How should property company accountants keep accounts?

Every industry will involve accounting, so what should property company accountants do when doing accounting? If you don't understand this part of knowledge, come and learn from Deep Space Network.

Next, let's take a look at the accounting-related accounting treatment of the property company.

1, when depositing cash

Debit: bank deposit -XX Branch of XX Bank

Credit: Cash on hand

2. Cash withdrawal

Debit: Cash on hand.

Loans: bank deposits

3. When paying taxes in advance

Borrow: Taxes payable-business tax

Borrow: Taxes payable-Urban Construction Tax

Borrow: Taxes payable-education surcharge

Loans: bank deposits

4, pension tax refund by mistake

Debit: bank deposit

Loan: other payables-endowment insurance premium.

5. Pay the telephone charges for work on behalf of employees.

Debit: other receivables-employees-telephone charges

Loans: bank deposits

6. Charge the electricity fee of the telecom company.

Debit: bank deposit

Credit: accounts received in advance

7, the telecom company's electricity bill

Debit: advance payment-electricity fee

Loan: management fee-electricity fee

8. Transfer unit time deposit

Borrow: other monetary funds-time deposit

Loans: bank deposits

Accounting subjects commonly used by property companies

1, accounts received in advance

2. Account collection

3. Other payables

4. Escrow funds

5. Production cost

6, property engineering

7. What about the water and electricity charges collected by the property management company? What subjects are included?