Accounting For Temporary Loans Of Social Medical Insurance Institutions

The "temporary loan" account is calculated as a temporary loan to the financial institutions to solve the turnover difficulties of the medical insurance fund.

When borrowing money, I will debit "bank deposit - expense household" subject, credit the "temporary loan" subject, and repay the "temporary loan" subject when returning the loan, and credit the account of "bank deposit - expense households".

For undergraduate purposes, the credit balance is a temporary loan that has not yet been returned.

The accounts should be set up according to the loan units.

Example 1: after the approval of the financial department, the social medical insurance institution in October 1, 1995 borrowed 5 million yuan from the bank, and the loan period was half a year, and the annual interest rate was 10%. According to the relevant vouchers, the accounting entries were as follows: Bank Deposits - 5000000 households' Loans: temporary loans 5000000 cases. In March 31st of 2:1996, the social medical insurance institutions returned the bank's temporary loans and interest on a regular basis at a total of 5 million 250 thousand yuan, including interest 250 thousand yuan. According to the relevant vouchers, the following accounting entries were: to talk about