If it is a financial enterprise, the accounting entries of the interest as operating income accounting are: debit: bank deposit, loan: main business income-interest income. If the unit is a non-financial enterprise, then this interest can directly offset the financial expenses, borrowing: bank deposits, lending: financial expenses-interest income.

Non-financial institutions that lend their own funds are generally accounted for through other business income; If it is a loan, you can offset the interest expense and record it as a financial expense.

accounting treatment

1. This account accounts for the interest income recognized by enterprises (finance), including the interest income of various loans (syndicated loans, trade financing, discount and discounted cash, agreed overdraft, credit card overdraft, refinancing, advances, etc.). ), capital transactions with other financial institutions (central banks, peers, etc.). ), buy financial assets for resale, etc.

Two, this course can be detailed accounting by business category.

3. On the balance sheet date, the enterprise shall debit the interest receivable calculated and determined according to the contract interest rate, credit the interest income calculated and determined according to the amortized cost and the actual interest rate, and debit or credit the loan interest adjustment and other subjects according to the difference.

If the difference between the actual interest rate and the contract interest rate is small, the contract interest rate can also be used to calculate and determine the interest income.

Four, at the end of the period, the balance of this account should be transferred to the "profit of this year" account, and there is no balance in this account after the carry-over.

interest

Interest is the use fee of money in a certain period of time, and it refers to the reward that money holders (creditors) get from borrowers (debtors) for lending money or monetary capital. Including deposit interest, loan interest and interest generated by various bonds. Under the capitalist system, the source of interest is the surplus value created by hired workers. The essence of interest is a special transformation form of surplus value and a part of profit.