Simplified balance sheet. The procedure for filling out the balance sheet and financial performance report. Balance sheet line codes Criteria for classifying firms as small businesses

Small businesses can submit reports using simplified forms. They are given in Appendix No. 5 to Order of the Ministry of Finance of Russia dated July 2, 2010 No. 66n.

The main criteria for classifying firms as small businesses are the number of employees and the firm’s revenue over the last two years. The number of employees should not exceed 100 people per year, and revenue - 400 million per year (Clause 1, Article 4 of the Federal Law of July 24, 2007 N 209-FZ).

Thus, small businesses can submit financial statements in a simplified manner, namely:

The procedure for filling out a balance sheet in a simplified form

You need to start filling out the balance from the header part, the so-called header. It contains all the same data as in the usual form: name of the company, type of activity, legal form or form of ownership. You can also draw up a simplified balance sheet in thousands or millions of rubles.

In the simplified form of the balance sheet, there are significantly fewer sections and indicators than in the standard form: five indicators in the asset and six in the liability. Their values ​​must be given for three years as of December 31.

The first indicator in the asset of the simplified balance sheet is line 1150 “Tangible non-current assets”. This line of the balance sheet contains information on the residual value of fixed assets, as well as data on unfinished capital investments in fixed assets.

The next line “Intangible, financial and other non-current assets” reflects information on intangible assets, research and development results, exploration assets, profitable investments in tangible assets, deferred tax assets and other non-current assets. This line can combine information from seven regular balance lines at once: 1110, 1120, 1130, 1140, 1160, 1180 and 1190.

Please note: in the enlarged balance lines you must put the code of the indicator that has the largest specific gravity as part of this indicator (clause 5 of Order of the Ministry of Finance of Russia dated July 2, 2010 N 66n).

For example, if in the line “Intangible, financial and other non-current assets” the majority of the total indicators are represented by intangible assets, then it is necessary to enter code 1110, but if the results of research and development - then 1120.

How to fill out each of the lines of the simplified balance sheet is written in the section dedicated to the regular balance sheet, so here and further we will not review filling out these lines.

The next two lines: “Inventories”, “Cash and cash equivalents” both by name and line codes correspond to lines 1210 and 1250 of the standard balance sheet.

Next is the line “Financial and other current assets”. It is intended to reflect information about current assets, with the exception of inventories, cash and cash equivalents. It reflects accounts receivable from customers, VAT amounts on purchased assets, cash and short-term financial investments (with a maturity not exceeding 12 months), as well as other current assets of the company.

Depending on the materiality of the indicator, this line may be assigned one of the codes: 1220 “VAT on acquired assets”, 1230 “Accounts receivable”, 1240 “Financial investments (except for cash equivalents)”, 1260 “Other current assets”.

In the last line of the balance sheet asset - 1600 "Balance" - enter the total amount of all balance sheet asset items.

The simplified balance sheet liability consists of six lines. The first line “Capital and reserves” indicates the aggregate data reflected in section. III "Capital and reserves" of the usual form of balance sheet.

The next two lines reflect information about long-term liabilities. Line 1410 “Long-term borrowed funds” indicates information about loans and borrowings whose repayment period exceeds 12 months.

In the last line of the liability balance 1700 "Balance" indicate the amount of all liability items.

If your company needs clarification of some balance sheet and financial statement indicators financial results, then you also need to make explanations for them. They need to provide only the most important information, without which it is impossible to evaluate financial condition your company. As financiers indicated in the Information " Accounting statements small businesses", it is advisable to indicate in the explanations, for example:

Provisions of accounting policies that are necessary to explain the procedure for preparing the balance sheet and income statement (what method of accounting for income and expenses the company uses; whether deferred income tax is taken into account along with current tax, facts of prospective changes in accounting policies or prospective restatements when correcting significant errors etc.);

Data on significant facts of economic life that are not disclosed by the balance sheet and financial performance statements. This may be information about significant transactions with owners (founders), such as accruals and payments of dividends, contributions to authorized capital etc.

Please note: small companies have the right, as before, to submit accounting (financial) statements in the usual forms. In this case, it is necessary to comply with the general requirements for accounting statements, which are established by PBU 4/99 “Accounting statements of an organization.”

Submission of simplified reporting forms is a right, not an obligation of firms. It is better to consolidate your decision in the accounting policy.

Example. Filling out the balance sheet

The LLC, registered in 2015, applies a simplified taxation system. Register indicators accounting as of December 31, 2015 are shown in the table.

