Accounting procedures in businesses which make construction for floor money

Housing is one of the most important problems of our country. Public enterprises, cooperatives, enterprises which build construction on their purchased land and businesses that make construction for floor money, are trying to resolve these needs.On the other hand , the construction sector has a great importance in the economy of a country. Especially in developing countries, it affects many lower and upper business arms and provides a wide area of employment opportunities.The general objectives of a business are to make profit, to serve society and to have a perpetuate life.To achive these objectives businesses that make construction for floor money, have to set up and manage their accounting systems perfectly and keep their accounting records properly.The aim of this study is to investigate and expose the facts within the framework of uniform accounting system , while taking into account tax laws, building inspection laws and minimum labor applications when setting up accounting systems and keeping their accounting records while managing and conducting other works related with accounting at businesses that make construction for floor money.The most important issue we face in our research, is the absence of a special arrangemenent in the Tax Code for businesses that make construction for floor money. Like any other, in construction businesses accounting transactions are required to comply with tax laws when applying.Because of the absence of a special regulation in Tax Laws for businesses that make construction for floor money, the problems are trying to be solved with the general provisions. Finance Ministry and the State Council decisions on the same subject are also different, even in the same subject there are contradictory decisions. This situation has caused serious problems in practice and varied.To resolve these problems special arrangements are needed in the Tax Law for the businesses that make construction for floor money.