There are too many travel expenses and business entertainment, can they be accounted for? Are there

It can be used for bookkeeping, but if it exceeds a certain percentage, it must be adjusted before paying tax, and the excess part must be subject to corporate income tax. Please see the upstairs for the specific proportions, which are very detailed.

No, you will have to pay tax on the excess amount.

Quick Calculation Formula:

Net sales income ,000 = chargeable business entertainment expenses.

Net operating income, 000 = chargeable business entertainment expenses.

What do the +30,000 and +25,000 mean?

Pre-tax deduction standard for business entertainment expenses:

The part of the annual net sales income within 15 million yuan (inclusive) shall not exceed 5/1000 of the part; if it is more than 15 million yuan, it shall not exceed 3/1000 of that part.

The part of the annual net operating income below 5 million yuan (inclusive) shall not exceed 10/1000 of the part; where it is more than 5 million yuan, it shall not exceed 5/1000 of that part.

Quick calculation formula: net sales income, 000 = business entertainment expenses that can be charged.

Net operating income, 000 = chargeable business entertainment expenses.

Net sales income is applicable to manufacturing, commerce, etc.

Net operating income is applicable to cross-industry operations such as catering, entertainment, construction and installation, etc., which should be calculated separately, and if it is not clearly divided, it shall be classified according to the main business project industry.

Business entertainment expenses refer to the various expenses paid by enterprises for reception and entertainment in business management and other activities, mainly including business negotiations, product promotion, external liaison, public relations exchanges, conference reception, guest reception, etc., such as entertainment meals, tobacco and tea for entertainment, transportation expenses, etc. II. Scope of Business Entertainment Expenses In terms of the scope of business entertainment expenses, neither the financial accounting system nor the old and new tax laws have given an accurate definition. In the practice of tax enforcement, the specific scope of entertainment expenses is as follows:

1) Expenses for banquets or working meals due to the production and operation needs of the enterprise. (2) Expenses for giving souvenirs due to the production and operation of the enterprise. (3) Expenses incurred due to the production and operation needs of the enterprise, such as the visit fee to the tourist attraction and the transportation fee and other expenses.

4) The travel expenses of the business relations personnel of the state due to the production and operation needs of the enterprise. Business entertainment expenses are limited to entertainment expenses related to the production and business activities of the enterprise. The following expenses shall not be included as entertainment expenses:

1) Conference fees; (2) Employee benefits, employee incentives, commissions arising from the sale of products by the enterprise, and labor expenses paid to individuals that are not related to the production and operation activities of the enterprise shall not be included in the entertainment expenses; (3) Business entertainment expenses should be distinguished from meal expenses. Mistaken meal allowance is a compensation for employees who work in urban areas and suburbs for business and cannot eat at work or return to eat, and really need to eat out; The entertainment expenses are the expenses of eating, drinking, using and playing when the business is expanded to the outside world, and its consumers are mainly individuals outside the enterprise, rather than employees of the enterprise.

In the process of enterprise operation and management, because the reception and entertainment often need to pay a certain fee, in accounting, we generally call it entertainment. So is hospitality expenses for business trips included in travel expenses? How to do the accounting?

Which account is included in the entertainment expenses for business trips?

Entertainment expenses incurred during business trips are generally included.

Business entertainment expenses.

However, sometimes it is also accounted for according to the purpose of the catering expenses incurred on the business trip, such as the catering expenses incurred by the business traveler themselves are included in the travel expenses.

How to account for the entertainment expenses incurred on business trips?

1. The other party used to entertain is the purchasing unit.

Included in selling expenses.

Accounting for business entertainment expenses.

2. The unit used for hospitality is the supplier unit.

Included in the management fee.

Business entertainment expenses, do the following entries:

Borrow: Administrative expenses.

Business entertainment expenses.

Credit: cash, etc.

3. If it is the catering expenses incurred by the business travelers themselves, they can be included in the travel expenses of the hail crack bucket (the subsidy will no longer be given).

