How to get a refund for overpayment of social security

When you receive a refund for a social security rate adjustment, the accounting is to write off the previously recorded expense.

If you receive a $100 refund of social security premiums, the accounting entries are as follows:

Borrow: Administrative Expenses - Corporate portion of social security premiums - 100 (red)

Borrow: Bank Deposits 100

This eliminates the previous month's administrative expenses.

Other accounting entries on the social security situation:

1, social security refunds how to make an entry

Monthly accounting entry is, debit: administrative expenses, credit: bank deposits, refund, is not the opposite, that is, debit: bank deposits, credit: administrative expenses

Payment of social security payments made when the entry, the refund of the debit for the section Negative numbers are possible.

2, the payment of social security return accounting entries:

Do the opposite entries back on it. The original borrowing: administrative expenses - social security fees, credit: bank deposits, flushed back borrowing: bank deposits, credit:

Administrative expenses - social security fees.

3, the social security premiums accounting entry: this accounting entry is divided into two cases:

The first type of refund is the enterprise to pay social security contributions, the current year, credit "administrative expenses" and other subjects; the previous year, credit "prior years adjustments to profit and loss "

The second type of refund is the payment of social security contributions by enterprises.

The second type of refund is a personal contribution to social security, it is credited to "other accounts payable - personal contribution to social security"

4, the return of more deductions to the employee's social security contributions to the accounting entries: according to do the payroll accruals when the entry to the red more deductions to social security, and issued to the hands of the employees.

Accounting for wages and social security deductions should be made as follows:

Wage cost = wages payable + the company's burden of social security = (wages + personal burden of social security) + the company's burden of social security

Accounting for wages:

Borrowing: Costs and expenses amounting to the cost of wages

Loan: Salary Payable - Salary Amounting to Salaries Payable

Credit: Employee compensation payable - social security amount for social security borne by the company

Deduction of social security borne by individuals

Borrow: Employee compensation payable - salary amount for social security borne by individuals

Loan: Employee compensation payable - social security amount for social security borne by individuals

Returning over-deducted social security premiums from salary to employees

Borrow: Employee compensation payable - -Salary (payable)

Credit: Other receivables (payable) - Social Security (personal portion) (red) (refunded amount)

Other receivables (payable) - Social Security (personal portion) (black) (normal deduction)

Taxes and expenses payable - personal income tax payable

Cash on hand (bank deposits)

When accruing salaries

Borrow: administrative expenses and other accounts - wages (payable)

Loan: payable employee compensation - wages (payable)

The entry is borrow: administrative expenses - employee wages

Loan: bank deposits

5, social security money refunded to the social security account accounting entries:

Payment of

Borrow: administrative expenses - labor insurance

Other payables - individuals bear the labor insurance

Credit: bank deposits

Return to overpayment, of course, do the red entry can be

Borrow: administrative expenses - labor insurance - 5294

Other payables - individuals bear the labor insurance

Borrow: bank deposits 6022

Return to the individuals

When the money is returned to the social security account

Accounting for social security

When the money is returned to the social security account

Borrow: other payables - labor insurance borne by individuals 728

Credit: cash on hand 728

I hope this will help you.

Social security money returned to the social security account should be accrued as, debit other receivables, credit bank deposits.

Social insurance premiums refers to the process of social insurance fund, employees and employers in accordance with the amount and period of time to the social insurance administration to pay open to move the front of the plant he Bangtong Baoqiao, it is the most important source of social insurance fund, can also be considered to be the insurer of social insurance (the state) in order to assume the legal responsibility for social insurance, and to the insured (employees and employers) collected from the insured (employees and employers).

Social security costs are accounted for by the pooling of compensation payable to employees - social security contributions, which consists of two parts, one for the enterprise and one for the individual.

Under normal circumstances, the part borne by the enterprise is accrued in the same way as wages, and is debited to the account of costs and expenses, and credited to the account of payable remuneration - social security. The part of personal burden is deducted from personal salary and transferred from the account of payable employee remuneration - salary to the account of payable employee remuneration - social security.

The social security premiums paid by a separated employee, if determined to be borne by the employee himself, when his salary has not yet been paid, the full amount will be deducted from the payable employee's salary and transferred to the payable employee's salary - social security account. When their wages have been paid, the need for the employee to pay another payment, it should be transferred to other receivables account, to recover the payment of the departing employee, credit other receivables can be.

