whether wages are accrued or not, they should be summarized into the accounts payable to employees. When paying wages, the accounting entries are:

Debit: employees' salary payable loan: bank deposit/cash on hand

Employees' salary payable refers to various forms of remuneration and other related expenses given by enterprises in order to obtain services provided by employees.

Employee compensation mainly includes the following aspects:

1. Wages, bonuses, allowances and subsidies;

2. Welfare expenses (including monetary welfare and non-monetary welfare);

3. "Five insurances and one fund" refers to the social insurance premium paid by the enterprise to the relevant departments for employees and the employee housing accumulation fund paid for employees;

4. Trade union funds and education funds refer to the trade union funds that enterprises with trade union organizations should withdraw according to the regulations and all kinds of training expenses that employees should bear when receiving education;

5. Compensation and related expenses.

payroll account payable to employees:

1. Account nature: liability account,

2. Account purpose: used to calculate the salary paid to employees by enterprises according to relevant regulations. The employee rewards and welfare funds extracted from the net profit by the enterprise according to the regulations are also accounted for in this account.

3. Account structure: the credit record is increased, and various salaries payable to employees in this period are registered; Debit records are reduced, and various salaries actually paid are registered. The balance at the end of the period is generally in the credit, indicating all kinds of salaries that have not been paid to employees.

4. Detailed account: Salary, employee welfare, social insurance, housing accumulation fund, trade union funds and employee education funds should be set for accounting.