What is the account “Recruitment Education Expenses”?Commentary up to journals | Cloud accounting software Money Forward

“Recruitment education expenses” are accounts used when journalizing expenses incurred when hiring employees and employee education expenses. Employee education costs may be journalized separately as “training recruitment costs”, but they are often included in “recruitment education costs”. Specifically, I will explain in detail how journals can be journalized and what kind of content can be included.


What is the account “Recruitment Education Expenses”?

“Recruitment education expenses” are accounts that can be used for expenses related to employee recruitment and education.If you want to record expenses related to employee recruitment and education in the books, you can use the “Recruitment Education Expenses” account to make journal entries.

For example, the cost of placing an advertisement in a magazine or newspaper for hiring, the cost of renting an interview venue, etc. are related to hiring, so it is possible to journalize in the “Recruiting Education Expenses” account. In addition, the costs incurred when holding the training session and the costs paid when conducting the online training are related to employee education, so both are journalized in the “Recruitment Education Expenses” account. ..

Example of journal entry using recruitment education costs

Let’s say you put up a recruitment ad in a newspaper and it cost you 110,000 yen. The following is an example of journal entry when paying advertising expenses in cash.

debit lender
Adopt education fee 110,000 yen cash 110,000 yen

Recruitment adsWhen you pay by credit card, you need to enter it in the books twice, once when you make the payment by credit card and when the credit card fee is deducted.

When you first make a credit card payment, the credit is “Accounts payableLet’s make a journal entry.

debit lender
Adopt education fee 110,000 yen Accounts payable 110,000 yen

Next, when the credit card usage fee is deducted, the debit is “Accounts payableIf the withdrawn account is a savings account, the credit will be “Ordinary depositMake a journal entry.

debit lender
Accounts payable 110,000 yen Ordinary deposit 110,000 yen

Consider the case where compliance training is conducted in-house. If you apply for online training for all employees and pay 440,000 yen in cash, you can make journal entries as follows.

debit lender
Adopt education fee 440,000 yen cash 440,000 yen

Let’s take a look at the case of conducting a training trip for prospective employees. It costs a total of 396,000 yen for transportation and accommodation, and if you pay with a credit card, the credit will be “Accounts payableMake a journal entry as follows.

debit lender
Adopt education fee 396,000 yen Accounts payable 396,000 yen

At a later date, when the credit card usage fee is deducted, the debit will be debited.Accounts payable, The credit is “Ordinary depositLet’s make a journal entry.

debit lender
Accounts payable 396,000 yen Ordinary deposit 396,000 yen

Difference between recruitment education costs and training recruitment costs

“Training recruitment costs” are the costs used to equip employees with skills and knowledge.However,For skills and knowledge that are not related to work, the “Training Recruitment Expenses” account cannot be used.If you hold a seminar on skills and knowledge that are not related to your work and all employees can participate in the seminar, you may be able to journalize by account such as “welfare expenses”.

You can also use the “Training Recruitment Expenses” account for correspondence education and book expenses. in short,Anything that can be journalized in the “Training Recruitment Expenses” account can be journalized in the “Recruitment Education Expenses” account.However, since “recruitment education expenses” include expenses related to recruitment, it can be said that it is an account that can be used in a wider range than “training recruitment expenses”.

If you want to separate the cost of training employees from the cost of hiring, you can use the “Training hiring cost” and “Recruiting cost” accounts, respectively. Once you use each account, it’s important to journal the same expense for the same account.

Let’s make a journal entry assuming that the recruitment education expenses will be reviewed later

“Recruitment education costs” include expenses related to employee recruitment and education. If you have a lot of hiring costs, you could use the “Recruiting Costs” account and journalize them separately from your education costs. In that case, the items equivalent to education expenses are classified by the account item of “Training recruitment expenses” and journalized.

Once you’ve decided on an account for a particular expense, it’s important to use the same account for the same expense thereafter.If you find it difficult to understand using the same account, divide it into several accounts, set sub-accounts, and make a note of the contents in the remarks column.

Frequently Asked Questions

What is recruitment education costs?

This is an account used when journalizing expenses related to employee recruitment and education, including the cost of posting recruitment advertisements, the cost of interview venues, the cost of online seminars, and the cost of books used for training. Please check this out for details.

What is the difference between recruitment education costs and training recruitment costs?

Anything that can be journalized in the “Training Recruitment Expenses” account can be journalized in the “Recruitment Education Expenses” account, but “Recruitment Education Expenses” also includes recruitment costs. Please check this out for details.

* The information posted is as of the time the article was updated.

Accounting software that is easy to use even for accounting beginners

[Supervision]Money Forward Cloud Accounting

Money Forward Cloud Accounting provides useful information about accounting and accounting operations.
Money Forward Cloud Accounting is an accounting software that can reduce the work time for transaction entry and journal entry, and automate bookkeeping and financial statements for SMEs and corporations. It is a strong ally of everyone involved in accounting, from managers to accounting staff.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.