I am a novice. I just joined a company and want to rebuild my account, but I have no cash and no bank deposit. My boss takes it away every time I use it. How can I set up an account?

Now that the boss has taken all the money, how can I open an account?

Pay with the boss's money. Under normal circumstances, you should first make a "other payables", that is, borrow money from your boss, and then make relevant expense vouchers. The entries are as follows:

Borrow: cash

Loan: Other Payables-Boss

Borrow: raw materials/inventory goods/management expenses, etc.

Credit: cash

The company has neither cash nor bank deposit, and there are only two possibilities:

First, when the company is registered, it is the investment advanced by the intermediary. After the capital verification and registration, the advance funds will be returned, and the company is just an empty shell. If this is the case, when establishing an account, first record a paid-in capital according to the registered capital in the business license and make an entry:

Debit: Other receivables.

Loan: paid-in capital

Then the money paid by the boss will offset other payables. For example, purchase of goods 1000, equipment 20000, expense reimbursement 500, entry:

Borrow: Goods in stock 1000

Fixed assets 20 thousand

Management fee 500

Loans: other receivables 2 1500

In this way, writing off the investment that should have been injected into the company with the cash paid by the boss is equivalent to the fact that the boss has now returned the registered capital of the company.

The second possibility is that the company has suffered serious losses and is insolvent. If that's the case, just keep an account according to the entry I mentioned at the beginning, that is, borrow money from the boss first and then pay.