Ledger for the Fund "For the Poor"

10:43, 11/07/2024

This is the content stipulated in Circular No. 103/2018/TT-BTC issued by the Ministry of Finance on November 14, 2018, guiding the accounting practices applied to the Fund "For the Poor".

Circular 103 stipulates the accounting books used to record, systematize, and store all economic and financial transactions that have arisen related to the "For the Poor" Fund. Information on the accounting books must ensure full, prompt, accurate, honest, continuous, and systematic reflection of all revenue and expenditure activities of the fund. No assets, capital sources, or fund revenue and expenditure items are to be kept off the accounting books.

The "For the Poor" Fund at all levels shall use only one set of accounting books for each accounting year, including general ledgers and detailed ledgers. The "For the Poor" Fund may choose one of the following accounting methods: Journal - Ledger accounting method, General Journal accounting method, Voucher recording method, and Computerized accounting method. Depending on the applied accounting method, the "For the Poor" Fund must open all necessary general ledgers and detailed ledgers and implement all contents, sequences, and recording methods correctly for each type of accounting book.

The list of accounting books, book templates, and guidelines for setting up accounting books are specified in Appendix No. 03 attached to Circular 103.

See details Circular 103/2018/TT-BTC effective from January 01, 2019.

-Thao Uyen-

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn