How to collect social security accounts?

People who have nothing to do with the company pay social security fees through the company, which can generally be recorded in two ways:

1, independent account,

Cash received:

Borrow: cash

Credit: other payables

Payment of social insurance:

Debit: Other payables

Credit: cash

2. Together with the company's social security account number.

Cash received:

Borrow: cash

Loans: Payables-Social Security

Pay social security

Debit: Payables-Social Security

Credit: cash

Note: The collection and payment on behalf of others has nothing to do with the cost account, so it does not need to be recorded in the cost account like management expenses.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.