In life, enterprises often issue their own products to employees as benefits, so the corresponding accounting treatment is clear? Today I would like to share with you.
According to the national tax letter [2008:828If Enterprise No. 1 uses its assets for employee rewards or welfare, sales income shall be determined according to the foreign sales price of similar assets of enterprise in the same period, and VAT output tax shall be calculated and paid.
For example, Company A is a mobile phone manufacturer with employees 200 First name,2021years 2 In a month, the company takes its cost of production as2000Yuan's mobile phone was issued to every employee of the company as a Spring Festival benefit. The price of this model of mobile phone is per unit3000In Yuan (excluding tax), the VAT rate applicable to Company A is 13%VAT special invoice has been issued; assume 200 employee 170 Workers directly involved in production,30 It's called head Office Management. How to make corresponding accounting treatment?
Answer: The total price of the phone=3000×170+3000×30=510000+90000=600000(Yuan)
VAT output tax on mobile phones=170×3000×13%+30×3000×13%=66300+11700=78000(Yuan)
(1When Company A decides to grant non-monetary benefits, it shall be included into related costs and expenses according to different positions.
Borrow: cost of production 576300
Administrative expenses 101700
Credit: employee compensation payable - non-monetary benefits 678000
(2When mobile phones are actually distributed, the income shall be recognized and VAT output tax shall be calculated according to the foreign sales price of similar assets of the enterprise during the same period
Borrow: Employee compensation payable - non - monetary benefits 678000
Loan: income from main business600000
Taxes payable -- VAT payable (output tax)78000
(3Cost carried forward at cost price,The cost and expense shall be recognized according to the cost amount carried forward from foreign sales of similar assets of the enterprise during the same period.
Borrow: main business cost 400000
Credit: goods in stock 400000
(1According to the national tax letter [2008:828No., enterprises to their own production of products as welfare issued to workers should be regarded as sales, do remember to calculate the value added tax output.
(2Enterprises to produce their own products as welfare to employees, remember to confirm the sales revenue and carry forward the corresponding cost.
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