Buyer travel expenses are expenses incurred by buyers in their daily business activities due to the need for buyers to go to other places to purchase goods or attend conferences。Depending on the ledger account, purchaser travel expenses are part of the "Other receivables" ledger account.
When a buyer needs to borrow travel expenses in advance, the business will make the following accounting entries::
Debit: Other receivables.
Credit: cash on hand.
When a buyer returns from a business trip and needs to be reimbursed, the business will make the following accounting entries::
a, the cost part.
Borrow: Administrative expenses.
Credit: Other receivables.
b, the remainder.
Borrow: cash on hand.
Credit: Other receivables.
If the travel expenses borrowed in advance by the purchaser are insufficient to cover the actual expenses, a supplementary payment will be required, the following accounting entries will be made:
Borrow: Administrative expenses.
Credit: cash on hand.
The scope of travel expenses mainly includes transportation expenses, accommodation expenses, food allowances, postal and telecommunications expenses, luggage freight and miscellaneous expenses。Specifically:
1.Transportation expenses refer to the various fares, handling fees and related expenses paid by the errand person for taking trains, planes, ships and other means of transportation.
2.Accommodation expenses refer to the rent and related expenses paid by people who are traveling for business.
3.Food subsidy refers to the subsidy paid to the business traveler according to a certain standard due to the high food cost during the period when the business traveler is away.
4.Postal and telecommunications expenses refer to the various expenses, telegraph fees, mailing fees and other expenses paid by the staff due to work needs during the business trip.
5.Baggage freight refers to the baggage transportation and handling expenses paid to railway, civil aviation, highway and other transportation units when the poor person needs to carry more luggage due to work needs.
6.Miscellaneous expenses refer to expenses other than those mentioned above that are required to be paid by the errand personnel as a result of their work.
The above analysis is for reference only, and the specific situation is subject to the actual situation.