I work in a travel company, and several old employees buy insurance for their families here. How should I keep paying the money?

According to salary accrual entries, records are accrued by employee department.

Social insurance refers to a non-profit social security system with income redistribution function, which is used by the state to prevent and force most social members to participate.

The basic social insurance purchased by enterprises for employees includes pension, medical care, unemployment, work injury and maternity.

At present, the basic social security in China adopts the proportional insurance system. This method is based on the wage income of the insured, and a certain proportion is stipulated to collect insurance premiums. The sharing subjects of social insurance premiums are countries, enterprises and individuals, among which enterprises and individuals share according to the rate proportional sharing system.

In financial treatment, the personal part is directly deducted from the wages payable to employees, and the part borne by the enterprise needs to be included in the product cost and the profit and loss during the period.

The complete accounting treatment accounting entries are as follows:

One is to stipulate that wages and social insurance premiums shall be borne by enterprises.

Borrow: production costs (wages and social security fees payable by production workers)

Borrow: manufacturing expenses (wages and social security expenses payable in the production workshop)

Borrow: management expenses (payable wages and social security expenses of employees in the factory department)

Loans: Payables-Wages (Total Payables)

Loans: wages payable to employees-social security (corporate burden)

Two, withholding personal social security fees from employees' wages.

Debit: Payables-Wages

Loan: Payable staff salary-social security (personal burden)

Third, pay social security fees in full.

Debit: employees payable-social security (enterprise part plus individual part)

Loans: bank deposits

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.