How does the company pay the social security accumulation fund?

The company can pay social security by swiping the card in the social security hall, or fill in the social security declaration form at the electronic tax bureau to declare and pay social security fees. The provident fund can be transferred to the provident fund management center through corporate online banking.

Accrual:

Borrow: management fee-unit social security fee,

Borrow: management expenses-unit provident fund,

Loan: wages payable to employees-unit social security fee,

Loan: wages payable to employees-unit provident fund,

Pay wages,

Debit: accounts payable-wages,

Loans: other receivables-personal social insurance premiums,

Loans: other receivables-personal provident fund,

Loans: bank deposits,

Hand it in,

Borrow: Payable employee salary-social insurance premium of the unit, etc.

Debit: Payable to employees-unit provident fund,

Debit: other receivables-personal provident fund,

Debit: other receivables-personal social insurance premium,

Loan: bank deposit.