ANALYSIS CALCULATION OF DEPRECIATION FIXED ASSETS ACCORDING TO FINANCIAL ACCOUNTING STANDARDS AND TAX LAWS AS WELL AS IMPACT ON TAXABLE INCOME IN PT. MASSINDO SINAR PRATAMA MANADO

Calculation of depreciation fixed assets according to financial accounting standards using five methods: the straight-line method, declining balance method, sum of the years digit method, service hours method, and the unit of productions method. While according to taxation rules just only use two method: the straight-line method and the declining balance method. The differences in the use of depreciation methods according to financial accounting standards and tax rules will result in fiscal correction. According to the depreciation expense is deductible expense for purpose of calculating income tax. The purpose of this study was determine the application of methods of depreciation fixed assets according to financial accounting standards and tax laws as well as impact on taxable income PT. Massindo Sinar Pratama Manado. The analytical method used is descriptive qualitative analysis method. The results showed the application of the method of calculation of depreciation PT. Massindo Sinar Pratama Manado in accordance with the provisions of the tax, but an error in the calculation of depreciation that increase the value of the company taxable income. PT. Massindo Sinar Pratama Manado should be more careful and referring to the tax rules in calculating the value of depreciation due to give effect to net profit before tax (taxable income) of the company, so that it will also to give effect to income tax to be paid by the company. Keywords : depreciation, fixed assets, financial accounting standards, tax rules, taxable income

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IPTEKS PERHITUNGAN PENYUSUTAN AKTIVA TETAP MENURUT STANDAR AKUNTANSI KEUANGAN PADA PT. MASSINDO SINAR PRATAMA MANADO

Jurnal Ipteks Akuntansi Bagi Masyarakat ◽

10.32400/jiam.2.1.2018.19641 ◽

2018 ◽

Vol 2 (1) ◽

Author(s):

Yuvita M. F Goni ◽

Novi Swandari Budiarso

Keyword(s):

Accounting Standards ◽

Balance Method ◽

Financial Accounting ◽

Line Method ◽

Straight Line ◽

Tangible Assets ◽

Fixed Assets ◽

Useful Life ◽

One Year ◽

Straight Line Method

Fixed assets are tangible assets acquired in ready to use or built first, used in the company operations, not intended for sale in the framework of the normal activities of the company and has a useful life more than one year. Depreciation is the process of allocation of the acquisition cost into the applicable cost of deductions in calculating profit. Calculation of depreciation fixed assets according to financial accounting standards using five methods: the straight-line method, declining balance method, sum of the years digit method, service hours method, and the unit of productions method. The purpose of this study was determine the application of methods of depreciation fixed assets according to financial accounting standards in PT. Massindo Sinar Pratama Manado. The applied ipteks method is the calculation of depreciation of fixed assets in accordance with financial accounting standards. The result showed the company uses the straight line method and the declining balance method in calculating depreciation of its fixed assets. PT. Massindo Sinar Pratama Manado should not only perform depreciation calculations in accordance with financial accounting standards but also must be in accordance with the provisions of taxation in order not to need to be done fiscal correction. Keywords : depreciation, fixed assets, financial accounting standards

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ANALISIS PENERAPAN METODE PENYUSUTAN ASET TETAP UNTUK MENGOPTIMALKAN BEBAN PPH TERUTANG PT WELDINGTON INDONESIA PADA TAHUN 2013

Jurnal Akuntansi ◽

10.25170/jara.v12i1.56 ◽

2018 ◽

Vol 12 (1) ◽

pp. 16-28

Author(s):

Priska Patricia ◽

Yuliana Sumadi

Keyword(s):

