The procedure for mutual settlements between individuals and legal entities. Cash payment limit

We continue to tell you how to minimize business risks. Today we will talk about what you need to consider if you purchase goods or services from individuals.

Sometimes, business purposes may require the one-time services of someone who does not work for your company. Or perhaps you want to buy real estate from an individual.

If this person is not registered as an individual entrepreneur, then this will be a transaction between an enterprise and an individual. And here it is important to take into account the requirements of the law so that in the future there are no claims and fines from the tax inspectorate. And when making payment for a transaction, the bank may also request documents.

CAREFULLY MAKE PAYMENTS WITH INDIVIDUALS.

What exactly are the risks?

An organization (or individual entrepreneur) that pays an individual for services becomes a tax agent*. Therefore, the company must calculate, withhold and pay personal income tax to the budget.

The tax must be withheld directly from the income of an individual upon actual payment and transferred to the budget no later than the next day*.

Please note: if in an agreement with an individual you indicate that he must pay personal income tax on his income, then this condition will be considered void. That is, the obligation to pay tax will not be removed from you**.

*Tax Code of the Russian Federation, art. 226, paragraph 4 and paragraph 6.

**Letter of the Ministry of Finance of Russia dated April 25, 2011 No. 03-04-05/3-292.

What could be the consequences?

If personal income tax is not calculated, withheld and paid by the organization, the tax office may fine the company in the amount of 20% of the non-transferred tax and charge penalties*.

And when making settlements with individuals without paying personal income tax, the bank may ask to provide supporting documents for transactions, and also block remote access to the account if it suspects that the purpose of the transactions is income laundering**.

* Tax Code of the Russian Federation, art. 46, art. 123 and art. 75.

**Letter of the Central Bank of the Russian Federation dated April 27, 2007 No. 60-T.

How to avoid risks?

1. Be sure to draw up an agreement with an individual to provide a service or perform work, or purchase something.

2. If an individual provides services to you, you become a tax agent. Remember that when paying remuneration you need to withhold personal income tax and pay it to the budget no later than the next day.

3. If you pay for goods/services of an individual in cash, fill out the documents correctly: the documents for issuing funds must indicate the details of the recipient of the money - an individual, including his passport details.

4. If you purchase any goods from an individual, be sure to check whether this transaction is included in the list of income not subject to taxation*. If documents from an individual are needed to confirm this, ask for them and make copies for your records.

5. If you have questions about completing a transaction, contact an experienced accountant.

*Tax Code of the Russian Federation Art. 226, Art. 217.

Question

Good afternoon, please tell me whether an organization using the simplified tax system (cash register is registered) can accept funds from an individual, if possible, provide links to laws

Answer

The parties have the right to include in the contract a condition on payment of rent in cash.

The law allows the use of this type of payment when carrying out business activities (clause 2 of article 861 of the Civil Code of the Russian Federation). However, there is a limit on the amount of cash payments.

In accordance with the Directive of the Bank of Russia dated October 7, 2013 N 3073-U “On cash payments,” the maximum amount of cash payments under one agreement is 100,000 rubles. or an amount in foreign currency equivalent to 100,000 rubles. at the official exchange rate of the Bank of Russia on the date of cash payments.

Thus, the total amount of payments made by the tenant for the entire term of the contract cannot exceed 100,000 rubles. In case of violation of the restriction, the tenant may be held administratively liable under Art. 15.1 Code of Administrative Offenses of the Russian Federation. If the tenant cannot ensure compliance with these requirements, it is not recommended to agree on a condition for paying rent in cash. However, there will be no risks for the landlord in this situation.

Related questions:

1. 
   LLC usn 6%. We rent out a premises of 70 sq. m. Can we take rent from the tenant in cash to the company's cash desk? Tenant IP. rent amount 206,000
   ✒…...
2. 
   Tell me what is the limit for cash payments between Individual Entrepreneurs within the framework of one agreement?
   ✒ In accordance with clause 6 of the Bank of Russia Directive dated October 7, 2013 N 3073-U, cash payments in Russian currency......
3. 
   Hello! Individual entrepreneur provides consulting services for LLCs in cash. The LLC plans to withdraw cash for payment from its current account and issue it from the company’s cash desk using an expense cash register......
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   The organization does not receive cash revenue. There was cash left in the cash register, previously withdrawn from the bank for household needs. The limit has not been exceeded. Is it possible to pay salaries from this money, or is it necessary......

