Is social security fee management fee or cost?

1. The social security paid by the company cannot be fully included in the management fee. What the company should pay by the individual is actually to pay the employees again. Therefore, this part of the expenditure should be reflected in the wages payable to employees, and finally included in the cost through carry-over or withdrawal.

2. Distinguish between managers and production workers, and then count them into management expenses and production costs. There are several entries in social security. According to the new accounting standards for enterprises, social insurance has been clearly stipulated, and the social insurance premiums paid by enterprises for employees are recorded in employee salaries-social insurance accounts payable.

Legal basis: Article 7 of Accounting Standards for Enterprises No.9-Remuneration of Employees stipulates that social insurance premiums and housing accumulation fund such as medical insurance premiums, work injury insurance premiums and maternity insurance premiums paid by enterprises for employees, as well as union funds and employee education funds withdrawn according to regulations.

During the accounting period when employees provide services for them, the corresponding employee compensation amount is calculated and determined according to the prescribed accrual basis and accrual ratio, and the corresponding liabilities are confirmed and included in the current profit and loss or related asset cost.

Extended data:

Article 12 of the Accounting Standards for Business Enterprises stipulates that an enterprise shall make accounting confirmation, measurement and report according to the actual transactions or events, truthfully reflect all accounting elements and other relevant information that meet the requirements of confirmation and measurement, and ensure the truthfulness, reliability and completeness of accounting information.

Social security paid by enterprises should be classified according to the nature of their departments. For example, production enterprises can reasonably divide management expenses, manufacturing expenses and sales expenses according to different personnel departments. The wages, welfare and social security of the personnel in the production department are included in the manufacturing expenses; The salary, welfare and social security of the sales department personnel are included in the sales expenses; Salaries, welfare and social security of middle-level and above personnel in various departments are included in management expenses.

The entry of social security should be included in the management fee-labor insurance fee, which is divided into endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. The part that should be borne by employees is included in the wages payable, which constitutes the total salary income of employees.

Baidu Encyclopedia-Accounting Standards for Enterprises

Baidu Encyclopedia-Accounting Standards for Business Enterprises No.9-Employee Compensation

Baidu encyclopedia-management fee