How to calculate the cost of short message service opened by banks?

I believe that most of your accounts, whether personal or company, have SMS reminder function, and there will be SMS reminders when entering and leaving the card. So how should this part of the expenses be accounted for? Which accounting subject should the accountant include this part in? Let's take a look at it with the deep space network.

(1) Which accounting item should be included in the fee charged by the bank for opening SMS business?

Many people may think that it is the management expense account, after all, it is the expense involved in the enterprise account, but it is wrong to use the management expense account here and it should be included in the financial expense account. Financial expenses include many contents, including interest expenses, exchange losses, related formalities fees, financial expenses, etc., which are all included in the financial expense account, such as interest income during deposit, interest expenses during loan and borrowing, price difference during foreign currency exchange, and formalities fees incurred in various bank receipts and payments.

(2) Accounting treatment when financial expenses occur.

1. When the bank deducts the SMS service fee,

Debit: financial expenses-handling fee

Loans: bank deposits

2. When the expenses are carried forward at the end of the month.

Debit: this year's profit

Loan: financial expenses-what does the financial expenses include? What are the relevant accounting treatments? How to make accounting entries?