The question of lunch provided by the company to its employees is one that every enterprise has to deal with, and it must be required by law to apply for tax registration of the internal staff canteen. If the internal staff canteen in addition to providing catering services for the unit's employees, but also at the same time for the unit outside of other units or individuals to provide catering services, then the staff canteen has become an independent business institutions, its income is due to the provision of business tax taxable services and behavior, should be in accordance with the provisions of the business tax.

In this case, the subsidies paid by the enterprise to its own staff canteen should be subsidized by the catering invoice issued by the canteen. Affected by the size of the enterprise and other factors, some enterprises have internal canteens, some enterprises directly to the staff lunch subsidies, some take with the catering company to provide lunch. No matter which form, how to do the accounting and taxation of lunch expenses is a common concern of enterprises. The State Administration of Taxation, State Taxation Letter [2009] No. 3 document clearly identified the staff canteen subsidies as one of the contents of the enterprise staff welfare expenses. And the financial enterprises [2009] No. 242 document specifically pointed out that the monthly lunch subsidies are not uniformly provided meals, is not an employee welfare accounting content, should be included in the management of the total wage.

In practice, taxpayers are most concerned about the issue of the expense of the bills. What kind of documents should be obtained for subsidies or expenditures related to staff canteens is closely related to the direction of subsidies or expenditures.

Borrow: administrative expenses, production costs, manufacturing costs, etc., credit: payable employee compensation

Welfare payable accounting treatment how to do?

Canceled the requirement of 14% of total wages for employee welfare expenses according to the new "Enterprise Accounting Standards" (2006) and the revised "General Principles of Enterprise Finance" (2006) of the relevant provisions of the withdrawal of employee welfare expenses canceled the original system of 14% of total wages.

With regard to "welfare expenses payable", it is clearly stated that it is within the scope of employees' remuneration, and that enterprises can decide on their own whether to withdraw welfare expenses or to charge them according to the actual situation, except for the welfare expenses for medical insurance.

Enterprises can adopt the method of withdrawing first and using later according to the actual situation, but the proportion of withdrawal is reasonably determined by the enterprise according to its own actual situation. At the end of the year, if the welfare expense is greater than the amount of expenditure, it should be reversed, otherwise, it should be made up, and the proportion of the next year's welfare expense should be revised.

Can also be based on the actual amount of welfare expenses actually incurred according to the facts, directly into the relevant costs, expenses, and the tax law is inconsistent with the provisions of the tax should be adjusted, for the original balance of the welfare costs of the enterprise, no need to adjust the balance can continue to use, in the first accounting period after the date of the initial implementation of the first welfare expenses incurred in the first year will be the first year of the previous year's balance of the benefits payable to be deducted until the balance of the account is cleared! .

As you can see, the new Accounting Standards and the revised Financial Rules give enterprises greater autonomy. This means that there will be a certain impact on the current liabilities in the financial position of the enterprise, the cost of inventories and the operating results of the period expenses.

In terms of accounting treatment, the former "welfare payable" account has been abolished, and the "employee compensation payable-employee welfare" account has been added to account for employee welfare expenses. The welfare expenses incurred are included in the relevant cost and expense accounts according to the object of calculation.

How to account for the lunch expenses provided by the company to its employees?

How do you account for the cost of lunches provided by a company to its employees?