Management expenses include specific items: company funds, trade union funds, unemployment insurance premiums, labor insurance premiums, directors' dues, agency fees, consulting fees, attorney fees, business entertainment expenses, office expenses, travel expenses, post and telecommunications expenses, greening expenses, manager's salary and welfare expenses, etc. Refers to the expenses incurred by the board of directors and the administrative department in the operation and management of the enterprise.
Enterprises should account for the occurrence and carry-over of management expenses through the subject of "management expenses". This course debits the management expenses incurred by the registered enterprise, and the management expenses at the end of the credit registration are transferred to the "profit of this year" course. After the transfer, this account should have no balance. This course carries out detailed accounting according to the expenditure items of management expenses.
Management expenses are accounted as period expenses in accounting. The management expenses incurred by the enterprise are accounted for in the management expense account, and the management expense account is set up with a subsidiary ledger according to the expense items. There is no balance after the balance of the final management expense account is carried forward to the profit account of this year.
Management expenses belong to the period expenses and are included in the current profit and loss when incurred. Management expenses usually refer to various expenses incurred by the administrative department of an enterprise for organizing and managing production and business activities. Management expenses are all kinds of expenses incurred by enterprise administrative departments for organizing and managing production and business activities.
There are four common ways to deal with management expenses:
1, directly pay expenses, such as hospitality, audit fees, attorney fees, etc.
2. Transfer amortization expenses, such as depreciation expenses, amortization expenses of low-value consumables, amortization expenses of intangible assets, bad debt provision, etc.
3. Prepaid expenses, such as maintenance fees for fixed assets.
4. Accrue payable expenses, for example, the enterprise chooses the pre-calculation method to calculate the cost of major repair of fixed assets and the employee education funds accrued by the enterprise.