Many Chinese bosses register Hong Kong companies to conduct entrepot international trade. In the process of company operation, it is sometimes inconvenient for domestic customers to pay the payment to Hong Kong companies because they do not have the right to import and export, but to the personal accounts of shareholders of Hong Kong companies. In this case, when the Hong Kong company does the accounting audit, how to do the accounting treatment?
Many Chinese bossesRegistered Hong Kong companyTransshipment international trade. During the operation of the company, it is sometimes inconvenient for the domestic customers to pay the payment to the Hong Kong company due to the lack of import and export rights, but to the personal accounts of the shareholders of the Hong Kong company. In this case, when the Hong Kong company does the accounting audit, how to do the accounting treatment?
For Hong Kong companies, there should be corresponding sales, which is the matching principle in accounting standards. In the case of the above shareholders' personal payment, the Hong Kong company's account has no record of payment for goods, which does not conform to the matching principle. In fact, this business is equivalent to the Hong Kong company entrusted the shareholder to personally collect the sales proceeds, so it should be included in the sales revenue of the Hong Kong company, and the Hong Kong company needs to provide what has been issuedINVOICE, the power of attorney of the Hong Kong company entrusting the shareholders to collect business funds personally, and the account records of personal collections. The sales income can be reflected in the account of the Hong Kong company, which is in line with the matching principle. At the same time, there is an extra amount of receivables in the account of the Hong Kong company, that is, the payment for goods received on behalf of shareholders should be returned to the Hong Kong Company. If it is not returned temporarily, it should be hung up for processing.
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