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Reporting on financial turnover reflects information on the amount of monetary resources credited to the entrepreneur’s bank account. This document provides information about all costs during a certain time period. In addition, such reports display information about financial condition companies based on indicators such as investment and current activities. In this article we propose to consider an example of filling out a traffic report Money.
Cash flow statement form-4 is filled in regarding the organization’s cash flows for current, investment and financial transactions
Who is required to submit a cash flow statement?
The reporting form in question contains information about the financial condition of the company. Quite often there is a situation in which a company with fixed capital and additional funds, is experiencing difficulties associated with a lack of funds. As a rule, many small businesses experience difficulties in repaying debts to control authorities, counterparties and their own workers. The lack of up-to-date information about the financial condition of the company has a negative impact on economic efficiency business. This means that cash flow documents play an important role in further development companies.
According to many experts, the need to compile such reports arises when the company’s management wants to attract additional investments.
A competent investor will definitely ask for this report in order to study the financial condition of the project. Also, such documentation is often requested by control authorities. The following authorities may act in this status:
- Credit organizations.
- Russian Statistics Service.
- The Federal Tax Service.
- Founding Council of the organization.
All companies operating in Russia are required to maintain such reporting.. However, there are a number of exceptions to this rule. Representatives of small businesses have legal grounds for removing the obligation to keep records of cash flows. Exactly the same right is granted to companies using a simplified accounting system.
What information needs to be reflected
A person who does not have an economic education may have difficulty drawing up such documentation. The cash flow report includes three large sections. Each section contains codes for monetary transactions. The first section focuses on the company's current operations. The second section provides financial history, and the third part of the document is dedicated to investment activities companies.
It is important to note that not all transactions related to cash flow should be recorded in reports. Current rules allow not to indicate on the report pages information about currency exchange and receipt of cash in banking organization. A detailed list of actions that must be reflected in the report is given in the sixth paragraph of the Regulations on the Balance Sheet (PBU). It is necessary to highlight the fact that the pages of the report must contain information about all financial transactions, in accordance with the qualification requirements of the document itself. When filling out the report, everything monetary transactions are indicated in the national currency and in the unit of measurement that was used when creating the balance sheet.
To correctly draw up a DDS report, you need to familiarize yourself with the rules for entering information along the lines of the form Existing requirements for filling out the DDS report
The procedure for filling out DDS reports is approved at the legislative level. According to the current rules, the duration of the reporting period is one year. All business entities are given three months after the end of the reporting period to submit documents to tax service. If the last day for submitting reports falls on a weekend or holiday, total term extended for several days. In case of violation of the above rules in relation to the company itself and officials penalties are established.
Each company is required to submit a whole package of documents to the tax service. In addition to the report on the movement financial resources, it is necessary to prepare a balance sheet (form 1), a document dedicated to financial results(form 2) and report on changes in authorized capital (form 3).
Rules for filling out the report
As mentioned above, the procedure for the formation of such documents is established at the legislative level. This means that persons preparing reports must comply with the regulations developed by the control authorities. Any error in the report may result in refusal to accept documents and other adverse consequences.
Report header
According to experts in the field of office management, compiling financial reports requires increased care. The person responsible for maintaining documentation must ensure that all fields were filled out when creating the form. In the header of the document you must indicate reporting period. The next line indicates the full name of the company, taken from the registration certificate. In addition to the name itself, you should indicate the selected organizational legal status.
At the top of the form there should be information about OKVED codes and OKPO. The following is an identification number taxpayer assigned legal entity. The date the report was compiled should be indicated in a separate cell. The next part of the document indicates the legal status and form of ownership of the company. In the same line you must indicate the OKFS and OKOPF ciphers corresponding to the selected legal form. The last section of the form header contains the OKEI code. This code displays the units of measurement used in reporting.
DDS from current operations
The first section provides information about current financial sources. Filling out this section must begin with the line “4110”. This line provides information about the total amount of cash received by the company during the reporting period. Starting with “4111” and ending with “4119” the line lists all available sources of income. These may be transactions related to the sale of commercial products or the provision of services. In addition, royalties, interest payments and rental payments are considered as sources of income.
The line number “4120” provides information about the company’s costs. This item includes wages paid, contributions to the state treasury and extra-budgetary organizations, payment for services of contractors and suppliers. A more detailed description of production costs is provided in the next nine lines. The line “4100” indicates the balance. This indicator is equal to the difference between the company's income and current expenses.
This section provides information on financial turnover that cannot be classified into a specific group. You should also note that all expenses recorded in the table are indicated in parentheses. The current rules allow not to include VAT and excise taxes paid by counterparties in the report.
In the case of the presence (movement) of funds in foreign currency, a calculation in foreign currency is first made for each type of currency DDS from investments
A similar technique is used when filling out the section on investment transactions. First of all, you need to fill out the line number “4210”, which indicates the total amount of funds received. This column provides information about the total amount of income received through the sale valuable papers And non-current assets companies. In addition, dividends received and repaid loans must be included in the income item. This income item is described in more detail in the next nine lines.
