Business hospitality accounting scope is greater than catering expenses?
The accounting scope of business entertainment expenses includes not only banquets for customers due to production and operation, but also expenses such as taking customers to visit tourist attractions and giving souvenirs due to production and operation.
Not all catering expenses are included in business entertainment expenses, so which catering expenses are not included in business entertainment expenses?
Food and beverage expenses not included in business entertainment expenses.
1. When an employee is on a business trip, the meals incurred by the employee are included in the travel expenses;
2. Regular meetings of the company, such as the annual report summary meeting, the board of directors, the shareholders' meeting and the leaders' meeting of various functional departments. The meal expenses incurred during the meeting are included in the meeting expenses.
3. The enterprise organizes employees to go out to participate in vocational skills-related training, and the food expenses incurred during the training period are charged in the employee education funds;
4. The company set up a staff canteen to provide employees with three meals a day, and the cost of this working meal is included in the employee welfare fund.
In addition, there are many similar expenses, which cannot be classified as business entertainment expenses. Instead, it should be accounted for separately as travel expenses, catering expenses, employee welfare expenses, conference expenses and other subjects.
It should be noted that the travel expenses mentioned here are only for the travel expenses incurred by employees of this enterprise on business trips. When auditing the annual report of an enterprise, the expenses incurred by foreign audit companies on business trips to our company are generally included in the business hospitality accounting.