If it is a normal purchase, the accounting entries are made step by step: debit: related subjects (management expenses, sales expenses, etc. ) loan: bank deposit; The related expenses incurred are included in financial expenses: financial expenses loans: bank deposits; Credit card loans are accounted for separately: short-term loans: bank deposits.
Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits. Credit card consumption is a non-cash transaction payment method, and there is no need to pay cash when spending, and repayment is made on the billing day. Therefore, general credit card swiping or posting is recorded in other monetary funds.
Other monetary funds refer to the monetary funds of an enterprise other than cash and bank deposits. It includes foreign deposits, bank draft deposits, bank promissory notes deposits, letter of credit deposits, credit card deposits and investment deposits. (1) Foreign deposits refer to the funds remitted to the purchasing bank to open a special purchasing account when an enterprise makes temporary sporadic purchases in other places; (2) Bank draft deposit refers to the money deposited in the bank by an enterprise to obtain a bank draft; (3)? Cashier's cashier's check deposit refers to the money deposited in the bank by an enterprise to obtain cashier's check; (4) Credit card deposit refers to the money deposited by an enterprise in a bank to obtain a credit card; (5) L/C deposit refers to the money that the enterprise deposits in the bank as a L/C deposit account; (6)? Deposit and investment refers to the monetary funds deposited by enterprises in securities companies but not yet invested. Accounting of other monetary funds: Other monetary funds refer to other monetary funds except cash on hand and bank deposits, including foreign deposits, bank draft deposits, cashier's check deposits, letter of credit deposits, credit card deposits and investment deposits. Account opening: other monetary funds-foreign deposits, other monetary funds-bank drafts, other monetary funds-cashier's checks, other monetary funds-letters of credit, other monetary funds-investment funds, etc.
Is credit card spending charged on the same day?
If China Merchants Bank's credit card is consumed on the same day, it will generally be included in next month's bill, and you can enjoy an interest-free period of nearly 50 days. Finally, please refer to the actual bill (except cash advance).
For example, a cardholder's credit card bill date is 1 and the due repayment date is 20th. Card friends spend money by swiping their cards on1October 5th, 2nd and 30th, 165438+, and the bank will make a summary settlement on February 6th, 65438+ 1
Since the billing date usually indicates the billing date, the billing data ends at 23:59:59 the night before the billing date. That is, the consumption starting at 0: 00 am on the billing day will be included in the next bill.
About the date of the credit card bill for the current day:
1. Under normal circumstances, the one-day consumption of China Merchants Bank's credit card bill is included in the next bill; For example, the bill date is 65438+125, and the consumption on the 25th is generally recorded on the 26th, so it is accounted for in the next bill. That is, it will not be repaid until February 23.
2. The single-day consumption of China Bank's credit card bill is included in the next bill; For example, a credit card, bill on July 7, bill on August 7, and the final repayment date is August 27. Please refer to the bill you received for details.
3. The single-day consumption of the Bank of Communications credit card account is included in the next bill; For example, the billing date of a credit card is 10, and the payment date is July 10. The bill will be settled on August 10, and the final repayment date is September 5. Please refer to the bill you received for details.
4. Different banks have different calculation methods. Some banks with fast deposits are included in the current month, such as Shanghai Pudong Development Bank, and some banks with slow deposits are included in the next bill, such as China Merchants Bank and Bank of Communications. Banks are not unified. To be on the safe side, it is recommended to spend on the day after the billing date to avoid overdue due to different banks.
The object of applying for credit card can be divided into units and individuals. Applicants should be organs, enterprises and institutions, foreign-invested enterprises and individual industrial and commercial households with independent legal personality in China. When applying for a credit card, each unit can get a main card and multiple (5- 10) supplementary cards as needed.
Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.
The application method is generally by filling in a credit card application form, which generally includes the applicant's name, basic information, economic situation or income source, guarantor and its basic information. And submit some copies of certificates and vouchers to the issuing bank. After filling in the application form truthfully, the customer shall submit the completed application form and relevant credit certificate.
A credit card contract is attached to the application form. The applicant authorizes the issuing bank or relevant departments to investigate the relevant information, and submit the information authenticity statement and the privacy protection policy of the issuing bank. , and must have the applicant's autograph.
