ANALYSIS OF THE APPLICATION OF ACRUAL BASED ACCOUNTING FOR INCOME ACCORDING TO TAXATION LAW AT PT. MERAPI UTAMA PHARMA MEDAN

Tantry Suci Chairani, Khairul Anwar Pulungan

Abstract


The aim of writing this thesis is to determine the application of accrual-based accounting to income according to tax law at PT. Merapi Utama Pharma Medan. The analytical method used in this research is descriptive. Data analysis techniques in this study used descriptive analysis techniques. The data source used in this study is secondary data, namely data obtained from the company's written documents. The data collection method used in this study is the method of observation, interviews and documentation in the form of financial report data. Based on the results of research and discussion on the application of Accrual Based Accounting to income according to the Tax Law at PT. Merapi Utama Pharma Medan which is supported by the data obtained, the authors can draw conclusions Overall PT. Merapi Utama Pharma Medan has not implemented tax accounting in accordance with the rules and regulations regulated in the applicable tax law. There is a fiscal reconciliation report because of the difference between revenue and expense recognition in financial accounting and tax accounting. There are 2 types of fiscal reconciliation which are grouped based on their differences, namely fixed differences and time differences. The fiscal reconciliation report occurred due to positive fiscal corrections and negative fiscal corrections. The difference in taxable income (PKP) is caused by costs that are not recognized as costs in accounting according to tax but are recognized according to commercial accounting, where these costs can reduce the company's taxable income (PKP).

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