Table

Balances (Kt - credit, Dt - debit) on accounts
accounting as of December 31, 2015

Based on the available data, the accountant compiled balance sheet for 2015 in a simplified form:

Since the company was registered in 2015, in the last two columns of each balance sheet form there are dashes instead of indicators.

We will give explanations on filling out balance lines.

Assets

Indicator lines 1110 The accountant defined “intangible assets” as follows: the credit balance of the account is subtracted from the debit balance of the account.

In total we get 96,660 rubles. (RUB 100,000 - RUB 3,340). All values ​​on the balance sheet are in whole thousands, so line 1110 shows 97.

Indicator lines 1150“Fixed assets” is defined as follows: debit account balance - account credit balance. Result - 579,960 rubles. (RUB 600,000 - RUB 20,040). 580 is recorded in the balance.

IN line 1170“Financial investments” the debit balance of the account is entered - 150 thousand rubles. (that is, it is considered that all investments are long-term).

Total for summary line 1100: 827 thousand rubles. (97 thousand rubles (line 1110) + 580 thousand rubles (line 1150) + 150 thousand rubles (line 1170)).

Now it’s the turn of current assets. The value of line 1210 "Inventories" is defined as follows: debit account balance + debit account balance. Result - 107 thousand rubles. (17 thousand rubles + 90 thousand rubles).

Indicator lines 1220“Value added tax on acquired assets” is equal to the debit balance of the account, so the accountant added 6 thousand rubles to the balance sheet.

Indicator lines 1250"Cash and cash equivalents" is found by adding the debit account balance and the debit account balance. Result - 265 thousand rubles. (15 thousand rubles + 250 thousand rubles). The line contains 265.

Summary result line 1200: 378 thousand rubles. (107 thousand rubles (line 1210) + 6 thousand rubles (line 1220) + 265 thousand rubles (line 1250)).

According to the final line 1600 the sum of the indicators of lines 1100 and 1200 is shown. That is, 1205 thousand rubles. (827 thousand rubles + 378 thousand rubles).

The remaining lines of column 4 are filled with dashes.

Thus, in a simplified balance sheet:

The cost of fixed assets is 580 thousand rubles. The accountant reflected it under the item “Tangible non-current assets”. The specified line code is 1150.

Intangible assets (97 thousand rubles) are shown in the line “Intangible, financial and other non-current assets”. This also includes financial investments (the accountant considered that they are all long-term) in the amount of 150 thousand rubles. The final line indicator is 247 thousand rubles. (97 thousand rubles + 150 thousand rubles). Since the specific gravity financial investments in the indicator is more than a share intangible assets, the line code was set to 1170 (for the indicator “Financial investments”).

The “Inventories” line contains the same indicator that the accountant calculated for the general balance sheet form, since the rules for calculating and filling out this line are the same. That is, 107 thousand rubles are reflected in this line. And the code was set to 1210.

The line “Cash and cash equivalents” includes only cash in the amount of 265 thousand rubles. The line code is 1250.

Of the current assets that were not reflected in the above balance sheet lines, the value added tax remained, so the accountant entered its amount (6 thousand rubles) in the line “Financial and other current assets” (line code - 1260).

The final indicator of the asset division (line 1600) is equal to the sum of completed lines 1150, 1170, 1210, 1250 and 1260.

Passive

And now the balance sheet liability. The authorized and reserve capital, as well as retained earnings, are reflected in one line “Capital and reserves”. The line amount is 210 thousand rubles. (50 thousand rubles + 10 thousand rubles + 150 thousand rubles). The line code is assigned to the indicator that has the largest share in the aggregated indicator. This is retained earnings. Therefore the line code is 1370.

account credit balance + account credit balance + account credit balance + account credit balance. Result - 995 thousand rubles. (150 thousand rubles + 506 thousand rubles + 89 thousand rubles + 250 thousand rubles).

In the remaining lines of column 3 of the liability there are dashes, since there are no indicators to fill out. In column 2 it is permissible to do the same. Or you can specify the code corresponding to the indicator, which is what the accountant did.

The total indicator of the liability section (line 1700) is equal to the sum of lines 1370 and 1520.

Let's compare the indicators of lines 1600 and 1700. In both lines the value is 1205 thousand rubles. The balance is correct, which means the form can be considered filled out correctly.

