The procedure for filling out the liquidation balance sheet. How to correctly draw up a liquidation balance sheet

The accountant of a closing enterprise has to deal with such a concept as the liquidation balance sheet. However, not everyone is familiar with the procedure for compiling it. Let's find out how the interim balance sheet differs from the final balance sheet, and learn how to correctly draw up both of these documents.

In what cases can a liquidation balance sheet be compiled?

The liquidation balance sheet (LB) is a balance sheet that characterizes the economic state of the enterprise at the time of liquidation. That is, this is a report drawn up at the time the company is closed. A balance is made so that in the future there are no problems with the tax service, other government agencies and creditors.

There are 2 types: intermediate and final. The preparation of documents in both of these cases is entrusted to the company's accounting department.

The procedure for liquidating organizations

According to Art. 61 of the Civil Code of the Russian Federation, the closure of a company is carried out with the cessation of its functioning without transfer of rights of use and ownership to third parties. Closing a company can be voluntary or forced.

The decision to liquidate on a voluntary basis is made by the founders, who must be part of the liquidation commission. The process of forced closure of a company is initiated by creditors or supervisory authorities and occurs through the court.

The decision to liquidate the organization

There are several reasons why a business may close:

• bankruptcy;
• business mergers or restructuring;
• closure of an organization by a voluntary decision of the owner;
• termination of existing activities;
• conducting activities that do not correspond to the direction of the enterprise.

What does the algorithm for closing a company look like?

1. Assessment of the company's property status.
2. Cost accounting.
3. Compilation of a register of creditors' claims and consideration of claims.
4. Interim liquidation balance sheet.
5. Sale of existing assets.
6. Accounting for expenses of bankruptcy proceedings.
7. Satisfaction of creditors' demands.
8. Preparation of liquidation balance sheet.
9. Liquidation of the enterprise.

The first step towards liquidating an organization will be a meeting of shareholders and founders, at which they will decide to close it. The decision made is recorded in the protocol. If the company has debtors, then it is necessary to develop a mechanism for repaying debts and determine the timing of settlement of obligations.

The second step should be the appointment of a liquidation commission. The rights to manage the organization will be transferred to her. The commission is obliged to warn creditors about the date of closure of the company.

• decision to appoint a liquidation commission;
• completed form P15001.

The last document must be certified by a notary. To do this, the specialist will require the following documents:

• extract from the registration register;
• articles of association;
• TIN and OGRN certificates;
• protocol on the appointment of the head of the company.

Sample of filling out form P15001

The form is filled out according to the same rules that apply for preparing tax reports. Namely: it is customary to fill out the form typewritten, in capital letters; dashes should not be made in empty columns.

It is necessary to inform interested parties about the closure of the enterprise: for this you should advertise in the newspaper.

If the LLC does not have a debt obligation, the tax service will coordinate the timing of inspections with government agencies. Based on the results of fulfillment of obligations, an interim LP is formed between the company and creditors.

Interim liquidation balance sheet and procedure for its preparation

The interim LB is drawn up by the accounting staff. The purpose of this document is to specify the financial situation of the company at the time of its dissolution.

Stages of compiling a LB

1. The value of the company's property is calculated: buildings, assets, cash. If an organization does not have enough assets to pay off its debts, then liquidation is carried out in accordance with Article 65 of the Civil Code of the Russian Federation. As an annex to the LB, a document is drawn up that includes a complete list of the organization’s property.
2. A register of creditors' claims for payment of debts is compiled.
3. If the company is unable to repay the debt, then its property is sold at auction.
4. A balance sheet is filled out, which should indicate the total value of the property and the claims of creditors to the liquidated company.
5. Provides information about accounts receivable.

How to draw up the correct liquidation balance sheet

The interim LB is drawn up in accordance with Form No. 1 “Balance Sheet” based on the latest accounting report. The conditions imposed by the creditors must be attached to the main document.

The interim balance sheet is sometimes drawn up several times. The reasons for drawing up a new document may be the length of the process and changes in the terms of the agreement between the founders and creditors.

