Employee medical examination fees are charged to the administrative expenses accounting account.

Accounting entry when accrued:

Borrow: administrative expenses?

Credit: Employee Compensation Payable

Accounting Entry When Paid:

Borrow: Employee Compensation Payable

Credit: Cash on Hand or Bank Deposits

Extended Information:

Enterprises should account for the incurring and carrying forward of administrative expenses through the account of "Administrative Expenses". The debit side of the account registers the administrative expenses incurred by the enterprise, and the credit side registers the administrative expenses transferred to the account of "profit for the year" at the end of the period, and there should be no balance in the account after the carry-over. This account by the management of the cost of the expense items for detailed accounting.

Administrative expenses in accounting is as a period of cost accounting, the enterprise incurred administrative expenses, in the "administrative expenses" account, and in the "administrative expenses" account set up by the cost items, detailed accounting. At the end of the period, the balance of the "administrative expenses" account is carried forward to the "profit for the year" account and there is no balance.

Review of Business Entertainment Expenses

Business Execution Expenses refers to the expenses paid by the enterprise for the reasonable needs of business operation. Its review mainly includes:

(1) whether strictly in accordance with the proportion of the financial system required to calculate the business hospitality expenses, whether there is more than must also be the case, if there is more than, should identify the reasons for this, and adjust the calculation in determining the taxable income.

(2) whether the expenditure standards and scope of business hospitality listed in the current period of the enterprise are in line with the relevant provisions.

(3) Whether the business entertainment expenses listed are related to the business operation of the enterprise; if the existence of expenses not related to the business operation is found, the purpose of such expenses shall be ascertained and dealt with.

(4) the authenticity of the business hospitality expenses incurred, whether there is the phenomenon of withholding, if so, should be reversed.

(5) The total amount of the enterprise's normal business hospitality expenditures for the whole year, whether it exceeds the standard stipulated in the national financial system.

Baidu Encyclopedia-Administrative Expenses