Bank charges are included in the financial expenses of the first-level subjects, and the second-level subjects are handling fees. The accounting entries of bank charges are: financial charges-charges; Loan: bank deposit. Financial expense account generally refers to the expenses incurred by enterprises to raise funds needed for production and operation. In a more popular way, it refers to the expenses incurred by the bank when the income and expenses generated in the production and operation of the enterprise are transferred and remitted.
Specific items in financial expenses include: net interest expenditure (the difference between interest expenditure and interest income), net exchange loss (the difference between exchange loss and exchange income), handling fees of financial institutions and other expenses incurred for raising production and operation funds.
Accounting classification:
1. Asset account: according to the liquidity of assets, it is divided into accounts reflecting current assets and accounts reflecting non-current assets.
2. Liabilities: According to the repayment period of liabilities, they are divided into subjects reflecting current liabilities and subjects reflecting long-term liabilities.
3. Common account: The characteristic of common account is that it needs to define its nature from the direction of its ending balance.
4. Owner's equity account: According to the formation and nature of equity, it can be divided into account reflecting capital and account reflecting retained earnings.
5. Cost account: including production cost, labor cost and manufacturing cost.
6. Profit and loss account: divided into income account and expense account. Income subjects include main business income, other business income, investment income and non-operating income. Expenses include main business costs, other business costs, business taxes and surcharges, other business expenses, sales expenses, management expenses, financial expenses and income tax expenses.