Job Recruitment Website - Social security inquiry - How to account for the social security withheld by the company for employees?

How to account for the social security withheld by the company for employees?

Social security accounting entries withheld by the company for employees:

When handing in:

Debit: other receivables-personal social insurance premium,

Borrow: Payable staff salaries-social security fees,

Loans: bank deposits,

Deduction when paying wages:

Debit: accounts payable-wages,

Loans: other receivables-personal social security fees,

Loans: bank deposits,

Personal social security expenses are included in the salary.

Debit: overhead-salary,

Loan: Payables-Wages,

Extract the unit social security fee,

Borrow: management fee-social security fee,

Loans: wages payable to employees-social insurance premiums.