How do loan companies keep accounts when they receive physical debts?

Treatment: treat the situation of "paying debts in kind" as "sales" and pay VAT.

For example:

Company A borrows money from Company B due to financial problems 1500 yuan. Later, due to lack of cash, Company A first reduced part of the loan with goods worth 1000 yuan, and then Company A successively supplemented goods worth 5 10 yuan to Company B. In order to balance the accounts, Company B returned 10 yuan cash to Company A. Suppose the tax rate of the VAT invoice received was 16%.

When Company B receives the goods worth 1000 yuan:

Borrow: inventory goods 862. 1.

Taxes payable-VAT payable 137.9.

Credit: accounts receivable 1 000.

When Company B receives goods worth RMB 565,438+00 and returns RMB 65,438+00 in cash to Company A:

Borrow: Inventory goods 439.7.

Taxes payable-VAT payable 70.3.

Credit: accounts receivable 500, cash on hand 10.

The following is an introduction to the risk management of paying debts in kind:

First, formulate and improve the management system of paying debts in kind:

Relevant departments should formulate and improve unified physical management measures and implementation rules for debt-paying assets, strictly review the conditions of debt-paying enterprises and the scope of receiving debt-paying assets, make clear provisions on the operational procedures of receiving, managing and disposing debt-paying assets, clearly define the management responsibilities and authorities of commercial banks at all levels, standardize the liability for loss of debt-paying assets, and prevent moral hazard.

Secondly, it is also indispensable to maintain and manage the existing debt-paying assets:

It is a combination of leasing and operation, maintenance and utilization. On the one hand, for real estate with good geographical location and special use value, leasing can be adopted to maximize the income of debt-paying assets.

Third, choose the time and way to sell and dispose of debt-paying assets in time:

On the one hand, we should pay attention to increasing publicity, improving the popularity of the auction and expanding the scope of sellers, thus increasing the bidding power and raising the auction price.

For the above information, please refer to Baidu Encyclopedia-Paying debts in kind.