The balance of the provident fund account refers to the unused balance left when employees pay the provident fund. These balances are usually used to buy a house. For example, employees can use these balances as a down payment when buying a house for the first time. At the same time, these balances can also be used as pension reserves for employees after retirement. Therefore, the balance of the provident fund account is a part of the employee's labor income and a long-term saving method.

The balance of the provident fund account is related to the individual contributions of employees, unit contributions and the proportion of provident fund contributions. Employees' individual contributions are usually a certain percentage of their monthly salary. In most provinces of China, the unit payment is about twice that of employees. The proportion of provident fund deposit is related to regions and policies. Therefore, the balance of provident fund accounts of different employees will be different.

In order to better manage the balance of their own provident fund accounts, employees should know their own provident fund payment, inquire and check bills in time, and pay attention to whether the balance of personal accounts is consistent with the actual payment of the unit to avoid missing payment or other problems. Employees can also use the balance of the provident fund account for housing loans, withdrawals, transfers, settlements and other operations, which is convenient and practical. In a word, the balance of provident fund account is not only the financial reserve of employees, but also an important way to ensure housing and retirement.