The cash flow statement must contain information about the expenses associated with the firm's investing activities. This information is recorded in the line “4220”. All information must correspond accounting documents. The next nine lines detail transactions related to the acquisition of various assets, debt obligations and the payment of interest on loans. After this, the difference between income and expenses for investment activities is indicated.
DDS from financial transactions
The DDS report form includes three main sections. The third section reflects information about the amount of financial flow received through financial transactions. The total amount of income is recorded in the line number “4310”. The following lines provide a detailed description of all the company's sources. This category includes income received through the issuance of securities, loans and credits.
In line “4320” you must indicate the costs associated with financial transactions. Detailed description expenses are given in lines “4321” - “4329”. After this, the total balance of financial transactions is given. The value of this indicator is equal to the difference between the company's income and expenses.
Results
The final part of the document provides the total balance. The person preparing the report needs to calculate total difference between the three financial flows listed above. It is important to note that this indicator can have not only a positive, but also a negative value.. In the next section you should indicate the cash balance at the beginning and end of the calendar year. In addition, the difference between foreign and national currency. A special formula is used to calculate this indicator. This section should be completed only if the company has foreign partners who require payment for their services in foreign currency.
A fully completed form must contain the signature of the head of the company. The presence of a signature is official evidence of the relevance and truthfulness of the information provided.
The cash flow statement must be prepared by those enterprises that maintain accounting records "Collapsed" indicators
The cash flow statement (form 4) may contain “collapsed” indicators. Such indicators are used to display the activities of the company's partners. In addition, the need to use such indicators arises when displaying revenues associated with company expenses. This category includes the financial flow of the agent or commission agents received through the provision of relevant services. It is important to note that the cost of services itself is not included in the document. In addition, collapsed metrics are used to display indirect taxes included in income received from counterparties.
The rules established by control authorities allow the use of collapsed indicators to indicate transportation costs, taking into account partial compensation of these costs by the counterparty. This category also includes income received through payment of rent and utility payments by the counterparty. These rules are recorded in the sixteenth paragraph of the Accounting Regulations.
It is important to note that the collapsed VAT indicator used in the VAT report must contain information about the difference between the amount of tax received from counterparties as part of income and the amount of tax transferred to business partners as part of expenses. As a rule, VAT tax is reflected in the following lines of the document:
- “Other income” - “4119”. This line is filled in if during the reporting period the amount of VAT transferred to business partners is less than the amount received from counterparties.
- “Other expenses” - “4129”. This line is filled in when the amount of VAT transferred to counterparties exceeds the amount of VAT received from business partners.
When filling out these lines, it is necessary to take into account the costs and VAT income associated with cash flow and use investment portfolio. This procedure is recorded in the letter of the Ministry of Finance of the Russian Federation under the number “07-02-18/01” dated January twenty-seventh two thousand and twelve.
Example of a completed cash flow statement
When filling out such documents, it is important to take into account a number of specific terms. The term "current activities" reflects main goal economic activity companies. The goal of each enterprise is to make a profit through the sale of manufactured goods or the provision of services. It is important to note that in some cases, generating income is a secondary concern. Typically, such organizations focus on fulfilling construction work, farming and production of goods. Despite the fact that in in this case Profitability is a secondary concern; these companies earn high profits.
According to the developed procedure for filling out the fourth form, the document itself includes entries that duplicate the financial statements. Investment activity involves investing money in real estate and business projects. Financial activities associated with short-term investment and issue of own shares.
In the event that during the reporting period the company carried out financial and investment operations, a detailed explanation should be provided on the pages of the report. Such information allows you to study all the sources of the company’s income and the manner in which funds are spent. The following sources of income are considered:
- All available markets for commercial products.
- Cash received through the provision of services.
- Receiving funds from budget funds and private structures.
- Bank loans, credits and advances.
- Money received through the sale of assets.
- Interest on securities and investments.
The company's expense item includes the cost of purchasing production equipment, payments to employees and contributions to the state budget. This group also includes funds intended for creating an investment portfolio and paying interest to the company’s investors. If there are loans, all amounts used to repay the loan should also be included in the company's expenses.
When filling out the lines dedicated to decryption money turnover, it is necessary to separately indicate payments for dividends and loans. Unforeseen budget expenses are indicated in a separate line. Below, we propose to consider how to fill out (example line by line) DDS reporting:
Form 4 reflects cash and non-cash cash processes Conclusions (+ video)
With the help of the document in question, the company transmits information about its financial condition to the control authorities. Such reporting allows you to obtain information about the prospects for further development of the enterprise. When identifying financial problems, analysts can develop a set of measures aimed at improving the performance of business activities.
