Accounting and tax accounting of reserves for upcoming vacation pay

What is a reserve for vacation pay?

The vacation reserve in accounting is an obligation that allows one to evaluate and confirm the actual existence of the institution’s responsibility for fulfilling labor guarantees to employees on the reporting day in the period. The rules are established in PBU 8/2010, approved by Order of the Ministry of Finance dated December 13, 2010 No. 167n and the Federal Law “On Accounting” dated December 6, 2011 No. 402-FZ.

Who is obliged to create

All existing institutions are required to accrue reserves for vacation pay. The exceptions are organizations that are allowed to maintain simplified accounting:

• small businesses;
• non-profit organizations;
• participants of the Skolkovo project.

This means that such companies do not have the right to create a financial reserve for vacation pay in accounting, but can attribute finance directly to accounts for current costs.

How often to form

The created cash reserve reflects obligations to employees regarding payment for rest as of the reporting date (clause 15 of PBU 8/2010). It must be formed at least once a year (on the final day - December 31). If you provide both annual and quarterly reports, create an inventory for the closing day of each quarter.

In general, it is acceptable to form it on the final day:

• months (labor-intensive, but accurate);
• quarter (for many the most acceptable option);
• year (for institutions with annual reporting).

The specific day is established by the enterprise itself in its accounting policies, which must be approved by the administrative document of the organization.

The vacation reserve for 2020 is formed taking into account previously established rules, since no changes have been made to the legislation regarding accruals for rest days.

How to calculate the amount of an estimated liability

There is no reserve algorithm in PBU 8/2010. Therefore, the procedure for its calculation should be approved in the accounting policy.

The following options are possible for determining the specific amount of contributions to the valuation reserve for vacation pay:

• based on the actual size of the monthly wage fund;
• for each employee separately;
• by department or employee category.

For the calculation, you will need data on the number of days of unused vacation for each employee as of the end of the reporting period and the vacation schedule for the coming year.

The amount of vacation pay liability at the end of the reporting period can be calculated as follows: the number of days of unused vacation for each employee is multiplied by his average daily earnings for the 12 months preceding the reporting period.

Average daily earnings are calculated based on all accruals taken into account when calculating vacation pay in accordance with Decree of the Government of the Russian Federation dated December 24, 2007 No. 922.

In this case, the time and amounts accrued during this time are not taken into account in cases where the employee:

• received benefits for temporary disability or maternity benefits;
• did not work due to downtime due to the fault of the employer or for reasons beyond the control of the employer and employee;
• did not participate in the strike, but was not able to do his job;
• used additional paid days off to care for disabled children;
• was on a business trip or vacation or in other cases was released from work with full or partial retention of wages (or without pay).

Social payments and other payments not related to wages are also not taken into account.

The amount of the liability for insurance premiums is determined by multiplying the amount of the liability for vacation pay by the rate of insurance premiums and “injury” premiums.

When calculating insurance premiums, the amount of payments in favor of each individual must not exceed the established limit, beyond which firms paying contributions at the general rate must accrue additional contributions to compulsory pension insurance. Based on the vacation schedule for the current year, it is necessary to assess how, by the time vacation pay is paid to the employee, insurance premiums will be calculated from his income.

You can accrue the estimated liability for vacation pay at a frequency determined at your discretion - for example, quarterly. Then the amount of the reserve must be compared with the amount formed at the end of the previous quarter and increased by actually paid vacation and insurance contributions. Increase the estimated vacation liability by the resulting difference.

You can make similar calculations not for each employee, but, for example, by department, by salary level, etc. In this case, you will have to take into account the average daily earnings for the department (group), calculated from the general wage fund and the average number of employees in 12 months.

The amount of the estimated liability must also include additional vacations.

Reserve in accounting and reporting

Enterprises that form obligations regarding payment for vacations must record this fact in their accounting policies for accounting purposes. The calculation algorithm should also be explained there.

Postings for use

The formed reserve of funds is subject to reflection in the subaccount “Reserve for vacation pay” to account 96 “Reserves for upcoming expenses”.

When creating it, you need to make a posting to the credit of this subaccount for the amount of deductions. It should be such that the balance of the subaccount becomes identical to the calculated stock.

The reserve for vacation pay (entries are given below) is used when calculating funds for vacation pay and contributions throughout the year.

Considering that the calculation of the reserved amounts is approximate, these funds may not be enough for the year. With this option, vacation amounts should be credited to the debit of expense accounts. Identical to how salaries are calculated.

Reflection in accounting

When creating a reserve, vacation expenses can only be written off against this reserve.

The formed reserve is reflected in account 96 “Reserves for future expenses”. The reserve amounts are accrued by debiting expense accounts that record employee salaries:

DEBIT 20 (23, 25, 26, 29, 44...) CREDIT 96

— an estimated reserve for vacation pay has been accrued.

As employees go on vacation, the accountant accrues vacation pay, insurance contributions for health insurance, social insurance, compulsory medical insurance and contributions for “injuries” from the reserve.

Postings are reflected in the debit of account 96 in correspondence with accounts 70 and 69:

DEBIT 96 CREDIT 70

— vacation pay is accrued from the reserve;

DEBIT 96 CREDIT 69

— insurance premiums for OSS, compulsory health insurance, compulsory medical insurance and contributions for “injuries” are calculated at the expense of the reserve.

In tax accounting, a company may or may not create a reserve for vacation pay (Article 324.1 of the Tax Code of the Russian Federation). If a holiday reserve is not created in tax accounting, then differences and associated deferred tax assets will arise. The wiring is completed:

DEBIT 09 CREDIT 68

— a deferred tax asset has been formed (in the amount of the estimated liability × 20%).

When vacation pay is actually accrued, this asset is extinguished:

DEBIT 68 CREDIT 09

— the deferred tax asset is repaid (by the amount of accrued vacation and insurance contributions × 20%).
EXAMPLE 1. ACCRUAL AND USE OF RESERVE FOR PAYMENT OF HOLIDAYS IN ACCOUNTING
In tax accounting, Vesna LLC does not create a reserve for upcoming expenses for payment of vacations.
Let’s assume that as of March 31, the company’s accounting records recognized an estimated liability for the payment of vacation pay in the amount of 50,000 rubles. The following entries were made in the accounting: DEBIT 20 CREDIT 96
- 50,000 rubles.
– the amount of the estimated liability is reflected; DEBIT 09 CREDIT 68
- 10,000 rub.
(50,000 rubles × 20%) – a deferred tax asset is reflected. In the second quarter, employees were accrued vacation pay (together with insurance contributions) in the amount of 50,000 rubles. and additionally, estimated liabilities for vacation pay were recognized in the amount of 100,000 rubles. The following entries were made in accounting: DEBIT 96 CREDIT 70 (69)
- 50,000 rubles.
– vacation and insurance contributions accrued; DEBIT 68 CREDIT 09
- 10,000 rub.
(RUB 50,000 × 20%) – the deferred tax asset is written off; DEBIT 20 CREDIT 96
- 100,000 rub.
– the amount of the estimated liability is reflected; DEBIT 09 CREDIT 68
- 20,000 rub. (RUB 100,000 × 20%) – a deferred tax asset is reflected.

Reserve for vacations in tax accounting

Creating an estimated liability in tax accounting is a right, not an obligation, of the taxpayer. This is the main difference from accounting. In addition, the algorithm for calculating and reflecting the reserve for the purpose of calculating income tax does not provide for variability. Article 324.1 of the Tax Code of the Russian Federation prescribes a clear algorithm for its formation. It provides:

• determining the percentage of contributions to the reserve;
• determination of the reserved amount at the end of each month;
• Conducting inventory on December 31 of each year.

We will consider the methodology for creating a reserve in tax accounting in more detail below (option 3).

Tax accounting

In tax accounting, the creation of such an estimated liability is a right, not an obligation, of the company. But if you want to avoid taking into account temporary differences, then it makes sense to decide to take into account the accrual of the reserve for vacation pay in tax accounting. In this case, expenses also take into account contributions to the reserve, but do not take into account vacation pay and insurance premiums accrued on them.

The procedure for creation is prescribed in the Tax Code in Article 324.1. If the company decides to form it, then the accounting policy must reflect:

• the very fact of making a decision;
• reservation method;
• maximum deduction for the current tax period;
• deduction percentage.

Calculate the deduction percentage using the formula:

Calculate monthly deductions as follows:

At the end of each year it is necessary to carry out an inventory of the estimated liability. For this:

1. The number of non-vacation days of rest for each employee is determined.
2. The forecast value of vacation pay amounts is determined based on average earnings.
3. The estimate is compared with the actual balance received at the end of the year.
4. If the actual accrued amount is less than the calculated amount, then it is additionally accrued, attributing the excess amount to labor costs.
5. If the actual accrual turns out to be higher than the inventory estimate, then the excess portion is written off and included in non-operating income.

