How to make accounting entries for social security withholding? Enquiring knowledgeable people

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How to make accounting entries for social security withholding?

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How to make accounting entries for social security withholding?
When accruing: Debit: administrative expenses - social insurance premium (enterprise part) Credit: payroll payable - social insurance premium (enterprise part) When paying: Debit: payroll payable - social insurance premium (enterprise part) Other payables - social insurance premium (individual part) Credit: when paying wages from bank deposits, Deduct the part of social security borne by individuals: Debit: payroll payable Credit: bank deposit Do you understand that?

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2024-06-12 19:00:03

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