Is the standard for defining fixed assets 2000 yuan?

Fixed assets management is an important daily work of accounting personnel in various units. It is often said that this asset is worth more than 2,000 yuan. Why not manage it as a fixed asset?

Is there an amount standard for fixed assets? What about the figures of 2,000 yuan, 5,000 yuan, 1 10,000 yuan and 5 million yuan of fixed assets that people often mention? As a financial officer, we still have to make this standard clear. If the financial personnel don't understand themselves, it will be a joke.

1. What is the standard of 2000 yuan?

We are particularly sensitive about the accounting standards for fixed assets, especially the figure of 2000 yuan, because many accountants will still use 2000 yuan as the definition standard for fixed assets intentionally or unintentionally.

When it comes to fixed assets, we can't help mentioning three accounting systems or standards: enterprise accounting system, small enterprise accounting standards and enterprise accounting standards.

This 2000 yuan is related to the Accounting System for Enterprises (No.200025).

Article 25 of the system stipulates that fixed assets refer to houses, buildings, machines, machinery, means of transport and other equipment, appliances and tools related to production and operation with the service life of enterprises exceeding 65,438+0 years. Articles that do not belong to the main equipment of production and operation, with a unit value of more than 2,000 yuan and a service life of more than 2 years, should also be regarded as fixed assets.

The definitions of fixed assets in Accounting Standards for Small Enterprises and Accounting Standards for Business Enterprises both emphasize the assets with a service life exceeding 1 year, but there is no reference to the judgment standard of the amount of fixed assets.

Second, where did the data of 5000 yuan and 654.38+0 million come from?

This data comes from the relevant provisions of the tax law.

Article 2 of the Notice on Improving the Enterprise Income Tax Policy for Accelerated Depreciation of Fixed Assets (Caishui No.20 1475) stipulates that the newly purchased instruments and equipment specially used for R&D in 2014 years, whose unit value does not exceed1000,000 yuan, are allowed to be included in the current cost, deducted when calculating the taxable income, and depreciation is no longer calculated on an annual basis.

Article 3 stipulates that the fixed assets held by all enterprises with a unit value of not more than 5,000 yuan are allowed to be included in the current cost, deducted when calculating the taxable income, and depreciation is no longer calculated on an annual basis.

Article 3 of the Announcement on Tax Policies for Accelerated Depreciation of Fixed Assets (State Taxation Administration of The People's Republic of China Announcement No.64, 20 14) stipulates that the fixed assets with a unit value of less than 5,000 yuan held by an enterprise can be deducted at one time when calculating the taxable income.

What needs to be emphasized here is that this is the treatment of asset value income tax by tax law, and it is not the basis for defining whether accounting belongs to fixed assets.

Third, where is the 5 million sacred?

The figure of 5 million is the newly purchased equipment and appliances (excluding houses and buildings) from 20 18 to 2020 10/0 to February 2020 1 according to the provisions of Caishui Document 20 1854.

As can be seen from the above introduction, whether it is 5000 yuan, 1 10,000 yuan or 5 million yuan, it has nothing to do with the accounting value standard of fixed assets, and it is purely the data of preferential tax policies, not the basis for accounting treatment. How to deal with it in accounting, the resulting tax difference will be adjusted during settlement.

Four, how to grasp the definition standard of fixed assets in practice?

Although there is no mandatory value standard for fixed assets in the accounting system, it cannot be said that there is no value standard. Each unit may, according to its actual situation and the principle of easy management, formulate a fixed asset management system and define the value standard of fixed assets. For some small enterprises, the value of fixed assets can be 1000 yuan, while for those larger enterprises, it may be 10000 yuan.

Of course, this value standard should be the recorded value, and the invoice obtained is a value-added tax invoice, because the input tax can be deducted and the value of fixed assets is tax-free, otherwise the tax-included amount in the invoice can only be regarded as the value of fixed assets.

The value standard of fixed assets can be said to be standard or nonstandard. Fixed assets seem to have little problem, but they reveal a lot of accounting knowledge. What do you think of this problem?