Accounting entries of fund income distribution
1. Debit: bank deposit
Loan: income from main business
Taxes payable-VAT payable (output tax)
2. Debit: other receivables-funds
Loans: bank deposits
3. When collecting management fees:
Debit: bank deposit
Loan: income from main business
Taxes payable-VAT payable (output tax)
Do you need to deduct the handling fee for fund dividends?
Unlike the dividends of stocks or closed-end funds, the dividends of this fund are exempt from dividend handling fees. In addition, investors who choose the dividend reinvestment method are also exempt from subscription fees for the fund shares converted from their dividends.
What is the income from the main business?
Main business income refers to the operating income obtained by enterprises engaged in some major production and business activities. Such as the sales revenue of commodity circulation enterprises; Income from the sale of products, semi-finished products and the provision of industrial services by the manufacturing industry; Ticket income, tourist income, catering income of tourism service industry, etc.
At the end of the period, the borrower registered the sales refund amount and the profit amount transferred to this year, and the income obtained by the lender registered the enterprise to sell goods and provide services had no balance after the end of the period.
The main business income varies according to the different activities of enterprises in various industries. For example, the main business income of industrial enterprises refers to "product sales income"; The main business income of a transportation enterprise refers to "transportation income"; The main business income of a construction enterprise refers to "project settlement income"; The main business income of wholesale and retail trading enterprises refers to "commodity sales income" and so on.