INTERCOMPANY PROFIT

TRANSACTIONS – INVENTORIES
(TRANSAKSI ANTAR PERUSAHAAN INDUK DAN ANAK – PERSEDIAAN)

Hanifa Zulhaimi, S.Pd.,M.Ak

PUSTAKA RUJUKAN
 Advanced Accounting, 10th edition by Floyd A. Beams, Robin P. Clement,
Joseph H. Anthony, and Suzanne Lowensohn. © Pearson Education, Inc.
publishing as Prentice Hall
1: INTERCOMPANY
INVENTORY
PROFITS
(LABA ANTAR PERUSAHAAN ATAS TRANSAKSI
PENJUALAN PERSEDIAAN)
INTERCOMPANY
TRANSACTIONS
 PSAK no 7 tahun 2010  harga jual barang antara entitas induk dan entitas anak harus sama
dengan harga jual ke pihak eksternal ( arms length transaction)
 For consolidated financial statements, ARB No. 51 (as amended by FASB Statement No. 160)
states:
"intercompany balances and transactions shall be eliminated."
MENGAPA HARUS
DIELIMINASI?

Tidak ada
perubahan jumlah
Intercompany Bertransaksi aset/kewajiban, Tidak dapat diakui Harus dieliminasi
transaction dengan diri sendiri
Hanya
perpindahan
ILUSTRASI INTERCOMPANY TRANSACTION

150 jt 100 jt 150 jt

Memberi modal ke anakRp.
150jt

Dijual Rp. 150 jt, seolah2

mendapat laba 50 jt

Anak membayar dengan uang yang diberikan oleh

induk 150 jt

Laba 50 juta merupakan laba yang diperoleh dari uang induk sendiri, tidak dapat diakui sebagai laba, harus
dieliminasi
KETENTUAN DALAM
INTERCOMPANY SALES OF
INVENTORY
 Profits on intercompany sales of inventory
 All recognized if goods have been resold to outsiders
 Deferred if the goods are still held in inventory

 Previously deferred profits in beginning inventory are recognized

UPSTREAM AND
DOWNSTREAM
Downstream
SALES
Sales

Parent
Subsidiary sells
Parent sells to to parent
subsidiary
Subsidiary Subsidiary Subsidiary
1 2 3

Upstream Sales
5-8 © Pearson Education, Inc. publishing as Prentice Hall
INTERCOMPANY SALES OF
INVENTORY
 The worksheet entries for eliminating intercompany profits for downstream sales
 NO INTERCOMPANY PROFITS
IN INVENTORIES
 During 2019, Pretty sold goods costing $1,000 to its subsidiary, Simple, at a gross profit of 30%.
Simple had none of this inventory on hand at the end of 2019.
 All intercompany sales of inventories have been resold to outside parties, so remove the full sales
price from both sales and cost of sales.
 Pretty's sales are reduced $1,429.
 Simple's cost of sales are reduced $1,429.

 Worksheet entry for 2019:

NO INTERCOMPANY PROFITS IN INVENTORIES
Case Journal
 During 2019, Pretty sold goods costing $1,000 cash Sales
cost of
Inventory
sales/COGS
to its subsidiary, Simple, at a gross profit of Nama Keterangan

30%. Simple had none of this inventory on dr cr dr cr dr cr dr cr

hand at the end of 2009. Jurnal Penjualan ke

Pretty simple(mencatat 1429     1429        
 All intercompany sales of inventories have penjualan)
been resold to outside parties, so remove the
  Mencatat Cost of good sold         1000     1000
full sales price from both sales and cost of
sales. simple Jurnal Pembelian ke Pretty   1429         1429  
 Pretty's sales are reduced $1,429.
 Simple's cost of sales are reduced $1,429.  
Jurnal penjualan ke pihak
1429     1429        
luar(mencatat penjualan)

  Mencatat Cost of good sold         1429     1429

eliminasi eliminasi     1429     1429    

Jurnal setelah
  1429     1429 1000     1000
tereleminasi menjadi
INTERCOMPANY PROFITS
ONLY IN ENDING
INVENTORIES
 During 2020, Paul sold additional goods costing $900 to Sal at a gross profit of 40%. Sal has
$200 of these goods on hand at 12/31/2020. Worksheet entries for 2020:
INTERCOMPANY PROFITS ONLY IN ENDING INVENTORIES

Case Journal
 During 2020, Paul sold additional Kas Penjualan
cost of good
persediaan
goods costing $900 to Sal at a gross Nama Keterangan
sold

profit of 40%. Sal has $200 of these dr cr dr cr dr cr dr cr

goods on hand at 12/31/2020. Jurnal Penjualan ke

Worksheet entries for 2020:
Paul 1500     1500        
Sal(mencatat penjualan)

Mencatat Cost of good

          900     900
sold

Sal Jurnal Pembelian ke Paul   1500         1500  

Jurnal penjualan ke
  pihak luar(mencatat 1300     1300        
penjualan)

Mencatat Cost of good

          1300     1300
sold

eliminasi Eliminasi      1500   80 1500   80

Jurnal setelah
  1300     1300 780     780
tereleminasi