In accounting, according to the provisions, the classification of income distinguishes several groups: according to the usual types of activities of the organization: 1. Revenue from the sale of goods and products 2. Entities for work performed 3. revenues related to services
Other: 1. Operating rooms (receipts from the sale of fixed assets, for leasing property) 2. Envocation (fines and penalties for violation of the terms of contracts, payables with the expired limitation period, income of previous years that were identified this year, compensation for losses, exchange rate difference) 3. Extraordinary (material values that survived after the fire remained after the fixed assets are written off) in the accounting policy, the order of the enterprise must reflect that it refers to other income. For taxation, the following classification of income is provided: from the sale of goods, products, works, services, property rights, non -operating income (from leasing property, free receipt of property, shared participation) income that is not taken into account when determining the tax base (for property received received On bail, on loans and loans, in the form of a contribution to the authorized capital), by the frequency of receipt, all income is divided into current and capitalized. The classification of the income of the enterprise in accounting and tax accounting is somewhat different, that is, part of the income will be taken into account when calculating the balance of the organization’s profit, but will not be taken into account when determining the tax base of property when calculating the income tax of the enterprise.
The company’s amount of VAT, excise taxes, advances, deposits, the amount of loan repayment, loans and others are not the income of the enterprise. All commercial organizations in practical activities use the classification of income in the branches of activity: trade, production for the provision of services. Each field of activity has its own benefits and income tax rates. And in modern conditions, many enterprises are engaged in addition to main activities also auxiliary activities. And if income makes up more than 5% of the total, then it is necessary to keep a clear record for each non -core type of activity. By type of activity, the classification of income of any organization reflects the basic, investment and financial activities of the enterprise. Investment activities are understood as income from the sale of fixed assets, shared participation in other organizations, income from deposits and securities. Income from financial activities is associated with the issue of shares, bonds, attracting a loan, payment of dividends, the use of interest on deposits. The classification of budget revenues necessarily provides for the code of the administrator of revenues to the budget, groups, articles, programs. So the main administrators of the revenues are the bodies of state power, local self -government, the central bank of the country, the management bodies of state extra -budgetary organizations, budget institutions that monitor the correctness of calculation, timely payment, recovery and return of excessively paid payments, fines, interest.