Which account should the storage cost be charged to?

What accounting subjects should companies involved in selling goods generally include storage fees? If you don't know this part of knowledge, come and learn from Deep Space Network.

If it is a commercial enterprise, what happens should be included in the sales expenses. If it is an industrial enterprise, the storage expenses incurred in the process of inventory purchase should be included in the inventory purchase cost; If it is in the process of enterprise inventory production and processing, it should be included in the manufacturing expenses first, and then allocated to the finished products, and the storage expenses incurred in the sales process should be included in the sales expenses.

Fees charged by warehouse owners for providing warehousing services to customers with related needs. For example, the warehousing service that needs to be kept by the freight station in the short term before and after air transportation, or the short-term or long-term storage cost of the goods in the land transportation industry before the customer takes delivery.

What is the accounting treatment of storage fees?

The storage fee of purchased materials should be included in the "management fee" subject.

Borrow: management fee-storage fee

Loan: bank deposit (or cash on hand, raw materials and other subjects)

Debit: this year's profit

Loan: management fee-storage fee

What subjects are included in the shelves used in the warehouse?

The accumulated depreciation of the warehouse should be included in "management expenses-depreciation expenses"

Debit: management expenses-depreciation expenses

Credit: accumulated depreciation

The depreciation expense of fixed assets is calculated and determined according to the original value of fixed assets and the specified depreciation rate, and is apportioned according to certain standards and credited to relevant accounts. The depreciation of buildings, machinery and equipment used in the production workshop is included in the manufacturing expense account, and the office space used by the factory department is included in the management expense account, which is borne by the current income.

Total depreciation is credited to the accumulated depreciation account. Fixed assets will be worn and consumed in the process of use, and their value will gradually decrease, which is the depreciation of fixed assets. If the value of fixed assets decreases, it should be calculated (that is, depreciated) and recorded in the account. Can the storage fee be paid by simple tax calculation?