Costs for comprehensive insurance in tax accounting for leasing

What are the postings for payment for asset insurance under leasing?

The accounts used depend on the plan adopted by the company. Accounting for various taxes takes place in a subaccount (account 68), for example:

1. Account 68.2 – personal income tax payments.
2. Account 68.1 – calculations of fees according to the simplified tax system;

Insurance accounting: frequently asked questions Question No. 1. On a business trip. On business, the employee was traveling by air. The insurance policy attached to the ticket does not indicate what type of insurance was used - compulsory or voluntary.

Does it need to be taken into account for tax purposes?

If the joint venture is issued separately, as an attachment to an air ticket, then the company cannot take such expenses into account when calculating income tax. Since, in accordance with Article 263 of the Tax Code of the Russian Federation, expenses for passengers’ DS are not provided. Question No. 2. A car was purchased for the management of the company and insurance was taken out. How should the cost of an MTPL policy be reflected in accounting?

The accounting procedure for a joint venture depends on the type of accounting. Info RS SMR for cash/taxation of profits in full is entered into the PR immediately after the contractor transfers funds to the insurer under the DS, if:

Insurance when purchasing equipment on lease

Global experience in legal relationships in leasing shows that when concluding leasing agreements, the lessee assumes the obligation to insure the transportation of leased equipment, its installation and commissioning, and property risks. The need to insure property leased is also noted by the Convention “On International Financial Leasing”, concluded in Ottawa on May 28, 1988. In accordance with paragraph Art. 21 of the Law “On Leasing”:

1. “The subject of leasing may be insured against the risks of loss (destruction), shortage or damage from the moment of delivery of the property by the seller (supplier) until the end of the lease agreement, unless otherwise provided by the agreement.” 2. Insurance of business (financial) risks is carried out by agreement of the parties to the leasing agreement and is not mandatory. 3. The parties performing the duties of the insured and beneficiary, as well as the terms of insurance, are determined by the leasing agreement. 4. The lessee, in cases determined by the legislation of the Russian Federation, must insure its liability for the fulfillment of obligations arising as a result of causing harm to the life, health or property of other persons in the process of using the leased property. It should be emphasized that in this formulation of the Law “On Leasing”, the leased item receives insurance protection from the moment the property is delivered by the seller. This means that if any extraordinary events occur, for example, during transportation, the lessor will not only incur additional costs for restoring the leased asset, but will also not fulfill its obligations to the lessee and will be obliged to pay him the compensation specified in the leasing agreement. Therefore, the lessor is interested in insuring the leased asset also for the period of its transportation. From clause 3 it becomes clear that by the time the leasing agreement comes into force, the corresponding insurance contracts must also come into force (which, in turn, come into force from the moment the insurance premiums are paid).

The law also contains Article 22 “Risks not related to insurance”

: 1. Responsibility for the safety of the leased asset from all types of property damage, as well as for the risks associated with its destruction, loss, damage, theft, premature breakdown, error made during its installation or operation, and other property risks from the moment of actual acceptance the leased item is borne by the lessee, unless otherwise provided by the leasing agreement.
2. The risk of insolvency of the seller (supplier) is borne by the party to the leasing agreement that chose the seller (supplier), unless otherwise provided by the leasing agreement. 3. The risk of non-compliance of the leased item with the purposes of using this item under the leasing agreement is borne by the party that chose the leased item, unless otherwise provided by the leasing agreement. The risks listed in clause 1 of Article 22 belong to the category of classic insurance risks
. There is an apparent contradiction between clause 1 of Article 21 and clause 1 of Article 22, when, on the one hand, “the leased asset can be insured against the risks of loss (destruction), shortage or damage from the moment the property is delivered by the seller until the end of the lease agreement ”and, on the other hand, when “the responsibility for the safety of the leased asset from all types of property damage lies with the lessee,” is easily solvable. The lessee must insure the leased asset against all types of property damage, and the beneficiary under the insurance agreement must be the lessor. Such insurance will significantly reduce the lessor's investment risk. We must not forget about the responsibility of the lessee, for example, for damage that may be caused to the life, health and property of third parties. Insurance of the lessee's liability for causing such damage significantly increases the financial stability of the lessee.

Specifics of insurance of self-propelled vehicles and technical equipment

is that, on the one hand, self-propelled vehicles are quite expensive mechanisms, which, often operating in harsh conditions, are prone to accidents and sudden breakdowns. Typically stored in open areas, they can also be subject to both malicious acts and natural disasters. Hence the need arises to insure self-propelled vehicles and mechanisms against the listed and other risks. Motor vehicle comprehensive insurance rules do not apply here. Insurance of self-propelled vehicles, mechanisms and other types of equipment falls into the category of “technical risk insurance”. Depending on the types of machines and the specifics of their use, they can be insured either individually or in combination, for example, under the following conditions: - rules for insurance of construction machines, mechanisms and mobile equipment; — rules for car insurance against breakdowns; — comprehensive insurance “against all risks” of construction and installation — during the construction of residential, public and industrial buildings, engineering structures, roads, airports, tunnels.

On the other hand, self-propelled machines and mechanisms that move and operate, like cars, on or near public roads, are “sources of increased danger.” Despite the fact that they move independently at low speeds, the potential damage that can be caused by self-propelled machines and technical means can be quite large. This especially applies to lifting mechanisms, construction machines, machines and mechanisms for agriculture, etc. The liability of operators of many types of self-propelled machines, especially lifting, loading and unloading, for excavation work, etc., must be insured on the basis of the Law of the Russian Federation “On Industrial Safety of Hazardous Production Facilities of 1997”. Article 15 “Compulsory liability insurance” is devoted to insurance. for causing harm during the operation of a hazardous production facility: 1. An organization operating a hazardous production facility is obliged to insure liability for damage to life, health or property of other persons and the environment in the event of an accident at a hazardous production facility. 2. The minimum amount of the insurance amount for liability insurance for causing harm to the life, health or property of other persons and the environment in the event of an accident at a hazardous production facility is for: a) a hazardous production facility specified in paragraph 1 of Appendix 1 to this Federal Law, in if on it: - hazardous substances are produced, used, processed, formed, stored, transported, destroyed in quantities equal to or exceeding the quantities specified in Appendix 2 to this Federal Law - seventy thousand minimum wages established legislation of the Russian Federation on the day of conclusion of the liability risk insurance contract; - hazardous substances are obtained, used, processed, formed, stored, transported, destroyed in quantities less than the quantities specified in Appendix 2 to this Federal Law - ten thousand minimum wages established by the legislation of the Russian Federation on the day of concluding the insurance contract risk of liability; b) other hazardous production facility - one thousand minimum wages established by the legislation of the Russian Federation on the day of conclusion of the liability risk insurance contract.” It is clear from the text that most self-propelled vehicles and technical equipment fall under the wording of paragraph b) of Article 15. It is clear that 1000 minimum wage (from 01/01/01 - 100,000 rubles) in most cases cannot cover damage that, for example, can be caused an unsuccessfully turned container lift or excavator. However, nothing prevents enterprises from insuring their liability on a voluntary basis, especially since, according to Decree of the Government of the Russian Federation of May 31, 2000 No. 420, insurance costs in the amount of up to three percent can be attributed to the cost of products (works, services), including up to two percent - for property and liability insurance of enterprises. Voluntary liability insurance for operators of self-propelled vehicles and other mechanisms is carried out on the basis of the rules of third party liability insurance during construction and installation work or on the basis of the rules of civil liability insurance of enterprises.

As an example, it is appropriate to cite the basic conditions of insurance for mobile equipment, on the basis of which the insurance rules of a number of leading Russian insurance companies have been developed. Insurance contracts are concluded in relation to the following property: - Construction equipment; — Additional equipment, i.e. mobile parts of equipment not attached to the main unit, as well as accessories and spare parts for the insured property; — Scaffolding made of steel pipes and metal structures, metal formwork, machines and devices for installing formwork; — Control and laboratory instruments, workshop equipment, radio equipment, fire and security alarm equipment; — Temporary buildings and structures, namely construction barracks, offices, warehouses, workshops, laboratories; — Other movable property, the place of operation of which may change. The insurance does not cover: - Loss or damage to vehicles approved for operation on public roads, floating craft or aircraft; — Equipment of temporary buildings and structures, namely construction barracks, offices, warehouses, workshops and laboratories; — Personnel property; — Basic and auxiliary materials consumed in the production process, such as fuel, chemicals, filters and filter materials, cooling, cleaning and lubricants; — Tools of all kinds, such as drills, jackhammers, knives, teeth, cutting saw blades and grinding discs; — Conveyor belts, sieves, hoses, ropes, belts, brushes, spikes, chains, tracks and cables.

