Accounting for companies

Accounting for companies with cost centers and vat/sales tax.

Company XXX

Accounting 2018

Basic Currency: CHF

Double-entry with VAT/Sales tax

Accounts
Group Account Description Gr
    BALANCE SHEET  
       
    ASSETS  
       
  1000 Cash on hand 100
  1020 Bank account 100
100   Cash and cash equivalents 10
       
  1060 Bonds and stocks 106
106   Short-term Assets listed in Stock Exchange 10
       
  1090 Internal transfers 109
  1091 Transfer account for salaries 109
  1099 Amounts to be clarified 109
109   Transfer accounts 10
       
  1100 Due from Clients or Debtors 110
  1109 Provision for Doubtful Debts 110
110   Accounts receivable 10
       
  1140 Advances and loans 114
  1176 Withholding tax 114
  1180 Receivables from social insurances and social security institutions 114
  1188 Source tax 114
  1190 Various short-term receivables 114
  1191 Securities 114
114   Other short-term receivables 10
       
  1200 Goods for resale 120
  1210 Raw materials 120
  1220 Auxiliary material 120
  1230 Consumables 120
  1260 Finished products 120
  1270 In-process products 120
  1280 Non-invoiced services 120
120   Inventories 10
       
  1300 Prepaid expenses 130
  1301 Accrued income 130
130   Prepaid Expenses 10
       
10   Current assets 1
       
  1400 Bonds and stocks 140
  1440 Loans 140
  1460 Loan to share-holder 140
140   Financial assets 14
       
  1480 Investments 148
148   Investments 14
       
  1500 Machinery 150
  1510 Office furniture and equipment 150
  1520 Office machinery, information and communication technology 150
  1530 Motor vehicles 150
  1540 Tools and equipment 150
150   Tangible assets 14
       
  1600 Commercial buildings 160
160   Tangible fixed asset management 14
       
  1700 Patents, know-how, licences, rights and development 170
  1710 Brands 170
  1712 Models 170
  1770 Goodwill 170
170   Intangible fixed assets 14
       
  1850 Share capital, rights not paid or non-paid Foundation capital 180
180   Capital or non-paid Foundation capital 14
       
14   Fixed Assets 1
       
1   Total Assets 00
       
       
    LIABILITIES  
       
  2000 Suppliers or creditors 200
  2030 Deposits received 200
200   Suppliers or creditors 20
       
  2100 Due to banks short/term 210
  2120 Financial leasing commitments 210
  2140 Other onerous debts 210
210   Short-term onorous debts 20
       
  2200 VAT Due 220
  2201 VAT according to VAT report 220
  2206 Withholding tax 220
  2208 Direct taxes 220
  2210 Other short-term debts 220
  2260 Due to share-holder 220
  2261 Dividends 220
  2270 Social insurances and social security institutions 220
  2279 Source tax 220
220   Other short-term debts 20
       
  2300 Accrued expenses 230
  2301 Next year's revenues collected 230
  2330 Short-term provisions 230
230   Accruals and deferred income 20
       
20   Short-term third party capital 2A
       
  2400 Due to banks 240
  2420 Financial leasing commitments 240
  2430 Debenture loans 240
  2450 Loans 240
  2451 Mortgage 240
240   Long-term onorous debts 24
       
  2500 Other long-term debts (non-onorous) 250
250   Other long-term debts 24
       
  2600 Provisions 260
260   Provisions and similar statutory posts 24
       
24   Long-term third party capital 2A
       
2A   Third party capital 2
       
  2800 Share capital, rights, foundation capital 280
280   Capital or capital of the foundation 28
  2900 Legal reserves 290
  2940 Revaluation reserves 290
290   Legal reserves 28
  2950 Legal reserve from profit 295
295   Legal reserve from profit 28
  2960 Optional reserves from profit 296
296   Optional reserves from profit 28
  2970 Profit / Loss carried forward 297
29A   Profit / Loss for the year 297
297   Profit / Loss from Balance Sheet 28
  2980 Treasury stock, shares, rights of investment (negative) 298
298   Treasury stock, shares, rights of investment (negative) 28
       
28   Equity 2
       
2   Total liabilities 00
       
       
    PROFIT & LOSS STATEMENT  
       
  3000 Earnings from own products 30
  3200 Earnings from resale 30
  3400 Earnings from services rendered 30
  3600 Other revenues and services 30
  3710 Own consumption 30
  3800 Decrease in revenues 30
  3805 Losses on accounts receivable, credit variation 30
  3809 VAT flat tax rate 30
30   Net revenues from supplies and services 3
  3900 Change in inventories of in-process products 39
  3901 Change in inventories of finished products 39
  3940 Non-invoiced services variations 39
39   Change in inventories and Non-invoiced services 3
3   Revenues from supplies and services E1
       