In the process of financial relationships between organizations, cash and non-cash payments are possible. In most cases, legal entities, of course, prefer to use the first option. Payments using bank accounts are a standard format for transferring compensation for goods and services provided by one legal entity to another.

However, "cash" has not yet left the practice of transactions between organizations. Legally, cash payments between legal entities (as well as individual entrepreneurs) are permitted. However, the legal norms regulating this process contain a large number of nuances. Let's study them.

Sources of law

How cash payments between businesses should be carried out is regulated by several legal acts. Experts consider the Central Bank Decree of October 7, 2013 “On Cash Payments” to be one of the key ones. This source of law was registered by the Ministry of Justice and became a mandatory by-law for commercial organizations and individual entrepreneurs. The effective date of the document is June 1, 2014.

Also, the process of settlements between legal entities using cash is regulated by the Regulations of the Central Bank and a number of other legal acts at the federal level, such as the Civil Code of the Russian Federation, the Federal Law “On the use of cash registers”.

A number of laws regulate, by the way, cash payments between legal entities not only in rubles, but also in foreign currency. True, such operations are applicable only when Russian firms interact with foreign ones. Within the Russian Federation, all payments are made only in rubles.

Uncontrolled by law

It is probably worth talking about those entities that cannot carry out cash payments provided for by current Russian laws. That is, the Central Bank regulations do not apply to them. This is primarily an individual who is not registered as an individual entrepreneur. These are entities that make payments in accordance with the norms of customs and tax laws. This is, finally, the Central Bank itself, as well as other financial institutions (within a separate circle of operations with funds).

Cash register and equipment

The most important condition when working with cash is correct fiscalization. That is, it is important for the state, represented by the Federal Tax Service, that all necessary taxes are paid on funds received by the company. If non-cash channels are used in payments, then the movement of finances can be tracked quite easily - all necessary information about them is stored in bank databases. If the company accepts payments in banknotes, then information about incoming funds should be reflected in other formats. As a rule, these are fiscalized files from cash register equipment (CCT) or paper strict reporting forms (SSR).

By default, individual entrepreneurs and organizations are required to use cash register systems whenever payment is made in cash. There are exceptions. But there are relatively few of them. Entrepreneurs can make cash payments without a cash register in the following cases:

• if the company operates under UTII (at the same time it issues an analogue of a receipt to clients and customers, reflecting the fact of payment for the purchase or use of services);

• if it is possible to issue those same BSOs instead of checks.

There are, however, some types of financial transactions that do not fall under the definition of “trading”. Accordingly, it is not necessary to use cash registers for their fiscalization. These include accepting payments for loans, fines, and returning working capital to the cash desk by sellers.

Conditions for cash payments

A company intending to make cash payments to individuals and legal entities must meet a number of criteria. Namely:

• have a cash book at your disposal;

• have the resources to carry out work on special orders;

• have properly registered types of CCP.

Among lawyers, there is an opinion that these rules are invalid in relation to monetary payments between legal entities, since cash register, based on the norms of a number of laws, is intended to issue checks to entities purchasing goods without their subsequent use in business activities. That is, individuals. However, there is also an opposite point of view. It is based on some decisions of the Supreme Arbitration Court of the Russian Federation, according to which the use of cash register systems can be carried out regardless of the legal status of the buyer of a product or consumer of a service. Cash payments, therefore, when using cash register systems, can be made both with individuals and with organizations and individual entrepreneurs.

The intricacies of legal norms

What prompted the discussion in question? Should entrepreneurs worry about whether the Federal Tax Service will want to interpret the law in its own way? Experts say there is no need to worry. And that's why.

