Book by 70.

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through 70 is intended to summarize all the data on remuneration of employees.It takes into account various bonuses, allowances, records transactions for issuing pensions, as well as the payment of profits from the company's securities.In this publication, the reader will learn a lot of interesting information about the account "Payments to staff on pay," his correspondence, balance, and help to master the material examples.

is reflected by 70 loan

loan accounts 70 "Settlements with employees on wages" fixes the following operations:

  • payroll employees;
  • monies accrued due form a reserve for vacation pay (D96 / K70);
  • assessment of contributions through transfers to the fund of social protection of citizens and other similar amounts (D69 / K70);
  • gains arising from participation in the capital of the company (D84 / K70).

Debit account 70

70 through debit reflects the cash paid, which may include benefits, bonuses, salaries and income from investments in venture capital.This takes into account tax payments of executive and other documentation retention.Implemented by fixing monetary amounts accrued but not paid at a certain time because of absence of the recipient (D70 / K76.3).The analytical account under review the accounts maintained for each employee of the organization.

Correspondence debit

by 70 "Payments to staff on pay" debit interacting with the following accounts:

  • "Cash" (50);
  • "Settlement accounts" (51);
  • "Currency accounts" (52);
  • "special bank account" (55);
  • "Calculations of Taxes and Duties" (68);
  • "Calculations on social insurance and welfare" (69);
  • "Payroll" (71);
  • "Settlements with personnel for other transactions" (73);
  • "Settlements with various debtors and creditors" (76);
  • "Intra-organizational settlements" (79);
  • "Shortage and loss from damage of values" (94).

example of business transactions

To better understand what can be formed by using the 70, the wiring should be familiar with a few examples.

D70 / R50

salary payment (cash) personnel in accordance with the relevant documentation

D70 / K52

to the bank accounts of employees accrued salary (based on the extract)

D70 / K55

salary transfers to special bank accounts

D70 / K73

redemption value overalls employee purportedly

D70 / K10.9

Issuance of branded apparel personnel

D70 / K68 PIT

Operation withholding income tax at the personnel of the organization

D70 / K91.1

Donation overalls courier companies

D70 / K72.2

Reflection deductions from wages of citizens guilty

D70 / K70

lack of wage arrears and closing accounts

Correspondence loan

of accounts70 interacts loan the following scores:

  • "Investments into fixed assets" (08);
  • "Primary production" (20);
  • "Production costs" (25);
  • "economic costs" (26);
  • "service industries and the economy" (29);
  • "Selling expenses" (44);
  • "Calculations on social insurance and welfare" (69);
  • "Settlements with various debtors and creditors" (76);
  • "Intra-organizational settlements" (79);
  • "Marriage in the production" (28);
  • "Retained earnings (loss)" (84);
  • "Other income and expenses" (91);
  • "Provisions for liabilities" (96);
  • "Prepaid expenses" (97);
  • "Gains and losses" (99).

Examples of business transactions on the loan

The accounting practice used by 70 different cases.In the table is considered a part of them.

D23 / K70

Operation payroll staff performing the actual repairs

D08.3 / K70

write-offs on investments in fixed assets

D08.4 / K70

Accounting their own costs of the enterprise, which are associated with the purchase of fixed assets

D29 / K70

accrued funds to employees involved in the production and maintenance of different types of households

D97 / K70

recognition of costs for the restoration of fixed assets as the future costs

D44 / K70

transfer money to workers, ensuring the sale of products

D91 / K70

accrued funds for the salary of the people engaged in dismantling the

D08.1 / K70

implementation labor costs

account balance

In most cases, the account balance and credit 70is the company's debt to the staff.The structure, in general, by a passive and is reflected in the relevant section of the balance sheet.However, in practice there are situations when cash advance is greater than the added salary for the month.This may be the result of a confluence of particular circumstances or arithmetic errors (incorrect calculation and transfer of salary), then the employee will be required to return the money and the balance of funds is recorded in debit.

Calculating payroll personnel system 1C

calculate correctly paid in the program "1C: Salary and Personnel" can be subject to a specific sequence location of all the required data in the information database.The calculation results are entered into the settlement and payroll.Some organizations give a salary for the account cash warrant that prescribed for each worker.To avoid errors, users of 1C is recommended to count all the numbers in the calculation sheets, and give out money for the required documents.

for payslip in the program 1C is necessary to open the menu "Reports" and select the appropriate item.The document can make the whole company or a particular division, as well as a group of employees.The order reflected in the calculation sheet data:

  1. pose the serial number of the record in the column №1.
  2. In the columns №2-5 enter information about the employee.It can be seen in the section "References" (employee number, last name and initials, title or profession, the size of the tariff rate or salary).
  3. Based on the timesheets in column №6 recorded data on the number of days actually worked in the period, and №7 - worked in the holiday and weekend.
  4. Displays information on charges for the current month by type of payment (section №8-12), as well as the calculation of withholding amounts.
  5. Column №13 put the amount of tax payable in this month.
  6. enter data about other deductions from the salaries of workers (column №14): repayment of the loan, alimony, union dues and so on. D.
  7. column №15 summarizes.
  8. column №16 shows the company's debt (debt employee) on the results of previous calculations.
  9. If there is a difference between the results of the Count №12 and №15, it is shown in the column №18 «The amount to be paid."

The article was discussed in detail by 70 "Settlements with employees on wages."Knowing him especially young professionals will be able to properly perform the required financial transactions.