How to calculate the overpayment returned by the Social Security Bureau? How to make accounting entries?
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 Letter) (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. In the previous year, the previous year's profit and loss adjustment was used as a credit account, and then carried forward in the profit distribution account. When returning the social security funds paid by individuals, other payables-social security funds paid by individuals should be taken as credit subjects.
Introduction to social insurance
1. Social insurance mainly includes endowment insurance, industrial injury insurance, maternity insurance, medical insurance and unemployment insurance.
2. Social insurance is a social system that provides corresponding income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.
3. The social insurance plan is organized by the government, which is a redistribution system, and its function is to ensure the reproduction of materials and labor and social stability.
4. If the insured meets certain conditions, he can get compensation for fixed income or loss from the fund. The standard for determining the insurance premium rate must be based on the probability of various risk accidents.