The operating profit of insurance is special: insurance companies are different from ordinary industrial and commercial enterprises. Ordinary enterprises deduct the cost, tax and related expenses from the sales income of commodities in the course of operation, and the surplus is profit; ?
Insurance enterprises are special enterprises that bear the responsibility of compensation for losses. The premium income of the current year cannot simply be regarded as the operating profit after deducting the indemnity, taxes and expenses of the current year, but all the reserves must be taken into account, including the unearned liability reserve, the outstanding indemnity reserve and the general reserve.
Expanding the information insurance agency business is to obtain the agency right from the insurance company and earn the intermediate price difference. This price difference is quite special. Let's analyze how this price difference is calculated.
1, collection cost
Debit: Labor Cost-Agency Insurance Expenditure
Loans: bank deposits, wages payable to employees.
2. Expenses incurred during the period.
Debit: management expenses, sales expenses and financial expenses.
Loans: bank deposits, accounts payable and accumulated depreciation.
3. To obtain the premium paid by the insured, it is assumed that the premium is paid by the agency, and the agency fee of the insurance company is not directly deducted from the premium, but paid to the agency by the insurance company according to the contract.
Borrow: cash or bank deposit
Credit: other payables
4. Obtain the invoice of agency income
Debit: bank deposit
Loan: main business income-insurance agency fee income.
5. Earn kickback income
Debit: bank deposit
Loan: main business income-insurance agent rebate income.
6. Carry-over costs
Carry forward according to the principle of balance of payments, that is, carry forward according to the proportion of agency income and agency expenditure. When the agency income has not been obtained, the collected insurance agency fees will not be carried forward temporarily.
Debit: main business cost
Loans: labor costs
Note: In order to provide enterprise internal management information, it is suggested to set up labor cost accounts according to the expenses incurred, and distinguish the difference parts from the non-difference parts. ?
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