The decision to approve the interim LP is made by the management bodies or founders, on whose initiative the company is being liquidated.

It is necessary to inform the Federal Tax Service that the company is in the process of liquidation. A notification in form P15003 is attached to the interim. The completed package of documents is submitted to the registration authority.

Please note: during the verification of the documentation, the liquidation commission is obliged to fully repay the debt of the enterprise.

Can the intermediate LB be zero?

The interim liquidation balance cannot be zero, since the company is still in the process of selling property, paying off obligations, and collecting receivables.

Who should sign the explanatory note

An explanatory note may be attached to the liquidation balance sheet. It contains comments on individual paragraphs of the main document. An explanatory note is a unique form of reporting. It must be drawn up in cases of liquidation of the company.

The document is drawn up by the company's accounting service and signed by the head of the liquidation commission. If all creditors' claims are satisfied in full, then the final liquidation balance sheet is drawn up.

Final balance

This is a document containing final information about the payments made. It takes into account payments to debtors and repayment of accounts payable. The property remaining after the liquidation procedure is transferred to the director of the company.

Details on how employees are dismissed during liquidation of an enterprise:

There is no special form for drawing up the final balance sheet. Typically, an annual balance sheet form is used to complete this document. Appendices are usually compiled to the LP, which indicate the results of the company closure procedure. Their forms are developed by the liquidation commission. Documents are given to the relevant authorities.

After checking the documentation, the final dissolution of the enterprise is carried out. The company is removed from the registration register, existing bank accounts are closed, and information about the company is published.

Please note: information about the liquidation of a company is entered into the Unified State Register of Legal Entities.

And the latest financial statements must also be prepared. It describes the activities of the company during the liquidation period. The body that made the decision to close the enterprise is required to approve this document.

LB due date

The peculiarity of preparing the financial statements of a liquidated enterprise is that they are compiled for less than a full year. The beginning of the period will be January 1, and the end will be the date preceding the entry into the Unified State Register of Legal Entities on the liquidation of the company. The final balance sheet must be submitted within 3 months after the company is excluded from the unified register.

Is zero final subject to approval?

There is no clear methodological answer to this question. Tax service specialists believe that the item “Accounts Payable” should definitely be equal to zero, but the balance sheet currency may be different from zero.

In addition to drawing up the final balance sheet, it is necessary to make a decision on its approval. Below is a sample of this document.

A balance sheet is a form of accounting report that shows the balance of a company's funds after its liquidation. It exists in 2 formats - interim and final balance. The final LP must be submitted to the tax office to exclude the company from the Unified State Register of Legal Entities.

The closure of any organization is considered a complex event that involves the liquidation of the company, which requires correctly notifying various government services about the planned process, as well as paying off debts. This process requires the generation of numerous documents. At the final stage of liquidation of an enterprise, a final liquidation balance sheet is drawn up. It contains all the information about the company’s assets, and additionally needs to be registered with the Federal Tax Service.

Document concept

The final liquidation balance sheet is represented by a standard balance sheet prepared by a company at the liquidation stage. The main purpose of this document is to identify all assets owned by the enterprise, which allows one to assess its property status.

The liquidation balance can be interim or final. In the second case, documentation is drawn up after all the company’s debts to contractors, government agencies or employees have been fully repaid. It includes data on all the company's assets that remained with the managers after the debt was repaid. All these values ​​are distributed among all company participants.

When drawing up such a balance sheet, it is not allowed for the size of assets to be greater than the data contained in the interim document. Otherwise, Federal Tax Service employees may demand clarification or even refuse to close the company. Only under such conditions can it be possible to identify all unscrupulous entrepreneurs who want to close a company to avoid liability or for the purpose of temporarily withdrawing assets without selling them to pay off debts.

Legislative regulation

The final liquidation balance sheet of an LLC or other company is required to be prepared during the liquidation procedure based on legal requirements. Basic information on how to correctly draw up a document and close a company is contained in Federal Law No. 127 “On Bankruptcy”.

