Is the royalty income included in the sales income?

Royalty income belongs to operating income, and the income of income items includes sales of goods, so royalties will be included in sales income.

Royalties are operating income. The income that should be included in the sales (business) income includes sales of goods, provision of labor services, rental income, royalty income and deemed sales income. Property transfer income, dividends, bonuses and other equity investment income, interest income, donation income and other income are not included in sales (business) income. Royalties are operating income. The income that should be included in the sales (business) income includes sales of goods, provision of labor services, rental income, royalty income and deemed sales income. Property transfer income, dividends, bonuses and other equity investment income, interest income, donation income and other income are not included in sales (business) income.

Prepare for the primary accounting exam. If you don't know the elementary level. As a leading education platform in China, Niuzhang.com is committed to solving the problems of research, employment, further study and promotion of 30 million financial talents nationwide. Income from royalties refers to a taxable income of personal income adjustment tax in China. Refers to the income obtained by units and individuals from providing or transferring various patents, know-how, copyrights and trademarks. For others to use. Without permission, no unit or individual may use the franchise rights owned by units and individuals to seek benefits for their own services. Royalty refers to the use of patents, trademarks and copyrights owned by other economic units only if the concessionaire agrees to transfer or allow the use and payment of a certain royalty. It is a kind of payment as property income, and it does not belong to the payment of commodity management. The expenses incurred in using the exclusive assets of other units can only be made up by the property income obtained from using the assets. However, the expenses incurred in manufacturing patented products, patented methods or using trademarks include technical or management services, so they should be recorded as the production expenses of products. The use of exclusive rights is limited, and enterprises should use these economic rights within the scope permitted by the exclusive owner. If the scope and time limit are exceeded, the user will be punished.