Financing lease accounting

The lessee to lease financing accounting

1, the lease beginning date accounting on the lease beginning date, the lessee shall be the lease beginning date, usually the original carrying value of the leased asset and the present value of the minimum lease payments in both the assets as a low rent entry value, the minimum lease payments as long-term accounts payable entry value, and the difference between the two records for the unrecognized financing charges. But if the lease financing of enterprise assets proportion of the total assets is not big, the lessee on the lease beginning date, according to the minimum lease payments leased assets and record long-term accounts payable. The "little proportion" usually refers to the total amount of fixed assets financed by leasing the lessee is less than 30% of the total amount of assets (including 30%). In this case, for financing is hired assets and long-term deal with the determination of reimbursement specified amount, the lessee may choose, that can be the minimum lease payments, also can use the original carrying value of the leased asset and the present value of the minimum lease payments of the two is low. When speak of "the original carrying value of the leased asset" refers to the lease beginning date in the rental account reflects the book value of the leased asset. The lessee in the calculation of the present value of the minimum lease payments, if know the lessor's interest rate implicit in the lease, the lessor shall adopt the contents of interest rates as the discount rate; Otherwise, the lease shall be stipulated in the contract of interest rates as the discount rate. If the lessor's interest rate implicit in the lease and lease contract provisions in the interest rates are not be available, the same period shall be used in the bank loan interest rates as the discount rate. Including interest rate implicit in the lease is to point to, on the lease beginning date, makes the present value of the minimum lease payments and the unguaranteed residual value is equal to the sum of the current value of the assets of the book value of the discount rate. 2, the initial direct costs accounting the initial direct costs is to point to in the lease negotiating and signing the contract that rent occurred in the process of directly attributable to lease the cost of the project. The lessee happen the initial direct costs there are usually stamp duty, commission, attorney fees, poor travelling expenses, negotiation happen expenses, etc. The lessee happen the initial direct costs, the assets shall be included in the rent entry value. The accounting is: borrow remember "fixed assets" and credited "bank deposit" subjects such as. 3, the unrecognized financing charges in the apportion of financing lease, the lessee to lessor pay rent, contains the principal and interest of the two parts. The lessee pays the rent, on one hand should reduce long-term accounts payable, on the other hand should also will not confirm the financing lease fees on certain method recognized as the current financing charge, prior to pay the rent (i.e. for each pay the rent at first), the first phase of the lease term pay rent excluding interest, need to reduce long-term accounts payable, don't have to confirm the current financing charges. In share the unrecognized financing charges, the lessee should adopt some methods to calculation. According to the provisions of the code, the lessee may adopt the effective interest rate method, can also USES the straight line method and the sum of the years method, etc. In adopt the effective interest rate method, based on the lease beginning is leasing assets and liabilities entry value basis is different, the financing cost rate choice is different. The unrecognized financing charges the apportion of concrete is divided into several situations: (1), the leased asset and liability to the present value of the minimum lease payments for entering value, and with the interest rate implicit in the lease contributor for the discount rate. In this case, the investor shall be in the interest rate implicit in the lease for the share rate. (2), the leased asset and liability to the present value of the minimum lease payments for entering value, and with the lease contract, set interest rates as the discount rate. In this case, to lease shall be stipulated in the contract as a contribution rate of interest rates. (3), the leased asset and liability to the original carrying value of the leased asset for entering value, and the lessee does not exist the guaranteed residual value and preferential buy options. In this case, should be reset to financing cost rate. Financing cost rate is to point to, on the lease beginning date, make the minimum lease payments of the current value of the leased asset is equal to the original carrying value of the discount rate. In the lessee or by a third party related to the residual value of the leased asset to provide security, and in a similar, in the lease expires, the unrecognized financing charges shall be all stand out, and lease liability should also be reduced to zero. (4), the leased asset and liability to the original carrying value of the leased asset for entering value, and the lessee does not exist the guaranteed residual value, but there are preferential buy options. In this case, should be reset to financing cost rate. In the lease expires, the