The differences between traditional company loans and trade financing are as follows:
1. Different scope of inclusion
Company loans include: administrative and technical staff, personnel for material procurement, storage, and driving of all kinds of machinery and vehicles, handling and unloading laborers before materials arrive at site warehouses, full-time labor union personnel, medical personnel and other personnel whose salaries are covered by construction overhead or non-operating expenses.
And trade financing includes: income from individuals engaged in design, decoration, installation, drafting, laboratory, testing, medical, legal, accounting, consulting, lecturing, journalism, broadcasting, translation, auditing, painting, calligraphy, sculpture, film and video, performance, acting, advertising, exhibition, technical services, referral services, brokerage services, agency services, and other labor services.
2, the calculation method is different
Corporate loans are calculated as follows:
Net income from operations = income from operations - operating expenses - depreciation of productive fixed assets - production tax +
Net income from renting out houses, net income from renting out other assets, and depreciated net rent from own houses. Net income from property excludes proceeds from premiums on transfer of ownership of assets.
Net Transfer Income The formula for calculating net transfer income is: Net Transfer Income = Transfer Income - Transfer Expenditure
And the formula for calculating trade finance is expressed as: Real Growth Rate of Per Capita Disposable Income = (Per Capita Disposable Income of the Reporting Period / Per Capita Disposable Income of the Base Period)/Consumer Price Index -100%.
3, the role of different
Corporate loans reflect the average level of income of rural residents of a country or region, while trade financing reflects the standard of living of the people.
4, different treatment
According to the marketing strategy company loans should be calculated on an annual basis and prepaid in monthly or quarterly installments. At the end of each month, the enterprise shall transfer the balance of the cost and tax accounts to the debit side of the "profit for the year" account, and the balance of the income accounts to the credit side of the "profit for the year" account.
Then calculate the difference between the current debit and credit of the "salary" account.
The primary purpose of trade finance should be to recognize and measure the impact of differences in accounting and tax laws on the inflow or outflow of future economic benefits to the enterprise, the income tax accounting affects the assets and liabilities of the enterprise in the first place. The income statement debt approach, on the other hand, starts from the view of income and expenses, and considers that the first consideration should be the direct recognition of revenues and expenses related to the transaction or event,
measuring the enterprise's income from the direct matching of revenues and expenses.
Baidu Encyclopedia - Business Loans
Baidu Encyclopedia - Trade Finance