Accounting Of Taxation

Accounting Of Taxation

Tax accounting as set out in Taxation is a lex specialis for the purpose perpajakan.1
In general, all the tax rules do not regulate the procedure and rules to comply with general accounting policies in accordance with accounting pnsip Pnsip ditema-general. This is explicitly stated in the explanation of Ps-28 clause (7) CTP. Bookkeeping should be organized in a way or system that is commonly used in, for example: by the Financial Accounting Standards, Statutory Regulations unless otherwise Taxation.

Accounting accounting general taxation compared:

1. Going Concern: The concept of business sustainability as fundamental accounting pnsip also adopted in accounting taxation. Imposition of property through depreciation and fiscal loss compensation is a form of da pnsip business continuity.

2. Beat substance Shape:
In accordance with the CTP that holding books be in good faith and represent the real situation.

3. Neutral is not:
Aiming for tax purposes which can be calculated the amount of tax payable, whether income tax, VAT and other taxes.

4. Obey Pnsip principle:
Pnsip pnsip obey the same principle is used in the method of accounting with previous years, in order to prevent the shifting of profit / loss.


The principle of abiding principle in the method of accounting for example in the application of
a. Stelsel recognition of revenue;
b. Year of Books:
c. Inventory Valuation Methods;
d. Methods Depreciation and Amortization.

`Explanation paragraph (6) CTP explained that essentially bookkeeping methods adopted should be consistent, that should be the same as in previous years, for example in the use of methods of recognition of income and expenses (cash or accrual method), the method of depreciation of fixed assets, sebagainnya inventory and assessment methods. However, the change in accounting method is made possible with the terms approved da DJP before the start of the financial year in question by presenting logical reasons and can ditema and the consequences that may arise da changes.

Changes in accounting methods would result in a change in pnsip abiding principle to include peruhan da cash to the accrual method or vice versa. Changes in methods of recognition of income or expense recognition that joint. For example, the method of confession costs related to depreciation of fixed assets depreciation using certain.

Example:
WP in th 2002 Straight Gas depreciation method (straight line method). In the years 2003 WP intends to change the method of depreciation using the declining balance depreciation method (declining balance method).
For this purpose, the WP must get prior approval to the DGT filed before the start of th 2003 book stating the reasons for the revision of the depreciation method and effect da changes.

In addition, changes peode th book also entails changes in the amount of income or loss WP therefore these changes must also be approved by the DGT.

Tax Year: is equal to th calendar (old calendar), except WP using th book is not the same as the old calendar. If WP using th book is not the same as the old calendar, the mention of th related tax using th which includes the first 6 months or so.