A: During the epidemic prevention and control period, enterprises purchased coronavirus pneumonia masks and distributed them to employees, with the purpose of protecting the health of employees during labor and reducing the risk of infection. They should be used as labor protection articles.

Borrow: management expenses/manufacturing expenses, etc. -Labor protection expenses

Taxes payable-VAT payable (input tax)

Loan: bank deposit/cash

If you buy a mask in the workshop, it should be included in: manufacturing cost: labor insurance cost.

1. If the mask is used to protect products or semi-finished products, gloves required for the process should be included in the production accessories;

2. If the mask protects the workers for safety reasons, it will be included in the labor insurance expenses and reflected in the retention of safe production.

3. Safety production expenses (hereinafter referred to as safety expenses) are the funds extracted by enterprises according to the prescribed standards and charged in the cost, which are specially used to improve and improve the safety production conditions of enterprises. Security expenses shall be managed financially according to the principle of "enterprise extraction, government supervision, ensuring needs and standardizing use". The purchase of masks and gloves in the workshop should be included in: manufacturing expenses: labor insurance expenses.

The difference between low-value consumables and manufacturing costs;

Low-value consumables are all kinds of labor means that are not used as fixed assets accounting, including general tools, special tools, management tools and labor protection articles. Because of its low value or easy damage, low-value consumables consumed by production units generally do not need to calculate their transfer values as strictly as fixed assets, but adopt a relatively simple method to transfer their expenses to product costs at one time or in stages.

Manufacturing expenses are indirect expenses incurred by enterprises for producing products and providing services, including utilities, depreciation of fixed assets, amortization of intangible assets, salaries of managers, labor protection expenses, relevant environmental protection expenses stipulated by the state, seasonal and shutdown losses during repair, etc.

Bian Xiao gave you a detailed introduction about what to buy masks. I hope you have gained something after reading it. If you have any accounting problems or tax problems about masks in other special periods, you can consult our window Q&A teacher, who will answer your questions online all day, hoping to help you. Thank you for reading.