How to deal with the accounting of union membership fee income? How to make accounting entries? Very practical!

An enterprise shall set up a trade union committee, and make corresponding accounting treatment for the income from trade union dues. How to deal with the accounting of union membership fee income? How to make accounting entries? This is a practical knowledge that must be mastered as finance. Next, let's take a look with the small series of Deep Space Network!

How to deal with the accounting of union membership fee income? How to make accounting entries?

According to the relevant provisions of the trade union system, the accounting treatment of trade union membership fee income is as follows:

1. After receiving the membership fee, you can collect it according to the regulations. When trade unions at all levels obtain funds, the debit items are cash on hand and bank deposits. The credit account is membership fee income.

2. At the end of the accounting period, according to the relevant regulations, the membership fee income should be carried forward, with the debit account as the membership fee income and the credit account as the balance.

Case description:

A trade union was transferred by the administration, and the membership fee of 20,000 yuan this month has been withheld, and the money has been deposited in the trade union account. According to the corresponding vouchers such as bank receipts, accounting entries are compiled as follows:

Debit: 20,000 yuan in the bank.

Loan: membership fee income is 20,000 yuan.

At the end of the accounting period, if the membership fee income can be obtained according to the relevant provisions of the system, the current membership fee income should be carried forward in the balance account, and there is no balance in the membership fee income account. The carry-over entries of the final membership fee income are as follows:

Debit: membership fee income is 20,000 yuan.

Credit: balance 20000

The trade union committee established by an enterprise is actually an organization that is formally independent of the company. Then the accounting treatment involved in the trade union is as follows:

1. How to conduct accounting treatment when enterprises pay union funds according to regulations?

Borrow: management expenses-union funds

Loans: bank deposits

How to pay the union funds?

2. How to make accounts when receiving and returning (the proportion of enterprises returned by the superior Federation of Trade Unions is generally 60%)?

The refunded money needs to be deposited in the union account.

Debit: bank deposit

Credit: appropriation income