UNIVERSITY OF ECONOMIC AND LAWS FACULTY OF ACCOUNTING AND AUDITING GRADUATION THESIS ACCOUNTING FOR PAYROLL AND SALARY DEDUCTIONS AT TAN AN INVESTMENT CONSTRUCTION - TRADING AND MATERIAL PRODUCTION JOINT STOCK COMPANY.PhD PHAN DUC DUNG STUDENT NAME : HOANG THI LE STUDENT ID : K174050609 CLASS :K17405CA TP.HCM, 5/2021 ACKNOWLEDGEMENT The application of knowledge learned in practice is always the top concern of students, especially graduating students, because if you cannot still apply the theory into practice, it will be difficult for students to adapt to the public. Therefore, the internship period is a good opportunity for students to interact, gain experience and learn to apply their expertise. I would like to thank the teachers in the Faculty of Accounting - Auditing, University of Economics - Law for their whole-hearted guidance, helping me accumulate many useful knowledge and valuable lessons during the past four school years. In particular, I would like to thank Mr.
Phan Duc Dung for guiding, helping, and facilitating me to successfully complete the university graduation topic. My job as an intern accountant will definitely not be favorable without the help of the Board of Directors of Tan An Investment - Construction - Trading and Material Production Joint Stock Company. I would like to thank you guys for giving me the opportunity to work in a professional environment, with practical contact, suggestions, and exchange of experiences to help me complete my internship. However, due to the limited experience, knowledge and practice time, my report cannot avoid errors, so I look forward to receiving comments from teachers and accountants.
more complete graduation essay. Ho Chi Minh City, May 5, 2021 Student implementation Hoang Thi Le INSTRUCTOR’S COMMENTS ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… Tp.HCM …………………………………… NHẬN XÉT CỦA ĐƠN VỊ THỰC TẬP Họ và tên SV thực tập : Hoàng Thị Lệ MSSV: K174050609 Lớp: K17405CA Trường Đại học kinh tế - Luật Đã thực tập tại Phòng : Kế toán Từ thời gian : từ ngày 15/12/2020 đến ngày 15/02/2021 Nhận xét chung : ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… …………………………………………………., ngày 15 tháng 02 năm 2021 Xác nhận của đơn vị thực tập (Ký và ghi rõ họ tên) Ghi chú : Có thể đóng dấu treo ở góc bên trái Table of Contents LIST OF TABLES AND IMAGES INTRODUCE CHAPTER 1 – OVERVIEW OF SALARY THEORY AND SALARY DEDUCTION AT TAN AN INVESTMENT CONSTRUCTION - TRADING AND MATERIAL PRODUCTION JOINT STOCK COMPANY.1 Theoretical basic of salary accounting and salary deductions for businesses.2 The content of research on salaries and salary deductions in the business according to Circular 200.3 Learn about salary accounting and salary deductions according to IAS 19 - Employee benefits.4 Conclusion of Circular 200 and IAS 19 on practical application in enterprises in Vietnam.5 Research methods of accounting in businesses. 36 CHAPTER 2 - A BRIEF DESCRIPTION OF THE COMPANY.1 General introduction about Tan An investment construction – trading and material poduction joint stock company.2 Management organizational structure of Tan An investment construction – trading and material production joint stock company.3 Organization of accountancy of Tan An investment construction – trading and material production joint stock company. 42 CHAPTER 3 : RESEARCH AND ILLUSTRATE THE PROCESS OF SALARY ACCOUNTING AND SALARY DEDUCTIONS AT TAN AN INVESTMENT - CONSTRUCTION - TRADING AND PRODUCTION JOINT STOCK COMPANY.1 The company's labor characteristics.2 Salary regime and salary form at the company .3 Accounting for payroll and salary deductions at company.
