What accounting items are commonly used in hotels?

The accounting subjects and accounting processes commonly used in hotels are as follows:

1. Raising funds

(1) Investing funds: cash on hand/bank deposits

Loan: paid-in capital

(2) Borrowed funds

1. When borrowing, borrow: bank deposit

Loan: short-term borrowing

2. Borrow when paying interest: financial expenses

Loan: bank deposit

3. Borrow when repaying: short-term borrowing

Loan: Bank deposit

2. Preparation

(1) House

1. Self-built house (1) Purchase materials and borrow: project materials

Loan: bank deposit

(2) Material borrowing: project under construction

Loan: project materials

(3) Manual borrowing: project under construction

Loan: employee salaries payable

(4) Water, electricity and sanitation fees, etc. Loan: construction in progress

Loan: bank deposits

(5 ) Borrow when completion: fixed assets

Loan: construction in progress

2. Renting houses and renovating houses

(1) Borrow when expenses are incurred: long-term Amortization expenses

Credit: bank deposits

(2) When amortizing on a monthly or quarterly basis, borrow: management expenses

Credit: long-term deferred expenses

(2) Machinery and equipment (air conditioners, stereos, cars)

1. Borrow when purchasing: fixed assets

Loan: bank deposits

2. When calculating depreciation on a monthly basis, debit: administrative expenses

Credit: accumulated depreciation

(3) Materials (raw materials, turnover materials)

1. Raw materials (1) For items that need to be put into storage, such as staple foods, dry goods, and other materials, they should be inspected and put into storage when purchased and kept by dedicated personnel;

(2) For items that do not need to be put into storage, such as non-staple foods , Fresh products can be used as they are purchased. When purchased, they must be handed over directly to the kitchen for acceptance before use.

2. Turnover materials (1) Storage: tables, chairs, benches, beds and bedding, tablecloths, bowls, etc. for recycling

Borrow: Turnover materials

Loan : Cash on hand

(2) Insufficient inventory: disposable chopsticks and napkins are directly included in expenses

Debit: administrative expenses

Credit: cash on hand

3. Operations

(1) Purchase of materials

1. Purchase of bulk materials Borrow: raw materials

Loan: cash on hand/bank deposits

2. Debit for purchasing regular materials: main business costs

Credit: cash on hand

(2) Debit for purchasing goods: inventory goods—— Warehouse - XX commodities

- Bar counter - XX commodities

Loan: Cash in stock

(3) Receive materials

Borrow: Main business costs

Credit: raw materials

Debit: administrative expenses

Credit: turnover materials

(4) Receipt Goods

Debit: Goods in stock - Bar - XX Goods

Credit: Goods in stock - Warehouse - XX Goods

(5) Calculate wages at the end of the month

Debit: administrative expenses

Debit: employee salaries payable

(6) Water, electricity and heating

Debit: administrative expenses

Loan: cash on hand

(7) Obtain income

Debit: cash on hand/bank deposits/accounts receivable

Loan: main business Business income

(8) Purchasing invoices (the company refers to the service industry, and the following mainly talks about how individuals pay taxes when buying invoices)

Tax types:

Business tax; Face amount × 5%

Urban construction tax; business tax × 7

Educational business tax × 3%

Local education business tax × 2%

Personal tax face amount × 10% × 25%

Debit: taxes payable—business tax

—urban construction tax

—education attachment

——Dijiao

——Personal income tax

Loan: bank deposits

IV. Financial results

(1) ) Provision for business, city, education, and income taxes (check the invoices and calculate taxes based on the amount of the invoices issued)

Debit: business tax and surcharges

Debit: taxes payable— —Business tax (output amount × 5%)

—Urban construction tax (business tax × 7)

—Educational attachment (business tax × 3%)

——Dijiao (business tax × 2%)

——Personal income tax (face amount × 10% × 25%)

(2) Carryover income

(3) Costs and expenses carried forward

(4) Net profit carried forward at the end of the year