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2022-10-24

Why our company's social insurance payment changed in this month

I found that this month social insurance decreased a little! But why the expense in our profit report has no any change?


Shanghai government decides to postpone the payment date for medical insurance company's part for Sep, Oct, Nov. (payment date is Oct. Nov, and Dec) to Feb. 2023, so the actual payment amount in Oct for the social insurance of Sep. decreased.

As it is just postponed to pay, in future the company still needs to pay this unpaid insurance, so the cost needs be recognized in each month as usual.

#Why our company's social insurance payment changed in this month#Social insurance

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