The insurer, however, pays compensation for the parts and components listed in paragraphs 12 and 13 of this paragraph if they were damaged or destroyed along with the main components and assemblies of the equipment. The Insurer indemnifies the Insured for loss or damage to the insured property resulting from: - Direct impact of natural disasters, for example, earthquake, sinkhole, landslide, landslide, flood, inundation, storm, ice movement, except for cases specifically specified in the insurance contract), as well as unusually low temperatures; — Fire, lightning or explosion, as well as when extinguishing fire; — Installation or dismantling of objects; — Carrying out their loading or unloading.

By special agreement of the parties, the following events are recognized as insured events: - Internal breakdowns (including mechanical) that occurred as a result of: - Unavoidable impact on the insured equipment during its intended use; — The influence of low temperatures; — Lack of water, oil, lubricants; — The effects of other similar causes are not considered as insured events and are not covered by insurance. In addition, the insurance does not cover damage from loss or damage to the insured property caused by: - ​​Defects that already existed at the time of concluding the insurance contract, which should have been known to the policyholder or persons responsible for the operation of the insured equipment; — Operation of property that is clearly in need of repair. The insurer, however, will pay compensation to the insured if it is proven that the loss and/or damage is in no way related to the need for repairs, or if the property was previously repaired with the consent of the insurer; - Theft. The insurer, however, will compensate the policyholder for losses associated with damage to property during an attempted theft; — Fire, lightning strike or explosion, or when extinguishing a fire in these cases in relation to the following items: control, laboratory instruments, workshop equipment, radio equipment, fire and security alarm equipment); - Military actions of any kind, civil war, civil unrest, strikes, lockouts, confiscation or other actions of administrative bodies; — Nuclear explosion, radiation or radioactive contamination; — During sea transportation. Only if this is specifically stipulated in the insurance contract, losses incurred as a result of: o Loss or damage to property caused by special rules for operating equipment, namely: - when working on underwater and surface structures; — in areas of rivers, lakes, seas, etc.; — on floating craft and ships or aircraft; — in tunnel or underground work; o Loss or damage to equipment caused by flooding or silt; however, such losses are subject to compensation if they occurred during the transportation covered by insurance.