To facilitate accounting and minimize temporary differences, a decision should be made to create an estimated liability in tax accounting. Moreover, it is worth prescribing the rules for its creation in accounting, similar to those established in the Tax Code.

The Ministry of Finance in 2012, in letter No. 03-03-06/4/29, expressed the opinion that compensation for unused vacation cannot be accrued from the reserve, but should be included in costs at the time of accrual. This position is controversial, since the amounts of vacation pay for which compensation is paid were already included in expenses when forming the estimated liability. Following it leads to overestimation of expenses, and also creates a temporary difference with accounting data.

How to calculate vacation reserve

The enterprise chooses the calculation algorithm independently and approves it in its accounting policy. It is necessary to provide:

• frequency of reflecting the formation of the reserve (once a year, quarterly, monthly);
• procedure for calculating the reserve amount.

Separately, the accounting policy for tax accounting must reflect the organization’s decision to create (or not create) a reserve. And reflect the rules for its calculation for the purpose of calculating income tax.

Thus, the institution needs to strictly adhere to the established rules and regulations in order to determine the required funds for payment of vacation pay.

Let us next consider the most commonly used methods for creating reserve amounts for vacation pay. And the examples given will help you understand how to implement their application in practice.

Brief algorithm for creating a reserve

The algorithm for creating a vacation reserve is as follows.

First, you need to create a starting reserve amount as of January 1, 2020 (newly created companies do not do this). It should be equal to (or approximately equal to) the amount of vacation pay based on rest days earned but not taken by all employees on the specified date. Simply put, this is the equivalent of the compensation that the employer would have to pay if all employees quit at the same time on January 1. This should include the insurance premiums that would be charged for such compensation at 2020 rates. The starting amount of the reserve must be reflected in the debit of the “cost” account (20, 44, etc.) and the credit of account 96 “Reserves for future expenses.”

Secondly, you must regularly make contributions to the reserve throughout the year. To do this, it is necessary to determine how much vacation pay each employee earned. If the vacation is 28 calendar days, then the vacation pay notional earned in each month is equal to the product of the average daily earnings by 2.33 days (28 days: 12 months). Conditionally earned vacation pay, together with the insurance premiums conditionally accrued on them, must be reflected in the debit of the “cost” account and the credit of account 96.

Thirdly, vacation pay received by employees during 2017 should be written off against the reserve. To do this, you need to create a posting to the debit of account 96 and the credit of account 70 “Settlements with personnel for wages”. The exception is vacations for which the right has not yet been earned. Since the employer provided them in advance, vacation pay was not included in the reserve. This means that they cannot be written off against the reserve. Instead, “advance” vacation pay should be reflected in the debit of account 20 (21, 44, etc.) and the credit of account 70.

The methodology for calculating the starting amount of the reserve and regular deductions, as well as the frequency of such deductions, is not established by current standards. Therefore, companies have the right to choose the most convenient option and reflect it in their accounting policies.

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In particular, organizations may adopt a methodology in which the amount of contributions to the reserve is determined with the greatest possible accuracy. However, another approach is also possible - to form a reserve based on approximate values. Let's consider which methods are most often used in practice.

Option 1: the simplest

The simplest option is to plan an amount similar to that spent on vacation and insurance premiums for the current year. With this method, a reserve is created once—December 31. True, the obligation in this option will be exceeded, since the employer does not yet owe the employees that much money.

Example.

LLC "Company" generates an estimated liability for vacation amounts once a year. For 2020, vacation pay in the amount of 100,000 rubles was paid, and insurance premiums in the amount of 30,200 rubles were also accrued. (100,000 × 30.2%). On December 31, 2018, the accountant made the following entry:

When an employee goes on another vacation and vacation pay is accrued to him, the following entries will need to be made:

This method is not very correct, since it does not reflect the real obligations of the enterprise to employees regarding vacation payments. Also, since it is generated only once a year, changes in staffing are not taken into account. In the middle of the year, a decision may be made to reduce the number of staff or, on the contrary, to sharply increase it.

Indicators of the organization's accounting policy

The procedure for reserving funds must be approved in the accounting policy. In the section regarding accounting, the methodology for calculating deductions is presented, the dates for the creation of the fund and the recognition of expenses in accounting are determined. There are no legally developed methods for forming a reserve fund.