  4000 Raw materials 4
  4200 Expenses for goods for resale 4
  4400 Third party expenses 4
  4500 Energy consumption for production 4
  4900 Reduction of costs 4
4   Costs for material, goods, services and energy E1
       
E1   Gross operating result after deducting costs for materials and goods E2
       
  5000 Salaries 5
  5700 Contribution to old age insurance and unemployment 5
  5710 Family equalization fund 5
  5720 Contribution to pension funds 5
  5730 Contribution to accident insurance 5
  5740 Contribution to voluntary daily benefits insurance 5
  5790 Source tax 5
  5800 Other personnel expenses 5
  5810 Training of personnel 5
  5820 Travel and entertainment expenses effective 5
  5830 Travel and entertainment expense allowance 5
  5900 Temporary staff 5
5   Personnel expenses E2
       
E2   Gross operating result after deducting personnel expenses E3
       
  6000 Rental 60
  6040 Cleaning of facilities 60
60   Rental 6
  6100 Maintenance, repairs and replacement of tangible assets 61
  6105 Leasing costs tangible assets 61
61   Maintenance, repairs and replacement of tangible assets 6
  6200 Repairs 62
  6210 Fuel 62
  6220 Car insurance 62
  6260 Car leasing and rental 62
  6270 Car costs - private part 62
  6282 Transportation expenses 62
62   Vehicle and transportation expenses 6
  6300 Insurance for damage of items 63
63   Insurance for damage of items 6
  6402 Electricity 64
  6410 Heating expenses 64
  6430 Water 64
  6460 Garbage 64
64   Energy and disposal costs 6
  6500 Office supplies 65
  6503 Technical magazines, newspapers, periodicals 65
  6510 Telephone / internet 65
  6511 Hosting at third-party 65
  6513 Postal charges 65
  6570 IT charges including leasing 65
  6580 Licenses and updates 65
  6583 Consumables 65
65   Administrative and IT costs 6
  6600 Advertising 66
  6642 Gifts to customers 66
66   Advertising 6
  6700 Various costs for the financial year 67
67   Various costs for the financial year 6
6   Other operating expenses, depreciation, value adjustments and financial results E3
       
E3   Operating result before depreciation and value adjustments, financial results and taxes (EBITDA) E4
       
  6800 Depreciation and value adjustments of fixed assets 68
68   Depreciation and value adjustments of fixed assets E4
       
E4   Operating result before financial results and taxes (EBIT) E5
       
  6900 Costs for bank interest 69
  6940 Bank costs 69
  6950 Financial revenue 69
69   Financial costs and revenue E5
       
E5   Operating result before taxes (EBT) E6
       
  7000 Non-operating revenue 7
  7010 Non-operating costs 7
  7500 Corporate real estate revenues 7
  7510 Corporate real estate costs 7
7   Non-operating items E6
       
  8000 Extraneous costs 8
  8100 Extraneous revenue 8
  8500 Extraordinary, unique costs or costs relating to other accounting periods 8
  8510 Extraordinary, unique revenue or revenue relating to other accounting periods 8
8   Results of extraneous, extraordinary or unique character, or for other accounting periods E6
       
E6   Profit or loss before taxes E7
       
  8900 Direct taxes 89
89   Direct taxes E7
       
E7   Annual profit or loss 29A
       
00   Difference should be = 0 (blank cell)  
       
       
    COST CENTERS  
       
  .PAC Packaging A INV
  .RM Raw materials A INV
  .AM Auxiliairy materials A INV
INV   Total inventories  
       
  ,MAN1 Maintenance 1 MAN
  ,MAN2 Maintenance 2 MAN
  ,MAN3 Maintenance 3 MAN
MAN   Total maintenance  
       
  ;PB1 Publicity 1 PU
  ;PB2 Publicity 2 PU
PU   Total publicity  
       
       
       
       
VAT codes
VAT Code Description %VAT
  Explanations  
  V = Sales (200)  
  VS = Discount sales and services (235)  
  B = Acquisition tax (380)  
  M = Expenses for material and services (400)  
  I = Investments and other operating expenses (405)  
  K = Corrections (410, 415, 420)  
  Z = Not considered (910)  
     