Income Tax ◽

Balance Method ◽

Fiscal Year ◽

Net Income ◽

Trading Company ◽

Line Method ◽

Straight Line ◽

Fixed Assets ◽

Straight Line Method ◽

Year 2013

PT Weldington Indonesia is a trading company for welding and cutting equipments and accessories (iron materials). The Company applies Straight-Line methodology to capitalize its fixed assets. Under Straight-Line methodology, PT Weldington Indonesia’s 2013’s Net Income and Income Tax, were Rp 2,907,835,195, and Rp 646,955,422, whereas under the Declining-Balance method, the Net Fiscal Income and Income Tax were Rp 2,902,350,988 and Rp 645,735,301. In Fiscal Year 2013, the depreciation expense calculation under Straight-Line method resulted to a lower depreciation value and higher Profit Before Tax, compared to the Declining-Balance method. In conclusion, the 2013 Income Tax was lower under Declining-Balance method compared to Straight-Line method.

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Perbandingan Penggunaan Straight Line Method Dan Double Declining Balance Method Pada Aset PT. Delimas Lestari Jaya

CICES ◽

10.33050/cices.v6i1.870 ◽

2020 ◽

Vol 6 (1) ◽

pp. 1-10

Author(s):

Dina Satriani ◽

Asep Saifudin ◽

Po Abas Sunarya

Keyword(s):

Balance Method ◽

Management Policy ◽

Fixed Asset ◽

Line Method ◽

Straight Line ◽

Fixed Assets ◽

Operational Activities ◽

A Company ◽

Straight Line Method ◽

Depreciation Methods

PT. Delimas Lestari Jaya As one of the companies engaged in general trading and services of construction and Real Estate category. Assets remain instrumental in the operational activities of a company. Therefore, there needs to be appropriate management of fixed assets to be utilized according to the needs of the company. Generate different depreciation loads. Depreciation of fixed assets is calculated since the operation month or the month of fixed asset acquisition. Likewise if using depreciation. The purpose of this research is to know the depreciation of fixed assets according to PSAK No. 16, to determine the value of depreciation of fixed assets when using other depreciation methods, and to determine the company's management policy on the fixed asset treatment it has, and to compare depreciation load result between A straight line method and a declining balance method.

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ANALISIS PENERAPAN PSAK NO. 16 TENTANG ASET TETAP PADA PT. BANK SULUTGO

GOING CONCERN : JURNAL RISET AKUNTANSI ◽

10.32400/gc.13.04.21991.2018 ◽

2018 ◽

Vol 14 (1) ◽

Author(s):

Natalia Punusingon ◽

Harijanto Sabijono ◽

Sintje Rondonuwu

Keyword(s):

Descriptive Analysis ◽

Accounting Standards ◽

Financial Statements ◽

Financial Accounting ◽

Fixed Asset ◽

Accounting Standard ◽

Production Factors ◽

Straight Line ◽

Fixed Assets ◽

Straight Line Method

In an operational company requires production factors to support the company in achieving its objectives. Of the several types of assets, there is one of the most important assets in supporting the company's operations, namely fixed assets. This study aims to find out that the company has implemented a fixed asset accounting policy that is appropriate and based on the Statement of Financial Accounting Standards (PSAK) no.16 in company activities. The method in this study is descriptive analysis method. In carrying out its accounting activities, PT. SulutGo Bank has referred to PSAK No. 16. In practice, companies distinguish types and ways of obtaining fixed assets with cash purchases or by establishing themselves, in depreciating fixed asset companies using the straight-line method and the declining balance method in accordance with applicable Accounting Standards, in terminating fixed assets whose useful lives has expired or is no longer used by removing assets from the register of ownership and releasing them through sales through auction. presentation and disclosure of assets in accordance with the pattern of financial standards and some information disclosed in financial statements. Keywords: fixed assets, SFAS no.16, financial statements, depreciating, financial accounting standard

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ACCOUNT OF NOT REPLACED TENANT'S COSTS FOR IMPROVEMENT OF LEASED LAND BY INTERNATIONAL ACCOUNTING STANDARDS

PROBLEMS AND PROSPECTS OF ECONOMIC AND MANAGEMENT ◽

10.25140/2411-5215-2018-1(13)-206-213 ◽

2018 ◽

Vol 1(13) (1(13)) ◽

pp. 206-213

Author(s):

