How to make the entry of social security deferred payment

The entry method of social security deferred payment is as follows:

1. Borrow: management fee-social insurance premium (unit part), and loan: salary payable to employees-social insurance premium (unit part);

2. When paying wages: debit: salaries payable to employees-wages (payable amount), credit: other payables-social insurance premiums (personal part), and credit: bank deposits (paid amount).

Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

Legal basis: Article 10 of the Social Insurance Law.

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.