In contact with
In 2011, by Order of the Ministry of Finance dated 02/02/2011. No. 11n was approved. Its introduction was due to an attempt to bring the standards of Russian accounting To international standards financial statements(IFRS).
In accordance with paragraph 6 of PBU 21/2008, the accounting policy of the organization must ensure rational accounting, based on business conditions and the size of the organization (rationality requirement).
The indicators of the organization's cash flow statement are reflected in rublesRF.
The amount of cash flows in foreign currency is recalculated into rubles at the official rate of this foreign currency to the ruble established by the Central Bank of the Russian Federation on the date of payment or receipt
Note:The difference arising from recalculation cash flows of the organization and cash balances and cash equivalents in foreign currencies at rates for different dates, reflected in the cash flow statement separately from the current, investment and financial cash flows of the organization as the impact of changes in the foreign currency exchange rate against the ruble.
2. Cash flow statement indicators for the previous period.
Report indicators for last year transferred from the 2010 cash flow statement, with adjustments for comparability purposes.
In accordance with, if the data for the period preceding the reporting period, incomparable with data for the reporting period, then the first of these data are subject to adjustment based on the rules established regulations in accounting. Each significant adjustment must be disclosed in the explanations to the balance sheet and profit and loss account together with an indication of the reasons causing this adjustment .
Those. cash flow statement data for 2010 needs to be adjusted:
- reflect cash equivalents;
- “pull out” the amounts of indirect taxes and show the balance of mutual settlements for them;
- “collapse” turnovers that are not cash flows of the organization;
If adjusting last year's indicators is difficult, it is necessary to calculate the indicators based on accounting data for 2010 (which means, in fact, drawing up a new cash flow statement for 2010).
Note:When filling out the report, please remember that deductible or negative indicators are shown in the report in parentheses(Order of the Ministry of Finance dated July 2, 2010 No. 66n “On forms financial statements organization").
3. Filling out the section " Cash flows from current operations."
The section “cash flows from current operations” contains indicators characterizing the receipts and outflows of funds associated with the main activities of the organization (receipts from customers and payments to suppliers).
Also reflected in this section:
1. Income:
- rent, license payments, royalties, commissions and other similar payments;
- from interest on accounts receivable buyers (customers);
- from resale of financial investments;
- others (including positive final balance for VAT).
- on employee remuneration;
- income tax;
- interest on debt obligations (except for interest taken into account in the cost investment assets);
- others (including negative final balance for VAT).
Note:In accordance with clause 12 of PBU 23/2011, the organization’s cash flows, which can not be clearly classified according topoints 8- 11 Provisions classified as cash flows from current operations.
INCOME FROM CURRENT OPERATIONS
Receipts - total(line 4110 ) - indicates the total amount of revenue from current operations (calculated as the sum of the lines 4111 -4119 ).
Including:
from the sale of products, goods, works and services(line 4111 ) - indicates the amount of cash and equivalents received for current accounts and to the organization’s cash desk (as well as to cash equivalent accounts) for goods, works, services sold (including commissions and agency fees).
These receipts are reflected in the accounting registers in the debit of the following accounts:
- 50 "Cashier";
- 51 “Current accounts”;
- 52" Currency accounts»;
These receipts are also reflected in the debit of accounts 50, 51, 52, 58, 76, minus the amounts:
- indirect taxes (we deduct VAT amounts, except for VAT on refunds and amounts due to principals and principals);
- received by agents, commission agents, intermediaries due for transfer to principals, principals, clients of intermediaries;
- received as compensation for utility and other expenses incurred.
from resale of financial investments(line 4113 ) - indicates the amount of received cash and equivalents for financial investments purchased for the purpose of resale in the short term (usually within three months).
Note:In accordance with clause 17 of PBU 23/2011, cash flows are reflected in the cash flow statement collapsed in cases where they are characterized by fast turnover, large amounts and short return periods.
Thus, receipts from financial investments are shown only in the amount of economic benefits received by the organization (the total amount of receipts minus the amounts spent on the acquisition of realized financial investments).
(lines 4114 - 4118 ) - the names of additional lines and the amounts of receipts corresponding to these names are indicated.
In additional lines, the accountant can reflect, taking into account the level of materiality, income from current activities that are not taken into account in the amounts of income on other lines.
Such receipts may be those receipts that cannot be unambiguously classified.
The amounts of these receipts are reflected according to the same principles as the amounts of receipts from sales in the line 4111 .
other supply(line 4119 ) - indicates the amount of other income from the current activities of organizations. Such receipts could be:
- the amount of benefit from the sale/purchase of currency;
- positive balance of VAT payments;
- compensation amounts;
- interest due on receivables from buyers (customers);
- proceeds from the sale of other property (except for the sale of fixed assets);
Amounts of indirect taxes received by an organization from the budget (for example, VAT refunds) are reflected in this line “collapsed”.
