Current location - Recipe Complete Network - Complete cookbook - How to do the accounting entries of restaurant rent and meal payment?
How to do the accounting entries of restaurant rent and meal payment?
When the accountant encounters the situation that the rent of the restaurant offsets the meal fee, he usually accounts for the management expenses, accounts receivable and other subjects. How to make specific accounting entries?

Accounting entries for restaurant rent and meal payment

1. When paying rent or bill:

Borrow: management fee-rental fee

Loan: Other Payables-Landlord

2. When the landlord comes to the restaurant for consumption:

Debit: Accounts Receivable-Landlord

Loan: income from main business

3. If the subjects cancel each other out:

Borrow: Other Payables-Landlord

Loans: Accounts Receivable-Landlord

What's the rental fee?

Rental fees refer to the expenses paid by enterprises for business premises, means of transport, warehouses, low-value consumables and equipment. Leased out by means of lease, but excluding the fixed assets lease fee rented out by enterprises by means of financial lease. Rental income of fixed assets and packaging materials. , which belongs to the enterprise's external rental, should be treated as other business income, and the rental fee cannot be offset.

What are accounts receivable?

Accounts receivable refers to the money that an enterprise should collect from the purchasing unit when selling goods, products and providing services in the normal course of business, including the taxes and fees that should be borne by the purchasing unit or the labor service receiving unit, as well as various transportation and miscellaneous fees paid by the purchasing party. Accounts receivable is a kind of creditor's right formed with the sales behavior of enterprises. Accounts receivable include creditor's rights that have occurred and will occur in the future. The former is a creditor's right that has happened and is clearly established, and the latter is a creditor's right that has not happened in reality but will definitely happen in the future.