Accounting treatment for work clothes:

1. If it is a reasonable expenditure on work clothes that are uniformly made and uniformly dressed according to the nature and characteristics of the work, such as uniform clothing in the service industry, this kind of work clothes is based on the national tax [ 2011] No. 34 can be directly used as the company’s reasonable costs and expenses.

The accounting entries are recorded directly in this way:?

Debit: management expenses - tooling expenses

Credit: bank deposits

2. If it is not the first situation and it is a clothing production with welfare nature, the first and simplest judgment is whether you dress uniformly at work. If this is the case, it should be included in the welfare fee and be transferred through the employee salary payable. Although the welfare Fees are ultimately part of the cost, but they must account for your welfare fees. Moreover, since it is a welfare fee, this part of the in-kind benefits must be incorporated into wages and salaries for calculation of personal income tax.

Accounting entries:

Debit: employee compensation payable

Credit: bank deposit

3. If it is labor insurance expense, such as This workwear is safety clothing, helmets, etc. to ensure the safety of employees at work, so these are classified as labor protection supplies. However, it must be noted that "reasonable" labor protection expenditures can be deducted before tax. The so-called "reasonable" has certain prerequisites, namely:

First, it must be truly necessary for work. If it is not necessary for work, , the expenditure shall not be deducted.

The second is to equip or provide it to employees, rather than to other people with whom they have no labor relationship. Labor premiums paid to other people with no labor relationship cannot be deducted before tax.

The third is limited to work clothes, gloves, safety protection supplies, heatstroke prevention and cooling products, etc.

Accounting entries:

Debit: administrative expenses - labor protection supplies?

Credit: bank deposits

Extended information:

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Enterprises should calculate the occurrence and carryover of administrative expenses through the "administrative expenses" account. The debit side of this account registers various administrative expenses incurred by the enterprise.

The creditor shall register the administrative expenses transferred to the "profit for the year" account at the end of the period. There should be no balance in this account after the transfer. This account is calculated in detail according to the expense items of administrative expenses.

The start-up expenses incurred by the enterprise during the preparation period, including personnel wages, office expenses, training expenses, travel expenses, printing expenses, registration fees, etc., are debited to the "administrative expenses" account and credited to "bank deposits" suject.

The employee salaries of the company’s administrative department personnel are debited to the “management expenses” account and credited to the “employee salary payable” account; the mineral resource compensation payable calculated and determined by the enterprise in accordance with regulations is debited to the “management expenses” account. "Expenses" account is credited to "Taxes Payable" and other accounts.

Office expenses, water and electricity expenses, travel expenses, etc. incurred by the enterprise's administrative management department, as well as other expenses such as business entertainment expenses, consulting fees, research expenses, etc. incurred by the enterprise, are debited to the "Administrative Expenses" account and credited to "Bank Accounts such as "Deposits" and "R&D Expenditures".

At the end of the period, the balance of the "Administrative Expenses" account should be transferred to the "Profit for the Year" account, the "Profit for the Year" account should be debited, and the "Administrative Expenses" account should be credited.

Administrative expenses are calculated as period expenses in accounting. The administrative expenses incurred by the enterprise are accounted for in the "administrative expenses" account, and detailed accounts are set up according to the expense items in the "administrative expenses" account. Detailed accounting. There is no balance after the balance of the "Administrative Expenses" account at the end of the period is carried forward to the "Profit for the Year" account.

Baidu Encyclopedia-Management Fees