In order to retain talents and solve recruitment difficulties, many enterprises will provide accommodation for their employees and rent houses for free to ensure their peace of mind to work in the enterprise. So in view of this situation, how should enterprises carry out accounting treatment?
If an enterprise provides rental housing and other assets to employees for free use, it should be treated as employee compensation. Accounting treatment should be carried out according to the beneficiaries, such as:
Borrow: overhead (administrative personnel)
Selling expense (Sales staff)
Production cost (production workers)
Credit: employee compensation payable - non-monetary benefits
Borrow: Employee compensation payable - non - monetary benefits
Credit: other payables
For example:2021 yearsACompanies have production workers have10Name, administrative personnel5Name, sales staff5Each employee will be provided with a rented apartment at a monthly rent of2000Yuan, the company should do monthly accounting treatment as follows:
Total monthly rent for production workers:10*2000=20000yuan
Total monthly rent for administrative personnel:5*2000=10000yuan
Total monthly rent for sales staff:5*2000=10000yuan
(1) When confirming employee compensation:
Borrow: cost of production 20000
Administrative expenses 10000
Selling expense 10000
Credit: employee compensation payable - non-monetary benefits 40000
(2) When paying the monthly rent:
Borrow: Employee compensation payable - non - monetary benefits 40000
Credit: other payables 40000
Note: Two entries need to be made for this matter, and the two entries should not be combined.
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