Additionally, a lot of information is available in the Civil Code and Federal Law No. 208. These legislative acts state that when drawing up the final liquidation balance sheet, it is necessary to take into account only those assets that remain after the repayment of all the company's debts. Therefore, the company satisfies in advance all the requirements contained in the special register of creditors.

If an interim balance sheet is formed, then it includes not only all property owned by the organization, but also existing obligations to various creditors.

Can it be zero?

Quite often, companies form a zero liquidation balance sheet, since after the sale of assets and repayment of debts, the company simply does not have any assets left that could be distributed among all participants in the enterprise.

The law does not contain precise information about whether such a balance is always zero, since the availability of property after debts are repaid is determined only by the number of different obligations the organization has.

It is quite easy to draw up a zero balance, so the accountant does not have any difficulties with this work. There is also no need to decide exactly how the remaining property will be distributed among the founders.

In this case, the final liquidation balance cannot be negative. This is due to the fact that under such conditions the debt remains to other creditors. In such a situation, the tax inspectorate cannot enter information about the liquidation of the company into the register, so the bankruptcy process will have to begin.

Compilation rules

The procedure for closing any company must be carried out in the correct sequence of actions, otherwise it will be impossible to quickly liquidate the company. Therefore, tax inspectors are initially notified that the founders of the enterprise decide to close the company for any reason. Additionally, such information is published in open sources, which makes it possible to notify all creditors about the closure of the company, so they can present demands to the debtor in a timely manner.

For the proper liquidation of the company, a special liquidation commission is created, and the rules for its formation are described in Art. 61-64 Civil Code. It is the members of this commission who are involved in drawing up the liquidation balance sheet. It may be interim or final, but in any case it includes certain important information. These include:

• Requisites. This should include the date the document was compiled and its title.
• Information about the company. The name of the organization and its legal address are given. The TIN and OKPO numbers are entered, and the main type of activity of the enterprise should also be specified. The working part of the balance sheet is represented by a table where information should be entered in separate rows and columns.
• Fixed assets. They are represented by fixed assets, which include various structures, equipment or other expensive and capital facilities. Additionally, this includes tangible and intangible exploration items and financial investments that are investments in securities, other firms or bonds.
• Current assets. This section contains data on accounts receivable and inventories, represented by materials or raw materials for the production of various goods. Additionally, money held in bank accounts is included. This section includes financial investments or VAT on purchased property, which can be deducted.
• Capital and reserves. This section allows you to determine the value of the authorized capital. Additionally, the amount of reserve capital that every large company must have is included. The number of shares purchased by the company from the founders is given. Retained earnings and other property belonging to the enterprise are included in this section.
• Long-term and short-term liabilities. This includes various installment plans and accounts payable, for which the due date may vary significantly.

At the end of the table there should be information about what the residual value of all the company's property is. The total of the final liquidation balance sheet is equal to zero or a positive value, therefore a negative indicator is not allowed. If a final balance sheet is drawn up, then all available assets are then subject to distribution among the participants. If all columns contain zero, then you get a zero balance, which is very easy for an accountant to work with. A sample of filling out the liquidation balance sheet can be seen below.

What form is used?

It is the liquidation commission that should be responsible for drawing up the final balance sheet, but in fact, employees of the company's accounting department are actively involved in this process.

There is no specific and strictly approved form of the liquidation balance sheet, therefore it is formed on the basis of the standard form of balance sheet No. 1. It is this form that is used when preparing reports for different periods of time, represented by a year or quarter.

Members of the commission can add different lines or items to the final liquidation balance sheet if necessary. In this case, specialists usually adhere to the same rules that are used when generating standard reporting. The final balance sheet must contain the following information:

• the book value of the assets remaining after all of the company's obligations to its multiple creditors have been fully repaid;
• the period for which the document is drawn up;
• current information about the direct company;
• in the section intended for liabilities, all obligations should already be absent, since they must be repaid before reporting;
• the final part of the document must contain information about the chairman of the liquidation commission, and he also puts his signature here with a transcript.

