How to pay wages, social security, meals, personal income tax account treatment?

The main accounting treatment of the labor dispatch company:

1. Receive the labor fee and issue an invoice

Borrow: Bank Deposit

Loan: Income from Main Business

2. Accrue the wages of the labor dispatchers and the social security and housing provident fund borne by the enterprise

Borrow: Cost of Main Business

Loan: Remuneration Payable to Employees -Salary

Other payables-Social security (paid by the enterprise)

Other payables-Housing fund (paid by the enterprise)

3. Payment of wages to dispatched workers

Borrow: Employee compensation payable -Wages

Credit: Cash on hand

Other payables - social security, etc. (personal social security and provident fund)

Taxes payable - personal income tax (3500 and personal social security can be deducted)

4. Payment of social security and provident fund

Borrow: other payables - social security, etc.

Credit: bank deposits

5, business tax and surcharges (based on the difference, i.e., labor income minus the cost of labor and social security payments)

Borrow: business tax and surcharges

Credit: taxes payable - business tax

Tax payable - personal income tax (you can deduct 3500 and personal social security) Business Tax

Taxes Payable - Urban Construction Tax

Taxes Payable - Education Surcharge

The taxable base of business tax is the balance of all the money collected from the labor-using units minus the wages and social security transferred to the labor force.

6. Payment of wages and expenses to the personnel of the enterprise

Borrow: administrative expenses - wages / office expenses, etc.

Credit: Employee's compensation payable - wages or cash on hand / bank deposits

7. End-of-period carry-forward

Borrow: Profit for the year

Credit: Cost of main operations

Credit: Cost of main operations

Credit: Main operating costs

Administrative expenses

Business taxes and surcharges

Borrow: main business income

Credit: profit for the year