Provision of employee education funds, do employee education funds need to be accrued every month

Yes, according to Article 42 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China, "Except as otherwise provided by the competent financial and taxation authorities, the part of the employee education expenses incurred by the enterprise that does not exceed the total wages and salaries shall be allowed to be deducted; The excess amount is allowed to be carried forward and deducted in subsequent tax years. ”

According to the current enterprise income tax policy, general enterprises can withdraw education and training funds in full according to the total wages of employees, and enterprises with high technical requirements, heavy training tasks and good economic benefits can be withdrawn in full according to the extraction and included in the cost expenditure. It is necessary to ensure that funds are earmarked for the education and training of workers, especially front-line workers, and it is strictly forbidden to divert them for other purposes.

However, starting from January 1, 06, the pre-tax deduction of employee education expenses should follow the principle of real occurrence, that is, only those withdrawn and actually used by the enterprise in the current year can be deducted before tax, and the upper limit of deduction is the total taxable salary of the enterprise in the current year; Although the enterprise withdraws according to the regulations in the current year, the education funds that are not actually used shall not be deducted before tax. If the accumulated balance of your company's employee education funds in the previous year of 06 years can be carried forward to the next year for continued use, and no tax adjustment is required.

When paying income tax, the excess part should be increased by the taxable income.

Legal analysis: Employee education funds need to be accrued monthly. The pre-tax deduction limit for employee education expenses of general enterprises is unified with that of high-tech enterprises, and is increased from Hongmao to 8%.

The part of the world's most important expenses incurred by an enterprise for the education of employees shall not exceed 8% of the total wages and salaries, and shall be allowed to be deducted. The excess amount is allowed to be carried forward and deducted in subsequent tax years. Principles of pre-tax deduction of vocational education fees:

It must be actually incurred, and the expenditure of the enterprise must be actually incurred, and only accrual.

Legal basis: Article 42 of the "Search and Grinding of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China" Unless otherwise stipulated by the competent financial and taxation authorities, the part of the employee education expenses incurred by the enterprise that does not exceed the total wages and salaries shall be allowed to be deducted. The excess amount is allowed to be carried forward and deducted in subsequent tax years.

Employee education funds.

It must be accrued.

When accruing, the accounting treatment is: debit: management expenses, sales expenses and other accounts, and credit: payable employee compensation.

Employee education funds.

When the actual payment is made, the accounting treatment is: debit: employee remuneration payable - employee education funds, credit: bank deposits and other subjects.

There is a word that accountants often come across, and that is "accrual". Separately, it's about calculation and extraction. Through the prescribed formula calculation, part of the backup cost of a certain expense is taken out and included in the specified account.

Accrual function. 1. On the accrual basis.

On the premise, certain expenses that have been incurred but not actually paid are included in advance.

2. According to the provisions of the system, calculate and withdraw the relevant (retention, impairment) provisions.

3. Anticipate certain accounts payable.

4. Other expected items in line with the accounting system.

Employee education funds refer to an expense that an enterprise withdraws for the education of its employees according to a certain proportion of the total salary, and is a fee paid by the enterprise for the employees to learn advanced technology and improve their cultural level. The withdrawal and use of employee education funds should be accounted for in the "Employee Remuneration Payable" account, and the specific accounting treatment is as follows:

1. When accruing employee education funds:

Borrow: Management Expenses - Staff Education Expenses.

Credit: Employee Compensation Payable - Employee Education Fee for Employees.

2. When paying the education funds for employees:

Borrow: Employee Remuneration Payable - Employee Education Expenses.

Credit: Bank deposits.

According to the notice of the Ministry of Finance and the State Administration of Taxation on the pre-tax deduction policy for the education expenses of enterprise employees (Cai Shui [2018] No. 51), the part of the employee education expenses incurred by the enterprise that does not exceed 8% of the total wages and salaries is allowed to be deducted when calculating the taxable income of the enterprise income tax; The excess amount is allowed to be deducted in the following tax years.

Employee education funds do not need to be accrued, and shall be reimbursed when they are actually paid, and second-level subjects shall be set up under the salary payable to employees

The expenses incurred by the enterprise for the education of employees must be actually incurred, and the expenses that are not actually incurred shall not be deducted before tax.

Article 7 of the Notice on Printing and Distributing the Revision of the Accounting Standards for Business Enterprises No. 9 - Employee Remuneration (Cai Kuai [2014] No. 8) stipulates that the amount of social insurance premiums and housing provident funds paid by an enterprise for its employees, as well as the trade union funds and employee education funds withdrawn in accordance with the regulations, shall be calculated and determined according to the prescribed basis and proportion of the employee's remuneration during the accounting period in which the employee provides services to the employee, and the corresponding liabilities shall be confirmed. Included in profit or loss for the current period or the cost of related assets. According to the analysis of the above provisions, it can be seen that the accounting of employee education expenses needs to be accrued.

However, in terms of taxation: the Ministry of Finance and the State Administration of Taxation announced the "Notice on the Pre-tax Deduction Policy for the Education Expenses of Employees of Orange Cracks Enterprises" in 2018

1. The part of the employee education expenses incurred by the enterprise that does not exceed 8% of the total wages and salaries shall be allowed to be deducted when calculating the taxable income of the enterprise income tax; The excess amount is allowed to be carried forward and deducted in subsequent tax years.

2. This notice shall come into force on January 1, 2018. Therefore, from January 1, 2018, there are two levels of deduction standards for employee education expenses: 8% and full deduction (employee training fees for integrated circuit design enterprises and qualified software; Training expenses incurred by nuclear power generation enterprises to train nuclear power plant operators.

The above expenses need to be calculated separately and deducted according to the actual amount incurred when calculating the taxable income).

Pay attention to the final settlement.