Non-operating expenses: discounts

Non-sale expenses are unrelated to the sale of products or production costs of the organization. Undoubtedly, they must be documented and economically justified. As an example of non-operating expenses, you can pay interest paid for using the loan, the costs of paying for various bank services, discounts on goods, negative exchange rate differences, etc. Also, non-operating expenses include losses incurred in the past, shortage of tangible assets, losses incurred in The result of natural disasters.

Premiums and discounts for customers

Currently, sellers of goods may include in the number of non-operating expenses, monetary amounts that were provided to customers as discounts and bonuses. Most often, these bonuses are provided by sellers to wholesale buyers. Usually these non-operating expenses represent discounts in the form of a reduction in the initial cost of the goods or writing-off of a part of the customer's debt (without changing the initial price).

By setting discounts in the form of a reduction in the initial price, the seller must display this condition in the contract of sale. It often happens that there are difficulties in determining the amount of discount when shipping products, and this can not always be done. In this case, the primary documents for the shipped goods are made out of the original price. And then, after the buyer has fulfilled the discount terms, they rewrite the documents.

According to the Tax Code of Russia, income from the sale of products is called revenue, which is determined from the accounting of all receipts related to settlements for the goods sold. From this definition it follows that the discount provided leads to a decrease in revenue. If this happens during shipment, then it's good. But this does not always happen. It happens that the company works on an accrual basis, and it may have some difficulties. This is because the date of receipt of income from the sale of goods falls on the date the buyer transfers ownership of the product.

Thus, it turns out that the discount amount should be taken into account in the reporting period when the goods were to be sold to the buyer. It turns out that with the ratio of the discount and sales to different periods, the company will have to recalculate taxes and file an updated declaration.

Organizations working on the cash basis in the tax account will not have to adjust anything. However, previously issued primary documents will still have to be corrected.

Discounts can be provided without changing the initial price of the product. Then it is included in non-operating expenses. And they will be recognized in the period when the bonus was paid or a discount was given. This method is more preferable, because the amount of the discount does not have to adjust the price of the shipped goods. Accordingly, it will not be necessary to rewrite primary documents, submit updated declarations, correct data in tax accounting.

It should pay close attention to whether the discount will be economically justified. It is best to provide this tool in the order on marketing policy conducted by the company. This is indicated by the 40th article of the Tax Code, the letter of the Ministry of Finance says this.

Other non-operating expenses

This group includes the costs of the company for sports, cultural and educational activities, entertainment, recreation. This includes the transfer of funds associated with charity. These non-operating expenses are reflected in the sub-account "Other expenses".