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ACCOUNTS
II. Functioning of accounts

Class 7. Revenues

 

Income from operating activities is recorded in the following accounts: 70 " Sales of manufactured goods, services and goods for resale ", 71 " Changes in inventory of finished goods and work in progress ", 72 " Own work capitalized ", 74 " Operating grants " and 75 " Other operating income ".

Income related to financial activities is recorded in account 76 " Financial income ".

Income from exceptional items is recorded in account 77 " Exceptional income ".

Reversals of depreciation, amortization, impairment losses and provisions are recorded in account 78 " Reversal of depreciation, amortization, impairment and provisions " with a distinction between operating, financial and exceptional income.

Transfers of expenses are recorded in account 79 " Transfers of expenses ".

Income in Class 7 is recorded net of taxes collected. As an exception, entities recording their income including V.A.T., subsequently restore the amount net of tax collected by debiting the relevant accounts of Class 7 globally for each tax period by crediting account 4457 " Taxes on turnover collected by the company ".

 
70. Sales of manufactured goods, services and goods for resale
71. Changes in inventory of finished goods and work in progress
72. Own work capitalized
74. Operating grants
75. Other operating income
76. Financial income
77. Exceptional income
78. Reversal of depreciation, amortization, impairment and provisions
79. Transfers of expenses
 
 
 
 
 
 

 
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