Matters included in financial expenses:
1. Interest expense refers to the net amount of interest expense such as short-term loan interest, long-term loan interest and notes payable minus interest income.
2. Exchange loss refers to the difference between the bank purchase price and the bookkeeping exchange rate caused by the enterprise's settlement or purchase of foreign exchange from the bank; At the end of the month (or quarter, year), losses such as the difference between the book RMB amount converted by various foreign currencies at the exchange rate specified at the end of the period and the original book RMB amount.
3. Related expenses refer to the expenses paid for issuing bonds (except the expenses to be capitalized), the expenses for withdrawing bills from banks and other expenses, excluding the expenses paid for issuing stocks. Other financial expenses refer to expenses such as financial leasing expenses for renting fixed assets.
Knowledge expansion
Unrealized exchange gains and losses: according to the requirements of the accounting system, all monetary funds, creditor's rights and debts expressed in foreign currency, such as foreign currency cash, foreign currency deposits, foreign currency creditor's rights receivable, foreign currency debts payable, etc., shall be converted into RMB at the foreign exchange rate on the preparation date. This conversion only changes the monetary measurement scale, and the foreign currency trading business has not actually occurred, and the exchange gains and losses that have occurred have not been realized.
Realized exchange gains and losses: In addition, the financial expenses of the enterprise also include the handling fees of financial institutions and other expenses incurred in raising production and operation funds. Financial expenses are accounted for as period expenses in accounting, and the financial expenses incurred by enterprises are accounted for in the "financial expenses" account, and detailed account accounting is carried out. There is no balance after the balance of "financial expenses" at the end of the period is carried forward to "this year's profit".
Relevant handling fees refer to the handling fees paid for issuing bonds (except capitalization), the handling fees of issuing banks, and the handling fees for adjusting foreign exchange. , but does not include the handling fee paid for issuing shares.
Cash discount refers to the financial expenses incurred by enterprises in order to withdraw funds as soon as possible, reduce the loss of bad debts and shorten the time of payment. The cash discount is directly included in the current financial expenses, in which the cash discount that the seller should give is debited to the financial expenses, and the cash discount actually obtained by the buyer is debited to the financial expenses with "negative number".