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How do training institutions collect tuition accounting entries?
How do training institutions collect tuition accounting entries?

1. If your enterprise is a school that collects training fees, that is income.

Debit: accounts receivable

Loan: income from main business

2. If your enterprise receives the training invoice only after going to school for training, it is an expense.

Borrow: management fee

Credit: Cash on hand

1. If I handle the accounts of this kind of company, will the company include the management fee when purchasing the items needed for these trainings? (Debit: management fee, loan: cash on hand or bank deposit) (1) Items purchased for training should be accounted as the main business cost. (2) Debit of accounting entries: cash on hand, etc.

2. Is the cost of the training venue paid by the company included in the management fee? Is the entry the same as before? Paying the training venue fee also belongs to the scope of the main business cost accounting and is included in the "main business cost".

3. When the company pays the trainer's fee (salary), is it recorded in this way? (Debit: labor costs, loan: payable to employees? , when issuing: debit: payable employee salary, loan: bank deposit) or make this entry: debit: main business cost, loan: bank deposit); (1) Borrowing during payroll: Payable to employees. Loan: Cash on hand. (2) Borrowing during payroll at the end of the month: Main business cost (trainer's salary) Borrowing: Management expenses-salary (unit employee's salary) Loan: Payable to employees.

4. Is this the way to get started when charging students tuition fees? (Debit: bank deposit, loan: main business income, loan: tax payable-value-added tax payable).

These trainers generally have their own jobs, or they may do training part-time, and they are not employees in the company's establishment.

(1) Borrow when receiving the tuition fees of students: bank deposit loan: main business income (2) Tax withdrawal at the end of the month: main business tax and additional loan: tax payable-value-added tax loan: tax payable-urban construction tax loan: tax payable-education surcharge (3) Trainers can be paid as employees together with the company's employee payroll.

If it is a part-time job, you should let an individual invoice the tax agent. Or, when the unit pays the training fee, it shall withhold and remit the personal income tax according to the income from labor remuneration.

What are the main business costs of education and training institutions?

The main business costs of training schools are teachers' salaries, teaching tools, utilities, etc.

The basic salary and class fees paid to teachers every month are included in the "salary payable to employees", that is, the "main business cost".

Accrual:

Borrow: main business cost-payable employee salary

Loan: wages payable to employees.

Question:

Debit: payable to employees.

Loans: bank deposits

How do training institutions collect tuition accounting entries? According to our introduction in the above article, you can know what are the main points of accounting treatment in the training industry when enterprises carry out accounting treatment, and the accounting treatment of income confirmed by training institutions after receiving funds. You can refer to our introduction in the above article for treatment.