Why do some companies go to the head office to help buy social security and reimburse themselves?

Is the branch company accounting separately? The employee's salary is not accounted by the head office, but the employee's social security is paid by the head office together, which involves personal burden. The branch company deducts it from the employee's salary separately every month and then transfers it to the head office. Actually, it is not a burden, but an advance payment.

If this is the case, then the accounting treatment of the head office should all be linked to the branch offices.

Branches make social security entries according to normal conditions, but the payment object is not the social security bureau, but the head office.

I. Entries of the Head Office:

1. When paying social insurance:

Debit: Other receivables-social security fees received in advance by branches.

Loans: bank deposits

2. Receive social security fees from branches.

Debit: bank deposit

Loans: other receivables-social security fees received in advance by branches.

Second, the branch entries

1, the company social security is accrued to form liabilities.

Borrow: management fee-social insurance fee (part borne by the company) (including pension and medical care, etc.). , should not be used as a subject to deal with welfare expenses)

Loans: Payables-Social Security

2. Deduct personal social security from employee's salary.

Debit: Payables-Wages (Personal Burden)

Debit: other receivables (wages cannot be deducted under special circumstances)

Loans: Payables-Social Security

3. Pay social security to the head office.

Debit: bank deposit

Loans: Payables-Social Security