The relationship between the cost of the main business and the cost account

The cost of main business belongs to the profit and loss account. The cost account is an account that reflects the cost collection and calculation process of the enterprise's inventory in the process of acquisition or formation. It reflects the outflow of economic benefits from enterprises for the production of products and the provision of services.

It indicates the consumption of the economic resources of the enterprise for a certain cost calculation object (such as a certain product, a certain type of product, a certain batch of products, a certain production step, etc.). Including: Direct crediting to the class cost accounts mainly include:

production costs (including: basic production costs, auxiliary production costs), etc.;

The allocation to the cost account mainly includes: manufacturing expenses, etc.

The cost of the main business is an account when the cost of the product sold is carried forward in the sales process. Hope it helps!

The cost of main business reflects the actual cost incurred by the enterprise in operating the main business, which belongs to the profit and loss account. Cost accounts are accounting accounts that reflect costs and expenses, are used to account for the occurrence and collection of costs, and provide cost-related accounting information. The different contents of costs and expenses can be divided into production costs and manufacturing expenses.

When actually incurred, it will be transferred to the corresponding main business or other business costs. Therefore, the cost of the main business does not belong to the cost account.

The cost of main business refers to the cost that should be carried forward when an enterprise recognizes the income from its main business, such as the sale of goods and the provision of labor services. The main business cost of an industrial enterprise is the "cost of product sales", which is carried forward from the accounts of "finished products", "self-made semi-finished products", "goods issued by installments", and "production costs".

Let me answer: the cost of the main business and the income of the main business are matched with each other, that is, if your income from selling a batch of goods is assumed to be 50,000 yuan (excluding VAT), then the cost of the enterprise to process this batch of goods is 30,000 yuan. The cost generally consists of three parts:

One is the direct material; the second is direct labor (workers' wages); The third is manufacturing costs. However, the title of the main business cost here has changed, and the main business cost is regarded as the expense of offsetting the main business income in accounting. I hope that my answer will be of some benefit to you, and I will be very pleased.

The cost of main business refers to the direct cost that the company must invest in the production and sale of products or services related to the main business, mainly including raw materials, labor costs (wages) and depreciation of fixed assets.

"Cost of main business" is used to calculate the actual costs incurred by an enterprise in its daily activities such as selling goods, providing labor services, or transferring the right to use assets. Under the "Cost of Main Business" account, a sub-account should be set up according to the type of main business for detailed accounting. At the end of the period, the balance of this account should be transferred to the "Profit of the Year" account, after which there should be no balance in this account.

For most industries, the cost of main business is the largest item in the income statement, so it needs to be analyzed and grasped. Investors should first clarify the composition of the company's main business costs and the proportion of each part, and then judge the change trend of the main cost composition one by one, such as for the manufacturing industry, labor and depreciation costs usually do not change much, and the procurement cost of raw materials and parts is the key object of analysis, such as the main cost of the cable industry nearly 2 3 refined copper ** even if there is a 10% fluctuation will have a significant impact on profits. The company can effectively reduce the main operating costs through scale effect and internal control.

The main accounting treatment of the cost of the main business.

1) At the end of the month, the enterprise shall calculate the cost of the main business that should be carried forward according to the actual cost of various commodities sold and various services provided in the month, debit this account, and credit the "inventory goods" and "labor costs" accounts.

If the planned cost or selling price is used to account for the inventory of goods, the usual operating cost shall be carried forward according to the planned cost or selling price, and at the end of the month, the difference in product cost or the difference between the purchase and sale price of the goods sold in the current month shall also be carried forward.

If an enterprise uses inventory commodities to exchange non-monetary assets (where the exchange of non-monetary assets has commercial substance and fair value can be reliably measured) or debt restructuring, this account shall be debited and the "inventory goods" account shall be credited according to the book balance of the inventory commodities used for exchange or debt redemption. If a provision for inventory decline has been made, the provision for inventory decline that has been made shall also be carried forward at the same time.

2) The sales return of the enterprise in the current period can generally be directly subtracted from the number of goods sold in this month, or the cost of the returned goods sold in this month can be calculated separately, and the account such as "inventory goods" shall be debited and credited.

