Excuse me, the property company always collects property fees one year or six months in advance. How to deal with accounts? It is recorded in advance and then transferred to the main business income e

Excuse me, the property company always collects property fees one year or six months in advance. How to deal with accounts? It is recorded in advance and then transferred to the main business income every month. Article 5 (8) 14- income of the Guidelines for the Application of Accounting Standards for Business Enterprises stipulates that the service fees charged for providing repeated services to customers for a long time shall be confirmed when relevant service activities occur.

Article 9 of the Regulations for the Implementation of the Enterprise Income Tax Law stipulates that the calculation of taxable income of enterprises is based on accrual basis and belongs to the income and expenses of the current period, regardless of whether the money is received or not. The income and expenses that do not belong to this period, even if the money has been received and paid in this period, are not regarded as the income and expenses of this period. Except as otherwise provided by this Ordinance and the competent departments of finance and taxation of the State Council.

Therefore, it is recorded in advance, and then transferred to the main business income every month.