On the one hand, of course, cash payment is a procedure that is primarily designed for financial interaction between businesses and individuals. In accordance with the Civil Code of the Russian Federation, as soon as the seller issues the buyer a cash receipt or other similar document that confirms the fact of settlement, the conclusion of the purchase and sale agreement is recorded.

You can use the purchased product, if you follow the requirements of the law, for personal purposes or to transfer it to family members. As we said above, subsequent entrepreneurial activity (optionally, in the form of resale of goods) is not expected. In turn, a legal entity is an entity that, as a rule, involves corresponding activities of a commercial nature.

CCT is mandatory for everyone

Another common thesis in the business community, which is recognized by experts as incorrect, is that when accepting cash from one legal entity from another, it is not necessary to issue a cashier's check - you just need to issue an appropriate type of order. It's not like that at all. Lawyers note that we are only talking about the fact that checks are, in principle, cash payments themselves - an element most characteristic of relationships between businesses and individuals. And therefore, lawyers believe, some sources of law may emphasize that issuing this document is an obligation of businesses in relation to buyers who are not organizations or individual entrepreneurs. But it does not at all mean that it is not necessary to provide a check to legal entities.

The use of cash register systems is therefore mandatory for cash payments between organizations.

Some experts call for special attention to the fact that the Law regulating the use of cash register businesses does not say that buyers should be divided into individuals and legal entities.

Legal acts of this type only include regulations reflecting the need to use CCP in certain cases.

In addition, as some lawyers note, the CCT Law does not say anything about the mandatory use of CCT (as well as exemption from the use of this type of equipment) when paying for a specific type of product or service. Thus, it does not matter what is the subject of a transaction between legal entities carried out in cash.

Specifics of settlements between legal entities

What are the specifics of cash payments between legal entities? Experts note the relevance of the following rules governing such relationships in business.

Firstly, a company that sells goods (or provides services) must issue buyers of products (or consumers of services) the “paper” elements required by law - cash receipts (and, if necessary, sales receipts) or legally equivalent BSOs. In this case, the fact of the transaction must be recorded in the fiscal mechanism of the cash register, regardless of whether the buyer asked for the corresponding document or not.

Secondly, cash payments between legal entities, as well as in the case of similar procedures with the participation of individuals, must be carried out subject to the execution of transactions using receipt orders. Also, the selling company is required to maintain a cash book.

Thus, as soon as one legal entity provides services for another or sells something, the transaction is recorded with a check and at the same time a cash order is issued (which reflects the amount of the transaction). Some lawyers believe that some relaxation applicable to the noted procedures is acceptable.

Cash payments between legal entities may not be accompanied by the issuance of a cash order after each payment if the purchase and sale transaction process is carried out outside premises specially equipped for issuing fiscal documents. Experts believe that it is possible to comply with all formalities prescribed by law even at the end of the working day. It is quite acceptable, lawyers believe, to draw up one “summarizing” cash order for all purchase and sale transactions concluded up to this point.

Subtleties of reporting to the Federal Tax Service

Cash payments between legal entities, as we said above, require filling out receipt orders, as well as maintaining cash books. The correctness of these procedures is usually controlled by tax authorities. The Federal Tax Service, in accordance with the Federal Law on the use of cash register systems, can:

• check the completeness of profit calculations and the cash payment procedure;
• study the documents used by the organization in the process of working with cash register equipment;
• check how cash receipts are issued;
• if a violation is detected, fine the organization.

What happens if you don’t take CCT?

Organizations and individual entrepreneurs that accept funds from legal entities without a cash register will have to deal with significant penalties. Similarly, if the company refuses to issue the buyer (or the counterparty, if they pay in cash) cash receipts and other necessary documents. In some cases, the Federal Tax Service inspector, of course, may limit himself to a warning. However, he can also issue a fine - up to 40 thousand rubles. And also report the offense to the police.

Restrictions on cash turnover

Russian legislation contains rules limiting cash payments between legal entities. And quite significant ones. What is the current cash payment limit? What is the policy of regulatory organizations regarding this method of financial interaction between legal entities?

