What is social security payment in the cash flow statement?

Social security belongs to "cash paid to and for employees" in the cash flow statement.

"Cash paid to employees" includes the following three aspects!

First, the cash actually paid by the enterprise to and for employees, such as wages, bonuses, various allowances and subsidies.

Second, social insurance funds such as pension, unemployment, supplementary pension insurance and housing accumulation fund paid by enterprises for employees.

Personal income tax withheld and remitted by enterprises for employees is also reflected in this project.

The cash flow statement is a financial statement that reflects the cash changes of an organization in a certain period of time, and reflects the influence of operating activities, investment activities and financing activities on its cash and cash equivalents in a certain period of time. It is one of the three basic financial statements.

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. Main items: old-age insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.