FEATURES OF PAYMENTS TO EMPLOYEES ACCOUNTING AT AN ENTERPRISE

Abstract

The article studies the normative-legal framework governing the order of company payments accounting, as well as determines that the term "salary" has different interpretations. A number of indicators are used to estimate employee salary. These include payroll to employees in cash and in kind (estimated in monetary terms), worked and not worked out during the time that is recorded for the work performed or regardless of the source of these payments financing. The salary includes: basic payroll fund; extra payroll fund; other incentive and compensation payments. It has been determined that the problematic issues of salary accounting arise when performing the following operations: controlling the time use and ensuring the growth of labor productivity; timely and correct determination of the amounts of accrued salaries and social security contributions and their attribution to the enterprise expenses; compliance with the terms of payments to employees and other payments; accounting and monitoring of the use of the salary fund and other funds allocated for salaries payment; introduction of motivation system for employees at the enterprise. It is determined that one of the important points of improvement of the enterprise activity is increasing the interest of employees in effective activity. That is, special attention should be paid to motivational activities to organize and promote labor productivity, including the premiums, bonuses and extra payments. An important area of improvement of salary payments is the introduction of analytical calculations and control, which reduces the number of errors in the processing of information, the time spend for accounting, analytical and control procedures as well as the number of manual operations. Thus, as a result of the conducted research, it is determined that in modern economic conditions proper and effective salary accounting has become not only a tool of compliance with the current legislation, but also a source of reliable information for further monitoring and control of expenses for salary payments. The salaries of employees at enterprises should be directly dependent on the results of work and at the same time affect its performance as well as stimulate the development of production efficiency.