How to withdraw social security?

Borrow: management fee

selling cost

production cost

cost of production

construction in progress

Loans: payable to employees-social insurance (part undertaken by enterprises)

When withholding social security paid by individuals

Debit: Payables-Wages

Loan: other payables-social insurance (personal burden)

When paying social insurance

Borrow: Payable to employees-social insurance (part undertaken by enterprises)

Other Payables-Social Insurance (Personal Part)

Loan: bank deposit/cash

Legal basis: Article 27 of the Social Insurance Law of People's Republic of China (PRC) stipulates that workers and employers may apply for mediation and arbitration and bring a lawsuit in accordance with the provisions of the Labor Dispute Mediation and Arbitration Law of People's Republic of China (PRC) and the Regulations on Handling Labor and Personnel Disputes.

If an employee thinks that the employer fails to pay social insurance premiums in full and on time and infringes on his social insurance rights and interests, he may also request the social insurance administrative department or the social insurance premium collection agency to deal with it according to law. The administrative department of social insurance or the collection agency of social insurance premium shall handle it in accordance with the relevant provisions of the Social Insurance Law and the Regulations on Labor Security Supervision. In the process of handling, if the employer raises an objection to the labor relationship between the two parties, the social insurance administrative department shall continue to handle it after finding out the relevant facts according to law.