Equipment leasing fees are accounted for as follows:
If the equipment is rented out, when the rent is collected, your unit should issue a leasing invoice, and account for it according to the invoice. Borrow: bank deposits, etc.; credit: main business income (or other business income). If the equipment is leased in, when paying rent, your unit will be recorded according to the leasing invoice obtained. Debit: administrative expenses or manufacturing costs, etc. - leasing fees; Credit: bank deposits, etc.
The lessee does not need to account for the leased asset as an asset of the enterprise and does not need to depreciate it. Since the lease contract is temporary and can generally be canceled by either party on relatively short notice, the obligation to pay rent promised to the lessee generally does not need to be recorded as a liability on the balance sheet, but should be expensed evenly over the term of the lease.
If the rent is paid in the month following the month of the lease, in the month in which the obligation to pay the rent occurs, it should be credited to "other payables - lease payable". If the rent is paid in advance, the prepaid rent should be accounted for in the "amortized expenses" account; if the deposit is paid, it should be accounted for in the "other receivables - deposit" account. Accounting.
According to the cashier transferred a variety of original documents for review, after the audit is correct, the preparation of vouchers. According to the bookkeeping vouchers to register a variety of ledgers. At the end of the month for accruals, amortization, carry forward vouchers, all vouchers are summarized to prepare a summary of vouchers, according to the summary of vouchers to register the general ledger.
Close and reconcile the accounts. To do evidence consistent with the accounts, accounts consistent with the accounts, accounts consistent with the actual. Preparation of accounting statements, to achieve accurate figures, complete content, and analyze and explain. Bind the bookkeeping vouchers into a book and keep it properly. The basis of accounting bookkeeping refers to the basis of accounting recognition, measurement and reporting, specifically including accrual and cash basis.
Accruals, also known as accruals or receivables and payables, means that revenue and expenses should be recognized on the basis of the actual incidence of revenue and expenses, rather than actual receipts and disbursements. The cash basis, also known as the cash basis, means that the actual receipt or payment of cash as the criteria for recognizing revenue and expenses, is a basis of accounting that corresponds to the accrual basis.
In China, government accounting consists of budget accounting and financial accounting. Among them, the budget accounting using the cash system, the state council otherwise provided, in accordance with its provisions. Financial accounting using the accrual system.