Our company organized all employees to travel, and the invoice has been issued (the invoice is for travel expenses, amounting to 200,000 yuan). How to keep accounts?

These entries are:

Borrow: management expenses/manufacturing expenses/sales expenses-welfare expenses

Loan: wages payable to employees.

Debit: payable to employees.

Loans: bank deposits

According to the Individual Income Tax Law of People's Republic of China (PRC), the welfare funds exempted from individual income tax refer to the living allowance paid to individuals by enterprises, institutions, state organs and social organizations from the retained welfare funds or trade union funds in accordance with relevant state regulations;

Specifically, it refers to the temporary hardship allowance paid by the employer from the retained welfare funds or trade union funds in accordance with state regulations because certain specific events or reasons have caused certain difficulties to the normal life of the taxpayer himself or his family. The following income does not belong to the scope of tax-free welfare expenses, and should be incorporated into taxable wages and salaries to pay income tax:

(a) all kinds of subsidies and subsidies paid to individuals from welfare funds and trade union funds that exceed the proportion or base set by the state;

② Subsidies and subsidies paid to employees of this unit from welfare funds and trade union funds;

(3) The expenses that the unit buys cars, houses, computers, etc. for individuals are not temporary living difficulties subsidies.

Therefore, the free travel organized by the company for everyone does not belong to the scope of tax-free welfare expenses, and should be incorporated into taxable wages and salaries for income tax collection.

Extended data:

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.

Baidu Encyclopedia-Welfare Fee