How to deal with the overdue fine received by the water company?

Late fees paid by enterprises for collecting water charges should be included in the "non-operating expenses" subject and carried forward to the "profit this year" subject at the end of the year. The specific items are as follows:

1. When the water fee late fee is accrued:

Borrow: non-operating expenses

Credit: other payables

2. When paying the late fee for water charges:

Debit: Other payables

Loans: bank deposits

3. When carrying forward this year's profit at the end of the period:

Debit: this year's profit

Loans: non-operating expenses

The late fee for water fee refers to the fact that the unit fails to pay the water fee within the prescribed time limit, and the waterworks orders it to pay the water fee within the prescribed time limit. The overcharged late fee is actually a compensation for the unit to occupy the water fee.