What is the accounting treatment of the one time work related injury subsidy paid by the enterprise

Included in the current expenses.

For the one-time medical subsidy for work-related injuries and the employment subsidy for the disabled, when the disabled employee in grades 5 to 10 dissolves or terminates the employment relationship with the employer, the employer shall pay the one-time medical subsidy for work-related injury and the employment subsidy for the disabled. According to Article 6 of the Accounting Standards for Business Enterprises No. 9 - Employee Remuneration, the compensation given by an enterprise when it terminates the employment relationship with an employee before the expiration of the labor contract shall be included in the current expenses.

The accounting treatment is as follows:

1. After the occurrence of a work-related accident, pay the medical expenses to the employee in advance

Borrow: Other receivables - insurance companies or social security.

Credit: Cash (or bank deposit).

2. When the insurance company or social security compensation company pays the drug expenses in advance (if the full amount is paid):

Borrow: bank deposit or cash.

Credit: Other receivables - insurance companies or social security.

3. If it is not paid in full:

Borrow: Bank Deposit Management Expenses or Welfare Fees Payable (Company Borne Part) Credit: Other Receivables - Insurance Company or Social Security.

It should be noted that the drug expenses borne by domestic enterprises are included in the "welfare expenses payable" account; The drug expenses borne by foreign-funded enterprises are included in the "Management Expenses - Welfare Expenses" account.

The accounting treatment is as follows:

1. After the occurrence of a work-related accident, pay the medical expenses to the employee in advance

Borrow: Other receivables - insurance companies or social security.

Credit: Cash (or bank deposit).

2. When the insurance company or social security compensation company pays the drug expenses in advance (if the full amount is paid):

Borrow: bank deposit or cash.

Credit: Other receivables - insurance companies or social security.

3. If it is not paid in full:

Borrow: Bank deposit management fee or benefit fee payable (part borne by the company).

Credit: Other receivables - insurance companies or social security.

It should be noted that the drug expenses borne by domestic enterprises are included in the "welfare expenses payable" account; The drug expenses borne by foreign-funded enterprises are included in the "Management Expenses - Welfare Expenses" account.

Extended Materials. Paragraph 2 of Article 34 of the Regulations on Work-related Injury Insurance stipulates that "the employer shall pay a one-time medical subsidy for work-related injuries and a disability employment subsidy. The specific standards shall be prescribed by the people of provinces, autonomous regions and municipalities directly under the Central Government. ”

According to the above provisions, there is no national standard for the calculation of the amount of compensation for one-time work-related injury medical subsidy and disability employment subsidy, and it must be implemented with reference to the specific provisions of the people** of all provinces, autonomous regions and municipalities directly under the Central Government. In the absence of provisions in various regions, reference may be made to the provisions on one-time compensation in the Measures for One-time Compensation for Personnel of Illegal Employers.

1. Formula. One-time medical benefit for work-related injuries and employment allowance for disability = number of months.

Level 2, 1 to 4.

Because employees with disabilities in grades 1 to 4 are required to retain their labor relations, quit their jobs, and enjoy disability allowances, there is no such thing as a one-time medical subsidy for work-related injuries and a disability employment subsidy.

Levels 3, 5 to 6.

35 months for level 5 and 30 months for level 6.

Condition 1: The employee and the employer terminate or terminate the labor relationship upon the request of the injured employee.

The employer terminates the labor relationship in accordance with Article 25 (2), (3) and (4) of the Labor Law.

The employer is bankrupt or dissolved in accordance with law.

Payment responsibility: the employer of the injured employee.

Levels 4, 7 to 10.

20 months for Grade 7, 15 months for Grade 8, 10 months for Grade 9, and 5 months for Grade 10.

Condition 1: Termination of the employment contract upon expiration; The injured employee himself or herself proposes to terminate the labor contract; The employer terminates the labor relationship in accordance with Article 25 (2), (3) and (4) of the Labor Law. The employer is bankrupt or dissolved in accordance with law.

Payment responsibility: the employer of the injured employee.

If the injured employee is more than 5 years (including 5 years) from the statutory retirement age, he or she shall pay the full amount of the one-time medical subsidy for work-related injury and the employment subsidy for the disabled. Employees who have been injured for less than 5 years and have reached retirement age or gone through retirement procedures are not entitled to a one-time medical subsidy for work-related injuries and a disability employment subsidy.

1. The one-time disability subsidy is paid to the account filled in the work-related injury treatment audit form, 2. The work-related injury treatment audit application form needs to be signed by the employee and stamped by the unit, so it is the result of confirmation by both parties. If you fill in the unit, then it will be called to the unit, and if you fill in the employee, it will be called to the employee account.