Insurance territory

is the territory of a country or countries determined by agreement of the parties and specified in the insurance contract. If the insured vehicles are used exclusively for transportation, state roads are not considered part of the insurance territory. The insurance territory may be the premises or part thereof, determined by agreement of the parties and specified in the insurance contract. If destruction and damage to equipment occurred outside the insurance territory, insurance compensation is not paid. The insured amount for each insured object must correspond to its value: - Value means the corresponding list price (new value), including delivery and transportation costs (freight, packaging) and installation. — If the insured object is no longer listed in the price lists, then its value is determined at the latest list price. This price, however, may be adjusted depending on fluctuations in price indices; — If neither the list price nor the selling price can be determined, the basis shall be the costs necessary to manufacture the item of the required design and size. — The costs of rescue and clearing the territory in the event of complete loss of the insured object can be additionally insured by agreement of the parties. — When paying insurance compensation, the insured amount is correspondingly reduced. — When concluding an insurance contract, the policyholder must inform the insurer of all circumstances known to him that are significant for determining the degree of risk in relation to the insured property. The policyholder is also obliged to provide answers to all questions posed by the insurer in order to determine the degree of risk in relation to the insured property. If it is discovered that the information provided by the policyholder does not correspond to reality, in general or in particular, and there is an assumption that the policyholder provided deliberately false information, the insurer has the right to refuse to pay insurance compensation, as well as terminate the insurance contract without observing the established monthly period. In the event of a loss, the amount of insurance compensation is determined by the costs of restoring the insured property, minus the residual value of the damaged property. In case of total loss, the amount of compensation is determined based on the actual value of the insured object minus the residual value. Total loss occurs if replacement costs together with the residual value exceed the actual value of the insured item. If the insurance contract provides for additional insurance for the costs of rescue and clearing the territory, the insurer pays compensation in excess of the actual cost. A partial loss occurs if the insured object is damaged or partially destroyed. The insured object is considered damaged or partially destroyed if the costs necessary to restore it to the condition in which it was immediately before the occurrence of the insured event (restoration costs), including the residual value, do not exceed the cost of the undamaged object, including delivery and transportation costs at the time occurrence of loss (its actual value). Restoration costs include: - costs of spare parts and materials for repairs; — expenses for paying for repair work; — costs of dismantling and re-installation; — transportation costs, as well as expenses for urgent delivery; — costs of salvaging the insured property; - other costs necessary for such restoration. Restoration expenses do not include: - expenses for equipment overhaul, preventive maintenance and other expenses that would be necessary regardless of the occurrence of an insured event; - additional expenses caused by changes or improvements to the insured object, incurred in excess of the costs necessary for restoration; — additional costs caused by temporary or auxiliary repairs or restoration. In the event of loss or damage to motors, bearing drives, tracks, tires, bulldozer and grader blades, excavator buckets of all types, batteries and other parts that are usually subject to repeated replacement during the life of the insured equipment due to their increased wear (wear parts ), appropriate deductions are made from the amount of restoration expenses. The amounts of deductions are calculated based on the cost of these parts immediately before the occurrence of the insured event (actual cost). If damaged parts are replaced, despite the fact that their repair was possible without any threat to the safety of operation of the insured equipment, the insurer will reimburse the policyholder for the cost of repairing these parts, but not more than the cost of replacing them. If entire machine components are replaced, for example, an engine, clutch or other structural elements of the insured equipment, and if they contain, along with damaged parts, undamaged parts, the insurance indemnity is reduced taking into account the cost of the undamaged parts. The insurer does not pay compensation for indirect losses, in particular fines, for amounts of compensation paid to third parties, expenses for temporary replacement or rental of equipment, downtime or loss of marketability. If the insured amount is set in a smaller amount than the actual value of the insured item at the time of the insured event, the amount of loss and expenses are paid in proportion to the ratio of the insured amount and the actual value of the insured item. In case of disagreement on the amount and causes of loss, the insurer and the policyholder have the right to request an examination to determine the amount and causes of losses. In case of disagreement between experts, they select a third expert as the chairman of the expert commission. If two experts cannot reach a consensus on the issue of electing a chairman, the latter is appointed by the Chamber of Commerce and Industry at the place of examination at the request of one of the parties. The commission makes a decision by a majority vote. Compensation can only be paid after the causes and extent of the damage have been fully established. However, at the request of the policyholder and before this, the insurer may pay the unconditionally due amount at that time (advance payment). When filing a claim against the insurer, the policyholder is obliged to provide original documents confirming his interest in the insured property, the cost of the latter, as well as any additional documents, materials, information regarding a specific insured event that the policyholder or his agents have, which the insurer has the right to request from the policyholder any additional information necessary to clarify all the circumstances of the event that resulted in the damage. Final consideration of the claim is possible only after the insured has provided all the necessary documents. After payment of the insurance indemnity, the rights that the policyholder or the person in whose favor the insurance was concluded against the persons responsible for causing the damage are transferred to the insurer, within the limits of the paid amount. Upon the occurrence of an insured event, the policyholder is obliged to: - Immediately, but in any case no later than the period established in the insurance contract from the date of occurrence of the loss, notify the insurer about it in writing; — If possible, take all possible measures to prevent or reduce damage to save the insured property, if circumstances permit, the policyholder is obliged to request instructions from the insurer; — The insurer or its representatives have the right to participate in the rescue and preservation of the insured property, taking and indicating the necessary measures for this, however, these actions of the insurer or its representatives cannot be regarded as recognition of the obligation to pay insurance compensation. If the policyholder prevents this, the insurance compensation is reduced to the extent that this led to an increase in the loss.

Self-propelled vehicles and mechanisms can also be insured on the basis of the terms and conditions of vehicle breakdown insurance, which are also offered by leading Russian insurers. The main feature of these conditions is the expanded scope of insurance coverage, which provides compensation for direct losses from loss and damage to insured property as a result of: - unforeseen breakdowns or defects of insured machines, mechanisms, equipment and tools; — errors or negligence of the policyholder’s personnel or third parties; — ruptures of cables, chains, falling of insured objects and their impact on other objects; — overload, overheating, vibration, disorder, jamming, blockages of mechanisms with foreign objects, changes in pressure inside mechanisms, effects of materials; — water hammer or lack of liquid in boilers and apparatus operating with steam and liquids; - the impact of electricity in the form of a short circuit, overload of the electrical network, voltage drop, atmospheric discharge, including damage resulting from the occurrence of a fire as a result of these phenomena; - explosion of steam boilers, internal combustion engines and other energy sources, provided that only damage caused directly to the named objects in which the explosion occurred is compensated; - breakdown or malfunction of attachments, protective or control devices; - wind, frost, ice drift. The exclusions of their insurance coverage, the procedure for concluding insurance contracts and the relationship between the parties upon the occurrence of an insured event are similar to the conditions for insurance of other technical risks.

