Accounting entries for reimbursement of training expenses
1. When reimbursing:
Borrow: Payable Staff Salary-Staff Education Fund
Loans: cash on hand/bank deposits, etc.
2. When drawing:
Borrow: management expenses-employee education funds
Loans: Payables-Employee Education Fund
What is the salary payable to employees?
Salary payable to employees refers to various forms of remuneration or compensation given by enterprises in order to obtain services provided by employees or terminate labor relations. Employee compensation includes short-term salary, post-employment benefits, dismissal benefits and other long-term employee benefits. Salary payable to employees belongs to liabilities, with debit indicating decrease and credit indicating increase.
Staff training fees have been included in management fees. How to deduct if you leave your job for less than one year?
According to the company's internal system, the corresponding training fee is deducted from the employee's monthly salary (based on the employee's violation of the company's internal training service agreement).
Debit: payable to employees.
Loan: management fee (employee training fee)
What is a bank deposit?
Bank deposit is the currency deposited in the bank, and it is an integral part of monetary funds. According to the provisions of China's cash management system, every enterprise must open a deposit account with the People's Bank of China or a specialized bank for deposit and withdrawal and transfer settlement. Except for a small amount of cash within the prescribed limit, the monetary funds of the enterprise must be deposited in the bank. Bank deposits of enterprises mainly include settlement account deposits, letter of credit deposits and foreign deposits. The cashier is responsible for the income and expenditure business of bank deposits, and each bank deposit income and expenditure business must prepare accounting vouchers according to the audited original vouchers.