Insurance
EOSB Monthly Provision — Insurance Staff (Jordan)
Accruing the end-of-service benefit for Jordanian insurance company staff.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| EOSB Expense (Insurance Staff) | Expense (+) | 3,500.00 | - |
| Provision for EOSB | Liability (+) | - | 3,500.00 |
💡 Accountant's Note
Jordanian labor law requires EOSB provisioning for all staff. For insurance companies, the EOSB is an operating expense allocated across underwriting and claims functions.
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