The main source of law, which contains regulations regarding how cash payments should be made when the parties to the transaction are organizations or individual entrepreneurs, is the Regulation of the Central Bank of the Russian Federation, approved back in 1997, but which has not lost its relevance to this day.

This legal act, in particular, contains a rule according to which businesses are obliged to move free funds - those in paper bills - to banks and not accumulate them, thereby, in cash registers. The maximum that a store or service can keep outside of financial institutions is determined by law. This is the so-called "cash limit".

In addition, only those funds should be available in cash, the feasibility of which is determined by the objective economic needs of the company. The value of the “limit” is determined according to a special document - form No. 04-08-020, which is officially approved. The actual figures are determined by the company's management, and they are certified by the general director and chief accountant.

There is another type of limit established for such a procedure as cash payment. It concerns the maximum amount of one transaction concluded between legal entities, and, according to lawyers, reflects the interest of regulatory agencies in businesses following the same instructions on storing banknotes in a bank. What is the cash payment limit? Today it is 100 thousand rubles. In turn, cash payments between individuals and organizations can occur without restrictions.

Bank instead of the Federal Tax Service

The most interesting thing is that it is not government departments or the Federal Tax Service that are called upon to monitor compliance with the limits in question, but the banks with which businesses interact. They are required to monitor whether firms are limiting cash payments with other legal entities, how correctly the approval of “cash limits” and other procedures is proceeding.

Banking structures check the work of their clients, guided by algorithms recommended by the Central Bank.

If the limit is exceeded

What is the responsibility of organizations for exceeding both types of “limits” and not entirely correctly, according to the assessment of the Central Bank and the financial institutions under its control that conduct cash transactions? Experts note that the following types of offenses recorded by banks are most common:

• cash is not capitalized in full;
• banknotes accumulate in amounts exceeding the standards established in internal corporate settlements;
• actually exceeding the “limit” on transactions.

The violations in question may result in a fine of up to 50 thousand rubles.

Subtleties of working with BSO

Having released the goods for cash, the organization can issue to the buyer in the status of a legal entity not a check printed by KKM, but a strict reporting form. What are the nuances of using BSO?

There is an opinion among experts that strict reporting forms may not necessarily be paper. It is quite acceptable, lawyers believe, to keep them and provide them to legal entities in electronic form. However, the software used when working with BSO must ensure complete protection of these documents from unauthorized use by third parties. In addition, experts note, the computers where BSO files are supposed to be stored must be sufficiently reliable so that all transactions with forms are stored on them for 5 years.

BSO, with the help of which cash payments can be organized, must contain all the necessary details that are specified in the regulations governing their use. What could we be talking about here? What details are required? Everything depends, experts say, on the type of activity of the organization.

For example, if a company provides services, then the BSO may contain information about them according to the all-Russian classifier. The form may also contain rules relevant for the provision of a particular type of service, and the address of the organization’s website. The company develops the design of the BSO independently - there are no strict regulations in this regard. The only exception is companies providing passenger transportation services. For them, the BSO must comply with the format approved by law.

What is the liability for a company’s refusal to provide BSO? If the organization that accepted cash from the counterparty does not issue a strict reporting form, then this action will be regarded by the regulatory authorities as similar to a cash receipt. And therefore the company may face the same fine of up to 40 thousand rubles.

How can you spend cash?

Above, we talked about the restrictions characteristic of cash turnover during settlements between legal entities, in the form of two types of “limits”. But there are also other types of prohibitions regarding transactions of entrepreneurs with banknotes.

Individual entrepreneurs and organizations can spend free cash to finance the following main obligations:

• employee salaries;
• transfer of insurance amounts;
• payment for services and work of other companies;
• payment for the supply of goods.

An individual entrepreneur who used cash payments cannot use the resulting funds for his personal needs without registering them as taxable income (unless, of course, the entrepreneur works on UTII, when the amount of actual revenue does not matter). However, as experts especially emphasize, there are no problems with withdrawing the required amount of funds from the current account.

Which, in turn, is quite possible (and this is even welcome - we said this above) to be replenished with cash receipts from counterparties. In this sense, the line between the concepts of “cash” and “non-cash” payment, as some experts note, is erased upon receipt of funds in the company’s bank account.

