Payable wages-what if there is a credit balance in the social insurance account?

A credit balance occurs, which means that social security expenses have been accrued and withheld, but have not been paid. If it has been paid, check whether it has been entered into a wrong account when paying, and then check whether the payment amount is consistent with the accrued withholding amount. Then deal with them separately according to the inspection results.

Payables-social insurance account is the collection and accounting of social insurance withdrawal, withholding and payment.

When the social insurance premium borne by the enterprise occurs, it shall be accrued, debited to each cost account and credited to this account. The personal burden of employees should be deducted from their wages, and the wages payable to employees should be debited to this account and credited to this account. When paying, debit the subject and credit the bank deposit.

In practical work, when there is a credit balance, there are often two kinds of errors:

1. Withdrawal and withholding are not handled according to the actual payment amount, resulting in a difference. This part of the difference belongs to less withdrawal and less deduction or more withdrawal and more deduction, and it is handled by voucher scarlet letter method or supplementary voucher method.

2. Other accounts are used for collection. It is common that when wages are withheld, other payables (other receivables) are used to collect money, but employees' salaries payable-social security account is used to pay, resulting in corresponding balances between the two accounts. In this case, adjustment voucher hedging can be performed.