How to deal with the reimbursement of meal expenses and how to deal with the reimbursement of meal e

Article 8 of the Enterprise Income Tax Law of the People's Republic of China stipulates that reasonable expenses actually incurred by an enterprise in connection with the acquisition of income, including costs, expenses, taxes, losses and other expenses, are allowed to be deducted in the calculation of taxable income. In the absence of relevant laws and regulations clarifying the repeal of Guo Shui Fa [2000] No. 84, the above-mentioned travel or conference expenses incurred by your company shall be subject to Article 52 of Guo Shui Fa [2000] No. 84: "If the taxpayer incurs reasonable travel expenses, conference expenses and board of directors fees related to its business activities, and the in-charge tax authorities require supporting materials, they shall be able to provide legal certificates to prove their authenticity, otherwise, they shall not be deducted before tax."

Supporting materials for travel expenses should include: name, place, time, task, payment voucher of the business traveler, etc. Proof of conference fee should include:

Meeting time, place, attendees, content, purpose, fee standard, payment voucher, etc. ”

Therefore, if it is true that the company's employees go on a business trip or attend a conference, the reasonable travel expenses and conference expenses related to their business activities, if the in-charge tax authorities require supporting materials, they should be able to provide the above-mentioned legal certificates to prove their authenticity, and they must be recognized by the local in-charge tax authorities, otherwise there is a tax risk of tax adjustment.

Borrow administrative fees.

Credit cash on hand.

1. Reimbursement standard for business entertainment expenses:

The allowable amount of reimbursement for business entertainment expenses is a standard set by your company internally, and is formulated by your company according to the actual business needs. The specific amount is different in different regions and different industries in different German regions.

As a reasonable expense for the production and operation of an enterprise, the accounting system stipulates that it can be deducted before income tax within a certain proportion range, and the part exceeding the standard shall not be deducted. Personal entertainment expenses and hobby expenses of corporate investors or employees shall not be declared and deducted as business entertainment expenses.

2. Deduction limit for business entertainment expenses:

According to the provisions of the tax law, the business entertainment expenses incurred by the enterprise related to production and business activities shall be deducted according to 60% of the actual amount, but the maximum shall not exceed 5% of the sales (business) income of the current year. That is, only these can be deducted before tax, but the amount of reimbursement depends on the financial system of your unit, as long as the income tax of reimbursement is adjusted before tax.

When an enterprise declares business entertainment expenses, the tax authorities require the company to provide valid vouchers or materials to prove that the business has truly occurred. If it cannot be provided, it shall not be deducted before tax. The content of the supporting materials includes the actual amount of expenditure, commercial purpose, business relationship with the person being entertained, time and place of entertainment, etc.

For example, if an enterprise has an annual sales income of 10 million yuan and an annual entertainment expense of 200,000 yuan, when the year-end income tax is settled, it will first be 120,000 yuan according to 60% of the entertainment expenses, and then 50,000 yuan according to the sales revenue, so the unit can only deduct 50,000 yuan before tax for business entertainment expenses throughout the year.

Employees can apply to the finance department for reimbursement at the end of the month for the meal expenses incurred in entertaining customers. How do I make an account when reimbursing my meal expenses?

Meal expense reimbursement entries are processed.

Meals are charged for business entertainment.

Borrow: Administrative Expenses - Business Entertainment Expenses.

Credit cash on hand.

Reimbursement of employee meal expenses.

When accruing: borrowing: management expenses.

Manufacturing costs. Selling expenses, etc.

Credit: Employee Compensation Payable - Benefits.

When Paid: Borrow: Employee Remuneration - Welfare Expenses Payable.

Credit: Bank deposits.

Remuneration payable to employees refers to various forms of remuneration or compensation given by enterprises for obtaining services provided by employees or terminating labor relations. Employee compensation includes short-term compensation, post-employment benefits, severance benefits, and other long-term employee benefits. The benefits provided by an enterprise to an employee's spouse, children, dependents, survivors and other beneficiaries of the deceased employee are also considered employee remuneration.

Is the cost of meals deductible from input tax?

Meals are not deductible.