If, nevertheless, an organization or individual entrepreneur needs cash to carry out certain procedures (for example, issuing travel money, paying for real estate rent, etc.), then experts recommend taking it not from proceeds from counterparties, but from the company’s current account in jar. In this case, however, lawyers advise obtaining documents in advance that can confirm the fact that the cash received at the cash desk was written off from the current account, and not as a result of transfers for work or the sale of goods from contractors or individuals.

Legitimate ploy

There is one interesting fact regarding restrictions on the use of cash from the cash register by organizations and individual entrepreneurs. On the one hand, there is a list of operations that are prohibited to be carried out using banknotes - we gave some examples above. However, as some lawyers note, entrepreneurs, at the same time, have an excellent chance to avoid liability for carrying out such procedures.

The fact is that the statute of limitations regarding precedents involving violations of cash transactions is only two months. It is unlikely, experts say, that the inspection authorities are monitoring the company so closely that they are guaranteed to identify possible violations. Issuing fines after the fact, lawyers believe, is illegal. But experts still do not recommend that entrepreneurs use this feature of the legislation regarding cash payments.

Directive of the Central Bank of the Russian Federation dated October 7, 2013 No. 3073-U establishes a limit for cash payments between legal entities in 2019. Payments between individuals in cash are not limited.

The main innovation is that for some cash payments, legal entities and individual entrepreneurs will be able to spend only money withdrawn from a bank account and deposited into the cash register.

There is a ban on issuing cash from the cash register from cash proceeds for purposes not mentioned in the instructions of the Central Bank. That is, in order to issue a loan to an employee, you need to take cash proceeds, hand it over to the bank, then receive the loan amount in cash from the bank by check, and only issue the loan from the cash received from the bank. Naturally, the servicing bank receives profit in the form of a commission for accepting and issuing cash. This, apparently, is the main purpose of the ban, so that people pay more commissions to their bank.

From proceeds, loans, return of unspent accountable money and all other amounts received at the cash desk not from the account of your organization (IP), cash payments not listed in the list of permitted ones cannot be made.

And here are the pleasant innovations of cash payments - an individual entrepreneur has the right to withdraw proceeds from the cash register for his personal needs without any limit on the amount. It is enough to draw up a RKO - (consumables) with the wording “For personal (consumer) needs of individual entrepreneurs.”

But the maximum limit for cash payments remained unchanged: 100,000 rubles.

within the framework of one agreement between legal entities and individual entrepreneurs (hereinafter referred to as participants in cash payments).

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Who are the participants subject to the cash payment limit? 100 000 The maximum amount for cash payments is

• rub. This restriction applies to cash payments:
• between organizations;
• between an organization and an individual entrepreneur;

between individual entrepreneurs.

within the framework of one agreement between legal entities and individual entrepreneurs (hereinafter referred to as participants in cash payments).

Settlements with the participation of citizens are carried out without limiting the amount. That is, a company or entrepreneur has the right to receive or transfer cash amounts to citizens without restrictions and not to comply with the cash payment limit.

What does the cash payment limit NOT apply to?

• Cash can be spent without restrictions in the following cases:
• salary payments;
• payment of social charges;
• issuing money on account;

within the framework of one agreement between legal entities and individual entrepreneurs (hereinafter referred to as participants in cash payments).

spending funds on the personal needs of the entrepreneur, provided that the payment will not be directed to his business activities.

CENTRAL BANK OF THE RUSSIAN FEDERATION

Text of resolution No. 3073-U of the Central Bank of the Russian Federation On Cash Payments

This Directive establishes the rules for making cash payments in the Russian Federation in the currency of the Russian Federation, as well as in foreign currency, in compliance with the requirements of the currency legislation of the Russian Federation.

