There are two ways to deal with the handling fee earned by the loan company:

1. When the guarantee fee is charged, a part of the deposit will be charged, which can be handled through the current account.

When paying the deposit:

Debit: Other receivables.

Loans: bank deposits

2. The guarantee fee incurred by the guarantee company for borrowing from the bank is the cost incurred by the loan and should be included in the financial expenses. Generally, the amount is relatively large, so it is suggested to add a detailed account of guarantee fees to distinguish between daily handling fees and account management fees.

How to deal with bank charges?

Accounting entries for bank charges (both manual and software are the same)

Debit: financial expenses-handling fee

Loans: bank deposits

Receive interest

1. Debit: bank deposit (black)

Debit: financial expenses-interest income (in red) (for profit and loss during the period of period-end carry-over)

or

2. Debit: bank deposit

Loans: financial expenses-interest income

How to deal with the accounting treatment of enterprise loan expenses?