Specialists from the Russian Ministry of Finance have issued clarifications that will be useful to accountants of non-profit organizations when preparing financial statements for 2011 (information letter No. PZ-1/2011). Four years ago, financiers issued similar recommendations. But during this time, accounting legislation has undergone changes, which led to the emergence of new explanations.

What we take into account

Financiers reminded non-profit organizations what documents should be used to guide the preparation of financial statements. First of all, this Federal law dated November 21, 1996 No. 129-FZ “On Accounting” (hereinafter referred to as the Law on Accounting).

You should also be guided by:

Regulations on accounting and financial reporting in Russian Federation, approved by order of the Ministry of Finance of Russia dated July 29, 1998 No. 34n (hereinafter referred to as Regulation No. 34n);

PBU 4/99 “Accounting statements of organizations”, approved by order of the Ministry of Finance of Russia dated 07/06/99 No. 43n;

Chart of accounts for financial accounting economic activity organizations approved by order of the Ministry of Finance of Russia dated October 31, 2000 No. 94n.

Please note that changes have been made to these documents that must be taken into account when preparing reports for 2011 (orders of the Ministry of Finance of Russia dated November 8, 2010 No. 142n, dated October 25, 2010 No. 132n and dated December 24, 2010 No. 186n).

In previous explanations given by financiers to non-profit organizations in the information letter dated January 1, 2007 No. PZ-1/2007 (hereinafter referred to as Recommendations No. PZ-1/2007), specialists from the Russian Ministry of Finance also recommended using the above-mentioned documents (with the exception of the order of the Russian Ministry of Finance dated July 29. 98 No. 34n, which at that time contained many outdated provisions).

In addition, you need to remember that starting from the reporting for 2011, the forms of financial statements have been changed. Now they have been approved by Order of the Ministry of Finance of Russia dated July 2, 2010 No. 66n “On the forms of financial statements of organizations” (hereinafter referred to as Order No. 66n).

Composition of reporting

Non-profit organizations are given the right not to disclose certain indicators in their financial statements.

Thus, they are not required to disclose information about the presence and changes in the authorized capital, reserve capital and other components of the organization’s capital. Also, non-profit organizations are allowed not to submit a cash flow statement (clause 85 of Regulation No. 34n). If the company decides to generate such a report, it must follow the norms of the new PBU 23/2011 “Cash Flow Report”, approved by Order of the Ministry of Finance of Russia dated 02.02.2011 No. 11n.

As for the form of the report on the intended use of the funds received, it must be used only by public organizations (associations) and their structural divisions that do not carry out entrepreneurial activities and, apart from disposed property, do not have turnover in the sale of goods (works, services). But what about other non-profit organizations?

The answer to this question is contained in clause 4 of order No. 66n. This norm states that for other non-profit organizations this form is recommended and is used when creating appropriate explanations for the balance sheet. But, in our opinion, it is still better to prepare this report for all non-profit organizations, thereby meeting the requirements for the reliability of financial statements. Let us note that in previous Recommendations No. PZ-1/2007, specialists from the Russian Ministry of Finance adhered to precisely this point of view.

Regarding public organizations(associations) and their structural divisions that do not carry out entrepreneurial activities and, apart from disposed property, do not have turnover in the sale of goods (works, services), it should be noted that they submit financial statements only once a year and they include:

Profit and Loss Statement;

Report on the intended use of property (clause 4 of article 15 of the Accounting Law).

Other non-profit organizations submit reports in the generally established manner: quarterly - within 30 days after the end of the quarter, annual - within 90 days after the end of the year.

When preparing reports, it is necessary to remember that non-profit organizations independently determine the details of the balance sheet and profit and loss statements, as well as the content of the explanations (clauses 3 and 4 of Order No. 66n).

As before, when forming financial reporting indicators, a non-profit organization must proceed from the requirements of materiality. In this case, the criteria for the materiality of a particular indicator, taking into account its assessment, nature, and specific circumstances of the organization’s emergence, are determined independently.

In information letter No. PZ-1/2011, specialists from the Russian Ministry of Finance examined the features of the formation by non-profit organizations of balance sheet indicators, profit and loss statements, as well as a report on the intended use of funds received, taking into account the requirements of current legislation.

Non-profit organizations reflect in the income statement the income due (received) by them from the provision for a fee for temporary possession and (or) use of real estate, income from the sale of assets, and other income related to entrepreneurial and other statutory activities.

If a non-profit organization forms endowment capital, then it discloses income from the use of property constituting endowment capital and placed by the non-profit organization independently and through trustees.