PAYMENTS FOR CURRENT OPERATIONS
Payments - total(line 4120 ) - indicates the amount of payments for current transactions (calculated as the sum of the lines 4121 -4129 ). Indicators by line 4120 and by lines 4121-4129
Including:
to suppliers (contractors) for raw materials, materials, works, services(line 4121 ) - indicates the amount of payments to suppliers and contractors for received goods and materials, work and services related to the current activities of the organization.
- 50 "Cashier";
- 51 “Current accounts”;
- 52 “Currency accounts”;
- 58 “Financial investments” (in terms of accounting for cash equivalents related to financial investments);
- 76 “Settlements with various debtors and creditors” (in terms of accounting for other cash equivalents);
These payments are reflected in the accounting registers on the credit of the following accounts:
- 50 "Cashier";
- 51 “Current accounts”;
- 52 “Currency accounts”;
- 58 “Financial investments” (in terms of accounting for cash equivalents related to financial investments);
- 76 “Settlements with various debtors and creditors” (in terms of accounting for other cash equivalents);
income tax(line 4124 ) - indicates the amount of payments related to the payment of corporate income tax, including advance tax payments, with the exception of corporate income tax directly related to the organization’s investment or financial operations.
(lines 4125-4128 ) - the names of additional lines and the payment amounts corresponding to these names are indicated.
In additional lines, the accountant can reflect, taking into account the level of materiality, payments for current activities that are not taken into account in the amounts of payments on other lines.
Such payments may be payments that cannot be clearly classified.
The amounts of these payments are reflected on the same principles as the amounts of payments to suppliers and contractors for received goods and materials, works and services related to the current activities of the organization in the line 4121 .
other payments (line 4129 ) - indicates the amount of other payments related to the current activities of organizations. Such payments may be:
- the amount of loss from the sale/purchase of currency;
- the amount of loss received during the exchange of cash equivalents;
- negative balance of payments (debt to the budget) for VAT;
- penalties, fines and sanctions paid by the organization under agreements with counterparties.
Amounts of indirect taxes paid by an organization to the budget (for example, VAT) are reflected in this line “collapsed”.
Balance of cash flows from current operations(line 4100 ) - indicates the amount of the difference between receipts from current operations and payments for current operations.
Line 4100 = string 4110 - line 4120.
1. Filling out the “Cash flows from investment operations” section.
In this section, organizations reflect cash flows associated with investment activities - the acquisition, creation or disposal of non-current assets.
In accordance with paragraph 10 of PBU 23/2011, information on cash flows from investment operations shows users of the organization’s financial statements the level of the organization’s expenses incurred to acquire or create non-current assets that provide cash receipts in future.
Examples of cash flows from investment transactions:
- payments to suppliers (contractors) and employees of the organization in connection with the acquisition, creation, modernization, reconstruction and preparation for use of non-current assets, including costs of research, development and technological work;
- payment of interest on debt obligations included in the value of investment assets in accordance with PBU 15/2008;
- proceeds from the sale of non-current assets;
- payments in connection with the acquisition of shares (participatory interests) in other organizations, with the exception of financial investments acquired for the purpose of resale in the short term;
- proceeds from the sale of shares (participatory interests) in other organizations, with the exception of financial investments acquired for the purpose of resale in the short term;
- providing loans to others;
- repayment of loans provided to other persons;
- payments in connection with the acquisition of debt securities (rights to claim funds against other persons), with the exception of financial investments acquired for the purpose of resale in the short term;
- proceeds from the sale of debt securities (rights to claim funds against other persons), with the exception of financial investments acquired for the purpose of resale in the short term;
- dividends and similar income from equity participation in other organizations;
INCOME FROM INVESTMENT OPERATIONS
Receipts - total(line 4210 ) - indicates the total amount of income from investment operations (calculated as the sum of the lines 4211 -4219 )
Including:
from the sale of non-current assets (except financial investments)(line 4211 ) - indicates the amount of cash receipts and cash equivalents associated with the sale of non-current assets.
For example, proceeds from sales:
- fixed assets;
- intangible assets;
- capital investments in non-current assets (including in the form of construction in progress);
- R&D results.
- 50 "Cashier";
- 51 “Current accounts”;
- 52 “Currency accounts”;
- 58 “Financial investments” (in terms of accounting for cash equivalents related to financial investments);
- 76 “Settlements with various debtors and creditors” (in terms of accounting for other cash equivalents);
- indirect taxes (we deduct VAT amounts, except for VAT on refunds and amounts due to principals and principals);
- received by agents, commission agents, intermediaries due for transfer to principals, principals, clients of intermediaries;
- received as compensation for expenses incurred (transport, utilities, etc.).
from the return of loans provided, from the sale of debt securities (rights to claim funds against other persons) (line 4213 ) - the amount of receipts is indicated:
- from returns of previously issued interest-bearing loans (excluding interest received);
- from the sale of bills and bonds (excluding interest received);
- from the assignment of previously acquired rights of claim to third parties.
other supply(line 4219 ) - indicates the amount of other income related to the investment activities of the organization, for example - income from participation in joint activities.