  VAT codes information (do not modify)  
  id=vatcodes-che-2018.20171129  
  Last update: 29.11.2017  
     
  VAT Due  
V0 Exempt services (220)  
V0-E Export services abroad (221)  
V0-T Transfers in the reporting procedure (225)  
V0-N Non-taxable services (230)  
  Decrease of income from services, see discounts  
V0-D Various (280)  
V77 Sales and services 7.7% 7.70
V80 Sales and services 8.0% 8.00
V77-B Sales and services 7.7% (chosen) 7.70
V80-B Sales and services 8.0% (chosen) 8.00
V25-N Sales and services 2.5% 2018 2.50
V25 Sales and services 2.5% 2017 2.50
V37 Sales and services 3.7% 3.70
V38 Sales and services 3.8% 3.80
VS77 Discount Sales and services 7.7% 7.70
VS80 Discount Sales and services 8.0% 8.00
VS25-N Discount Sales and services 2.5% 2018 2.50
VS25 Discount Sales and services 2.5% 2017 2.50
VS37 Discount Sales and services 3.7% 3.70
VS38 Discount Sales and services 3.8% 3.80
  Taxable turnover (299)  
F1 1. Flat tax rate 2017  
F2 2. Flat tax rate 2017  
FS1 Discount Sales and services 1. Flat tax rate 2017  
FS2 Discount Sales and services 2. Flat tax rate 2017  
F3 1. Flat tax rate 2018  
F4 2. Flat tax rate 2018  
FS3 Discount Sales and services 1. Flat tax rate 2018  
FS4 Discount Sales and services 2. Flat tax rate 2018  
  Total Flat tax rate (321-331)  
B77 Acquisition tax 7.7% (With VAT/Sales tax) 7.70
B80 Acquisition tax 8% (With VAT/Sales tax) 8.00
B77-1 Acquisition tax 7.7% (Without VAT/Sales tax) 7.70
B80-1 Acquisition tax 8% (Without VAT/Sales tax) 8.00
B77-2 Acquisition tax 7.7% (VAT/Sales tax amount) 7.70
B80-2 Acquisition tax 8% (VAT/Sales tax amount) 8.00
  Total Tax on purchases (380-381)  
  Total VAT Due (399)  
     
  Recoverable VAT  
M0 Exempt material- and service expenses  
I0 Exempt investment and operating expenses  
M77 Purchase of material and services 7.7% (With VAT/Sales tax) 7.70
M80 Purchase of material and services 8.0% (With VAT/Sales tax) 8.00
M77-1 Purchase of material and services 7.7% (Without VAT/Sales tax) 7.70
M80-1 Purchase of material and services 8.0% (Without VAT/Sales tax) 8.00
M77-2 Purchase of material and services 7.7% (VAT/Sales tax amount) 7.70
M80-2 Purchase of material and services 8.0% (VAT/Sales tax amount) 8.00
M25 Purchase of material and services 2.5% 2.50
M37 Purchase of material and services 3.7% 3.70
M38 Purchase of material and services 3.8% 3.80
  Investment and operating expenses  
I77 Investment and operating expenses 7.7% 7.70
I77-2 Investment and operating expenses 7.7% (VAT/Sales tax amount) 7.70
I80 Investment and operating expenses 8.0% 8.00
I25 Investment and operating expenses 2.5% 2.50
I37 Investment and operating expenses 3.7% 3.70
I38 Investment and operating expenses 3.8% 3.80
  Corrections and adjustments  
K77-A Subsequent adjustment of prior tax 7.7% (410) 7.70
K80-A Subsequent adjustment of prior tax 8 % (410) 8.00
K77-B Corrections of prior tax 7.7% (415) 7.70
K80-B Corrections of prior tax 8% (415) 8.00
K77-C Reductions of the deduction of prior tax 7.7% (420) 7.70
K80-C Reductions of the deduction of prior tax 8% (420) 8.00
F1050 Tax computation according to form Nr. 1050  
F1055 Tax computation according to form Nr. 1055  
     
  Total Recoverable VAT (479)  
  Total VAT payable (500) or VAT credit (510)  
     
  Other financial flows  
Z0-A Subsidies, tourist taxes collected by the tourism offices, contributions to the institutions responsible for the elimination of waste and for the supply of water (let. a - c)  
Z0 Gifts, dividends, compensation for damages etc.  
  Not considered  
  Final total for control  

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