Other income PBU 9 99. Income of the organization. Disclosure of information in financial statements

Approved

By order of the Ministry of Finance of the Russian Federation

POSITION

ACCORDING TO ACCOUNTING "ORGANIZATION'S INCOME" PBU 9/99

List of changing documents

(as amended by Orders of the Ministry of Finance of Russia

dated December 30, 1999 N 107n, dated March 30, 2001 N 27n,

dated 18.09.2006 N 116n, dated 27.11.2006 N 156n,

dated 25.10.2010 N 132n, dated 08.11.2010 N 144n,

dated 04/27/2012 N 55n, dated 04/06/2015 N 57n)

I. General provisions

1. These Regulations establish the rules for the formation of information on income in accounting commercial organizations(except for credit and insurance organizations) that are legal entities according to the legislation of the Russian Federation.

In relation to this Regulation non-profit organizations(except for state (municipal) institutions) recognize income from business and other activities.

2. An organization’s income is recognized as an increase in economic benefits as a result of the receipt of assets ( cash, other property) and (or) repayment of obligations, leading to an increase in the capital of this organization, with the exception of contributions from participants (owners of property).

3. For the purposes of these Regulations, receipts from other legal and individuals:

amounts of value added tax, excise taxes, sales tax, export duties and other similar mandatory payments;

under commission agreements, agency and other similar agreements in favor of the principal, principal, etc.;

in advance payment for products, goods, works, services;

advances in payment for products, goods, works, services;

as collateral, if the agreement provides for the transfer of the pledged property to the pledgee;

in repayment of a loan granted to the borrower.

4. The income of the organization, depending on its nature, the conditions for receiving it and the areas of activity of the organization, are divided into:

a) income from ordinary activities;

b) other income;

For the purposes of these Regulations, income other than income from ordinary activities is considered other income.

For accounting purposes, the organization independently recognizes receipts as income from ordinary activities or other income based on the requirements of these Regulations, the nature of its activities, the type of income and the conditions for their receipt.

II. Income from ordinary activities

5. Income from ordinary activities is revenue from the sale of products and goods, receipts associated with the performance of work, provision of services (hereinafter referred to as revenue).

In organizations whose subject of activity is the provision for a fee for temporary use (temporary possession and use) of their assets under a lease agreement, revenue is considered to be receipts the receipt of which is associated with this activity (rent).

In organizations whose subject of activity is the provision for a fee of rights arising from patents for inventions, industrial designs and other types intellectual property, revenue is considered to be receipts the receipt of which is associated with this activity (license payments (including royalties) for the use of intellectual property).

In organizations whose activity is participation in authorized capitals other organizations, revenue is considered to be receipts of which are associated with this activity.

Income received by an organization from provision for a fee for temporary use (temporary possession and use) of its assets, rights arising from patents for inventions, industrial designs and other types of intellectual property, and from participation in the authorized capital of other organizations, when this is not the subject of activities of the organization are classified as other income.

6. Revenue is accepted for accounting in an amount calculated in monetary terms equal to the amount of receipt of cash and other property and (or) the amount of accounts receivable (taking into account the provisions of paragraph 3 of these Regulations).

If the amount of receipt covers only part of the revenue, then the revenue accepted for accounting is determined as the sum of receipt and receivables (in the part not covered by receipt).

6.1. The amount of receipts and (or) receivables is determined based on the price established by the agreement between the organization and the buyer (customer) or user of the organization’s assets. If the price is not provided for in the contract and cannot be established based on the terms of the contract, then to determine the amount of receipts and (or) receivables, the price at which, in comparable circumstances, the organization usually determines revenue in relation to similar products (goods, works, services) is accepted. or providing for temporary use (temporary possession and use) of similar assets.

6.2. When selling products and goods, performing work, providing services on the terms of a commercial loan provided in the form of deferred and installment payment, the proceeds are accepted for accounting in the full amount of receivables.

6.3. The amount of receipts and (or) receivables under contracts providing for the fulfillment of obligations (payment) not in cash is accepted for accounting at the cost of goods (valuables) received or to be received by the organization. The cost of goods (valuables) received or to be received by an organization is established based on the price at which, in comparable circumstances, the organization usually determines the cost of similar goods (valuables).

If it is impossible to determine the cost of goods (valuables) received by the organization, the amount of receipts and (or) receivables is determined by the value of the products (goods) transferred or to be transferred by the organization. The cost of products (goods) transferred or to be transferred by an organization is established based on the price at which, in comparable circumstances, the organization usually determines revenue in relation to similar products (goods).

6.4. In the event of a change in the obligation under the contract, the initial amount of receipts and (or) receivables is adjusted based on the value of the asset to be received by the organization. The value of an asset to be received by an organization is determined based on the price at which, in comparable circumstances, the organization usually determines the value of similar assets.

6.5. The amount of receipts and (or) receivables is determined taking into account all discounts (mark-ups) provided to the organization in accordance with the agreement.

6.6. Excluded. - Order of the Ministry of Finance of Russia dated November 27, 2006 N 156n.

6.7. When provisions for doubtful debts are formed in accordance with the accounting rules, the amount of revenue does not change.

III. Other income

7. Other income is:

receipts related to the provision for a fee for temporary use (temporary possession and use) of the organization’s assets (taking into account the provisions of paragraph 5 of these Regulations);

profit received by the organization as a result of joint activities (under a simple partnership agreement);

proceeds from the sale of fixed assets and other assets other than cash (except foreign currency), products, goods;

interest received for providing the organization's funds for use, as well as interest for the bank's use of funds held in the organization's account with this bank;

fines, penalties, penalties for violation of contract terms;

assets received free of charge, including under a gift agreement;

proceeds to compensate for losses caused to the organization;

profit of previous years identified in the reporting year;

amounts of accounts payable and depositors for which the term has expired limitation period;

exchange rate differences;

the amount of revaluation of assets;

other income.

9. Other income also includes income arising as a consequence of emergency circumstances economic activity(natural disaster, fire, accident, nationalization, etc.): cost material assets remaining from the write-off of assets unsuitable for restoration and further use, etc.

10. For accounting purposes, the amount of other income is determined in the following order:

10.1. The amount of proceeds from the sale of fixed assets and other assets other than cash (except foreign currency), products, goods, as well as the amount of interest received for providing the organization’s funds for use, and income from participation in the authorized capitals of other organizations (when is not the subject of the organization’s activities) are determined in a manner similar to that provided for in paragraph 6 of these Regulations.

10.2. Fines, penalties, penalties for violations of contract terms, as well as compensation for losses caused to the organization are accepted for accounting in amounts awarded by the court or recognized by the debtor.

10.3. Assets received free of charge are accepted for accounting at market value. Market value Assets received free of charge are determined by the organization on the basis of prices in force on the date of their acceptance for accounting for this or a similar type of asset. Data on prices valid on the date of acceptance for accounting must be confirmed by documents or through an examination.

10.4. Accounts payable for which the statute of limitations has expired are included in the organization's income in the amount in which this debt was reflected in the organization's accounting records.

10.5. The amounts of revaluation of assets are determined in accordance with the rules established for the revaluation of assets.

10.6. Other income is accepted for accounting in actual amounts.

11. Other income is subject to credit to the organization’s profit and loss account, except in cases where the accounting rules establish a different procedure.

IV. Revenue recognition

12. Revenue is recognized in accounting if the following conditions are met:

a) the organization has the right to receive this revenue arising from a specific agreement or confirmed in another appropriate manner;

b) the amount of revenue can be determined;

c) there is confidence that as a result of a particular transaction there will be an increase in the economic benefits of the organization. Confidence that a particular transaction will result in an increase in the economic benefits of the organization exists when the organization received an asset in payment or there is no uncertainty regarding the receipt of the asset;

d) the right of ownership (possession, use and disposal) of the product (goods) has passed from the organization to the buyer or the work has been accepted by the customer (service provided);

e) the expenses that have been incurred or will be incurred in connection with this operation can be determined.

If in relation to cash and other assets received by the organization in payment, at least one of the above conditions is not fulfilled, then the accounting of the organization recognizes accounts payable, not revenue.

To recognize in accounting revenues from the provision for a fee for temporary use (temporary possession and use) of one’s assets, rights arising from patents for inventions, industrial designs and other types of intellectual property and from participation in the authorized capital of other organizations, must be simultaneously observed the conditions defined in subparagraphs “a”, “b” and “c” of this paragraph.

13. An organization may recognize in accounting revenue from the performance of work, provision of services, sale of products with a long manufacturing cycle as the work, service, product is ready or upon completion of the work, provision of service, or manufacture of products in general.

Revenue from performing specific work, providing a specific service, or selling a specific product is recognized in accounting as it is ready, if it is possible to determine the readiness of the work, service, or product.

In relation to work, provision of services, and manufacture of products that are different in nature and conditions, an organization may simultaneously apply different methods of revenue recognition provided for in this paragraph in one reporting period.

14. If the amount of revenue from the sale of products, performance of work, provision of services cannot be determined, then it is accepted for accounting in the amount of expenses recognized in accounting for the manufacture of these products, performance of this work, provision of this service, which will subsequently be reimbursed to the organization .

15. Rent, license payments for the use of intellectual property objects (when this is not the subject of the organization’s activities) are recognized in accounting based on the assumption of temporary certainty of the facts of economic activity and the terms of the relevant agreement.

