Borrow: other monetary funds-credit cards,
Loan: bank deposit or cash on hand,
Other monetary funds refer to all kinds of monetary funds except cash and bank deposits. Including foreign deposits, bank draft deposits, bank promissory notes deposits, credit card deposits, letter of credit deposits and investment deposits.
What is the cost of credit card repayment in accounting subjects?
Credit card repayment is generally regarded as other payables in accounting subjects, and the accounting entries are as follows:
Debit: Other payables
Loans: bank deposits
Credit card repayment means that when the cardholder's credit card consumption reaches the final repayment date, in order to ensure the cardholder's good credit record, the bill consumption funds will be returned to the bank.
Credit card holders enjoy the following preferential conditions for non-cash transactions:
(1) Interest-free repayment period. The interest-free repayment period is between the bank bookkeeping date and the due repayment date stipulated by the issuing bank. The longest interest-free repayment period is 60 days. Cardholders can enjoy an interest-free repayment period by repaying all the used bank funds before the due repayment date, without paying interest on non-cash transactions.
(2) Minimum repayment amount. If the cardholder has difficulty in repaying all the money used by the bank before the due repayment date, he can repay according to the minimum repayment amount stipulated by the issuing bank.
Article 21 When a credit card holder chooses the minimum repayment method or uses a card that exceeds the credit limit approved by the issuing bank, he will no longer enjoy the interest-free repayment period, and will pay overdraft interest at the prescribed interest rate for the unpaid part from the bank bookkeeping date.
Credit card holders who withdraw cash or quasi-credit card overdrafts do not enjoy interest-free repayment period and minimum repayment amount, but should calculate overdraft interest on the cash transaction amount or overdraft amount at the prescribed interest rate from the bank bookkeeping date.
Article 22 The issuing bank shall charge the cardholder the overdue fine of 5% of the outstanding minimum repayment amount and the credit line exceeding the limit and the handling fee exceeding the limit.
Article 23 Credit card overdrafts will be compounded monthly, and quasi-credit card overdrafts will be paid monthly. The overdraft interest rate is 0.5 ‰ of the daily interest rate, which will be adjusted according to the current interest rate adjustment of the People's Bank of China.
The issuing bank shall regularly review the credit status of credit card holders and adjust their credit limit according to the changes of credit status.
Forty-second card-issuing banks should establish an authorization examination and approval system to clarify the authorization authority and authorization quota of employees at different levels.
Article 43 The issuing bank shall strengthen the management of the stop payment list and send and receive the stop payment list in time.
Article 44 The issuing bank shall not advance the agency business handled by debit card for the cardholder or the entrusting unit.
Forty-fifth card-issuing banks should follow the following credit card business risk control indicators:
(1) The single overdraft amount of the same cardholder's personal card shall not exceed 20,000 yuan (including equivalent foreign currency), and the single overdraft amount of the corporate card shall not exceed 50,000 yuan (including equivalent foreign currency).
(2) The monthly overdraft balance of an individual card in the same account shall not exceed 50,000 yuan (including equivalent foreign currency), and the unit card shall not exceed 3% of the comprehensive credit line granted by the issuing bank to the unit. The monthly overdraft balance of the unit without comprehensive credit line for reference shall not exceed 654.38 million yuan (including equivalent foreign currency).
(3) The overdraft limit of foreign currency cards shall not exceed 80% of the cardholder's deposits (including the pledged amount of certificates of deposit).
(4) The monthly average overdraft balance that newly occurs over 180 days (including 180 days, the same below) since the implementation date of these Measures shall not exceed 15% of the monthly average overdraft balance.
How do companies make accounting entries by swiping credit cards?
The accounting entries of the company's credit card are as follows:
Debit: bank deposit
Credit: other payables
When returning the credit card, the accounting entries are as follows:
Debit: Other payables
Loans: bank deposits
Other payables refer to the payables and temporary receipts of other units or individuals that are not directly related to the main business of the enterprise, such as the rent payable for renting fixed assets and packaging, the deposits received, the overall pension payable, and the wages that employees fail to receive on time.
Extended data:
In case of various payables, temporary receipts or refunds, the enterprise shall debit "bank deposits" and "management fees" and credit "other payables"; When making relevant payments, debit the account of "other payables" and credit the account of "bank deposit".
The funds transferred by the enterprise through after-sale repurchase shall be debited to the subject of "bank deposit" and credited to the subject according to the actual amount received. For the difference between the repurchase price and the original sales price, interest expenses shall be accrued on schedule during the after-sale repurchase period.
Debit "financial expenses" and credit this account. When buying back the goods as agreed in the contract, the account shall be debited according to the actual amount paid and credited to the account of "bank deposit".
Baidu encyclopedia-other payables
This concludes the introduction of how to write credit card entries and credit card entries. I wonder if you have found the information you need from them?