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How to make accounting entries for company meals?
The company's meals may be used for business entertainment or for employees' working meals. What are the relevant accounting entries?

Company employee meal fee entry

1, used for business and entertainment meals.

Borrow: management expenses-business entertainment expenses

Credit: cash on hand/bank deposit.

2, for employees to eat

Borrow: Payable employee salaries-employee welfare expenses.

Credit: cash on hand/bank deposit.

At the end of the month

Borrow: management fee-welfare fee

Loan: Payable employee salary-employee welfare fund.

3. Employee's meal expenses on business trip (according to reimbursement standard)

Borrow: overhead-travel expenses

Credit: Cash on hand

How to understand business hospitality and travel expenses?

Business entertainment refers to the entertainment expenses paid by enterprises for the reasonable needs of production and operation. It is a real and necessary expense in the production and operation of enterprises, and it is also a necessary cost for enterprises to carry out normal business activities.

The accounting scope of business entertainment expenses includes: ① the expenses of banquets or working meals; (two) the cost of giving souvenirs; (three) the cost of scenic spots, transportation and other expenses; (4) Travel expenses incurred by business personnel.

Travel expenses are an important recurrent expenditure item for administrative institutions and enterprises. Point out the transportation, accommodation, public and miscellaneous expenses that occurred during the business trip.

1, used for expenses during business trip, including air tickets for car, boat, train and plane.

2. Accommodation fee.

3. Food allowance.

4. Other expenditures.

Travel reimbursement principle:

1. Travel expenses must be controlled within the total budget of each department, and travel expenses exceeding the budget shall not be spent.

2. Employees must submit a written application in advance for business trip, fill in the business trip application form, and obtain the approval of their immediate superiors. No one will be reimbursed without prior approval.

3. When employees are on a business trip, they need to temporarily increase their business trips to a new business trip place due to work needs. After written/e-mail confirmation by the business trip approver, the added trip will be regarded as another business trip time, which will not be counted continuously with the original business trip time;

4. Travel standards: The basic standards of transportation, accommodation and subsidies for employees on business trips are subject to the Group's travel expense reimbursement management system.