3) When the contract income is recognized according to the construction contract standards, this account shall be debited according to the contract cost that should be recognized, the "main business income" account shall be credited according to the contract income that should be recognized, and the "engineering construction - contract gross profit" account shall be debited or credited according to the difference.

When the contract is completed, the account "Provision for Inventory Decline in Value - Provision for Estimated Loss of Contract" shall also be debited and credited according to the provision for estimated losses that have been accrued in the relevant construction contract.

4) At the end of the period, the balance of this subject should be transferred to the "current year's profit" account, and there should be no balance in this account after the carryover.

The cost of main business belongs to the profit and loss account.

The cost of main business is the cost incurred by an enterprise in recurring activities such as selling goods and providing labor services. Generally, when an enterprise recognizes the income from its main business such as the sale of goods and the provision of services, or at the end of the month, the cost of the goods sold and the services provided is transferred to the cost of the main business.

Enterprise profit and loss account refers to the account of accounting for the income obtained by the enterprise and the costs and expenses incurred, which specifically includes:

Income accounts: main business income, other business income, investment income, fair value change profit and loss, etc.

Expense accounts: main business costs, other business costs, asset impairment losses, credit impairment losses, taxes and surcharges, sales expenses, management expenses, research and development expenses, financial expenses, income tax expenses, etc.

Gains directly included in current profits: non-operating income, gains and losses on disposal of fixed assets.

Losses directly included in current profits: non-operating expenses, gains and losses on disposal of fixed assets.

According to the provisions of the accounting system for business enterprises, the balance of profit and loss accounts shall be carried forward to the "profit of the current year" account at the end of the period. After the carry-forward, the closing balance of the profit and loss account is zero.

In addition, the "Prior Year Profit and Loss Adjustment" account is also a profit and loss account, but because it accounts for the profit and loss adjustment of the previous year, not the profit and loss of the current year. Therefore, according to the provisions of the Accounting Standards for Business Enterprises, the balance of this account cannot be carried forward to the profit account of the current year at the end of the period, but should be carried forward to the account of "profit distribution - undistributed profits", and the surplus reserve should be adjusted accordingly.

The so-called cost account refers to the production cost and period expense account, such as: production cost, manufacturing expense, management expense, financial expense, sales expense, etc.

The cost of the main business is the same type of account as the income of the main business, the tax and surcharge of the main business, which is the accounting of profit and loss (profit or loss), and naturally does not belong to the cost account.

The cost of main business is calculated as the cost of sales carried forward from the sale of products and the provision of labor services.

Classification of cost accounts:

Cost accounts can be further divided into direct crediting cost accounts and allocation-crediting cost accounts according to whether they need to be allocated.

The accounts directly credited to the class cost mainly include: production costs (including: basic production costs, auxiliary production costs), etc.;

The allocation to the cost account mainly includes: manufacturing expenses, etc.

<> main business cost refers to the cost incurred by an enterprise in recurring activities such as selling goods and providing labor services. Enterprises generally transfer the cost of goods sold and services provided to the cost of the main business at the end of the month, when confirming the income from the sales of goods and the provision of services, or at the end of the month. Enterprises should set up a "cost of main business" account, which shall be used to calculate the actual costs incurred by the enterprise due to the daily activities such as selling goods, providing labor services or transferring the right to use assets, etc., and debit this account and credit the accounts such as "inventory goods" and "labor costs".

At the end of the period, the balance of the main business cost will be transferred to the "current year's profit" account, and the "current year's profit" will be debited and credited to the account.

The cost of main business belongs to the profit and loss account, which accounts for the necessary costs incurred by the enterprise to obtain income. The cost needs to be matched with the income, and the matching principle requires that the income and cost should belong to the same accounting period, and the cost needs to be directly related to the income, and the enterprise profit can be accurately calculated through the ratio of income and cost.

Hope mine is helpful to you.

Correct] The "cost of main business" account is a profit and loss account, which is used to calculate the cost that should be carried forward when the enterprise confirms the main business income such as the sale of goods and the provision of funny services. Therefore, the statement of this question is wrong.