In practice, there are frequent cases when companies using postal delivery recognize revenue early, at the time of transfer of orders to the post office. During the audit, auditors have the right to request from such companies an explanatory note to the annual report, which must disclose the features of early recognition of revenue. All goods returned by customers are tracked from December 31 until the date of issuance of the auditor's report.
The auditors are responsible for checking the online store's order data and then comparing it with the information in the accounting program. This is necessary to identify cases of returns that are not recorded in the trading platform's database.
Working with a large numbe kenya email list of individuals is also associated with other difficulties. For example, inaccurate information about the delivery location or errors in the phone number made delivery difficult and sometimes impossible.
The online store may also make mistakes. When entering information about the sold product, the operator may make mistakes that lead to problems with identifying the buyer.
The work of regularly reconciling data, inventorying the values recorded in each of the accounting accounts, also becomes more complicated. However, careful accounting of all transactions allows you to correctly determine the amount of income and expenses and pay taxes on time.
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Main expenses of an online store
A virtual trading platform has very real expenses, which are largely the same as those incurred by regular stores. You have to spend money on renting a warehouse, paying employees, advertising, and much more. The fundamental difference between an online store is the absence of sales areas and the corresponding savings, but the specifics of online sales imply other expense items.
Website creation
It may be the result of the work of the seller's own employees or specialists working for a company that provides such services. From an accounting point of view, it is interesting to know who owns the exclusive rights to the Internet resource.
If the website was created by employees of the trading platform, it is, according to paragraph 1 of Article 1295 of the Civil Code of the Russian Federation, a service work, and accordingly, exclusive rights belong to the owner of the online store, unless other conditions are specified in the employment contract (paragraph 2 of Article 1295 of the Civil Code of the Russian Federation). When the website was created by another company, the issue of ownership of exclusive rights is regulated by the agreement between the customer and the contractor: they can be retained by the creator of the resource, or they can be transferred to the new owner.
Main expenses of an online store
Exclusive rights to an Internet site are accounted for in accounting as intangible assets, and the cost of creating the site is repaid by accruing depreciation. In most cases, resources manufactured for online trading meet all the necessary conditions for this (clause 3 of PBU 14/2007, clause 1 of Article 256, clause 3 of Article 257 of the Tax Code of the Russian Federation). The organization independently determines the useful life of the site in accounting and tax accounting, but in the latter case, according to clause 2 of Article 258 of the Tax Code of the Russian Federation, clause 26 of PBU 14/2007, it cannot be less than 24 months.
If the owner of the online store does not have exclusive rights to the network resource, the costs for it are immediately written off as expenses or can be taken into account in the composition of expenses of future periods and evenly distributed among the months of the period to which they relate (clause 39 of PBU 14/2007, letter of the Ministry of Finance of Russia dated 12.01.2012 No. 07-02-06/5). In tax accounting, the costs of creating a website in this case are recognized as part of other expenses related to production and sales (subparagraph 26. paragraph 1 of Article 264 of the Tax Code of the Russian Federation).
Internet sites, the production of which cost 100 thousand rubles or less, are taken into account in tax accounting in the same way.