Reservation at NU requires fulfillment of the requirements specified in Art. 324.1 Tax Code of the Russian Federation. Failure to define the terms of the reservation may lead to a refusal to accept deductions for expenses during an inspection by the Federal Tax Service. If a reserve is created in NU, a number of conditions will need to be approved in the accounting policy.

The creation of a reserve fund is allowed only for enterprises using the accrual method of accounting. In the absence of a vacation reserve, expenses for enterprises using the accrual method are written off in the amount of actual expenses.

The general needs of reserves in accounting and tax accounting have the same components: expenses include accrued vacation payments calculated based on average earnings and contributions to funds - the Pension Fund (in terms of pension and health insurance) and the Social Insurance Fund.

Option 2: more accurate

The second way is as follows:

• count the number of unused days for all employees on the date the reserve is reflected;
• calculate the average daily salary in the institution. For example, according to the formula:

• derive buffer funds using the formula = SDZ × (1 + total contribution rate) × number of unused rest days as of the reporting date. The tariff of total contributions represents the sum of the tariffs of those contributions that are calculated on the salary.

The frequency of calculation can also be provided once a year, but with this method it is better to recalculate more often: once a quarter or even monthly.

Example.

LLC "Company" calculates the estimated liability for vacations on the last day of each quarter.

The number of employees (has not changed) is 10 people.

The salary amount for 2020 is 2 million rubles.

Number of vacation days not taken:

• as of December 31, 2018 – 50;
• as of March 31, 2019 – 60;
• as of 06/30/2019 - 40.

Vacation pay paid:

• for the 1st quarter of 2020 - 20,000;
• for the 2nd quarter of 2020 - 40,000.

First, let's determine the calculation of average earnings:

Average daily earnings = 2,000,000 / 12 × 29.3 × 10 = 568.83 rubles.

The remaining calculations and transactions are given in the table:

Vacation reserve: posting transactions for the formation and use of reserves

The following entries must be made in the accounting of autonomous and budgetary institutions:

Vacation reserve: postings

* Detailing of account 0 401 60 000 is carried out as part of the formation of accounting policies. An example of detail is contained in Letter of the Ministry of Finance of the Russian Federation No. 02-07-07/28998.

** Clarification of the previously formed reserve is reflected on the date of its calculation:

– an additional accounting entry – in case of an increase in the formed reserve; – by reversing an entry – in case of a decrease in the amount of a previously formed reserve.

The following entries will be made in the accounting of a government institution:

The clarification of a previously formed reserve is reflected by an additional accounting entry or by reversing the entry (see explanations above).

Important: the reserve is used only to cover those costs for which it was originally created.

Example 2.

Let's use the conditions of example 1. The accounting policy of an autonomous institution stipulates that a reserve for vacation pay is created annually on the last day of the calendar year based on the average salary calculated for the institution as a whole. According to the HR department:

– number of days of unused vacation – 190; – number of planned days of vacation in 2020 – 1,400; – average daily wage – 950 rubles.

At the same time, as of December 31, 2019, there is an unused reserve in the amount of RUB 85,000.

The amount of the accrued reserve for unused vacations as of December 31, 2019 is RUB 180,550. (190 days x 950 rub.). Since at the reporting date there is an unspent reserve on the balance sheet and its amount is less than the newly accrued reserve, the clarification of the previously formed reserve will be reflected in an additional accounting entry in the amount of the difference between the amount of the newly accrued reserve and the amount of the unspent reserve - RUB 95,550. (180,550 – 85,000). The amount of monthly contributions to the reserve will be 110,833 rubles.

The following entries must be made in accounting:

Vacation reserve: postings

How to create a reserve

The reserve for vacation pay is created by budgetary, autonomous, government institutions and government bodies (clause 302.1 of the Instructions to the Unified Chart of Accounts No. 157n). To create a reserve, follow the step-by-step algorithm.

Step 1. Choose the method by which you will determine reserves for vacation pay. The reserve amount can be calculated monthly, quarterly or annually.

There are three methods for calculating the vacation pay reserve:

1.for the institution as a whole;

2.by personnel categories;

3.separately for each employee.

Determine the reserve for payment of insurance premiums taking into account the methodology for calculating the reserve for expenses for paying vacations. Also, the institution has the right to calculate the amount of insurance premiums taking into account the maximum value of the base for calculating contributions based on data for the previous period and the applied increasing coefficient.