PAYMENTS FOR INVESTMENT OPERATIONS
Payments - total(line 4220 ) - indicates the amount of payments for investment transactions (calculated as the sum of the lines 4221 -4229 ). Indicators by line 4220 and by lines 4221-4229 are indicated in parentheses.
Including:
in connection with the acquisition, creation, modernization, reconstruction and preparation for use of non-current assets (line 4221 ) - indicates the amount of payments to counterparties, as well as payments to employees of the organization related to operations for the acquisition, creation, modernization, reconstruction and preparation for use of non-current assets.
These payments are reflected in the accounting registers on the credit of the following accounts:
- 50 "Cashier";
- 51 “Current accounts”;
- 52 “Currency accounts”;
- 58 “Financial investments” (in terms of accounting for cash equivalents related to financial investments);
- 76 “Settlements with various debtors and creditors” (in terms of accounting for other cash equivalents);
- indirect taxes (we deduct the amounts of VAT paid, except for VAT on refunds and VAT related to principals and principals);
- amounts paid by agents, commission agents, intermediaries, due for transfer to principals, principals, clients of intermediaries;
- reimbursable expenses (transport, utilities, etc.).
in connection with the acquisition of debt securities (rights to claim funds against other persons), provision of loans to other persons (line 4223 ) - indicates the amount of payments sent:
- to provide interest-bearing loans;
- for the purchase of bills and bonds;
- on acquired rights of claim against third parties.
other payments(line 4229 ) - the amount of payments is indicated:
- on income tax from investment transactions (if it is possible to determine it correctly);
- directed towards contributions to joint activities;
- other payments related to the organization’s investment operations.
Line 4200 = string 4210 - line 4220.
If the result is negative, it is indicated in parentheses.
EXAMPLE OF COMPLETING A CASH FLOW REPORT sheet 1.
1. Filling out the section “Cash flows from financial transactions».
The section “Cash flows from financial transactions” reflects the amounts of cash flows associated with raising financing on a debt or equity basis.
Such operations entail changes in structure and size:
- capital of the organization;
- borrowed funds of the organization.
- cash contributions from owners (participants), proceeds from the issue of shares, increases in participation interests;
- payments to owners (participants) in connection with the repurchase of shares (participatory interests) of the organization from them or their withdrawal from membership;
- payment of dividends and other payments for the distribution of profits in favor of owners (participants);
- proceeds from the issue of bonds, bills and other debt securities;
- payments in connection with the redemption (redemption) of bills and other debt securities;
- obtaining loans and borrowings from other persons;
- return of loans and borrowings received from other persons.
Receipts - total(line 4310 ) - indicates the total amount of income from financial transactions (calculated as the sum of the lines 4311 -4319 )
Including:
obtaining credits and loans(line 4311 ) - indicates the amount of receipts of cash and cash equivalents as loans and borrowings (including receipts from interest-free loans).
cash deposits owners (participants)(line 4312 ) - indicates the amount of monetary contributions of the owners (participants) of the organization that do not lead to an increase in participation shares.
from issuing shares, increasing participation shares(line 4313 ) - indicates the amount of receipts received as payment:
- shares of the organization (by its shareholders);
- shares in the authorized capital of the organization (by its founders);
- additionally placed shares;
- additional cash deposits leading to an increase in the share of participation.
- bills issued by the organization;
- bond issues;
- other debt securities.
PAYMENTS FOR FINANCIAL TRANSACTIONS
Payments - total(line 4320 ) - indicates the amount of payments for financial transactions (calculated as the sum of the lines 4321 -4329 ). Indicators by line 4320 and by lines 4321-4329 are indicated in parentheses.
Including:
owners (participants) in connection with the repurchase of shares (participatory interests) of the organization from them or their withdrawal from the membership (line 4321 ) - the amount of payments is indicated:
- the actual value of the share (part of the share) to the participant/his creditors/heirs/legal successors;
- for own shares purchased from shareholders (their creditors, heirs, assigns).
in connection with the repayment (redemption) of bills and other debt securities, repayment of loans and borrowings(line 4323 ) - indicates the amount of payments aimed at repaying debt obligations (credits, borrowings, own bills and other debt securities) with the exception of the amounts of interest paid.
other payments(line 4329 ) - indicates the amount of other payments related to the financial transactions of the organization. This line may reflect, for example, lease payments paid by the organization.
Balance of cash flows from financial transactions(line 4300 ) - indicates the amount of the difference between receipts from financial transactions and payments for financial transactions.
Line 4300 = string 4310 - line 4320.
If the result is negative, it is indicated in parentheses.
1. Resulting data.
Balance of cash flows for the reporting period(line 4400 ) - indicates the amount obtained by adding:
- Balance of cash flows from current operations (line 4100 );
- Balance of cash flows from investment operations (line 4200 );
- Balance of cash flows from financial transactions (line 4300 );
If the result is negative, it is indicated in parentheses.
