1. Record the cost of decoration engineering, including materials, labor, design and other expenses.
2, according to the contract or agreement to confirm the decoration project income.
3. Calculate the profit of the decoration project, that is, income minus cost.
4. The profit of the renovation project is included in the company's income statement.
Accounting is the basis of accounting work. For small-scale companies, the accounting of decoration expenses needs to follow general accounting principles and regulations. First of all, we should record the cost of the decoration project, including materials purchased, labor costs paid, design fees, etc. These expenses are an important part of the decoration project and need to be recorded accurately. Secondly, to confirm the income of the decoration project, it can be determined according to the contract or agreement. Generally speaking, income is the money paid by customers after the renovation project is completed. Finally, calculate the profit of the decoration project, that is, income MINUS cost. This profit needs to be included in the company's profit statement before it can be reflected in the financial statements.
In order to keep accounts correctly, small-scale companies need to pay attention to the following points:
1. Establish a complete accounting record system, including original vouchers, bookkeeping vouchers, subsidiary ledger, general ledger, etc.
2. Record the cost of the decoration project in time to ensure that the cost is true, complete and accurate.
3. Regularly check and audit accounting records to ensure the accuracy and reliability of accounting information.
4. Comply with relevant laws, regulations and accounting standards to ensure that accounting is legal and compliant.
To sum up, small-scale companies need to record costs, confirm revenues, calculate profits and include them in the income statement. In order to make accounts correctly, the company needs to establish a complete accounting record system, record all expenses in time, review the audit regularly, and abide by relevant laws, regulations and accounting standards.
Legal basis:
People's Republic of China (PRC) accounting law
Article 25
Companies and enterprises must confirm, measure and record assets, liabilities, owners' rights and interests, income, expenses, costs and profits according to the actual economic and business matters and the provisions of the unified national accounting system.
Article 26
Companies and enterprises shall not commit the following acts in accounting:
(1) arbitrarily change the recognition standard or measurement method of assets, liabilities and owners' equity, and falsely list, over-list, exclude or under-list assets, liabilities and owners' equity;
(two) falsifying or concealing income, delaying or confirming income in advance;
(3) changing the recognition standard or measurement method of expenses and costs without authorization, and falsely listing, multi-listing, not listing or under-listing expenses and costs;
(4) Adjusting the calculation and distribution methods of profits at will, fabricating false profits or concealing profits;
(five) other acts in violation of the provisions of the unified accounting system of the state.