Accounting of expenditure incurred on training of employees of a company who enjoy a bonus in social security contributions.

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20/08/2013

Upon reflecting accounting of expenditure incurred on training of employees of a company who enjoy a bonus in social security contributions.


Upon reflecting accounting of expenditure incurred on training of employees of a company who enjoy a bonus in social security contributions.
  Answer:

The expenses incurred in the training of personnel of the company have accounting nature and will include staff costs in the consolidated income statement integral part of the operating results. For this purpose, you can use the account 649. Other social costs.

Moreover, the reductions in Social Security contributions will be registered as indicated in the recognition and measurement standard on grants, donations and bequests General Accounting Plan approved by Royal Decree 1514/2007 , of November 16, or if the General Accounting Plan for Small and Medium Enterprises, approved by Royal Decree 1515/2007, of November 16.

However, to the extent that such bonuses are effective through a reduction in Social Security contributions by the company, may be admitted that spending this amount minore caused by this concept, provided according to the materiality principle that causes this variation is not significant accounting.

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