The cost accounting of the catering industry, and those expenses are included in the pre-construction projects!

First, the pre-installation costs, decoration works, materials and salaries of pre-installation personnel during the pre-opening period are included in the construction in progress.

Borrow: Construction in progress.

Credit: Cash on hand

2. However, part of the fares at the beginning of opening and the electricity charges during renovation are included in deferred assets.

Debit: deferred assets

Credit: Cash on hand

Three, the catering industry cost accounting, there are two methods.

A. The materials purchased every month are directly included in the operating cost, and the cost is written off after the inventory is counted at the end of the month. The entry is as follows.

buy

Debit: main business cost

Credit: cash on hand/bank deposit.

(This step is directly included in the cost)

Month-end cancellation

Borrow: raw materials

Loan: main business cost

B. Carry over raw materials at the end of the month

time buying

Borrow: raw materials

Credit: cash on hand/bank deposit.

Receiving material