Seek a complete set of accounting entries for the catering industry, and how to make accounting entr

Meal expenses should be classified according to the beneficiaries and included in different accounting accounts.

If it is an invoice for meals consumed by the company's employees, it should be included in the Management Expenses - Welfare Expenses account. The accounting entries are: Debit: Administrative Expenses - Welfare Expenses. Credit: Bank Deposit Cash.

If it is an invoice for the meal expenses consumed by the company to entertain customers, it should be included in the administrative expenses - business entertainment expenses account. Borrow: Administrative Expenses - Business Entertainment Expenses. Credit: Bank Deposit Cash.

Article 43 of the Detailed Rules of the Income Tax Law: The business entertainment expenses incurred by the enterprise in connection with production and business activities shall be deducted according to 60% of the amount incurred, but the maximum shall not exceed 5% of the sales (business) income of the current year.

The meal fee can be regarded as the company's welfare subsidy to employees, which belongs to the salary part of the start-up fee.

In the daily operation process of the catering industry, it is common to set up accounts such as "main business cost", "raw materials" and "fixed assets" to be enlarged for business processing, what should be done for the accounting entries of the catering industry?

Cracked accounting entries in the catering industry.

1. Purchase vegetables and other raw materials.

Borrow: raw materials — vegetables, meat.

Credit: cash on hand Accounts payable.

2. Pay labor wages, accrual and distribution.

Borrow: Cost of main business.

Credit: Employee Remuneration Payable – Wages.

Borrow: Employee remuneration payable - wages.

Credit: cash on hand.

3. Purchase auxiliary materials.

Borrow: Cost of main business.

Credit: cash on hand.

4. Purchase equipment that meets the conditions of fixed assets, such as air conditioners.

Borrow: Fixed assets.

Credit: cash on hand bank deposits accounts payable.

5. Pay rent, water and electricity bills, etc.

Borrow: sales expenses - rent.

Selling expenses – utilities.

Credit: cash on hand bank deposits accounts payable.

6. Income accounting.

Debit: cash on hand Accounts receivable.

Credit: main business income.

7. Provision for depreciation.

Borrow: Selling expenses.

Credit: Accumulated depreciation.

8. Calculate taxes.

Borrow: Taxes and surcharges.

Credit: Tax Payable - VAT.

Taxes payable - urban construction tax.

Taxes payable - Education fee surcharge.

9. Month-end carry-over costs and expenses.

Borrow: Cost of main business.

Credit: raw materials.

Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

Selling expenses. Taxes and surcharges.

Income tax expense (if not done).

10. Carry-forward income.

Borrow: main business income.

Credit: Profit for the year.

11. Carry forward the distribution of profits (if there is a loss, the opposite entry).

Borrow: Profit for the current year.

Credit: Profit distribution – undistributed profit.

1. Purchase vegetables and other raw materials.

Borrow: raw materials — vegetables, meat.

Credit: cash on hand Accounts payable.

2. Pay labor wages, accrual and distribution.

Borrow: Cost of main business.

Credit: Employee Remuneration Payable – Wages.

Borrowing and Balance: Employee Compensation Payable - Wages.

Credit: cash on hand.

3. Purchase auxiliary materials.

Borrow: Cost of main business.

Credit: cash on hand.

4. Purchase equipment that meets the conditions of fixed assets, such as air conditioners.

Borrow: Fixed assets.

Credit: cash on hand bank deposits accounts payable.

5. Pay rent, water and electricity bills, etc.

Borrow: sales expenses - rent.

Selling expenses – utilities.

Credit: cash on hand bank deposits accounts payable.

6. Income accounting.

Debit: cash on hand Accounts receivable.

Credit: main business income.

7. Provision for depreciation.

Borrow: Selling expenses.

Credit: Accumulated depreciation.

8. Calculate taxes.

Borrow: Taxes and surcharges.

Credit: Tax Payable - VAT.

Taxes payable - urban construction tax.

Taxes payable - Education fee surcharge.

9. Month-end carry-over costs and expenses.

Borrow: Cost of main business.

Credit: raw materials.

Borrow: This year's profit is scattered.

Credit: Cost of Principal Operations.

Selling expenses. Taxes and surcharges.

Income tax expense (if not done).

10. Carry-forward income.

Borrow: main business income.

Credit: Profit for the year.

11. Carry forward the distribution of profits (if there is a loss, the opposite entry).

Borrow: Profit for the current year.

Credit: Profit distribution – undistributed profit.

What are the types of taxes involved in the catering industry?

