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How to do the accounting entries of post stability allowance?
Accounting entries for accepting job stability subsidies:

1. Period after compensation

(1) After receiving the relevant consideration:

Debit: bank deposit

Credit: deferred income

(2) Confirmation period of expenses or losses:

Total amount method:

Borrow: deferred revenue.

Loans: other income/non-operating income

Net method:

Borrow: deferred revenue.

Loans: management expenses/non-operating expenses, etc.

2. Compensation for the previous period

Total amount method

Debit: bank deposit

Loans: other income/non-operating income

Network method

Debit: bank deposit

Loans: management expenses/non-operating expenses, etc.

The meaning of subsidy after stabilization

In order to ensure the overall social stability and protect the rights and interests of employees in enterprises, the national government encourages enterprises in difficulty affected by the international financial crisis not to lay off employees as much as possible, stabilize their employment, implement the subsidy policy for enterprises in difficulty, and give subsidies to enterprises affected by the international financial crisis.

Generally speaking, the unemployment insurance fund gives stable job subsidies to enterprises that take various measures to stabilize their jobs and do not lay off employees or reduce them. Enterprise job stability subsidies according to local policies. Under normal circumstances, enterprises that have participated in unemployment insurance according to law and paid unemployment insurance premiums in full will be given job stability subsidies according to 50% of the total amount of unemployment insurance premiums actually paid by enterprises and their employees in the previous year, if the layoff rate is lower than the overall registered unemployment rate in cities and towns.

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