How do cashiers keep accounts when employees buy things with the company's money?

1. If you borrow money from the company:

Debit: Other Receivables-Company Employee Name

Loans: bank deposits

2. After receiving the invoice, prove its purpose, which can be purchased materials or other allowable expenses, and can offset other receivables.

Borrowing: management expenses/operating expenses/fixed assets/raw materials, etc.

Credit: other receivables

Or employee repayment:

Debit: bank deposit/cash

However, if the loan lasts for more than one year, it will be considered as personal profits distributed to employees according to the tax law, and this money will be subject to personal tax.

Extended data

Matters needing attention in accounting entries

1. Analyze and list the accounting subjects involved in economic business.

2. Analyze the nature of accounting subjects, such as assets and liabilities.

3. Analyze the amount changes of each accounting subject.

4. According to the economic content (increase or decrease) reflected by the borrowers and borrowers of various accounts in the second and third steps, judge the direction of accounting subjects.

5. Prepare accounting entries according to the bookkeeping rules that there must be a loan and a loan must be even.

This method is very effective for students to accurately understand the accounting subjects involved in accounting business, and is more suitable for the compilation of individual accounting entries.

Baidu Encyclopedia-Accounting Entry