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How to record the expenses of the property company after opening an account after receiving the invoice?
For the operation of the company, the production cost is inevitable. Bank bills operated by companies are vouchers issued by relevant personnel after handling business in banks. For a company, certain bills will be purchased when it is established, which leads to well-known work costs. Specifically, the meaning of production cost includes the production cost of related items, that is, the material cost of items. This fee is usually used for related voucher fees and vouchers in the accounting field. As a basic cost, production cost also needs to be recorded for later accounting.
In the company's accounting records, although the cost of production expenses is not huge, it should be recorded according to the basic accounting entry principle. In practice, accountants often use debit and credit bookkeeping to balance production costs. There are two main situations: the first is when the company is just established, when the cost of opening a bank account needs to be credited to the borrower's financial expenses (cost) and the lender's bank deposit. It means that the company deducts some funds from the bank to pay for these expenses. The second is the general cost of production after the establishment of operation. At this time, it is necessary to credit the debit's financial expenses (handling fees) and the lender's bank deposits. There is no obvious difference between them on the surface, but in fact they belong to different branches of financial expenses of accounting entries and should be treated differently.
Production costs can be attributed to the company's financial expenses. Within the scope of accounting, financial expenses are defined as the funds and expenses generated by the company's daily business activities. Therefore, it can be seen from this definition that although the cost of production is not large, it is also one of the links in the daily operation of the company. Therefore, it is very important for the development of the company to clearly record the production costs and financial expenses.
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