What do other payables include?

The calculation formulas of other payables are liquidated damages, temporary payment receivable, charter and deposit, as follows:

1. Payables for fixed assets and packaging materials leased from operation;

2. Wages that employees fail to receive on time;

3. Deposits received (such as income package deposits, etc.). );

4. Payable and temporarily received funds from subordinate units and individuals;

5. Other payables and temporary receipts.

Under normal circumstances, this account accounts for the money payable and temporarily received by enterprises from other units or individuals, such as the rent payable for renting fixed assets and packaging materials, the money paid by the deposit payable and temporarily received by subordinate units and individuals, and the decoration deposit received by the owners and property managers within their jurisdiction; The overall pension payable to employees, as well as the accounts receivable temporarily paid by superior units and subordinate units.

In case of various payables, temporary receipts or refunds, the enterprise shall debit "bank deposits" and "management fees" and credit "other payables"; When making relevant payments, debit the account of "other payables" and credit the account of "bank deposit".

The funds transferred by the enterprise through after-sale repurchase shall be debited to the subject of "bank deposit" and credited to the subject according to the actual amount received. The difference between the repurchase price and the original sales price shall be accrued with interest expenses on schedule during the after-sale repurchase period, debited to the subject of "financial expenses" and credited to this subject.