Vietnam: 08 sub-accounts of Account 336 - Internal Payables

Vietnam: 08 sub-accounts of Account 336 - Internal Payables (illustrated image)

Circular 177/2015/TT-BTC stipulates that Account 336 - Internal Payables of the Deposit Insurance of Vietnam includes 8 sub-accounts as follows:

Account 3361 - Payable to superior for operational capital: This account is opened only at branches of the Deposit Insurance of Vietnam to record the current operational capital provided by the head office.

Account 3362 - Payable to superior for deposit insurance fees: This account is opened only at branches of the Deposit Insurance of Vietnam to record the deposit insurance fees incurred during the period that must be paid to the head office.

Account 3363 - Payable to superior for revenue from liquidation of assets of insurance participants: This account is opened only at branches of the Deposit Insurance of Vietnam to record the revenue from the liquidation of assets of deposit insurance participants incurred during the period that must be paid to the head office.

Account 3364 - Payable to subordinate for insurance payments: This account is opened only at the head office to record the amount that must be transferred to branches of the Deposit Insurance of Vietnam for insurance payout to depositors, as decided by the head office based on the branches of the Deposit Insurance of Vietnam' payment requests.

Account 3365 - Payable to superior for unclaimed insurance payouts: This account is opened only at branches of the Deposit Insurance of Vietnam to record the amount of unclaimed insurance payouts incurred during the period that must be paid to the head office.

Account 3366 - Payable to superior for excess of revenue over expenditure: This account is opened only at branches of the Deposit Insurance of Vietnam to record the excess of revenue over expenditure for operational activities, and deposit insurance management incurred during the period that must be paid to the head office.

Account 3367 - Payable to subordinate for shortfall of revenue over expenditure: This account is opened only at the head office to record the shortfall of revenue over expenditure incurred during the period that must be supplemented to the branches of the Deposit Insurance of Vietnam.

Account 3368 - Other internal payables: This account records other payables not mentioned above between the head office and branches of the Deposit Insurance of Vietnam, and among branches of the Deposit Insurance of Vietnam.

Details may be found in Circular 177/2015/TT-BTC effective from January 01, 2016.

Ty Na

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