How to pay vacation
Rules for calculating leave.
1. How to calculate the average earnings
In order to calculate the average earnings, it is necessary to take into account all types of payments made at the enterprise, and the source of these payments is not important. However, it should not include social and other payments that do not relate to remuneration.
We offer such formulas for calculation:
If the settlement period has been fulfilled to the full - The amount of payments for the period / (average number of calendar days * 12)
If partially - Amount of payments / Number of calendar days in a given period
2. The formula for calculating the vacation:
Average daily salary * Number of days of vacation
3. Accrual of tax on vacation
Vacationers should be taxed with personal income tax at 13%. The accrued amount is withheld by the enterprise from the income of the employee who is working on the fact of payment.
In addition, the social tax is levied on vacation payments - the UST, it includes insurance pension contributions and insurance against occupational diseases and possible accidents at the enterprise.
4. Leave Accounting
Depending on which accounting policy is adopted, the enterprise can create reserves to pay for leave, or without a reserve.
If the reserve policy is not set by the policy, the accounting of vacation pay will be reflected in the accounting as follows:
D 20, 25, 26, 44 K 70, 69
It should be noted that the debit will depend on who gets the vacation.
For example, vacation pay for employees will look like this:
Simultaneously with this posting, the posting to the withholding of personal income tax is displayed:
If the employee's vacation is broken down into two reporting periods, then the expenses are displayed in the period in which they were actually, regardless of when the payment was made. In this case, the amount of vacation pay is reflected in the account 97 "Expenses of future periods".
If the accounting policy creates a reserve for the payment of holidays, the operations of its formation look like this:
D 20, 25, 26, 44 K 96
In this case, the cost of paying for holidays should be written off from the reserve:
Payment of vacation is made in the same way in both options of the accounting policy of the enterprise.