How to calculate the cost of self-built hotels by enterprises

(A) accounting for self-operated projects

Basic account required for self-operated project accounting: "engineering materials" and "projects under construction".

"Engineering materials" is used to calculate the cost of various materials prepared by enterprises for projects under construction, including engineering materials, equipment that has not been installed and tools and instruments prepared for production.

Under the subject of "Engineering Materials", detailed accounts such as "Special Materials", "Special Equipment", "Prepaid Large Equipment" and "Tools and Instruments for Production" can be set up for detailed classified accounting.

"Construction in progress" accounts for the actual costs incurred by enterprises in infrastructure projects, installation projects, technical transformation projects and major repair projects. , including the value of equipment to be installed.

Under the subject of "Construction in Progress", you can set detailed subjects such as "Construction in Progress", "Installation Project", "Equipment in Installation" and "Expenditure to be Apportioned" and individual projects for detailed classified accounting.

When purchasing materials prepared for the project, "engineering materials-special materials and special equipment" shall be debited and "bank deposit", "accounts payable" and "notes payable" shall be credited according to the actual cost and the value-added tax indicated on the special invoice.

When purchasing large-scale equipment in advance, debit "engineering materials-prepayment of large-scale equipment" and credit "bank deposit"; When receiving the equipment and making up the equipment payment, debit "engineering materials-special equipment" according to the actual cost of the equipment, credit "engineering materials-prepaid large equipment" according to the prepaid price, and credit "bank deposit" according to the paid price.