1, membership card recharge,

Borrow: bank deposits/cash on hand

selling expenses/financial expenses

credit: advance receipts (rechargeable portion + gift portion)

2, members of the card in the sale of the fee

Borrow: advance receipts

credit: main business income

enterprises in receiving Advance receipts, first included in the "advance receipts" of the credit side, at this time the item is expressed as a liability; wait until the enterprise issued the goods, according to the total price and tax included in the "advance receipts" of the debit side, due to the advance receipts will be less than the actual price and tax, in the enterprise after the issuance of goods The balance of "Advance Receipts" is generally a debit, which is essentially a receivable in nature and is equivalent to "Accounts Receivable".

At the end of the presentation, if the end of the period "advance receipts" for the debit balance should be included in accounts receivable, such as credit balance is included in advance receipts. If there are not many advance receipts, they can be replaced by "Accounts Receivable", which is presented in the same way.

Expanded information:

1, debit incurred (indicates a decrease in the accounts receivable)

and revenue recognized in tandem with the uncollectible, the bad debt has been written off the customer confirmed that the recovery of the ability to pay, from the " accounts receivable" account. Accounts receivable" account, transferred from "other receivables" account, due to the bills receivable due to non-payment and transferred, the spot commercial bills due to non-payment and transferred to short-term loans, on behalf of the purchasing unit of the advance payment of the packaging costs of transportation and miscellaneous costs of insurance premiums;

2, the occurrence of credit (indicates that the advance receipts) (Increase)

Accounts received in advance from customers, business receipts, commercial bills of exchange received in advance, settlement of accounts receivable by inventory, settlement of accounts receivable by equity, settlement of accounts receivable by debt, settlement of fixed assets and intangible assets, recognized losses on bad debts, losses on restructuring of debts, "accounts receivable" or "other payables", "other payables" or "other receivables", and so on. "Other accounts payable" account transferred to

3, the closing balance

Accounts Received in Advance account at the end of the credit balance, reflecting the enterprise to the purchasing unit of the advance receipts, the closing debit balance of accounts receivable, reflecting the enterprise should be charged to the purchasing unit or the unit of acceptance of labor services.

Difference between advance receipts and accounts receivable:

1. Accounts receivable is an asset class account.

Accounts receivable refers to the amount of money that should be collected from the unit that purchases goods or receives labor services due to the business activities such as selling goods and providing labor services.

2. Advance receipts are liability accounts.

Accounts received in advance refers to the enterprise in accordance with the provisions of the contract, to the purchasing unit to collect the money in advance. Payments received in advance by an enterprise before shipment shall be treated as a liability of the enterprise.

3. When sales are made, those who receive the money before paying for the goods are accounts receivable in advance, and those who pay for the goods before receiving the money are accounts receivable. Accounts receivable is mainly used for credit sales, sales of debit "accounts receivable" credit "income from main business, VAT payable", the collection of money, debit "bank deposits", credit "accounts receivable", if the goods have been sold and not yet received the money, debit accounts receivable.

While the nature of accounts receivable and advance receipts are not the same, but they are accounting for the sale of business, and the collection of money are credited to "receivables and advance receipts", the delivery of goods are debited to "advance receipts and accounts receivable", so the debit side of the accounting content is the same.

4, accounts receivable accounting in line with the sale of goods, the provision of services to recognize the conditions of revenue generated by the claim, the creditor is an asset.

5, accounts receivable accounting for the sale of goods, the provision of services under the contractual agreement to collect a deposit or advance payment in advance, for the collection of the enterprise, is a liability. (That is to say, in line with the sale of goods, the provision of services revenue recognition conditions before the collection of money).

Baidu Encyclopedia-Advance Receipts