If the above information is not in the document, then it may not be accepted by the tax office, therefore, members of the commission should approach the preparation of reports responsibly. After the document is generated, the final liquidation balance sheet is approved, and the process is carried out by the persons who initiated the liquidation of the company. Usually the procedure is implemented by a meeting of the company’s founders. For this purpose, a protocol is drawn up, and marks are placed on the balance sheet indicating its presence.

On what basis is data entered into the document?

To correctly draw up a balance sheet, members of the commission must have up-to-date and correct information. Therefore, the following steps must be performed initially:

• all obligations of the enterprise to creditors are repaid;
• funds are transferred to various government bodies for employees;
• company taxes are paid;
• a property inventory is carried out to identify how many assets the company has;
• if there is a need, various objects are sold at auction, after which the funds received from the process are used to pay off debts;
• Only after completing all the above steps is the final balance formed.

By creating this document, the founders can see how much assets remain. The reporting reflects the book value of assets, so you can understand how much each participant will receive. All property is distributed among the founders based on their share in the company.

Is it possible to create a simplified balance sheet?

If the company is small and also used simplified taxation regimes during its operation, then it is allowed to use a special simplified balance sheet form, which is prescribed in Order of the Ministry of Finance No. 66n.

Companies that are subject to mandatory audit are not allowed to use these documents, as they must submit a full balance sheet to the inspectors. The simplified form is not used in situations where it is necessary to display any specific data in the document, since the inclusion of various additional rows or columns is not provided for in the simplified version of the documentation.

Individual entrepreneurs using simplified regimes do not submit complex financial statements to the Federal Tax Service, so they do not need to draw up a liquidation balance sheet.

The simplified form contains a small number of different items, so there is a condensed balance sheet. It combines assets and liabilities and also includes data for three years of the company's operation. As a result, only the approximate value of the company’s assets is shown. Such a document is signed by the head of the organization.

How is the liquidation balance sheet closed?

All property contained in the final balance sheet is subject to distribution among the participants of the enterprise. This event must be correctly reflected by accounting employees, for which the following entries are used:

• D80 K75.2 - division of all assets between the founders of the company.
• D75.2 K51 - transfer of payments to the owners of the company.
• D75.2 K01 - transfer of property to the founders.

Direct transfer of values ​​is carried out by drawing up a special act.

Compilation deadline

The legislation sets a deadline for submitting the balance sheet, and the interim form must be submitted 2 months after publication in official sources about the beginning of the liquidation of the company. It is necessary to first notify all creditors of the planned event so that they can present claims to the company. The publication indicates the date when claims will be accepted.

The deadline for submitting the balance sheet, which is final, depends on how quickly the company can pay off all existing debts. If all debts are repaid, then this documentation can be generated. In this case, you cannot make any mistakes in the document, since under such conditions the balance sheet and the application for closing the company will not be accepted by the employees of the Federal Tax Service. Therefore, before drawing up documents, you should carefully evaluate the property status of the company and make sure that there are no debts.

Conclusion

Before liquidation, each company must perform certain actions, represented by the repayment of debts and the distribution of the remaining property between the participants of the enterprise. For this purpose, an interim and final liquidation balance sheet is formed. Company employees must be well versed in the rules for compiling this documentation.

When a company uses simplified taxation regimes, it is allowed to use a simplified balance sheet form, which will not be difficult to compile. When filling out the document, it is not allowed to make mistakes, as this may lead to a refusal to close the company by the Federal Tax Service.

The liquidation balance sheet means documentation that states all property of the company at the beginning of the process of its closure. The document indicates the material and financial property of the organization, debts of various types. Thus, it shows the complete financial picture of the company that was formed for the period when it.

Such a document is always drawn up when the work of a legal entity is terminated, regardless of the reasons that led to the liquidation.

Why is it needed and on what date is it compiled?

If the preparation of the paper is ignored, then the termination of activity will be officially invalid. Only the liquidation balance sheet can accurately say how much money the organization should return and to whom exactly.

If the compilation process has begun, then all previously delayed wages, contributions to third-party funds will soon be paid, and loans taken from banks will be fully repaid.

