GENERAL ACCOUNTING DIAGRAM ACCOUNT 334
111
334 | 622 | ||||
673,387,290 | 673,387,290 | 673,387,290 | 437,701,738 | ||
627 | |||||
74072602 | |||||
641 | |||||
87540348 | |||||
642 | |||||
74072602 | |||||
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GENERAL ACCOUNTING DIAGRAM ACCOUNT 338
111
338 | 622 | ||||
71,964,533 | 71,964,533 | 71,964,533 | 36,857,926 | ||
627 | |||||
6,237,495 | |||||
641 | |||||
7,371,585 | |||||
642 | |||||
6,237,495 | |||||
334 | |||||
15,260,032 | |||||
ACCOUNTING LEADERS
Account 334 - OTHER PAYABLES
RECORDING DOCUMENT
INTERPRETATION | CORRESPONDING ACCOUNT | AMOUNT | |||
NUMBER | DAY | IN DEBT | HAVE | ||
1810 | 12/25 12/25 12/25 12/25 December 30 | Beginning balance Number of transactions per month -Wages payable +Calculated into CPNCTT +Calculated into CPSXC +Calculated into CPBH +Calculated into CPQLDN -Pay salary in cash Co-arising Closing balance | 622 627 641 642 | 673,387,290 | 437,701,738 74,072,602 87,540,348 74,072,602 |
ACCOUNTING LEADERSHIP
Account 338 - OTHER PAYABLES
RECORDING DOCUMENT
INTERPRETATION | CORRESPONDING ACCOUNT | AMOUNT | |||
NUMBER | DAY | IN DEBT | HAVE | ||
1810 | 12/25 12/25 12/25 12/25 12/25 December 30 | Beginning balance -Deduct social insurance, health insurance, and union funds +Calculated into CPNCTT +Calculated into CPSXC +Calculated into CPBH +Calculated into CPQLDN +Deduct from salary social insurance and health insurance -Pay social insurance in cash Co-arising End of month balance | 622 627 641 642 334 111 | 71,964,533 | 36,857,926 6,237,495 7,371,585 6,237,495 15,260,032 |
CHAPTER 4: ANALYSIS OF THE IMPACT OF SALARY
FOR EMPLOYEES
1. Analysis of Indicators Between 2001 and 2002: 1.1 Salary Fund:
Table 6: Allowed Salary Fund for Expenditure in 2001 and 2002
Unit: VND
ITEM
REVENUE | SALARY | |||
2001 | 2002 | 2001 | 2002 | |
1. Processing revenue | 3,447,741,430 | 5,183,695,674 | 1,723,870,715 | 2,591,847,837 |
2. Revenue from finished products | 150,800,480 | 36,407,234 | 75,400,240 | 18,203,617 |
3. Merchandise revenue | 62,521,966 | 74,485,730 | 31,260,983 | 37,242,865 |
4. Financial income | ||||
5. Unusual income | ||||
ADD | 3,661,063,876 | 5,294,588,638 | 1,830,531,938 | 2,647,294,319 |
In there:
+ Merchandise revenue is the amount of money the company gets from selling scrap and receiving commissions from processing for other companies.
Looking here we see:
The company's salary depends on revenue, we see that the processing revenue in 2002 is larger than in 2001, this leads to the salary from processing revenue in 2002 being larger than in 2001.
In which processing revenue accounts for a large proportion of total revenue, specifically:
2002: processing revenue accounted for 98% of total revenue
2001: Processing revenue accounted for 94% of total revenue.
2002: processing revenue salary accounted for 98% of total
wage.
wage.
2001: processing revenue salary accounted for 94% of total
The remaining revenues: in 2002, the revenue from semi-finished products was smaller, and the revenue from goods was larger than in 2001, although the proportion was not large in the total revenue. Because in 2001, the company had not yet equipped new machinery and equipment, so there was still a lot of scrap in the processing, so the revenue from goods and semi-finished products in 2001 was high. In 2002, due to the company
The company focuses mainly on processing finished products, so the rate of semi-finished products is low, so the processing revenue is high and the revenue from semi-finished products is low.
In short , the company's revenue depends mainly on processing.
