Regulations on Accounting Books in Civil Judgment Enforcement Accounting Operations from October 1, 2020

types of accounting books in Circular 78/2020/TT-BTC guiding the accounting of civil judgment execution activities specified in Article 11 as follows:

Regulations on accounting books in the accounting operations of civil judgment execution from October 1, 2020 (illustrative image)

+ General Provisions:

- Each unit shall use only one system of accounting books for an annual accounting period, including general accounting books and detailed accounting books. The unit must fully open all general accounting books, detailed accounting books and perform fully, accurately the content, sequence, and method of recording for each type of accounting book.

+ General Accounting Books:

- The Journal is used to record financial and economic transactions in chronological order;- The General Ledger is used to record financial and economic transactions by economic content (according to accounting accounts). The data on the General Ledger reflect an overview of revenue and expenditure related to the execution of judgments; the management status of judgment execution assets and funds arising during the execution process.

+ Detailed Accounting Books and Cards:

- Used to record detailed economic transactions related to accounting objects as required by management that the General Ledger does not reflect in detail, to provide detailed data on revenue, expenditure, judgment execution assets for each execution decision until the completion of the judgment execution;- Based on the management and accounting requirements of each specific accounting object, the unit is allowed to add indicators (columns, rows) on detailed accounting books and cards to serve the preparation of civil judgment execution operation reports and financial statements as required by management.

Note, the list of accounting books, accounting book templates, explanation of contents and methods of recording are implemented according to the provisions in Appendix No. 03 "Accounting Book System" issued together with Circular.

See details Circular 78/2020/TT-BTC effective and applicable from October 1, 2020, replacing Circular 91/2010/TT-BTC.

Long Binh

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE