Trade union funds are the expenses needed for trade union organizations to carry out various activities. The accounting entries of trade union membership fee income can be processed as follows:

1, when drawing trade union funds:

Borrow: management expenses-union funds

Loan: Staff-union funds payable.

2. When paying trade union funds:

Debit: Payables-Trade Union Funds

Loans: bank deposits

The income range of grassroots trade union funds mainly includes the following points:

1, membership fee income. Membership fee income refers to the membership fee paid by trade union members to their grass-roots trade unions in accordance with the provisions of the All-China Federation of Trade Unions.

2. Appropriation income. Appropriation income refers to the retained part of the funds allocated to the trade union by the unit that established the trade union organization according to law according to 2% of the total wages of all employees.

3. Investment income. Investment income refers to the income obtained by grass-roots trade unions from foreign investment in accordance with relevant regulations.

4. Administrative subsidy income. Administrative subsidy income refers to all kinds of financial subsidies given to trade unions by the units where grass-roots trade unions work according to law.

5. Operating income. Business income refers to the income paid by the affiliated institutions with independent accounting of grass-roots trade unions and the business income of the affiliated institutions with non-independent accounting.

6. subsidy income, the superior trade union. Subsidy income, a superior trade union, refers to all kinds of subsidies received by grass-roots trade unions and allocated by superior trade unions.

7. Other income. Other income refers to asset inventory surplus, net income from fixed assets disposal, donation income and interest income obtained by grass-roots trade unions.

How to report the expenses of trade union activities?

If the subject "Welfare Payable-Trade Union Fee" has been set before, the accounting entries are as follows:

Borrow: welfare payable-union fee

Loan: bank deposit or cash.

If it is directly included in "other payables-trade union fees", the accounting entry is:

Borrow: other payables-union fees

Loans: bank deposits

Accounting entries of activity expenditure of units with trade union funds.

1, where the unit engaged in activities with trade union funds has accrued trade union funds in the early stage, the accounting entries at the time of expenditure are:

Debit: Payables-Trade Union Funds

Loans: bank deposits

2 accounting entries excluding direct payment of trade union funds are as follows:

Borrow: management expenses-union funds

Loans; bank deposit