Principles of State Budget Accounting by "Chapter"

00:46, 11/07/2024

On December 21, 2016, the Ministry of Finance issued Circular 324/2016/TT-BTC regulating the System of State Budget Categories.

According to the provisions of Circular 324/2016/TT-BTC, the accounting of the state budget based on "Program" is carried out based on the following principle:

- The state budget revenues are accounted for according to the Program of the managing unit and are obligated to pay into the state budget; state budget expenditures of the budget-using unit, and investment project are accounted for according to the Program of the supervisory agency. Based on the Program code number within which level to determine the Program belongs to the corresponding management level.- Cases of authorization

- In case an agency or unit is authorized by the collecting agency to collect, it accounts for according to the Program of the collecting authority. Especially, the revenues collected by tax and customs authorities are accounted for in the program of the taxpayer.- In case an agency or unit uses the authorized funds of another agency, it accounts for according to the Program of the paying authority.

See the list of program codes in Circular 324/2016/TT-BTC effective from February 04, 2017.

- Thanh Lam -

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