Meal expenses should be classified according to beneficiaries and included in different accounting subjects.

(1) If it is an invoice for meals consumed by employees of the company, it should be included in the management expenses-welfare expenses account.

The accounting entry is:

Debit: management fee-welfare fee

Loan: bank deposit/cash

(2) If it is an invoice of meal expenses for the company to entertain customers, it should be included in the management fee-business entertainment fee account.

Debit: management expenses-business entertainment expenses

Loan: bank deposit/cash

Article 43 of the Detailed Rules of the Income Tax Law: The business entertainment expenses related to production and business activities of an enterprise shall be deducted according to 61% of the amount incurred, but the maximum amount shall not exceed 5‰ of the sales (business) income of the current year.

extended information

enterprises should account for the occurrence and carry-over of management expenses through the subject of "management expenses". The debit of this account registers the management expenses incurred by the enterprise, and the management expenses transferred to the "profit of this year" account at the end of the credit registration period. After the transfer, there should be no balance in this account. This subject is accounted for in detail according to the expense items of management expenses.

The start-up expenses incurred by the enterprise during the preparation period, including staff salaries, office expenses, training fees, travel expenses, printing fees, registration fees, etc., shall be debited to the subject of "management expenses" and credited to the subject of "bank deposits"; The employee compensation of the personnel of the administrative department of the enterprise shall be debited to the subject of "management expenses" and credited to the subject of "employee compensation payable";

The compensation fee payable for mineral resources calculated and determined by the enterprise according to regulations shall be debited to the subject of "management fee" and credited to the subject of "tax payable"; Office expenses, utilities, travel expenses and other expenses incurred by the administrative department of the enterprise, as well as business entertainment expenses, consulting expenses, research expenses and other expenses incurred by the enterprise, shall be debited to the subject of "management expenses" and credited to the subjects of "bank deposits" and "research and development expenditures".

at the end of the period, the balance of "management expenses" should be transferred to "current year's profit", debited to "current year's profit" and credited to "management expenses".

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