How do enterprises make entries to help employees withhold and pay taxes and social security?

Personal social insurance withheld and remitted shall be included in the salary payable to employees-social insurance or other accounts receivable.

Social insurance generally refers to pension, medical care, work injury, unemployment and maternity insurance. According to the relevant regulations, pension and medical insurance are borne by individuals, and the rest are borne by enterprises.

Social security expenses are actually the money paid by enterprises for employees, which belongs to a kind of employee compensation, and should be accounted for by the subjects of employee compensation payable.

Withholding and remitting social security is actually the social security expenses that enterprises withhold and remit from individuals. Personal social insurance business is divided into withholding and collecting.

The first is the social security and personal burden of employees within the enterprise.

In this case, it is necessary to deduct the personal social security from the employee's salary, and at the same time, the enterprise shall bear the corresponding social security expenses of the enterprise.

In this case, the social security accounting entries are:

1, enterprise burden preparation

Borrow: management expenses (or production costs, sales expenses, etc.). , according to the employee's department)

Loans: Payables-Social Security

2. Deduct personal burden from employee's salary.

Debit: Payables-Wages

Loans: Payables-Social Security

3. Pay social security (personal burden plus company burden)

Debit: Payables-Social Security

Loan: bank deposit.

In the second case, the so-called affiliated way, the enterprise does not bear the social security expenses, and all of them are borne by the individual. Individuals pay social security to enterprises in full every month, and enterprises pay social security bureau on behalf of individuals. In fact, this situation is that the individual has nothing to do with whether the employee is an enterprise employee, so it is not necessary to calculate the wages payable by the employee, but to calculate other receivables (pay first and then collect) or other payables (pay first and then pay); Accounting treatment accounting entries are:

1. Accept personal social security.

Borrow: bank deposit (or cash on hand)

Loan: other payables-payment of social security

2. When paying

Debit: Other payables-payment of social security fees.

Loans: bank deposits

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.