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Function of logistics industry
Function of logistics industry

A little accounting knowledge every day, accounting entries in logistics industry.

I. Income

Debit: accounts receivable/bank deposits/cash on hand.

Loan: main business income, tax payable-VAT payable-output tax.

Second, carry forward the transportation cost.

Debit: main business cost, tax payable-VAT payable-input tax.

Credit: accounts payable -XX Company.

Three. Welfare and health care expenses

Borrow: management expenses-employee welfare expenses, taxes payable-value-added tax payable-input tax.

Loan: cash/bank deposit.

Fourth, pay the courier fee.

Borrow: management fee-courier fee, payable tax-payable value-added tax-input tax.

Loan: cash.

Five, pay the property management fee

Borrow: management fee-property management fee, payable taxes-payable value-added tax-input tax.

Loan: cash/bank deposit.

Inconsistent verbs collect money.

Debit: Bank deposit.

Credit: accounts receivable -XX Company.

Seven. pay

Debit: Accounts Payable -XX Company.

Loan: Bank deposit.

Eight, pay the handling fee

Debit: financial expenses-handling fee.

Loan: bank deposit.

Nine, pay the housing provident fund

Debit: management expenses-housing provident fund, other receivables-withholding individual housing provident fund.

Loan: bank deposit.

X. current payment

Debit: other receivables -XX, other payables -XX.

Loan: bank deposit.

XI。 Interest received

Debit: Bank deposit.

Loan: Financial expenses (indicated in red).

XII. Paying taxes

Borrow: Taxes payable-

1. Income tax payable.

2. Unpaid VAT.

3. Urban maintenance and construction tax should be paid.

4. Education surcharge.

5. Local education surcharge.

Loan: bank deposit.

Thirteen. Payment of social security

Debit: management fee-social insurance premium, other receivables-social insurance deduction (personal part).

Loan: bank deposit.

Fourteen, pay personal income tax

Borrow: taxes payable-personal income tax payable.

Loan: bank deposit.

15. Accrued wages

Debit: management fee-employee's salary.

Loan: Payable to employees.

Sixteen, pay last month's salary

Debit: payable to employees.

Loan: other receivables-social security; Provident fund; Taxes payable-personal income tax: bank deposit.

17. Freight insurance

Borrow: management fee-freight insurance.

Loans and other receivables -XX Company.

Eighteen, pay the storage fee

Borrow: management fee-storage fee.

Credit: cash on hand/bank deposit.

Nineteen, fuel card recharge

Borrow: management fee-refueling fee.

Loan: cash.

Twenty, courier fee

Borrow: management fee-courier fee.

Credit: Cash on hand.

Twenty-one, pay tolls

Borrow: management fee-toll.

Credit: Cash on hand.

Twenty-two travelling expenses

Borrow: management expenses-travel expenses.

Credit: Cash on hand.

Twenty-three, depreciation

Debit: management expenses-depreciation expenses.

Credit: accumulated depreciation.

Twenty-four, provision of value-added tax

Borrow: Taxes payable-VAT payable-Transfer out unpaid VAT.

Loan: Taxes payable-VAT unpaid.

Twenty-five, tax and additional provision

Debit: taxes and surcharges.

Loan: Taxes payable-

1. Urban construction tax.

2. Additional education expenses.

3. Local education surcharge.

4. Stamp duty.

Twenty-six, withholding income tax

Debit: income tax expense.

Loan: taxes payable-income tax payable.

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