Borrow: Administrative expenses.

Travel expenses. Credit: cash, etc.

Scope of hospitality.

Entertainment expenses: including the expenses of banquets or labor grinding meals due to the production and operation needs of the enterprise; The cost of giving souvenirs due to the production and operation of the enterprise; Tourist attraction visit fees, transportation expenses and other expenses incurred due to the production and operation needs of the enterprise; The travel expenses of the personnel of the business relationship due to the production and operation needs of the enterprise.

When accounting for entertainment expenses, accountants should avoid treating all meal expenses as business entertainment expenses. In fact, when the accounts are made, they should be included in different accounts according to the actual use.

For example, due to the needs of the company's business development, entertaining customers for meals should be included in the accounting.

Hospitality. Accounting; For employees on business trips, the meal expenses within the standard can be included in the travel expense accounting; Meals incurred during the preparation period of the company will be included.

Start-up costs. Accounting;

Can business entertainment expenses be deducted from input tax?

Business entertainment base.

The pre-tax deduction base for business entertainment expenses is operating income.

Operating income: includes main business income, other business income and deemed sales revenue, excluding non-operating income.

The content of travel expense accounting.

1. It is used for expenses during business trips, including tickets for cars, ships, trains and planes, accommodation expenses, food subsidies and other expenses.

2. Under normal circumstances, the unit will no longer reimburse the food expenses for business trips, or the reimbursement of meal expenses will no longer subsidize the food expenses for business trips.

3. As for the fact that the non-local meal voucher cannot be included in the travel expenses, there is no relevant document in the tax law.

If the business trip allowance is stipulated in the relevant documents, the subsidy standards are different in different places.

Accounting entries for reimbursement of travel expenses.

1. If you don't borrow money from the company:

Borrow: Administrative Expenses - Travel Expenses, Credit: Cash on Hand.

2. When paying travel expenses by borrowing:

When Lending: Borrowing: Other Receivables - * Person.

Credit: cash on hand.

When travel expenses are reimbursed and excess borrowings are recovered:

Borrow: cash on hand.

Credit: Other receivables - * person.

Borrow: Administrative expenses.

Credit: Other receivables - * person.

In corporate income tax, the deduction limit for business entertainment expenses is the lesser of the following two amounts:

60 per cent of the actual amount of business entertainment expenses

5/1000 of operating income.

However, there is no limit on the amount of travel expenses that can be deducted before tax for corporate income tax. Therefore,From the perspective of tax planning, meals that can be included in travel expenses should be included in travel expenses as much as possible。This can reduce the amount of taxable income that is increased by the tax agent firm at the time of the final settlement of the enterprise income tax, thereby reducing the enterprise income tax of the enterprise.

According to the requirements of tax planning, generally the cost of their employees' business trips and meals is placed in the travel expenses, and the cost of inviting guests to eat is placed in the entertainment expenses.

Reimbursement principle: 1. Travel expenses must be controlled within the total budget of each department, and no expenditure shall be incurred if the budget is exceeded.

2. Employees must submit a written application in advance for a business trip, fill in the business trip application form, and be approved by their immediate superior. No reimbursement will be made without prior approval.

3. During the employee's business trip, due to work needs, the business trip is temporarily increased to a new business trip location, and after the written email confirmation by the business trip approver, the increased trip is regarded as another business trip time, which is not calculated continuously with the original business trip time;

Hello, business entertainment expenses refer to the entertainment expenses reasonably incurred by enterprises for the needs of production and operation business activities, which are deducted in accordance with the relevant provisions of the tax law, but not all meal expenses belong to business entertainment expenses. The two are mainly distinguished from the cause, nature, purpose, use, object, etc., and the meal expenses used to entertain customers shall be treated as business entertainment expenses, and shall not be decomposed and included in other items.

Entertainment expenses depend on the nature of expenses and invoices, travel invoices are mainly air tickets, train tickets, transportation tickets, accommodation tickets, and hospitality invoices are generally catering, gifts, etc.