Should be included in the "Employee Compensation Payable - Welfare Fees",

Depending on the department or identity of the employee receiving the red envelope:

1. Production department personnel For employee compensation, the "production cost", "manufacturing overhead" and "labor cost" accounts are debited and this account is credited.

2. For employee salaries of management department personnel, the "administrative expenses" account is debited and this account is credited.

3. For the employee compensation of sales staff, the "Sales Expenses" account is debited and this account is credited.

4. Employee salaries that should be borne by construction in progress and R&D expenditures are debited to the "construction in progress" and "R&D expenditures" accounts and credited to this account.

Take the management department as an example. The accounting entries are as follows:

When accruing:

Debit: Management expenses - welfare expenses

Credit: employee salary payable - welfare fee

When issued:

Debit: employee salary payable - welfare fee,

Credit: cash/bank deposit

Employee remuneration payable refers to the various remuneration payable to employees by the enterprise in accordance with relevant regulations, in accordance with "salaries, bonuses, allowances, subsidies", "employee benefits", "social insurance premiums", "housing provident fund", "trade union funds" ”, “employee education funds”, “compensation for termination of employee labor relations”, “non-monetary benefits”, “other expenses related to obtaining services provided by employees” and other employee remuneration items payable shall be calculated in detail.

Data source Baidu Encyclopedia: Employee compensation payable