Forms of Accounting Applicable to the Accumulated Debt Repayment Fund

According to Article 18 of Circular 109/2018/TT-BTC, effective January 1, 2019, the accounting method applicable to the Accumulation Fund for Debt Payment is prescribed as follows:

1. The Accumulation Fund for Debt Payment adopts the Voucher Accounting method.

a) Principles of recording under the Voucher Accounting method:

- Record in chronological order based on economic and financial transactions arising on the Register of Accounting Vouchers;

- Record based on the economic content of economic and financial transactions arising in the Ledger.

b) Types of accounting records:

- Accounting Vouchers;

- Register of Accounting Vouchers;

- Ledger;

- Detailed Accounting Books.

2. The list of accounting books, book templates, and explanations of bookkeeping methods are stipulated in Appendix No. 03 "Accounting Book System" issued along with this Circular.

The above outlines the accounting method applicable to the Accumulation Fund for Debt Payment.

Sincerely!