Like other industries, accounting items of assets, liabilities and owners' equity should be set up in catering enterprises. And the income, cost, expenses and profits are accounted for in detail.

The key points of accounting in catering industry are: settlement and collection of sales accounts, procurement and management of materials, etc.

assets, liabilities and equity. Mainly include: cash, bank deposits, accounts receivable, prepayments, other receivables, raw materials, low-value consumables, prepaid expenses, fixed assets, taxes payable, wages payable, accounts payable, other accounts payable, prepaid expenses, paid-in capital, surplus reserve, profit distribution and other detailed subjects. Extended information

Raw materials purchased by catering industry in the free market cannot be recorded without invoices. As an important external voucher, invoices are an important basis for taxpayers to accept tax management, and also for making accounting vouchers and registering accounting books.

Articles 21 and 21 of the Measures for the Administration of Invoices stipulate that units and individuals that sell goods, provide services and engage in other business activities shall collect money from foreign businesses, and the payee shall issue invoices to the payer. Under special circumstances, the payer will issue an invoice to the payee. All units and individuals engaged in production and business activities shall obtain invoices from the payee when purchasing goods, receiving services and paying for other business activities. When obtaining invoices, they shall not ask to change the name and amount.

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