Which subject does the enterprise include in purchasing social security for employees? How to make an account?

Now basically all enterprises will buy social medical insurance for their employees. For accounting, many people don't know which subject to include in buying social insurance for employees. The following deep space network will explain in detail.

How to buy social security for employees?

Employees' purchase of social insurance is recorded in the subject of "Payable Staff Salary-Social Insurance Fee".

Employee social security accounting entries:

Accounting entries for paying social insurance premiums:

Debit: payables-social insurance premium (unit part), other payables-social insurance premium (individual part);

Loan: bank deposit.

Cumulative time:

Borrow: management fee-social insurance fee (unit part)

Loan: wages payable to employees-social insurance premium (unit part)

When paying wages:

Debit: Payable-Payable (Payable)

Loan: other payables-social insurance premium (personal part)

Bank deposit (paid)

Theme application

First, this course accounts for all kinds of salaries payable to employees by enterprises according to relevant regulations.

2. This course should be detailed accounting according to wages, bonuses, allowances, subsidies, employee welfare expenses, social insurance premiums, housing provident fund, trade union funds, employee education funds, compensation for the termination of employee labor relations, non-monetary benefits and other expenses related to obtaining services provided by employees.

Employee compensation

Refers to various forms of remuneration and other related expenses given by enterprises in order to obtain services provided by employees.

(1) Wages, bonuses, allowances and subsidies of employees;

(2) Employee welfare fund;

(3) Social insurance premiums such as medical insurance premium, endowment insurance premium, unemployment insurance premium, work injury insurance premium and maternity insurance premium;

(4) Housing accumulation fund;

(five) trade union funds and staff education funds;

(6) Non-monetary benefits. This means that enterprises distribute their own products or purchased goods to employees as benefits, provide their own assets or leased assets to employees free of charge, provide medical and health care services to employees free of charge, or provide employees with goods or services subsidized by enterprises.

(seven) compensation for the termination of labor relations with employees;

(8) Other expenses related to obtaining services provided by employees.