If social security is paid first and wages are deducted later, other receivables will be used. But most of them are from other payables.

the Ministry of finance has revised the accounting standards for business enterprises No.9-employee compensation (Cai Shui [214] No.8, hereinafter referred to as the "new standards"), and it has been implemented in all enterprises that implement the accounting standards for business enterprises since July 1, 214, encouraging enterprises listed overseas to implement them ahead of schedule.

Extended information:

The new criterion stipulated in Article 7: An enterprise shall pay medical treatment, work injury insurance, maternity insurance and other social insurance and housing accumulation funds for the insurance premiums paid by its employees, and draw out the trade union and employee education funds according to the rules. During the accounting period when employees provide services, it shall calculate and determine the corresponding compensation amount according to the basic provisions and the specified proportion, and confirm the corresponding liabilities, which shall be included in the current cost or the profit and loss of related assets.

according to the accounting standards for business enterprises, social insurance borne by individuals should be included in the subject of "other payables-social insurance premiums (pension, medical care, unemployment insurance)", and the unit should bear part of the subject of "compensation payable to employees-social insurance premiums". For the convenience of understanding, only the accounting process of pension, medical care and unemployment insurance is listed, and the housing accumulation fund is treated with reference to it.