Is the period fee included in the cost, and what is the difference between the cost and the period f

Period fees do not need to be included in the cost for the following reasons:

Period expenses are the outflow of economic benefits incurred in the daily activities of the enterprise. The reason why it is not included in a certain cost accounting object is mainly because the period expenses are the expenses incurred for the organization and management of the entire business activities of the enterprise, and there is no direct relationship with the material procurement, finished product production and other expenditures that can determine a certain cost accounting object, so the period expenses are not included in the cost of the relevant accounting objects, but are directly included in the current profit and loss.

The expenses during the period include the following two situations: first, if the expenses incurred by the enterprise do not generate economic benefits, or even if they generate economic benefits, they do not meet or no longer meet the conditions for asset recognition, they should be recognized as expenses when they are incurred and included in the current profit or loss. Second, if an enterprise undertakes a liability as a result of a transaction or event that is not recognized as an asset, it shall be recognized as an expense and included in the current profit or loss when it occurs.

When we calculate the cost of the product, we will allocate the period expenses ,—— wrong.

Period expenses are carried forward to the current year's profit – yes. That's right.

Manufacturing expenses are carried forward to production costs,—— Yes.

It doesn't seem right to do the accounts - when calculating the cost of the product, the period expenses will be apportioned, of course, it is not right.

Or only amortize the manufacturing cost - only the manufacturing cost is allocated to the production cost.

Don't be afraid to maliciously brush points.

Persist in the pursuit of truth and true knowledge.

Among the period expenses: manufacturing expenses are finally transferred to costs, financial and selling expenses to the current profit or loss.

Included in the profit for the year. So only the cost of manufacturing is apportioned.

It is not correct to allocate the period expenses to the costs.

It is right that the manufacturing expenses are carried forward to the production costs.

Before 93 years, when accounting was not in line with international standards, management expenses were included in costs.

What time is it?

Do corporate income tax business costs include period expenses?

Summary. We are glad to serve you and inquire for you; the difference between cost and period expense; Costs are expenses that can be directly or indirectly attributable to finished products. Period expenses refer to the costs that cannot be included in the finished product (and.

The finished product has nothing to do with it).

For example, the salary of the workshop director is the cost, and he directs the production of products; The salary of the accounting officer is the period expense of his work.

It has nothing to do with the product, and without accounting, it can produce products.

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What is the difference between a cost and a period expense.

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We are glad to serve you and inquire for you; the difference between cost and period expense; Costs are expenses that can be directly or indirectly attributable to finished products. Period expenses refer to the costs that cannot be included in the finished product (unrelated to the finished product). Such as:

The salary of the workshop director is the cost, and he directs the production of products; The salary of the accounting director is the period expense, and his work has nothing to do with the product. <>

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Answer: 1. The difference in meaning.

Period expenses refer to the costs incurred in the daily activities of the enterprise that cannot be included in the specific accounting object, but should be included in the current profit or loss.

Operating costs refer to the expenses attributable to the cost of products and services incurred by an enterprise for the production of products and the provision of labor services, etc., and the cost of the goods sold and the services provided shall be included in the profit or loss for the current period when the income from the sale of goods and the income from the provision of labor services are recognized.

2. Differences in composition.

The period expenses are composed of sales expenses, administrative expenses, and financial expenses. Selling expenses are expenses incurred by a business in the process of selling goods; The management expenses are the expenses of the administrative department of the enterprise pants dry industry for the organization and management of production and business activities; Financial expenses are the expenses of enterprises to raise funds for production and operation.

Operating costs are made up of the cost of the main business and other operating costs. The cost of main business is the cost incurred by the enterprise in regular activities such as selling goods and providing labor services, and the other business cost is the expenditure incurred in other business activities other than the main business activities confirmed by the enterprise.

What are the general aspects of cost control?

1. Control before the product is put into production.

This part of the control content mainly includes: product design cost, processing technology cost, material procurement cost, production organization mode, material quota and labor quota level, etc.

These contents have the greatest impact on the cost, and it can be said that 60% of the total cost of the product depends on the quality of the cost control work at this stage. This control work belongs to the ex-ante control method, and the real cost has not yet occurred in Huwudong when the control activity is implemented, but it determines how the cost will occur, and it basically determines the cost level of the product.

2. Control in the manufacturing process.

The manufacturing process is the main stage where the cost is actually formed. Most of the costs are incurred here, including the consumption of raw materials, labor, energy and power, various auxiliary materials, inter-process material transportation costs, workshop and other management department expenses.

Whether the various schemes and control measures of pre-production control can be implemented in the manufacturing process, and whether most of the control objectives can be achieved are closely related to the control activities at this stage, which mainly belongs to the control mode at all times. Because the accounting information of cost control is difficult to achieve in a timely manner, it will bring a lot of difficulties to the control in the matter.