Balance of cash and cash equivalents at the beginning of the reporting period(line 4450 ) - indicates the amount of the balance of cash and cash equivalents at the beginning of the year.
This indicator must be linked to the line indicator balance sheet 1250 “Cash and cash equivalents” at the beginning of the year. If these amounts are not equal, then it is necessary to decipher and explain the deviations that have arisen.
Balance of cash and cash equivalents at the end of the reporting period(line 4500 ) - indicates the amount of cash balance and cash equivalents at the end of the year.
This indicator should be linked to the indicator of balance sheet line 1250 “Cash and cash equivalents” at the end of the year. If these amounts are not equal, then it is necessary to decipher and explain the deviations that have arisen.
The magnitude of the impact of changes in foreign currency exchange rates against the ruble(line 4490 ) - indicates the “collapsed” total amount of exchange rate differences arising in connection with the conversion of foreign currency funds and equivalents into rubles.
The amount of the difference is determined as follows:
The magnitude of the impact of changes in the exchange rate of foreign currency against the ruble = the total amount of positive exchange rate differences for reporting year- the total amount of negative exchange rate differences for the reporting year.
If the result is negative, it is indicated in parentheses.
Data for determining the final balance for exchange rate differences are reflected in accounting account 91 “other income and expenses.”
EXAMPLE OF COMPLETING A CASH FLOW REPORT sheet 2.
1. Accounting policy.
IN accounting policy For accounting purposes, an organization must reflect the following information:
In 2017, you need to take care of filling out the cash flow statement for 2016. Who should submit the report? What is the purpose of the report? How does filling out the report relate to the PBU and what lines characterize the state of the company? How to highlight VAT and personal income tax in a report? Let's figure it out and create a sample filling.
Purpose and report form
Who should take it?
All accounting organizations are required to prepare a cash flow report for 2016 and submit it to the Federal Tax Service. At the same time, organizations that have the right to use simplified forms of accounting and reporting have the right not to submit a report. For example, small enterprises (parts 4–5 of article 6 of Law dated December 6, 2011 No. 402-FZ, clause 6 of order of the Ministry of Finance of Russia dated July 2, 2010 No. 66n). Cm. " ".
What to include in the report
The cash flow statement needs to summarize information about three types of activities of the company in 2016: current, investing and financing. For each type of activity, the report has its own section:
- “Cash flows from current operations”;
- “Cash flows from investment operations”;
- "Cash flows from financial transactions."
For each group, highlight how much money was received and how much was decreased, as well as the result of such receipts and expenditures for the reporting period (clauses 12 and 13 of PBU 23/2011).
Determine the cash balances at the beginning and end of 2016 for the organization as a whole, taking into account branches and representative offices. Indicators for 2016 should be shown in comparison with similar data for 2015.
Instructions for filling
The procedure for generating a cash flow statement for 2016 is outlined in PBU 23/2011, approved. by order of the Ministry of Finance of Russia dated 02.02. 2011 No. 11n. It is mandatory to fill out a report in accordance with these rules if you submit a cash flow statement (CFS) to the Federal Tax Service as part of your financial statements for 2016.
Note that the cash flow statement for 2016 may be required not only for submission to the inspection. In 2017, it is also filled out, for example, for banks, founders or Rosstat authorities. In such situations in mandatory It is not necessary to follow the rules of PBU 23/2011. Just stick with it general requirements to the formation of financial statements, which are prescribed in PBU 4/99. And that will be enough.
The ODDS does not need to reflect the movement of money within the company - for example, depositing cash proceeds into a current account (clause 6 of PBU 23/2011).
It can be challenging for new accountants to complete a cash flow statement the first time. Moreover, it is not easy to find a normal cheat sheet that would decipher the algorithm for filling out the ODS for 2016 “for dummies.” Therefore, we consider turning to the recommendations of experienced accountants. Here, for example, are two of them:
Line 4490: change in exchange rate
If the organization conducts cash settlements in foreign currency, then the amounts of payments or receipts must be converted into rubles. To do this, convert foreign currency into rubles at the official exchange rate on the date of payment. When an organization has quite a lot of homogeneous transactions in foreign currency, and official rate this currency changed slightly, for recalculation you can also use the average rate for the month (or for a shorter period) - paragraph 6 of PBU 3/2006.
The difference resulting from the recalculation of the organization’s cash flows and cash balances in foreign currency at rates on different dates should be reflected in the report separately from current, investment and financial flows. Show this as the impact of changes in the foreign currency exchange rate against the ruble on line 4490 of the Cash Flow Statement for 2016.
