What is the meaning of the financial account of social security?

Into the financial account means that after the social security deduction deadline, the Social Security Administration sends the total amount of social security contributions to be deducted by the employer in the month to the bank responsible for collecting social security contributions through instructions. During the period of collection by the bank, it is shown in the social security system as being in the financial account, and after the bank has successfully collected the fees, the bank will send the information back to the Social Security Administration, which will confirm the information in the social security system, and after confirming the information, it is shown as being in the financial account in the social security system.

The operation of the ledger in the Shenzhen social security system is divided into the following steps:

1. Deadline for deduction and data statistics. At 24:00 pm on the 20th of each month, the social security system cuts off social security participation for the month, and from the 21st onwards, the internal system of the Social Security Bureau carries out statistics on the details of social security contributions payable by the city's employers and the total amount of contributions. This step usually takes 1-2 working days.

2. Into the financial accounts. After the completion of the data statistics, the Social Security Bureau will send the total amount of social security contributions of each employer for the month to the consignment bank, which will receive the data and debit the fees from the employer's bank account. At the same time, the social security bureau will publish the detailed list and total amount of social security contributions made by each employer in the social security system for the month, which will be displayed in the "financial account" status, so that the employer can check the social security contributions made by the employer in the same month at any time. This step usually takes 1-2 working days.

3, has arrived. After the bank deducts the fee successfully, the information will be fed back to the social security bureau, the bureau will confirm, after confirmation, the social security system will show the "accounted for" status. At this point, the month's social security contributions have been processed.