How to do the accounting entries of social insurance companies and individuals?

1. Entries when social security expenses are accrued:

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

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

2. Entries when actually paying social security fees:

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

Debit: other receivables (payment)-social insurance premium (personal part)

Loans: bank deposits;

3. Wages actually paid:

Debit: payable-salary (payable),

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

Loan: Bank deposit/cash on hand (actual amount).

Extended data:

Social insurance premium refers to the fees paid by employees and employers to social insurance management institutions in the process of raising social insurance funds, which is the most important source of social insurance funds.

It can also be regarded as the fees charged by the insurer (country) of social insurance to the insured (employees and employers) for assuming legal social insurance responsibilities.

The main body of cost sharing is the state, enterprises and individuals.

The different combinations of these three subjects have produced many ways of sharing expenses. Even in the same country, different social insurance projects may adopt different insurance cost sharing methods, in which employers and employees pay the fees, and the government bears the ultimate responsibility.

In the method of sharing insurance costs between employers and employees, several situations can be subdivided:

1. Equal rate sharing system

2. Rate differential sharing system

3. Proportional progressiveness

The insured unit shall pay the social insurance premium in full in cash within 3 days after the social insurance agency approves its payment declaration.

Payment methods of social insurance can be roughly divided into three categories:

1, pay in your own bank;

2. Pay by cheque or cash to the social insurance agency;

3, other ways agreed with the social insurance agency.

Insured units and individuals can adopt different payment methods according to their actual conditions.

The sources of social insurance funds in China can be roughly divided into four aspects:

(a) the insurance premium paid by the insured according to a certain proportion of his wage income (if the wage income cannot be determined, it shall be calculated according to the average wage of the employees);

(two) the insurance premium paid by the insured unit according to a certain proportion of the total wages of its employees;

(three) the government's financial subsidies to the social insurance fund;

(4) Bank interest or investment returns from social insurance funds and social donations, etc.

Social insurance funds mainly include five categories,

They are: basic endowment insurance fund, basic medical insurance fund, industrial injury insurance fund, unemployment insurance fund and maternity insurance fund.

All social insurance funds shall be accounted for according to the types of social insurance, and a unified national accounting system shall be implemented.

Social insurance funds shall be earmarked for special purposes, and no organization or individual may occupy or misappropriate them in any form.