Depending on the significance, the above-mentioned income is reflected in the form of separate items in the income statement or included in the item “Other income”.

In the profit and loss statement, a non-profit organization must disclose the costs associated with the trust management of property constituting the endowment capital, and the remuneration of the management company, carried out from income from the endowment capital in accordance with the legislation of the Russian Federation. Just like income, these expenses, depending on their significance, are reflected in the form of separate items in the income statement or included in the item “Other expenses”.

The amount of net profit of the reporting year is written off by the non-profit organization with the final turnover of December to the credit of account 86 “Targeted financing” in correspondence with account 99 “Profits and losses”. In the balance sheet, it is reflected in Section III “Targeted Financing” under the group of items “Targeted Funds”, and in the report on the intended use of funds received under the item “Profit from the business activities of the organization.”

The amount of net loss is reflected in a similar manner, with the only difference being that it is written off as a debit to account 86, and in the report on the intended use of funds received, this loss is shown as part of the funds used under the item “Other”, highlighting, if significant, a separate item “ Losses from the organization’s business activities.”

As for the report on the intended use of the funds received, the recommendations of the Russian Ministry of Finance for its formation practically remained the same. In the new clarifications, financiers clarified that the article “Expenses related to wages (including accruals)” includes changes during the reporting period in the amount of estimated liabilities:

On paid vacations of the employee;

For employee benefits in the form of incentive payments (end-of-year remuneration, bonuses, bonuses, etc.), in the form of severance pay and other payments upon termination employment contract;

To ensure employee benefits after termination of an employment contract with the organization in the form of pensions, insurance and other payments, etc.

And the last point that non-profit organizations should pay attention to when preparing financial statements. It applies to those companies that discovered significant errors in previous reporting periods and corrected them in 2011 or made changes to their accounting policies. Such information is disclosed in Table 2 “Adjustments due to changes in accounting policies and corrections of errors” in the statement of capital flows. Moreover, instead of the indicators “Capital” and “Retained earnings (uncovered loss)” of the specified table, the non-profit organization includes the indicators “Targeted financing” and “Targeted funds”, respectively.

The simplified taxation system is special mode, possible for use among small and medium-sized businesses and exempt from paying a number of taxes.

Who works on the simplified tax system in 2018

The application of a simplified regime by organizations and individual entrepreneurs is possible in the case when a number of requirements:

The transition to a simplified taxation regime is possible after submitting an application to the Federal Tax Service: within 30 days from the moment of termination of activity with payment of UTII and until the end of the current year in other cases.

In addition, you should summarize the income received for the first 3 quarters of the current year: they should be no more than a fixed amount of 112500000 rubles. Until 2017, the limit was calculated as multiplying the deflator coefficient by the income limit established for the previous period. Since the beginning of 2017 The deflator must be frozen, and from 2020 it will be equal to one.

In case of failure to comply with any requirement, the business entity loses the right application of the simplified tax system and is obliged to switch to the general taxation regime from the beginning of the quarter in which the violation occurred.

The balance sheet, as one of the reporting forms of the simplified regime, must be submitted to the Federal Tax Service and the Rosstat body until April 1 of next year. Failure to submit the reporting form is fraught with administrative liability: fine 200 rubles for an overdue document for tax and up to 5000 rubles for statistical authorities.

A distinctive feature of the simplified balance is reflection financial information enlarged: Each row contains the aggregate information of an entire group of items. Rounded values ​​are indicated in thousands or millions of rubles.

The balance formed by the simplifier contains two sections– active and passive articles. Assets characterizes the subject’s property, its composition and value. Passive in turn, reveals the sources through which the property was acquired. An indispensable condition is equality of assets and liabilities.

The document is formed on an accrual basis as of the reporting date in dynamic comparison with data from similar periods of previous years: the 2018 balance sheet will contain information as of the end of the current year, December 31, 2017 and 2016.

Before drawing up form 0710001, it is necessary to close (reform) accounts 90, 91 and 99 with the formation of a final balance, which will subsequently serve as the basis for the balance sheet.

Line codes and their decoding

The balance sheet reporting form provides column "Code", filled out based on the data of Order No. 66n. It is necessary to indicate the code of the indicator that has the largest share of the group of articles. Reporting form 0710001 is divided into lines:

Step by step filling

Let's look at the algorithm for creating a balance sheet using the example of Uproshchenets LLC. The organization has been operating since January 1, 2017 and applies the simplified tax system. In the process of preparing financial statements for 2017, the company’s accountant must make next steps.

