How a company check is credited 20, how a company check is credited

Company Cheque Entry (Voting Method):

1. After receiving the transfer check, if the issuing unit is a non-peer magnetic code check, the bank must be stamped with the reserved seal of the bank on the back of the check, and fill in the bank receipt, and the bank staff can handle the payment of the bill and the transfer of the check.

2. If it is a non-peer ordinary check, you need to bring the check to the issuing bank to fill in a bill for transfer procedures; The issuing bank is a peer check, as long as the company's opening bank can go through the formalities, the peer check can be checked through the verification system to check whether the seal is valid, no need to go to the opening bank of the payment unit to handle.

Difference Between Cash Cheque and Transfer Cheque:

1. Cash cheques can only be used by the company for cash withdrawal; Cheques can be used for our company and for outward transfers.

2. Voting method: Cash checks can only be withdrawn from the bank by designated personnel within the company, and people from other companies cannot withdraw money; To transfer money to another company, you can only use a transfer check, or a wire transfer.

1. Stampe the back of the check with the seal seal (generally the financial seal and the legal person seal) that you left in the bank when you opened the account. If you don't know, you can bring it to the bank for confirmation and then cover the wrong one.

2. You must go to the opening bank to enter the account.

3. Anyone can do it, because the money is finally deposited into your company's account.

4. Fill in a bill (if you don't know, you can go directly to the bank to buy and fill in).

The latest online summary information of the Financial Services Bureau, the accounting treatment of cheque settlement, etc., are announced as follows:

1.Accounting processing of the payment unit.

After the payment unit issues the check, it debits the accounts of "Material Purchase", "Inventory of Goods", "Cash in Inventory" and credits the "Bank Deposit" account according to the check stub copy and invoice bill.

2.Accounting processing of the receiving unit.

After receiving the check and filling in the "incoming bill" to go through the collection procedures, the "incoming invoice" account will be debited to the "bank deposit" account and credited to the "main business income" and "accounts receivable" accounts according to the receipt notice copy of the "incoming bill" and the invoice bill.

Example] On July 3, 2008, Company A issued a cash check for $300 for standby. Based on the copy of the cheque stub, the accounting entries are prepared as follows:

Borrow: 300 cash on hand

Credit: Bank deposit 300

For example, on July 20, 2008, Company A sold 50,000 yuan of products and 8,500 yuan of value-added tax to Rihong shopping mall in this city, received a transfer check from the other party, amounting to 58,500 yuan, filled in the bill, deposited it with the bank together with the check, and prepared the accounting entries as follows according to the receipt notice copy of the "incoming bill" and the invoice bill stamped and returned by the bank

Debit: Bank deposit 58500

Credit: main business income 50,000

Tax payable – VAT payable (output tax) 8500

Once you receive a check, you should first review it to avoid receiving a fake or invalid check. After the cashier of the receiving unit has checked the accepted transfer cheque, he can fill in the bill in duplicate and send it to the bank where the cheque is opened. After the opening bank verifies that it is correct, it can stamp the first copy of the bill with the "transfer" seal and refund the ** unit.

The receiving unit shall prepare the bank deposit receipt voucher according to the first copy of the receipt of the receipt stamped by the bank.

The review of the check should include the following:

1) Whether the check is clear and whether it is filled in ink or carbon ink;

2) Whether the contents of the check are filled in completely, whether the seal of the unit is stamped at the seal of the issuing unit, whether the uppercase amount and the payee have been altered, and whether the reserved bank seal has been stamped if other contents have been changed;

3) Whether the cheque collection unit is the unit.

4) Whether the amount of the cheque is filled in correctly and whether the two are consistent;

5) Whether the cheque is within the payment period;

6) Whether the endorsement of the transferred cheque is correct and continuous.

The back of the check is stamped with the official seal of the financial seal, and the column of the endorser is blank (left to the bank to stamp the entrusted collection seal, which means that the endorsement is entrusted to your opening bank to collect money). Fill in the bill and take it to your bank to handle the entrusted collection.

You can go to the other party's bank or go to your company's bank, you have to fill in the bill, and don't fill in anything on the check.

The endorsee writes the name of your company's bank.

Endorser's signature column: Stamp the legal person seal, financial seal, and write "entrusted collection".

Bring it to your account opening bank.

1. It is necessary to examine whether the contents of the transfer check are in accordance with the regulations.

1. Capitalize the date.

2. The lowercase and uppercase amounts are consistent, and the writing is correct and standardized.

3. The purpose is in line with the regulations, especially the purpose of the cash check can only be: reserve, travel expenses, labor expenses).

4. Receiving unit: full name, can also be authorized to make up the record.

5. The check is within the validity period, for example, if the check is received on January 15, it should be issued on January 6 at the earliest.

6. Name of the payment bank: with a small stamp, not handwritten (usually the bank stamps when purchasing a blank check).

7. The issuer is also the same as above.

8. Only fill in with a blue or black signature pen.

9. Whether the endorsement is transfected, whether the endorsement is correct, and whether it is continuous.

2. Fill in the bill, in triplicate, and submit it to the bank for accounting.

3. After the payment arrives, the bank will give a receipt to make accounts

1. If the previous sales are done on the accounts receivable, then.

Borrow: Bank deposit.

Credit: Accounts receivable.

2. If it is a sales invoice issued at that time and a check received at that time, then.

Borrow: Bank deposit.

Credit: main business income.

Tax Payable – VAT Payable (Output Tax).

Month-end carry-forward cost of sales:

Borrow: Cost of main business.

Credit: Inventory of goods.

3. When withdrawing cash:

Borrow: cash on hand.

Credit: Bank deposits.

The cheque stub is signed by the payee, and the payee fills in the bill at the bank (the bank will keep it for the payer, for a month, or when you are free to go to the bank to get it), both can be used as attachments, and the cash deposit is the same.

It is best to write a transfer check for large payments, and even if there is a mistake, the money can be recovered through the bank's network. In addition, the financial system of the unit generally requires that there can be no large cash payments.

How company checks are credited.

Financial expenses refer to the expenses incurred by enterprises in the process of production and operation to raise funds. It includes interest expenses (minus interest income) incurred during the production and operation of enterprises, net exchange losses (some enterprises such as commodity circulation enterprises and insurance companies are separately accounted for and are not included in financial expenses), handling fees of financial institutions, and other financial expenses incurred in financing such as bond printing fees, foreign loan guarantee fees, etc.

1.The cost paid for the purchase of the check does not belong to the financial expenses incurred by the enterprise in the financing of the potato quarrel, and shall be accounted for in the management expense account, and shall be done when it occurs:

Borrow: Administrative Expenses: Office Expenses.

Credit: Bank deposits.

2.The accountants of many enterprises include the handling fee for the purchase of checks from the bank and the payment of the production cost into the financial expenses, because they are all period expenses, and there is no special emphasis on correcting the accounting accounts of this expense in the general audit.

How to account for the number of cheques? Let's follow the above steps when entering the account, friends who are not very familiar with it can operate several times, do not panic when encountering this kind of thing, so the specific problem needs to be solved in a specific way, if it cannot be solved repeatedly, you can try to call the regional local tax **, or go to the local tax hall to handle.