How to deal with the accounts of the construction project of the city investment company?

City investment company's agent construction project, signed by the government and the city investment company "entrusted agent construction agreement", generally by the city investment company prepaid project agent construction costs, after the completion of the project, the government repurchase. The repurchase amount is "project cost+management fee", and there are generally two financial treatment methods.

1, accounting by "inventory".

In the early stage of investment, the company takes the actual cost as project construction cost accounting, which is included in the accounting subject "inventory", and sets up a subsidiary ledger for each project.

Debit: inventory -XX project.

Loans: monetary funds/accounts payable.

After the completion of the project, when the government buys back, the payment amount is determined according to the payment agreement and the actual project delivery amount determined by both parties, and the "accounts receivable" is debited and the "operating income" is credited; At the same time, the confirmed project cost is carried forward from the "inventory" account to the "operating cost" account.

Taking Nanjing XX Investment Group Co., Ltd. as an example, the company signed a financial settlement agreement with the management committee, and the management committee settled the non-operating infrastructure built by the company with an additional management fee of 65,438+00% based on the project cost confirmed by the audit. Project cost includes upfront cost and engineering cost.

Debit: monetary funds/receivables.

Loan: income from main business.

Debit: main business cost.

Credit: inventory.

Confirm the bank deposit when receiving the payment from the agent.

Debit: Bank deposit.

Credit: accounts receivable.

The corresponding cash outflow is included in "cash paid for goods and services" and the corresponding cash inflow is included in "cash received for goods and services".

2, through the "project under construction" for accounting.

The initial investment shall be accounted for according to the project construction cost.

Borrow: Construction in progress -XX project.

Loans: monetary funds/accounts payable.

Some projects are transferred to fixed assets after settlement.

When the project is completed and the government buys back, the income is confirmed and the cost is carried forward.

Debit: monetary funds/receivables.

Loan: income from main business.

Debit: main business cost.

Loans: fixed assets/projects under construction.

Confirm the bank deposit when receiving the payment from the agent.

Debit: Bank deposit.

Credit: accounts receivable.

The corresponding cash outflow is included in "cash paid for goods and services" and the corresponding cash inflow is included in "cash received for goods and services".