Borrow: Payables to Employees-Employee Education Fund

Loans: bank deposits

Accounting for the salary payable to employees:

An enterprise shall calculate the extraction, settlement and use of the payable employee salaries through the subject of "payable employee salaries". The credit of this course registers the amount of employee compensation that has been allocated and included in the relevant cost items, and the debit registers the actual amount of employee compensation, including the deducted amount; The credit balance at the end of this course reflects the unpaid salary payable by the enterprise.

"Payable to employees" should be based on wages, employee welfare, social insurance, housing provident fund, trade union funds, employee education funds and non-monetary welfare funds and other items to set up detailed accounts.

Process extended data to confirm the salary payable to employees;

An enterprise shall, during the accounting period when employees provide services for it, recognize employee salaries (including monetary salaries and non-monetary benefits) that should be included in the relevant asset costs or current profits and losses, and at the same time recognize them as employee salaries payable. Salaries of production department personnel are included in production costs, manufacturing costs, labor costs and other subjects, salaries of management department personnel are included in management expenses, and salaries of sales personnel are included in sales expenses.

When calculating the salary payable to employees, if the state stipulates the basis and proportion of accrual, it shall be accrued according to the standards stipulated by the state. If the state does not stipulate the basis and proportion of accrual, the enterprise shall reasonably estimate the salary payable to employees in the current period according to historical experience data and actual situation.

If an enterprise distributes its own products to its employees as non-monetary benefits, it shall, according to the fair value of the beneficiaries and products, include them in the relevant asset costs or current profits and losses, and at the same time confirm the employees' salaries payable, debit the subjects such as management expenses, production costs and manufacturing expenses, and credit the subjects such as employees' salaries payable-non-monetary benefits.

Baidu Encyclopedia-Payable Employee Compensation