What is the account of rent in accounting?

1. One-time payment, amortization in installments. Advance rent, debit: advance payment.

Credit: Bank deposits (or cash on hand).

Amortized rent, debit: management expenses (or sales expenses and other accounts) - lease fees.

Credit: Accounts prepaid.

2. Use first and pay in a lump sum when due. Withholding on a monthly basis.

Borrow: Administrative expenses (or accounts such as selling expenses) - lease fees.

Credit: Withholding expenses.

At the time of payment. Debit: Withholding expenses.

Credit: Bank deposits (or cash on hand).

For lessors: included in other business income;

For the lessee, it is necessary to divide the purpose of the rent, which is directly used for production and operation and included in the manufacturing expenses; Rent used for sales department or sales purposes is included in the sales expense; The remainder is included in administrative expenses.

It depends on the purpose of your rental home

The amount used for production and operation is credited to the manufacturing expense.

Credited to the sales department as a selling expense.

Credited administrative expenses for the management department.

The remuneration payable for staff dormitories shall be credited to the remuneration payable to employees, and then attributed to the corresponding expense accounts according to the nature of employees.

One-time payment, amortized in installments. Prepaid Rent, Borrow: Prepaid Accounts Credit:

Bank deposit (or inventory cash) amortization lease, borrow: management fee (or sales fee, etc.) - lease fee loan: prepaid accounts 2, first made, due to the lump sum.

By Withholding: Management Fee (or Sales Fee, etc.) - Rental Fee Credit: Withholding Fee Borrowing at the time of payment

Withholding Fee Credit: Silver Deposit (or Inventory Cash).

Rent expenses are recorded in the "Management Expenses and Lease Expenses" account, and in the case of production buildings, they are recorded in the "Manufacturing Expenses and Lease Expenses" accounts.

Generally, the rent paid is calculated in the management expense - rent, and if the rent is received, it is done as the company's other business income - rental income.

There are two types of cases in which rent is included in the accounting account:

1. Rent a house and pay rent:

1. If it is for office use, it will be used as management expenses, if it is for production, it will be used as manufacturing expenses, and if it is used for warehouses, it can be used as operating expenses.

2. As for whether it is amortized, it depends on whether it is a rent of more than one year or a rent that belongs to a spanning calendar year, if not, it can not be amortized, if so, it should be amortized at least annually. In practice, more regulated enterprises are amortized on a monthly basis.

2. Rent out the house to collect rent

1. Generally, it enters other business income, and if the company is engaged in rental business, it enters the main operating income.

Rent is included in accounting accounts such as manufacturing expenses, administrative expenses, and selling expenses.

The payment of rent is included in the accounting accounts such as manufacturing expenses, administrative expenses, and sales expenses. Rent received is included in the other business income account.

Accounting entries for payment of rent:

Debit: Advance payments. Credit: Bank deposits.

Recognized Expenses: Borrow: Manufacturing Expenses, Administrative Expenses, Selling Expenses. Credit: Accounts prepaid.

Rental Accounting Entries Received:

Borrow: cash in hand bank deposits. Credit: Other business income.

Tax Payable – VAT payable (output tax).

Provision for depreciation: borrowed: other operating costs. Credit: Accumulated depreciation.

Leasing is an economic act of borrowing physical goods at a certain cost, and the lessor hands over a certain item in his possession to the lessee for use, and the lessee thus obtains the right to use the item for a period of time, but the ownership of the item remains in the hands of the lessor. The lessee pays a fee to the lessor for the right to use it. Housing lease refers to the act of the lessor (generally the owner of the house) renting the house to the tenant for use, and the lessee pays rent to the lessor.

Rent accrued account:

1. Look at the lease period: if the rent paid is less than 1 year, it will be included in the prepaid account; If the rent paid is more than 1 year, it will be included in the long-term amortized expense account.

2. Look at the purpose of renting: if it is for office use, it will be included in the management expense account; If it is for production, it is included in the manufacturing expense account.

3. See whether amortization is required: amortization is required for more than one year, and amortization needs to be carried out according to the actual benefit period; There is no need for amortization within one year. When amortized, the debit side is charged to the administrative expense or manufacturing expense or selling expense account, and the credit side is credited to the prepayment or long-term amortized expense account.

4. Rental income: If the house is rented out to collect rent, it will be included in the "other business income" account; If the company is engaged in the rental business, it is included in the "main business income" account.

The payment of rent is creditedLedger accountsFor the cost of manufacturingManagement fees, sales expenses, etc., and the accounting account of the rent received is other business income.

Other business income refers to the main business income of the enterprise.

In addition to the inflow of economic benefits formed through daily activities such as the sale of goods, the provision of labor income, and the transfer of the right to use assets, such as the sale of materials, materials and packaging, the transfer of intangible assets, and fixed assets.

Leasing, packaging rental, transportation, waste materials** income, etc.

For example, the rent expenditure of the house should be included in the corresponding accounting account according to the specific purpose of the house:

1. The plant used for product production can be included in the manufacturing expenses.

2. The office building used for operation and management shall be included in the management expenses.

3. The sales department used for sales shall be included in the sales expense account.

As for whether it is amortized, it depends on whether it is a rent of more than one year or a rent that falls across calendar years. If it is not a canon, it can not be amortized, and if it is, it should be amortized at least annually. In practice, more regulated enterprises are amortized on a monthly basis.

The entries are prepared as follows: Rent payer accounting: Debit:

Manufacturing Expenses Lease Fees Management Expenses Lease Fees, Credit: Cash or Bank Deposits, Rent Collector Records as follows: Loan:

Cash or bank deposits Credit: main business income or other business income Lease income.

The income from the rent of the house shall be included in other business income, and the payment shall be included in the management expenses. The deposit is included in other receivables, and the rent for half a year is paid this month, borrowing: management expenses for 1 month Borrowing: expenses to be amortized 5 months Credit: bank deposit 6 months of rent.

The deposit paid should be included in other receivables, and when paid this month, it can be borrowed: long-term amortized expenses Credit: bank deposits Cash on hand Other receivables Long-term amortized expenses are amortized monthly during the lease period.