47 CHAPTER 4: SOLUTIONS TO COMPLETE CASH ACCOUNTING AND PAY ANALYSIS "TAN AN CONSTRUCTION INVESTMENT AND MATERIAL PRODUCTION JOINT STOCK COMPANY" .1 Evaluate the current status of salary accounting and salary deductions at the company.2 Some meausures to complete the work of cash accounting and pay analysis at Tan An investment construction – trading and material production joint stock company. 64 CHAPTER 5 : THE RESULTS ACHIEVED WHEN STUDYING THE ACCOUNTING WORK ON SALARY AND SALARY DEDUCTIONS IN GENERAL AND AT TAN AN INVESTMENT – CONSTRUCTION – TRADE AND PRODUCTION JOINT STOCK COMPANY IN PARTICULAR.1 Results of implementing the topic help businesses solve problems in the business.2 Research results of the topic compared with previous topics.3 Overview of related previous research topics. 67 INTERSHIP DIARY ABBREVIATIONS REFERENCES LIST OF TABLES AND IMAGES Table: Table 1: Level of deduction of salary deductions Table 2 : Flowchart of the accounting entry order for the Journal ledger accounting form. Table 3 : The order of entry into accounting books of accounting form Journal of vouchers Table 4: The order of entry into accounting books of general joural accounting form.
Table 5: The order of entry into the accounting books of the accounting form of the accounting vouchers Table 6: Type of employee benefits. Management organization structure of company Table 8. The organizational chart of the company's accounting apparatus.The order of recording accounting books according to the accounting form Recording vouchers Images : Image 1: Daily salary Image 2,3,4 : Timesheets Images 5: List of payment vouchers Images 6: Payroll Images 7: Payment voucher Images 8 : Payment voucher Images 9,10: List of employees paying deductions by salary Image 11: Payroll Image 12: Summary table of insurance receipts Images 13 : Receipt INTRODUCE 1. The need of the subject : Vietnam's economy in recent years has been constantly developing and integrating into the world economy, thereby opening up many opportunities and challenges for domestic and foreign investors.
With the diversified development of the economy, the system of standards and legal documents on accounting is constantly changing and improving to contribute to the truthful reflection of the financial accounting situation at the enterprises. The auditing company also constantly develops perfect accounting techniques to ensure the truthfulness and reasonableness of financial statements. During his internship at TAN AN Investment - Construction - Trading and Materials Production Joint Stock Company.Through your dedication and guidance, the support of instructors, and contact with the actual accounting process in your business, I reali ze that the salary cost is an important expense for the business. Only accounting for a large proportion of the total cost but also related to many other items, affecting the balance sheet and reporting business results.
will affect the cost of the product, the cost related to the value of inventory, influencing cost is recognized as cost of goods sold on the income statement.Salary of managers and sales staff is part of the cost of business management and selling expenses presented in the income statement. Business performance results and undistributed profits on BS. When wages are monitored honestly and reasonably, not only helps businesses but also encourages employees to improve skills. To better understand salary costs and salary deductions, I chose the subject of my graduation thesis: "ACCOUNTING FOR PAYROLL AND SALARY DEDUCTIONS AT TAN AN INVESTMENT CONSTRUCTION - TRADING AND MATERIAL PRODUCTION JOINT STOCK COMPANY".
Through the topic, I hope to gain a lot of knowledge and practical experience about how to track salary and back-up deductions to be able to do a good job in the future.Research objectives : - Search for accounting salary and salary deductions at the business. - Find out the difference between Vietnamese accounting standards and international accounting standards. - Gain practical experience to do a good job in accounting for payables and future salary deductions.Research methods: - Research the working program at the company on the items to pay employees and other payables, namely the items of social insurance, health insurance, unemployment insurance, trade union fees) and the standard accounting program of VAS. - See the results of previous studies to gather knowledge.
- Interviewing brothers and sisters in the company to better understand the accounting process for employees' payables and salary deductions. - Analysis of theory and practice to understand more about these items. - Synthesize the knowledge gained during the internship and then write the graduation thesis.Research scope : Accounting process for salary and salary deductions at Tan An Investment - Construction - Trading and Production Joint Stock Company. Limit the topic : Due to the limited practical experience and knowledge as well as the limited practice time, the topic has not been completed yet, and there are many shortcomings.
