How to record cultural activity fees?

First of all, we must clarify the relationship between ABC and ABC. If there is no relationship:

1. Company B’s accounting is handled as follows:

Debit: Bank Deposit? 5000

Credit: Accounts receivable - Company A 50,000 (depending on the specific situation)

Debit: Accounts payable 48,000 (depending on the business transactions)

Debit: bank deposit? 48,000

2. If the two are subsidiary-parent companies, the second accounting entry can be changed:

Debit: administrative expenses 48,000< /p>

Loan: Bank deposit? 48,000

Some units and subsidiaries bear their own expenses. The parent company only lends money to the subsidiaries, which requires internal transactions.

First of all, we must clarify the relationship between ABC and ABC. If there is no relationship:

1. Company B’s accounting is handled as follows:

Debit: Bank Deposit? 5000

Credit: Accounts receivable - Company A 50,000 (depending on the specific situation)

Debit: Accounts payable 48,000 (depending on the business transactions)

Debit: bank deposit? 48,000

2. If the two are subsidiary-parent companies, the second accounting entry can be changed:

Debit: administrative expenses 48,000< /p>

Loan: Bank deposit? 48,000

Some units and subsidiaries bear their own expenses. The parent company only lends money to the subsidiaries, which requires internal transactions.

Extended information:

Expense categories

Salaries and surcharges, trade union funds, employee education funds, teacher fees, outsourced training fees, housing provident fund, pension Insurance premiums, unemployment insurance premiums, depreciation expenses, office expenses, medical insurance premiums, etc.

Calculation rules

Salaries and surcharges: Wages and welfare expenses incurred by various departments of the company. Welfare expenses are reported truthfully, and deductions are allowed if they do not exceed 14% of employee remuneration payable. The excess will be deducted. Tax adjustment..

Union funds: The company accrues union activity funds at 2% of wages payable

Employee education funds? It accrues 2.5% of wages payable and is used for employee education Expenses. The scope of expenses mainly includes training material fees, teacher fees, external training fees, travel expenses and transportation expenses for training teachers and external training personnel, consumables and spare parts used for training, etc.

Housing Provident Fund The housing provident fund paid by the company for its employees is based on the job skill salary. The provision ratio is 10% for the company and 10% for the individual (the personal part is deducted from the personal salary).

The pension insurance premium paid by the company for its employees is 20% for the company and 8% for the individual (the personal part is deducted from the personal salary).

The unemployment insurance premium company is Unemployment insurance premiums paid by employees Medical insurance premiums Medical insurance premiums paid by the company for employees, of which the personal part is deducted from personal wages.

Depreciation expenses The company is not engaged in production and sales of various fixed assets (including houses) in the month , walls, roads, equipment), office facilities, depreciation expenses for transportation.

Reference: Baidu Encyclopedia - Management Expenses

Reference: Baidu Encyclopedia - Accounts Receivable payment