How to calculate the travel expenses of company employees?

1. If your company implements the new accounting standards,

(1) Pay travel expenses

Debit: Payables-Employee Benefits

Credit: cash on hand, etc.

(2) When distributing at the end of the month

Borrow: management fee-welfare fee

Loans: Payables-Employee Benefits

2. If your company has not implemented the new accounting standards.

(1) The company has withdrawn welfare funds, paid travel expenses and made accounting entries.

Debit: welfare fund payable

Credit: cash, etc.

(2) The unit has not withdrawn welfare funds, paid travel expenses and accounting entries.

Borrow: management fee-welfare fee

Credit: cash