1. This Directive does not apply to cash payments with the participation of the Bank of Russia, as well as to:

cash payments in Russian currency and in foreign currency between individuals who are not individual entrepreneurs;

banking operations carried out in accordance with the legislation of the Russian Federation, including regulations of the Bank of Russia;

within the framework of one agreement between legal entities and individual entrepreneurs (hereinafter referred to as participants in cash payments).

making payments in accordance with the customs legislation of the Russian Federation and the legislation of the Russian Federation on taxes and fees.

So, we see that the Directive establishes a Cash Payment Limit for payment of cash settlements between legal entities and individual entrepreneurs since 2014, which has not changed in value and is equal to 100,000 rubles under one agreement.

Is it possible to carry out transactions with the same counterparty in the amount of more than 100 thousand rubles on one cash day?

Yes, it is possible under several contracts for no more than 100 thousand rubles. one contract per day. It is written: “Cash payments in Russian currency and foreign currency between participants in cash payments within one contract concluded between the specified persons."

Attention!

If the subject of the agreement and all other conditions remain the same in other agreements, then there is a high probability that the court may recognize (some courts do recognize) such agreements as “one agreement.”

Issuing cash to an employee for a business trip report

You can issue them, including at the expense of cash proceeds, and there will be no violation of cash discipline in this case. Because money spent on a business trip is an expense for the organization, that is, payment for goods, work, and services purchased in its interests. And it is allowed to spend cash proceeds on such payment. It doesn’t matter whether you give money in advance or reimburse employees for amounts already spent.

within the framework of one agreement between legal entities and individual entrepreneurs (hereinafter referred to as participants in cash payments).

Fine for failure to comply with cash discipline

If a legal entity or individual entrepreneur exceeds the amount of 100,000 rubles. according to one agreement, this is considered a violation of the procedure for working with cash. There is a fine for this.

For organizations, its amount ranges from 40,000 to 50,000 rubles. For a responsible employee (official) - from 4,000 to 5,000 rubles. But inspectors have the right to hold an organization accountable within two months from the date of the violation (Part 1 and Subsection 6, Part 1).

Arbitration practice confirms this position. So, for example, for violating the cash payment limit, you can prosecute the organization that receives the money (resolution of the Federal Antimonopoly Service of the Volga-Vyatka District dated November 30, 2010 in case No. A28-2959/2010). Moreover, even if the money is paid by the entrepreneur (resolution of the Federal Antimonopoly Service of the Volga-Vyatka District dated February 18, 2010 in case No. A28-16681/2009).

The same procedure applies to settlements under an exchange agreement. In it, both parties are both buyer and seller (

No. 34N provides that when conducting mutual settlements between buyers and sellers, such a document is an agreement on the offset of mutual claims, which means the termination of payment obligations. Such an agreement is the “Act of Settlement”. In this case, to draw up an act of offset, a written statement from one of the parties is sufficient.

Settlement with an individual

Tax agents calculate the amount of personal income tax on the date an individual actually receives income. This date is determined in accordance with Art. 223 Tax Code of the Russian Federation. From January 1, 2019, paragraph 1 of Art. 223 of the Tax Code of the Russian Federation was supplemented with subsection. 4 (amended by Federal Law No. 113-FZ dated May 2, 2015). It determines that the date of actual receipt of income by an individual is the day of offset of counter-similar claims.

Cash payments between legal entities in 2019

It is important to remember that restrictions on the maximum size of settlements between legal entities for cash in 2019 do not apply when transferring money by individuals. This exception applies only if citizens are not registered as individual entrepreneurs (clause 1 of the Directives of the Central Bank of the Russian Federation dated October 7, 2013 No. 3073-U).

Cash payment limit

It follows from the text of the Central Bank Directive that the “cache” restriction concerns actions specifically under a single agreement without a limit on time and number of transactions. Let's consider cases when cash payments in excess of the established limit between legal entities and/or individual entrepreneurs are allowed:

Settlements between legal entities and individual entrepreneurs in cash

• a restriction has been established according to which a businessman cannot resort to the use of cash if one agreement provides for a payment amount exceeding 100,000 rubles;
• you can use the available cash to pay customs duties or pay wages to subordinates;
• accept “cash” from consumers in any quantity, and without any restrictions;
• all proceeds are the direct property of the entrepreneur, which he has full right to dispose of by personal decision.

