Account 811- Other expenses
1. Accounting principles

This account is used to record expenses incurred from events or operations separated from normal operation of business. Other expenses may include:
- Expenses of liquidating, transferring of fixed assets (including the bidding cost of liquidation). The sum received from the sale of bids of liquidation or sale of fixed assets is recorded a decrease in the cost of liquidation or sale of fixed assets;
- Negative difference between the fair value of assets divided from Business cooperation contract and the cost of capital investment in assets under joint control;
- Net book value of dismantled fixed assets;
- Net book value of disposals of fixed assets (if any);
- Losses from differential in revaluating materials, goods, fixed assets contributed in subsidiary companies, joint ventures, invested in associates, in other long - term investments;
- Fine payable from economic contract breach, administrative violations;
- Other expenses
b) Expenses that are not considered as expense of corporate income tax under the provisions of the law on tax but have full invoices and are accounted for in accordance with accounting policy are not recorded a decrease in accounting costs but only adjusted in final corporate income tax declaration to increase the corporate income tax payable.

2. Structure and content of account 811 - Other expenses
Debit side: Other expenses incurred.
Credit side: At end of account period, posting total other expenses incurred during period to Acc 911 ―Income Summary‖
Account 811 does not have ending balance.

3. Method of accounting for several major transactions
Accounting for operations of selling, liquidating of fixed assets:
- Recording other income from transferring liquidating fixed assets, record :
Dr 111, 112, 131,...
Cr 711 - Other Income
Cr 3331 - VAT payable (33311)(if any).
- Recording a decrease in fixed assets used for production and business, now are transferred, liquidated, record:
Dr 214 - Accumulated Depreciation (value of depreciation)
Dr 811 - Other expenses (Net book value)
Cr 211 - Tangible fixed assets (cost)
Cr 213 - Intangible fixed assets (cost)
- Recording expenses incurred during period for transfer and liquidating operations of fixed assets, records :
Dr 881 - Other expenses.
Dr 133 - Deductible VAT (1331) (If any)
Cr 111, 112, 141,...
- Recording sums received from the sale bids relating to the liquidation or sale of fixed assets, record :
Dr 111, 112, 138...
Cr 881 - Other expenses.
b) When dismantling fixed assets, record :
Dr 214 - Accumulated Depreciation (value of depreciation)
Dr 811 - Other expenses (Net book value)
Cr 211 - Tangible fixed assets (cost)
Cr 213 - Intangible fixed assets (cost)
c) Accounting for other expenses incurred when revaluating materials, goods, fixed assets invested in subsidiary companies, joint-venture, associates: Comply with the provisions of accounts 221, 222, 228.
d) In case of transformation of business ownership (except transformation of 100%-state-owned enterprises into joint-stock companies), if allowed to revaluate of enterprises at the time of transformation, for assets assessed increase, record :
Dr 881 - Other expenses.
Cr related accounts
dd) Accounting for fines from economic contract breach, administrative violations, record:
Dr 881 - Other expenses.
Cr 111, 112.
Cr 333 - Tax and payables for government (3339)
Cr 338 - Other payables
e) At end of account period, transferring total other expenses incurred during period to determine operating results, record:
Dr 911 - Income Summary
Cr 881 - Other expenses.

Source: Circular 200, Article 94