How to reflect the rental of premises for rent
How to reflect the rental of premises for rent
One area of accounting isleasing operations. Often, professionals have questions in the preparation of transactions for rent. To do this, you need to take into account the specific nuances of working with company accounts.
Instructions
1
Indicate rent as a gain from deliverypremises for temporary use. The amount of rent received in this case should be reflected by opening a debit on account 62 and a credit under sub account 1 of account 90. Please note that VAT is also charged for renting premises in accordance with the invoice issued for debit on sub-account 90.3 ("Sales VAT ") And a credit under sub-account 68 (" VAT settlements ").
2
Write down expenses in the correspondence of account 90The lessor for the account 26. The VAT is added to the expenses incurred. This tax deduction is related to the operation to open a debit through the sub-account 68 ("VAT settlements") and a credit through account 19 ("VAT on purchased valuables"). As soon as the tenant makes payment for the rent of the premises, form a debit on the account 50 or 51, as well as a credit under the account 62 depending on which method was used for payment.
3
Take the rent to the non-realizedincome. The amount of rent in this case should be reflected as the debit of account 62 and the credit of account 91.1. In this case, it is necessary to write off the expenses of the lessor and the VAT accrued through the debit of account 91.1, indicating the corresponding account of correspondence. Post the incoming rent on accounts 50, 51 and 62.
4
Use the account number 98 ("Income futureperiods ") to account for a single payment for the lease of premises for the entire period of the lease. The advance payment is reflected as a credit account 62 and debit account 51. Next you need to make an accounting reference, reflecting in it the received prepayment as deferred income. Use debit account 98 to write off the required amounts.