They begin to draw up a balance, as soon as the process of liquidation of the LLC began. As a rule, this takes no more than 2 weeks. During this time, it is necessary to count assets, group them by type, count receivables, and also evaluate how much the funds at the company’s disposal will be enough for.

There are certain rules when paying off debts. First, you should repay debts to banks and other counterparties. After this, the needs of the employees should be met if there has been a delay in wages. And only as the last step do they “remember” the funds that the shareholders should receive (in the event of the closure of the JSC).

There are the following types of document in question:

1. Intermediate The balance sheet is used to pay off creditor and receivable debts. It is usually drawn up by the liquidation commission.
2. Final the balance is calculated to zero. This means that the debit here is equal to the credit. This type of document is final and is drawn up only after all types of debts of the enterprise have been fully paid. And if after this there is something left in the company, then this property goes to the director of the company.

There is no approved document template; it is usually compiled based on form No. 1 “Balance Sheet”.

Detailed information about the liquidation balance can be gleaned from the following video:

Compilation according to the rules

To draw up an interim balance sheet, you need to raise all recent reports, which reflect:

1. Company assets such as work equipment, transport equipment, etc.
2. Buildings and structures, including unfinished construction assets.
3. Long-term financial investments.
4. Short-term investments.
5. Organizational means of intangible type.
6. Various cash spending and asset holdings.
7. Receivables.
8. Advances given to employees or suppliers.
9. Money that is in the cash register of a business or in a bank account.
10. Requirements of persons providing loans.

All this data is entered into the document. All assets, cash, bank accounts, as well as liabilities for debtors are entered in the “asset” column. In the “liability” column, the creditor type of obligations is written, as well as various payments and transfers that must be fulfilled.

The uniqueness of the balance lies in the fact that here debit and credit do not match. This is due to the fact that during the liquidation process the financial situation is constantly changing, since the organization is constantly paying some bills and selling some assets. Despite this, it is still necessary to draw up interim balance sheets. This allows you to exercise control over all actions to repay the company's debts.

Procedure for payment of debts next:

1. The first step is to pay compensation to people to whom the organization is responsible because of the harm that was caused to their life and health, or because of certain inconveniences of a moral or material type.
2. The next step is to fulfill obligations to citizens who worked for the company under an official employment contract. As part of this, delayed salaries, severance pay, bonuses and more must be paid.
3. This is followed by payment of loan-type obligations to various funds. Debts to the state are also repaid.
4. It is necessary to pay debts to the remaining creditors who do not correspond to any of the above groups.

A special commission is also involved in preparing the final liquidation balance sheet, which also draws up special forms for recording data. It records all the results of liquidation that were obtained over a certain period while the organization was winding down its activities.

To date, there are no generally accepted items that the final balance sheet should include.

Thus, all documentation is drawn up depending on the decision made by the commission. But it is obliged to reflect as accurately and completely as possible the picture of the company’s financial obligations, as well as the work done to repay loans and debts.

After drawing up the documents, you need to approve. To do this, a decision is drawn up (in the case of a single owner) or minutes of the general meeting (in the case of several participants) on approval of the final balance sheet.

Actions after compilation

After everything has been calculated and prepared, the documents are transferred to the relevant government bodies, which, in turn, make a decision to completely close the organization. It is the liquidation balance sheet that serves as the basis for removing a company from the register, where all legal entities in Russia are listed.

The liquidation balance sheet is drawn up when the organization is closed. Whether the liquidation balance must be zero or not, in which case a zero liquidation balance occurs, you will learn from our material.

Stages of the liquidation procedure

To get an answer to the question “Should the liquidation balance be zero or not?” Let's look at several points related to the liquidation procedure of an enterprise.

