Account 4486 “Status – Accru! expenses” is us! to record tax expenses actually due at the end of the current financial year (financial year N) but for which the corresponding accounting document (e.g. a tax notice) is not receiv! until N+1. This accounting account is part of class 4 “Third-party accounts” of the General Accounting Plan (PCG). In this article! we explain everything about its use! 📖
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Account Description 4486
Account 4486 “Status – Charges payable” is us! to record charges due at the mint data time of closing of the accounting year but for which the corresponding accounting documents (tax notice! etc.) have not yet been receiv! . These charges are diverse and include in particular:
Payroll tax;
The apprenticeship tax;
The social solidarity contribution of companies;
TVS (Company Vehicle Tax);
The CET (Territorial Economic Contribution);
FPC (Continuing Professional Training);
And much more!
⚠️ Attention! Their amount must be estimat! with great certainty .
This account allows you to respect the accounting principle of independence of financial years . It allows you to attach each tax expense to the financial year to which it is link!.
Along with account 4482 “Tax charges on paid leave” or 4487 “Status – Income why is the website not updat! but less visit!? receivable”! account 4486 is a sub-account of account 448 “Status – Expenses payable and income receivable”.
Did you know? Account 4486 is part of the liabilities side of the balance sheet .
Rules associat! with account 4486
Here are the 5 main rules relat! to account 4486 “Status – Accru! expenses”:
1. Accounting record: account 4486 is cr!it! to record the tax charge due but not tongliao phone number list paid at the time of the financial year-end. Upon payment! this account is debit! and account 512 “Bank” is cr!it!.
2. The accounting principle of independence of financial years: account 4486 must comply with this accounting principle! according to which each expense must be attach! to the financial year to which it is link!.
3. The requirement of certainty: the amount of each charge must be determin! with great precision.
4. Specific use: this account is us! to record tax and social charges only. Charges to be paid relating to the company (bank interest! loans! etc.) or to suppliers are record! in other accounts in the Accounting Plan.