How to make entries for social security borne by individuals

The social security entries borne by individuals are as follows: debit: administrative expenses-social insurance premiums (personal part); credit: other receivables-social insurance premiums (personal part).

1, debit: administrative expenses - social insurance premiums (personal part); credit: other receivables - social insurance premiums (personal part)

2, the enterprise advances the social security costs payable by the individual employee, and later deducted from the employee's salary.

3. In the accounting treatment, the entries reflect the enterprise's expenditures on employee benefits and the corresponding receivables.

4. The operation ensures that social security costs are correctly accrued and settled, reflecting the enterprise's responsibility to fulfill its social security obligations.

Accounting treatment of social security:

1. Borrow: administrative expenses-social insurance premiums (unit portion); credit: tax payable-social insurance premiums payable (unit portion);

2. Borrow: administrative expenses-social insurance premiums (individual portion); credit: other payables-social insurance premiums (individual portion);

3. Borrow: tax payable-social insurance premiums payable (individual portion);

3. Borrow: tax payable-social insurance premiums payable Social insurance premium (unit part); credit: bank deposit;

4. Debit: other payables-social insurance premium (individual part); credit: bank deposit.

In summary, the enterprise advances the employees' social security expenses through the accounting entry "Debit: Administrative Expenses-Social Insurance Premiums (Individual Portion); Credit: Other Accounts Payable-Social Insurance Premiums (Individual Portion)" and deducts it back from the salary to ensure the correct accrual and settlement of social security expenses, reflecting the enterprise's fulfillment of its social security responsibility and at the same time, it has made appropriate accounting treatment for employee welfare expenses and corresponding receivables.

Legal basis:

Social Insurance Law of the People's Republic of China

Article 4

Employers and individuals in the territory of the People's Republic of China shall pay social insurance premiums in accordance with the law, and shall have the right to inquire about the records of premium payment and individual rights and interests, and to request the social insurance administration organizations to provide social insurance consulting and other related services. Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the payment of contributions for them by their own units.

Article 12

The employer shall pay basic pension insurance contributions in accordance with the proportion of the total wages of the employees of the unit as prescribed by the State, and credit them to the Basic Pension Insurance Coordination Fund.

Employees shall pay the basic pension insurance premiums in accordance with the proportion of their own wages prescribed by the State and credited to their individual accounts.

Individual industrial and commercial households without employees, part-time workers who have not participated in the basic pension insurance in the employing organization, and other flexibly employed persons participating in the basic pension insurance shall pay the basic pension insurance premiums in accordance with the state regulations, which shall be credited to the basic pension insurance general fund and the individual account respectively.