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What is the accounting treatment of training fees?
In order to let employees provide better services for enterprises, enterprises generally conduct unified training for employees. So how to deal with the accounting of training fees?

Accounting entry of employee training fee

Borrow: management fee

Loans: bank deposits

Belonging to the employee education funds:

Borrow: Payable to employees-Payable to employees' education funds.

Loans: bank deposits

Accounting scope of management expenses

Management expenses belong to the expense category, which mainly accounts for other expenses incurred by small enterprises for organizing and managing production and operation. Including: start-up expenses incurred by small enterprises during the preparation period, expenses incurred by administrative departments (including: depreciation expenses of fixed assets, repair expenses, office expenses, utilities, travel expenses, salaries of employees of management personnel, etc.). ), business entertainment expenses, research fees, technology transfer fees, amortization of long-term deferred expenses, property insurance fees, agency fees, consulting fees (including consulting fees), attorney fees, etc.

Debit indicates the amount increased in the current period, and credit indicates the amount carried forward from the current period expenses to the current year's profit. At the end of the period, the balance of "management expenses" should be transferred to "profit of this year", debited to "profit of this year" and credited to "management expenses".

Introduce employee education fund

The employee education fund is to extract the expenses for employee education according to a certain proportion of the total wages. Employees in units not only have the right to receive labor remuneration and collective welfare, but also have the right to receive on-the-job training and follow-up education, all of which require certain education funds. The part of employee education expenses incurred by an enterprise 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. The extracted employee education funds are also the current liabilities of the unit. The extraction and use of employee education funds should be accounted for in the subject of "employee compensation payable".