The difference between advance receivables and accounts receivable, what is the difference between a

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 unit that purchases or receives 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 business activities such as selling commodities and providing labor services. Advance receivables are liabilities, which refer to the money collected in advance from the purchasing unit 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.

Accounts receivable are collected first and then shipped, and accounts receivable are shipped first and then collected.

Let me say something else, if the enterprise has very little pre-receivables, you can not set up this account, the corresponding amount is included in the credit of accounts receivable, and more importantly, when filling in the balance sheet, the amount of accounts receivable is the debit amount of accounts receivable - bad debt provision. The credit amount of accounts receivable is entered into the account of accounts receivable.

Advance receipt means received, receivable means not received.

Difference Between Accounts Receivable and Advance Receivables.

1. What is the difference between accounts receivable and accounts receivable in advance?

1. The difference between accounts receivable and accounts receivable in advance is:

1) The accounting elements are different. Accounts receivable is the payment for goods that have been sold and has not yet been received, which belongs to the asset account, while advance accounts receivable is the payment received in advance for the goods that have not actually sold the goods, and belongs to the liability account;

2) The setup requirements are different. If there are a large number of accounts receivable, you can set up a accounts receivable account, and if there are not many accounts receivable, you can directly credit the accounts receivable account without setting up a accounts receivable account;

3) Accounting entries are different. Accounts receivable generally occurs in the unreceived payment of goods, and the advance receivable is the purchase deposit or part of the purchase payment received by the enterprise from the buyer in advance.

2. Legal basis: Article 9 of the Accounting Law of the People's Republic of China.

All units must carry out accounting according to the actual economic and business matters, fill in accounting vouchers, register accounting books, and prepare financial accounting reports.

No unit may conduct accounting with false economic and business matters or materials.

2. What is the creditor-debtor relationship between accounts receivable and arising from the contract?

Accounts receivable are arising from a contract, and the creditor-debtor relationship is as follows:

1. Accounts receivable are not limited to the existence of the pledge at the time of creation;

2. Accounts receivable should be the basic transaction relationship, obtained due to the provision of certain goods, services and facilities, and the accounts that have been determined;

3. Accounts receivable excludes statutory debts such as unjust enrichment, management without cause, and tort liability.

Accounts receivable refers to the amount of money that the enterprise should collect from the purchaser; Advance receivables refer to part of the payment collected by the enterprise in advance. How to distinguish between accounts receivable and prepaid?

1. The accounting elements are different, accounts receivable is the goods that have been sold, and the payment has not yet been received, which belongs to the asset account, while the advance accounts receivable is the payment received in advance before the actual sale of the goods, which belongs to the liability account;

2. The setting requirements are different, if there are more pre-receivables, you can set up the "pre-receivables" account, if the pre-receivables are not much, you can directly credit the pre-receivables account, and do not set up the "pre-receivables" account;

3. The accounting entries are different, and the accounts receivable are generally the unreceived payments arising from the sale of goods, and the accounting entries of general taxpayers are as follows:

Debit: Accounts receivable.

Credit: main business income Other business income.

Tax Payable – VAT payable (output tax).

Advance receivables are generally the payments received before the sale of goods, and the accounting entries are as follows:

Borrow: Bank deposit.

Credit: Accounts received in advance.

What is the difference between accounts receivable and receivables?

"Accounts receivable" is the sales payment that an enterprise should collect from customers within one year because of the sale of products, that is, the payment owed by other enterprises. Because the enterprise adopts the method of selling goods on credit, it does not collect the payment immediately after the accounts receivable is formed.

Notes receivable. It is a bill issued by other enterprises because it cannot be cashed immediately because of debts, such as checks, cashier's checks and commercial drafts. Generally understood, notes receivable are paper money vouchers (bank drafts, commercial drafts, etc.) that are the same as checks, while accounts receivable are a right and have no specific form.

1. Different classifications. Accounts receivable is an asset account, which refers to the amount that an enterprise should collect from the unit that purchases or receives 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 business activities such as selling commodities and providing labor services. Advance receivables are liabilities, which refer to the money collected in advance from the purchasing unit 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 accounts receivable that collect the money first and then pay the goods, and it is the accounts receivable that pays the money after paying the goods carefully. 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. The accounts receivable accounting meets the conditions for the sale of goods and the provision of labor income recognition conditions, which is an asset for creditors; Advance receivables are the deposits or rubber 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.

Extended information] Accounting of accounts receivable and in-depth analysis of accounts receivable and pre-receivables items:

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.

Advance accounts receivable are collected first, not delivered. Accounts receivable are given first, and no money is collected.

Accounts receivable is an asset, for example, if you sell a pound of grapes to others, you should charge 2 yuan, jujube cave but others have no change, say that tomorrow to you, these two dollars will become Fuyan liquid accounts receivable. This is what you lend out. Advance receivables are liabilities, for example, another person comes to buy grapes from you, and you say that I sold them out today, and I will only have fresh ones tomorrow.

He said it's okay, I'll give you 2 yuan first, and you can just deliver the grapes to my house tomorrow when there are grapes. These 2 dollars are your pre-receivables. It's you who owe it to someone else.

Advance receivables are liabilities, and the balance should normally be on the credit side, shown in the liabilities column of the balance sheet. Accounts receivable are assets, and the balance should be on the debit side, listed in the assets column of the balance sheet. When the pre-receivables first occur, the corresponding original voucher is a cash receipt or bank receipt.

When accounts receivable first occur, the corresponding original voucher is the sales invoice.

The differences between accounts receivable and accounts receivable are: different definitions, different calculation methods, different accounting treatments, different generation scenarios, and different impact times.

1. The definitions are different.

Advance receivables are when a customer prepays a portion of a fee to a business before the actual work or service begins, which is used to pay for the cost of a service or product. The accounts receivable refers to the amount of goods or services provided by the enterprise to the customer, and the customer repays the loan in accordance with the contract after the completion of the product or service.

2. The calculation method is different.

Advance receivables are future earnings that have been received, and generally represent the cost of providing services to customers in the future. Accounts receivable refers to the items that have been provided with services or commodities for customers, and have not yet been recovered.

3. Different accounting treatments.

Advance receivables are often treated as unearned income and therefore need to be recorded on the liability side when they are received. Accounts receivable, on the other hand, are included in the company's active assets and are adjusted to reflect factors such as expected future returns, cash flows, etc.

4. The production scene is different.

Advance receivables are usually incurred before the client entrusts the business to perform the work. For example, a client may need to pay a fee to a legal or consulting firm to get priority in arranging staff, while accounts receivable will be incurred after the business has ** goods or services provided.

5. The impact time is different.

Advance receivables can have an impact on the time it takes for a business to realize its benefits, as once the payment is received, the business must provide the required service or product to the customer. Accounts receivable, on the other hand, only affect the flow of funds before the company collects the money.