What should a difficult enterprise do if it receives the social security fee and returns the accounting entries?

When enterprises meet certain conditions, they can enjoy the adjustment of social insurance payment base according to regulations. For enterprises in difficulty, how to make accounting entries when receiving social insurance premiums returned due to the adjustment of social insurance payment base?

Accounting Entries of Difficult Enterprises Receiving Social Security Rebates

Debit: bank deposit

Loan: non-operating income-government subsidy

Accounting entries of social security fee refund

If you receive a refund from the social security rate adjustment, it will be the expense recorded before accounting treatment.

Debit: management fee-enterprise part of social security fee (amount written off in red)

Debit: bank deposit

Other accounting entries about social insurance premiums

1, accounting entry of social security refund

Borrow: management fee

Loans: bank deposits

When making a refund, make the opposite entry:

Debit: bank deposit

Loan: management fee

2. Pay the accounting entries returned by social security.

Debit: bank deposit

Loan: management fee-social security fee

3. Return the accounting entries of overpaid social security expenses to employees: when drawing wages, offset the overpaid social security expenses according to the entries and send them to employees.

Deduct personal burden social security:

Debit: Payable employee salary-the salary amount is personal social security.

Loan: salary payable to employees-social security amount is personal social security.

When the overpaid social security fee is returned to the employee from the salary,

Debit: Payables-Payables (Payables)

Loan: other receivables (payment)-social security (personal part)

Taxes payable-personal income tax payable

Cash on hand/bank deposit

What is non-operating income?

It is other benefits besides the main business income of the enterprise, in other words, income that is not within the business scope of the enterprise business license and has no direct relationship with the normal business of the enterprise. It is a credit account, which is reflected in the income statement, but it does not affect the operating profit of the enterprise. In actual business, the common ones are: debt restructuring income, disk income, government subsidies, donation income and so on.