For the first time, I saw someone explain the accounting month-end carry-over process and month-end closing accounting entries thoroughly!
These are the three types of entries that need to be made for accounting month-end closing. A provision of wages, social security, various taxes, depreciation of fixed assets; followed by amortization, amortization of rent, amortization of intangible assets, start-up expenses, etc.; the last is carry-forward, carry-forward costs, carry-forward of income tax for the current period, carry-forward profit and loss, carry-over of value-added tax, etc., these accounting month-end settlement involves these common business accounting will not prepare accounting entries, today here is a summary of a detailed: accounting month-end carry-over process and month-end closing accounting entries, with accounting month-end accrual, Let's take a look at the example analysis of the accounting treatment of amortization and carry-forward.
Checklist of key events for accounting month-end closing
Accounting month-end closing process
Month-end carry-forward accounting entries
Case study of accounting treatment of accrual, amortization and carry-forward at the end of the month
Accounting entries and accounting cases for the accrual and payment of wages
Accounting entries and accounting treatment cases for amortization of rent
...... The accounting month-end closing process and entries are introduced here today. If a novice accountant encounters a month-end carryover for the first time and will not deal with it, the above-mentioned month-end closing process and month-end carryover entries can be directly applied.