1. If it is a financial enterprise, interest can be accounted as operating income. The accounting entries are as follows:

Debit: bank deposit

Loan: the main business income is 33,354 interest income.

2. If the unit is a non-financial enterprise, the interest can directly offset the financial expenses. The accounting entries are as follows:

Debit: bank deposit

Loans: financial expenses-interest income

Non-financial institutions generally lend their own funds through other business income accounting. If they borrow money, it will be used to offset interest expenses and recorded in financial expenses.

Do I have to pay taxes on loan interest?

When you borrow money from affiliated enterprises to earn interest income, you have to pay value-added tax and additional tax. For the loan contract, you should pay stamp duty.

According to relevant regulations, provide:

1. The deposit interest income obtained by taxpayers by depositing monetary funds in banks and other financial institutions is not subject to VAT.

2. For the interest income of taxpayers who entrust funds to financial institutions to issue loans, or lend funds to other units or individuals by themselves or in other ways, the corresponding value-added tax shall be paid according to the tax item of "financial insurance".

3. Because the interest income obtained by the enterprise will directly offset the current financial expenses, it will have an impact on the corresponding taxable income, resulting in an increase in the current income tax. Therefore, interest income needs to pay enterprise income tax.

4. The scope of loan contracts subject to stamp duty includes: loan contracts signed between banks and other financial institutions and borrowers. This does not include inter-bank loans.

How to deal with the accounting entries of loan interest invoices?