According to the terms of third party liability insurance, insurance covers liability for damage caused to the person and property of third parties as a result of accidents during construction, installation and commissioning work. Expenses in connection with causing harm to the person and property of third parties are reimbursed, provided that responsibility for causing harm lies with the person in whose favor the insurance was concluded and if the liability of this person is determined by the legislation of the country, the harm was caused in a direct causal connection with the production of the named work, the accident occurred within the territory of the work being carried out or in the immediate vicinity of it. Exclusions from insurance coverage, the procedure for concluding insurance contracts and the relationship between the parties upon the occurrence of an insured event are similar to the conditions for insurance of other technical risks.

Such insurance may also include, in addition to the main sections of construction and installation insurance, such as insurance of construction and/or installation objects (buildings, industrial and civil structures, roads and railways, airports, etc.), and liability insurance to third parties during construction and installation work, as well as insurance of construction site equipment and construction vehicles, with the exception of those involved in road traffic. A distinctive feature of comprehensive insurance is that the “share” of the cost of each individual block of insurance in the total cost of insurance is significantly lower than when insuring individual risks.

Car insurance accounting

for the current month; Dt 20 (23, 26, 44...) – SP must be included in the expense.

month of the start of the agreement, and the insurance period is not more than a month, Kt 76-1 - the cost of insurance is considered an expense; For DS purchased not on the first day of the month, the amounts to be written off are calculated in proportion to the number of remaining days of the month; Dt-51 - return of part of the joint venture upon termination of the joint venture, Kt 76-1 - receipt of part of the joint venture, taking into account the period of validity of the joint venture in fact. For organizations using leasing (financial lease agreement), a different accounting of transactions is provided. (Understand how to keep accounting records in 72 hours) purchased > 8000 books of Legislative acts , obliging to insure property - no.

But there is a procedure for property insurance, it is provided for. Example 1. Calculations for contributions to insurance must be reflected in Dt 76-1. The paid fee is reflected in advance on the same day: Dt-76-1 Kt 51 – joint venture paid.

Insurance for leasing - costs of insuring leased property

Depending on the agreement, payment for an insured event may be received by: the lessor, the lessee, or the lessor's bank.

• Nuances of insurance of leased property
• Who is the beneficiary of leasing insurance?
• OSAGO and CASCO for a leased car
• Actions in case of damage or loss of leased property
• Accounting costs for insurance of leased property

By concluding a finance lease agreement, the parties seek to minimize risks. Property insurance is a universal tool for solving this problem. When leasing, it has a number of features, which will be discussed in this article.

Nuances of insurance of leased property

Leasing insurance is provided by concluding a separate accompanying contract. Its validity period begins at the time of purchase of the property from the seller, and ends at the same time as the finance lease agreement (unless other conditions are specified in it).

According to Federal Law 164-FZ “On Financial Lease (Leasing),” insurance is not mandatory. However, both sides are interested in it:

• the lessor, since he is the owner of the property during the lease agreement;
• the lessee - due to his responsibility for the item received during the same period.

Insurance of the leased asset by the lessor is a situation that is rightly considered the most common. It is logical, since the party most interested in the safety of property is its owner. However, it also happens differently - the user of the item (lessee) can also act as an insured if the parties to the leasing agreement decide so and write this condition in the document.

Who is the beneficiary of leasing insurance?

The question is not superfluous, since usually the policy owner receives a compensation payment in the event of an insured event. To get the right answer, you need to delve into the very essence of the financial leasing process.

When leasing, the source of insurance premiums are payments made by the lessee. Of course, if for some reason they are terminated, the lessor is forced, as the owner of the item, to repay them from his own funds. However, this situation is not typical and, as a rule, leads to early termination of the finance lease agreement.

Another option is that insurance costs are fully borne by the lessee, and they are not included in the amount of lease payments. But even in this case, the owner of the property will be the beneficiary, since by giving it to the tenant, he is at risk.

Leasing questions and answers

Vladislav Egorov, Mr.

Moscow Our organization received equipment on lease in May, and leasing payments began to be paid from this month. The term of the leasing agreement is 3 years, the right of redemption is provided, the equipment is taken into account on our balance sheet. Now it is accounted for on account 08 and is not yet ready for operation due to the fact that the construction of the structure in which it is supposed to be used has not yet been completed.

What is the procedure for assigning leasing payments to expenses in accounting? At what point can we take them into account - before putting the equipment into operation or after?

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: In accounting, the leased asset, recorded on the balance sheet of the lessee, is a fixed asset.