Yes, because after the employee has a work-related injury, the company should give the corresponding subsidy, and then the amount of work-related injury subsidy can be determined according to the level of work-related injury, and the company must mediate with me, and then can terminate the cooperative relationship with the employer.

Companies need to pay employees a one-time disability employment grant, because the company has this responsibility, and there is a legal basis for this, and there are many companies that do this, so we must pay attention to this aspect after the injury.

Yes. These subsidies are clearly stipulated in the law, and these subsidies can help employees live a better life.

The lump sum medical benefit is paid by workers' compensation insurance**. If the employee is identified as a seventh-grade to tenth-grade disability due to work-related disability, and the labor or employment contract is terminated upon expiration, or the employee himself proposes to terminate the labor or employment contract, the work-related injury insurance** shall pay a one-time work-related injury medical subsidy. The one-time subsidy is calculated according to the person's salary, and if there is any objection, you can reconsider it with the local social security department.

The difference cannot be compensated by the employer.

Legal basisArticle 37 of the Regulations on Work-related Injury Insurance.

Employees who are identified as grade 7 to grade 10 disabled due to work-related disability shall enjoy the following benefits:

1) A one-time disability subsidy shall be paid according to the level of disability from work-related injury insurance, and the standard is: 13 months' salary for grade 7 disability, 11 months' salary for grade 8 disability, 9 months' salary for grade 9 disability, and 7 months' salary for grade 10 disability;

2) If the labor or employment contract is terminated upon expiration, or the employee himself or herself proposes to terminate the labor or employment contract, the work-related injury insurance shall pay a one-time medical subsidy for work-related injuries, and the employer shall pay a one-time disability employment subsidy. The specific standards for one-time medical subsidies for work-related injuries and one-time employment subsidies for disability shall be prescribed by the people of provinces, autonomous regions and municipalities directly under the Central Government.

What is the process of work-related injury and disability identification?

1. Employees with disabilities should bring their materials to the local social security agency to apply for disability rating after the end of medical treatment;

2. The appraiser shall bring the certificate of diagnosis of injury, illness and disability issued by the medical institution;

3. The appraisal office shall pay the appraisal fee after the materials carried by the appraiser are confirmed by the experts. If the materials are incomplete, we will make a diagnosis and then identify them;

4. The appraisal office shall hold an appraisal meeting regularly every Thursday to make grades or conclusions and announce them;

5. 15 days after the date of receipt and registration of the materials of Jiandanqin, the labor and management personnel of the unit will come to collect the appraisal results and all the materials received.

Financial accounting shall be carried out in accordance with the provisions of the standards and the accounting system for business enterprises in accordance with the law.

1. If your unit has insured its employees, the accounting treatment is as follows:

1. After the occurrence of a work-related accident, pay the medical expenses to the employee in advance

Borrow: Other receivables - insurance companies or social security.

Credit: Cash (or bank deposit).

2. When the insurance company or social security compensation company pays the drug expenses in advance (if the full amount is paid), borrow: bank deposit or cash.

Credit: Other receivables - insurance companies or social security.

3. If it is not paid in full:

Borrow: Bank deposit.

Administrative expenses or benefits payable (the portion borne by the company).

Credit: Other receivables - insurance companies or social security.

Note: The drug expenses borne by domestic enterprises are included in the "welfare expenses payable" account; The drug expenses borne by foreign-funded enterprises are included in the "Management Expenses - Welfare Expenses" account.

2. If your employer is not insured, the full reimbursement of the worker's drug expenses will be borrowed: management expenses (or welfare expenses payable).

Credit: Bank deposits.

Note: Domestic-funded enterprises are included in the "Welfare Expenses Payable" account; Foreign-funded enterprises are included in the "Management Expenses - Welfare Expenses" account.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

The accounting treatment is as follows:

1. After the occurrence of a work-related accident, pay the medical expenses to the employee in advance

Borrow: Other receivables - insurance companies or social security.

Credit: Cash (or bank deposit).

2. When the insurance company or social security compensation company pays the drug expenses in advance (if the full amount is paid):

Borrow: bank deposit or cash.

Credit: Other receivables - insurance companies or social security.

3. If it is not paid in full:

Borrow: Bank deposit management fee or benefit fee payable (part borne by the company).

Credit: Other receivables - insurance companies or social security.

It should be noted that the drug expenses borne by domestic enterprises are included in the "welfare expenses payable" account; The drug expenses borne by foreign-funded enterprises are included in the "Management Expenses - Welfare Expenses" account.