Create a balance sheet as of December 31, 2017; account balances are to be posted across balance sheet lines.

Based on balances balance sheet determine asset performance taking into account following rules:

• line 1150 is defined as the difference between the value non-current assets and depreciation accrued on them: Dt 01 - Kt 02 = 580 thousand rubles;
• line 1170 includes the amount of intangible assets minus depreciation and the amount of financial investments: (Dt 04 - Kt 05) + Dt 58 = 247 thousand rubles;
• line 1210. Costs should be reflected in it material assets enterprise and produced finished products: Dt 10 + Dt 43 = 107 thousand rubles;
• line 1230 contains the amount of VAT paid when purchasing goods, works, services from the supplier: Dt 19 = 6 thousand rubles;
• line 1250 is formed by summing the funds at the cash desk and in current bank accounts: Dt 50 + Dt 51 = 265 thousand rubles;
• line 1600, according to which the book value of current and non-current assets amounted to 1205 thousand rubles;

Determination of indicators of the passive section of the balance sheet:

• line 1370 includes the amount of authorized and reserve capital, as well as the organization’s retained earnings: Kt 80 + Kt 82 + Kt 84 = 210 thousand rubles. (the line code is determined by the indicator that has the largest share in the group of items - retained earnings);
• line 1520 contains the remaining account balances - the amount of accounts payable to suppliers and employees, advances received from customers, as well as obligations to pay insurance premiums: Kt 60 + Kt 62/advances + Kt 69 + Kt 70 = 995 thousand rubles;

Comparison of data in lines 1600 and 1700: the asset and liability of Uproshchenets LLC is equal to 1205 thousand rubles, which means the balance is correct.

Since Uproshchenets LLC was registered in 2017, the balance sheet columns for the previous 2 years will not be filled in. Empty cells should be filled with dashes. Subsequently, when filling out these columns, the data should be taken from previous reporting forms adopted by regulatory authorities.

The simplified balance sheet visually looks like this:

Zero balance

Temporary suspension of activities does not release the enterprise from the obligation to provide financial statements. To Rosstat and territorial tax office must be provided . Otherwise, regulatory authorities have the right to apply sanctions to the debtor in the form of penalties and blocking of a bank account.

It should be noted that the balance cannot be zero even if activities are stopped. At a minimum, it reflects the authorized capital of the organization in lines 1300 of liabilities and 1250 of assets. If for some reason it is not contributed by the founders, then the assets of the balance sheet reflect the receivables of the founders on line 1230. The remaining lines are entered dashes.

Even if they operate under the rules of a special regime, entities are not required to use simplified forms for reporting. In addition to the balance sheet and income statement, they have the right to draw up other documents in the form of appendices and explanations, if this method of reflecting information is more convenient.

How to prepare reports for the simplified tax system in 1C - in this video.

PBU 4/99, notes 1, 2 in Appendix No. 5 to Order of the Ministry of Finance of Russia dated July 2, 2010 No. 66n). Non-profit organizations that have the right to use simplified accounting methods, including simplified accounting statements (clause 6.1 of Order of the Ministry of Finance of Russia dated July 2, 2010 N 66n) can generate a Report on the intended use of funds in a simplified form. Line 6100 “Balance of funds at the beginning of the reporting year” of the simplified form of the Report on the targeted use of funds This line provides data on the balance of funds for targeted financing at the beginning of the reporting year (clause 27 of Information of the Ministry of Finance of Russia PZ-1/2011). Section “Received funds” of the simplified form of the Report on the targeted use of funds This section provides information on the receipt of funds for targeted financing (clause 27 of Information of the Ministry of Finance of Russia PZ-1/2011).

Procedure for filling out reports

For example, a balance sheet prepared by an enterprise for 2017 should contain data as of December 31, 2017, December 31, 2016 and December 31, 2015. The financial results report for the year must contain information on income and expenses that were recognized in the company’s accounting in the reporting and previous year (Read also the article ⇒ Procedure for preparing financial statements). All last year's information is taken from last year's reports.
And for indicators for the current year, information is taken from sources such as:

• The balance sheet for the organization as a whole for the reporting year;
• Indicators of accrued interest on credits (loans) for the reporting year.

If there is no data to fill out any balance line, it is not filled in and a dash is placed. The line code that is indicated in the simplified balance sheet can be found in Appendix 4 to Order of the Ministry of Finance 66n.

