Construction supervision company's costs are generally through the "cost of doing business", supervision fees belong to the monthly settlement, usually without the need for the "labor cost" account over-accounting costs. Labor costs" account over-accounting for costs;
The accounting entries will generally be in accordance with two ways:
One is the direct cost of supervision: wages, special expenses, including office expenses, travel, accommodation, subsidies, books, newspapers, communication costs, medical expenses, transportation costs, etc.; the purchase of instruments and other items; other external service expenditures.
Borrow: the cost of providing labor services
Loan; bank deposits payable to employees and other subjects
Two on the indirect costs: indirect costs, including: managers, administrative staff, logistics staff salaries, allowances, additional salaries, bonuses, etc.; operating costs, office expenses, other fixed assets and commonly used tools and equipment, the use of funds, interest on loans; operational training costs, the purchase of books and other educational expenses. Training fees, purchase of books and materials and other educational expenses; new technology development, research and development, trial fees; consulting fees, employee welfare, labor protection, insurance; administrative activities. Other non-operating expenses. Revenue accounting, in the month when revenue is recognized and invoiced:
Borrow: Accounts Receivable
Loan: Revenue from Main Businesses