Usually, when accounting for salary items and salary deductions, personal income tax is calculated. Structure : Include 5 chapter : Chapter 1 – OVERVIEW OF SALARY THEORY AND SALARY DEDUCTION AT TAN AN INVESTMENT CONSTRUCTION - TRADING AND MATERIAL PRODUCTION JOINT STOCK COMPANY. Chapter 2 - A BRIEF DESCRIPTION OF THE COMPANY. Chapter 3 - RESEARCH AND ILLUSTRATE THE PROCESS OF SALARY ACCOUNTING AND SALARY DEDUCTIONS AT TAN AN INVESTMENT -CONSTRUCTION - TRADING AND PRODUCTION JOINT STOCK COMPANY.
Chapter 4 - SOLUTIONS TO COMPLETE CASH ACCOUNTING AND PAY ANALYSIS "TAN AN CONSTRUCTION INVESTMENT AND MATERIAL PRODUCTION JOINT STOCK COMPANY" Chapter 5 - THE RESULTS ACHIEVED WHEN STUDYINGTHE ACCOUNTING WORK ON SALARY AND SALARY DEDUCTIONS IN GENERAL AND AT TAN AN INVESTMENT – CONSTRUCTION – TRADE AND PRODUCTION JOINT STOCK COMPANY IN PARTICULAR. [2] CHAPTER 1 – OVERVIEW OF SALARY THEORY AND SALARY DEDUCTION AT TAN AN INVESTMENT CONSTRUCTION - TRADING AND MATERIAL PRODUCTION JOINT STOCK COMPANY.1 Theoretical basic of salary accounting and salary deductions for businesses. Labor is the active limbs and minds of people in order to transform objects into labor useful items to serve the needs of people. Salary (wages) is the amount of labor remuneration paid by an enterprise according to the number and results of labor that they contribute to the enterprise in order to reproduce the labor force, offset their labor costs during production and business .2 Definition: Paymaster is the position of an accountant responsible for salary accounting based on the following factors: timesheet, overtime score, work tracking sheet, overtime slip, labor contract.
, a contract (if any), a detailed list of allowances. to make a spreadsheet, salary scale, salary payment and social insurance regimes for all employees so that the most appropriate.Meaning, duties and functions of salary accounting and salary deductions Meaning: - Labor is an indispensable factor in production and business activities, so the accounting of back money and salary deductions is of great significance in the management of business production. - Good accounting of labor, wages and salary deductions helps the human resource management work in a disciplined order, and at the same time creates a basis for businesses to pay social insurance benefits for employees, leave work in case of sick leave, maternity or labor accident. [3] - Good organization of the salary work also helps with strict salary management to ensure that the salary is paid in accordance with the policies and the business, and also has the basis to calculate the appropriate allocation of labor costs and business costs.
Duties : - The task of wage accounting is to record, synthesize and promptly and fully reflect data on quantity and quality of labor, use of time and results of labor. - Salary calculation and salary deductions such as insurance regimes, trade union fees,…; allowances payable to employees ensure the correct calculation of the current labor regime policies. - Timely and accurately allocating labor costs to each employer to distribute salaries to employees. - Analyze the use of the salary fund, the social insurance fund, the health insurance fund, the trade union fund to detect mistakes, control the cash flow.
- Monitoring the situation of payment - advance salary, bonus, allowances, allowances for employees. - Proposing measures to save salary funds, synthesize the data provided for general accountants and other management departments. - Prepare reports on labor, salary and salary deductions periodically. Salary always goes hand in hand with the employee's benefit.
It is the driving force that stimulates creativity and labor consciousness to boost productivity. Therefore, the function of salary is on the one hand linked with the actual interests of the employees and on the other hand it enhances the employee's position in the enterprise.