The operating results calculated by accrual basis and cash basis are often inconsistent, right?

The operating results calculated by accrual basis and cash basis are often inconsistent, right? In an accounting period, the operating results calculated by accrual basis and cash basis are often inconsistent.

If there are no previous restrictions, then the proposition is wrong.

Accrual basis and cash basis answer whether accrual basis is the right of economic business or transaction in the most easy-to-understand words, that is to say, you can confirm income when you sell goods, instead of waiting until you receive money. Cash basis is the day before you receive money or payment.

What do accrual basis and cash basis mean? Can you give an example? For example, if you sell (buy) a commodity, but the money has not been received (paid) and the risk and value of the commodity have been transferred, then under the accrual basis, the money is recognized as your income (expenditure), while the cash basis is based on the actual receipt and payment.

There is no formula for the relationship among accrual basis, cash basis and deposit balance of hotels. Accrual basis and cash basis are the basis of accounting. The accrual basis of production and use in operating enterprises is the basis of accounting, and the cash basis of production and use in administrative institutions is the basis of accounting. After receiving the deposit, the accounting entries of the operating enterprise are:

Debit: bank deposit

Credit: other payables

Accounting entries when administrative institutions receive the deposit:

Debit: bank deposit

Loan: temporary collection

The capital flow of operating enterprises is circular, while the capital flow of administrative institutions is one-way. Therefore, the accounting basis of production and use is different.

Hotels are accrual-based enterprises.

When the rights and obligations of the current period occur at the same time, such as the money and goods received in the current month, under what circumstances should the accrual basis and cash basis be included in the same way?

The current period is the same accounting period, which can be one month, one quarter or one year, depending on the specific business. Of course, the current period here generally refers to the same month.

What's the difference between accrual basis and cash basis? Can you give me a specific example? Thank you very much For example, 720 yuan, the annual property management fee of 20 10, was paid in June of 20 10.

If the accrual basis is adopted and 720 yuan shares it every month, then the cost of 1 month is 60 yuan, and there will be a property fee in 60 yuan every month.

If the cash basis is adopted, the property fee in 720 yuan will be 5438+0 in June, and there will be no property fee in the following months.

Enterprises generally adopt accrual basis, and institutions and non-profit units generally adopt cash basis.

How to calculate under accrual basis and recovery basis? The standard of the recovery system is money.

The standard of accrual basis is rights and responsibilities.

For example, this month's property fees are generally not paid until next month. If it is cash basis, the fee will be confirmed when it is paid next month. Accrual basis has accrued expenses this month, that is, expenses and liabilities can be confirmed this month, and only cash is needed to offset liabilities next month. .

Cash basis, also known as pay-as-you-go system, also known as cash basis, is based on the actual amount received or paid to determine the current income and expenses. The actual income received and expenses paid in the current period, whether it belongs to the current period or not, are treated as the income and expenses of the current period; On the other hand, if there is no actual receipt and payment in this period, even if it belongs to this period, it will not be treated as income and expenses in this period. Because the receipt and payment of money is actually based on cash payment, it is generally called cash basis. Accrual basis of creditor's rights, also known as A/R and A/P basis, refers to the standard for enterprises to confirm income and expenses according to whether the income rights and expenditure obligations belong to the current period, rather than whether the actual income and expenditure of funds occur in the current period, that is, A/R and A/P basis. Under the accrual basis of creditor's rights, all income and expenses realized in this period, whether actually received or actually spent, should be received or paid in this period, and will not be treated as income and expenses in this period. Because it doesn't care about the receipt and payment of money, it is based on whether income and expenses belong to the current period, so it is called accrual basis. For example, if you receive the advance payment from the debtor and issue a full invoice, the accrual basis is the amount on the invoice, while the cash basis is only the amount of the advance payment received.

Can you give an example to illustrate the difference between accrual basis and cash basis? The more popular the better. Thank you for purchasing the goods, and you are temporarily in arrears.

The accrual basis is as follows:

Borrow: raw materials

Credit: accounts payable

The cash basis is as follows:

We'll talk about it when we pay

What are accrual basis and cash basis? I hope parents can put it in a popular way: the goods have been sold and the ownership of the goods has changed. According to this regulation, can it be regarded as the sales of the company? Under this regulation, although the customer has not paid, it can be sold.

Cash basis: although the goods have been delivered to the customers, the customers' payment will be delayed, so it can't be regarded as the company's sales at this time, and it can't be regarded as sales until the money is collected.