Vasyl Len ◽

Valentyna Glivenko

Keyword(s):

Accounting Standards ◽

Balance Method ◽

International Accounting ◽

International Accounting Standards ◽

Capital Investments ◽

Straight Line ◽

Fixed Assets ◽

Land Improvement ◽

Accounting Procedure ◽

Straight Line Method

The accounting procedure of the non-reimbursable investments in land improvement, used by a lessee according to the International Accounting Standards, is considered. The expediency of recognition of such capital investments in the structure of fixed assets on the sub-account 118 "Capital expenditures for land improvement at the expense of the lessor" by the types of improvements and by land plots (fields) is proved. It is reasonable to recognize this type of fixed assets by the lessee at prime cost, taking into account benefit reduction. In order to take into account the requirements of the Tax Code of Ukraine and IAS 16 “Fixed Assets”, it is possible to depreciate such improvements by two methods: by straight-line method or by declining balance method. Nevertheless, the accrual of depreciation by declining balance method is economically more expedient.

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Metode Penyusutan Mesin Produksi Dan Pengaruhnya Terhadap Biaya Overhead Pabrik

Gorontalo Accounting Journal ◽

10.32662/gaj.v1i2.394 ◽

2018 ◽

Vol 1 (2) ◽

Author(s):

Wahyudin Hasan ◽

Yopin Lamatenggo

Keyword(s):

Direct Relationship ◽

Accounting Standards ◽

Working Hours ◽

Line Method ◽

Production Processes ◽

Straight Line ◽

Fixed Assets ◽

Future Income ◽

Method Of Production ◽

Straight Line Method

Fixed assets have a direct relationship with production processes such as machinery and factory buildings to generate future income for the company. This study aims to determine the shrinkage of the machine whether it is in accordance with accounting standards and to determine the effect of depreciation on the company's factory overhead costs which are measured using the method of working hours and methods of production.From the results of the study showed that PT Tri Jaya Tangguh still uses a straight-line method whose depreciation value is fixed every year and is not affected by the results / output produced while if using the working hours method and the method of production, the depreciation value will change every period and its depreciation will affect the company's factory overhead costs.

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EVALUASI PERLAKUAN AKUNTANSI ASET TETAP PADA CV SARANA ADI PUTRA PERIODE 2017 s/d 2018

Jurnal Riset Akuntansi ◽

10.34010/jra.v12i1.2796 ◽

2020 ◽

Vol 12 (1) ◽

pp. 95-104

Author(s):

Fany Asmara ◽

Yumniati Agustina

Keyword(s):

Qualitative Methods ◽

Purchase Price ◽

Book Value ◽

Line Method ◽

Straight Line ◽

Fixed Assets ◽

Acquisition Costs ◽

Straight Line Method ◽

Descriptive Qualitative

The purpose of this study is to evaluate the accounting treatment of fixed assets in CV Sarana Adi Putra by using descriptive qualitative methods. This study refers to SAK ETAP Chapter 15 concerning fixed assets that apply in Indonesia. With the evaluation results of this study it can be concluded in terms of recognition of fixed assets are recognized if the fixed assets have been used as operational which is in accordance with SAK ETAP, and the acquisition of fixed assets is not in accordance with SAK ETAP because the company only records the purchase price, and costs incurred are directly charged . In terms of measurement of fixed assets, it is not in accordance with SAK ETAP because there is no policy governing the valuation. In terms of the methods of preparation, the company uses the straight-line method in accordance with SAK ETAP. In terms of the presentation of fixed assets, the company records acquisition costs, depreciation expense, accumulated depreciation, book value in which the accumulated depreciation is reduced according to SAK ETAP. in terms of disclosure of fixed assets, is not in accordance with SAK ETAP because there is no policy governing the disclosure. Keywords: Fixed Assets, SAK ETAP Chapter 15 concerning Fixed Assets

