Development Of Real Estate Accounting Practice

First, the composition and accounting of development indirect costs. The development indirect costs refer to the expenses incurred by the independent accounting units in the real estate development enterprises in organizing and managing the development of the products at the development site.

Although these costs are also directly incurred for real estate development, they can not be identified as a burden for a development product, so they can not be credited directly to the cost of development products.

In order to simplify the accounting procedure, it is first recorded in the "development indirect charge", and then allocated to the cost of development products according to the appropriate allocation standard.

In order to organize the development of indirect cost accounting, we should analyze the reasons for the increase and decrease of the expenses and further save the expenses. The development indirect expenses should be divided into the following details: l. wages refer to the wages, bonuses and allowances of the administrative, technical, economic and service personnel of the independent management units in the development enterprises.

2. welfare cost refers to the employee welfare cost derived from a certain percentage of the total salary of the preceding person (currently 14%).

3. depreciation fee refers to the depreciation expense of the independent accounting units in the development enterprise, such as houses, equipment and instruments, which belong to the fixed assets.

4. repair cost refers to the repair cost of the independent accounting units in the development enterprise that use fixed assets such as houses, equipment and instruments.

5. office expenses refer to the cost of stationery, paper, printing, post and telecommunications, newspapers and periodicals, meetings, pportation, water heating and coal heating for collective use in the independent accounting units of the development enterprise.

6. water and electricity charges refer to utilities and utilities consumed by the independent accounting units in the development enterprises.

7. labor protection fee refers to the purchase, amortization and repair cost of labor protection articles for the employees of independent accounting units in the development of enterprises, for the purchase cost or subsidy of workers' health care products, heatstroke drinks, washing soap and other items, as well as fuel for staff bathing and drinking water on the construction site.

The amortization of 8. turnover housing refers to the amortization fee that can not be determined for the housing turnover of a certain development project.

9. interest expense refers to the interest expenses and related fees incurred by the development enterprise for the development of real estate borrowing funds but not directly into a development cost.

The interest on the loan after the completion of the development of the product shall be regarded as a financial expense, and the profits and losses of the current period shall be calculated.

10. other expenses refer to other development indirect expenses other than those listed above.

From the above development indirect expenses detailed items, it can be seen that it is different from the cost of land acquisition and demolition compensation, construction and installation fees and so on. It is a relatively fixed cost, and the total cost does not increase or decrease with the increase or decrease of the quantity of development products.

However, as for the cost of unit development, the proportion of product development is increased, and the cost of unit development is reduced. On the contrary, the number of development products is reduced and the cost of unit development is increased.

Therefore, overdeveloping the development task can reduce the development indirect cost in the development cost.

The general classification of indirect costs of development is carried out in the "development indirect expense" account.

The lender of the account of the revolving room, the amortization of the revolving house and the other accounts are pferred to the "development indirect expense" account. The following are the entries: the development of indirect expenses 41600, the loan payable: the payable salary 8000, the payable welfare 1120, the accumulated depreciation 10000, the deferred assets 3500, the bank deposit 8480, the turnover room, the turnover room, the amortization 10500, we must point out that if the development enterprise does not set up the on-site management agency, the enterprise (i.e. the company's Department) sends people to the development site to organize the development activities regularly or unnecessarily, and the expenses incurred will be charged to the management expenses of the enterprises except the circulating housing amortization. The development indirect expenses incurred by the internal independent accounting units of the enterprises are from "PAYABLE wages", "payable welfare benefits", "accumulated depreciation", "deferred assets", "bank deposits", and "

According to the detailed classification and accounting of indirect expenses, the development indirect expense ledger should be set up according to the internal independent accounting units.

Two, development of indirect cost allocation, end of the month, the development of indirect costs should be allocated, according to the actual number of people concerned about the cost of developing products.

Development of indirect cost allocation method, enterprises can be determined according to the characteristics of development and operation.

Development indirect costs should be allocated regardless of development, housing development, supporting facilities and construction projects.

In order to simplify the accounting procedures and prevent duplication of distribution, the development costs of self occupied land and supporting facilities that can not be pferred without compensation are not allocated to development indirect costs.

This part of the development of products should bear the development of indirect costs, which can directly allocate the cost of housing development.

That is to say, the development indirect expenses of independent accounting units within the enterprise can only be allocated for the development of housing, commercial land, compensable pfer facilities and agent construction projects.

開發間接費用的分配標準，可按月份內各項開發產品實際 發生的直接成本（包括土地征用及拆遷補償費或批租地價、前期工程費、基礎設施費、建筑安裝工程費、配套設施費）進行，即： 某項開發產品成本分配的開發間接費＝月份內該項開發產品實際發生的直接成本×本月實際發生的開發間接費用÷應分配開發間接費各開發產品實際發生的直接成本總額 如某房地產開發企業某內部獨立核算單位在1998年5月份共發生了開發間接費用 41 600元，應分配開發間接費各開發產品實際發生的直接成本如下： 開發產品編號名稱　　　　直接成本 101商品房　 　　　　 50 000 102商品房 　　　　　　120 000 151出租房 　75 000 181周轉房 　　 70 000 201大配套設施——商店 　 80 000 301商品性土地　　　　　　125000 合　　　　計 520 000 根據上列公式，即可為各開發產

120000 yuan, 8% yuan = 9600 yuan 151 rental housing: 75000 yuan = xun = yuan yuan 181 turnover housing: Yuan Yuan * = yuan yuan 201 large supporting facilities: Yuan Yuan * = yuan yuan 301 commercial land; yuan yuan, X. = yuan, yuan, 102, and so on. According to the above calculation, we can draw up the development indirect expense allocation chart as shown in figures and tables. Products should be allocated in May, the development of indirect costs: the 101 commercial housing: 50000 yuan x 41600 yuan, 520000 yuan, 50000 yuan = 8% yuan = 4000 yuan 102 commercial housing:

6400 301 commercial land 12500010000, 52000041600, 12500010000, and 52000041600, according to the development indirect cost allocation table, the development indirect cost of the development product cost allocation can be credited to the "development indirect cost" cost item of each development product cost accounting object, and it is credited to the borrowers of the two accounts of the development cost and the credit of the "development indirect expense" account. The following entries are recorded: the development cost, the housing development cost 25200, the development cost, the supporting facilities development cost 6400, the development cost, the commodity land development cost 10000: the development indirect expense 41600