Trade union funds paid by enterprises should be accounted for through the accounts payable to employees. How to compile specific accounting entries?

entries for drawing and paying trade union funds

Trade union funds are the expenses needed by trade union organizations to carry out various activities, and they are a fund that enterprises can draw and pay according to the total wages according to the enterprise accounting system. Trade union funds are generally drawn at 2% of the total wages, 4% is turned over to the superior trade union, and 6% is credited to the company account, which is used by the company for employee welfare.

when an enterprise draws and pays the trade union funds, The following accounting entries can be made:

1. When withdrawing the funds of the company and its superiors every month:

Borrow: management expenses-trade union funds

Loan: employees' salaries payable-employees' salaries payable by the unit trade union-superior trade union

2. When paying the trade union funds:

Borrow: employees' salaries payable-unit trade union < When the funds are returned:

Debit: bank deposit

Loan: Payable to employees-union funds

If the trade union of this unit is not accounted for separately, the entries are as follows:

Debit: Payable to employees-union funds

Loan: Other payables-union funds

When corresponding expenses occur: < p Such as organizing members' activity days, outing activities, get-togethers, visiting exhibitions, movies, dances, gardens and other collective activities. It is necessary to establish a bank account independently and carry out separate accounting. According to the approved budget, the expenditure of trade union funds shall be examined and approved by the chairman in charge of finance of the trade union with a pen.

Staff activity expenses: expenses for staff education, recreation, sports, publicity activities and other activities.

trade union operating expenses: expenses used to perform trade union functions, strengthen self-construction and carry out business work. Such as: the expenses for trade union cadres and activists to study politics and business; Teaching materials, reference materials and lecture fees needed for training trade union cadres and activists; To select and commend outstanding trade union cadres and trade union activists; The expenses of the general meeting of trade union members (representatives); Costs of home building activities; Costs of legal consulting services, labor dispute coordination and other work activities carried out by trade unions to safeguard the legitimate rights and interests of employees; The cost of condolences to employees in difficulty; Expenses for office, travel and maintenance of grass-roots trade unions.

Business expenditure: used for the expenses of the affiliated institutions of culture, sports, education, life services and other non-independent accounting which are affiliated to the trade union and the subsidy expenditure for the affiliated institutions with independent accounting.

other expenses: used for activities organized by trade unions other than the above expenses.

turned-over funds and expenditures: the funds turned over to the higher-level trade union according to the prescribed proportion.

Trade union administrative expenses: the expenses for administrative management and logistical support of trade union expenditures at or above the county level.