How to do the accounting for social security premium refund

Social security contributions refund, generally red-flush processing of the original accrual entries.

Accrued wages:

Borrow: administrative expenses - wages,

Loan: employee compensation payable - wages,

Payment of wages:

Borrow: employee compensation payable - wages,

Loan: bank deposits,<

Other payables-Personal social security,

Taxes payable-Personal income tax,

Payment of personal tax:

Borrow: Taxes payable-Personal income tax,

Loan: Bank deposits,

Social security accrued:< /p>

Borrow: Administrative Expenses-Social Security Unit,

Credit: Employee Compensation Payable-Social Security Unit.

When paying social security:

Borrow: Employee Compensation Payable-Social Security Unit,

Other Accounts Payable-Individual Social Security,

Credit: Bank Deposit,

When social security refund occurs,

Borrow: Employee Compensation Payable -Social security unit negative,

debt: bank deposits,

debt: administrative expenses - unit social security negative,

credit: payable to employees - social security unit negative.