In Art. 61-64 of the Civil Code of the Russian Federation highlight the stages that a company must go through during liquidation:

1. Making a decision by the management body or the sole owner to close the enterprise.
2. Informing the tax inspectorate about the decision made to change data in the Unified State Register of Legal Entities.
3. Approval of the special liquidation commission.
4. Public communication about the cessation of activities, for example, through the media, on Internet resources.
5. Carrying out an inventory of property and liabilities, taking measures to collect receivables and notifying creditors of the liquidation of a legal entity.
6. Drawing up an interim liquidation balance sheet.
7. Final settlement with creditors.
8. Drawing up the final (final) liquidation balance sheet
9. Distribution of the property of a legal entity remaining after satisfying the claims of creditors to its founders (participants).
10. State registration of the results of company closure.

So, during the liquidation process, several liquidation balance sheets can be drawn up: interim and final. However, they should not be the same.

Interim liquidation balance sheet

An interim liquidation balance sheet is drawn up by the liquidation commission only after the deadline for submitting claims by creditors (Clause 1, Article 63 of the Civil Code of the Russian Federation).

The interim liquidation balance sheet must contain information:

• about the property of the liquidated organization (based on inventory results);
• a list of claims presented by creditors and the results of their consideration;
• a list of demands satisfied by a court decision that has entered into legal force, regardless of whether such demands were accepted by the liquidation commission.

Data on property must be confirmed by inventory materials (clause 27 of the PBU on accounting and accounting, approved by order of the Ministry of Finance of the Russian Federation dated July 29, 1998 No. 34n). As a rule, the list of claims presented by creditors and the results of their consideration by the liquidation commission are given in the appendix to the balance sheet; the received document is numbered, stitched and sealed on the back. Thus, based on the requirements for the interim liquidation balance sheet, it can be argued that it cannot be zero.

The interim liquidation balance sheet is approved by the founders (participants) of the legal entity or the body that made the decision on liquidation. In some cases, the interim liquidation balance sheet is approved in agreement with the authorized government body. This procedure is provided for in paragraph 2 of Art. 63 Civil Code of the Russian Federation. Please note that you should not approve an interim liquidation balance sheet if at least one of the following circumstances occurs:

• the court accepted the creditor's claim against the liquidated company for proceedings, and the decision in this case (another judicial act completing the proceedings) has not yet entered into legal force;
• An on-site tax audit is being carried out in relation to the liquidated company, and the final document on it has not yet entered into force.

The law does not directly prohibit the approval of an interim liquidation balance sheet in each of such cases. However, if there is at least one of them, it is impossible to submit a notification to the tax authority about the preparation of an interim liquidation balance sheet (subparagraphs “b”, “c”, paragraph 4, article 20 of the law “On State Registration...” dated 08.08.2001 No. 129-FZ ).

Despite the fact that Law No. 129-FZ does not directly indicate the obligation to submit the interim liquidation balance sheet to the registration authority, it is necessary to submit it, since without an interim balance sheet it will be impossible to verify the reliability of the liquidation balance sheet. And the reliability of the liquidation balance sheet is a necessary condition for registering the liquidation of an organization.

The liquidation balance must be zero or not

After all settlements with creditors have been completed, a liquidation balance sheet is drawn up, which must also be approved by the founders (participants) of the legal entity or the body that made the decision to liquidate the legal entity (clause 6 of Article 63 of the Civil Code of the Russian Federation). And here again the question arises: “Should the liquidation balance be zero or not?” The answer to this question is ambiguous. The fact is that at the moment there is no unified methodological approach, enshrined in the legal acts, to the procedure for compiling indicators of the final liquidation balance sheet. In addition, Art. 63 of the Civil Code of the Russian Federation does not establish the priority of drawing up a liquidation balance sheet before the distribution of property between owners. It only states that both of these actions must occur after the creditor has been repaid. It also makes it difficult to answer the question “Should the liquidation balance be zero or not?” the fact that the issue of the competence of the liquidation commission to independently make a decision on the distribution of property remaining after settlement with creditors among the participants (founders) is not regulated by law.

In principle, both positions are valid: that it should be zero, and that it can have indicators (except for the creditor).

Thus, if we assume that the liquidation commission is authorized to distribute the property remaining after settlement with creditors between shareholders and the liquidation balance sheet can be drawn up after the distribution of property, then the answer to the question “Should the liquidation balance sheet be zero or not?” positive.

