The difference between accounts receivable and prepaid, the difference between accounts receivable a

1. The reasons for the two are different.

Accounts receivable. It is the sales payment receivable of the enterprise, that is, the payment should be collected from the buyer's customer; Prepaid Accounts.

It is the purchase price of the enterprise, that is, the payment made in advance to the customer.

2. Different classifications.

The prepaid account includes the prepaid materials, the purchase price of commodities, and the pre-purchase deposit of agricultural and sideline products that must be issued in advance and recovered later; Accounts receivable mainly include advance receipt of project payment, advance receipt of material preparation, etc.

3. Accounting is different.

The accounts receivable account accounts for the amount that the enterprise should collect from the purchasing unit for the sale of goods, materials, provision of labor services, etc., as well as the advance of transportation and miscellaneous expenses and acceptance.

Commercial acceptance bills that are due and cannot be received; The prepaid account accounts account for the payment paid in advance to the supplier in accordance with the provisions of the purchase contract, and sets up detailed accounts according to the ** unit.

Encyclopedia - Accounts receivable.

Encyclopedia - Prepaid Accounts.

Difference Between Accounts Receivable and Advance Receivables.

I'll put it together for the landlord and say. Or I'm lost again

Accounts receivable, payable, prepaid, and pre-receivables are all current payments formed by enterprises in the process of commodity transactions, and it is good to understand them literally, and receivables are the payments that others owe you; Payable is what you owe someone else; Pre-receipt means that you collect payment from others in advance; Prepayment is the payment you pay to others in advance, which is almost the meaning of a deposit, but it is different from a deposit.

In layman's terms, it is:

Accounts receivable are what other units or enterprises should give you, and they have not been given yet, and they are assets;

Accounts payable is what you should pay to other units or enterprises, and you have not paid yet, it is a liability;

The prepaid account is the product or labor provided to you by other units or enterprises, and the deposit you pay in advance is an asset;

Advance receivables are the deposits that your unit provides to other units or enterprises for products or services, and the deposits you receive first are liabilities.

The advance payment, the ownership is still with you, so it is an asset.

Advance collection, ownership is in the other party, does not belong to you, so it is a liability.

Prepayment is the payment in advance for the purchase of goods from the other party.

Accounts payable is the payment payable after purchasing goods from the other party.

Accounts receivable is the payment that should be collected after the sale of goods to the other party.

Advance receivables are the payments paid in advance by the other party to the unit for the purchase of goods from the unit, that is, the payment received in advance by the unit for the sale of goods to the other unit.

In layman's terms, accounts receivable is the money you should collect from others (such as selling on credit), and prepayment is the money you pay others first (you should or are likely to pay, but it has not been formalized, a bit like a deposit, down payment). Both are essentially your assets, but they are only paper assets, not actually in your hands.

Accounts receivable. Difference from prepaid accounts:

1. Different definitions: accounts receivable refers to the amount that should be collected from the purchasing unit due to the sale of goods, products, provision of labor services and other businesses in the normal course of business, including taxes that should be borne by the purchasing unit or the receiving labor unit, and various transportation and miscellaneous expenses advanced by the buyer.

Prepaid accounts refer to the advance monetary funds of the enterprise in accordance with the provisions of the purchase contract.

or monetary equivalents for the payment of ** units. In the day-to-day accounting, the prepaid accounts are recorded according to the actual amount paid, such as the prepaid materials, the purchase price of commodities, and the pre-purchase deposit of agricultural and sideline products that must be issued in advance and recovered later.

Wait. Second, the attributes are different:

Prepaid accounts are assets of the enterprise, accounts payable.

liabilities of the enterprise;

For example, enterprises purchase goods and pay in advance.

To the other party: borrow: prepaid.

Credit: Bank deposits.

Business purchases goods, unpaid:

Borrow: Inventory of goods.

Credit: Accounts payable.

Third, the nature is different:

Prepaid account refers to a claim arising from the agreement between the buyer and the seller to pay a part of the purchase price to party ** in advance. Prepaid accounts generally include prepaid payment and prepaid purchase deposit. The prepaid accounts of construction enterprises mainly include prepaid project payments, prepaid material payments, etc.

Prepaid accounts are payments made in advance to the supplier's customers and are part of the company's claims.

Accounts payable usually refers to the liabilities incurred due to the purchase of materials, goods or services**, etc., which are the liabilities incurred by buyers and sellers in the purchase and sale activities due to the inconsistency between the acquisition of materials and the payment of loans.

