In the daily operation of the enterprise, employees will be provided with travel expenses and opportunities, and as a means of employee welfare and team building, the financial and tax treatment and accounting treatment of travel expenses are particularly important. Proper handling of travel expenses not only ensures compliance with tax laws and avoids unnecessary tax risks, but also provides a reasonable reflection of the company's financial position and operating results. How to deal with finance and taxation when enterprises bear tourism expenses? And how to do the account, please see below for details.
The financial and tax treatment of the tourism expenses paid and borne by the enterprise
Business details
1. Receive advance payment from individual customers
On April 3, a family of 3 people from Fang Yuan, a tourist, signed up for the "Shijiazhuang 3-day tour", with a tour fee of 320 yuan per person, received a deposit of 300 yuan, and the balance was paid 5 days before the group.
Borrow: cash on hand
Credit: Contract Liabilities
2. Pay the office rent from April to June
On April 4, the office rent for the second quarter was paid 32,700 yuan by bank deposit, and a special VAT invoice was obtained, and the cashier paid it by bank transfer.
Borrow: Administrative expenses
Prepaid Accounts
Taxes and fees due
Credit: Bank deposits
3. Return the advance payment of individual customers
On April 5th, after receiving a notice from the tourist Fang Yuan, he canceled the tour of "Shijiazhuang 3-day tour", and because he had not incurred the necessary expenses and was an important customer of the company, the company decided to return all 300 yuan to the tourists and take back the receipts issued before. (Related business 1)
Borrow: Contract liabilities
Credit: cash on hand
4. Prepay the rental fee of the tourist bus
On April 7, the company Alipay prepaid the tour bus rental fee of 1,300 yuan for the "Shijiazhuang 3-day tour" tour group.
Debit: Advance payments
Credit: Funds in other currencies