1. When the training fee is accrued:
Borrow: management fee
Loans: Payables-Employee Education Fund
2. When paying the training fee:
Borrow: Payables to Employees-Employee Education Fund
Credit: cash on hand/bank deposit.
Can the invoices obtained from training fees be reimbursed?
A: Any reimbursement within the scope stipulated by the state can be reimbursed. Generally, as long as the boss agrees, the invoices obtained from training fees can be reimbursed. According to the education funds for accounting, included in the "management expenses-employee education funds" subjects.
Accounting entries for reimbursement of training fees
At the time of reimbursement:
Borrow: Payables to Employees-Employee Education Fund
Loan: Cash on hand (bank deposit)
Cumulative time:
Borrow: management expenses-employee education funds
Loans: Payables-Employee Education Fund
Income tax treatment of training fees
1. According to the relevant regulations, unless otherwise stipulated by the competent departments of finance and taxation of the State Council, the part of training fees incurred by enterprises that does not exceed 2.5% of the total wages and salaries can be deducted before tax. For the excess, it can also be carried forward to the next tax year for deduction.
2. If it is a high-tech enterprise or a recognized technologically advanced service enterprise, the actual employee education expenditure, such as training fees, is allowed to be deducted before tax for the part that does not exceed 8% of the total wages and salaries, and the excess part is allowed to be deducted in future tax years.
Accounting treatment of training fees collected for education and training
1, after receiving the training invoice, it belongs to expenses:
Borrow: management fee
Credit: cash
2, take the training fee, it is income:
Debit: accounts receivable
Loan: income from main business
3. If some money is collected first, but the balance can't be collected all the time, it can be treated as bad debt, as follows:
Debit: bad debt provision-bad debts of accounts receivable
Credit: accounts receivable