Many enterprises have a perfect welfare system for their employees, such as arranging medical examinations regularly, and the medical examination expenses incurred are paid by the enterprises in a unified way. The medical expenses incurred by employees can be included in the management expense account. How to make specific accounting entries?

Accounting entry of employee's medical examination fee

Cumulative time:

Borrow: management fee-welfare fee

Loan: Payable employee salary-employee welfare fund.

Pay the medical examination fee:

Borrow: Payable employee salaries-employee welfare expenses.

Credit: cash on hand/bank deposit.

When carrying forward profit and loss:

Debit: this year's profit

Loan: management fee-welfare fee

What is the salary payable to employees?

Salary payable to employees refers to various forms of remuneration or compensation given by enterprises in order to obtain services provided by employees or terminate labor relations. Payables is a liability account.

"Payable to employees" subjects should also be set up according to the payable employee salaries, housing provident fund, trade union funds, employee welfare funds, social insurance and non-monetary benefits, and make detailed accounting.

Employee compensation includes short-term salary, post-employment benefits, dismissal benefits and other long-term employee benefits. Moreover, the benefits provided by enterprises to employees' spouses, children, dependents, survivors of deceased employees and other beneficiaries also belong to employee compensation.

What is the profit this year?

This year's profit account belongs to the owner's equity account. The lender reflects the income realized by the enterprise in the current period, including main business income, other business income, investment income, etc. The borrower reflects the expenses incurred by the enterprise in the current period, including the main business cost, non-operating expenses, financial expenses, income tax, etc.