How to calculate the overpayment and interest of social security fund?

How to calculate the overpayment and interest of social security fund?

Borrow: management fee-social security fee

Other receivables-social security for employees

Loans: bank deposits

When the overpaid social security fee is returned from the salary, the accounting entries are as follows:

Debit: Payables-Payables (Payables)

Loan: Other Receivables (Payment)-Social Security (Personal Part) (Red) (Refund)

Other receivables (payment)-social security (personal part) (black) (normal deduction)

Taxes payable-personal income tax payable

Cash on hand (bank deposit)

When the wages are accrued, the accounting entries are as follows:

Debit: management expenses and other subjects-salary (payable)

Loans: Payables-Payables (Payables)

If the social security fund paid by the enterprise is returned, it can be credited to the management expense account in the current year. The profit and loss adjustment of the previous year is used as a credit account and will be carried forward in the profit distribution account in the future. If the social security fund paid by individuals is returned, other payables-social security fund paid by individuals should be taken as the credit account.

Debit: bank deposit

Loan: non-operating income.

When paying: subjects such as management expenses or production costs: cash on hand or bank deposits.

In social security, the money in the personal account of endowment insurance bears interest, which is calculated according to the bookkeeping interest rate of the personal account of employee endowment insurance.

How to make an account for receiving unemployment insurance money returned by the Social Security Bureau?

Unemployment benefits have been deducted from the company's salary, and now the accounting treatment for returning employees is:

1. Write-off of overpaid wages:

Debit: Overhead-Salary (Red)

Loan: Payable to employees (red)

2, rushed back to deduct unemployment benefits:

Debit: Payables (red)

Loans: Other Receivables-Social Security (Red)

3. When returning employees:

Debit: other receivables-social security

Loans: bank deposits