All social security fees are paid by the company. How to deal with the accounts?

Personal social insurance premiums shall be borne by the company, and all social insurance premiums shall be directly included in the management expenses-social insurance premiums. The specific accounting treatment is as follows:

Borrow: management fees and other subjects-social security fees,

Loans: wages payable to employees-social insurance premiums,

Borrow; Payable to employees-social insurance,

Loans; Bank deposits and other subjects.

Because social security is the expenses withheld and remitted by the company, this expense is not the normal operating expenses of the company, but is borne by employees, so if the company bears all of it, it cannot be deducted before tax.

According to Article 35 of the Regulations for the Implementation of the Enterprise Income Tax Law (Order No.512 of the State Council), the basic social insurance premiums and housing accumulation funds paid by enterprises for employees in accordance with the scope and standards stipulated by the relevant competent departments of the State Council or the provincial people's government are allowed to be deducted. What can be deducted before tax here refers to the social security part paid by the unit.