How to make accounting entries of housing agency fees
When paying the housing intermediary fee, it can be accounted through the management fee intermediary fee subject. How to prepare the relevant accounting entries?
Housing intermediary fee entry
1. Expenditure:
Debit: management fee intermediary fee
Credit: bank deposit (or cash on hand)
2. Revenue:
Debit: bank deposit (or cash on hand)
Credit: other business income (or main business income)
The management expenses include the company's expenses incurred by the board of directors and the administrative department in the operation and management of the enterprise, or should be borne by the enterprise (including the salary of the administrative department's staff, repair costs, material consumption, amortization of low value consumables, office expenses and travel expenses, etc.), labor union expenses, unemployment insurance premiums, labor insurance premiums Board expenses (including board members' allowances, conference expenses, travel expenses, etc.), fees for hiring intermediaries, consulting fees (including consulting fees), legal fees, business entertainment fees, technology transfer fees, mineral resources compensation fees, research fees, pollution discharge fees, and fixed asset repair costs incurred by the enterprise's production workshops and administrative departments.
Difference between main business income and other business income
Different concepts
The main business income refers to the income obtained from the continuous and main business activities of an enterprise. The main business income accounts for a large proportion of enterprise income, which has a decisive impact on the economic benefits of enterprises.
Other business income refers to the income obtained by an enterprise from engaging in other business activities other than its main business activities. It accounts for a small proportion of enterprise income.
Different accounting contents
The accounting content of the "main business income" account includes the income from the main business such as selling goods and providing labor services.
The accounting content of the "other business income" item includes the income realized by leasing fixed assets, leasing intangible assets, leasing packaging and commodities, selling materials, using materials for non monetary exchange (non monetary asset exchange has commercial substance and fair value can be reliably measured) or debt restructuring.