Such calculation methods were recommended by the Ministry of Finance in letter dated May 20, 2015 No. 02-07-07/28998. When choosing a method, take into account the number of employees, the complexity of the calculation, and whether there are computer programs in which the calculations can be made.

Step 2. Fix the chosen method and the period for which you are calculating the reserve in your accounting policy. :

Step 3. Request from the HR department the number of days of unused vacation for all employees as of the calculation date.

Step 4. Calculate the average salary for the entire institution or the average daily earnings for each employee. See how to calculate average daily earnings and average wages.

Step 5. Calculate the reserve according to the methodology established in the accounting policy.

Advice: for vacation pay that you pay in advance, do not create a reserve - reflect them as deferred expenses and charge them to account 401.50 (clause 302 of the Instructions to the Unified Chart of Accounts No. 157n, letter of the Ministry of Finance dated 03/07/2018 No. 02-07-10/14688 ).

Method for calculating reserves for the institution as a whole

The method for calculating the reserve for the institution as a whole is the simplest, but less accurately reflects the amount of the reserve. Calculate insurance premiums also for the institution as a whole. The method is given in paragraphs 1.2, Appendix 3 to the letter of the Ministry of Finance dated May 20, 2015 No. 02-07-07/28998.

1. Calculate the reserve for vacation pay:

2. Calculate the amount of insurance premiums:

3. Calculate the total reserve amount:

Example: how to calculate the reserve for vacation pay for the institution as a whole

The institution creates a reserve for vacation pay. In the accounting policy, the chief accountant stated: ​​​​“The reserve for vacation pay is determined monthly on the last day of the month. The reserve is calculated based on the average daily earnings of the entire institution for the last 12 months preceding the date of reserve calculation. The amount of insurance premiums when forming a reserve is calculated for the entire institution.”

Data on the number of days of unused vacation is provided by the personnel service. The institution applies a premium rate of 30.2 percent.

As of December 31, 2020, according to the HR department, the number of unused vacation days by all employees was 43 days. The annual payroll fund for the institution for the period from January 1, 2020 to December 31, 2020 amounted to RUB 29,534,400. The number of staff units as of January 1, 2020 is 70. The accountant calculated the average daily earnings for the entire institution:

RUB 29,534,400 : 12 months : 70 people : 29.3 days = 1200 rubles, where 29.3 is the average monthly number of calendar days (Article 139 of the Labor Code).

Then the accountant determined: – amount of vacation pay = 43 days. × 1200 rub. = 51,600 rub.; – amount of insurance premiums = 51,600 rubles. × 30.2% = RUB 15,583.20

Reserve for vacation pay, which the accountant will reflect in accounting: RUB 67,183.20. (RUB 51,600 + RUB 15,583.20).

Method for calculating reserves by personnel category

The method for calculating the leave reserve for categories of employees (personnel groups) is simplified compared to the calculation for each employee. The reserve is calculated separately for each category of personnel. For example, separately for the administrative department, for key employees. Also calculate insurance premiums by employee category.

The calculation method separately for categories of employees is given in paragraphs 1.3, Appendix 3 to the letter of the Ministry of Finance dated May 20, 2015 No. 02-07-07/28998.

Calculate the reserve using this algorithm.

1. Calculate the reserve for vacation pay:

2. Calculate the amount of insurance premiums:

3. Calculate the total reserve amount:

Example: how to calculate the reserve for vacation pay by category of personnel

The institution creates a reserve for vacation pay. In the accounting policy, the chief accountant stated: ​​​​“The reserve for vacation pay is determined monthly on the last day of the month. The reserve is calculated based on the average daily earnings of the personnel category for the last 12 months preceding the date of reserve calculation. The amount of insurance premiums when forming a reserve is calculated by category of personnel.” Data on the number of days of unused vacation is provided by the personnel service. Personnel categories are divided into: managers, senior specialists and junior specialists. The institution applies a premium rate of 30.2 percent.

As of December 31, 2020, conditions for calculation:

The accountant calculated the average daily earnings by personnel categories: – managers – 5,300,000 rubles. : 12 months : 29.3 days : 5 people = 3014.79 rub.; – senior specialists – RUB 9,800,000. : 12 months : 29.3 days : 10 people = 2787.26 rub.; – junior specialists – 12,200,000 rubles. : 12 months : 29.3 days : 20 people = 1734.93 rubles, where 29.3 is the average monthly number of calendar days (Article 139 of the Labor Code).

