The financial work of the gym is mainly to check the income and expenditure accounts of the gym. Such as membership fees and income from daily fitness. Membership dues should be credited to the advance account and included in the income on a monthly basis. Expenditure is the labor cost and equipment purchase and maintenance cost of the gym.

Gym accounting treatment,

Receiving investment funds,

Debit: bank deposit,

Loan: paid-in capital,

Buy fixed assets,

Borrow: fixed assets,

Borrow: tax payable-value-added tax payable-input tax,

Loans: bank deposits, etc.

Draw wages,

Borrow: labor costs, etc.

Loan: Payable to employees.

When you have income,

Debit: accounts receivable,

Loan: income from main business,

Loan: tax payable-value-added tax payable-output tax,

When carrying forward the cost of sales,

Borrow: main business cost,

Loans: labor costs,

When the money is received,

Debit: bank deposit

Credit: accounts receivable

Do other business processing according to the actual business, and then carry forward the period profit and loss.

How to charge for the equipment purchased in the gym?

If the amount is large and reaches the standard of fixed assets, it will be included in the fixed assets.

If the amount is not large, it can be directly included in the current operating cost, or included in the low-value consumables for amortization.

Borrow: fixed assets-fitness equipment

Loans: bank deposits, etc.

How does a fitness club set up an account?