1.2 Revenue and Salary Situation:
Table 7 : Revenue and Average Wages in 2001 and 2002
ITEM
IMPLEMENTED 2001 | IMPLEMENTED 2002 | DIFFERENCE | |
Revenue (VND) | 3,661,063,876 | 5,294,588,638 | 1,633,524,762 |
Number of employees (average) (people) | 5,241 | 6,023 | 782 |
Salary (average) (VND/person/month) | 349,272 | 439,531 | 90,259 |
Salary fund
= | Number of employees (average) | × | Salary (average) |
Because salaries are averages, the calculation results below are only approximate.
Let Qo : actual salary fund target for 2001.
Q1 : actual salary fund target for 2002.
Ao: actual number of employees (average) in 2001. A1 : actual number of employees (average) in 2002. Bo : actual salary (average) in 2001. B1 : actual salary (average) in 2002.
We have:
Qo = Ao × Bo = 5,241 × 349,272 = 1,830,531,938 VND. Q1 = A1 × B1 = 6,023 × 439,531 = 2,647,294,319 VND.
Therefore: ∆Q = Q1 – Qo = 2,647,294,319 – 1,830,531,938 = 816,762,381 VND.
The level of influence of factor A (average labor)
∆A = (6.023 – 5.241) × 349.272 = 273,130.704 VND.
The level of influence of factor B (average salary).
∆B = 6023 × (439,531 – 349,272) = 543,629,957 VND.
Total impact level of factors: 273,130,704 + 543,629,957 = 816,762,381 VND.
Comment :
- The labor factor increased by 782 people, increasing the salary fund: 273,130,704 VND.
- Salary factor increased by 90,259 VND, increasing salary fund by: 543,629,657 VND.
However, to consider management quality, other criteria and factors need to be considered.
From the above document, we can calculate the average labor productivity factor according to the formula:
Labor productivity
= | Revenue |
Average number of employees |
1.3 Revenue and Labor Productivity Situation:
Table 8: Revenue and Labor Productivity Situation in 2001 and 2002
STT
ITEM | REALITY 2001 | REALITY 2002 | DIFFERENCE | ||
AMOUNT | PROPORTION(%) | ||||
1 | Revenue (VND) | 3,661,063,876 | 5,294,588,638 | 1,633,524,762 | 44.6 |
2 | Labor (average) (people) | 5241 | 6023 | 782 | 14.9 |
3 | Labor productivity (VND/person) | 698,543 | 879,062 | 180,519 | 25.8 |
4 | Salary (average) (VND/person/month) | 349,272 | 439,531 | 90,259 | 25.8 |
5 | Salary fund (VND) | 1,830,531,938 | 2,647,294,319 | 816,762,381 | 44.6 |
The salary fund formula is rewritten according to the relationship with the factors: revenue, labor productivity, salary as follows:
Salary fund
= | Revenue | × | Average salary |
Average labor productivity |
Let Q : analysis index (salary fund).
A : revenue.
B : average labor productivity
C : average salary.
The relationship between the analytical index and the factors is expressed (in both product and quotient form) as follows:
Q
= | A | × | C |
B |
Because the salary is an average, the calculation results below are approximate.
Call Q1 : Actual results of 2002 period
Qo : Actual period 2001 indicator
Hence: ∆Q = Q1 – Qo: analysis object.
⎛ 5,294,588,638 ⎞ ⎛ 3,661,063,876 349,272 ⎞
⎜
⎝ 879,062
439,531 ⎟ ⎜
⎠⎝
⎟
698,543 ⎠
= 2,647,294,319 – 1,830,531,938 = 816,762,381 VND.
Determine the level of influence of factor A (revenue factor).
∆A 1,633,524,762 349,272 816,763,550 VND.
698,543
Determine the level of influence of factor b (labor productivity factor)
dynamic).
⎜
⎟
∆B 5,294,588,638 ⎛ 1 1 ⎞ 349,272 543,633,563 VND.
⎝ 879,062 698,543 ⎠
Determine the level of influence of factor c (average salary factor).
∆C 5,294,588,638 439,531 349,272 543,629,773 VND
879,062
Summary of the level of influence of factors:
∆Q = ∆A + ∆B + ∆C
= 816,762,381 – 543,633,563 + 543,629,773 = 816,762,381 VND.