If we assume that the decision on the distribution of property remaining after settlement with creditors is made by shareholders, and the liquidation balance sheet must contain information about such property, then the answer to the question “Should the liquidation balance sheet be zero or not?” negative.

Due to the uncertainty of the legislation on this issue, it seems that both of the stated positions may be valid, although each of them has its disadvantages.

Consequences of drawing up zero and non-zero balances

The disadvantage of the first position may be the presence of receivables among the assets of the liquidated organization, the collection of which may take quite a long time, and accordingly, the preparation of the liquidation balance sheet will be postponed for an indefinite period (until all receivables are repaid). The second disadvantage of this position is the uncertainty in the procedure for resolving a possible dispute between the participants regarding which of them should receive the remaining property. According to paragraph 8 of Art. 63 of the Civil Code, in the event of a dispute regarding which of the participants needs to transfer an item, the liquidation commission must sell this item at auction, but it seems that certain difficulties may arise with this issue, because this item, by decision of the liquidation commission, has already been transferred to one of the participants. Obviously, in this case, a zero liquidation balance can be approved only after the dispute between the participants is resolved.

The disadvantage of the second position may be the presence among the assets of the liquidated organization of property subject to transport tax and (or) property tax. In this case, the liquidated organization continues to remain a payer of these taxes, and before the distribution or sale of this property, it continues to form accounts payable for these taxes. And, therefore, in this case the liquidation balance sheet cannot be approved, since there will be tax payables.

Liquidation balance sheet: sample filling

The liquidation balance sheet does not have a specially approved form. It is filled out on the form adopted by order of the Ministry of Finance of the Russian Federation dated July 2, 2010 No. 66. Its name must be indicated: interim liquidation balance sheet or liquidation balance sheet. Such recommendations were given in the letter of the Federal Tax Service of Russia dated 08/07/2012 No. SA-4-7/13101.

On our website you can download the balance sheet form “Filling out Form 1 of the balance sheet (sample)” .

The liquidation balance sheet is prepared according to the same rules as the regular quarterly and annual balance sheets.

Read the article on how to fill out a balance sheet. “Procedure for drawing up a balance sheet (example)” .

There are no special rules for drawing up an interim liquidation balance sheet (you can download a sample of filling out a zero balance sheet during liquidation on our website).

Latest financial statements

And a few more words about the financial statements of a liquidated legal entity. Features of financial statements during liquidation are given in Art. 17 of the Law “On Accounting” dated December 6, 2011 No. 402-FZ. The reporting year of the liquidated company is incomplete. It begins, as usual, on January 1, but ends on the date preceding the date of entry into the Unified State Register of Legal Entities about its liquidation. On the date preceding the date of entry into the Unified State Register of Legal Entities of an entry on the liquidation of a legal entity, the latest financial statements are drawn up. It must be compiled on the basis of the approved liquidation balance sheet and data on the facts of economic life that occurred in the period from the date of approval of the liquidation balance sheet to the date of entry into the Unified State Register of Legal Entities on the liquidation of the company. Thus, the latest financial statements are a successor not to the previous financial statements, but to the liquidation balance sheet.

In sub. 9 paragraph 3 art. 21 of Law No. 402-FZ states that the composition of the latest financial statements, the procedure for their preparation and the monetary measurement of objects in them should establish federal standards. But today such standards have not been approved and the procedure for submitting such reports to any government bodies has not been established.

Results

The liquidation balance sheet can be interim and final. The intermediate version must reflect information about the obligations, property and capital of the organization, and also contain a list of claims presented by creditors, the results of their consideration and a list of claims satisfied by a court decision that has entered into legal force, regardless of whether such claims were accepted by the liquidation commission. The interim liquidation balance cannot be zero.

The final liquidation balance sheet is drawn up after the completion of settlements with creditors and in it the item “Accounts Payable” should be equal to zero. There is no clear answer to the question “the liquidation balance should be zero or not.” The liquidation balance sheet does not have a specially approved form and is filled out on the form of a regular balance sheet.

