Job Recruitment Website - Social security inquiry - Sub-ledger of social security wages payable

Sub-ledger of social security wages payable

Insurance Bian Xiao helps you answer, and more questions can be answered online.

Accounting entries for employee compensation and social security payable:

1. When the salary is accrued:

Debit: Overhead-Salary

Loans: Payables-Wages

2. When paying wages:

Debit: Payables-Wages

Loans: bank deposits

Other receivables-social security (personal part)

Taxes payable-personal income tax

3. When paying social insurance:

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

Other receivables-social security (personal part)

Loans: bank deposits