What to do with personal income tax
Personal income tax withheld from wages employees, in the cash flow statement for 2016, reflect together with the amount of wages from which it was withheld (attachment to the letter of the Ministry of Finance of Russia dated January 29, 2014 No. 07-04-18/01). In which section should these amounts be shown? This will depend on whether the remuneration of the organization’s employees is related to ordinary activities generating revenue - current activities (paragraph 1, paragraph 9 of PBU 23/2011), or, for example, with the acquisition or modernization of fixed assets - investment activities (paragraph 1, paragraph 10 of PBU 23/2011).
If we are talking about current activities, then show personal income tax in “Payments” on line 4122 “in connection with the payment of employees” of the section “Cash flows from current operations” (clause 9 of PBU 23/2011).
When remuneration of employees relates to the investment activities of the organization, then personal income tax amount will be reflected in “Payments” on line 4221 “in connection with the acquisition, creation, modernization, reconstruction and preparation for use of non-current assets” (clause 10 of PBU 23/2011).
If personal income tax is withheld from income paid to the owners of the organization, then the tax must be reflected in “Payments” on line 4322 “for the payment of dividends and other payments for the distribution of profits in favor of the owners (participants)”, i.e. as part of cash flows from financial transactions (clause 11 of PBU 23/2011).
Alimony
The transfer of withheld amounts of alimony is not a payment of wages, therefore these amounts are shown as part of other payments on line 034 of the cash flow statement
Insurance premiums: which group to include?
The amounts of insurance contributions to the funds are reflected in the cash flow statement for 2016 in the section “Cash flows from current operations” under the group of items “in connection with compensation of employees.”
Please note that in this section, payments for wages of employees are reflected in the amount that includes amounts subject to deduction from wages of employees, for example, personal income tax, payments for writs of execution(Appendix to the Letter of the Ministry of Finance of Russia dated January 29, 2014 No. 07-04-18/01).
In what form should the ODDS be drawn up?
The cash flow statement (CFS) must be prepared in the form approved by Order of the Ministry of Finance dated July 2, 2010 N 66n. The codes of indicators that are indicated in the ODDS are given in Appendix No. 4 to this Order.
Basic rules for filling out the ODDS
ODDS is filled out for calendar year from January 1 to December 31. In addition, it provides similar data for last year (clauses 10, 13 of PBU 4/99).
The ODDS reflects all receipts of money into the organization, all its payments, as well as cash balances at the beginning and end of the year (clause 6 of PBU 23/2011). Therefore, unlike other reporting forms, ODDS is filled out using the cash method.
The ODDS does not need to reflect the movement of money within the company - for example, depositing cash proceeds into a current account (clause 6 of PBU 23/2011).
Tip 1. To make it more convenient for you to fill out the ODDS, there are 50 “Cashier”, 51 " Current accounts", 52 "Currency accounts" you need to organize analytical accounting by type of money movement. To do this, create separate sub-accounts for all types of receipts and payments that are mentioned in the ODDS and are found in the company's activities. For example, to fill out line 4122 "payments in connection with remuneration of employees" you can create a subaccount with the same name.
Tip 2. VAT received from buyers, paid to suppliers and transferred to the budget is reflected in the gross income tax (clause 16 of PBU 23/2011). Therefore, it is advisable that in your accounting program These VAT amounts were accounted for separately.
If the program does not have such accounting, then when filling out the ODDS you will have to manually select VAT from total amounts receipts and payments.
Filling procedure separate lines ODDS
Option 1. During the year, you kept analytical records by type of cash flow. In this case, create a balance sheet for accounts 50, 51, 52 for the year. Then transfer the data of individual subaccounts to the corresponding lines of the ODDS. If you do not have data to fill out individual lines, put dashes in them (clause 11 of PBU 4/99).
Option 2. During the year you did not conduct analytical accounting by type of money movement. In this case, you will have to manually select receipts and payments of a certain type from the general list of transactions for accounts 50, 51, 52, and then group them by ODDS items. Then the order of filling out individual lines of the ODDS will be as follows.
Line indicator 4111 “Receipts from the sale of products, goods, works and services " count like this:
1) add up the debit turnover on accounts 50, 51, 52 in correspondence with account 62 “Settlements with buyers and customers” in terms of proceeds from the sale of goods, works, services;
In line 4119, enter the value calculated using the formula:
If the result is a negative value, then indicate it in parentheses in line 4129 “Other payments”, and put a dash in line 4119.
Example. Reflection of VAT in the cash flow statement
According to the accounting data of Alpha LLC, the data on VAT movements for the year are as follows:
VAT received as part of payments from buyers - 1,000,000 rubles;
VAT transferred as part of transfers to suppliers - 600,000 rubles;
Transferred to the VAT budget - 100,000 rubles.
VAT receipt in the amount of 300,000 rubles. (1,000,000 rubles - 600,000 rubles - 100,000 rubles) is reflected in line 4119 “Other receipts”.