According to the relevant provisions of the Notice of the Ministry of Finance and the State Administration of Taxation on Comprehensively Promoting the Pilot Project of Replacing Business Tax with Value-Added Tax, Cai Shui (2016) No. 36 document, the input tax of the project shall not be deducted from the output tax: the taxpayer's social entertainment consumption belongs to the personal consumption of the bucket. Purchased passenger transportation services, loan services, catering services, daily services for residents and entertainment services.

Socializing consumption does not belong to the production input and expenditure in the production economy, but is a kind of living consumption activity, while value-added tax is a tax on consumption behavior, and consumers are the taxpayers. Therefore, social entertainment consumption needs to bear the corresponding input tax.

Dear Hello, I'm glad to answer your questions, and the reimbursement of invoices in the catering industry should pay attention to the following points: (1) The reimbursement expenses must be based on reasonable, legal, and pure and true vouchers. (2) The expenses incurred must be filled in according to the provisions of the company's unified reimbursement documents, and shall not be filled in at will. (3) The original voucher must be reviewed and signed in accordance with the procedures stipulated by the company, and the relevant procedures must be complete.

4) Accountants should carefully review all kinds of vouchers, and refuse to reimburse illegal original bills. (5) The accounting department should strengthen the review of various expense vouchers, and shall not report expenses and expenses that do not conform to the company's system and exceed the authority of approval.

<> dear, I am glad to answer for you: Hu Hongxing, the handling party of the balance of meal reimbursement, is as follows: 1. If you have a common meal fee or a partnership to walk through the canteen where everyone raised funds, and finally have a balance of food expenses, you should first solicit your opinions.

According to the opinion of the majority, the treatment of the skin is made. 2. According to everyone's opinions, you can have a meal or send benefits. When it can't be used, according to everyone's opinions, divide it evenly or keep it for the next time.

3. If most of you do not agree to receive benefits for meals, you can also spend it at one time without leaving a tail. It mainly depends on whether you have relevant regulations, such as the excess money to the next pants, the less money is responsible for yourself, etc., if there are provisions according to the regulations, you are responsible for yourself, if there are no regulations, your money is less than your expenditure, and your expenses are normal expenses, it is reasonable to tell the next person, by him to collect the money to make up for your loss, if the excess is caused by your reasons, such as 15 yuan a standard, you change to 20 yuan a minute for everyone to eat, this responsibility needs to be paid.

When reimbursement of meal expenses will lead to an increase in expenses, the increase in expenses will be included in the accounting of the borrower, and at the same time, it will lead to a decrease in monetary funds and a decrease in assets will be included in the credit accounting.

When reimbursing meal expenses, the accounting treatment is: borrowing: management expenses - travel expenses, management expenses - business entertainment expenses and other detailed documents, credit: cash in hand and other accounts.

Legal analysis: From July 1, 2017, if the buyer is an enterprise, the taxpayer identification number or unified social credit shall be provided to the seller when requesting an ordinary VAT invoice; When the seller issues an ordinary VAT invoice for it, it shall fill in the taxpayer identification number or unified social credit of the buyer in the column of "Taxpayer Identification Number of the Buyer". Invoices that do not meet the requirements shall not be used as tax vouchers.

The basis of the law is that of the law

Detailed Rules for the Implementation of the Measures of the People's Republic of China for the Administration of Invoices》 Article 35 When issuing invoices, units and individuals must fill in the order of the number pure friend code, fill in the complete items, the content is true, the handwriting is clear, all copies are copied and printed at one time, the content is completely consistent, and the invoice copy and the deduction copy are stamped with the unit's financial seal or special invoice seal.

When the company reimburses the catering expenses, it makes corresponding entries according to the amount of catering expenses corresponding to the actual business, for example, the catering expenses paid by the employees are included in the management expenses - travel expenses - catering expenses, and if it is the catering expenses paid by the guests, relatives, etc., it is included in the management expenses-business entertainment expenses, etc., and the entries are: debit: management expenses-travel expenses-catering expenses, management expenses-business entertainment expenses, credit: bank deposits, etc.