Rent and license payments for the use of intellectual property (when this is not the subject of the organization’s activities) are recognized in accounting in a manner similar to that provided for in paragraph 12 of these Regulations.

16. Other income is recognized in accounting in the following order:

proceeds from the sale of fixed assets and other assets other than cash (except for foreign currency), products, goods, as well as interest received for providing the organization’s funds for use, and income from participation in the authorized capital of other organizations (when this is not subject of the organization’s activities) - in a manner similar to that provided for in paragraph 12 of these Regulations. In this case, for accounting purposes, interest is accrued for each expired reporting period in accordance with the terms of the agreement;

fines, penalties, penalties for violation of the terms of contracts, as well as compensation for losses caused to the organization - in the reporting period in which the court made a decision to collect them or they were recognized as a debtor;

the amount of accounts payable and depository debt for which the statute of limitations has expired - in the reporting period in which the statute of limitations expired;

the amount of revaluation of assets - in the reporting period to which the date as of which the revaluation was made;

other receipts - as they are formed (identified).

V. Disclosure of information in financial statements

17. As part of information about accounting policy An organization must disclose at least the following information in its financial statements:

a) on the procedure for recognizing the organization’s revenue;

b) on the method of determining the readiness of work, services, products, revenue from the implementation, provision, sale of which is recognized as readiness.

18. In the report on financial results The organization's income for the reporting period is reflected with a division into revenue and other income.

18.1. Revenue, other income (revenue from the sale of products (goods), revenue from the performance of work (provision of services), etc.), amounting to five or more percent of the organization’s total income for the reporting period, are shown for each type separately.

18.2. Other income may be shown on the income statement less expenses related to that income when:

a) the relevant accounting rules provide for or do not prohibit such recognition of income;

b) income and related expenses arising as a result of the same or similar fact of economic activity (for example, the provision of temporary use (temporary possession and use) of its assets) are not significant for characterizing the financial position of the organization.

19. With respect to revenue received as a result of the execution of contracts providing for the fulfillment of obligations (payment) in non-monetary means, at least the following information is subject to disclosure:

a) the total number of organizations with which the specified contracts are carried out, indicating the organizations that account for the bulk of such revenue;

b) the share of revenue received under these agreements with related organizations;

c) a method for determining the cost of products (goods) transferred by the organization.

20. Other income of the organization for the reporting period, which, in accordance with the accounting rules, are not credited to the profit and loss account, are subject to disclosure in the financial statements separately.

21. The structure of accounting should ensure the possibility of disclosing information about the organization’s income in the context of current, investment and financial activities.

The income of the organization on the basis of paragraph 3 of PBU 9/99 does not include the following receipts from other legal entities and individuals:

· amounts of value added tax (hereinafter VAT), excise taxes, export duties and other similar mandatory payments. VAT amounts, in particular, cannot be recognized as income of the organization, since the amounts of tax received, after deducting the amounts of VAT paid to suppliers when purchasing products, goods, works and services, are subject to payment to the budget.

· under commission agreements, agency and other similar agreements in favor of the principal, principal and the like. For example, Article 990 Civil Code The Russian Federation (hereinafter referred to as the Civil Code of the Russian Federation) stipulates that under a commission agreement, one party (the commission agent) undertakes, on behalf of the other party (the principal), for a fee, to carry out one or more transactions on its own behalf, but at the expense of the principal. The principal is obliged to pay the commission agent a remuneration and the commission agent has the right, in accordance with Article 410 of the Civil Code of the Russian Federation, to withhold the remuneration due to him from all amounts received from the principal. Thus, only the amount of his remuneration under the contract will be recognized as the income of the commission agent.

· in the order of advance payment for products, goods, works, services, as well as the amount of advances in payment for products, goods, works, services. Amounts received in advance payment and advance payments are not included in income until the products, goods are shipped, work is performed and services are provided. These amounts are reflected in a separate subaccount to the account intended for accounting for settlements with buyers and customers.

· deposit. According to Article 329 of the Civil Code of the Russian Federation, a deposit is one of the types of fulfillment of obligations. According to Article 380 of the Civil Code of the Russian Federation, a deposit is recognized as a sum of money given by one of the contracting parties in payment of payments due from it under the contract to the other party, as evidence of securing the contract and to ensure its execution. The deposit agreement is concluded in writing. In case of doubt as to whether the amount received is a deposit, it is considered to be paid as an advance.

· as collateral, if the agreement provides for the transfer of the pledged property to the pledgee. A pledge arises by virtue of an agreement, as well as on the basis of law upon the occurrence of the circumstances specified therein, if the law stipulates what property and to secure what obligation is recognized as being pledged. The pledge agreement is regulated by paragraph 3 of Chapter 23 of the Civil Code of the Russian Federation.

· to repay a loan granted to the borrower. According to Article 807 of the Civil Code of the Russian Federation, under a loan agreement, one party (the lender) transfers into the ownership of the other party (the borrower) money or other things determined by generic characteristics. The borrower's obligation is to return to the lender the same amount of money (loan amount) or an equal amount of other things received by him of the same kind and quality. Since the borrower is obliged to repay the loan amount received under the agreement, this amount is not recognized as income of the lender.

Depending on the nature, conditions of receipt and areas of activity of the organization in accordance with paragraph 4 of PBU 9/99, all income of the organization is divided into income from ordinary activities, operating income and non-operating income.

Income that is not related to income from ordinary activities is other income, that is, operating and non-operating income will be considered other income. Other income also includes extraordinary income.

PBU 9/99 gives an organization the right to independently classify certain types of income as income from ordinary activities or other income, depending on the nature of the organization’s activities, the type of income and the conditions for their receipt.

In the financial statements of the organization, in particular in the profit and loss statement, the organization's income received during the reporting period, in accordance with paragraph 18 of PBU 9/99, must be reflected with a division into sales revenue, operating and non-operating income. In the event of extraordinary income, they are also reflected separately.

The concept of “revenue from sale” corresponds to the concept of income from ordinary activities (clause 5 of PBU 9/99).

In Form No. 2 “Profit and Loss Statement”, approved by Order of the Ministry of Finance of the Russian Federation dated July 22, 2003 No. 67n “On forms of financial statements of organizations”, the indicator “Income and expenses for ordinary activities is established. Revenue (net) from the sale of goods, products, works, services (less value added tax, excise taxes and similar mandatory payments).”

Thus, the use of the concept “Revenue from sales” in accounting does not meet the requirements regulatory documents. In practice, specialists from the Ministry of Finance of the Russian Federation do not use this concept for accounting purposes. It is used only by independent consultants.

The construction of accounting should ensure the possibility of disclosing information about the organization’s income in the context of current, investment and financial activities. It is in this form that information about income is disclosed in the cash flow statement (Form No. 4).

Below we will look in more detail at each type of income, the procedure for recognition and reflection on the organization’s accounting accounts and in reporting.

Income from ordinary activities according to paragraph 5 of PBU 9/99 is revenue from the sale of products and goods, receipts related to the performance of work and the provision of services. Depending on the type of activity of the organization, revenue from ordinary activities is considered to be:

· the amount of rent received, if the subject of the organization’s activities is the provision for a fee for temporary use (temporary possession and use) of its assets under a lease agreement;

· the amount of received license payments (including royalties) for the use of intellectual property, if the subject of the organization’s activities is the provision for a fee of rights arising from patents for inventions, industrial designs and other types of intellectual property;

· the amount of receipts if the subject of the organization’s activities is participation in the authorized capitals of other organizations.

Pay attention! If the provision for a fee for temporary use (temporary possession and use) of its assets, rights arising from patents for inventions, industrial designs and other types of intellectual property, as well as participation in the authorized capital of other organizations is not the subject of the organization’s activities, then the income received from the implementation of these types of activities will be classified as operating income.

The types of activities that an organization can carry out are specified in its charter. Let us turn to paragraph 2 of Article 52 of the Civil Code of the Russian Federation. It says the following:

"2. The constituent documents of a legal entity must define the name of the legal entity, its location, the procedure for managing the activities of the legal entity, and also contain other information provided by law for legal entities of the corresponding type. In the constituent documents of non-profit organizations and unitary enterprises, and in cases provided for by law and other commercial organizations, the subject and goals of the activities of a legal entity must be determined. The subject and certain goals of the activities of a commercial organization may be provided for by the constituent documents even in cases where this is not mandatory by law.”

The fact is that it is not always possible to determine from the constituent documents which types of activities are the main ones for the organization, so it is advisable to indicate this in the order on accounting policies for accounting purposes.

In some cases, the organization carries out activities that are not specified in the constituent documents. In this regard, the Letter of the Ministry of Finance of the Russian Federation dated September 24, 2001 No. 04-05-11/71 states that if the constituent documents do not reflect the objects of activity from which income was received by the organization, one of important rules accounting – the rule of materiality. Thus, if the amount of income received from activities not specified in the statutory documents is five percent or more, then these incomes should form income from ordinary activities.

When deciding on the procedure for recognizing income in the financial statements in terms of ordinary types of activities and operating ones, one should take into account not only the nature of the business transactions in connection with which income is recognized, but also their size (materiality requirement). Thus, in the letter of the Ministry of Finance of the Russian Federation dated August 3, 2000 No. 04-05-11/69 it is stated that if income classified in accordance with PBU 9/99 as operating income amounts to five or more percent of the total amount at the end of the reporting year income of the organization or satisfy other criteria of materiality, they must be reflected in the Profit and Loss Statement (Form No. 2) as income from ordinary activities that constitute the subject of the organization’s activities.