6, the month of social security contributions, received insurance refunds, directly offset social security accounting entries:

Company paid social security 4111, personal payment of social security 1406, bank deductions 5477, received health insurance refunds 40 (directly offset part of the social security)

Social security unit part of the 4111, the individual part of the 1406, the bank deductions are just a combination of. Refunds are counted in the giving portion.

6, social security payment after the accounting entries:

First of all, the unit in the preparation of payroll:

Borrow: payable employee compensation - payable wages

Loan: other payables - employee wages Deduction of social insurance premiums (basic pension insurance, unemployment insurance, basic medical insurance, the individual's share of major medical benefits);

credit: other payables - employee wages deduction of housing provident fund

credit: payable taxes - -Personal Income Tax Payable -Personal (Salary) Income Tax Payable

Credit: Bank Deposit

The accounting treatment of the unit after the payment of social security for the employees is:

Borrow: Employee Compensation Payable - -payable social insurance premiums (basic pension insurance, unemployment insurance, basic medical insurance, industrial injury insurance, maternity insurance and other line items);

Borrow: other payables - employee salary withholding social security premiums (basic pension insurance, unemployment insurance, basic medical insurance, the personal burden of the medical benefits for major illnesses);

credit: bank deposits

At the end of the month, the social security premiums borne by the unit will be transferred to the administrative expenses - employee compensation - social insurance premiums

borrow: administrative expenses --Corporate expenses --Employee remuneration --Social insurance premiums (can also set up subordinate line items)

Credit: Employee remuneration payable --Social insurance premiums payable (payable to a bank deposit) -Social insurance premiums payable (basic pension insurance, unemployment insurance, basic medical insurance, industrial injury insurance, maternity insurance and other line items);

After the unit pays the housing provident fund for the employees:

Borrow: Employee compensation payable - payable housing provident fund

< p>Borrow: other payables - employee salary withholding housing fund

Credit: bank deposits

At the end of the month, the unit's share of the housing fund will be transferred to the administrative expenses - employee compensation - -Housing Provident Fund

Borrow: Administrative Expenses - Company Expenses - Employee Remuneration - Housing Provident Fund

Credit : Employee Remuneration Payable - Housing Provident Fund

When the unit pays the personal income tax withheld in the previous period in the current period:

Borrow: Taxes payable - Personal Income Tax Payable -

Credit: bank deposits

Debit: fixed factory fins broken Yandeng worry coupon pass sly management expenses - social security fees

Other receivables - personal social security part

Credit: bank deposits

This is the first time that a social security system has been used to pay a social security fee. >7, social security money back in the social security account accounting entries:

Payment of social security: debit: administrative expenses other receivables credit: cash / bank deposits payroll, debit: payable to employees credit: cash / bank deposits other receivables

8, the company to pay social security accounting entries: payment:

debit: payable to employees remuneration - social security contributions ( unit part)

Other receivables (payments) - social insurance premiums (personal part)

Credit: bank deposits

Accrued

Borrow: administrative expenses - social insurance premiums (unit part)

Credit: payable remuneration - social insurance premiums (unit part)

Payment of salary:

When paid:

Debit: Employee compensation payable - wages (payable)

Loan: Other receivables - social insurance premiums (personal part)

Cash on hand (paid)

When wages are paid in the following month:

Debit: Salaries payable

Loan: Other receivables - Withholding and payment of social security of the employees (the enterprise) Advance the employee's personal contribution)

Loan: cash or bank deposits

Social security payments for employees can be deducted before tax:

Borrow: administrative expenses-social security fees

Other payables-withholding social security fees

Loan: bank deposits

The entry for retroactive withdrawals is the same as the above, you just need to state it in the summary You just need to state it in the summary.

The following month when the wages are paid:

Borrow: wages payable

Loan: other receivables - withholding and payment of employees' social security (the enterprise advances the employee's personal part of the contribution)

Loan: cash or bank deposits

Payment of social security for the employees can be deducted before the tax:

Borrow: management expenses

Other Payables - Withholding of Social Security Fees

Credit: Bank Deposits

Other Payables - Withholding of Social Security Fees is the portion of the employee's personal contribution that is deducted from his/her paycheck.

9, the Social Security Administration refund accounting entries:

Returned credit to the account that was debited at the time of payment. If the balance of the account at the end of the month is a credit, the statement of the project if you need to reflect a separate statement, you can enter a negative number. The project statement if you do not need to reflect separately, can be supplemented by Dan Diankan Jan spun Temple of the corpse east built offset other expenditure items. Only need to do according to the actual payment, the month does not pay fees do not have to do the accounts, the end of the year the total number of this expense account with the same as the return and re-payment. According to the actual amount of fees paid to do the accounts.

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