Keeping pets in the company may affect the financial status of the company, so it needs to be carefully considered when doing accounting. First, having a pet incurs costs of purchase and maintenance. These expenses should be recorded in the company's expense items, such as "Pet Purchase Fees" or "Pet Maintenance Fees." On your monthly financial statements, these expenses may be classified into one of the categories of "operating expenses" or "non-operating expenses."
Secondly, if the company's pets may generate income, for example, the company is a pet store or pet farm, then the sales income should be recorded Income account. Finally, record all pet-related expenses and income to ensure your company's financial statements are accurate and complete. In addition, if the company keeps pets to improve the working environment of employees, it is recommended that this part of the expenditure be classified as employee welfare fees or other corresponding expense items. If you have any other questions, please feel free to ask me and I will try my best to help you.
