What Is Non-Operating Income?

Non-operating income is also called "non-operating income". Refers to income that is not directly related to the production and operation process and should be included in the current profit. Is an integral part of corporate financial results. For example, confiscation of packaging deposit income, collection of employee arrears, net income from fines, etc. Non-operating income is accounted for in the "profit" or "profit or loss" accounts. In the company's "income statement", non-operating income must be listed separately. Amounts that belong to the company's non-operating income should be accounted for in a timely manner and not allowed to be kept as petty possession or other expenses that do not meet the requirements of the system. The non-operating income of an enterprise is calculated under the "non-operating income" account, and detailed accounts can also be set up under this account for various different income settings.

Non-operating income

Non-operating income mainly includes: debt restructuring gains, business combination gains and losses, profit from trading, payables that cannot be paid due to creditors, government subsidies, additional repayment of education fees, fines, and donation gains.

1. Non-current asset disposal gains include

When an enterprise transfers fixed assets, it first carries forward the original value of the fixed assets and the accumulated accumulated depreciation amount, and debits the "fixed assets clearing" and "accumulated depreciation" subjects, and credits the "fixed assets" subjects; Record "Bank Deposit", credit "Fixed Assets Clearance" account; and finally carry forward the liquidation gains and losses. If the transfer price is higher than the net book value of the fixed assets, debit the "Fixed Assets Liquidation" account and credit the "non-operating income" account.

When an enterprise disposes of intangible assets, it should debit "bank deposits" and other subjects based on the actual amount received, debit the accumulated amortization that has been accrued, debit the "accumulated amortization" subjects, and pay the relevant taxes and fees due And other expenses, credited to "tax payable", "bank deposit" and other subjects, based on their book balance, credited to "intangible assets" subjects, according to their credit balance, credited to "non-operating income-disposal of non-current assets" "Profit" subjects, where impairment provision has been made, should also carry forward the impairment provision.

Confirmed government subsidy gains, debit subjects such as "bank deposits" and "deferred income", and credit undergraduate subjects.

(1) Government grants related to assets:

When receiving government grants related to assets:

Borrow: bank deposit

Loan: Deferred income

When distributing deferred income:

Borrow: deferred income

Loan: Non-operating income

(2) Government grants related to income

When receiving government grants related to income:

Borrow: bank deposit

Loan: Non-operating income