Debit: Payable staff salaries-Employee education funds loan: Bank deposit/cash on hand.
Staff education funds refer to a certain proportion of the total wages of enterprises used for staff education, paid by enterprises, for staff to learn advanced technology and improve their cultural level.
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. According to the "Regulations on the Implementation of the Enterprise Income Tax Law of People's Republic of China (PRC)", the part of the employee education expenses incurred by the enterprise that does not exceed 2.5% of the total wages and salaries is allowed to be deducted; 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".
Staff education funds include:
(1) Official expenditure. Including office expenses, travel expenses, teaching equipment maintenance fees, etc.
(2) Business expenses. Including teachers' teaching experiments and the purchase of handouts and materials.
(3) Part-time remuneration. Refers to the part-time remuneration for hiring part-time teachers.
(4) Internship research fee. The expenses incurred by students in their own production practice and approved internship research in other units, as well as graduation design, if any, should be offset by the income from production practice products.
(5) Equipment purchase fee. Mainly refers to the purchase of general appliances, instruments, books and other expenses.
(6) Entrust training funds from other units. Refers to the training fees that should be paid according to the provisions of the state for the employees selected by the unit for training in institutions of higher learning, secondary specialized schools or higher authorities and brother units.
(7) Other expenses. Refers to other sporadic expenditures.