What about the personal social security account?

1. When an enterprise accrues social insurance premiums:

Borrow: management fee

Loan: wages payable to employees.

Payable staff and workers-social insurance premium (unit part)

2. When paying wages:

Debit: Payables-Wages

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

bank deposit

3. When paying social insurance premiums:

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

Other receivables-social insurance premium (personal part)

Loans: bank deposits

Social insurance premium refers to the fees paid by employees and employers to social insurance management institutions in accordance with the prescribed amount and time limit in the process of raising social insurance funds, and it is also the most important source of social insurance funds. Social security paid by enterprises for employees, including the part undertaken by units and the part withheld and remitted by individuals, should be accounted for by two subjects: "Payables to employees" and "Other receivables".