How does the property company do the accounts of collecting and paying water and electricity fees?

When the property agent collects and pays the water and electricity charges on behalf of the enterprise, it is included in other payables when the enterprise receives the collected water and electricity charges, and the amount of other payables is deducted when paying the collected money. The entry is,

Debit: bank deposit,

Credit: other payables.

When paying the collected money,

Debit: other payables,

Loan: bank deposit.

If an enterprise collects money and collects service fees on its behalf, it shall confirm the corresponding income and taxes when paying the money.