The difference between accrued expenses and amortization expenses is that accrued expenses refer to the payment after obtaining the official invoice, such as issuing the year-end bonus; Prepaid expenses refer to expenses paid in advance, such as property fees and rent.

After the implementation of the new accounting standards, the subjects of "accrued expenses and amortization expenses" were cancelled.

Prepaid expenses and prepaid expenses are special subjects of accrual basis principle.

Accrued expenses refer to the expenses that the enterprise withdraws in advance according to the regulations but has not actually paid. That is, if the enterprise fails to pay, but should pay, it should be recorded in the liabilities. China's new accounting standards canceled this subject, which originally belonged to the business of withholding expenses, and now it should be included in the "other payables" subject. The characteristics of accrued expenses are benefit, accrued first and paid later. Installment payment of similar real estate (explicitly abolished by the state).

Prepaid expenses refer to expenses that have been incurred or paid, but need to be gradually amortized into the product cost, such as license fees, patent fees, design fees, consulting fees, etc. For imported technology projects. These expenses are generally paid before the project is put into production, and are included in the cost once or in batches after the project is put into production.