For example, a total of RMB 1,111 was recharged on the same day, and RMB 1,111 was paid in cash, which was recorded:

Debit: RMB 1,111 in cash.

Debit: accounts received in advance-discount allowance for prepaid cards is RMB 111.

loan: the account received in advance-the prepaid card payable is RMB 1,111.

on the same day, if the customer uses the prepaid card to spend 551 yuan, charge to an account:

Debit: advance payment-payable prepaid card 551 yuan.

Loan: accounts received in advance-special account for discount provision of prepaid cards in 51 yuan.

loan: income from main business in 511 yuan.

Calculation of the actual balance of prepaid recharge cards:

The combination of the loan balance of "prepaid accounts-prepaid recharge cards payable" and the loan balance of "prepaid accounts-prepaid recharge card discount allowance account" is.

Matters needing attention:

1. Hotels and restaurants that issue stored-value cards are equipped with cash register systems at the bar, which record all the information about card issuance, consumption and balance, date, time and operators. Financial personnel should regularly check out with the cashier at the bar to verify the relevant situation, so as to maintain consistency with accounting records.

2. Hotels and catering enterprises often encounter discounted sales when selling stored-value cards. In this case, when accounting, an allowance account can be set under the account of advance receipt (no need to set it according to the card number).

For example, the "recharge discount discount" account is used to record the amount of recharge, and the balance is reflected in the debit to offset the inconsistency between the amount of cash collected and the number of stored-value cards issued outside. When making statistics on the consumption of cardholders every month, it can be deducted and adjusted according to the proportional method, so as to achieve the authenticity of the general ledger account balance of advance receipts.

Extended information:

Advance payment is a liability incurred by the buyer and the seller as agreed by the agreement that the buyer pays part of the payment to the supplier in advance.

1. duality of "accounts received in advance".

when an enterprise receives an advance payment, it is first included as the credit of "advance payment", and at this time, the item is shown as a liability; When the enterprise sends out the goods, it will be included as the debit of the "advance payment" according to the total price tax. Because the advance payment will be less than the actual price tax, the balance of the "advance payment" after the enterprise sends out the goods is generally the debit, which is essentially the nature of receivables and is equivalent to "accounts receivable".

when presenting at the end of the period, the "accounts received in advance" at the end of the period should be included in the accounts receivable if it is the debit balance, and if it is the credit balance, it should be included in the accounts received in advance. If the enterprise does not have a lot of accounts receivable business in advance, it can be replaced by "accounts receivable", and its presentation method is equivalent.

2. Presentation method of "accounts received in advance"

Account receivable is recorded according to the sum of debit balances in the subsidiary ledger of "accounts receivable" and "accounts received in advance" according to the sum of credit balances in the subsidiary ledger.

Enterprises with few business of advance payment can directly credit the advance payment to "accounts receivable" without setting up this subject separately. When using this subject, we should pay attention to the relationship with "accounts receivable". The similarities between advance payment and accounts receivable are:

Both of them are the money that enterprises should collect from shopping units or labor service receiving units for selling goods, products and providing labor services.

Precautions

When establishing the accounts receivable in advance or related accounts, we should collect the corresponding money from the buyer in strict accordance with the requirements and regulations of the contract from the perspective of the enterprise. Usually, we can collect the accounts received in advance from the buyer, and at the same time, we can conduct financial accounting according to the accounts received in advance. We can write the establishment of accounting accounts on the purchase contract.

Baidu encyclopedia-accounts received in advance