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Accounting for company (with transactions)
Switzerland
Income & Expense Accounting with vat/sales tax
Business
To manage the income and expenses of a company with VAT and cost centers. Contains also examples of transactions and clients/suppliers register.
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Company XXX
Accounting 2022
Basic Currency: CHF
Income & Expense accounting with VAT/Sales tax
Group | Account | Description | Sum In |
---|---|---|---|
ESTATE | |||
Liquidity | |||
1000 | Cash | 100 | |
1010 | Post office current account | 100 | |
1020 | Bank 1 | 100 | |
1090 | Internal transfers | 100 | |
100 | Liquidity | 1 | |
Credits | |||
1100 | Due from Clients or Debtors | 110 | |
110A | Customers (total from register) | 110 | |
1176 | Withholding tax | 110 | |
110 | Total credits | 1 | |
Inventory | |||
1200 | Goods for resale | 120 | |
1300 | Prepaid expenses | 120 | |
1301 | Accrued income | 120 | |
120 | Total Inventory | 1 | |
Tangible Assets | |||
1500 | Machinery and applicances | 150 | |
1510 | Office furniture | 150 | |
1512 | Shop equipment | 150 | |
1520 | Office machinery, information and communication technology | 150 | |
1521 | Hardware | 150 | |
1526 | Software | 150 | |
1530 | Vehicles | 150 | |
1600 | Commercial buildings | 150 | |
1610 | Factories | 150 | |
150 | Total Tangible Assets | 1 | |
Short term debts | |||
200A | Suppliers (total from register) | 210 | |
2100 | Due to banks short-term | 210 | |
2170 | Due to personnel and social security | 210 | |
2200 | VAT Due | 210 | |
2201 | VAT according to VAT report | 210 | |
2300 | Transitory liabilities | 210 | |
210 | Total Short term debts | 1 | |
Long-term onorous debts | |||
2400 | Due to banks long-term | 240 | |
240 | Total long-term onorous debts | 1 | |
1 | NET ESTATE | ||
Clients/suppliers register | |||
CLIENTS/DEBTORS | |||
100.A | Client Smith | TC | |
100.B | Client Jones | TC | |
100.C | Client Grant | TC | |
100.D | Client Greenfield | TC | |
100.E | Client Jefferson | TC | |
TC | Total Clients/Debtors | 110A | |
SUPPLIERS/CREDITORS | |||
200.A | Supplier Winfield | TS | |
200.B | Supplier Cameron | TS | |
200.C | Supplier Petersen | TS | |
200.D | Supplier Fowler | TS | |
200.E | Supplier Erickson | TS | |
TS | Total suppliers/Creditors | 200A | |
COST CENTERS | |||
.PAC | Packaging A | ||
.RM | Raw materials A | ||
.AM | Auxiliairy materials A | ||
,FUE | Fuel for vehicles | ||
,MAN | Maintenance |
Group | Category | Description | Sum In |
---|---|---|---|
OPERATING RESULT | |||
INCOME | |||
3000 | Earnings from own products | 3 | |
3090 | Discounts on earnings from own products | 3 | |
3200 | Earnings from resale | 3 | |
3290 | Discounts on earnings from resale | 3 | |
3400 | Earnings from services rendered | 3 | |
3809 | VAT flat tax rate | 3 | |
6850 | Interest on assets | 3 | |
7000 | Non-operating revenue | 3 | |
3 | TOTAL INCOME | 02 | |
EXPENSES | |||
Goods for resale | |||
4000 | Purchase of materials | 4 | |
4090 | Discounts on purchased materials | 4 | |
4200 | Purchase goods for resale | 4 | |
4 | Total Cost for materials | C | |
Personnel expenses | |||
4400 | Costs for third-party services | 5 | |
5000 | Salaries | 5 | |
5700 | Contribution to old age insurance and unemployment | 5 | |
5720 | Contribution to pension funds | 5 | |
5730 | Contribution to accident insurance | 5 | |
5740 | Health insurance premiums | 5 | |
5790 | Source tax | 5 | |
5820 | Travel expenses | 5 | |
5830 | Expense allowance | 5 | |
5800 | Other personnel expenses | 5 | |
5900 | Temporary Staff | 5 | |
5 | Total Personnel expenses | C | |
General Expenses | |||
6000 | Rent | 6 | |
6200 | Car expenses | 6 | |
6300 | Other insurances | 6 | |
6402 | Electricity | 6 | |
6410 | Heating expenses | 6 | |
6430 | Water | 6 | |
6460 | Garbage | 6 | |
6500 | Office supplies | 6 | |
6600 | Publicity | 6 | |
6700 | Various expenses | 6 | |
6800 | Depreciation and value adjustments of fixed assets | 6 | |
6900 | Financial costs | 6 | |
8900 | Taxes | 6 | |
6 | Total General Expenses | C | |
C | TOTAL EXPENSES | 02 | |
02 | OPERATING RESULT |
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-2018.20211210 | ||
Last update: 10.12.2021 | ||
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 |