Minimum self-employed advance payments in 2025 at a glance?

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Estimated items, like accruals, serve in accounting to comply with the principle that costs and revenues need to be recorded in a material and temporal context. At the same time, estimated items affect not only the accounting itself, but also the income tax base, and without them, both the financial statements and the tax return are not prepared correctly.

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Contents
Difference between accruals and estimated items
Estimated active accounts
Estimated passive accounts
Conclusion
Difference between accruals and estimated items
Accruals are used in cases where, at the time of posting, we know the purpose, amount and period to which the accounting case relates. On the other hand, estimated accounts are used in a situation where we know the purpose and period, but do not know the exact amount. This is where the term estimated item comes from – we do not know the exact amount and we estimate its amount.

However, estimating the amount is not looking out of the window or divination from a crystal ball. Also, estimated gambling data brazil accounts are not used for tax optimization, so that we can "throw" some amount into tax expenses. On the contrary, correctly created estimated items should lead to a true and fair representation of the facts in accounting. Therefore, the amount of estimated items created must always be substantiated and the estimated item must be determined as precisely as possible .

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Estimated active accounts
Estimated active accounts (account 388) are used in a situation where we need to project income into the current accounting period for which we know the purpose and period, but do not know the exact amount . We only estimate the amount of income. This is an active account expressing a receivable. For example, we account here for a receivable from an insurance company due to an insurance claim, when we have not yet received a confirmed amount of compensation from the insurance company, but we have a confirmed entitlement to the claim. We also account here for interest income to which we are entitled, but we do not know its exact amount as of the date of preparing the financial statements.