How to make entries when paying labor fees?

How to make entries when paying labor fees?

1 First of all, it is necessary to understand that paying labor costs is not the same as paying wages. Usually, the labor cost is paid under the subjects of "production cost", "management cost" and "sales cost".

2. Payment methods include cash payment, bank transfer, wire transfer, check, etc. Using cash means lending cash, and using bank transfer means lending bank deposits.

If your company is a labor service company, this expense will definitely be included in your main business cost. If it is the service fee that ordinary enterprises don't often pay, it will be included in other business expenses, the logistics department will be included in management expenses, and it will be included in different subjects according to different purposes.

4. For example, it is included in the management expenses.

Borrow: management fee-labor fee

Credit: cash on hand/bank deposit.

5. If labor costs are included.

Debit: labor cost

Loan: labor income/bank deposit/cash on hand.

6. Of course, the specific entries should be included in different accounting entries according to the actual situation and the purpose of use.

Three risks of labor remuneration

1, directly enter the risk of processing.

Only the "labor fee schedule" is charged, and there is no withholding tax. In this case, it cannot be deducted before enterprise income tax.

2. Withholding tax risk

Failure to obtain the service fee invoice may lead to problems in the final settlement of enterprise income tax, and the tax bureau will think that there is no legal tax evidence.

However, from the principle of income tax deduction, it can prove that the actual payment and expenditure are true and meet the income tax deduction standard when the relevant factors are complete. Therefore, we should always keep in touch with the local taxation bureau to understand the current policies.

3. Labor cost accounts for the risk of ticket.

In the process of issuing invoices, a tax will be withheld and remitted. It is obviously not enough for the tax authorities to withhold and pay taxes at the rate of 1.5% (different regions and different regions). Therefore, at this time, enterprises need to pay a tax according to the calculation method of labor tax (20%), and then deduct the tax withheld by the above tax authorities, which is the amount of tax that taxpayers need to pay.

The following is the answer to how to charge for the service. The specific entries should be based on the actual situation of the company. This paper also introduces the possible entries one by one, and it is necessary to refer to the relevant entries when completing the entries. In addition, if you provide service fees to individuals, you can also ask for invoices from individuals. Don't use invoices just because you are a person.