Consultation by definition of concept, its reflection in accounting is granted.
The GRANT FROM the BUDGET is RECEIVED – WHETHER to INCLUDE IT IN the GROSS REVENUE
Agricultural enterprise – the payer of the profits tax receives from the grant budget for crops of winter and summer crops. Whether it is necessary to include such sums in a gross revenue for taxation on profit? How to reflect obtaining such grant in accounting?
Yes, the sums of grants are necessary for including in sostav a gross income
As it is defined by subitem 4.1.6 of the Law on profit, the sums of grants and the subsidies, received by the taxpayer from budgets, join in structure of the valoyovy income
Thus, agricultural enterprises – payers of the profits tax the sum of grants, poyoluchenny for crops of winter and summer crops, should include in structure of a gross income.
The grants received by the enterprise from the budget, yavlyayutsya means of target financing. The sums in accounting are reflected by Tayokiye in account 48 Target financing and target poyostupleniye.
Recognition of the sums of grants as a part of the income osushhestvlyaetsya according to P (C) BU 15 "Income". The sums of the grant called in a question are received for a kompenyosatsiya of the expenses which have been already suffered by the enterprise, without establishment of conditions of their expenditure. According to item 19 P (C) BU 15 such grants admit debitoryosky debt with simultaneous priznayoniy the income.
Reflection of the sums of grants in accounting rasyosmotry on an example presented in the table.
Example
The enterprise received from the budget the grant at the rate on 1 hectare of crops of winter and summer crops at a rate of 50 000 UAH.
(UAH.)
(On Balans-Agro newspaper materials).