Guidelines for using construction settlement accounts.
1. Introduction to project settlement subjects.
The project settlement account is an accounting account used to account for the settlement of the construction project of the enterprise. Through the use of this subject, enterprises can timely and accurately reflect the investment situation, capital** and other economic operations related to the project under construction.
Second, the use of project settlement subjects.
1.Initial setup.
At the beginning of the operation of the Engineering Settlement Division, the enterprise should first clarify the accounting scope, accounting method and relationship with other accounts of the account. At the same time, according to the actual situation of the enterprise, the corresponding detailed accounts are set up to facilitate the classification and accounting of the settlement of the project under construction.
2.Daily accounting.
During the construction process of the project under construction, the enterprise shall carry out accounting treatment in a timely manner according to the actual economic business. These include:
1) When receiving the progress payment of the project, the "bank deposit" account is debited and the "project settlement" account is credited
2) When paying for the project, the "project settlement" account is debited and the "bank deposit" account is credited
3) When carrying forward the completion cost, the "Development Cost" account is debited and the "Bank Deposit" account is creditedAt the same time, the Engineering Settlement account is debited and the Development Cost account is credited.
3.Period-end carryover.
At the end of each accounting period, the enterprise should carry forward the project settlement account. These include:
1) Transfer the balance of the project settlement account to the profit account of the current year;
2) Transfer the balance of the current year's profit account to the profit distribution account.
3. Precautions.
1.During the construction process of the project under construction, the enterprise should strictly control the inflow and outflow of funds to ensure the safety and integrity of the funds. At the same time, it is necessary to pay attention to the progress of the project and adjust the plan for the use of funds in a timely manner.
2.When dealing with accounts, enterprises should ensure that the accounting information is true, accurate and complete. For the economic business that occurs, it is necessary to carry out accounting processing and record relevant vouchers in a timely manner. At the same time, it is necessary to pay attention to the reconciliation of current accounts and contract amounts.
3.When carrying forward at the end of each accounting period, the results of the accounting treatment should be checked and reviewed to ensure that they are accurate. If necessary, consult relevant accounting professionals or institutions for help and advice.