflect the details of the calculation of the amount of income tax, produced in accordance with PBU 18/02 "Accounting for income tax settlements".

   Organizations that do not apply the provisions of PBU 18/02 reflect the accrual of income tax amounts payable to the budget (or a decrease in amounts due to be paid to the budget) on this sub-account in correspondence with account 99.01 "Profits and losses".

   Organizations applying the provisions of PBU 18/02 reflect the accrual of the current income tax payable to the budget (or a decrease in the amounts due to the budget) on this subaccount in correspondence with subaccount 68.04.2 "Calculation of income tax".

   Analytical accounting is carried out according to the budgets to which the tax is to be credited (subconto "Budget levels"). Subconto can take the following values:

   - "Federal budget",

   — "Regional budget",

   — "Local budget".

   Description of the parent account: Description of account 68.04 "Income tax"

   Business operations:

   "Entering opening balances: income tax"

   Debit 000 "Subsidiary account"Credit 68.04.1 "Settlements with the budget"

   What document is made in:
   - Entering opening balances in the "Enterprise" menu, type of operation: " Calculations for taxes and fees (accounts 68, 69)"

   "Transfer of funds from the settlement account of the organization to pay off the debt to the budget for income tax"

   Debit 68.04.1 "Settlements with the budget"Credit 51 "Settlement accounts"

   What document is made in 1c:Accounting 2.0/1c:Accounting 3.0:
   - Write-off from current account in the "Bank" menu, type of operation: " Tax transfer"

   "Charge of income tax for organizations applying PBU 18/02"

   Debit 68.04.2 "Calculation of income tax"Credit 68.04.1 "Settlements with the budget"

   What document is made in 1c:Accounting 2.0/1c:Accounting 3.0:
   - scheduled operation Income tax calculation"

   "Charge of income tax for organizations that do not apply PBU 18/02"

   Debit 99.01.1 "Profits and losses from activities with the main taxation system"Credit 68.04.1 "Settlements with the budget"

   What document is made in 1c:Accounting 2.0/1c:Accounting 3.0:
   - scheduled operation in the menu "Operations - Closing the month" type of operation: " Income tax calculation"