Company expenses list

1Management Salary:

It refers to the salary of the personnel in the administration department of the enterprise, such as the salary of the managers, technicians, workers, service personnel (such as canteen cooks) which should be charged by the expenses, the salary of the personnel who are temporarily transferred in the administration department to assist in the work, and the salary of the personnel of the whole factory warehouse, etc. However, the salary of the personnel in technical schools, primary and secondary schools, nurseries, kindergartens, off-site baths, hairdressing rooms and staff hospitals is not included in the list of expenses. However, the wages of personnel in technical schools, primary and secondary schools, nurseries, kindergartens, off-site baths, hairdressing salons and staff hospitals are not included in this item. Not included in this item.

2Employee Welfare Expenses:

It refers to the welfare treatment expenditures other than employee salaries, bonuses, allowances, subsidies included in the management of the total wage bill, employee education expenses, social insurance premiums and supplemental pension insurance premiums (annuities), supplemental medical insurance premiums, and housing provident funds provided by an enterprise for its employees, including expenditures on welfare benefits issued to or for employees.



Deductions are allowed for the following cash subsidies and non-monetary collective benefits paid to or on behalf of employees, not exceeding 14% of salaries and wages.

3Travel:

In accordance with the provisions of the payment of administration and management of the staff on official business out of a variety of travel expenses, accommodation, attendance, meals, miscellaneous expenses and so on; in accordance with the provisions of the payment of employees and their families, transfer, moving expenses; in accordance with the provisions of the payment of employees suffering from occupational diseases to go to overseas medical treatment. Transportation costs, accommodation costs, meal allowances and so on.

4Office expenses:

refers to the administration of stationery, paper printing (including a variety of protocols, systems, reports, bills, books, etc., printing and purchase costs), postal and telecommunication costs (including stamps, postage, telegrams, telephone charges, initial installation costs of local telephone lines).
(including stamps, postage, telegrams, telephone charges, initial installation fees for local telephone calls, and rental of telephone lines other than those for dispatch communications), office supplies and other office expenses.

5Depreciation:

refers to the depreciation of fixed assets (including cultural, educational, health, welfare department fixed assets) depreciation expenses in accordance with the provisions of the administration.

6 repair costs:

refers to the cost of repair of fixed assets used by the executive administration.

7Material Consumption:

Material Consumption refers to all kinds of general materials consumed by the workshop for the purpose of carrying out production and maintaining the production equipment, the environment, etc. (excluding materials used for repairs (mainly referring to spare parts) and labor protection)

8 Amortization of low-value consumables:

This refers to the value of low-value consumables, tools, and low-value equipment used by the executive management that are reduced by wear and tear and the cost of repairs.

9Trade Union Funds:

Refers to funds allocated to trade unions at a rate of 2% of total employee wages.

10Employee education expenses:

refers to enterprise for employees to learn advanced technology and improve the cultural level of the expenses, according to 8% of the total wages of employees.

11Labor insurance premiums:

refers to enterprise contributions to old-age insurance premiums, pensions and other costs related to retirees, but also accounting for funeral subsidies, pensions. Pension paid to retired employees (including the retirement pension), price subsidies, medical expenses (including the enterprise to pay the cost of retired personnel to participate in medical insurance), employee severance pay, more than 6 months of sick leave wages, death of the employee funeral subsidies, pensions, one-time compensation, and so on.

12Board of Directors' fees:

refers to the highest authority of the enterprise (such as the board of directors) and its members to carry out the functions of the day-to-day expenditures, including travel, meeting costs, transportation costs, and so on.

13consulting fees:

refers to enterprises to the relevant consulting organizations for scientific and technological, business management consulting costs, including the hiring of economic and technical consultants, legal advisers and other costs.

14Audit fees:

Enterprise to hire a certified public accountant to carry out the checking of accounts and capital verification, as well as asset valuation and other costs incurred.

15Litigation Expenses:

refers to the expenses incurred by the enterprise for filing a lawsuit or responding to a lawsuit.

16Sewage Charges:

Refers to the sewage charges paid by enterprises in accordance with regulations.

17Greening Fee:

Reasonable plant greening costs related to production and operation.

18Technology development costs:

refers to enterprise research and development of new products, new technologies, new processes incurred costs.

19Amortization of Intangible Assets:

Refers to the amortization of intangible assets such as patents, trademarks, copyrights, land use rights, and non-patented technologies.

20Business Entertainment Expenses:

Refers to expenses paid by departments belonging to an enterprise for the reasonable needs of the enterprise's business operations. According to the amount of 60% deduction, but the maximum shall not exceed 5 ‰ of sales (operating) income.

21Warehousing costs:

enterprise materials, semi-finished products and their finished goods warehouse for storage, organization and other work consumed materials, tools, spare parts and other costs.

22Insurance:

Refers to administration (including welfare department) payable property insurance premiums, vehicle insurance (excluding insurance premiums for purchased materials on the way).

23Utilities:

Refers to the expenses incurred by the Administration due to the consumption of water, electricity, and materials used for lighting, etc.

24Transportation Costs:

Refers to the transportation costs incurred by the Administration as a result of the provision of transportation by the in-plant transportation department and out-plant transportation agencies. Includes the cost of road maintenance, management fees, consumed fuel and other materials for its office vehicles. Intra-city transportation costs not included in the cost of material purchases.

25Heating costs:

refers to heating costs paid by the administration, including heating fuel, steam, hot water, stoves and other expenditures.

26Guard firefighting fees:

Enterprise guards. fire department maintenance costs and daily expenses. Such as the consumption of materials and supplies for firefighting, materials and supplies for prevention, the cost of prevention and publicity, the cost of clothing for guards and firefighters and janitorial costs.

27Meeting costs:

Enterprises convene meetings in accordance with the provisions of the payment of various costs, including meeting meal allowance, meeting expenses, accommodation and venue rental costs, meeting transportation costs.

28Employee transportation costs:

In accordance with the scope and standard of the local provisions of the city transportation subsidies paid to the employees , for employees to and from work factory-owned cars and private cars consumed by gasoline, road maintenance and other transportation costs, as well as employee travel to visit their families, and so on.

29Labor Protection Expenses:

refers to in accordance with the standard and scope of payment to the employees of labor protection supplies, summer heat, health care drinking food (including purchased mineral water)costs and labor protection publicity costs.

30Lease fee:

refers to the administration of the use of all kinds of fixed assets and appliances leased from outside in accordance with the provisions of the administrative expenses charged to the rent.

31Environmental protection and health costs:

refers to enterprises in order to prevent occupational diseases and industrial hygiene costs; in order to protect the environment of the factory and the environmental protection costs incurred: the "three wastes" costs; cleaning costs of the factory, etc..

32Inventory loss (less inventory):

refers to enterprise raw materials, homemade semi-finished products, products in process and finished goods, etc., loss, destruction, scrapping, less negligence and insurance company compensation and the above net loss of inventory inventory.

33Testing and inspection costs:

refers to enterprise materials or products for laboratory testing, inspection, testing and expenses incurred.