The organization’s accounting policies must reflect at least the following information (clause 17 of PBU 9/99):

ü on the procedure for recognizing the organization’s revenue;

ü on the method of determining the readiness of work, services, products, revenue from the implementation, provision, sale of which is recognized as readiness.

It should be noted that paragraph 12 of PBU 9/99 establishes that when carrying out certain types of activities, revenue is recognized when not all five listed conditions are simultaneously met, but only three of them given above in paragraphs 1 - 3. These types of activities are:

ü provision for a fee for temporary use (temporary possession and use) of the organization’s assets;

ü provision for a fee for temporary use (temporary possession and use) of rights arising from patents for inventions, industrial designs and other types of intellectual property;

ü participation in the authorized capital of other organizations.

If the performance of work, provision of services, and also the manufacture of products requires a long production cycle, revenue in accounting can be recognized as the work, service, product is ready or upon completion of the work, provision of service, or manufacture of products. That is, recognition of revenue in accounting will depend on the terms of the concluded agreement. If the agreement between the contractor and the customer provides for the possibility of stage-by-stage delivery of completed stages of work and services, then revenue will be recognized as the stages of work and services are completed. If the contract does not provide for stage-by-stage delivery of work and services, then revenue is recognized in accounting only upon completion of the work or provision of services.

Also, paragraph 13 of PBU 9/99 establishes that revenue from performing specific work, providing a specific service, or selling a specific product is recognized upon readiness, if it is possible to determine the readiness of the work, service, or product.

The provision of paragraph 13 of PBU 9/99 is also important, regarding the procedure for recognizing revenue in relation to different nature and conditions for the performance of work, provision of services and production of products. In this case, an organization can simultaneously apply different methods of recognizing revenue during one reporting period.

The method for determining the readiness of work, services, products, proceeds from the execution, provision, sales of which are recognized as they are ready, must be reflected in the accounting policies.

Please note that for goods, revenue recognition is directly related to the transfer of ownership (possession, use and disposal).

And for work services, it is enough that the work is accepted by the customer or the service is provided.

Now let's turn to the Civil Code.

According to Article 223 of the Civil Code of the Russian Federation, the right of ownership of the acquirer of a thing under a contract arises from the moment of its transfer, unless otherwise provided by law or contract.

For example, the property is leased and subsequently, according to the conditions established in the agreement, is purchased by the tenant. In this case, the transfer of ownership occurs when the conditions in the lease agreement are fulfilled.

Or more examples. The contract may provide for the transfer of ownership at the time of payment. Or in a contract with a foreign partner there may be a link to “International Rules for the Interpretation of Trade Terms “INCOTERMS”. In accordance with this document, the conditions for the supply of goods provided for by the International Rules for the Interpretation of Trade Terms "INCOTERMS" (EXW, FCA, FAS, FOB, CFR, CIF, etc.) are established, and, accordingly, the moment of transfer of ownership of the goods supplied from the seller to the foreign to the buyer.

Special conditions for the transfer of ownership rights are established for property that is subject to state registration. In this case, the acquirer's ownership rights arise from the moment of such registration, unless otherwise provided by law.

If the contract does not provide for special conditions, then the transfer of ownership is recognized at the moment of transfer of property.

The transfer is recognized (clause 1 of Article 224 of the Tax Code of the Russian Federation):

1) delivery of the thing to the acquirer;

The thing is considered delivered to the acquirer from the moment it actually comes into the possession of the acquirer or the person indicated by him.

2) delivery to the carrier for shipment to the purchaser;

3) delivery to a communications organization for forwarding to the acquirer of things alienated without the obligation of delivery.

If at the time of concluding an agreement on the alienation of a thing it is already in the possession of the acquirer, the thing is recognized as transferred to him from that moment.

The transfer of a thing is equivalent to the transfer of a bill of lading or other document of title to it.

To reflect the proceeds from the sale in accounting, it is necessary to have documents confirming the transfer of ownership of this product to the buyer. These documents can be various primary accounting documents: invoices, delivery notes, invoices, certificate of work performed (services rendered), and so on.

Primary accounting documents are accepted for accounting:

· if they are compiled according to the form contained in the albums of unified (standard) forms of primary accounting documentation.

· if the organization has approved the form primary document, not provided for in albums of unified forms.

The form of the certificate of work performed (services rendered) is not approved by law. Therefore, when developing document forms, the following mandatory details are provided (clause 2 of Article 9 of Law 129-FZ):

· name of the document (form);

· form code;

date of compilation;

· name of the organization that compiled this document;

· meters of business transactions in physical and monetary terms;

· list officials those responsible for the execution of a business transaction and the correctness of its execution;

· personal signatures of these persons and their transcripts.

The list of developed forms and samples of these documents are approved by a separate organizational and administrative document.

The list of persons who have the right to sign primary accounting documents is approved by the head of the organization in agreement with the chief accountant (clause 3 of Article 9 of Law 129-FZ).

The procedure for determining revenue is established by paragraph 6 of PBU 9/99. This paragraph states that revenue is accepted for accounting in an amount calculated in monetary terms equal to the amount of receipts of cash and other property and (or) the amount of accounts receivable. Despite the fact that revenue in accounting is reflected taking into account the amounts of value added tax, excise taxes, and export duties, the listed amounts are not the organization’s revenue based on paragraph 3 of PBU 9/99.

In the economic activities of organizations, there are often cases when the buyer of products, goods, works and services does not fully repay his debt to the supplier. In cases where the amount of receipts and (or) receivables only partially covers revenue, revenue in the supplier’s accounting is defined as the sum of receipts and receivables not covered by receipts.

Example 1.

The Alpha organization shipped goods worth 200 thousand rubles to the Gamma organization, for which an advance payment was received in the amount of 50 thousand rubles. Revenue in this case will be determined on the day of shipment of the goods in the amount of 200 thousand rubles. In the accounting records of the Alpha organization, the Gamma organization will be credited with the amount of 150 thousand rubles until it is repaid in full or in part.

End of the example.

Let's consider how revenue from ordinary activities is reflected in accounting accounts when using the accrual method.

To summarize information on income and expenses associated with the normal activities of the organization, the Chart of Accounts for accounting the financial and economic activities of the organization and instructions for its application, approved by Order of the Ministry of Finance of the Russian Federation dated October 31, 2000 No. 94n, account 90 “Sales” is intended. This account reflects, in particular, the revenue and cost of providing for a fee for temporary use (temporary possession and use) of its assets under a lease agreement (when this is the subject of the organization’s activities).

When recognized in accounting, the amount of revenue is reflected in the credit of account 90 “Sales” and the debit of the account.

For this purpose, the following entry is used in accounting:

In accordance with the norms of Chapter 21 “Value Added Tax”, transactions for the sale of goods (work, services) on the territory of the Russian Federation are subject to taxation, therefore, if an organization is a payer of this tax, then it is obliged to calculate VAT on the sales amount (Article 146 of the Tax Code RF).

Article 167 of the Tax Code of the Russian Federation, which determines the moment of determination for VAT purposes tax base, since January 1, 2006 significantly changed Federal law No. 119-FZ. Law 119-FZ, effective January 1, 2006, abolished the point previously used for calculating the tax base as funds were received (as payment was made).

The moment the tax base is determined is the earliest of the following dates:

1) the day of shipment (transfer) of goods (work, services), property rights;

2) the day of payment, partial payment for upcoming deliveries of goods (performance of work, provision of services), transfer of property rights.

And if the organization determines the moment of determining the tax base on the day of payment, partial payment for upcoming deliveries of goods (performance of work, provision of services) or the day of transfer of property rights, then on the day of shipment of goods (performance of work, provision of services) or on the day of transfer of property rights on account payment received earlier, partial payment, the moment of determining the tax base also arises (clause 14 of Article 167 of the Tax Code of the Russian Federation).

Thus, the determination of the tax base for value added tax may not correspond to the moment of recognition of sales proceeds.

Let's give examples.

Example 2.

The contract provides for the transfer of ownership at the time of transfer of goods. Sales revenue is recognized in accounting at the time of shipment. On the same day, the moment of determining the tax base for VAT is recognized.

Amounts of VAT due from the buyer (customer) are taken into account in subaccount 90-3 “Value Added Tax”.

To reflect VAT on the day of shipment, the following entry is used in accounting:

End of the example.

Example 3.

The contract provides for the transfer of ownership at the time of transfer of goods. The goods are shipped on an advance payment basis. Sales revenue is recognized in accounting at the time of shipment. The moment of determining the tax base for VAT is determined at the moment of partial payment on account of upcoming deliveries of goods.

In this case, the moment for determining the tax base for VAT has arrived, but revenue is not recognized in accounting (Article 3 of PBU 9/99).

At the time of shipment, revenue is recognized and once again the moment of determining the tax base arises (clause 14 of Article 167 of the Tax Code of the Russian Federation). VAT is reflected in accounting on the day of shipment. And VAT on the amount of payment, partial payment received on account of upcoming deliveries of goods (work, services) is subject to deduction (clause 8 of Article 171 of the Tax Code of the Russian Federation).

End of the example.

Example 4.