unrecognized financing charges shall be all stand out, and lease liability should also be reduced to zero. (5), the leased asset and liability to the original carrying value of the leased asset for entering value, and there is the lessee the guaranteed residual value. In this case, the financing cost rate should be. In the lessee or by a third party related to the residual value of the leased asset provide guarantee or due to expiration of the lease not renew it and pay a penalty, the lease expires, the unrecognized financing charges shall be all stand out, and lease liability also shall be reduced to that date, the guaranteed residual value or the liquidated damages shall pay. The lessee shall pay the rent to each issue, should according to the amount of rent payment,, borrow write down "long-term accounts payable-deal with financing lease of" course, borrow remember "bank deposit" subjects, if pay rent included in the cost of the performance, should also borrow write down "the manufacturing costs", "management expenses" subjects such as. And according to the current period shall confirm the financing the amount of the fee, the debit "financial expenses" course, borrow remember "the unrecognized financing charges" subjects. 4, the leased asset depreciation of the lessee to financing plan rented fixed assets depreciation, basically should solve two questions: (1), depreciation policy for leased assets, the lessee shall with self-owned assets depreciation method are in agreement. If the lessee or by a third party related to the leased asset to provide guarantee, the total amount of depreciation shall be recorded for the lease beginning date of fixed assets as the entering value in the residual value of the balance after deduction. If the lessee or by a third party related to the residual value of the leased asset provide the guarantee, the total amount of depreciation shall be recorded for the lease beginning date entry value of fixed assets. (2), depreciation of the leased asset depreciation determined during the period, should according to lease contract provisions. If can reasonable lease expires the lessee will obtain the ownership of the leased asset, that the lessee has the assets can be all the fair use fixed number of year, so should with the lease beginning date of the leased asset fair use fixed number of year as depreciation period; If not reasonable to be certain that the expiration of the lease is tenant can make the leased asset ownership, it should be to the lease of the leased asset and fair use fixed number of year of the two short as depreciation period. 5, the performance of the cost accounting execution costs a lot of more phyletic, the financing for the improved defray that hires fixed assets, technical consultation and services, training, etc should be credited to each period share increasing delay cost, borrow write down "long-term deferred expenses", "accrued expenses", "the manufacturing costs", "management expenses" subjects such as fixed assets, the repair of regular, insurance premium can be directly included in the current charge, borrow write down "the manufacturing costs", "operating expenses" course, borrow remember "bank deposit" wait until subject. 6, or rent the accounting treatment because of the amount of rent or not sure, unable to adopt the method of reasonable system of the share, so in the actual occurs, debit "manufacturing cost", "operating expenses" course, borrow remember "bank deposit" subjects such as. 7 at the expiration of the lease item, the lease of the accounting treatment at the expiration of the lease, the lessee of the processing of the leased asset usually have 3 kinds of cases: (1), return the leased asset. Debit "long-term accounts payable-deal with financing lease money", "accumulated depreciation" course, borrow remember "fixed assets-fixed assets financed by leasing" subjects. (2), favorable to continue renting the leased asset. If the lessee exercise preferential renewals options, should be regarded as the lease has always been there and make corresponding accountant processing. If no renewals expiration, according to lease contract pay liquidated damages to the lessor, debit "non-operating expenses" course, borrow remember "bank deposit" subjects such as. (3), and retention of the leased asset purchase. In the lessee has preferential buy choose the option, pay when ones, borrow write down "long-term accounts payable-deal with financing lease money" and credited "bank deposit" subjects such as; At the same time, the fixed assets from "fixed assets financed by leasing" detail subject to relevant other detail course. 8, information related to accounting disclosure. The lessee shall be disclosed in financial reports to the financing lease related matters, including: (1), each type of the rented assets on the balance sheet date, the carrying amount of original value, accumulated depreciation and the net book value. (2), the balance sheet date for three accounting year every year the minimum payment will be paid, and within the year after the minimum total payment will pay. (3), the unrecognized financing charges balance. That is the unrecognized financing charges minus has confirmed that the total amount of financing charges the balance of the part. (4), share the unrecognized financing charges that the method. Such as the effective interest rate method, linear method or the sum of the years method.