Accounting entry of lease patent right
Debit: bank deposit
Loans: other business income
Amortization lease patent right
Borrow: management fee
Credit: other business costs
What is other business income?
Other business income refers to the inflow of economic benefits formed by daily activities such as selling goods, providing labor services and transferring the right to use assets other than the main business income of an enterprise. Such as sales of materials, materials and packaging materials, licensed use of intangible assets, rental of fixed assets, rental of packaging materials, transportation, sales of waste materials, etc.
What are the other business costs?
Other business expenses refer to the expenses incurred by an enterprise in other daily business activities other than its confirmed main business activities. Other business costs include the cost of selling materials, depreciation of leased fixed assets, amortization of leased intangible assets, cost or amortization of leased packaging materials, etc. If the investment real estate is measured by cost model, the depreciation or amortization of the investment real estate also constitutes other operating costs.
How much is the management fee?
Management expenses refer to the expenses incurred by the administrative department of an enterprise for organizing and managing production and business activities. Including company funds, trade union funds, unemployment insurance premiums, labor insurance premiums, directors' membership fees, agency fees, consulting fees, attorney fees, business entertainment expenses, office expenses, travel expenses, post and telecommunications expenses, greening expenses, manager's salary and welfare expenses, etc. Expenses incurred by the board of directors and the administrative department in the operation and management of the enterprise or borne by the enterprise.