What should the accounting entries of the property fees paid by the company do?

Now many companies rent office buildings, and the property management companies of office buildings have to charge some property management fees. If you don't know much about this part of knowledge, use deep space science!

Which accounting subject should the paid property management fee be included in?

The property fees paid by the company shall be included in the management fees, and the relevant accounting entries are as follows:

Borrow: management fee-property management fee

Credit: cash on hand/bank deposit.

If the property fee is pre-stored.

Debit: advance payment-property fee

Credit: cash on hand/bank deposit.

When apportionment is made every month.

Borrow: management fee-property fee

Loan: advance payment-property fee

The amount apportioned each month depends on the property fees paid.

If a property company collects property fees, how should accounting entries be made?

When collecting property fees

Debit: bank deposit/cash on hand.

Loan: income from main business

Property fees paid by enterprises or self-employed individuals, which are used for office operations, are included in the period expenses, and those belonging to the production department are included in the manufacturing expenses.

Debit: management expenses/sales expenses/manufacturing expenses.

Loan: bank deposit/cash on hand.

If there is a property management company, then it is necessary to pay a certain property management fee. There are certain standards for property management fees. You can refer to the property fee collection standard issued by the state.