Accounting treatment of occupational security subsidies for paying social insurance

When receiving job security subsidies:

Debit: bank deposit,

Loan: deferred income-job security subsidy,

When social security expenditure occurs:

Borrow: management fee-pay social insurance premium

Loans: bank deposits

Meanwhile:

Borrow: deferred revenue-stable post subsidies,

Loan: non-operating income-government subsidy profit,

In order to ensure the stability of the overall social situation and the rights and interests of employees in enterprises, the national government has issued a policy to stabilize the workforce, and actively adopted measures such as skill training, job transfer, shift work and wage negotiation to encourage enterprises to try not to lay off employees in the process of adjusting and optimizing the industrial structure, so as to stabilize their jobs with fewer layoffs.