Q: February site meal costs, March only to pay, and is credited in March, the accounting entry into the "administrative expenses - - welfare costs" can be? The accounting entry is recorded in "Administrative Expenses - Welfare Expenses", can it be done?
A: This time the accounting treatment can be included in the administrative expenses - welfare expenses in the accounting entries are as follows:
Borrow: administrative expenses - welfare expenses
Loan: cash
Pursued: the issuance of the vouchers in March was a check head and a check head. The voucher for the month is a check head and approval slip, and only one copy of the civilian payroll was made, should it be placed in the month of accrual or the month of disbursement? How should this be accounted for?
A: The month of accrual, the month of payment to confirm payment, payment to fill out a payment request to payroll details attached.
Continue to ask: According to the above, the month of accruals attached to the payroll, the month of payment is also attached to the payroll, and my payroll only one, what should I do?
Answer: Just make a copy of it and use it for payment.
As the accounting people, we are often to the company's various meals for accounting, that is not the same situation accounting entries how to do it? Here to give you a list of several situations, let's take a look.
Situation 1: missed meal allowance accounting entry
For missed meals don't paste the accounting treatment also need to look at which situation, not the same situation accounting treatment when the account is not the same, the company can be based on the employees to provide services to the beneficiaries of the sub-circumstance processing.
For example: sometimes the company's employees outside the office, there is no way to eat in the company, directly eat out, really need to subsidize the cost of meals according to the company's standards, which should belong to the payable remuneration - wages. Management staff, sales staff meal allowance should belong to the "administrative expenses", "selling expenses" and other subjects and so on.
Accounting entries are as follows:
Borrow: production costs, manufacturing costs, etc.
Credit: Employee Compensation Payable - Salary
Borrow: Employee Compensation Payable - Salary
Credit: Cash on hand or bank deposits
Situation 2: Lunch, overtime meal accounting entries
Some companies and enterprises lunch or overtime meal subsidy is not uniform through the meal The meal allowance is not unified through the meal or point takeout solution, then there will be two kinds of situation, one is the company or enterprise through the monthly calculation to the staff cash subsidies, the second is to let the staff go out to eat on their own, and take the invoice back to reimbursement, which appears 2 kinds of accounting treatment.
If the subsidy is issued in cash on a monthly basis, the accounting entries are as follows:
Borrow: Employee Compensation Payable - Lunch Subsidies
Loan: Cash on Hand or Bank Deposits
If the employees go out to eat and are reimbursed by invoices, the accounting entries are as follows:
Borrow: Administrative Expenses - Business Hospitality Expenses
Loan: Cash on Hand or Bank Deposits
Loan: Cash on Hand or Bank Deposits
Allow me to explain the accounting entries. Bank deposits
Situation three: travel meal subsidies accounting entries
The appropriate and reasonable travel expenses using meals can be reimbursed according to the bills or legal vouchers, and do the accounting is very simple, directly into the "administrative expenses - travel expenses" can be.
Accounting entries are as follows:
Borrow: administrative expenses - travel expenses
Credit: cash on hand or bank deposits
Situation 4: hospitality meals accounting entry
Sometimes companies will have a variety of hospitality expenditures in the business transactions, usually the most common is to invite customers to dinner, as well as banquets, transportation and so on. We can include it in the hospitality expenses in the production and operation of the enterprise.
Accounting entries are as follows:
Borrow: administrative expenses - business hospitality
Credit: cash on hand or bank deposits
Situation 5: meeting meals accounting entry
Different circumstances of the meeting of the meals, although all belong to the administrative expenses, but the specific way of doing the accounting is also a little different. For example: if it is a normal meeting of the ordinary meals should be "meeting expenses", if the company's corporate annual meeting year-end dinner or the usual party meals should be "employee welfare costs", if the company held a high-level meeting, such as the board of directors, then it should be "employee welfare costs". These, it should be "board of directors fee".
Normal ordinary meeting, the accounting entries are as follows:
Borrow: Administrative Expenses - Conference Fees
Loan: cash on hand or bank deposits
Corporate dinner party, the accounting entries are as follows:
Borrow: Administrative Expenses - Employee Welfare Expenses
Loan: cash on hand or bank deposits
Enterprise high-level meeting, the accounting entries are as follows:
Enterprise high-level meeting, the accounting entries are as follows:
Employee welfare expenses meeting, the accounting entries are as follows:
Borrow: Administrative Expenses - Board of Directors Fees
Loan: cash on hand or bank deposits
Situation six: the company's corporate training meal accounting entries
Each company will have a portion of the expenditure is used to train the transfer of staff on the job, so that employees to learn new skills, to add the learning facilities and equipment and other circumstances of the cost, then such a The cost of meals is classified as "employee education expenses".
Accounting entries are as follows:
Borrow: Administrative Expenses - Employee Education Expenses
Credit: Cash on Hand or Bank Deposits
Situation 7: Cafeteria Meal Accounting Entries
Generally, large corporations provide a free cafeteria for their employees, which means that the company's finance will be more than one portion of the accounts to be dealt with, that is, cafeteria meal costs. The problem of meal costs. But the general cafeteria aunts to buy food are not likely to have the invoice problem, then how to do the accounts? General cafeteria meals we common accounting treatment of three cases, one is the enterprise to pay to the cafeteria funds, the second is the cafeteria equipment depreciation and renewal, the third is to the cafeteria staff payroll.
Enterprise to the canteen funds, accounting entries are as follows:
Borrow: other receivables - canteen
Credit: money funds
At the end of the month the canteen settlement receipts to the Ministry of Finance, the accounting entries are as follows:
Borrow: administrative expenses
Loan: other receivables - canteen
Canteen equipment depreciation, accounting entries are as follows:
Borrow: administrative expenses - employee welfare costs
Credit: Accumulated Depreciation
To pay wages to the cafeteria staff, the accounting entries are as follows:
Borrow: Administrative Expenses - Employee Welfare Expenses
Credit: Employee Compensation Payable
Frequently Asked Questions and Misconceptions
1. Do all meal expenses belong to the scope of business entertainment?
A: No, not all meals are business entertainment, and the scope of business entertainment is not just meal expenses.
2, meal expenses are recorded in what accounts?
A: It is very simple. Accounting subjects to follow the activities of the subject can be accounted for, such as travel expenses directly into the travel expenses.
3, meals can pay personal income tax?
A: Some can, some can not. For example, directly to the employee meal allowance to be.
4, white notes can be accounted for?
A: It is best not to, after all, there is a tax risk.
Answer: It is best not to, after all, there are tax-related risks.