Limit of cash payments between legal entities and individuals in 2019

• in relations between participants in monetary settlements within the framework of a civil contract throughout its validity;
• When cash is issued by a bank or other credit institution in accordance with agreements on the return of balances, they are transferred to a special account with the Central Bank.

Cash payments between legal entities and individuals

The same article establishes the rules according to which citizens can pay in cash in any amount. Legal entities and individual entrepreneurs, when the need arises to make payments, in most cases must do this by bank transfer. They can also use cash, but in this case there are a number of restrictions directly established at the legislative level. Moreover, the restrictions relate not only to compliance with the intended purpose of the payment, but also to the execution of the calculation itself, the availability of primary accounting documents and the entry of amounts in the appropriate columns of the financial statements.

What is the limit of settlements between legal entities and individuals?

Individuals, on the contrary, are not subject to any limit related to restrictions on cash transactions. From this we can come to the conclusion that, as in the case of individual entrepreneurs, mutual settlements between an individual and a legal entity are not subject to restrictions (limit). The state has not established any additional limits for such operations for 2019. Such mutual settlements between individuals and legal entities can take place according to the following algorithm:

Agreement of mutual settlements between an organization and an individual

Most often, non-cash payments are used between legal entities, of course, because when paying for products or services we are almost always talking about large sums. But the Civil Code also allows business entities to make payments in cash, if this does not contradict other legislative acts. For example, if two individual entrepreneurs have entered into an agreement for an amount of more than one hundred thousand rubles, it is impossible to pay for it in full in cash; the payment will have to be made in two parts:

How to properly conduct cash payments between an individual and a legal entity? Schemes, restrictions, amounts

Expense transactions are documented with an expense cash order. If the money is deposited at the bank, a receipt and warrant will be issued. The receipt is filed with the cash register, and the order is filed with the cash book. This document is maintained by all organizations working with cash, regardless of the organizational and legal form and type of taxation (clause 4 of Article 346.11 of the Tax Code of the Russian Federation).

Organizations with individual entrepreneurs, if they wish to pay bills in cash, must follow the provisions Instructions dated 10/07/2013 under registration number 3073-U, published by the Central Bank of Russia. The norms of the document establish a range of restrictions when conducting cash transactions between different categories of payers and recipients of funds, and form the basis of cash discipline for enterprises.

How much is the limit for cash payments between legal entities and individuals?

Cash circulation is regulated by various federal acts and Central Bank Regulations. Within the Russian Federation, payments are made only in rubles, however, if a Russian company works with foreign companies, then payments in another currency are also possible (a number of laws regulate such turnover).

Cash settlement limits between legal entities and individuals in 2019

1. The nuances of making payments through the cash register between legal entities
2. What restrictive measures on payments through the cash register are provided for organizations?
   • Limit per contract
3. Features of cash payments between enterprises and citizens
4. Accountable amounts
5. What are the consequences of violating the cash payment limit?

Settlement agreement

• date with the place of conclusion of the agreement;
• names of the parties to the transaction;
• information about representatives of participating companies with reasons for their powers;
• listing of financial obligations that are expected to be repaid by offset for each party, indicating for each amount which of the counterparties acts as a creditor (the documentary justification for the occurrence of debts is deciphered in as much detail as possible - numbers and dates of contracts, the nature of obligations and their exact amount);
• how to set off offset in an agreement - if the amounts of debts of both parties completely coincide, the amount of offset of the entire amount is indicated, if there is a partial match, the smallest value of the debt is taken for offset, the balance is indicated as an outstanding obligation, which is subject to transfer by the debtor within a certain time frame by bank transfer or will be repaid in a different way.

Settlement between two organizations: a sample of how to do it in 2019

• obligations with an expired statute of limitations;
• obligations related to compensation for harm caused to the life or health of citizens;
• obligations related to the collection of alimony;
• obligations related to the lifelong maintenance of citizens;
• obligations that have not yet come due;
• obligations of the organization against which bankruptcy proceedings have been initiated.