Upon receipt, you made an entry to the debit of account 08 “Investments in non-current assets” and the credit of account 76 “Settlements with various debtors and creditors”, subaccount “Rental obligations”.

This entry had to be made for the entire amount of payments under the contract minus VAT; ; .

Accounting for expenses and compensation when liquidating a car after an accident

As a result of an accident, the fact of total or constructive loss of the vehicle may be recorded. Constructive loss is said to occur when the cost of restoring the vehicle exceeds 75 percent of the insured value under the CASCO agreement. Constructive loss is equivalent to the complete loss of property.

If an organization waives its rights to a car, payment of compensation in the event of its total or constructive loss is made in the amount of the full insured amount minus depreciation of the car for the period of validity of the contract that elapsed before the insured event (Clause 5 of Article 10 of the Law of the Russian Federation of November 27, 1992 No. 4015 -1 “On the organization of insurance business in the Russian Federation”).

Insurance compensation in accounting is recognized as other income (clause 7 of PBU 9/99), and for profit tax purposes it is taken into account as non-operating income (clause 3 of Article 250 of the Tax Code of the Russian Federation). The date of its receipt is considered to be the date of recognition by the insurance company of the amount of compensation for damage (subclause 4, clause 1, article 271 of the Tax Code of the Russian Federation).

In “1C: Accounting 8”, calculations for insurance compensation for the total or constructive loss of a car are reflected in the same way as the accounting for calculations for funds for car repairs discussed above (see Example 2).

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A car that cannot be restored is written off from accounting and tax records on the basis of an act on the write-off of motor vehicles. The fact of write-off is also noted on the fixed assets inventory card. To stop paying transport tax, the vehicle being written off must be deregistered with the traffic police.

Debit 01.09 “Retirement of fixed assets” Credit 01.01 “Fixed assets in the organization” - the book value of the retiring car was transferred to a separate subaccount; Debit 02.01 “Depreciation of fixed assets accounted for on account 01” Credit 01.09 “Disposal of fixed assets” - accumulated depreciation on a retiring car was transferred to a separate subaccount; Debit 91.02 “Other expenses” Credit 01.09 “Disposal of fixed assets” - the residual value of the disposed car is written off as other expenses.

In tax accounting, the residual value and expenses associated with the decommissioning of a vehicle that cannot be restored are included in non-operating expenses (subclause 8, clause 1, article 265 of the Tax Code of the Russian Federation).

In “1C: Accounting 8”, the write-off of a car from accounting and tax records as a result of total or constructive loss is reflected in the document Write-off of OS (Fig. 5). As an analytical indicator, account 91.02 indicates the item of other income and expenses with the type Income (expenses) associated with the liquidation of fixed assets.

Rice. 5

Accounting and tax accounting of leasing operations

It is from this account that all leasing operations begin. Using the example of Tekhnik LLC and Spusk LLC, we will analyze all the nuances of accounting.

You will find not only postings, but also detailed calculations. Tekhnik LLC received from Spusk LLC under agreement No. 25 dated 01/01/2021 to lease the A187 hydroelectric power station worth 1,296,000 rubles, including VAT 216,000 rubles.

In the accounting of Tekhnik LLC, the accountant will make the following entries under the leasing agreement: Debit 001 - 1,296,000 - equipment is put on off-balance sheet accounting Debit (20, 26, 44 - depending on the purposes for which the leased asset is used) Credit 76 - 30,000 — the monthly lease payment has been accrued (the accountant of Tekhnik LLC will make this entry monthly for three years)

Attribution of comprehensive insurance for leasing

Evgeniy Malyar June 20, 2021 # Nuances of business Depending on the contract, payment for an insured event may be received by: the lessor, the lessee, the lessor's bank.

1. Accounting costs for insurance of leased property
2. Actions in case of damage or loss of leased property
3. OSAGO and CASCO for a leased car
4. Nuances of insurance of leased property
5. Who is the beneficiary of leasing insurance?

By concluding a finance lease agreement, the parties seek to minimize risks.

What are the postings for payment for asset insurance under leasing?

In this case, the entire amount of the advance payment minus VAT in tax accounting is recognized as an expense for profit tax purposes.

The total rental period is 36 months. The monthly payment is 36,000 rubles, including VAT (20%) 6,000 rubles. After three years, the equipment is purchased by Tekhnik LLC, the redemption price is already included in the monthly payments.

