What about the personal social security account?

Individual social security accounts are as follows:

The personal part of social security is also borne by the company, and the personal part of social security is also borne by the company. It cannot be deducted before the enterprise income tax, and tax should be added when it is settled. Social security expenses, loans and social security expenses accrued by the company, employee salaries-social security expenses, loans and personal parts, loans and bank deposits shall be paid when paying social security expenses.

Measures for the collection of social insurance premiums:

1, proportional insurance system. This method is based on the wage income of the insured, and a certain proportion is stipulated to collect insurance premiums. Adopting the proportional system, the initial main purpose of social insurance is to compensate the income lost by the insured in risk accidents in order to maintain their minimum living. Therefore, we should refer to his usual income, on the one hand, as a standard to measure payment, on the other hand, as the basis for premium calculation.

2. Equal insurance premium system. That is, regardless of the income of the insured or his employer, the insurance premium of the same amount should be charged. The advantages of this system are simple calculation and easy to be universally realized. Moreover, in countries that collect insurance premiums in this way, the payment system is generally divided equally, which has the significance of equal income and expenditure. But its defect is that low-income people and high-income people pay the same premium, which is obviously unfair in terms of affordability.

To sum up: the personal part of social security paid by enterprises for employees should be accounted for through the subject of "other receivables". Social insurance premium refers to the fees paid by employees and employers to social insurance management institutions in accordance with the prescribed amount and time limit in the process of raising social insurance funds, and it is also the most important source of social insurance funds.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 61

Social insurance premium collection agencies shall collect social insurance premiums in full and on time according to law, and regularly inform employers and individuals of the payment.

Article 62

If the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the unit last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.

Article 63

If the employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up within a time limit.