How to calculate the social insurance of public institutions

The social insurance of public institutions should be included in the accounting of employees' salaries and business expenses-basic expenses. The accounting entries are as follows:

1. Should be timed:

Debit: business expenditure-basic expenditure-salary

Loans: Payables-Wages

Payables-Social Security (Personal Part)

2. In terms of salary payment:

Debit: Payables-Wages

Loans: bank deposits

3. When paying social insurance:

Debit: Payable to employees-social security (personal part)

Business activity expenses (this is the part paid by the social security unit)

Loans: bank deposits

The part of social security units paid by institutions does not need to be accrued, but can be included in the business activity expense account when paying.

The above is all the answers to "How to calculate and make accounts for social insurance in public institutions".