What are the regulations on the form of request for advance in Vietnam according to Circular 200/2014/TT-BTC? Instructions on how to write the form of request for advance?
- What are the regulations on the form of request for advance in Vietnam according to Circular 200/2014/TT-BTC?
- Instructions on how to write the form of request for advance according to Circular 200?
- What are the regulations on the rules for accounting account 141 - Advances?
- What are the regulations on the structure and contents of account 141 – Advances?
What are the regulations on the form of request for advance in Vietnam according to Circular 200/2014/TT-BTC?
Currently, the form of request for advance in Vietnam is made according to Form No. 03 - TT Appendix III enclosed with Circular 200/2014/TT-BTC of Vietnam, specifically as follows:
Download the Form of request for advance in Vietnam according to Circular 200/2014/TT-BTC: Click here.
What are the regulations on the form of request for advance in Vietnam according to Circular 200/2014/TT-BTC? Instructions on how to write the form of request for advance?
Instructions on how to write the form of request for advance according to Circular 200?
According to Form No. 03 - TT Appendix III enclosed with Circular 200/2014/TT-BTC of Vietnam, some instructions on how to write the Form of request for advance are as follows:
- For the purpose of the advance request paper: The advance request form is the basis for considering and approving the advance, carrying out the procedures for making payment slips and disbursing funds for the advance.
- Instructions on recording responsibility and how to write an advance request:
+ The upper left corner of the application for advance must clearly state the name of the unit, the name of the department. The advance request form shall be written in 1 copy by the applicant and clearly written to the director of the enterprise (Advance reviewer).
+ The person applying for an advance must clearly write his/her full name, unit, department and amount of advance (in numbers and words).
+ The reason for the advance must clearly state the purpose of using the advance such as: per diem, purchase of stationery, reception of guests...
+ Payment term: Specify the date and month to refund the advance amount.
The request for advance shall be forwarded to the chief accountant for consideration and written comments to request the director's approval. Based on the decision of the director, the accountant shall make a payment slip enclosed with the request for advance and transfer it to the treasurer for procedures for disbursing the fund.
What are the regulations on the rules for accounting account 141 - Advances?
Pursuant to Clause 1, Article 22 of Circular 200/2014/TT-BTC of Vietnam, the rules for accounting account 141 - Advances are prescribed as follows:
- This account is used to record advances of an enterprise paid to employees in the enterprise and payment of those advances.
- Advance is an amount or material given to receivers to do business or deal with any approved tasks. The receivers must be employees working at the enterprise. The regular receivers (working in department of material provision, administration) must be appointed by Director in writing.
- The receiver (individual or group) must take responsibility for received advance and use the advance for proper purposes and approved tasks. If the received advance is unused or remained, it is required to repay to the fund. The receiver shall not transfer the advance to others.
When finishing the tasks, the receiver must make an advance payment sheet (enclose with original documents) to pay fully received advance, used advance or difference between received advance and used advance (if any).
If the unused advance is not repaid to the fund, the receiver's salary shall be deducted. If the expenditure is greater than the received advance, the enterprise shall give additional expenditure on the deficiency.
- The advance of this tax period is only received if the advance of previous tax period is settled. The accountant must keep records of receivers, receiving and payment of advances.
What are the regulations on the structure and contents of account 141 – Advances?
Pursuant to Clause 2, Article 22 of Circular 200/2014/TT-BTC of Vietnam, the structure and contents of account 141 – Advances are prescribed as follows:
Debit:
Amounts of money or materials advanced to employees of the enterprise.
Credit:
- Paid advances;
- Unused advances which are required to repay to the fund or deducted from salaries;
- Unused materials which are re-stored.
Debit balance:
Unpaid advances.
LawNet
