The social insurance premiums paid by the unit to its employees need to be collected and calculated using the employee compensation account payable.

In the "Appendix to Accounting Standards for Business Enterprises - Accounting Subjects and Main Account Processing" issued by the Accounting Department of the Ministry of Finance, the requirements for the employee salary payable account are as follows: 2211 Employee salary payable 1. This account accounts for various salaries payable to employees by the enterprise in accordance with relevant regulations.

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The employee incentives and welfare funds withdrawn from net profits by foreign-invested enterprises in accordance with regulations are also accounted for in this account.

2. This subject should be based on "salary", "employee benefits", "social insurance premiums", "housing provident fund", "trade union funds", "employee education funds", "compensation for termination of employee labor relations", "share-based payment", etc.

Conduct detailed accounting of employee compensation items payable.

3. Main accounting treatment of employee remuneration payable (1) The enterprise pays wages, bonuses, allowances, etc. to employees in accordance with relevant regulations. This account is debited and "bank deposits", "cash" and other accounts are credited.

Various amounts deducted by the enterprise from employee salaries payable (family medicine expenses, personal income tax, etc.) are debited to this account and credited to "other receivables" and "taxes payable - personal income tax payable"

"Waiting for subjects.

When an enterprise pays employee welfare fees to employees, this account is debited and "bank deposits", "cash" and other accounts are credited.

The enterprise pays trade union funds and employee education funds for trade union operations and employee training, debiting this account and crediting "bank deposits" and other accounts.

The enterprise pays social insurance premiums and housing provident funds in accordance with relevant national regulations, debiting this account and crediting the "bank deposit" account.

The compensation provided by the enterprise to employees due to the termination of the labor relationship with employees will be debited to this account and credited to "bank deposits", "cash" and other accounts.

When an enterprise pays rent for housing and other assets for free use by employees, this account is debited and "bank deposits" and other accounts are credited.

On the exercise date, the enterprise settles the share-based payment with employees in cash, debits this account, and credits "bank deposits", "cash" and other accounts.