Accounting treatment of five insurances and one gold (understand the accounting method and practice of social security provident fund)

With the development of society, five insurances and one fund have become the insurance and provident fund that every employee must pay, and it is also the law that enterprises must abide by. Then, for the accounting of enterprises, how to correctly handle the accounting of five insurances and one gold? This paper will introduce the accounting treatment method of five insurances and one gold in detail.

First, the accounting treatment of social security

1. Confirmation of social security expenses

An enterprise shall calculate the social security expenses of its employees according to the social security rate stipulated by the state, and confirm the social security expenses in the total wages of the current month. At the time of confirmation, it should be accounted for according to the subject of social security expenses, that is, lending social security expenses and lending social security funds payable.

2. Payment of social security funds

Enterprises should pay the social security fund in full and on time, and when confirming the payment, they should keep accounts according to the subject of "social security fund payable", that is, borrow the social security fund payable and borrow bank deposits.

3. Carry-over of social security expenses

The carry-over of social insurance premiums should be carried out at the end of each month. When carrying forward, it should be accounted according to social security expenses, that is, borrowing social security expenses this month and accumulating social security expenses.

Second, the accounting treatment of provident fund

1. Confirmation of provident fund expenses

The enterprise shall calculate the employee's provident fund expenses according to the national provident fund rate, and confirm the provident fund expenses in the total monthly salary. When confirming, it should be accounted according to the subject of provident fund expenses, that is, lending the provident fund expenses and lending the provident fund payable.

2. Payment of provident fund funds

Enterprises should pay the provident fund in full and on time, and when confirming the payment, they should keep accounts according to the accounts payable for the provident fund, that is, borrow the provident fund payable and borrow bank deposits.

3. Carry-over of Provident Fund expenses

The carry-over of provident fund expenses should be carried out at the end of each month. When carrying forward, it should be accounted according to the account of provident fund expenses, that is, the lent provident fund expenses this month and the accumulated lent provident fund expenses.

Three, five insurance and one gold accounting treatment

1. Confirmation of five insurances and one gold

The enterprise shall calculate the employee's expenses of five insurances and one gold according to the national rate of five insurances and one gold, and confirm the expenses of five insurances and one gold in the total salary of the month. When confirming, it should be accounted according to the cost of five insurances and one gold, that is, borrowing five insurances and one gold.

2. Pay five insurances and one gold.

Enterprises should pay five insurances and one gold on time and in full. When confirming the payment, they should keep accounts according to the subjects of five insurances and one gold payable, that is, borrow five insurances and one gold payable to make bank deposits.

3. Five insurances and one gold fee carry-over

At the end of each month, carry forward the expenses of five insurances and one gold. When carrying forward, it should be accounted according to the expenses of five insurances and one gold, that is, the expenses of five insurances and one gold lent this month are accumulated.

Fourth, the accounting treatment of settlement

In the monthly salary settlement, this month's social security, provident fund, five insurances and one gold expenses should be carried forward to the salary cost, that is, the cost of borrowing wages, the accumulated cost of social security loans, the accumulated cost of provident fund and the accumulated cost of five insurances and one gold.