The contract provides for the transfer of ownership at the time of payment for goods. The goods are shipped to the buyer. The accounting records do not recognize sales proceeds at the time of shipment (title does not pass to the buyer). The moment of determining the tax base for VAT is determined on the day of shipment (transfer) of goods.

When cash is received, revenue from the sale of goods is recognized. The tax base for VAT is not recalculated.

If the agreement provides for a special transfer of ownership, then proceeds from the sale are reflected in the organization’s accounting records at the time of its recognition (at the time of receipt of funds). Shipped products (goods) are reflected in account 45 “Goods shipped”, intended to summarize information about the availability and movement of shipped products (goods), the proceeds from the sale of which cannot be recognized in accounting for a certain time (for example, when exporting products). Currently, accounting methodologies do not reflect on which accounting accounts to reflect the accrual of VAT if the moment of shipment (the moment of accrual of the tax base for VAT) and the moment of recognition of revenue in accounting do not coincide in time. We propose to reflect the accrual of VAT on the “Other debtors and creditors” account in the “VAT” subaccount. According to some experts, the amount of VAT at the time of VAT calculation in accordance with Chapter 21 of the Tax Code of the Russian Federation can be reflected in a separate subaccount of account 45 “Goods shipped”. Anyway decision made The organization must be reflected in its accounting policies.

The following entries are reflected in the accounting records:

Account correspondence
Debit	Credit
At the time of shipment
		Goods (products) were shipped to the buyer (Work performed, Services provided)
		VAT is charged at the time the tax base is determined
At the time of payment
		Received revenue from payment for goods
		Revenue from the sale of goods is recognized
		Written off to the cost of goods at actual cost
		VAT is reflected on sales proceeds

The cost of shipped and sold products also includes commercial expenses. In accordance with the Instructions for using the Chart of Accounts, the debit of account 44 “Sales expenses” accumulates the amounts of expenses incurred by the organization related to the sale of products, goods, works and services. These amounts are written off in whole or in part to the debit of account 90 “Sales”. In case of partial write-off, the following are subject to distribution:

In organizations engaged in industrial and other production activities - packaging and transportation costs (between individual types of shipped products on a monthly basis based on their weight, volume, production cost or other relevant indicators);

In organizations engaged in trading and other intermediary activities - transportation costs (between the goods sold and the balance of goods at the end of each month);

In organizations that procure and process agricultural products, debit accounts 15 “Procurement and acquisition of material assets” (expenses for the procurement of agricultural raw materials) and (or) 11 “Animals for growing and fattening” (expenses for the procurement of livestock and poultry).

All other expenses associated with the sale of products, goods, works, services are charged monthly to the cost of products sold (goods, works, services).

Sales expenses are written off by recording:

Account correspondence
Debit	Credit
		Write-off of selling expenses (selling expenses)

Then, by monthly comparison of the total debit and credit turnover in account 90 “Sales”, the financial result (profit or loss) from sales for the reporting month is determined.

End of the example.

Example 5.

During the reporting period, the organization Russian Textile LLC shipped manufactured fabrics in the amount of 1,180,000, including VAT – 180,000 rubles. The cost of fabrics sold was 800,000 rubles. The amount of sales expenses is 40,000 rubles.

In the accounting records of Russian Textile LLC, these business transactions are reflected as follows:

Account correspondence		Amount, rubles
Debit	Credit	Amount, rubles
			Revenue from the sale of finished products is reflected
			VAT charged on sales proceeds
			Products written off at actual cost
			Expenses for selling finished products are written off
			Profit from the sale of finished products is reflected

End of the example.

We have already noted that, in accordance with paragraph 5 of PBU 9/99, in organizations whose subject of activity is the provision for a fee for temporary use (temporary possession and use) of their assets under a lease agreement, revenue is considered to be receipts the receipt of which is associated with this activity.

The rent may be paid by the tenant in a single payment for the entire period of the lease agreement. In this case, the rent received for the entire period of validity of the contract is considered as advance payment and is accounted for in account 62 “Settlements with buyers and customers” in the subaccount “Settlements for advances received”.

By general rule Sales revenue is reflected in the organization's accounting using the accrual method. The only exceptions are transactions under contracts with a special transfer of ownership.

Small businesses have the right to choose how they will reflect sales revenue in accounting:

· As a general rule - accrual method (assuming time certainty);

· Cash method.

The possibility for these entities to use the cash method of revenue recognition in accounting is provided for in clause 20 of the Standard Recommendations for organizing accounting for small businesses, approved by Order of the Ministry of Finance of the Russian Federation dated December 21, 1998 No. 64n (hereinafter referred to as the Standard Recommendations).

When choosing the cash method, a small business entity must remember the main accounting rule established by paragraph 18 of PBU 10/99 “Organization expenses”, approved by Order of the Ministry of Finance of the Russian Federation dated May 6, 1999 No. 33n:

“If the organization has adopted, in permitted cases, a procedure for recognizing revenue from the sale of products and goods not as the rights of ownership, use and disposal for products supplied, goods sold, work performed, services rendered are transferred, but after receipt of funds and other forms of payment, then expenses are recognized after the debt is repaid.”

In other words, if income is recorded based on payment, then expenses are also recognized after payment is made.

Pay attention!

The chosen method of recognizing revenue in accounting must be fixed in the accounting policy (letter of the Ministry of Finance of the Russian Federation dated February 12, 2002 No. 16-00-14/50).

It should be noted that the cash method of accounting for income and expenses is best used by small businesses with a small number of business transactions, since it reduces the reliability of accounting. The fact is that when using this method, all expenses are reflected only after they have been paid. Therefore, if the actual expenses incurred are not paid, with a large number of business transactions it is difficult to track which of the actual expenses incurred are not reflected in the accounting records.

Under the cash method of accounting, costs associated with the production and sale of products, works, and services are reflected in account 20 “Main production” only in terms of paid material assets, services, paid wages, accrued depreciation charges and other paid costs (clause 20 of the Standard Recommendations ). In this case, the proceeds from the sale are reflected in the accounting for the loan of subaccount 90-1 only at the time of its actual receipt.

Subclauses 6.1 – 6.7. PBU 9/99 establishes some features of determining revenue. Let's look at these features.

As a rule, the sale of products, goods, works, services, as well as the provision of assets and property rights of an organization for use, is carried out on the basis of an agreement concluded between the organization and the buyer, customer, user. One of essential conditions contract is the establishment of a price in it. Here is the text of Article 424 of the Civil Code of the Russian Federation:

1. The execution of the contract is paid at the price established by agreement of the parties.

In cases provided for by law, prices (tariffs, rates, rates, etc.) established or regulated by authorized state bodies are applied.

2. Changing the price after concluding an agreement is permitted in cases and under the conditions provided for by the agreement, the law or in the manner prescribed by law.

3. In cases where compensation agreement the price is not provided and cannot be determined based on the terms of the contract, the execution of the contract must be paid at the price that, under comparable circumstances, is usually charged for similar goods, works or services.”

The rules of paragraph 6.1 are based on the provisions of this article of the Civil Code of the Russian Federation. PBU 9/99, it states that the amount of receipts and (or) receivables is determined based on the price established by the contract. If the price is not provided for in the contract and cannot be established based on the terms of the contract, then revenue is determined as follows. To determine the amount of receipts and (or) receivables, the organization accepts the price at which, in comparable circumstances, revenue is determined in relation to similar products, goods, works, services or the provision of its assets for use.

In accordance with paragraph 10 of the Regulations on accounting and financial reporting in the Russian Federation, approved by order of the Ministry of Finance of the Russian Federation dated July 27, 1998 No. 34n, and paragraph 6 of the Accounting Regulations “Accounting Policy of the Enterprise” (PBU 1/98), approved By order of the Ministry of Finance of the Russian Federation dated December 9, 1998 No. 60n, the sale (realization) of goods must be reflected in accounting based on compliance with the principle of temporal certainty of the facts of economic activity. According to this principle, the facts of the organization’s economic activities relate to the reporting period (and, therefore, are reflected in the accounting records) in which they took place, regardless of the actual time of receipt or payment of funds associated with these facts. Consequently, the fact of the sale of goods must be reflected in the records of the seller organization at the time of transfer of ownership of them to the buyer, that is (unless otherwise established by the contract) at the time of transfer of the goods to their purchaser (Article 223 of the Civil Code of the Russian Federation).

If the contract stipulates the moment of transfer of the right to own, use and dispose of shipped products (goods) and the risk of their accidental destruction from the organization to the buyer (customer) after the moment of receipt of funds in payment for the shipped products (goods) to the organization’s settlement, currency and other bank accounts or at the organization’s cash desk directly, as well as offsetting mutual claims for settlements, then the proceeds from the sale of such products (goods) are included in the Profit and Loss Statement on the date of receipt of funds (offset). A similar procedure applies to work performed and services provided.

The specificity of determining revenue is also established for cases when an organization, when selling products, goods, performing work and providing services, provides its counterparties with a deferred or installment payment plan, or a so-called commercial loan. Revenue from the provision of a commercial loan is accepted for accounting in the full amount of receivables. In this case, the period of the granted deferment or installment plan is not taken into account.

Example 6.

The Alpha organization shipped goods to the Gamma organization in the amount of 200 thousand rubles, with the provision of a deferred payment for a period of 2 months. For granting a deferment, Gamma must pay Alpha 8 percent of the payment amount, which is 16,000 rubles. Alpha's revenue will be 216,000 rubles.

