Can I record the receipt of hotel decoration?

You can record the receipt of hotel decoration.

Decoration expenses shall be amortized for three years according to long-term deferred expenses. If the lease term is less than three years, it can be amortized according to the actual lease term. If the decoration fee is small, it can also be included in the current profit and loss at one time.

The accounting treatment of hotel decoration expenses can be divided into two situations:

1, the hotel's real estate is its own, which is under construction during the renovation period, and will be converted into fixed assets after renovation.

2. If the hotel is operating and leasing, it can be subdivided into two situations for accounting treatment;

(1) If the renovation project is huge and the renovation cost is huge, depreciation shall be accrued according to the shorter lease period or service life;

(2) If the decoration project is not large, enter the subject of "long-term deferred expenses".