Accounting entry for payment of meals in cash of 560

1.If the meal is a staff dinner.

Borrow: Employee remuneration payable.

Employee benefits 560

Credit: cash on hand 560

Month-end carry-over to administrative expenses.

Selling Expenses Manufacturing expenses.

Welfare expenses. 2.If it's hospitality or something, just go straight.

Borrow: Administrative Expenses Selling Expenses - Hospitality 560

Credit: cash on hand 560

1. Accounting entries for the company's dinner.

Enterprise employee dinner is generally the expenditure of employee welfare expenses, which should be included in the corresponding costs according to the nature of the department, the management department is included in the management expenses, the sales department is included in the sales expenses, and the departments of the production workshop are included in the manufacturing expenses, and the specific accounting entries are made: Borrow: management expenses, sales expenses, manufacturing expenses-welfare expenses.

Credit: Employee Compensation Payable - Benefits.

Borrow: Employee remuneration payable - benefits.

Credit: Bank Deposits Other Payables.

Employee welfare expenses refer to the expenses paid to promote the material interests of employees, help employees and their families solve certain special difficulties, and set up collective welfare undertakings.

2. The part of the employee welfare expenses incurred by the enterprise that does not exceed 14% of the total wages and salaries shall be allowed to be deducted.

According to personal income tax.

According to the principle of the law, individual income tax shall be paid on benefits paid to individuals, whether in cash or in kind. However, at present, individual income tax is not levied in principle on the benefits enjoyed by the collective, indivisible and non-cash means.

3. The remuneration payable to employees refers to all kinds of remuneration payable by the enterprise to the employees in accordance with the relevant regulations. This includes short-term compensation, post-employment benefits, severance benefits, and other long-term employee benefits. The remuneration of employees of an enterprise generally refers to the various forms of remuneration and other related expenses that employees should be given for the services provided by the enterprise.

Specifically, it includes: employee salaries, bonuses, allowances and subsidies; Employee welfare expenses, such as daily company dinners, etc.; Pay social insurance premiums such as medical insurance premiums, pension insurance premiums, unemployment insurance premiums, work-related injury insurance premiums and maternity insurance premiums for employees; Contribute to the housing provident fund of the unit part; Trade union funds and staff education funds.

1. If the meal is a staff dinner.

Borrow: Employee Compensation Payable - Employee Benefits 560

Credit: cash on hand 560

Month-end carry-over management expenses, selling expenses, manufacturing expenses, and welfare expenses.

2. If it's entertainment or something, just go straight.

Borrow: Administrative Expenses Selling Expenses - Hospitality 560

Credit: cash on hand 560

Common are but not limited to:

1. If it is a meal expense incurred in the nature of entertaining customers and other guests, borrow: management expenses, etc. - business entertainment expenses, credit: bank deposits, etc., 2. If it is a meal expense incurred by the employee during a business trip, borrow:

Management expenses, etc. - travel expenses, credit: bank deposits, etc., 3. If the employee canteen eats, overtime dinner, borrow: management expenses, etc. - employee welfare expenses, credit:

Bank deposits, etc., if it involves individual income tax, there are taxes payable - individual income tax payable, 4. If the enterprise organizes vocational and technical training for employees, meals during the training, borrow: management expenses, etc. - employee education funds, credit: bank deposits, etc., 5. If the enterprise holds a meeting in the hotel, dine during the meeting, borrow:

Management expenses, etc. - conference fees, credit: bank deposits, Qingxiang, etc.

The accounting entries of meal expenses need to be confirmed or blindly recognized according to the actual situation, and the meal expenses paid by different businesses are included in different accounts. For example, the meal expenses paid by the entertainment account of the enterprise are included in the management expenses-business entertainment expenses, and if the meals paid by employees on business trips, they are included in the management expenses-travel expenses-meal expenses. Its entry is, borrowed:

Management expenses - business entertainment expenses, management expenses - travel expenses - meal expenses, credit: cash code empty gold, etc.

When accruing, debit: management expenses - welfare expenses (company part) and other accounts, credit: employee remuneration payable - welfare expenses.

When the personal part is accrued, borrowed; Management expenses - welfare expenses and other accounts, credit; Employee compensation payable - benefits.

When paying, borrow; Employee compensation payable - benefits, loans; Cash or bank deposits.

Management expenses include company expenses, employee education expenses, business entertainment expenses, taxes, technology transfer fees, amortization of intangible assets, consulting fees, litigation fees, amortization of start-up costs, management fees paid to superiors, labor insurance premiums, unemployment insurance premiums, board of directors dues, financial report audit fees, start-up expenses incurred during the preparation period and other administrative expenses.

Abstract:Payment accounting entries are an important part of accounting work, which involves recording expenditures, settling accounts, recording flow transfers, etc., which is the basic link in accounting work, this paper will introduce the basic operation of payment accounting entries from the basic concepts, business processes, accounting entries and financial statements of payment accounting entries.

Text: 1. The basic concept of payment accounting entries: payment accounting entries refer to the payment of goods in the process of payment by the enterprise, through accounting entries, the payment is recorded in the Huaixiang account for settlement, statements, etc.

2. The business process of payment accounting entries: The business process of payment accounting entries includes recording expenditures, settling accounts, recording flow transfers, etc., and the specific process is as follows:

1) First of all, enterprises should keep records of expenditures to ensure that the records of expenditures are accurate;

2) Secondly, the enterprise should settle the account to ensure the accuracy of the account;

3) Finally, the enterprise should record the current transfer to ensure the accuracy of the account;

3. Accounting entries of payment accounting entries: The accounting entries of payment accounting entries generally include the following aspects:

1) Debit: accounts payable;

2) Credit: bank deposits;

3) Borrow: cash;

4) Credit: accounts payable;

4. Financial statements of payment accounting entries: The financial statements of payment accounting entries generally include the following aspects:

1) Balance sheet: In the balance sheet, the accounts payable items will decrease and the bank deposit items will increase;

2) Income statement: In the income statement, the expenditure items will increase;

3) Cash flow statement: In the cash flow statement, the cash outflow items will increase, and the cash inflow items will decrease.

To sum up, payment accounting entries are an important part of accounting work, which involves recording expenditures, settlement accounts, recording flow transfers and other operations, which is the basic link in accounting work, and requires enterprises to grasp the basic concepts, business processes, accounting entries and financial statements of payment accounting entries in order to be able to correctly operate payment accounting entries and ensure the accuracy of the financial statements of enterprises.