Upon receipt of the bank interest note, the different situations are described as follows:

1. If interest on bank deposits is received, the accounting entries are as follows:

Debit: bank deposit

Loans: financial expenses

2. If the loan interest is deducted by the bank, the accounting entries shall be as follows:

Debit: financial expenses

Loans: bank deposits

The financial expenses incurred shall be debited to this account and credited to the corresponding account; Interest income and exchange income from financial expenses shall be deducted, debited to relevant subjects and credited to this subject; At the end of the period, the balance of undergraduate program should be transferred to the subject of "profit this year".

In the income statement, the single item "financial expenses" reflects the financial expenses incurred by the enterprise and is filled in according to the amount of "financial expenses", that is, the balance carried forward at the end of the period.

What are the accounting methods for interest income and expenditure?

Accounting treatment of interest income and expenditure. With the development of market economy, the content of enterprise interest income and expenditure accounting has gradually expanded from the original bank deposit and loan interest accounting to the loan interest accounting between enterprises and between enterprises and competent departments, and the forms of expression have gradually diversified.

(1) It is inappropriate for most enterprises to include the interest of mutual lending funds in "financial expenses". According to the tax policy, non-financial institutions provide funds to each other and collect capital occupation fees (including the capital occupation fees charged by the competent authorities to their affiliated enterprises), which are regarded as loans, and business tax should be levied according to the tax items of finance and insurance.

Therefore, the income from this fund occupation fee should be classified as "other business income", and business tax, urban maintenance and construction tax and education surcharge should be paid.

(2) The business of selling goods on credit between enterprises is becoming more and more frequent, and buyers often delay the payment. Therefore, the buyer needs to pay liquidated damages or interest on deferred payment. This kind of economic business is different from inter-enterprise capital borrowing, and its interest income should be included in the main business income as the extra-price income of the main business.

What should I do if I receive an accounting entry for bank interest settlement?