Fourth, the production method is different:

The balance of all documents that have been prepared for prepayment of accounts, the principle of the beginning balance + (or -) the amount incurred in the current period (including the debit amount and the credit amount in the first bracket) = the closing balance; It's just that if you include billed vouchers when you select them.

is the scope, and generally you should choose to include unbilled vouchers.

Accounts receivable require the balance of each account, generally including the balance of the previous period, the amount incurred in the current period, the balance at the end of the period, etc.

In layman's terms, the number of potatoes is the balance of each account formed by the summary of vouchers, and these accounts are divided into assets, liabilities and owners' equity.

The equation formed is assets = liabilities + owners' equity.

Fifth, the production time is different:

Prepaid accounts are made at the end of the year, while accounts receivable are made at the beginning of the year.

Difference between receivable, payable, advance receipt, and prepaid accounts:

1. Accounts receivable.

Accounts receivable refers to the accounts incurred by an enterprise due to the sale of goods. Business activities such as the provision of labor services shall be paid to the purchasing unit or the receiving unit, mainly including the goods or services that should be collected from the debtor and the packaging costs, transportation and miscellaneous expenses paid by the first cargo unit.

In order to reflect and monitor the increase or decrease of accounts receivable and its balance, enterprises should establish accounts receivable accounts. If no separate accounts receivable account is established, the accounts receivable in advance shall also be included in the accounts receivable account.

In the accounts receivable account, the increase in accounts receivable is registered on the debit side, the accounts receivable registration is registered in the recovery of credit and the identification of bad debt losses, and the closing balance is generally on the debit side, reflecting that the accounts receivable of the enterprise are not collected; If the closing balance is credited, it reflects the accounts received in advance by the business.

2. Accounts payable.

Accounts payable refers to the amount payable by an enterprise for business activities such as the purchase of goods, goods or services**.

Accounts payable should generally be recognized when the main risks and rewards associated with ownership of the goods purchased have been transferred, or when the services purchased have been accepted.

Enterprises should account for the occurrence, repayment, and sales of accounts payable through accounts payable accounts.

This account is due to the amount of the accounts payable registered by the business for the purchase of materials, goods and services, etc., the accounts payable debit registered, or the amount of the accounts payable to offset by a commercial bill, or has been written off and cannot be paid, usually in the credit balance, indicating the balance of the accounts payable of the business. Undergraduate projects are generally subject to detailed accounting based on the detailed curriculum set up by creditors.

3. Accounts receivable in advance.

Advance payment refers to the payment received by the enterprise from the purchasing unit in advance in accordance with the contract.

Enterprises should calculate the acquisition and repayment of advance receivables through the subject of advance receivables.

The number of accounts receivable paid in advance and the purchase of units registered by the subject credit, the amount of payment paid in advance to the buyer and returned to the buyer after the debit registration enterprise cancels the shipment, the credit assets, which reflect the number of units purchased by the enterprise but have not yet been delivered to the buyer, such as the debit balance, which reflects the amount that the enterprise has not yet written off.

The enterprise shall carry out the sub-account accounting in accordance with the sub-ledger set up by the purchasing unit.

4. Prepaid accounts.

Advance payment refers to the amount paid in advance by the enterprise in accordance with the contract.

Enterprises should set up accounts to be apportioned and calculate the increase, decrease and balance of the accounts to be apportioned. For enterprises with a small amount of prepaid accounts, they can directly account through the accounts payable account without setting up a prepaid accounts account.

1. Accounts receivable is the amount that should be collected from the purchasing unit or the receiving labor service unit for the sale of goods, products, and the provision of labor services.

2. The prepaid account is the amount that the enterprise pays in advance to the ** unit in accordance with the provisions of the purchase contract.

Accounts receivable and prepayments are both asset-class accounts. Their increase is debited. Reduced credits.

3. Accounts payable is the amount payable by the enterprise to the first unit for the purchase of materials, commodities and the acceptance of labor services.

4. Advance accounts receivable is the amount received in advance from the purchasing unit in accordance with the provisions of the contract.

Accounts payable and advance receivables are both liability accounts, and their increases are credited. Reduction of debits.

