How to reflect the authorized capital

According to the legislation, the authorized capital is the initial contribution of investors to conduct their authorized activities. The first task in organizing accounting in an organization is to reflect the authorized capital in the initial balance sheet and constituent documents of a legal entity.

Instruction manual

1

Indicate in the constituent documents that correspond to the type of legal entity being formed (Charter, constituent agreement) the nominal amount of the authorized capital in rubles. If contributions are made in the form of property worth more than 200 minimum wages, an independent appraiser is required to confirm the value of the property.

2

In the balance sheet should reflect the authorized capital in accordance with the Charter in line 410 of the liability. When registering a limited liability company, the Federal Tax Service requires that the authorized capital be paid at least 50%, JSC - paid at 50% within 3 months after registration, and in full during the year.

3

If the payment of the contribution is made in money, it is executed by the posting "Debit 50 (51) - Credit 75". The debt of co-owners on contributions to the authorized capital is made out by posting the type "Debit 75 - Credit 80", i.e. as receivables.

4

When making fixed assets as a contribution, use account 08 ("Non-current assets"), and not 01 ("Fixed assets"), because the founders pay not only the value of the property, but also all expenses associated with putting it into operation, valuation, registration, etc.

5

Make a payment for the share with raw materials and materials by posting "Debit 10 - Credit 75" if you decide to take into account materials at cost, or by posting "Debit 10 - Credit 76" if you decide to include all the additional costs (customs duties, insurance, transportation). Such decisions are made when approving the accounting policies of the company.

6

If the founder, for his own reasons, during the year does not fully pay his share, the company should:

- return the contributed part of the share to the non-paying founder;

- distribute among other co-owners or sell its share to third parties ("Debit 75 - Credit 81").

Accounting of authorized capital, how to reflect it in accounting