There are many balance sheets, which are classified according to purpose, content, and filling algorithm. One of the varieties is the so-called. It is compiled to accurately describe the financial position of the company as a result of its termination as a legal entity.

However, before it is directly filled out, an interim liquidation balance sheet is formed, which preliminarily characterizes the real financial condition of the liquidated enterprise.

Why is it needed?

An interim balance sheet is a document that includes data on the composition of the property of a legal entity being liquidated, a list of claims made by creditors, the results of their consideration and satisfaction by the company.

It is created with the goal of not only accurately reflecting the current financial position of the company, but also to identify the optimal “painless” ways to satisfy the new demands of creditors, who in most cases have already lost confidence in the organization.

Such a document must be drawn up at the first request of both the owner and management of the company, and the persons who previously provided loans and pledges.

Who signs and approves it?

The interim liquidation balance sheet is filled out by a special commission. It is created by the owner of the company or a body authorized by him together with the workforce.

The liquidation commission must:

• evaluate the company’s “cash” property (by drawing up a preliminary balance sheet);
• pay off creditors;
• draw up a final balance sheet and provide it to the owner.

What is characteristic is that there is still no normatively accepted form of the document in question. Only a few requirements for it have been legislatively approved:

• written form;
• information on the composition of the property of the liquidated legal entity. faces;
• list of demands from creditors (clause 2 of article 63 of the Civil Code).

The recommended form for filling out is No. 1 “Balance Sheet” (dated 2010). This form does not contain fields where creditor claims and the results of their consideration are indicated, so the latter can confidently be presented in any form - for example, in the form of an act or protocol later attached to the document. Next he signed by the head of the commission.

The balance sheet is approved by the managing body or the participants (co-founders) of the legal entity liquidating the company. The statement can be in 2 formats:

• corresponding marks on the interim balance sheet itself;
• a written decision or protocol attached to it.

In some legally justified cases, the balance is approved in accordance with the requirements of the authorized government agency.

Filling procedure

The document is filled out in the following sequence:

1. Non-current and current assets of the liquidated company: intangible assets, fixed assets, construction in progress, investments, raw materials, finished products, VAT on acquired assets, accounts receivable.
2. Available capital (authorized, additional) and reserves.
3. Long-term and short-term liabilities (loans, credits).
4. Certificate of availability of valuables.
5. Requirements of creditors at the time of document approval.
6. Date of compilation and signature of the chairman of the commission.

Detailed information about this document is presented in the following video:

On what date is it compiled?

The interim balance is drawn up after the expiration of the possible initial repayment of accounts payable and just so that creditors can present new claims.

Thus, the deadline for drawing up the document is 60 days from the date of publication of data on the beginning of liquidation companies in the "Bulletin of State Registration". Unless, of course, the liquidation commission sets a longer period for presenting claims from creditors - and they have the right to do so.

Interestingly, this balance is often drawn up several times, and its possible amount is determined by:

• the duration and nuances of the liquidation period;
• information needs of the company's owners and its creditors;
• changes in the requirements put forward by creditors.

Much more “fatal” is considered to be the final liquidation balance sheet - the final report on the real financial position of the organization, reflecting its assets, liabilities and equity capital available on the date of “destruction”. The liquidation date is the day the company is removed from the state register. This “last” balance is also called zero, since all its items are equal to zero.

Where and when is it served?

The already approved and signed preliminary balance sheet is submitted by its direct compilers to the company registration authority - the Federal Tax Service.

After this, the liquidation commission undertakes to make payments to creditors using the financial resources available to the company, thereby completely repaying the accounts payable.

If there is not enough money, the commission must sell all the tangible and intangible property of the liquidated organization and pay off debts using the proceeds. If even after this not all debts are successfully eliminated, the commission files an application for bankruptcy of the company. The same should be done in the event that the interim balance sheet itself “signals” such a dangerous outcome - according to Russian legislation, from this moment the company is also characterized as bankrupt.

This is precisely the main benefit of this document. Therefore, it is recommended to draw it up as transparently as possible, in compliance with all formal requirements - of which, by the way, there are not so many.