With the continuous development of society, many companies have developed relatively complete company welfare systems. They will distribute gifts to employees during holidays and also set up various subsidies. Qualified employees can apply for them.

So how should the accounting entries be made for the subsidies issued by the enterprise?

How to make accounting entries for subsidies issued by the unit to employees?

The subsidies issued by the unit to employees should be included in the employee salary payable account, and the accounting entries are: Debit: employee salary payable Credit: cash in stock/bank deposits employee salary payable refers to various forms of subsidies given by enterprises in order to obtain services provided by employees

Remuneration and other related expenses.

Employee compensation includes: employee wages, bonuses, allowances and subsidies; employee benefits; social insurance premiums such as medical insurance premiums, pension insurance premiums, unemployment insurance premiums, work-related injury insurance premiums and maternity insurance premiums; housing provident funds; trade union funds and employee education funds

; Non-monetary benefits; compensation for terminating the labor relationship with employees; other expenses related to obtaining services provided by employees.

What are employee benefits payable?

1. Account nature: liability account.

2. Account purpose: used to calculate the wages paid to employees by the enterprise in accordance with relevant regulations.

The employee incentives and welfare funds withdrawn from net profits by enterprises in accordance with regulations are also accounted for in this account.

3. Account structure: A credit note increases to register the various salaries payable to employees in the current period; a debit note decreases to register the various salaries actually paid.

The ending balance is generally on the credit side and represents various remunerations that have not yet been paid to employees.

4. Detailed accounts: "Salaries", "Employee Welfare", "Social Insurance Funds", "Housing Provident Fund", "Trade Union Funds", "Employee Education Funds", etc. should be set up for accounting.

Accounting treatment of subsidies issued by the government (1) Government subsidies related to income shall be included in the current profits and losses in the period when the relevant expenses or losses to be compensated are incurred, that is: ① If they are used to compensate the enterprise for expenses or losses in subsequent periods, they shall be included in the profits and losses of the current period when they are obtained.

It is first recognized as deferred income, and then included in the non-operating income of the current period during the period when the relevant expenses are recognized; ② When it is used to compensate for the expenses or losses incurred by the enterprise, it is directly included in the non-operating income of the current period.

(2) Government subsidies obtained by an enterprise in daily activities according to fixed quota standards should be measured according to the amount receivable, debiting the "other receivables" account and crediting "non-operating income" (or "deferred income")

suject.

(3) Government subsidies that are uncertain or obtained in non-daily activities should be measured according to the actual amount received, debiting "bank deposits" and other accounts, and crediting "non-operating income" (or "deferred income")

suject.

If it involves periodic apportionment of deferred income, the "deferred income" account will be debited and the "non-operating income" account will be credited.