Comment :
- The revenue increase factor of 44.6% has increased the salary fund: 816,763,550 VND. It is normal for the salary fund to increase due to revenue increase. However, the salary fund increase rate is equivalent to the revenue increase rate of 44.6%, which is a special case. But it can also be explained that because the average salary in 2001 was relatively low, the enterprise increased the salary in 2002 (in accordance with the current salary payment regime) to ensure income for employees.
- The labor productivity factor increased by 25.8%, causing the salary fund to decrease by 543,633,503 VND, showing that the labor productivity growth rate is much higher than the average salary growth rate. This is consistent with the development trend.
development, is reasonable. But it can also be explained further: specialization of each stage, each job leads to increased productivity of workers because then they only sew one part of the shirt. Because the company is a chain sewing company, they will ensure the completion of work progress.
- The average salary factor increased by 25.8%, increasing the salary fund by 543,629,773 VND. This is consistent with the above analysis.
Conclude :
Enterprises need to manage, use labor and salary funds better. Through the analysis results, enterprises can see the different impacts of factors on salary. From there, appropriate policies will be applied to bring about efficiency.
2. Analysis of Indicators Between 2 Years: 2002 and 2003 2.1 Salary fund:
Table 9: Allowed Salary Funds for 2002 and 2003
Unit: VND
ITEM
REVENUE | SALARY | |||
2002 | 2003 | 2002 | 2003 | |
1. Processing revenue | 5,183,695,674 | 10,901,826,828 | 2,591,847,837 | 5,450,913,410 |
2. Revenue from finished products | 36,407,234 | 34,420,126 | 18,203,617 | 17,210,063 |
3. Merchandise revenue | 74,485,730 | 55,039,272 | 37,242,865 | 27,519,636 |
4. Financial income | ||||
5. Unusual income | ||||
ADD | 5,294,588,638 | 10,991,286,220 | 2,647,294,319 | 5,495,643,109 |
Looking here we see:
The company's salary depends on revenue, we see that the processing revenue in 2003 is larger than in 2002, this leads to the salary from processing revenue in 2003 being larger than in 2002.
In which processing revenue accounts for a large proportion of total revenue specifically:
2003: Processing revenue accounted for 99% of total revenue
2002: processing revenue accounted for 98% of total revenue.
2003: processing revenue salary accounted for 99% of total
salary. salary.
2002: processing revenue salary accounted for 98% of total
Other revenues: in 2003, revenue from semi-finished products and revenue from goods were both smaller than in 2002, although the proportion was not large in total revenue. Because in 2003 the company equipped more modern machinery, the rate of scrap decreased, the company mainly produced and processed finished products, so revenue from semi-finished products decreased, and revenue from processing increased compared to 2003.
In short , it can be affirmed that the company's revenue depends mainly on processing.
2.2 Revenue and Average Salary Situation:
Table 10: Revenue and Average Wages in 2002 and 2003
ITEM
IMPLEMENTED 2002 | IMPLEMENTED 2003 | DIFFERENCE | |
Revenue (VND) | 5,294,588,638 | 10,991,286,220 | 5,696,697,582 |
Labor (average) (people) | 6023 | 8226 | 2203 |
Salary (average) (VND/person/month) | 439,531 | 668,082 | 228,551 |
We have:
Qo = Ao × Bo = 6023 × 439,531 = 2,647,294,319 VND. Q1 = A1 × B1 = 8226 × 668,082 = 5,495,643,109 VND.
Therefore: ∆Q = Q1 – Qo = 5,495,643,109 – 2,647,294,319 = 2,848,348,790 VND.
The level of influence of factor A (average labor)
∆A = (8226 - 6023) × 439,531 = 968,268,793 VND.
The level of influence of factor B (average salary)
∆B = 8226 × (668,082 – 439,531) = 1,880,060,526 VND.
Total impact level of factors: 968,268,793 + 1,880,060,526 = 2,848,348,790 VND.
Comment :
- Labor factor increased by 2203 people, increasing salary fund: 968,286,793 VND.
- The salary factor increased by 228,551 VND, increasing the salary fund by 1,880,060,526 VND. This is because the company expanded its production facilities, attracting more workers, the company attracted more customers, increasing revenue, increasing the salary fund, and increasing employee salaries.