How to deal with the accounting of consulting fees?

Consulting expenses incurred by enterprises are generally included in management expenses accounting when accounting personnel do accounting. The following is the content of accounting treatment of consulting fees for deep space network finishing. Let's get to know each other.

How to calculate the consulting fee?

Consulting fees are generally included in management fees, and then there are two subjects for accounting. Specifically, it is necessary to make a judgment according to different businesses.

1. If the company's main business is consulting services:

Debit: accounts receivable/bank deposits, etc.

Loan: income from main business

Taxes payable-VAT payable

2. If it is other business income, it is included in other business income.

Debit: accounts receivable/bank deposits, etc.

Loans: other business income

Taxes payable-VAT payable

3. If it is a fee:

Borrow: management fees and other subjects.

Loan: bank deposit/cash on hand.

Among them, there are two common fees, one is lawyer consulting fee, and the other is technical consulting fee.

Lawyer consulting fees are generally included in management fees, while the accounting of technical consulting fees needs to be determined according to specific circumstances. Related to product research and development, included in the management expenses-R&D expenses accounting; Related to marketing, included in the sales expenses-consulting expenses accounting; If it is a technical consultation on the production process of a specific product, the consultation fee will directly enter the production cost accounting; If it is related to inventory purchase, the technical status of the consulting purchased items will be included in the procurement cost accounting.