In the Letter of the Ministry of Finance of the Russian Federation dated December 13, 2001 No. 04-02-05/1/211 it is noted that the Civil Code of the Russian Federation provides for only one option non-monetary form settlements - an exchange agreement and does not reflect such a settlement option (especially common nowadays) as commodity exchange or other barter transactions.

Taking into account these circumstances, as well as taking into account Article 424 of the Civil Code of the Russian Federation, the text of which was given above, PBU 9/99 provides for a procedure for determining revenue when various options non-monetary form of payment, including barter agreement. Thus, proceeds from the sale of goods, including property recognized on the basis of Article 38 of the Tax Code of the Russian Federation (hereinafter referred to as the Tax Code of the Russian Federation) as goods under an exchange agreement should be taken into account in accordance with the procedure provided for in paragraph 6.3 of PBU 9/99:

"6.3. The amount of receipts and (or) receivables under contracts providing for the fulfillment of obligations (payment) not in cash is accepted for accounting at the cost of goods (valuables) received or to be received by the organization. The cost of goods (valuables) received or to be received by an organization is established based on the price at which, in comparable circumstances, the organization usually determines the cost of similar goods (valuables).

In other words, revenue from the sale of goods under an exchange agreement is reflected in accounting based on the cost of goods received in exchange. In this case, the cost of goods received is determined at the prices at which the organization usually purchases the same goods.

To make the mechanism for determining revenue when making an exchange agreement more clear, let’s consider this provision using a specific example.

Example 7.

The Sibir Production Association, under an exchange agreement, transferred 15 washing machines to CJSC Precision Instruments, and in return received 6 air conditioners. Under the terms of the contract, the goods exchanged are recognized as equivalent.

Let’s assume that PA Siberia usually purchases air conditioners at a price of 18,000 rubles, including VAT 18% - 2,746 rubles. Therefore, revenue from the sale of washing machines will be 108,000 rubles (18,000 rubles x 6 air conditioners).

Let’s assume that JSC “Tochnye Pribory” usually acquires washing machines at a price of 8,400 rubles, including VAT 18% - 1,281 rubles.

Thus, JSC Precision Instruments' revenue from the sale of air conditioners will be 126,000 rubles (8,400 rubles x 15 washing machines).

End of the example.

In this case, we used an example in which the organization knows in advance at what price it usually purchases property. The proposed situation is quite common in organizations whose main activity is trade.

Clause 6.4 of PBU 9/99 establishes that in the event of a change in the obligation under the contract, the initial price of receipt and (or) receivables must be adjusted by the organization based on the value of the asset to be received, which in this case is established based on the price at which in comparable circumstances An organization usually determines the value of similar assets.

According to Article 421 of the Civil Code of the Russian Federation, the terms of the agreement are determined at the discretion of the parties. The exception is cases when the content of any condition is prescribed by law or other legal acts. Since setting a price is one of the essential terms of the contract, it follows from this article that the parties can set any price, unless otherwise provided by law.

The execution of the contract is paid at the price established by agreement of the parties. In cases provided for by law, prices (tariffs, rates, rates, etc.) established or regulated by the state are applied.

After the conclusion of the contract, the price may be changed, but this is permitted only in cases and under the conditions provided for by the contract, the law or in the manner prescribed by law. This provision is established by Article 424 of the Civil Code of the Russian Federation. Thus, if the contract does not provide for the possibility of changing the price, it must be applied by the parties throughout the entire term of the contract.

However, it is permissible to change the contract. This is provided for in Article 450 of the Civil Code of the Russian Federation, which states that by agreement of the parties, it is possible to change the agreement, unless otherwise provided by the Civil Code of the Russian Federation, other laws or the agreement.

Often trade organizations sell goods at a discount, which is a reduction in the previously stated price of the goods. The use of discounts is one of the components of the marketing policy of a trade organization and allows you to interest and attract buyers with the most favorable conditions, which as a result leads to an increase in the number of buyers and, as a result, to an increase in sales volume. A well-developed system of discounts allows you to attract not only new customers, but also retain old ones, transferring them to the category of “regular customers.”

When the buyer returns the goods, the organization, in order to account for the real amount of revenue received in the reporting period from the sale of the goods and the cost of the goods sold, must reflect in the accounting their adjustment by making corrective entries in the appropriate accounts. Namely, when the goods are returned within one tax period, then the seller adjusts account 90 “Sales”. If the goods are returned in the next calendar year (the year following the year in which the goods were received), then in accordance with paragraph 12 of PBU 10/99, the cost of the returned goods must be taken into account as part of non-operating expenses as a loss on transactions of previous years identified in the reporting year on account 91 “Other income and expenses”.

Example 6.

Account correspondence		Amount, rubles
Debit	Credit	Amount, rubles
Product sold to customers
			Revenue from goods sold is recognized
			Decommissioned
			VAT charged
			Cash received for goods sold
Poor quality goods returned by the buyer Returns are made within one year
			REVERSE! Revenue from the sale of goods
			REVERSE! Cost of goods sold
			The buyer was paid for the returned goods
			VAT previously accrued and paid to the budget on the sale of returned goods has been submitted for deduction.
Poor quality product returned by buyer Returned next year
			Loss of previous years identified in the reporting year
			REVERSE! Cost of goods sold
			The buyer's money was returned
			VAT previously accrued and paid to the budget from the sale of returned products has been submitted for deduction (see paragraph 5 of Article 171, paragraph 4 of Article 172 of the Tax Code of the Russian Federation)

End of the example.

Often, trade organizations are faced with the following problem: goods have been purchased (but not yet paid for) under a sales contract, there are no claims against the supplier of the goods, which is documented. Special conditions for the transfer of ownership of goods are not specified in the contract. After a certain period of time, the buyer realizes that he will not be able to sell the product (assuming there is no consumer demand for the product), and he negotiates with the supplier to return all or part of the product. By agreement of the parties, the goods are returned to the buyer. As I should this situation reflected in the accounting by the accountant of the trade organization - supplier?

Example 8.

Account correspondence		Amount, rubles
Debit	Credit	Amount, rubles
			The goods were shipped to the buyer under an agreement with special conditions transfer of ownership
51 “Current account”			Partial payment received from buyer
	90-1 “Revenue”		The sale of goods to the buyer for the amount of payment is reflected
90-2 “Cost of sales”			Cost of goods sold written off
			VAT is charged on sales turnover
			The unpaid item was returned by the buyer in accordance with the terms of the purchase and sale agreement

If the advance payment is not received by the seller in full or if the buyer pays for goods sold later than shipment, then the seller, depending on the increase or decrease in the exchange rate, will experience positive or negative amount differences. Positive amount differences increase the seller’s (supplier’s) income, and negative amounts decrease it, as follows from paragraph 6.6 of PBU 9/99:

"6.6. The amount of receipt is also determined taking into account (increases or decreases) the amount difference that arises in cases where payment is made in rubles in an amount equivalent to the amount in foreign currency (conditional monetary units). The amount difference is understood as the difference between the ruble valuation of an asset actually received as revenue, expressed in foreign currency (conventional monetary units), calculated at the official or other agreed rate on the date of acceptance for accounting, and the ruble valuation of this asset, calculated at the official or other agreed exchange rate on the date of recognition of revenue in accounting."

The above procedure for accounting for positive and negative amount differences is valid only when they arise within one calendar year recognized as the reporting year.

Positive amount differences resulting from the fact that payment for shipped goods is made next year must be taken into account as part of non-operating income as profit on transactions of previous years identified (recognized) in the reporting year (clause 8 of PBU 9/99) without adjustment revenue indicator of the previous reporting period (year).

According to the Ministry of Finance of Russia (see letter dated December 19, 2005 No. 03-04-15/116), if, under the terms of the contract, payment for goods (work, services) is made in rubles in an amount equivalent to the amount in foreign currency accepted by the payer VAT accounting policy “for shipment”, reduce the amount of VAT calculated and paid to the budget based on the results of the tax period in which the goods (work, services) were shipped by negative amount differences arising in the tax period in which payment for earlier was actually received shipped goods (works, services), there are no grounds.

On the date of payment for previously sold property (work, services) under the terms of a currency clause, the seller’s proceeds from the sale (other income) are adjusted due to changes in the purchasing power of the currency of payment and, accordingly, the sale price of the property (work, services). The above fact of economic activity is reflected accounting entries which are given below. These accounting entries are made in the usual way (if the payment currency rate relative to foreign currency has decreased) or using the “red reversal” method (if the payment currency rate relative to foreign currency has increased):

Example 10.

In accordance with the concluded agreement, Vega CJSC sold goods worth USD 11,800, including VAT - USD 1,800. Title passes to the buyer at the time of shipment (February 2). The buyer made payment on February 7. Cost price sold goods-- 250,000 rubles. In accordance with the terms of the agreement, payment for goods is made in rubles at the Bank of Russia exchange rate in effect on the date of payment.

The official US dollar exchange rate was (conventionally):

option 1:

option 2:

The working chart of accounts provided for the use of the following accounts:

Clause 6.7 of PBU 9/99 determines that when reserves for doubtful debts are formed in accordance with the accounting rules, the amount of revenue does not change.

The possibility of creating reserves for doubtful debts is provided for in paragraph 70 of Order of the Ministry of Finance of the Russian Federation dated July 29, 1998 No. 34n “On approval of the regulations on accounting and financial reporting in the Russian Federation.” This paragraph establishes that an organization can create reserves for doubtful debts for settlements with other organizations and citizens for products, works and services. The created amounts of reserves are included in the financial results of the organization.