Calculate the indicator for line 4121 “Payments to suppliers (contractors) for raw materials, materials, works, services” as follows:
1) add up the credit turnover on accounts 50, 51, 52 in correspondence with accounts 60 “Settlements with suppliers and contractors” and 76 “Settlements with various debtors and creditors” in terms of payments to suppliers for raw materials, supplies, work, services;
2) subtract the VAT amounts contained in payments to suppliers.
Indicate the result of the previous two actions in parentheses on line 4121.
In line 4122 “Payments in connection with the remuneration of employees”, indicate in brackets the amount of credit turnover on accounts 50, 51 in correspondence with the accounts (sub-accounts):
70 "Settlements with personnel for wages";
68 - Personal income tax (Appendix to the Letter of the Ministry of Finance dated January 29, 2014 N 07-04-18/01);
69 - contributions (Appendix to the Letter of the Ministry of Finance dated January 22, 2016 N 07-04-09/2355).
The indicator of line 4123 “Interest payments on debt obligations” is equal to the amount of credit turnover on accounts 50, 51, 52 in correspondence with accounts 66 “Settlements on short-term loans and loans" in terms of interest. Indicate the result in parentheses.
In line 4124 “Organizational income tax payments”, indicate in brackets the amount of credit turnover on account 51 in correspondence with subaccount 68 - “Income tax”.
Calculate the indicator for line 4211 “Proceeds from the sale of non-current assets (except financial investments)” as follows:
1) add up the debit turnover on accounts 50, 51, 52 in correspondence with account 62 in terms of proceeds from the sale of fixed assets;
2) subtract from the received amount the VAT contained in payments from buyers.
The indicator of line 4213 “Receipts from the return of loans granted, from the sale of debt securities (rights to claim funds from other persons)” is equal to the sum of debit turnover on accounts 50, 51, 52 with accounts:
76 “Settlements with various debtors and creditors” - in terms of proceeds from the sale (redemption) of bills of exchange of third parties, rights of claim;
58-3 "Loans provided".
The indicator of line 4214 “Receipts in the form of dividends, interest on debt financial investments and similar income from equity participation in other organizations” is equal to the sum of debit turnover on accounts 50, 51, 52 in correspondence with account 76 in terms of dividends received, interest on bonds.
Calculate the indicator for line 4221 “Payments in connection with the acquisition, creation, modernization, reconstruction and preparation for use of non-current assets” as follows:
1) add up the credit turnover on accounts 50, 51, 52 in correspondence with account 60 regarding the transfer of money to suppliers for acquired fixed assets and intangible assets, as well as materials, works, services related to the acquisition of fixed assets;
2) subtract the VAT transferred to suppliers.
Indicate the result of the previous two actions in parentheses on line 4221.
In line 4223 "Payments in connection with the acquisition of debt securities (rights to claim funds from other persons), provision of loans to other persons" indicate in brackets the amount of credit turnover on accounts 50, 51, 52 in correspondence with subaccounts 58-2 "Debt securities papers", 58-3 "Loans provided", 58 - "Debts acquired by assignment".
The indicator of line 4311 “Receipt of credits and borrowings” is equal to the sum of debit turnover on accounts 50, 51, 52 in correspondence with accounts 66, 67 in terms of the principal debt.
The indicator of line 4322 “Payments for the payment of dividends and other payments for the distribution of profits in favor of owners (participants)” is equal to the amount of credit turnover on accounts 50, 51, 52 in correspondence with subaccount 75-2 “Calculations for the payment of income” in terms of payment of dividends and subaccount 68 “Income Tax” in terms of income tax transferred to the budget from the amount of dividends paid. Indicate the result in parentheses.
The indicator of line 4323 “Payments in connection with the repayment (redemption) of bills and other debt securities, repayment of loans and borrowings” is equal to the amount of credit turnover on accounts 50, 51, 52 in correspondence with accounts 66.67 in terms of the return to the creditor (borrower) of amounts credits (loans), repayment of own bills. Indicate the result in parentheses.
The data in line 4450 “Balance of cash and cash equivalents at the beginning of the reporting period” must be equal to the data in line 1250 “Cash and cash equivalents” of the balance sheet at the end of the previous year.
The data in line 4500 “Balance of cash and cash equivalents at the end of the reporting period” in the ODDS must be equal to the data in line 1250 “Cash and cash equivalents” of the balance sheet .
Example. Completing a Cash Flow Statement
During the year, 51 accounts underwent such transactions.
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Operation |
Corresponding |
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Received money from buyers for goods (including including VAT 18%) |
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Money was transferred to suppliers for goods (including including VAT 18%) |
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Money received from the sale of the OS (including VAT 18%) |
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Salary transferred |
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Personal income tax listed |
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Contributions transferred |
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VAT transferred |
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Income tax transferred |
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Credit received |
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Loan interest transferred |
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Credit returned |
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Money received from the sale own bill |
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Money was transferred for the purchase of intangible assets (excluding VAT) |
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The borrower repaid the loan |
The cash flow statement is filled out as follows (data for last year are based on the data from the cash flow statement of last year).