Important We would like to note that under the leasing agreement, services are provided throughout the entire contract and the fiscal authorities have no reason to assess compliance with the criteria of paragraph 4, paragraph 2 of Article 40 of the Tax Code of the Russian Federation on the comparability of leasing payments, because

individual payments cannot be considered as separate transactions, and the price under a leasing agreement must be analyzed in aggregate for all payments in the agreement. 2. The advance payment under the leasing agreement is offset in equal payments throughout the entire leasing term. Info In this case, when the property is accepted for accounting, account 76 reflects only the debt for the value of the property.

Leasing payments are accrued monthly on credit 20 of account in correspondence with account 76 in the amount of the difference between accrued depreciation and the amount of the monthly lease payment.

Features of leasing insurance

It is important to consider that in leasing the following may be insured:

• equipment directly leased;
• risk of non-payment of payments.

The first type of insurance is much more common, since the risk of non-payment of lease payments is quite rare, and the parties entering into such legal relations know each other quite well.

Item

The risks against which an item leased under a leasing agreement is insured usually include situations that are usually unfavorable for the safety of the property. The rental item is protected from fire, theft or theft, and damage during operation.

For stationary equipment, the delivery of which is assumed under leasing terms, insurance against damage during transportation, installation, and adjustment work is possible.

Related article: Re-registration of a car without compulsory motor liability insurance

Typically, the lessee is assigned responsibility for the safety of the property during operation. More detailed conditions under which leasing is insured are determined by the agreement concluded by the parties.

Automobile

CASCO or OSAGO for leasing vehicles has the following features:

• insurance premiums are assigned in equal payments and are included among the conditions provided for by leasing;
• CASCO validity period is the entire rental period of the car;
• given the stability of relations between leasing and rental companies, problems with CASCO payments usually do not arise;
• an insured event can be considered without the participation of the leasing organization.

In a situation with CASCO or OSAGO for leasing vehicles, the recipient will not have to worry about finding an insurance company and performing contractual work, since this will be done by the owner of the equipment.

But it is important for the tenant to receive timely information about the insurance conditions so that the choice of contractor is carried out on a competitive basis, without inflating market prices.

Property

Protection against risks associated with loss or damage to leased property is provided through leasing insurance. In this case, the leasing company will be compensated for damages for the property leased.

In turn, the lessee will not have to pay if the rental property is damaged or lost during operation. It is important for the parties to agree on the terms of the policy and the list of insured events in which insurance is expected to be paid.

Postings for leasing a car from the lessee

The use of special modes by legal entities is characterized by its own nuances, for example:

1. when applying UTII, the calculation of tax payable is also carried out according to certain principles, which do not include the deduction from the tax base of the costs of payments under the leasing agreement.
2. when applying the simplified tax system “income”, leasing expenses cannot be written off as a reduction in the tax base in the same way as other expenses for conducting business;

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Further in the material we will talk about accounting for car leasing from legal entities located on OSNO.

We will not touch upon tax accounting issues, since there are some discrepancies in the professional literature and publications due to the fact that the legal issues of leasing accounting in the Russian Federation are not fully regulated. The issues of distinguishing between accounting and tax entries are presented in detail in the articles:

1. ;
2. .
3. ;

In the concluded leasing agreement

Accounting for MTPL and CASCO policies in 1C: Accounting 8

You don't have to be a trucking company or in the trucking business to be faced with the need to account for auto insurance policies. Many organizations require a vehicle to carry out their activities. For example, for the delivery of goods, the purchase of raw materials and supplies, or for the performance of courier services. In this article we will talk about accounting in 1C: Accounting for operations related to car insurance.

After purchasing a car, the first thing a company needs to do is obtain a compulsory motor liability insurance policy, otherwise the traffic police will refuse to register the vehicle. The obligation to obtain a compulsory motor liability insurance policy is enshrined in Article 4 of Federal Law No. 40-FZ of April 25, 2002 “On compulsory civil liability insurance of vehicle owners.”

The CASCO policy is not mandatory, but is voluntary. Due to the fact that compulsory motor liability insurance does not cover the entire cost of damage and payments are provided only to the injured party, many enterprises, in order to avoid risks and additional costs, enter into a voluntary property insurance agreement.

Mutual settlements with insurance companies are reflected in account 76.01.9 “Payments (contributions) for other types of insurance.” As a rule, a vehicle is insured for a period of one year, but car insurance costs in accounting and tax accounting are taken monthly (as RBP).