To put it simply:

1）.Accounts receivable are what other units or enterprises should give you, and they have not been given yet, and they are assets;

2）.Accounts payable is what you should pay to other units or enterprises, and you have not paid yet, it is a liability;

3.The prepaid account is the deposit that other units or enterprises provide you with products or services, and the deposit you pay in advance is a liability;

4）.Advance accounts receivable are the deposits you receive first for the products or services provided by your unit to other units or enterprises, which are assets.

When someone buys your things, giving money before buying something is your advance receipt, and the money you don't give when you take something first is your receivable.

If you buy other people's things, you pay them in advance before you take them, and if you take other people's things and don't give them money, you should pay.

Advance receivables, simply put, are payments received without sales;

Prepayment, simply put, is an advance payment without a purchase;

Accounts receivable, simply put, has been sold, but has not yet received payment;

Accounts payable, simply put, means that the goods have been put into storage, but the payment has not been paid;

Hope it helps!

Prepayment generally refers to the advance payment for the purchase of goods.

Advance receipts generally refer to the advance receipts when products are sold.

Payable generally refers to the amount that should be paid to the other party but is not paid for the time being.

Receivables generally refer to the amounts that should be collected from the other party but have not been recovered for the time being.

There is a difference between accounts receivable and accounts receivable in advance, and the specific differences are as follows:

1. Different classifications. Accounts receivable is an asset account, which refers to the amount that an enterprise should collect from the purchase or recipient of labor services due to the sale of commodities and the provision of labor services, and is the creditor's right formed by the enterprise due to the sale of goods and the provision of labor services. Advance receivables are liabilities, which refer to the money collected and written off in advance from the purchasing unit by the enterprise in accordance with the provisions of the contract. The payment received in advance by the enterprise before delivery shall be regarded as a liability of the enterprise.

2. Different uses. When selling, it is the advance accounts receivable that collects the money first and then pays the goods, and it is the accounts receivable that pays the goods first and then collects the money. Accounts receivable are mainly used for credit sales, and are debited at the time of sale"Accounts receivable. "Credit"Main business income and value-added tax payable", when receiving money, debit"Bank deposits"Credit"Accounts receivable. ", if the goods sold have not yet received the money, they are debited to the accounts receivable.

3. Different forms. Accounts receivable accounting meets the conditions for the recognition of income from the sale of goods and the provision of labor services, which is an asset for creditors; Advance receivables are the deposits or advances collected in advance for the sale of goods and the provision of labor services by the enterprise according to the contract agreement, which is a liability for the enterprise that collects the goods.

Accounting vouchers sometimes write receivables and sometimes write advance receipts, which one to write is analyzed according to the specific situation.

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In-depth analysis of accounts receivable accounting and accounts receivable and pre-receivables project filling

Depending on the purpose structure of the account, the accounts receivable sub-ledger balance should be on the debit side, but the specific accounting method for the accounts receivable will result in a credit balance in the accounts receivable sub-ledger, which is actually the pre-receivables.

There are two methods of accounting for advance receivables in practice:

The first method is to set up a separate accounting account for accounts receivable;

The second method is not to set up a separate accounts receivable account, but to consolidate the contents of the accounts receivable in the accounts receivable account.

The difference between prepaid accounts and accounts receivable is that they have different reasons, different classifications, different accounting, etc.

1. The reasons for the two are different.

Accounts receivable is the sales receivable of the enterprise, that is, the payment should be collected from the buyer's customer; The prepaid account is the purchase price of the enterprise, that is, the money paid in advance to the customer.

2. Different classifications.

The prepaid account includes the prepaid materials, the purchase price of commodities, and the pre-purchase deposit of agricultural and sideline products that must be issued in advance and recovered later; Advance receivables mainly include pre-received project payments, pre-received material payments, etc.

3. Accounting is different.

The advance receivables account accounts for the amount that the enterprise should collect from the purchasing unit due to the sale of goods, materials, and the provision of labor services, as well as the commercial acceptance bills that cannot be received due for the advance transportation and miscellaneous expenses and Weizhou acceptance; The prepaid account accounts account for the payment paid in advance to the supplier in accordance with the provisions of the purchase contract, and sets up detailed accounts according to the ** unit.

Difference Between Accounts Receivable and Advance Receivables.

Accounts receivable is the sale of goods to customers, and the payment has not been collected;

Prepayment is to pay the supplier in advance, and the goods have not yet arrived; It also means that the supplier must first see the money you have remitted to his account in advance before shipping.

Accounts receivable is the relationship between you and the customer, and prepayment is the relationship between you and the supplier.

The customer relationship is not the same.

Hope it can help a friend.