In the daily business activities of enterprises, the expenses incurred by employees to learn advanced technology and improve their cultural level are called employee education funds. Then, how to write accounting entries for the employee education funds paid by enterprises?

Accounting entries for employee education funds payable

Accounting treatment when withdrawing employee education fund;

Debit: management expenses, sales expenses and other subjects.

Loans: Payables-Employee Education Fund

Accounting treatment when paying staff education funds;

Borrow: Payables to Employees-Employee Education Fund

Loan: bank deposits and other subjects.

Debit accounts are credited to related accounts according to the beneficiaries of employees' services, such as management expenses of management departments, sales expenses of sales personnel, production costs, manufacturing costs and labor costs of employees in production departments, etc.

Enterprise employees not only have the right to enjoy collective welfare and receive labor remuneration, but also have the right to continue education and receive on-the-job training. Therefore, the establishment of a certain amount of education funds for employee training means that the enterprise extracts a certain proportion from the total wages for employee education, which is the cost borne by the enterprise for employees to improve their cultural level and learn advanced technology.

The part of employees' education expenditure incurred by enterprises that does not exceed 8% of the total wages and salaries is allowed to be deducted when calculating the taxable income of enterprise income tax; The excess shall be allowed to be carried forward and deducted in future tax years.