Employees borrow, what should the cashier do.

The cashier can directly make an expense and give an IOU to the accountant and let the money be included in the account.

In a general company, the cashier will keep the IOU, and the borrower will exchange the IOU with the cashier with the receipt and the remaining money.

How do you account when employees borrow money? Is he on loan for a business trip or something else?

Our company is internal transactions are "other payables", borrowing: other payables - personal transactions 20000, credit: cash in hand 20000

When the loan is repaid, it is reversed, and the loan is borrowed: administrative expenses - travel expenses 8000;Cash in hand 12,000, credit: other payables - personal transactions 20,000

If your company requires that the maximum limit of the reserve fund is 30,000, then the amount of bills returned by the employee is not counted, only the cash, the part that exceeds 30,000 must be deposited in the bank on the same day, borrowing: bank deposit 12,000, credit: cash in hand 12,000

In this case, what you have to do as a cashier is to collect and pay, pay him when he borrows, collect the unused loan when he repays, and deposit it in a safe or bank. Then register the cash and bank journals, and hand over the other bills directly to the accountant, so that he can make entries and sort out the accounting vouchers. The cashier job is relatively simple, you don't want to do the accounting work directly.

The above is a personal understanding, if there is something wrong, we will discuss and learn together.

Employee Loan Accounting Entries:

Debit: Other receivables - xx individuals.

Credit: cash on hand bank deposits.

At the time of reimbursement and repayment.

Borrow: cash on hand, bank deposits, administrative fees, etc.

Credit: Other receivables - xx individuals.

Other receivables refer to all kinds of receivables and provisional payments other than notes receivable, accounts receivable, prepaid accounts, dividends receivable and interest receivable.

Its main contents include:

1. All kinds of compensation and fines receivable, such as compensation that should be collected from relevant insurance companies due to accidental losses caused by enterprise property.

2. Rent receivable for rental packaging.

3. All kinds of advance payments that should be collected from employees, such as water and electricity bills paid in advance for employees, medical expenses and rent expenses that should be borne by employees.

4. Deposit a deposit, such as a deposit paid for renting packaging.

5. Other receivables and provisional payments.

1. When employees borrow money, the accounting entries are:

Debit: Other receivables – Employee's name.

Credit: Bank deposits (or cash in hand accounts).

2. When the actual reimbursement expenses incurred by the employee are less than the borrowed money, and the enterprise needs to recover the remaining money

Debit: Bank deposit (or cash in hand account).

Management expenses, etc. (included in the corresponding account according to the reimbursement expense attribution department) credit: other receivables - the name of the employee.

3. When the actual reimbursement expenses incurred by the employee are more than the borrowed amount, and the enterprise should pay the remaining amount

Debit: Management expenses, etc. (included in the corresponding account according to the department to which the reimbursement expenses belong) Credit: Other receivables - the name of the employee.

Bank deposits (or cash in hand accounts).

Employees borrowing and disbursing funds from the enterprise shall be accounted for through the account of "other receivables".

Kiss. Hello Employee Loan Accounting Entries Debit: Other Receivables - xx Personal Credit:

Cash in hand Bank deposit reimbursement and repayment borrowing: cash in hand Bank deposit Management expenses and other loans: other receivables - xx personal other receivables refer to various receivables and provisional payments other than notes receivable, accounts receivable, prepaid accounts, dividends receivable and interest receivable.

Its main contents include:1All kinds of compensation and fines receivable, such as compensation that should be collected from the relevant insurance company due to accidental losses caused by the enterprise's property, etc.; 2.

Rental of rental packaging receivable; 3.Various advances that should be collected from employees, such as water and electricity bills paid for employees, medical expenses and rent expenses that should be borne by employees; 4.Deposit a security deposit, such as a deposit for renting packaging; 5.

Other receivables and provisional payments.

Hello dear. If you are still satisfied with me, please give me a thumbs up with your rich little hands, thank you very much.

1. The employee issues an IOU to the company, and 2. The company keeps the transfer voucher and IOU in a false manner.

3. If the amount is poor and large, you can sign a contract to agree on interest and repayment.

4. You can also ask employees to provide guarantees.

Employees borrow, fill in the loan form, after the approval of the relevant leaders, the accountant writes the voucher with the bill, borrows: other receivables, credit: cash, and then asks the borrower to sign the voucher at the recipient, and the cashier gives cash or check.

Borrowing:

It refers to the funds borrowed by enterprises from banks and other financial institutions and other units, including credit loans, mortgage loans and trust loans. Borrowing can also refer to the funds borrowed by a person from financial institutions such as banks and other units and individuals, including credit loans, mortgage loans and trust loans.

A new type of Internet"p2p"The model, that is, using the Internet as a platform to match borrowers (peers) and individual investors (peers) to trade, investors are optimistic about the project and lend money to those who need it. The advantages of the Internet P2P model are:"Fast, efficient, and geographically agnostic"And so on, in recent years, the mobile Internet, WeChat"Flash borrowing"The mobile Internet has become more efficient and convenient, bringing a new operating model to traditional borrowing.

In the process of business development of the company, when borrowing money from employees, it can be included in other accounts payable for accounting, and how to do the corresponding accounting entries?

Borrow: Bank deposit.

Credit: Other payables - xx employees.

On Repayment: Borrow: Other Payables - Personal Borrowing.

Credit: Bank deposits.

The company pays interest to the borrower:

Borrow: Finance Expenses - Interest on Borrowing.

Other payables – withholding tax.

If the company borrows money from individual employees, the interest on the borrowed money must be deducted before tax, and the following conditions must be met:

1. The company belongs to the borrower, so it must have an interest invoice for the travel to be deducted before tax;

2. The company and the individual need to sign the corresponding loan contract together;

3. The interest borrowed by the company from individuals must meet the amount calculated by the interest rate of the same type of loan in the same period of the financial enterprise, and the pre-tax deduction can only be made within the calculation range of this interest rate and the invoice obtained.

Other accounts payable accounting.

Other accounts payable accounts account for other payables and temporary receivables other than bills payable, accounts payable, accounts receivable, employee remuneration payable, interest payable, dividends payable, taxes payable, long-term payables, etc. The insurance coverage** payable by the enterprise (insurance) is also accounted for through other payables.

In order to correctly reflect and supervise the creation and disappearance of various other payables of the enterprise, the company should set up the "other payables" account. The credit side of this account is used to reflect the occurrence of other payables of the enterprise; The debit side is used to reflect the payment of other payables; The closing balance is generally on the credit side, which represents other payables that the business has not paid at the end of the period. The "Other Payables" account should also set up detailed accounts according to specific projects for detailed accounting.