When should social security and provident fund be accrued?

When should social security and provident fund be accrued?

Yes It should be paid monthly.

For example, the monthly salary 1 000, individual housing provident fund 50, and the company is also responsible for 50.

Borrow: management expenses (or production costs, manufacturing costs, sales costs, etc. )-housing accumulation fund 50.

Payable to employees-housing accumulation fund 50

Loan: other payables-housing accumulation fund 100.

When paying:

Debit: other payables-housing accumulation fund 100.

Loan: bank deposit 100.

The same is true for social security, so what are the specific accrual entries? It is better to have a number after the entry:

Borrow: management expenses (or production costs, manufacturing costs, sales costs, etc. )-social security expenses 100.

Payable to employees-social insurance premium 50

Loan: other payables-social insurance premium 150.

Because I don't know whether this 50 should be put into my salary or reduced. —— The employee's own share must be recorded in the salary. This is the withholding part.

How to deal with social insurance accounts?

Social insurance includes: endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Among them, the insurance undertaken by individuals is endowment insurance, medical insurance and unemployment insurance. Accounting entries of social insurance and housing accumulation fund: social insurance accounting entry: 1, part of enterprise burden, extraction: borrowing: management fee-social insurance premium (management department), borrowing: sales fee-social insurance premium (sales department), borrowing: production cost-social insurance premium (production department), borrowing: wages payable to employees-social insurance premium 2. Personal burden, when paying wages (according to the proportion paid by individuals, deducted from it): accounts payable-salary loan: other accounts payable-personal social insurance premium (the part that employees should pay) loan: cash on hand, etc. 3. Borrowing at the time of payment: payables-social insurance premium (borne by the unit) other payables-personal social insurance premium (the part that employees should pay) loans: bank deposits (total payment) accounting treatment of housing provident fund 1 withdrawal: borrowing: management expenses-housing provident fund (management department) borrowing: sales expenses-housing provident fund (sales department) borrowing: production costs-housing provident fund. Personal burden, when paying wages (according to the proportion of individual contributions, deducted from it): wages payable to employees-wage loans: other payables-personal housing provident fund (the part that employees should pay) loans: cash on hand, etc. 3. Debit at the time of payment: wages payable to employees-housing provident fund (unit burden) other payables-personal housing provident fund (part that employees should pay) loan: bank deposit (total payment).

When should social security and provident fund be accrued?