Parent company entry:
Debit: Other receivables.
Loans: bank deposits
Subsidiary entry:
Debit: bank deposit
Loans: Other payables (short-term loans)
2. If the wages of employees of subsidiaries are paid by the parent company, the subsidiaries should not make a new payroll, but can only be accounted for through current accounts, but personal income tax should be withheld according to the facts. For example:
Parent company entry:
Debit: other receivables-wages?
Loan: bank deposit?
Subsidiary entry:
Borrow: Payable wages.
Loan: other payables-advance salary of parent company?
Other payables-withholding personal income tax
Extended data:
The "Other Receivables" account is used to account for various receivables and temporary payments except bills receivable, accounts receivable and prepayments. Under the subject of "other receivables", it should be classified according to the items of other receivables, and a subsidiary ledger should be set up according to different debtors.
All kinds of funds allocated by enterprises for investment and purchase of materials shall not be accounted for in the subject of "other receivables". When the enterprise has other receivables, it shall debit the "Other Receivables" account and credit the related accounts.
To recover all kinds of money, debit the relevant subjects and credit the "other receivables" subjects. Enterprises that implement the imprest system shall regularly reimburse the financial and accounting departments for the imprest they have received.
When the financial accounting department supplements the reserve fund with cash according to the reimbursement amount, it debits the subjects such as "management expenses" and credits the subjects of "cash" or "bank deposit", and the reimbursement amount and supplementary amount are no longer accounted for with the subjects of "other receivables".
The exchange of assets between other receivables of the enterprise and other units, or the exchange of other assets into other receivables of other units, etc. , should be accounted for according to the relevant accounting regulations "accounts receivable" subjects.
The enterprise shall regularly or at least at the end of each year, check other receivables, predict their possible bad debt losses, and make provision for bad debts. For other receivables that cannot be recovered, the enterprise shall find out the reasons and investigate the responsibilities.
If it is really irrecoverable, the withdrawn bad debt reserve shall be written off with the approval of the shareholders' meeting or the board of directors, the manager (director) meeting or similar institutions in accordance with the management authority of the enterprise.
Other receivables approved as bad debts shall be debited to the bad debt reserve account and credited to other receivables account. Bad debt losses confirmed and written off.
If it is recovered later, it shall be debited to the "other receivables" account and credited to the "bad debt reserve" account according to the actual amount recovered; At the same time, debit the account of "bank deposit" and credit the account of "other receivables".
Other receivables should be classified according to other receivables, and detailed accounts should be set up according to different debtors. The ending debit balance of other receivables accounts reflects other receivables that have not been recovered by the enterprise.
Baidu encyclopedia-other receivables