1. The account elements are different

Interest is a profit and loss account; while handling fees are an asset account.

2. The content of accounting is different.

Interest expenses for financial expenses refer to interest expenses such as short-term borrowing interest, long-term borrowing interest, note payable interest, note discount interest, bond interest payable, long-term interest payable for imported foreign equipment, etc. (except for capitalized (excluding interest) minus interest income from bank deposits, etc.

The handling fee refers to the bond interest that has reached the interest payment period but has not yet been collected included in the actual price paid for short-term bond investment. This part of the interest receivable is not included in the initial investment cost of short-term bond investment. However, the actual price paid includes unexpired bond interest, which is included in the initial investment cost of short-term bond investment and is not required to be separately accounted for.

3. Different business entries

Financial expenses and interest receivable are different accounting methods, and they need to be used separately according to different situations. Interest income should eventually be included in financial expenses. Under the accounting accrual basis, if the interest income attributable to the current period is not received in the current period, it will be collected in the interest receivable account.

Baidu Encyclopedia - Interest

Baidu Encyclopedia - Handling Fee