Is the provision of social security a unit part or an individual part?

Social security is part of the company when it is accrued, and the personal part is generally included in other receivables or other payables. The specific entry is,

1. The accounting entries that should be timed are,

Borrow: management fee-social insurance fee (unit part),

Loan: wages payable to employees-social insurance premium (unit part).

2. The entry at the time of payment is,

Debit: Payable staff salary-social insurance premium (unit part),

Other receivables (payment)-social insurance premium (personal part),

Loan: bank deposit/cash.

3. When paying wages, make the following entries.

Debit: payable-salary (payable),

Loan: other receivables (funds)-social insurance premium (personal part),

Bank deposit/cash (actual amount). The payment base of social security refers to the wage base used by enterprises or employees to calculate and pay social insurance premiums. This base multiplied by the prescribed rate is the amount of social insurance premiums that enterprises or individuals should pay. Local social security payment bases are linked to local average wage data. According to the average monthly income of all employees' wage income from June 65438+ 10 to June 65438+February of the previous year. Once a year, no longer within one year.

Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

In China, social insurance is an important part of the social security system, occupying a core position in the whole social security system.

legal ground

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

Article 58 An employing unit shall, within 30 days from the date of employment, register social insurance for its employees. If it fails to pay within the time limit, the social insurance agency shall verify the social insurance premium it should pay. Unemployed individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall go to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number, which is a citizen's identity number.