How to do the accounting entries of labor costs generated by the maintenance of property companies?

For the labor costs caused by the maintenance of property companies, enterprises usually set up management fee-maintenance fee accounting subjects for accounting. How to make specific accounting entries?

Accounting entries of labor costs generated by maintenance of property companies

1. The property management company shall bear the maintenance costs:

Borrow: management fee-maintenance fee

Loans: bank deposits

Month-end carry-over:

Debit: this year's profit

Loan: management fee-maintenance fee

2. Pay labor costs:

Borrow: management fee-maintenance fee

Loan: Payable to employees (wages of maintenance workers)

Raw materials (collected materials, if purchased, directly pay monetary funds)

Bank deposits/cash on hand (monetary funds paid)

What is the management fee?

Management expenses refer to the expenses incurred by the administrative department of an enterprise for organizing and managing production and business activities. Specifically, it includes company funds, trade union funds, unemployment insurance premiums, labor insurance premiums, directors' membership fees, agency fees, consulting fees, attorney fees, business entertainment expenses, office expenses, travel expenses, post and telecommunications expenses, greening expenses, manager's salary and welfare expenses. Refers to the expenses incurred by the board of directors and the administrative department in the operation and management of the enterprise.

Management expenses belong to the period expenses, which are included in the current profits and losses, and the enterprise shall pass the

Management cost

The occurrence and carry-over of account accounting management expenses. The management expenses incurred by the debit-registered enterprise in this course shall be transferred to the credit registration period.

Current year profit

The management expenses for undergraduate purposes should be carried forward without balance, and detailed accounting should be carried out according to the cost items of management expenses.