How do property companies calculate the purchase of bank wealth management products?

How do property companies calculate the purchase of bank wealth management products?

When purchasing wealth management products:

Debit: trading financial assets-principal

Loans: bank deposits

When it is realized at maturity, according to the actual income, if it is positive income, the investment income is in the lender, otherwise it is in the borrower.

When the income is positive:

Debit: bank deposit

Loan: Trading financial assets-principal

yield

When the income is negative:

Debit: bank deposit

yield

Loan: Trading financial assets-principal

According to the current regulations, if enterprises apply the new accounting standards, wealth management products are accounted as "transactional financial assets" and the interest during the holding period is accounted as "investment income"; When it is recovered, the account of "bank deposit" can be debited and the account of "transactional financial assets" can be credited.

If the enterprise still applies the original accounting system, the wealth management products pass the accounting of "short-term investment", and the interest received during the holding period is treated as the reduction of investment cost. At the time of recovery, the difference between the received amount and the book value, as well as the dividends and interests that have not been received and included in the receivable items, are included in the current profits and losses as investment gains or losses.

How to make accounts for capital preservation wealth management products?

1. Upon receipt of the income from the guaranteed financial products, the accounting treatment is as follows:

Debit: bank deposit

Loan: investment income

Loan: Taxes payable-VAT payable (output tax)

2. When the financial products with guaranteed capital are transferred before maturity, the accounting entries are as follows:

Debit: bank deposit

Loan: Transactional Financial Assets-Cost

Loan: investment income

Loan: Taxes payable-VAT payable (output tax)

3. When the principal-guaranteed wealth management products are redeemed at maturity, the accounting entries are as follows:

Debit: bank deposit

Loan: Transactional Financial Assets-Cost

Loan: investment income

How do property companies calculate the purchase of bank wealth management products?