Therefore, enterprises periodically settle funds with
Posted: Mon Dec 23, 2024 10:15 am
let's talk about business finance? Handsome but not more than a minute Figure: Two settlement methods For the sake of convenience, I hope that everyone can separate accounts and funds, and understand accounts receivable and payable as accounts on the accounting books, and actual receipts and payments as funds in the account balance.
. Bank fund settlement. Bank fund settlement is a current business after all. It japan code number telephone adopts the cash basis, which means that the funds are settled according to the real-time income and expenditure transactions. Therefore, the cycle between receivables and actual payments is very short. It is basically quasi-real-time in China. Even if the settlement is delayed in some overseas regions, it is only a few days. After the funds arrive, the transaction amount of the account is transferred and written off with the customer or bank deposit to achieve the final consistency of funds and accounts.
. Enterprise financial settlement. Enterprise finance is a way to separate receivables and payables. It adopts the accrual basis, which means that the signing of the contract and the issuance of the invoice will record the account. After the funds arrive, the income is confirmed. The same is true for payables and actual payments. Due to the existence of manufacturing, enterprises cannot strictly match the cost of raw material procurement with the income from the sale of products. plans. Including banks themselves are enterprises, so their finances are also the same.
For example, banks and enterprises often use prepayment or monthly settlement to collect fees for payment services. Individual customers will adopt the real-time deduction method for the convenience of management. Reconciliation and auditing After understanding the bank fund settlement and corporate financial settlement, since the accounting standards of banks and payment institutions are basically the same, let's take a look at the difference between current account settlement and financial settlement. . Clearly understand who the money belongs to. Now many e-commerce platforms have payment licenses. At the same time, enterprises generally accept online marketing and have connected to traffic platforms such as Douyin and Meituan to carry out online business.
Both are enterprises that are carrying out business and financial integration business. They both include some of the same roles and links such as suppliers, procurement, logistics, and distribution. To understand the relationship between "current account settlement and financial settlement", the first question to be clarified is "whose money is it?" So talk about business and finance? It's not handsome for a minute. Figure: Current account settlement reconciliation and financial auditing flow is the customer's money. Most of the funds circulating in the three parties and e-commerce platforms for current account settlement reconciliation are transaction flow and customer funds.
Therefore, we use reconciliation and clearing to separate the customer's funds and corporate income in the flow and settle the customer's funds to the customer. Revenue is the company's money. After the financial audit clears the customer's funds, the remaining service fees, logistics fees, and other income collected by the platform merchants are left. These funds are settled by licensed institutions to the company's own funds, and they belong to the company's revenue. Since it is self-owned funds, there is no clearing. What financial reconciliation needs to do is audit. At this time, the funds that directly enter the company's own account will be audited for revenue, and the flow generated by online transactions will be audited for transactions.
. Bank fund settlement. Bank fund settlement is a current business after all. It japan code number telephone adopts the cash basis, which means that the funds are settled according to the real-time income and expenditure transactions. Therefore, the cycle between receivables and actual payments is very short. It is basically quasi-real-time in China. Even if the settlement is delayed in some overseas regions, it is only a few days. After the funds arrive, the transaction amount of the account is transferred and written off with the customer or bank deposit to achieve the final consistency of funds and accounts.
. Enterprise financial settlement. Enterprise finance is a way to separate receivables and payables. It adopts the accrual basis, which means that the signing of the contract and the issuance of the invoice will record the account. After the funds arrive, the income is confirmed. The same is true for payables and actual payments. Due to the existence of manufacturing, enterprises cannot strictly match the cost of raw material procurement with the income from the sale of products. plans. Including banks themselves are enterprises, so their finances are also the same.
For example, banks and enterprises often use prepayment or monthly settlement to collect fees for payment services. Individual customers will adopt the real-time deduction method for the convenience of management. Reconciliation and auditing After understanding the bank fund settlement and corporate financial settlement, since the accounting standards of banks and payment institutions are basically the same, let's take a look at the difference between current account settlement and financial settlement. . Clearly understand who the money belongs to. Now many e-commerce platforms have payment licenses. At the same time, enterprises generally accept online marketing and have connected to traffic platforms such as Douyin and Meituan to carry out online business.
Both are enterprises that are carrying out business and financial integration business. They both include some of the same roles and links such as suppliers, procurement, logistics, and distribution. To understand the relationship between "current account settlement and financial settlement", the first question to be clarified is "whose money is it?" So talk about business and finance? It's not handsome for a minute. Figure: Current account settlement reconciliation and financial auditing flow is the customer's money. Most of the funds circulating in the three parties and e-commerce platforms for current account settlement reconciliation are transaction flow and customer funds.
Therefore, we use reconciliation and clearing to separate the customer's funds and corporate income in the flow and settle the customer's funds to the customer. Revenue is the company's money. After the financial audit clears the customer's funds, the remaining service fees, logistics fees, and other income collected by the platform merchants are left. These funds are settled by licensed institutions to the company's own funds, and they belong to the company's revenue. Since it is self-owned funds, there is no clearing. What financial reconciliation needs to do is audit. At this time, the funds that directly enter the company's own account will be audited for revenue, and the flow generated by online transactions will be audited for transactions.