Advice 1: How to determine the average annual value of fixed assets

The feature of the operation of the basic means is that they transfer their value to the manufactured products gradually, over several production cycles. Therefore, the accounting of fixed assets is reflected so that it was possible to know their initial physical shape and money loss.
How to determine the average annual value of fixed assets
Instruction
1
Before proceeding to the calculation of the average annual value of fixed assets, please note that distinguish them initial, restorative and residual value. The initial cost reflects the level of cost associated with the acquisition or creation of fixed assets. The initial cost in operating a property does not change, except in cases of completion, reconstruction or partial liquidation. The replacement cost corresponds to the cost of acquisition or the creation of similar fixed assets in the market conditions. To determine the replacement cost of the swipe revaluation of fixed assets adjusted for inflation or market prices. Residual value is the initial (replacement) value less depreciation.
2
You have to understand that the calculation of the average annual value of fixed assets is a necessity, due to changes in their physical and money values in the course of the year. The company may purchase new equipment and write off worn out. Therefore, the initial value of fixed assets at the beginning of the year will differ from their initial value at the end of the year, which you can calculate as follows:

With the first (K. G.) = first (n) + intr – SEL, where the first (K. G.) – the initial value of fixed assets at year end; With the first (n) – initial value of fixed assets at the beginning of the year;] the value of fixed assets commissioned during the year; the cost eliminated during the year fixed assets.
3
The average annual value of fixed assets you are able to calculate in multiple ways. The most simple of them is the definition of half-sum of residues of fixed assets at the beginning and end of the year:

With CP = (first (n) + is (CG))/2.

Calculation by this method yields not very accurate results because the input and disposal of fixed assets during the year is uneven.
4
For a more accurate calculation use the following formula:

With SR = first (n) + M1/12 x type – M2/12 x SEL, where M1 and M2 – the number of full months from the time of acquisition (disposal) of fixed assets.
5
The most reliable method is the calculation of the average annual value of fixed assets according to the formula of the average chronological:
With CP = [ (C1 (n m) +S1 (K. m))/2 +(C2 (n m) +C2 (K. m))/2...+(CI (n m) +CI (K. m))/2]/12, where CI (n. m.) – the cost of each fixed asset at the beginning of the month, CI (K. M.) – the cost of each fixed asset at the end of the month.

Advice 2: How to calculate the average value of the property

The average annual value of the property is the tax base for tax on assets owned by the company. The calculation of the average annual value of the property is conducted in accordance with clause 4 of article 376 of the Tax code of the Russian Federation.
How to calculate the average value of the property
You will need
  • Calculator;
  • computer.
Instruction
1
Make a list of the assets listed on the balance sheet. Tax is charged on intangible assets, fixed assets, capital expenditures and reserves of the company. Specify the value of each property. Separately calculate the cost of the depreciable facilities.
2
In the calculation include the residual value of the property which is calculated by subtracting from the initial value amount of depreciation accrued in the accounting. The value of such property as houses, outdoor improvements, dormitories, indicate how the amount of wear. Depreciation is calculated on the basis of Unified norms of depreciation of objects. For capital investments of enterprises come from the balances presented in the sub-accounts of account 08 "Investments in non-current assets: "intangible assets" and "Acquisition of property, plant and equipment". Taxation is not taken into account the value of the property that is subject to a privilege tax.
3
Sum up all value of the property on 1 January of the reporting year and on the first day of the month that follows the reporting period. If the plant is open early in the quarter, summarize the value of the property on the first day of the quarter creating on the first day of the month that follows the reporting period. Divide the sum by 2.
4
Add to the obtained value the value of the property calculated on the first day of each subsequent quarter reporting period.
5
Divide the resulting value by 4 is the number corresponding to the number of quarters in a year. If the enterprise is open to the first catch block, so when calculating the average value of the property for the full quarter reference period of creation. If the company discovered in the second half of the quarter, the calculation of the average annual value of the property is conducted on the first day of the quarter that follows the quarter of creation.

Advice 3: How to find the average annual value of fixed assets

The transfer value of fixed assets on finished goods is carried out for a long time, which may span several production-technological cycles. In this regard, asset accounting is organized so that you can reflect at the same time preserving the original shape and the gradual loss of value. One of the most important indicator is the average annual value of fixed assets.
How to find the average annual value of fixed assets
Instruction
1
Determine the original cost of fixed assets at the beginning of the year. This value reflects the actual expenses for the creation or acquisition of the asset. When calculating this value takes into account the cost of acquisition of equipment or other fixed asset object, the cost of the installation work, the cost of shipping and other costs associated with the introduction of object in operation. Next, you adjusted the original cost by the amount of depreciation for the asset to get the figure at the beginning of the current year.
2
Calculate the value of fixed assets, which were introduced and withdrawn during the year at the company. When the facility is taken into account in the initial cost, and at the conclusion take into account the value adopted in the current month on the balance. Editing the initial value of the asset at the beginning of the year on the value of the input and output OS during the year, receive an initial value at the end of the year.
3
Use the simplified formula for calculating the average value of the OS. You need to add the initial cost at the beginning and end of the year and divide the sum by 2. This calculation gives an approximate result, so often use more complex formula.
4
Consider the month of the input and output of fixed assets when calculating the average value. To do so, adjust the value entered and left the OS on the number of full months that have elapsed since the insertion and introduction of the object, divided by 12.
5
Then fold the initial value at the beginning of the year revised cost of these new OS and subtract from the amount, the new value of the retired asset. However, the most accurate average value can be obtained if to take into account in the calculation of an average value, which is defined as the arithmetic mean value at the beginning and at the end of the month.

Advice 4: How to determine the average value of the property

The basis of the average cost required to determine the property tax. Organizations and private entrepreneurs at the end of the calendar year must submit to the regulatory authority tax returns. According to article 375 of the Tax code of the Russian Federation (TC RF), the average or middle value of immovable property calculated as determined by its tax base. In turn, the calculation of the tax base explained in article 376 of the tax code.
How to determine the average value of the property
You will need
  • - the tax code of the Russian Federation;
  • - financial statements for the year
Instruction
1
To determine the average value of the real property list all real estate owned on the balance sheet of the organization as assets. The average annual value of immovable property calculated for each object. If the organization has separate divisions, the average annual value of immovable property is determined separately for them.
2
In the calculation define the value of the property for the tax period. Those who first taken for the calculation of the average annual value of the property, often confuse the tax period of reporting, which leads to errors. St. 379 NC indicates that the fiscal period is the calendar year (12 months) and the reporting periods are first quarter, first half and nine months of the calendar year.
3
To determine the average value of real property take the residual value of each object contained in the accounting data of the organization. According to Chapter 30 NK the Russian Federation, to determine the average annual value of the property for the tax period must be added the residual value (OS) of each object of immovable property on the first day of each month of the tax period and on the last day of the tax period. Example: average value of property in 2011 will be the value of the property on 1 January, 1 February, 1 March, 1 April, 1 may, 1 Jun, 1 Jul, 1 Aug, 1 Sep, 1 Oct, 1 Nov, 1 Dec and 31 Dec.
4
As a General rule of tax accounting, the number you divide by the number of months in the tax period (because the tax period is a year, then their number is equal to 12) is increased by one. The General formula for calculating the average value of the property as follows:(OS 1 Jan+OC1 Feb+ Mar OC1 + OC1-April, may, OC1, OC1 June, July, OC1, OC1 August September OC1, OC1 Oct, Nov OC1, OC1 Dec and ОС31 Dec) : (12+1)
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