The main types of taxes involved in catering enterprises are as follows:

1. Value added tax"Replacing business tax with value-added tax"After that, the VAT rate for general taxpayers in the catering industry is 6%, and the comprehensive levy rate applicable to small-scale taxpayers is 3%;

2. For urban maintenance and construction tax, 7% shall be paid according to the taxable sales tax (or 5%, 1%) according to the specific tax rate determined by the taxpayer;

3. The education fee surcharge shall be paid according to 3% of the value-added tax paid by the enterprise;

4. Other additional payments shall be calculated in accordance with the relevant regulations of the taxpayer's location;

5. Enterprise income tax, the tax rate of enterprise income tax is 25%, and the tax rate of small and low-profit enterprises is 20%;

6. Withholding and payment of individual income tax for employees;

7. Vehicle and vessel use tax;

8. Stamp duty;

9. Real estate tax;

10. Land use tax.

It should be noted that not every tax needs to be paid by the catering beverage enterprises, and the specific tax rate is also different, which is determined by the size of the catering service project and the scale of the operation, and we should distinguish and judge according to the actual situation.

When dealing with economic business, it is necessary to master the use of main business costs, raw materials, bank deposits and other subjects, so what are the accounting entries related to the catering industry?

Accounting entries for the catering industry.

1. Direct consumption of meal purchases.

1 Accounting Entries:

Executive summary: Pay (payable) xx meal material payment.

Borrow: Cost of main business.

Credit: cash on hand bank deposits accounts payable.

2 There should be attachments such as purchase invoices (with lists), bank payment documents, etc.

3 Process for reviewing attachments:

Purchase invoices signed by purchasing personnel, kitchen chefs, department managers, and unit heads should be issued.

2. Meals need to be stored after purchase.

1 Accounting Entries:

Executive summary: Pay (payable) xx meal material payment.

Borrow: Raw materials Meal materials.

Credit: Bank Deposits Accounts Payable.

2. There should be attachments such as purchase invoices (with lists), food warehousing lists, bank payment documents, etc.

3 Process for reviewing attachments:

Procurement invoices signed by purchasing personnel, warehouse custodians, department managers, and unit heads should be issued for rough burial.

There should be a food storage list signed by the purchasing personnel, warehouse storage personnel, and department managers.

3. At the end of the month, there should be a kitchen to receive meals.

1 Accounting Entries:

Executive summary: Transfers from kitchen ingredients to the food warehouse.

Borrow: Cost of main business.

Credit: Raw materials Meals.

2. There should be a transfer list and an attachment to the meal inventory table.

3 Process for reviewing attachments:

There is a transfer form signed by the storekeeper and the chef in the kitchen.

A meal counting sheet signed by the custodian and department manager.

The summary number of the transfer order should be consistent with the reduction number in the meal inventory table.

Fourth, at the end of the month, the meal has been put into the warehouse but not paid for the account.

1 Accounting Entries:

Executive summary: Inventory of meals that have been stocked but not paid.

Borrow: Raw materials Meal materials.

Credit: Accounts payable.

2. There should be an attachment to the food storage list.

3 Process for reviewing attachments:

Inbound orders signed by buyers, custodians, and department managers.

5. The cost of unused meals in the kitchen should be reduced at the end of the month.

1 Accounting Entries:

Executive summary: Inventory of meal materials at the end of the month to flush costs.

Borrow: raw materials kitchen.

Credit: Cost of Principal Operations.

2) There is a kitchen inventory table attachment.

3 Process for reviewing attachments:

The first is the kitchen inventory sheet signed by the back kitchen, the chef and the department manager. In the following month, the same amount was transferred from the raw material kitchen to the main business cost.

The amount of alcohol allocated to the restaurant from the reservoir is consistent, and the decrease in alcohol this month is consistent with the statement of alcohol sold, and is used as the basis for the transfer to this statement.

The processing of entries for catering expenses incurred by enterprises is also different due to different purposes. What are the relevant accounting entries for food and beverage expenses?

Catering expense entries are processed.

1. For business entertainment meals.

Borrow: Administrative Expenses - Business Entertainment Expenses.

Credit: cash on hand bank deposits.

2. It is used for the working meals of employees.

Borrow: Employee Remuneration Payable - Employee Benefits.

Credit: cash on hand bank deposits.

At the end of the month.

Borrow: Management Expenses - Welfare Expenses.

Credit: Employee Salary Payable - Employee Welfare Expenses.

3. Meals for employees on business trips (according to reimbursement standards).

Borrow: Administrative Expenses - Travel Expenses.

Credit: cash on hand.

What is the management expense?

Administrative expenses belong to the category of loss and loss.

Management expenses refer to the various expenses incurred by the enterprise for the organization and management of production and operation, including the start-up expenses incurred by the enterprise during the preparation period, the company expenses incurred by the board of directors and the administrative department in the operation and management of the enterprise and the company expenses that should be borne by the enterprise (including the remuneration of employees by the administrative department, material consumption, amortization of low-value consumables, office expenses and travel expenses, etc.), the trade union funds borne by the administrative department, and the board of directors fees (including the allowances of board members, meeting fees and travel expenses, etc.), Fees for hiring intermediaries, consulting fees (including consultant fees), litigation fees, business entertainment fees, technology transfer fees, research fees, etc. Follow-up expenses such as fixed asset repair costs incurred by the production workshop (department) and administrative management department of the enterprise are also accounted for as management expenses.