Accounting entries for paying social insurance premiums

1. When an enterprise pays social insurance premiums, the accounting entries are:

Debit: Payable staff salaries-social insurance premium (unit part)

Other receivables-social insurance premium (personal part)

Loans: bank deposits

2. When an enterprise accrues and pays social insurance premiums, the accounting entries are as follows:

Debit: management fees, etc. (credited to the corresponding account according to the employee department)

Loan: wages payable to employees.

Payable staff and workers-social insurance premium (unit part)

3. When an enterprise pays wages, the accounting entries are as follows:

Debit: Payables-Wages

Loan: other receivables-social insurance premium (personal part)

bank deposit

When enterprises pay social insurance premiums, they should be included in the "management expenses" or related subjects according to the departments to which employees belong. The social security paid by enterprises for employees, including the part undertaken by units and the part withheld and remitted by individuals, should be accounted for respectively through the two subjects of "salary payable to employees" and "other receivables".