Accrual of accounting entries of social security expenses this month

The accrual of accounting entries of social security expenses this month refers to the process of accounting treatment according to the actual social security expenses payable by enterprises and the provisions of accounting standards and accounting systems.

I. Provision and accounting of social security expenses

In the daily operation of enterprises, the provision of social security expenses is an important part of financial work. Social security expenses include pension insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. These expenses are borne by enterprises and employees in accordance with national and local regulations. Therefore, in accounting, we should correctly calculate and calculate these expenses.

Second, the preparation of accounting entries

1. Withdraw the social security expenses that the enterprise should bear.

Debit account: management expenses/sales expenses/manufacturing expenses, etc. (determined according to the department or business type of social security expenses)

Credit account: Payable staff salaries-social security expenses (part borne by enterprises)

This entry reflects the expenses incurred by the enterprise due to employee social security and is included in the current profit and loss.

1. Extract the social security expenses that employees should bear.

Debit Account: Payables-Payroll

Creditor's account: Payable staff salaries-social security fees (individual contributions)

This entry reflects the social security expenses withheld and remitted from employees' wages, and it is separated from the wages payable for subsequent processing.

1. Social security fees actually paid.

When the enterprise actually pays the social security fee, the accounting entries are as follows:

Debit account: Payable staff salaries-social security expenses (enterprise+individual)

Credit account: bank deposit

This entry reflects the process of the enterprise actually paying the social insurance premium, and transfers the payable social insurance premium to the bank deposit account to complete the fund settlement.

Third, matters needing attention

When compiling accounting entries for social security expenses, we need to pay attention to the following points:

1. Ensure that the provision and accounting of social security fees meet the requirements of national and local laws and regulations;

2. According to the actual situation of the enterprise and the provisions of accounting standards, choose the appropriate accounting subjects;

3. Ensure the accuracy and completeness of accounting entries and avoid problems such as omissions and miscalculations;

4. Regularly check and review social security expenses to ensure the compliance and accuracy of accounting treatment.

To sum up:

The accrual of accounting entries for social security expenses this month is an important part of enterprise accounting, which needs to be handled correctly in accordance with accounting standards and accounting systems. When compiling accounting entries, we need to pay attention to the provision, accounting and payment of social security fees to ensure the accuracy and compliance of accounting treatment.

Legal basis:

People's Republic of China (PRC) accounting law

Article 9 provides that:

All units must conduct accounting according to actual economic and business matters, fill in accounting vouchers, register accounting books and prepare financial and accounting reports.

Article 10 stipulates:

The following economic and business matters shall go through accounting procedures and conduct accounting:

(1) Receipt and payment of currency and securities;

(two) the receipt, increase or decrease and use of the property;

(3) The occurrence and settlement of creditor's rights and debts;

(4) Increase or decrease capital.

(5) Calculation of income, expenditure, expenses and costs;

(six) the calculation and processing of financial results;

(seven) other matters that need to go through accounting procedures and conduct accounting.

Accounting Standards for Business Enterprises

Article 25 provides that:

An enterprise shall carry out accounting recognition, measurement and reporting in accordance with the accrual basis principle.