How to make accounting entries when an enterprise organizes employees to travel?

Nowadays, many enterprises regularly organize employees to travel every quarter, which involves corresponding expenses. Many accountants don't know how to handle accounts. The following deep space network will explain it in detail for you.

How do enterprises make accounting entries when organizing tourism?

At the time of withdrawal,

Borrow: management fee-welfare fee;

Loan: Payable salary-employee welfare.

When paying,

Debit: payables-employee welfare funds;

Loan: bank deposit/cash on hand.

The funds received by the company for organizing tourism should be included in the management expenses-welfare expenses, and the employee welfare expenses should be cancelled and actually charged. When the annual settlement is made, the difference between the payable amount and the actual amount is calculated, and the excess amount is adjusted for tax payment.

Overview of welfare funds

The scope of welfare funds is clearly stipulated by the state, and it is mainly used for subsidies for workers' living difficulties, medical expenses for workers, travel expenses for workers to seek medical treatment in other places due to work-related injuries, and various expenses of enterprise welfare departments. Welfare departments mainly include: infirmary, nursery and kindergarten.

Closely follow the theme of "Enterprises seek benefits for employees". Excluding the expenditure on the purchase and construction of workers' collective welfare facilities (such as the expenditure on the construction of infirmary, nursery and kindergarten, listed in the "surplus reserve" subject); There are also some policy benefits, such as the cost of roasting fire, labor protection fees for some posts, medical insurance premiums paid for employees, etc., which are included in the "management expenses" together with pension insurance, unemployment insurance and industrial injury insurance.

Provisions on the new welfare fund

The new accounting standard cancels the subject of welfare expenses payable, and welfare expenses do not need to be extracted.

1, if the new accounting standards are implemented, accounting entries:

(1) When welfare expenditure occurs

Borrow: Payable employee salaries-employee welfare expenses.

Credit: cash, etc.

(2) At the end of the month, at the time of distribution.

Borrow: management fee-welfare fee

Loan: Payable employee salary-employee welfare fund.

(3) When carrying forward profit and loss

Debit: this year's profit

Loan: management fee-welfare fee

2. If the original enterprise accounting system is implemented, welfare funds can be extracted or not.

(1) extraction, according to the previous accounting entries.

(2) Not extracted, the welfare expenses incurred are directly included in the "management expenses-welfare expenses" subject.