Let's look at how to carry out operations to record insurance contracts in 1C: Accounting 8. Let's assume that our organization has entered into insurance contracts: compulsory motor liability insurance in the amount of 5,000 rubles, and CASCO in the amount of 50,000 rubles.

How to reflect payment for insurance?

Let's start by transferring funds to the insurance company. To do this, go to the section “Bank and cash desk” – “Bank statements” and create a “Write-off from the current account”. When filling out, select the type of transaction “Other write-off”, debit account – 76.01.9, counterparty – insurance company. Next, you need to correctly fill out the “Future Expenses” reference book.

Accounting for CASCO and OSAGO during leasing

Situation 1. The insurance premium is paid at a time.

In this case, its amount is taken into account in expenses evenly - in proportion to the number of calendar days of the agreement in the reporting (tax) period. Situation 2. The insurance premium is paid in installments (in parts), that is, insurance premiums are paid. If the contract specifies the periods for which insurance premiums are paid, then expenses for each payment are recognized evenly over the period corresponding to the period for payment of premiums (for example, half a year, quarter).

958 of the Civil Code of the Russian Federation, clause 1.16 of the OSAGO Rules, Letter of the Ministry of Finance dated March 18, 2010 N 03-03-06/3/6): - the refunded amount is not taken into account either in income or expenses;

Accounting for expenses and compensation in case of theft (theft) of a car

If the car was insured against theft (theft), then in the event of an insured event, the insurance company must pay the organization insurance compensation in the amount established by the CASCO agreement, but not exceeding the actual (insurable) value of the property (Article 947 of the Tax Code of the Russian Federation).

In “1C: Accounting 8”, calculations for insurance compensation in case of theft (theft) of a car are reflected in the same way as the above-discussed accounting for calculations for funds for car repairs after an accident (see Example 2).

A stolen (stolen) car is subject to write-off from accounting (clause 29 of PBU 6/01), as in the case of an accident, on the basis of a vehicle write-off act. This can be done in the reporting period when the theft occurred based on the inventory, as well as a copy of the resolution to initiate a criminal case. In this case, the residual value, as in the case of an accident, is included in the other expenses of the organization.

For profit tax purposes, the residual value of a stolen (stolen) car is recognized as non-operating expenses, but provided that it was not possible to identify the culprit (subclause 5, clause 2, article 265 of the Tax Code of the Russian Federation).

Thus, the residual value of the car is taken into account as part of the expenses of the reporting (tax) period in which a decision was made to suspend the criminal case on the fact of theft (theft).

To bring accounting and tax accounting closer together, it is recommended to reflect the residual value of the car before assigning it to other expenses as a shortage on account 94 “Losses and shortages from damage to valuables” and, after the suspension of the criminal case, write off as a debit to account 91.02 “Other expenses”.

We will consider writing off a stolen (stolen) car from the register and recognizing expenses in 1C: Accounting 8 using an example.

Example 4

1) The deregistration of a vehicle based on the results of the inventory is reflected using the document Write-off of fixed assets. The form of the document indicates Expense Account - 94 “Shortages and losses from damage to valuables”, Reason - “Theft (theft)”.

2) The write-off of the residual value of account 94 to account 91.02 “Other expenses” is reflected in the document Operation (accounting and tax accounting) (Fig. 6). In the transaction debit analytics, the item of other income and expenses is indicated with the type Income (expenses) associated with the liquidation of fixed assets and a fixed asset item written off from accounting.

Rice. 6

Costs for comprehensive insurance in tax accounting for leasing

Value added tax The amount of VAT presented by the lessor as part of the lease payment is accepted for deduction if there is an invoice from the lessor Organizational income tax For profit tax purposes, lease payments (excluding VAT) are considered other expenses related to production and sales Depreciation deductions produced by the party to the leasing agreement on whose balance sheet the leased asset is located.

If the agreement does not indicate the periods for which contributions are paid, then each payment is distributed over the entire term of the agreement (Letter of the Ministry of Finance dated May 14, 2012 N 03-03-06/1/245). If, upon early termination of the contract, the insurer returns part of the insurance premium to you, then (Art.

In accounting, the cost of the purchased leased property on the date of transfer of ownership is written off from off-balance sheet account 001. For tax accounting purposes, the redemption price is indicated by the parties in the purchase and sale agreement, and it is the amount of expenses for the purchase of a car (as opposed to leasing payments, which are payments for using a car).

Important Therefore, the redemption price forms the initial cost of the car.

Postings from the lessee, if the car is accounted for on its own balance sheet

We invite you to read: Casco theft protection