The accountant then determined the reserve for payment by personnel category. 1. Managers: – amount of vacation pay = 15 days. × 3014.79 rub. = 45,221.85 rub.; – amount of insurance premiums = 45,221.85 rubles. × 30.2% = RUB 13,657.00 Total reserve for vacation pay for the “managers” category: RUB 58,878.85. (RUB 45,221.85 + RUB 13,657.00).

2. Senior specialists: – amount of vacation pay = 11 days. × 2787.26 rub. = RUB 30,659.86; – amount of insurance premiums = 30,659.86 rubles. × 30.2% = 9259.28 rub. Total reserve for vacation pay for the “senior specialists” category: RUB 39,919.14. (RUB 30,659.86 + RUB 9,259.28).

3. Junior specialists: – amount of vacation pay = 15 days. × 1734.93 rub. = 26,023.95 rub.; – amount of insurance premiums = 26,023.95 rubles. × 30.2% = RUB 7,859.23 Total reserve for vacation pay for the “junior specialists” category: RUB 33,883.18. (RUB 26,023.95 + RUB 7,859.23).

The accountant reflected in the accounting the reserve for vacation pay for all categories of personnel: RUB 132,681.17. (RUB 58,878.85 + RUB 39,919.14 + RUB 33,883.18).

Method for calculating reserves separately for each employee

The method of calculating the reserve for each employee is the most labor-intensive, but allows you to calculate the amount of the reserve as accurately as possible. This method of calculation is suitable for institutions with a small number of employees. When calculating the reserve for vacation pay for each employee, also determine the amount of insurance premiums for each employee.

The calculation method for each employee is given in paragraphs 1.1, 2.1 of Appendix 3 to the letter of the Ministry of Finance dated May 20, 2015 No. 02-07-07/28998.

Calculate the total amount of the reserve in this order.

1. Calculate the reserve for vacation pay:

2. Calculate the amount of insurance premiums:

3. Determine the total amount of the reserve:

Example: how to calculate the reserve for vacation pay for each employee

The institution creates a reserve for vacation pay. In the accounting policy, the chief accountant stated: ​​​​“The reserve for vacation pay is determined monthly on the last day of the month. The reserve is calculated based on the average daily earnings for each employee for the last 12 months preceding the date of reserve calculation. The amount of insurance premiums when forming a reserve is calculated for each employee individually.”

The accounting department requested data on the number of days of unused vacation from the HR department. Based on this information, the accountant calculated the average salary for each employee, the reserve for vacation pay and insurance premiums.

Situation: should study leave days be included in the vacation reserve?

Include study leave in the calculation of the reserve for vacation pay if the employee reported the leave before you created the reserve. The institution is obliged to provide and pay for study leave to the employee (Articles 173–176 of the Labor Code). The basis is a certificate of invitation from the educational institution and an employee’s application for leave. See what documents to use for study leave.

The legislation does not say within what time frame an employee must notify the employer and hand over documents for leave. The institution has the right to establish such a period in a local act, for example, Labor Regulations.

Public sector organizations have the right to count the reserve for vacation pay at the end of each month, quarter, year (letter of the Ministry of Finance dated May 20, 2015 No. 02-07-07/28998). The period is established in the accounting policy. Thus, if an employee notifies of an upcoming study leave before you have created a reserve for vacation pay, the vacation days will be included in the calculation.

If the employee submits documents for leave when the reserve is calculated, reflect the expenses as part of current labor costs. For example, an institution creates a reserve for vacation in December for the next quarter.

The employee submitted a summons certificate in December - he has a session in January. In this case, include study leave in the calculation. Include study leave in the calculation of the reserve for vacation pay if the employee reported the leave before you created the reserve.

Officials of the institution will be held administratively liable for violations of accounting rules (Article 15.15.6 of the Administrative Code). If you do not reflect the vacation reserve on account 401.60, you will be fined up to 30,000 rubles. More details in the table.

You can also be fined for misrepresenting data on the 401.60 account in reporting. The fine depends on the percentage of distortion of reporting indicators:

• from 1 to 10 percent – ​​a fine of 1,000 to 5,000 rubles;
• from 1 to 10 percent and for amounts over 100 thousand to 1 million rubles. inclusive – a fine from 5,000 to 15,000 rubles;
• more than 10 percent - a fine from 15,000 to 30,000 rubles.

See the table for all penalties for reporting violations.