What is the cost of daily necessities purchased for employees?

Employee collective benefits can be divided into three categories:

1) Collective welfare facilities organized to facilitate the lives of employees and reduce housework, such as canteens, nursing rooms, nursery schools, kindergartens, bathrooms, barber rooms, sewing groups, laundry rooms, medical offices, nursing homes and other collective welfare department equipment, facilities and maintenance costs, and wages and salaries, social insurance premiums, housing provident funds, labor expenses of welfare department staff, etc.

Equipment, facilities, and maintenance expenses of collective welfare departments such as bathhouses, barber rooms, sewing groups, laundry rooms, medical offices, and nursing homes, as well as salaries, social insurance premiums, housing provident funds, labor expenses, etc., for employees of welfare departments.

2) In order to solve the different needs of employees, meet the needs of employees in terms of health care, living, housing, transportation, etc., and reduce their living expenses, various welfare subsidies are established, such as subsidies for living difficulties, transportation subsidies for commuting to work, travel expenses for visiting relatives, washing expenses, rent subsidies, water and electricity subsidies, coal stickers, heating subsidies, heatstroke prevention and cooling expenses for employees, subsidies for staff canteens, health expenses, book and newspaper expenses, medical expenses issued by enterprises to employees for business purposes, and medical expenses for employees of enterprises that have not implemented medical co-ordination. Employees support medical subsidies, funeral subsidies, settling-in allowances, etc. for their immediate family members.

In actual work, to determine whether an expense, such as cold drinks distributed at the work site, towels and soaps distributed regularly, belongs to labor protection expenses or employee welfare expenses, it depends on whether this expense falls within the scope of deduction of employee welfare expenses stipulated above, and if it falls within the scope of deduction, it will be included in employee welfare expenses, otherwise it will be included in labor protection expenses.

Labor insurance expenses refer to the expenses incurred in equipping or providing employees with work clothes, gloves, safety protection supplies, heatstroke prevention and cooling supplies, etc.

According to this, experts interpret that the difference between employee welfare expenses and welfare expenses is that labor protection expenses are due to the production and operation management must provide the above-mentioned supplies, which generally occur in specific positions, while welfare expenses are welfare expenses with a general nature.

1. The purchase of daily necessities by enterprises should be recorded in the corresponding accounts according to different circumstances. If the employee benefit is used, the accrued benefit payable shall be deducted. If used in the office, it should be charged to the management costs. If it is used by production workers, it should be credited to the manufacturing cost.

2. The accounting entries are as follows:

The first thing to look at is which department's office supplies, if it is an administrative department, the entries are as follows:

Borrow: Administrative expenses.

Credit: Cash (or bank deposit).

3. If it is a production department, the entries are as follows:

Borrow: manufacturing costs.

Credit: Cash (or bank deposit).

Period-end carry-over to production costs. A proof of payment is required.

According to the department to which the employee belongs, the following accounts are debited: administrative expenses, manufacturing expenses, sales expenses, welfare expenses payable, etc.

Management expenses refer to the expenses incurred by the administrative department of the enterprise for the management and organization of business activities, including company funds, trade union funds, employee education expenses, labor insurance premiums, unemployment insurance premiums, board of directors fees, consulting fees, audit fees, litigation fees, sewage fees, greening fees, taxes, land use fees, land loss compensation fees, technology transfer fees, amortization of intangible assets, amortization of start-up costs, business entertainment expenses, bad debt losses, provisions for the decline in the value of inventories, inventory losses, damage and scrapping (reduction of profits) losses, as well as other administrative expenses.

The company's expenses include salaries, bonuses, employee benefits, travel expenses, office expenses, depreciation expenses, repair costs, material consumption, amortization of low-value consumables and other company expenses.

Management expenses, operating expenses, welfare payables, etc., depend on the specific situation.

When an employee borrows living expenses from the company:

Debit: Other receivables - so-and-so employee.

Credit: cash on hand bank deposits.

When repaying the loan:

Borrow: cash in hand bank deposits.

Credit: Other receivables - so-and-so employee.

If it is deducted from their salary:

Borrow: Employee remuneration payable.

Credit: Other receivables - so-and-so employee.

What are the entries in the receipts after buying daily necessities?

Here's an example.

Since some employees live in the factory, what account should some of the daily necessities they buy go to?

1. The purchase of daily necessities by enterprises should be recorded in the corresponding accounts according to different circumstances. If the employee benefit is used, the accrued benefit payable shall be deducted. If used in the office, it should be charged to the management costs. If it is used by production workers, it should be credited to the manufacturing cost.

2. The accounting entries are as follows:

The first thing to look at is which department's office supplies, if it is an administrative department, the entries are as follows:

Borrow: Administrative expenses.

Credit: Cash (or bank deposit).

In the case of a production department, the entries are as follows:

Borrow: manufacturing costs.

Credit: Cash (or bank deposit).

Hope it helps.

Plan to classify and calculate the list of things that need to be bought (it is best to leave some urgent), and the documents are classified and managed, and the individual amount and the total amount are recorded.

Expenditures, income, deposits other than living expenses.