The social security paid by the unit shall be accounted for by the subject of "Payable Staff Salary". Take the salesperson as an example. The specific items are as follows:
(1) When drawing wages:
Debit: Selling expenses-salary
Sales expenses-social insurance premium and provident fund (the company will bear the part)
Loans: Payables-Wages
Payable staff and workers-social insurance premium and provident fund
(2) When paying wages:
Debit: Payables-Wages
Loans: bank deposits
Taxes payable-personal income tax payable
Other receivables-social insurance premium and provident fund (employee share)
(3) When paying social security and individual tax:
Borrow: Payable staff salaries-social insurance premium and provident fund (company share).
Other receivables-social insurance premium and provident fund (employee share)
Taxes payable-personal income tax payable
Loans: bank deposits
How should the company calculate the payment base when helping employees pay social security?
The social security payment base is calculated according to the local average social wage in the previous year.
The employee payment base is approved according to the average monthly salary of the previous year; The newly-established employees and newly-added employees of the employing unit shall be approved according to their salary in the month when they join the company. I last year's average monthly salary or starting monthly salary is lower than 60% of the average monthly salary of employees in the city last year, which is approved according to 60% of the average monthly salary of employees in the city last year; More than 300% of the average monthly salary of employees in the city last year, according to 300% of the average monthly salary of employees in the city last year. How to determine the payment base of social insurance units?
The total wages of enterprises included in the cost and the total wages of individuals are different categories.
Total wages (including wages, bonuses, allowances, etc.). Enterprises included in the cost include social security funds (pension funds, retirement funds, medical insurance, unemployment insurance premiums), housing accumulation funds, medical expenses paid for retired employees, various funds, trade union funds, employee education fees and other welfare funds.
Generally, the total wages of individuals are wages, bonuses and allowances, and the pension insurance, unemployment insurance and provident fund paid by individuals are the total wages paid. The total personal salary here is the basis of enterprise accounting.
Personal insurance premiums withheld and remitted by the company are also included in the company's total wages.
How does the company handle the accounts when it helps employees pay social security?