Doubtful debt is an organization's receivables that are not repaid within the terms established by the contract and are not secured by appropriate guarantees.

The Letter of the Ministry of Finance of the Russian Federation dated October 15, 2003 No. 16-00-14/316 “On the doubtful debt of an organization” states that we are talking about unfulfilled obligations to pay for products, goods, works, services for which there are no funds (methods) provided for by law and (or) agreement and increasing the likelihood for the creditor organization of satisfying its claim. Thus, doubtful debt can be recognized as receivables, obligations for payment of which are not secured by a pledge, deposit, guarantee, bank guarantee and the possibility of retaining the debtor’s property, as well as in other ways provided for by law and/or agreement.

You can find more detailed information on issues related to the procedure for recognizing income in accounting and tax accounting, and reflecting income in financial statements in the book of JSC “BKR-INTERCOM-AUDIT” “Income of the organization”.

Russian Federation Order of the Ministry of Finance of Russia

On approval of the Accounting Regulations “Income of the Organization” PBU 9/99 (as amended as of April 27, 2012)

Minister
M.M.Zadornov

Registered
at the Ministry of Justice
Russian Federation
May 31, 1999
registration N 1791

APPROVED
by order of the Ministry of Finance
Russian Federation
dated May 6, 1999 N 32n

POSITION
on accounting "Income of the organization" PBU 9/99

I. General provisions

1. These Regulations establish the rules for the formation in accounting of information on the income of commercial organizations (except for credit and insurance organizations) that are legal entities under the legislation of the Russian Federation.

In relation to this Regulation, non-profit organizations (except for state (municipal) institutions) recognize income from business and other activities (paragraph as amended, entered into force on March 3, 2000; as amended, entered into force on January 1, 2011 - see. previous edition).

2. An organization’s income is recognized as an increase in economic benefits as a result of the receipt of assets (cash, other property) and (or) the repayment of liabilities, leading to an increase in the capital of this organization, with the exception of contributions from participants (owners of property).

3. For the purposes of these Regulations, receipts from other legal entities and individuals are not recognized as income of the organization:

amounts of value added tax, excise taxes, sales tax, export duties and other similar mandatory payments;

under commission agreements, agency and other similar agreements in favor of the principal, principal, etc.;

in advance payment for products, goods, works, services;

advances in payment for products, goods, works, services;

as collateral, if the agreement provides for the transfer of the pledged property to the pledgee;

in repayment of a loan granted to the borrower.

4. The income of the organization, depending on its nature, the conditions for receiving it and the areas of activity of the organization, are divided into:

a) income from ordinary activities;

b) other income (sub-clause as amended, put into effect starting from the annual financial statements for 2006 - see the previous edition);

c) subparagraph has been deleted, starting with the annual financial statements for 2006 - see the previous edition.

For the purposes of these Regulations, income other than income from ordinary activities is considered other income (paragraph as amended, introduced starting with the annual financial statements for 2006 - see the previous edition).

II. Income from ordinary activities

5. Income from ordinary activities is revenue from the sale of products and goods, receipts associated with the performance of work, provision of services (hereinafter referred to as revenue).

In organizations whose subject of activity is the provision for a fee of rights arising from patents for inventions, industrial designs and other types of intellectual property, revenue is considered to be receipts the receipt of which is associated with this activity (license payments (including royalties) for the use of intellectual property).

In organizations whose subject of activity is participation in the authorized capital of other organizations, revenue is considered to be receipts of which are associated with this activity.

If the amount of receipt covers only part of the revenue, then the revenue accepted for accounting is determined as the sum of receipt and receivables (in the part not covered by receipt).

6.3. The amount of receipts and (or) receivables under contracts providing for the fulfillment of obligations (payment) in non-monetary means is accepted for accounting at the cost of goods (valuables) received or to be received by the organization. The cost of goods (valuables) received or to be received by an organization is established based on the price at which, in comparable circumstances, the organization usually determines the cost of similar goods (valuables).

6.5. The amount of receipts and (or) receivables is determined taking into account all discounts (mark-ups) provided to the organization in accordance with the agreement.

6.6. The item has been excluded from the financial statements since 2007. - See previous edition.

6.7. When provisions for doubtful debts are formed in accordance with the accounting rules, the amount of revenue does not change.

III. Other income

7. Other income is (paragraph as amended, put into effect starting from the annual financial statements for 2006 - see previous edition):

receipts related to the provision for a fee for temporary use (temporary possession and use) of the organization’s assets (taking into account the provisions of paragraph 5 of these Regulations, the previous edition);

receipts related to the provision for a fee of rights arising from patents for inventions, industrial designs and other types of intellectual property (taking into account the provisions of paragraph 5 of these Regulations) (paragraph supplemented starting from the financial statements of 2001, - see the previous edition);

receipts related to participation in the authorized capitals of other organizations (including interest and other income on securities) (taking into account the provisions of paragraph 5 of these Regulations) (paragraph supplemented starting from the financial statements of 2001, - see the previous edition);

profit received by the organization as a result of joint activities (under a simple partnership agreement);

proceeds from the sale of fixed assets and other assets other than cash (except foreign currency), products, goods;

interest received for the provision of an organization's funds for use, as well as interest for the bank's use of funds held in the organization's account with this bank.

8. The paragraph has been deleted starting from the annual financial statements for 2006 - see the previous edition:

fines, penalties, penalties for violation of contract terms;

assets received free of charge, including under a gift agreement;

proceeds to compensate for losses caused to the organization;

profit of previous years identified in the reporting year;

amounts of accounts payable and depositors for which the statute of limitations has expired;

exchange rate differences;

the amount of revaluation of assets (paragraph as amended, put into effect starting from the financial statements of 2001 - see the previous edition);

other income (paragraph as amended, put into effect starting from the annual financial statements for 2006 - see the previous edition).

9. Other income also includes income arising as a consequence of emergency circumstances of economic activity (natural disaster, fire, accident, nationalization, etc.): the cost of material assets remaining from the write-off of assets unsuitable for restoration and further use, etc. . (clause as amended, put into effect starting from the annual financial statements for 2006 - see previous edition).

10. For accounting purposes, the amount of other income is determined in the following order:

10.3. Assets received free of charge are accepted for accounting at market value. The market value of assets received free of charge is determined by the organization on the basis of prices in force on the date of their acceptance for accounting for this or a similar type of asset. Data on prices valid on the date of acceptance for accounting must be confirmed by documents or through an examination.

10.5. The amounts of revaluation of assets are determined in accordance with the rules established for the revaluation of assets.

10.6. Other income is accepted for accounting in actual amounts.

11. Other income is subject to credit to the organization’s profit and loss account, except in cases where the accounting rules establish a different procedure.

IV. Revenue recognition

12. Revenue is recognized in accounting if the following conditions are met:

a) the organization has the right to receive this revenue arising from a specific agreement or confirmed in another appropriate manner;

b) the amount of revenue can be determined;

d) the right of ownership (possession, use and disposal) of the product (goods) has passed from the organization to the buyer or the work has been accepted by the customer (service provided);

e) the expenses that have been incurred or will be incurred in connection with this operation can be determined.

If at least one of the above conditions is not met in relation to cash and other assets received by the organization in payment, then accounts payable, and not revenue, are recognized in the organization's accounting records.

Small businesses, with the exception of issuers of publicly offered securities, as well as socially oriented non-profit organizations have the right to recognize revenue as funds are received from buyers (customers) subject to the conditions specified in subparagraphs “a”, “b”, “c” and "d" of this paragraph.

(The paragraph was additionally included starting from the annual financial statements for 2010; as amended, put into effect starting from the annual financial statements for 2012. - See previous edition)

15. Rent and license payments for the use of intellectual property (when this is not the subject of the organization’s activities) are recognized in accounting based on the assumption of temporary certainty of the facts of economic activity and the terms of the relevant agreement.

16. Other income is recognized in accounting in the following order:

the amount of accounts payable and depository debt for which the statute of limitations has expired - in the reporting period in which the statute of limitations expired;

the amount of revaluation of assets - in the reporting period to which the date as of which the revaluation was made;

other receipts - as they are formed (identified).

V. Disclosure of information in financial statements

17. As part of the information on the accounting policies of the organization in the financial statements, at least the following information is subject to disclosure:

a) on the procedure for recognizing the organization’s revenue;

b) on the method of determining the readiness of work, services, products, revenue from the implementation, provision, sale of which is recognized as readiness.

18. In the profit and loss statement, the organization’s income for the reporting period is reflected with a division into revenue and other income (clause as amended, put into effect starting from the annual financial statements for 2006 - see the previous edition).

18.2. Other income may be shown in the profit and loss statement minus expenses related to these incomes when (paragraph as amended as of the annual financial statements for 2006 - see previous edition):

a) the relevant accounting rules provide for or do not prohibit such recognition of income;

a) the total number of organizations with which the specified contracts are carried out, indicating the organizations that account for the bulk of such revenue;

b) the share of revenue received under these agreements with related organizations;

c) a method for determining the cost of products (goods) transferred by the organization.

21. The structure of accounting should ensure the possibility of disclosing information about the organization’s income in the context of current, investment and financial activities.

