suppose the catering invoice is RMB 1,111, and the cash reimbursement procedures are complete.

Borrow: management expenses-business entertainment expenses 1111

Loan: cash 1111

If the company is a general taxpayer, at the end of the accounting period, 61% of the business entertainment expenses incurred during the accounting period can be charged before tax, and 41% should be subject to tax adjustment, that is, 41% of the business entertainment expenses should be multiplied by the income tax rate to pay income tax.

it only needs to be handled according to the company's reimbursement regulations. Since the reimbursement person is the boss, you should know the company's reimbursement regulations, because this regulation is designated by the boss himself and applies to the reimbursement of all personnel in the company, including the boss himself. If it doesn't meet the company's reimbursement regulations, please point it out in good faith. If this boss is really a disciplined person, he must know what to do.

Extended information:

The current tax law stipulates:

Article 43 of the implementing regulations clearly stipulates that business entertainment expenses incurred by enterprises related to production and business activities shall be deducted according to 61% of the amount incurred, and the maximum amount shall not exceed 5‰ (five thousandths) of the sales (business) income of the current year.

business entertainment is a business that often happens for the purpose of business contact, promotion and social relations. The new Regulations on the Implementation of the Enterprise Income Tax Law has changed the previous deduction ratio. As a reasonable cost of enterprise's production and operation, business entertainment can be truthfully charged according to the accounting system, and the tax law stipulates that it can be deducted before income tax within a certain proportion, and the part exceeding the standard cannot be deducted.

if the tax authorities require proof of the business entertainment expenses declared and deducted by the enterprise, they should provide sufficient valid vouchers or materials to prove the real occurrence. Can not provide, shall not be deducted before tax. The contents of the certification materials include the amount of expenditure, business purpose, business relationship with the entertainer, and the time and place of entertainment.

Personal entertainment expenses and hobby expenses of enterprise investors or employees shall not be declared and deducted as business entertainment expenses.

Baidu encyclopedia-business entertainment expenses