What amortization does the hotel intend to have?

Amortization of organization expenses.

Organization expenses refer to the expenses incurred during the period from the date of approval to the date of starting production and operation (including trial production and trial operation) (that is, the preparation period). Including staff salaries, office expenses, training fees, travel expenses, printing fees, registration fees, and exchange gains and losses and interest expenses that are not included in the purchase and construction costs of fixed assets and intangible assets. The amortization of start-up expenses is a one-time amortization, that is, it is included in the current management expenses at one time in the month when production and operation start.

Under the new standards, the start-up expenses are accounted for in the subject of "management expenses" and directly included in the current profit and loss, and are no longer "long-term deferred expenses" or "deferred assets". The accounting scope of start-up expenses includes the salary, office expenses, training fees, travel expenses, printing fees, registration fees and borrowing costs that are not included in the cost of fixed assets. The tax treatment of start-up expenses under the new tax law is consistent with the new accounting standards, that is, the enterprise deducts the start-up expenses before tax in the current period. Therefore, the accounting treatment and tax treatment of "organization expenses" are no longer separated, but coordinated with each other. In the future, there will be no difference between accounting and taxation in terms of organization expenses, and of course there will be no tax adjustment.