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ANALISIS PERBANDINGAN PENDANAAN ASET TETAP ALTERNATIF LEASING DENGAN PINJAMAN BANK DALAM EFISIENSI PAJAK PENGHASILAN BADAN (STUDI KASUS PADA PT CAHAYA GASDOM)

JIAFE (Jurnal Ilmiah Akuntansi Fakultas Ekonomi) ◽

10.34204/jiafe.v1i2.523 ◽

2015 ◽

Vol 1 (2) ◽

pp. 94-102

Author(s):

Wiwik Budiarti ◽

Fadilah Dian Hidayati

Keyword(s):

Income Tax ◽

Bank Loans ◽

Bank Loan ◽

Corporate Income Tax ◽

Present Value ◽

Straight Line ◽

Fixed Assets ◽

The Difference ◽

Tax Savings ◽

Straight Line Method

The amount of funds that must be prepared is the main reason for the company to chose an external source of funds to finance the procurement of its fixed assets. The fulfillment of funding requirements in the procurement of fixed assets can be done by way of lease (leasing) or by bank loans. Both of these funding sources to help companies without disrupting the operational activities of companies that need capital. This study aims to determine the differences present value cash outflow and how much the efficiency of the corporate income tax on fixed assets financing leasing aternatif with a bank loan in PT Cahaya Gasdom using primary and secondary data. The analytical method that used is a comparative analysis of the present value of cash outflow and efficiency of corporate income tax. Results of the study revealed the fact that (1) Present value cash outflow leasing alternative is less than the bank loans on depreciation using the straight-line method and depreciation using the declining balance method, the difference between the present value of the cash outflow amounted to Rp 46,819,503 and Rp 10,461 .410. (2) Tax savings alternative financing leasing is greater than the alternative of a bank loan, depreciation using the straight-line method and depreciation using the declining balance method, the difference in tax savings amounted to Rp 44,005,075 and Rp 5,771,872.Key words: Financing Fix Asset and Income Tax Efficiency

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ANALISIS PERLAKUAN AKUNTANSI ASET TETAP MENURUT PSAK NO.16 (REVISI 2011) DI RSU PANCARAN KASIH MANADO

ACCOUNTABILITY ◽

10.32400/ja.8408.4.1.2015.12-25 ◽

2015 ◽

Vol 4 (1) ◽

pp. 12

Author(s):

Paulina Amanda Sadondang ◽

Jullie J Sondakh ◽

Novi Swandari Budiarso

Keyword(s):

Financial Accounting ◽

Primary Data ◽

Accounting Standard ◽

Information Tools ◽

Straight Line ◽

Fixed Assets ◽

Operational Activities ◽

The Right ◽

Straight Line Method

Fixed assets has an important role to prop up the course of company operational activities, therefore the right policy of the fixed assets management is needed to maximize the role of the fixed assets. On this situation, accounting policy of the fixed assets as an information tools about fixed assets is really needed by the decision maker.RSU Pancaran Kasih Manado is an institution of Medika GMIM foundation that provided service like a public health facilities. Land, building, vehicle, medical and non medical tools are the fixed assets that owned by company and very important to propped the course of company operational activities.This research aim for analyze the accounting treatment for fixed assets at RSU Pancaran Kasih Manado, whether it has in accordance with the statement of financial accounting standard No. 16 (revised 2011) about fixed assets..The method of research used is descriptive analyze method with the purpose to give an illustration or description about a situation in an objective manner. To compile data necessary, writer used the technique of gathering data like an interview and documentation. The kind of data that used are primary data and secondary data.From the result of research can be deduced that in operated accounting activity, the company has following provisions on PSAK No. 16 (Revised 2011) about fixed assets. On the application, the company distinguish the kind of fixed assets and the achievement method, that is cash purchase, construction, or donation, shrinking the fixed assets used straight line method, halt the fixed assets that is not used, removed the fixed assets from own list and take it off by abrogation and annihilation. But on the disclosure, the company not apply the accounting treatment of fixed assets altogether like that PSAK No. 16 (Revised 2011).

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