What entries do pharmacy accountants need to make for pharmacy accounting?

1 Borrow: Bank deposit 300000

Credit: Paid-up capital 300,000

2 Borrow: 20,000 expenses to be amortized

Credit: Cash 20000

When amortized monthly, debit: administrative expenses.

Credit: Expenses to be amortized.

3 Start-up expenses are directly transferred to management expenses and included in profit or loss for the current period.

Borrow: Administrative fee 33000

Credit: Cash 33000

The depreciation period of fixed assets (appliances for business management, etc.) included in refrigerators and other assets is 5 years, straight-line method.

Debit: Fixed assets 31200

Credit: Cash 31200

When depreciation is accrued every month, monthly depreciation = 31200*

Borrow: Administrative Fee 494

Credit: Accumulated depreciation 494

4 Borrow: Inventory goods.

Tax Payable – VAT payable (input tax).

Credit: Bank Deposits 151542

5 Borrow: Cash 52110

Credit: main business income.

Tax Payable – VAT payable (output tax).

Borrow: Cost of main business.

Credit: Inventory of goods.

6 Borrow: Administrative expenses - salary 5000

Credit: Salary payable 5000

Borrow: Wages payable 5000

Credit: Cash 5000

Borrow: Management Expenses - Electricity Charges 1300

Management Fee—Communication Fee 300

Credit: Bank deposit 1600

The management of chain stores generally uses ERP, so that at the end of the month or in the middle of the month, you can see it clearly on the computer management software, and fill in the details of the ** form every day. 1. Fill in the accounting voucher according to the original voucher (put the data into the corresponding accounting account); 2. Fill in the accounting books according to the accounting vouchers; 3. At the end of the period, the profit and loss accounts shall be carried forward accordingly; 4. Prepare accounting statements according to the registered accounting books.

Chain stores are generally independent legal persons, independent operations, independent accounting, just use other people's brands or trademarks, and pay a certain amount of franchise fees. The account is set up entirely by independent enterprises. If you are smaller, you can use the Small Business Accounting Standards.

Small-scale taxpayers do not need to make VAT inputs, but only need to calculate and pay the outputs. Pharmacies are mainly the warehouse surplus chain Huicun commodities (purchased drugs), sales costs (main business costs) vertical answer, labor costs (payable employee salaries, included in costs), store rent (included in management expenses or sales expenses), sales revenue (main business income), etc., compared to the production enterprises are much simpler, as long as the purchase, sales, salary expenses and other expenses are recorded on time, and carried forward at the end of the month. If there is a franchise fee, it can be included in the "sales expense-business fee".

Accounts commonly used in pharmacy accounting: cash journal, bank deposit journal, general ledger, sub-ledger, commodity purchase, sales and inventory account, etc. The general pharmacy accounting workflow is:

Obtain the original vouchers, make accounting vouchers, summarize at the end of the month to make a summary table of accounts, register the general ledger, and then register the sub-ledger and inventory account according to the accounting vouchers produced, check the general ledger and the sub-ledger, and make accounting statements; If the unit is a general taxpayer to make an online national tax declaration and a local tax declaration, the report will be filed after the report.

Accounting entries refer to a record that predetermines the name of the account involved in each economic transaction, as well as the direction and amount of money that is credited to the account. Abbreviated as an entry. Accounting entries are composed of three elements: the direction of debit and credit, the name of the corresponding account and the amount to be credited.

According to the number of accounts involved, it is divided into simple accounting entries and compound accounting entries. Simple accounting entries refer to accounting entries that involve only one account debit and another account credit, i.e., one debit and one credit account; Compound accounting entries refer to accounting entries composed of two or more corresponding accounts (excluding two), i.e., accounting entries for one loan for multiple loans, one loan for multiple loans, or multiple loans for multiple loans.

1. Procurement of drugs and warehousing

Debit: Goods in Inventory – Name of Drug Tax Payable – VAT Payable – Input Tax Credit: Bank Deposits or Accounts Payable.

2. Leaving the warehouse to the pharmacy: It needs to be explained that when you move the medicine to the branch, in fact, the location of the drug storage has changed, and the sales revenue has not been realized. So you can only calculate the inventory at the original price when delivering to the pharmacy, and calculate the profit after selling.

After the sale of medicines:

Borrow: Cash. Credit: main business income.

Then carry forward the cost:

Borrow: Cost of main business.

Credit: Inventory Commodities – Name of Drug.

At the end of the month, the report will be summarized.

Accounting is set up according to business accounting accounts. Cash account, bank deposit account, cost account, commodity purchase, sale and inventory account, fixed assets account, owner's equity account, profit and loss account, etc. In a word: apply what you have learned in practice.