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What subjects does employee education include?
Employee education funds are included in management expenses. According to the plan of the Ministry of Finance, the annual withdrawal ratio of enterprise employees' education funds is determined within the range of 1.5%-8% and shall not be changed at will. When it actually happens: debit: management fee-employee education fund, and credit: bank deposit.

Accounting entries of employee education fund:

Upon exit:

Borrow: management expenses-employee education fund

Loan: Payable Wages-Employee Education Fund

When paying:

Debit: Payables-Employee Education Fund

Loans: bank deposits

The employee education fund allocates employee education funds according to a certain proportion of the total wages. The employees of this unit not only have the right to receive labor remuneration and collective welfare, but also have the right to receive on-the-job training and follow-up education. Therefore, a certain amount of education funds is needed.

Accounting of management expenses

Enterprises should account for the occurrence and carry-over of management expenses through the subject of "management expenses". Debit this account, register the management expenses incurred by the enterprise, and transfer the management expenses at the end of the credit registration to the "profit of this year" account. After carrying forward, the account should have no balance. This course carries out detailed accounting according to the expenditure items of management expenses.

The start-up expenses incurred during the preparation of the enterprise include personnel salaries, office expenses, training fees, travel expenses, printing fees, registration fees, etc. , debit "management fees" and credit "bank deposits"; Staff salaries of the administrative department of the enterprise shall be debited to the subject of "management expenses" and credited to the subject of "staff salaries payable"; Enterprises in accordance with the provisions of the calculation and determination of mineral resources compensation fees payable, debit "management fees" subjects, credited "tax payable" subjects; Office expenses, utilities, travel expenses and other expenses incurred by the administrative department of the enterprise, as well as business entertainment expenses, consulting fees, research fees and other expenses incurred by the enterprise, shall be debited to the subject of "management expenses" and credited to the subjects of "bank deposits" and "research and development expenditures". At the end of the period, the balance of the "management fee" account should be transferred to the "profit this year" account, debited to the "profit this year" account and credited to the "management fee" account.

Management expenses are recorded as period expenses in accounting. The management expenses incurred by the enterprise are accounted for in the "management expenses" account, and a subsidiary ledger is set up according to the expense items of the "management expenses" account for subsidiary ledger accounting. There is no balance after the balance of "management expenses" at the end of the period is carried forward to "profit of this year".