Approved by order of the Ministry of Finance of the Russian Federation dated May 6, 1999 No. 32n,

as amended from December 30, 1999 No. 107n, from March 30, 2001 No. 27n, from September 18, 2006 No. 116n,
dated November 27, 2006 No. 156n, dated October 25, 2010 No. 132n, dated November 8, 2010 No. 144n,dated 04/27/2012 No. 55n

I. General provisions

1. This Regulation establishes the rules for the formation in accounting of information on the income of commercial organizations (except for credit and insurance organizations) that are legal entities under the legislation of the Russian Federation.

In relation to these Regulations, non-profit organizations (except for state (municipal) institutions) recognize income from business and other activities.

(as amended by orders of the Ministry of Finance of Russia dated December 30, 1999 No. 107n, dated October 25, 2010 No. 132n)

2. An organization's income is recognized as an increase in economic benefits as a result of the receipt of assets (cash, other property) and (or) repayment of liabilities, leading to an increase in the capital of this organization, with the exception of contributions from participants (owners of property).

3. For the purposes of these Regulations, receipts from other legal entities and individuals are not recognized as income of the organization:

amounts of value added tax, excise taxes, sales tax, export duties and other similar mandatory payments;
under commission agreements, agency and other similar agreements in favor of the principal, principal, etc.;
in advance payment for products, goods, works, services;
advances in payment for products, goods, works, services;
deposit;
as collateral, if the agreement provides for the transfer of the pledged property to the pledgee;
in repayment of a loan granted to the borrower.

4. The income of the organization, depending on its nature, conditions for receipt and areas of activity of the organization, are divided into:

a) income from ordinary activities;

b) other income;

c) excluded. - Order of the Ministry of Finance of Russia dated September 18, 2006 No. 116n.

For the purposes of these Regulations, income other than income from ordinary activities is considered other income.

(as amended by order of the Ministry of Finance of Russia dated September 18, 2006 No. 116n)

II. Income from ordinary activities

5. Income from ordinary activities is revenue from the sale of products and goods, receipts associated with the performance of work, provision of services (hereinafter referred to as revenue).

In organizations whose subject of activity is participation in the authorized capital of other organizations, revenue is considered to be receipts of which are associated with this activity.

If the amount of receipt covers only part of the revenue, then the revenue accepted for accounting is determined as the sum of receipt and receivables (in the part not covered by receipt).

6.1. The amount of receipts and (or) receivables is determined based on the price established by the agreement between the organization and the buyer (customer) or user of the organization’s assets. If the price is not provided for in the contract and cannot be established based on the terms of the contract, then to determine the amount of receipts and (or) receivables, the price at which, in comparable circumstances, the organization usually determines revenue in relation to similar products (goods, works, services) is accepted. or providing for temporary use (temporary possession and use) of similar assets.

6.2. When selling products and goods, performing work, providing services on the terms of a commercial loan provided in the form of deferred and installment payment, the proceeds are accepted for accounting in the full amount of receivables.

6.3. The amount of receipts and (or) receivables under contracts providing for the fulfillment of obligations (payment) not in cash is accepted for accounting at the cost of goods (valuables) received or to be received by the organization. The cost of goods (valuables) received or to be received by an organization is established based on the price at which, in comparable circumstances, the organization usually determines the cost of similar goods (valuables).

6.4. In the event of a change in the obligation under the contract, the initial amount of receipts and (or) receivables is adjusted based on the value of the asset to be received by the organization. The value of an asset to be received by an organization is determined based on the price at which, in comparable circumstances, the organization usually determines the value of similar assets.

6.5. The amount of receipts and (or) receivables is determined taking into account all discounts (mark-ups) provided to the organization in accordance with the agreement.

6.6. Excluded. - Order of the Ministry of Finance of Russia dated November 27, 2006 No. 156n.

6.7. When provisions for doubtful debts are formed in accordance with the accounting rules, the amount of revenue does not change.

III. Other income

7. Other income is: (as amended by order of the Ministry of Finance of Russia dated September 18, 2006 No. 116n)

receipts related to the provision for a fee for temporary use (temporary possession and use) of the organization’s assets (taking into account the provisions of paragraph 5 of these Regulations);
receipts related to the provision for a fee of rights arising from patents for inventions, industrial designs and other types of intellectual property (subject to the provisions of paragraph 5 of these Regulations); (as amended by order of the Ministry of Finance of Russia dated March 30, 2001 No. 27n)
receipts related to participation in the authorized capitals of other organizations (including interest and other income on securities) (subject to the provisions of paragraph 5 of these Regulations); (as amended by order of the Ministry of Finance of Russia dated March 30, 2001 No. 27n)
profit received by the organization as a result of joint activities (under a simple partnership agreement);
proceeds from the sale of fixed assets and other assets other than cash (except foreign currency), products, goods;
interest received for providing the organization's funds for use, as well as interest for the bank's use of funds held in the organization's account with this bank;
paragraph excluded. - Order of the Ministry of Finance of Russia dated September 18, 2006 No. 116n;
fines, penalties, penalties for violation of contract terms;
assets received free of charge, including under a gift agreement;
proceeds to compensate for losses caused to the organization;
profit of previous years identified in the reporting year;
amounts of accounts payable and depositors for which the statute of limitations has expired;
exchange rate differences;
the amount of revaluation of assets; (as amended by order of the Ministry of Finance of Russia dated March 30, 2001 No. 27n)
other income. (as amended by order of the Ministry of Finance of Russia dated September 18, 2006 No. 116n).

Other income also includes income arising as a consequence of emergency circumstances of economic activity (natural disaster, fire, accident, nationalization, etc.): the cost of material assets remaining from the write-off of assets unsuitable for restoration and further use, etc. (as amended by order of the Ministry of Finance of Russia dated September 18, 2006 No. 116n)

10. For accounting purposes, the amount of other income is determined in the following order:

10.1. The amount of proceeds from the sale of fixed assets and other assets other than cash (except foreign currency), products, goods, as well as the amount of interest received for providing the organization’s funds for use, and income from participation in the authorized capitals of other organizations (when is not the subject of the organization’s activities) are determined in a manner similar to that provided for in paragraph 6 of these Regulations.

10.2. Fines, penalties, penalties for violations of contract terms, as well as compensation for losses caused to the organization are accepted for accounting in amounts awarded by the court or recognized by the debtor.

10.3. Assets received free of charge are accepted for accounting at market value. The market value of assets received free of charge is determined by the organization on the basis of prices in force on the date of their acceptance for accounting for this or a similar type of asset. Data on prices valid on the date of acceptance for accounting must be confirmed by documents or through an examination.

10.4. Accounts payable for which the statute of limitations has expired are included in the organization's income in the amount in which this debt was reflected in the organization's accounting records.

10.5. The amounts of revaluation of assets are determined in accordance with the rules established for the revaluation of assets.

10.6. Other income is accepted for accounting in actual amounts.

11. Other receipts are subject to credit to the organization's profit and loss account, except in cases where the accounting rules establish a different procedure.

IV. Revenue recognition

12. Revenue is recognized in accounting if the following exists:
conditions:

a) the organization has the right to receive this revenue arising from a specific agreement or confirmed in another appropriate manner;

b) the amount of revenue can be determined;

d) the right of ownership (possession, use and disposal) of the product (goods) has passed from the organization to the buyer or the work has been accepted by the customer (service provided);

e) the expenses that have been incurred or will be incurred in connection with this operation can be determined.

(as amended by orders of the Ministry of Finance of Russia dated November 8, 2010 No. 144n, dated April 27, 2012 No. 55n)

13. An organization may recognize in accounting revenue from the performance of work, provision of services, sale of products with a long manufacturing cycle as the work, service, product is ready or upon completion of the work, provision of service, or production of products in general.

14. If the amount of revenue from the sale of products, performance of work, provision of services cannot be determined, then it is accepted for accounting in the amount of expenses recognized in accounting for the manufacture of these products, performance of this work, provision of this service, which will subsequently be reimbursed to the organization.

15. Rent and license payments for the use of intellectual property (when this is not the subject of the organization’s activities) are recognized in accounting based on the assumption of temporary certainty of the facts of economic activity and the terms of the relevant agreement.

16. Other income is recognized in accounting in the following order:

proceeds from the sale of fixed assets and other assets other than cash (except for foreign currency), products, goods, as well as interest received for providing the organization’s funds for use, and income from participation in the authorized capital of other organizations (when this is not subject of the organization’s activities) - in a manner similar to that provided for in paragraph 12 of these Regulations. In this case, for accounting purposes, interest is accrued for each expired reporting period in accordance with the terms of the agreement;

fines, penalties, penalties for violation of the terms of contracts, as well as compensation for losses caused to the organization - in the reporting period in which the court made a decision to collect them or they were recognized as a debtor;

the amount of accounts payable and depository debt for which the statute of limitations has expired - in the reporting period in which the statute of limitations expired;

the amount of revaluation of assets - in the reporting period to which the date as of which the revaluation was made;

other receipts - as they are formed (identified).

V. Disclosure of information in financial statements

17. As part of the information on the accounting policies of the organization in the financial statements, at least the following information is subject to disclosure:

a) on the procedure for recognizing the organization’s revenue;

b) on the method of determining the readiness of work, services, products, revenue from the implementation, provision, sale of which is recognized as readiness.

