The following detailed accounts are set up to facilitate the calculation of super tax deductions:
(1) New product design fees, new process specification development fees, and technical book and material fees directly related to R&D activities, Material translation fee.
(2) Material, fuel and power costs directly consumed in research and development activities.
(3) Wages, salaries, bonuses, allowances, and subsidies for on-the-job personnel directly engaged in R&D activities.
(4) Depreciation or rental fees for instruments and equipment specifically used for research and development activities.
(5) Amortization expenses of intangible assets such as software, patents, and non-patented technologies used exclusively for research and development activities.
(6) Development and manufacturing costs of molds and process equipment specifically used for intermediate testing and product trial production.
(7) On-site test fees for exploration and development technology.
(8) Fees for demonstration, review, and acceptance of R&D results.
The R&D expenditure account is an expense account. The debit side registers the actual R&D expenditures. The credit side registers the amount converted into intangible assets and management expenses. The debit balance reflects the ongoing research and development projects of the enterprise that meet the requirements for capitalization. Conditional expenditures are divided into "expense expenditures" and "capitalized expenditures" according to research and development projects for detailed accounting.
Extended information:
1. This account accounts for various expenditures incurred by enterprises in the process of researching and developing intangible assets.
2. This subject should be accounted for in detail according to the research and development project, "expense expenditure" and "capital expenditure" respectively.
3. Main accounting treatment of R&D expenditures
(1) If the R&D expenditures incurred by the enterprise to develop intangible assets by itself do not meet the conditions for capitalization, this account will be debited (expensed) Expenditure), if the conditions for capitalization are met, this account (capitalized expenditure) will be debited and "raw materials", "bank deposits", "employee salary payable" and other accounts will be credited.
(2) For ongoing research and development projects acquired by the enterprise in other ways, this account (capitalized expenditure) should be debited and "bank deposits" and other accounts credited according to the determined amount. R&D expenditures incurred in the future shall be handled in accordance with the provisions of (1) above.
(3) If the research and development project reaches the intended use and forms intangible assets, the "intangible assets" account shall be debited and this account (capitalized expenditures) shall be credited according to the balance of this account (capitalized expenditures) .
At the end of the period, the enterprise should transfer the expensed expenditure amount collected in this account to the "R&D Expenses" account, debit the "R&D Expenses" account, and credit this account (expended expenses).
4. The debit balance at the end of this account reflects the expenditures that meet the capitalization conditions in the company's ongoing research and development projects.
Baidu Encyclopedia-R&D expenditure