Divided into main business income and other business income. Such as commodity sales income of commercial enterprises, product sales income of production and processing enterprises, food and beverage sales income of catering industry, service income of service industry, warehousing income of warehousing enterprises, freight income of transportation enterprises and agency transportation income.
When commodity sales revenue occurs, it should be accounted for by the "operating income" account, debited (increased) to the "bank deposit" or "cash" account, and credited (increased) to the "operating income" account. Part-time income that does not belong to the main business scope of an enterprise shall be treated as auxiliary business income.
First, the relationship between operating income and profit.
Operating income is the income obtained from the main business. Refers to the monetary income obtained by commercial enterprises in selling goods or providing services within a certain period of time.
Profit refers to the operating results of an enterprise in a certain accounting period, which is divided into operating profit, total profit and net profit. Formula:
Operating profit = operating income-operating cost-business tax-period expenses-asset impairment loss+net income from changes in fair value+net income from investment.
Operating income is the main source of profit.
Second, the significance of operating income to enterprises
1. Operating income is the source of funds for enterprises to compensate production and operation expenses. The realization of operating income is related to the normal production activities of enterprises. Strengthening the management of operating income can make all kinds of expenses of enterprises get reasonable compensation, which is conducive to the smooth progress of reproduction activities.
2. Operating income is the main operating result of the enterprise and an important guarantee for the enterprise to obtain profits. Strengthening the management of operating income is one of the important means to realize the financial objectives of enterprises.
3. Operating income is an important part of enterprise cash inflow. Strengthening the management of operating income can enable enterprises to deeply study and understand the changes of market demand, so as to make correct business decisions, avoid blind production, improve quality of enterprise and enhance the competitiveness of enterprises.
Legal basis: People's Republic of China (PRC) Tax Collection and Management Law.
Article 1 This Law is formulated with a view to strengthening the administration of tax collection, standardizing tax collection, safeguarding national tax revenue, protecting the legitimate rights and interests of taxpayers and promoting economic and social development.
Article 2 This Law is applicable to the collection and management of various taxes collected by tax authorities according to law.
Article 3 The collection, suspension, reduction, exemption, refund and supplementary payment of taxes shall be carried out in accordance with the law. Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council.
No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, arbitrarily make decisions on tax collection, suspension, tax reduction, exemption, tax refund, overdue tax and other decisions inconsistent with tax laws and administrative regulations.
Article 4 Units and individuals that are obligated to pay taxes according to laws and administrative regulations are taxpayers.
Units and individuals that have the obligation to withhold and pay taxes according to laws and administrative regulations are withholding agents. Taxpayers and withholding agents must pay taxes, withhold and remit taxes and collect and remit taxes in accordance with the provisions of laws and administrative regulations.