Job Recruitment Website - Social security inquiry - Do you need to draw personal social security for the wages payable to employees?

Do you need to draw personal social security for the wages payable to employees?

The provision of wages payable to employees only refers to unit social security, and personal social security is linked to other receivables or other payables.

1. When social security is accrued, its accounting entries are:

Borrow: management fee,

Loan: Payable wages-social security (enterprise part).

2. When the salary is paid next month, the accounting entries are:

Debit: accounts payable-wages,

Loan: other payables (personal part),

Bank deposit.

3. When handing in Dubao, its accounting entries are:

Borrow: payable to employees-social security (enterprise part),

Other payables (personal part).

Loan: bank deposit.