3. Control in the circulation process.

This includes costs such as product packaging, off-site shipping, advertising**, sales agency expenses, and after-sales service. At present, when emphasizing the strengthening of enterprise market management functions, it is easy to take all kinds of first-class measures regardless of cost, but offset the increase in profits, so it is also necessary to make quantitative analysis.

The above has explained in detail what is the difference between period expenses and cost expenses through different meanings and compositions, and have you now learned to correctly distinguish what the expenses incurred belong to? The control of costs and expenses is also an important fulcrum of financial implementation management functions, and we also give three suggestions for friends who need to learn from them.

1. From the definition, it can be directly seen that the period expenses are not included in the cost:

The expenses incurred by the enterprise in the current period cannot be directly or indirectly included in the operating costs, but are directly included in the profit or loss of the current period, including sales expenses, management expenses and financial expenses.

2. The period expense occurs in a certain period and is not directly related to the cost

Cost is the value category of the commodity economy and is a component of the value of the commodity. If people want to carry out production and business activities or achieve certain goals, they must consume certain resources, and the monetary performance of the resources and their objectification are called costs. And with the continuous development of the commodity economy, the connotation and extension of the concept of cost are constantly changing and developing.

Period costs are costs that occur over time, are not affected by the increase or decrease in production, and are fully borne by the profit or loss of the period. Period costing can be used to incorporate requisition costs into inventory valuations to set standard costs or to update perpetual standards. The fiscal system of the country requires the use of one or both period costing methods to process and/or report inventory costs.

The period cost is mainly the fixed cost incurred to prepare the conditions for carrying out production and business activities, or to form and maintain the existing normal production and marketing capacity. Such as fixed manufacturing expenses, fixed sales and management expenses.

Period costing allows you to calculate inventory values by period. There are three main objectives to be achieved in the period cost calculation: in accordance with the national law or company policy, the invoice amount of the first merchant plus other direct procurement expenses, and the actual requisition cost is calculated by Yuyuhui.

Use the full allocation of resources and the allocation rate of manufacturing expenses to calculate the actual transaction cost before the Qingqing. Allocate inventory costs evenly over a defined period, rather than by transaction volume.

Requisition costing: The period costing processor uses requisition costs, including surcharges such as freight, duties, and insurance, to calculate the value of items received or returned. If there is no invoice that matches the receipt when running the cost processor, the system uses PO**.

The period expenses are not included in the operating costs of the enterprise income tax, the operating costs of the enterprise are the manufacturing costs of the production and operation of the enterprise, the enterprise income tax is the tax collected by the enterprise in accordance with the law, and the operating costs of the income tax do not include the period expenses.

[Legal basis].

Article 23 of the Enterprise Income Tax Law stipulates that the income tax paid abroad for the following income obtained by an enterprise may be deducted from the tax payable for the current period, and the credit limit shall be the tax payable on the income calculated in accordance with the provisions of this Law; The excess of the credit limit can be offset in the next five years with the balance of the annual credit limit after deducting the tax credit amount of the current year: (1) the taxable income of the resident enterprise** outside China; (2) A non-resident enterprise establishes an institution or place within the territory of China and obtains taxable income that occurs outside China but is actually connected with the institution or place.

1. Expenses during the period are not included in the operating costs.

Period expenses refer to the costs incurred in the daily activities of the enterprise that cannot be included in the specific accounting object, but should be included in the current profit and loss of the hidden service. Period expenses are the outflow of economic benefits incurred in the daily activities of the enterprise.

The reason why it is not included in the specific cost accounting object is mainly because the period expense is the expense incurred by the enterprise for the organization and management of the entire business activities, and there is no direct relationship with the material procurement and finished product production that can determine the specific cost accounting object, so the period expense is not included in the cost of the relevant accounting object, but directly included in the current profit and loss.

Period expenses generally include three categories: sales expenses, management expenses and financial expenses.

Second, compared with the cost of products, the period expenses have the following characteristics:

1) The relationship with the production of products is different. The occurrence of period expenses is to provide normal conditions for the production of products and the need for management, and are not directly related to the production of products themselves; Production costs are those that are directly related to the production of a product, and they should be directly credited or allocated to the product in question.

2) The relationship with the accounting period is different. Period expenses are only related to the current period in which the expenses are incurred and do not affect or be allocated to other accounting periods; The completed part of the production cost is converted into the product cost in the current period, and the unfinished part is carried forward to the next period for further processing, which is related to the accounting period before and after.

3) The relationship with accounting statements is different. The expenses of the period are directly included in the current profit and loss statement, and the current profit and loss are deducted; The completed part of the production cost is transferred to the finished product, and the production cost of the finished product sold is transferred to the profit and loss statement as the cost of product sales, while the unsold product and the unfinished product should be included in the balance sheet as inventory.