18. In the profit and loss statement, the organization's income for the reporting period is reflected with a division into revenue and other income.
(as amended by order of the Ministry of Finance of Russia dated September 18, 2006 No. 116n)

18.1. Revenue, other income (revenue from the sale of products (goods), revenue from the performance of work (provision of services), etc.), amounting to five or more percent of the organization’s total income for the reporting period, are shown for each type separately.
(as amended by order of the Ministry of Finance of Russia dated September 18, 2006 No. 116n)

18.2. Other income may be shown on the income statement less expenses related to that income when:
(as amended by order of the Ministry of Finance of Russia dated September 18, 2006 No. 116n)

a) the relevant accounting rules provide for or do not prohibit such recognition of income;

19. With respect to revenue received as a result of the execution of contracts providing for the fulfillment of obligations (payment) in non-monetary means, at least the following information is subject to disclosure:

a) the total number of organizations with which the specified contracts are carried out, indicating the organizations that account for the bulk of such revenue;

b) the share of revenue received under the specified agreements with related
organizations;

c) a method for determining the cost of products (goods) transferred
organization.

20. Other income of the organization for the reporting period, which, in accordance with the accounting rules, are not credited to the profit and loss account, are subject to disclosure in the financial statements separately.

21. The construction of accounting should ensure the possibility of disclosing information about the organization’s income in the context of current, investment and financial activities.

, from 04/27/2012 N 55n, from 04/06/2015 N 57n)

1. Approve the attached Accounting Regulations “Income of the organization” PBU 9/99.

Minister of Finance
Russian Federation
M. ZADORNOV

APPROVED
By order
Ministry of Finance
Russian Federation
dated May 6, 1999 N 32n

ACCOUNTING REGULATIONS "ORGANIZATION'S INCOME" PBU 9/99

I. General provisions

In relation to this Regulation (except for state (municipal) institutions), income from business and other activities is recognized. (as amended by Orders of the Ministry of Finance of the Russian Federation dated December 30, 1999 N 107n, dated October 25, 2010 N 132n)

2. An organization’s income is recognized as an increase in economic benefits as a result of the receipt of assets (cash, other property) and (or) repayment of liabilities, leading to an increase in the capital of this organization, with the exception of contributions from participants (owners of property).

3. For the purposes of these Regulations, receipts from other legal entities and individuals are not recognized as income of the organization:

amounts of value added tax, excise taxes, sales tax, export duties and other similar mandatory payments;

under commission agreements, agency and other similar agreements in favor of the principal, principal, etc.;

in advance payment for products, goods, works, services;

advances in payment for products, goods, works, services;

as collateral, if the agreement provides for the transfer of the pledged property to the pledgee;

in repayment of a loan granted to the borrower.

4. The income of the organization, depending on its nature, the conditions for receiving it and the areas of activity of the organization, are divided into:

a) income from ordinary activities;

b) other income; (as amended by Order of the Ministry of Finance of the Russian Federation dated September 18, 2006 N 116n)

c) item excluded. (as amended by Order of the Ministry of Finance of the Russian Federation dated September 18, 2006 N 116n)

For the purposes of these Regulations, income other than income from ordinary activities is considered other income. (as amended by Order of the Ministry of Finance of the Russian Federation dated September 18, 2006 N 116n)

II. Income from ordinary activities

5. Income from ordinary activities is revenue from the sale of products and goods, receipts associated with the performance of work, provision of services (hereinafter referred to as revenue).

In organizations whose subject of activity is participation in the authorized capital of other organizations, revenue is considered to be receipts of which are associated with this activity.

If the amount of receipt covers only part of the revenue, then the revenue accepted for accounting is determined as the sum of receipt and receivables (in the part not covered by receipt).

6.5. The amount of receipts and (or) receivables is determined taking into account all discounts (mark-ups) provided to the organization in accordance with the agreement.

6.6. The item has been deleted. (as amended by Order of the Ministry of Finance of the Russian Federation dated November 27, 2006 N 156n)

6.7. When provisions for doubtful debts are formed in accordance with the accounting rules, the amount of revenue does not change.

III. Other income

7. Other income is: (as amended by Order of the Ministry of Finance of the Russian Federation dated September 18, 2006 N 116n)

receipts related to the provision for a fee of rights arising from patents for inventions, industrial designs and other types of intellectual property (subject to the provisions of paragraph 5 of these Regulations); (as amended by Order of the Ministry of Finance of the Russian Federation dated March 30, 2001 N 27n)

receipts related to participation in the authorized capitals of other organizations (including interest and other income on securities) (subject to the provisions of paragraph 5 of these Regulations); (as amended by Order of the Ministry of Finance of the Russian Federation dated March 30, 2001 N 27n)

profit received by the organization as a result of joint activities (under a simple partnership agreement);

proceeds from the sale of fixed assets and other assets other than cash (except foreign currency), products, goods;

interest received for the provision of an organization's funds for use, as well as interest for the bank's use of funds held in the organization's account with this bank.

8. Paragraph - Deleted. (as amended by Order of the Ministry of Finance of the Russian Federation dated September 18, 2006 N 116n)

fines, penalties, penalties for violation of contract terms;

assets received free of charge, including under a gift agreement;

proceeds to compensate for losses caused to the organization;

profit of previous years identified in the reporting year;

amounts of accounts payable and depositors for which the statute of limitations has expired;

exchange rate differences;

the amount of revaluation of assets; (as amended by Order of the Ministry of Finance of the Russian Federation dated March 30, 2001 N 27n)

other income. (as amended by Order of the Ministry of Finance of the Russian Federation dated September 18, 2006 N 116n)

9. Other income also includes income arising as a consequence of emergency circumstances of economic activity (natural disaster, fire, accident, nationalization, etc.): the cost of material assets remaining from the write-off of assets unsuitable for restoration and further use, etc. . (as amended by Order of the Ministry of Finance of the Russian Federation dated September 18, 2006 N 116n)

10. For accounting purposes, the amount of other income is determined in the following order:

10.5. The amounts of revaluation of assets are determined in accordance with the rules established for the revaluation of assets.

10.6. Other income is accepted for accounting in actual amounts.

11. Other receipts are subject to credit to the organization’s profit and loss account, except in cases where the accounting rules establish a different procedure.

IV. Revenue recognition

12. Revenue is recognized in accounting if the following conditions are met:

a) the organization has the right to receive this revenue arising from a specific agreement or confirmed in another appropriate manner;

b) the amount of revenue can be determined;

c) there is confidence that as a result of a particular transaction there will be an increase in the economic benefits of the organization. Confidence that a particular transaction will result in an increase in the economic benefits of the organization exists when the organization received an asset in payment, or there is no uncertainty regarding the receipt of the asset;

d) the right of ownership (possession, use and disposal) of the product (goods) has passed from the organization to the buyer or the work has been accepted by the customer (service provided);

e) the expenses that have been incurred or will be incurred in connection with this operation can be determined.

To recognize in accounting revenue from the provision for a fee for temporary use (temporary possession and use) of one’s assets, rights arising from patents for inventions, industrial designs and other types of intellectual property and from participation in the authorized capital of other organizations, the conditions must be simultaneously met , defined in subparagraphs “a)”, “b)” and “c)” of this paragraph.

Organizations that have the right to use simplified accounting methods, including simplified accounting (financial) statements, may recognize revenue as funds are received from buyers (customers) subject to the conditions specified in subparagraphs “a”, “b”, “c” and "e" of this paragraph. (as amended by Orders of the Ministry of Finance of the Russian Federation dated November 8, 2010 N 144n, dated April 27, 2012 N 55n, dated April 6, 2015 N 57n)

16. Other income is recognized in accounting in the following order:

the amount of accounts payable and depository debt for which the statute of limitations has expired - in the reporting period in which the statute of limitations expired;

the amount of revaluation of assets - in the reporting period to which the date as of which the revaluation was made;

other receipts - as they are formed (identified).

V. Disclosure of information in financial statements

17. As part of the information on the accounting policies of the organization in the financial statements, at least the following information is subject to disclosure:

a) on the procedure for recognizing the organization’s revenue;

b) on the method of determining the readiness of work, services, products, revenue from the implementation, provision, sale of which is recognized as readiness.

18. In the financial results statement, the organization’s income for the reporting period is reflected with a division into revenue and other income. (as amended by Orders of the Ministry of Finance of the Russian Federation

a) the total number of organizations with which the specified contracts are carried out, indicating the organizations that account for the bulk of such revenue;

b) the share of revenue received under the specified agreements with related organizations;

c) a method for determining the cost of products (goods) transferred by the organization.

21. The structure of accounting should ensure the possibility of disclosing information about the organization’s income in the context of current, investment and financial activities.

Other income PBU 9 99. Income of the organization. Disclosure of information in financial statements

On approval of the Accounting Regulations “Income of the Organization” PBU 9/99 (as amended as of April 27, 2012)

POSITION on accounting "Income of the organization" PBU 9/99

I. General provisions

II. Income from ordinary activities

III. Other income

IV. Revenue recognition

V. Disclosure of information in financial statements

I. General provisions

II. Income from ordinary activities

III. Other income

IV. Revenue recognition

V. Disclosure of information in financial statements

ACCOUNTING REGULATIONS "ORGANIZATION'S INCOME" PBU 9/99

I. General provisions

II. Income from ordinary activities

III. Other income

IV. Revenue recognition

V. Disclosure of information in financial statements

POSITION
on accounting "Income of the organization" PBU 9/99