An example of filling out a simplified balance sheet for a simplified tax system

In the composition of the received funds, in particular, the following are shown: entrance (share) and membership fees, voluntary contributions from investors, targeted contributions for the acquisition (creation) of non-current assets, financial support for the implementation of target programs provided for by the NPO budget, donations in the form of cash and in kind, other receipts (clause 28 of Information of the Ministry of Finance of Russia PZ-1/2011). In a simplified form of the Report on the targeted use of funds, all received funds for targeted financing are shown with the division: - for contributions and other targeted receipts; — profit from income-generating activities; - other income.

How to fill out a simplified form of a report on the intended use of funds

Attention

Old “profitable” errors can sometimes be corrected in the current period. If an organization discovers that in one of the previous reporting (tax) periods an error was made when calculating income tax, it can be corrected in the current period only if two conditions are met.< … Сдача СЗВ-М на директора-учредителя: ПФР определился Pension fund finally put an end to the debate about the need to submit the SZV-M form in relation to the manager who is the only founder. So, for such persons you need to take both SZV-M and SZV-STAZH!< …

Balance lines 2017: decoding

When paying the minimum tax, the indicator is indicated on line 280 of section 2.2 of the declaration according to the simplified tax system. · If the organization is on UTII, then the amount of UTII for all quarters is indicated. The indicator is indicated in brackets, no minus sign is used. 2400 “Net profit (loss)” Calculate the value as follows: line 2110 – line 2120 – line 2330 + line 2340 – line 2350 – line 2410 If the result obtained for “Net profit (loss)” comes out with a minus sign, then it must be written down in the report , taken in brackets, the minus is not indicated. If the resulting value is positive, then there is no need to put it in brackets.

Legislative framework Legislative act Contents Order of the Ministry of Finance No. 66n dated 07/02/2010 “On the forms of financial statements of an organization” PBU 4/99 “Accounting statements of organizations” Evaluate the quality of the article.

An example of filling out a balance sheet for 2016 in a simplified form

The code of the indicator that has the greatest share or completely forms the indicator of the line “Contributions and other targeted receipts” is determined in accordance with Appendix No. 4 to Order of the Ministry of Finance of Russia dated July 2, 2010 No. 66n. When filling out this line, information on credit turnover for the reporting year in account 86 (analytical accounting accounts) is used: - entrance fees; — membership fees; — targeted contributions; — voluntary contributions; - donations. Line “Contributions and other targeted receipts” = Credit turnover on account 86 (analytical accounts for accounting: entrance, membership, targeted, voluntary contributions and donations) The indicator of the line “Contributions and other targeted receipts” for the same reporting period of the previous year is generally transferred from the Report on the intended use of funds for a given period.

The procedure for filling out the balance sheet in a simplified form. example

Important

For firms engaged in common activities such as trade, transportation or construction, a light version of the form reflects the results financial activities quite complete. Do I need to report to individual entrepreneurs using a simplified form? Not necessarily, but if you wish, you can prepare reports in any form based on the data in the income (and expenses) ledger. Is it possible for NPOs to report in a simplified manner? Yes, instead of a report on financial results, NPOs fill out a simplified report on the use of targeted funds.

Line code for target funds in a simplified balance sheet

Simplified accounting and reporting are not related to taxation. It can be conducted by companies both using the simplified tax system and other modes, including the general one. This opportunity is provided to small businesses, non-profit organizations (except for foreign agents) and Skolkovo participants.
In the article we will answer the question of whether it is necessary to submit the balance sheet of an LLC under the simplified tax system in 2018, as well as individual entrepreneurs and non-profit organizations. Small businesses, according to Federal Law No. 209 dated July 24, 2007, in 2017 included organizations and individual entrepreneurs with a staff of up to 100 people and revenue excluding VAT of up to 800 million rubles. In this case, the organizational and legal form can be:

These rules do not apply to joint stock companies and they do not have the right to apply simplified accounting. And individual entrepreneurs are allowed not to keep accounting records at all and not submit any financial reports (Article 6 No. 402-FZ).
You can immediately issue an explanatory note about the reasons for their occurrence. Enterprises and individual entrepreneurs using the simplified regime are not required to compile it in full. Losses can be explained by writing off overdue receivables, etc.

Tax officials can also clarify your intentions to correct the situation. We remind you that an organization can switch to a simplified system by sending a notification about this to the Tax Office. A sample of filling out a notification about the transition to the simplified tax system from 2018 for individual entrepreneurs, given in the article on our portal, will help you do this.

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