Generally, the interest payable is calculated according to the loan amount and the contract interest rate at the end of the period, and the following operations are performed.

Debit: financial expenses

Loan: interest payable

Actual payment time

Borrow: interest payable

Loans: bank deposits

If it is a small enterprise, the loan amount is not large, which has little impact on profits. When paying interest, it can be directly included in the expenses.

Debit: financial expenses

Loans: bank deposits