A Company’s Profit And Loss Accounting Improvement And Tax Planning Research

With the rapid development of China’s economy and the increasing improvement of national living standards,catering and fitness have gradually become an important part of People’s Daily life.Due to the special prepaid management mode of the gym enterprise,according to the requirements of the new income standards,the full amount of advance payment is directly recognized as income does not meet the conditions of income recognition;For catering enterprises,there are many details of their expenses and the allocation of expenses is not reasonable.This paper will take company A,whose main business is fitness catering,as an example to improve the accounting of its profit and loss items and study its tax planning.Firstly,this paper summarizes the concepts of profit and loss and tax planning,and summarizes the theories of cash basis,accrual basis and tax planning.Secondly,the business status of company A,the accounting status of profit and loss items and the tax payment status were analyzed,and the existing problems in the recognition time point of operating income,the classification of period expenses and the matching of operating income and expenses were found.Thirdly,in view of the problems existing in the accounting of profit and loss of company A,specific improvement plans are proposed.Finally,this paper analyzes the impact of the improved accounting of profit and loss of company A on value-added tax and enterprise income tax,and puts forward the tax planning plan of value-added tax and enterprise income tax based on the actual situation of company A,providing Suggestions for the future tax planning of the company.It is hoped that it can provide reference for the accounting of profit and loss and tax planning of similar enterprises.