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1. Employee compensation and setting of accounts
1.1 Overview of employee compensation
Employee compensation usually includes: basic salary, five social
insurance and one housing fund , supplementary endowment insurance and employee benefits. Five social insurance and one housing fund refer to: pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance, and housing provident fund.
About the five social insurance and one housing fund payment composition (unit, employee), as follows
| project | Whether to pay: unit | Whether to pay: employees |
|---|---|---|
| Pension | X | X |
| medical insurance | X | X |
| Unemployment insurance | X | X |
| Injury insurance | X | |
| Maternity Insurance | X | |
| Provident Fund | X | X |
That is: Except for work-related injury insurance and maternity insurance, the others are all composed of units and employees.
1.2 Accounting account settings
1.2.1 Salary provision
The subjects used in the calculation include liabilities and profit and loss, and the common ones are as follows:
liabilities -> payable employee compensation (2211):
employee compensation payable-employee wages
employee compensation payable-social security-basic pension insurance
payable employee compensation-social security- Basic Medical Insurance
Salary payable-Social Security-Unemployment Insurance
Salary payable-Social Security-Work injury insurance
Salary payable-Social Security-Maternity Insurance
Salary payable-Provident Fund-Housing Provident Fund
Salary payable-Social Security-Supplementary Pension Insurance
Profit and Loss -> Main Business Cost Account-Labor Cost (6401):
Main Business Cost Account-Labor Cost-Employee Salary
Main Business Cost Account-Labor Cost-Social Insurance Premium-Basic Pension Insurance
Main Business Cost Account-Labor Cost-Social Insurance Premium-Basic Medical Insurance
Main Business Cost Subject-Labor Cost-Social Insurance Premium-Unemployment Insurance
Main Business Cost Subject-Labor Cost-Social Insurance Premium-Work Injury Insurance
Main Business Cost Subject-Labor Cost-Social Insurance Expenses-Maternity Insurance
Main Business Cost Subject-Labor Cost-Provident Fund-Housing Provident Fund
Main Business Cost Subject-Labor Cost-Social Insurance Premium-Supplementary Pension Insurance
1.2.2 Salary payment or settlement
The subjects used in salary payment include asset class and liability class. The common ones are as follows:
Liabilities -> Employee Salary Payable Subject (2211):
Employee Salary Payable-Employee Salary
Assets -> bank deposits (1002):
bank deposits-demand-RMB
Liabilities -> Other Payables-Withholding and Payment (2241):
"1.1 Overview of Employee Salaries" shows that work injury insurance and maternity insurance are all paid by the unit, so there is no withholding and payment business.
Other payables-withholding and payment-basic pension insurance
Other payables-withholding and payment-medical insurance-basic medical insurance
Other payables-withholding and payment-unemployment insurance
Other payables-withholding and payment-housing provident fund
Other payables Payment-Withholding and Payment-Individual Tax
2. Accounting processing
The accounting processing of salary in SAP is divided into 3 steps: accrual, issue, and clearing.
2.1 Salary provision
[ Characteristics of accounting entries ] There is a one-to-one correspondence between the payable employee compensation subjects and the main business cost-labor cost subjects. The
accounting entries are as follows:
2.2 Salary payment
Salary payment mainly includes: payment of employee wages, withholding and payment of three insurances, one housing fund and individual taxes, and other additional insurances.
The accounting entries issued are as follows:
2.3 Salary clearing
Clearing accounts mainly includes: five social insurances, one housing fund and additional insurances to be paid by the unit, the withholding and payment of employee insurances, one housing fund, individual taxes, and other additional insurances.
The accounting entries are as follows:
clearing relationship
