How to write the accounting entry of security service fee?

Other companies provide the company's security service, and the company pays the security service fee, which is generally accounted for by management fees, main business costs and other subjects. How to make relevant accounting entries?

Accounting entry of security service fee

General companies are included in the management costs:

Borrow: management fee-security service fee

Loans: bank deposits/cash on hand/accounts payable

If it is the security fee hired by the property management company:

Debit: main business cost-security cost

Credit: cash on hand, etc.

What is the main business cost?

The main business cost refers to the cost of selling goods, providing services and other business activities. Enterprises generally transfer the cost of selling goods and providing services to the main business cost when confirming the main business income such as selling goods and providing services, or at the end of the month.

An enterprise shall set up the subject of "main business cost" and make detailed accounting according to the main business type, which is used to calculate the actual costs incurred by the enterprise due to daily activities such as selling goods, providing services or transferring the right to use assets, debit this subject and credit the subjects such as "goods in stock" and "labor cost". At the end of the period, the balance of the main business cost will be transferred to the "profit this year" account, debited to the "profit this year" account, and credited to the "profit this year" account. After carry-over, there is no balance in the "main business cost" account.

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.