Investigation on Accounting Treatment of the Thirdparty Payment Platform in Electronic Commerce

Abstract

This paper firstly analyzes the current situation of China’s third-party payment platform and illustrates the differences of accounting treatments under the third-party payment mode and traditional payment mode; secondly, it concludes the problems of China’s third-party payment platform in the accounting treatment; finally, it proposes the reasonable countermeasures and suggestions to solve the problems in the accounting treatment of China’s third-party payment platform. People are more likely to choose the fast and convenient network platform to satisfy their demands of all aspects as the computer and network technologies develop; hence the E-commerce is born at the right moment. As an important component of E-commerce, the third-party payment platform has always on the move; the increasing transaction and business in all fields have brought forth the issues of accounting treatment. How to give full display to accounting to give a helping hand in the growth of the third-party payment platform has become a topic worth thinking about in the current Information Age.