Revenue and expenses from the category of non-operating and operating is carried out in a special account 91, which often open sub-accounts.Substchet 91-1 "Other income" is designed to take into account non-operating and operating income.Substchet 91-2 "Other expenses" is necessary to account for expenses and non-operating nature operational.Substchet 91-9 is needed to identify the difference between other income and expenses for the previous period.
Allowance for miscellaneous expenses
Adding entries for the specified sub-accounts produced accumulatively for the entire fiscal year.At the end of the month to determine the balance of made during the reporting month.Monthly balance is described in a special sub-account.When the fiscal year ends, all sub-accounts which are opened to account 91, except for the balances sub-account, the records are closed under subaccount 91-9.
for subaccount 91-1 on his credit recognized:
- revenues associated with the provision of non-permanent use in the company's assets for a fee;
- income related to the granting of rights arising due to industrial patents, the invention, as well as other kinds of intellectual property for a fee;
- receipts associated with other organizations to participate in the authorized capital;
- income related to sales and other write-offs of fixed assets and other assets, which are different from products, funds, goods;
- interest, coupled with a profit for the financial assets of the organization in the use of, and interest for the use of funds the bank account in which the means of the organization.
Other operating expenses are recorded on the debit 91-2:
- costs associated with the provision of non-permanent use of the assets in the company for some fee;
- costs Granting of rights related to patents, industrial designs, all kinds of inventions, as well as other kinds of intellectual property for a fee;
- costs associated with the participation of other organizations in the authorized capital;
- costs that are associated with the disposal, sale, as well as other assets and write-off of assets, other than goods, money and products;
- the residual value of the assets, interest, which pays the organization, the costs associated with payment services, valuation allowances and deductions.
Other expenses
Position on accounting 10/99 regulates the operating costs.Then take into account the costs of the direct activities of the company, in addition to those that make up the cost of production, which has already been implemented.Considered operating costs that are associated with the following:
- the participation of other companies in the authorized capital;
- giving the firm's assets for temporary use;
- disposals, write-off of the main goods or tangible assets;
- contributions to special valuation reserves;
- Payments on loans and credits;
- provisioning.
Other costs associated with the Tax Code.They decided to attribute the amount of duties and taxes, which are credited to the financial results of the company's functioning.
The operating costs include the cost of selling assets.They decided to attribute the residual value, the cost of packaging, transportation, and others.Operating expenses from the write-off of funds should be reflected in the accounting period to which they are associated.
information on the costs of an institution must be disclosed in the accounting documentation.Profit and loss account of the company includes the cost divided by the cost of goods, products, services, activities, administrative and selling expenses, non-operating and operating costs, as well as extraordinary, if any.All of this is classified as "Other expenses".
