SSC Employer Contribution — Bank (Jordan)
Recording the bank's 14.25% employer Social Security Corporation contribution for all Jordanian staff.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| SSC Expense — Employer (14.25%) | Expense (+) | 17,812.50 | - |
| SSC Payable (Employer + Employee Share) | Liability (+) | - | 17,812.50 |
💡 Accountant's Note
The employer SSC contribution is a mandatory social insurance cost. For banks with large headcounts, this is a significant payroll overhead. It is combined with the employee-withheld SSC share (7.5%) for remittance to the SSC.
Practitioner & Systems Framework
💻 ERP Architecture
The SSC payable account accumulates both the employer share (14.25%) and the employee share (7.5%) withheld from salaries. The total (21.75%) is remitted to the SSC by the 15th of the following month. In SAP HCM or Oracle HCM, SSC calculations are automated per each employee's salary within the SSC ceiling.
⚠️ Audit Flags
Auditors verify the SSC remittance is made on time (penalties apply for late payment). The SSC contribution is calculated on basic salary up to the SSC contribution ceiling — auditors test that the ceiling is correctly applied. SSC for non-Jordanian employees is handled differently and at a different rate.
📄 Required Documentation
Monthly SSC contribution schedule, SSC payment receipt, employee and employer contribution split calculation, and SSC compliance certificate.
Automate this entry with the JEH Accounting Suite
Stop doing manual entry. Our VBA-powered ERP automatically generates your ledgers, Trial Balance, and Financial Statements.
No Subscriptions. Own your data.
Expert Analysis by Qusai Ahmad
General Accountant Supervisor & IFRS Specialist
Specialized in SAP GUI automation and Middle Eastern tax compliance. Building digital tools for the next generation of finance leaders.