How to charge a credit card account
I have used it for five years and it has been very good. I recently got a credit card, and my account has become a mess.
I have two ways of keeping accounts. 1 Classification by flow direction 2 Classification by ownership. I would say that it is very troublesome to record credit card consumption according to the flow direction, because there are three revenue and expenditure processes in a consumption, so I came up with a new method of classification according to ownership, regardless of the revenue and expenditure process. Details are as follows:
1 Classification by capital flow (not recommended)
There are only two kinds of capital flows, income and expenditure.
In actual bookkeeping, I will find that the process of some accounts is very complicated, and my biggest headache is to record credit card bills.
I personally want to explain the credit card bill clearly, and I can skip the ones that are not interested (the middle part of the dotted line).
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Use Visa credit card to spend a commodity with a unit price of 10 rand (South African currency, unit: R), and the accounting results are as follows.
Expenditure R 10 (not really spending money, but recording the consumption process)
According to the exchange rate given by visa to Rand against the US dollar at that time, the accounting results are as follows
Expenditure 10÷ 14 = 0.765438 USD +0, and income 10.
A few days later, according to the exchange rate of RMB against the US dollar, a bill of RMB against the US dollar was generated. The accounting results are as follows.
The expenditure is 0.765438 USD +0×6.6=￥4.7 1, and the income is 0.765438 USD +0.
When paying back the money, the credit card indicates that the bill amount is 4.7 1, so the repayment is 4.7 1 (it really costs money).
It seems all right. The only key is that the real money spent is RMB, and the goods priced in Rand are bought.
This is a problem caused by simplifying the process of swiping cards, and it must be interpreted as an occasional obsessive-compulsive disorder patient.
The final expenditure of RMB is not to buy goods, but
Flashback of three trading processes: RMB buys USD, USD buys Rand, and Rand buys commodities.
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A transaction has three different occurrence times and two intermediate exchange rates. It is troublesome to keep the accounts clear by credit card.
2 Classification according to ownership differences (five years of bookkeeping experience, founded by JefferyEou)
The ownership of funds is temporarily defined as two kinds: ownership and no ownership.
Ownership funds, such as wages, rents received, bonuses, etc. They are all earned by themselves, and their main attribute is protection.
Non-owned funds refer to borrowed money, such as credit card cashing. This kind of money doesn't belong to me, but I can use it. Its main attribute is time. Below I use non-owned funds to express it, which is more in line with my thinking habits.
Therefore, my account book manages the fund account ① ownership ② borrowing right.
Suppose my credit card limit is 5000 yuan. In order to facilitate the bookkeeping of Rand consumption, I set up a loan right account with two sub-accounts, one with a balance of 2,000 yuan and the other with a balance of 3,000 yuan × 2. 12 = r6360.
The account setting in your notebook will be fixed in currency, so it should be set separately.
Control the sum of all sub-accounts to be equal to the total credit card amount.
With this account setting method, let me simulate the process of credit card consumption.
Use Visa credit card to spend a commodity with a unit price of 10 rand (South African currency, unit: R), and the accounting results are as follows.
(2) Expenditure in Rand sub-account of borrowing right R 10
There is no change of ownership between the beginning and the intermediate process.
This kind of thinking regards the credit card limit as an account.
Therefore, ① the final repayment of ownership funds is not an expenditure of RMB 4.71,but a transfer! ② RMB sub-account of borrowing right
At this point, general liquidation is performed.
Reduce ownership funds by ￥4.7 1
The total amount of borrowing right funds remains unchanged (it may change due to the exchange rate, but it is basically unchanged).
The change of the total amount of the loan right fund account after repayment can directly explain how much the exchange rate loss of the credit card is!
Kill two birds with one stone!
Because Visio is often used in my work, I am more accustomed to drawing concept maps (Baidu Brain Map) to clarify my thoughts.
I am currently working in South Africa and will return to China soon. I look forward to good job opportunities! Sure!
How much do you charge for credit card consumption?
In terms of how to charge for credit card consumption, in terms of credit card charging, if you want to spend, directly in that credit card,
So much for the introduction of how to charge for credit card consumption.