According to Art. 6 BC budget called expenditure obligation to be performed during the financial year. It is accepted by the recipient of money through the conclusion of a municipal (state) contract, another contract with legal entities and citizens, individual entrepreneurs, or in accordance with a law or other legal act. Next, we consider in more detail what a budget obligation is.
General information
The aforementioned acts are signed and implemented by the state institution at the expense of budget funds within the limits set and taking into account unfulfilled and assumed obligations. This provision is present in Art. 161, paragraph 5 of the BC. From the above it follows that the budgetary obligations of budgetary institutions appear when they conclude labor contracts with employees.
Definition
A budget obligation is essentially a debt. It consists in the fact that the recipient of the appropriate funds must make the necessary payments. They are established in a civil law transaction that was concluded within the framework of powers or in accordance with the law, on the basis of other regulatory act, agreement and so on. It follows from this that salary payments (allowances) are budgetary obligations of budgetary institutions, which pass into the category of financial.
The order of reflection in the balance sheet
According to paragraph 140 of Instruction 162n, as well as in accordance with the explanations of the Ministry of Finance, which are given in the Letter dated January 21, 2013 on the establishment of rules for making obligations in the accounting of public administration institutions, the accepted expenditure items in the current financial period include those that are provided for for sale by means of the corresponding budget during the reporting year, including those which were accepted and not executed in previous years and are subject to reflection in a certain amount.
Amount of accrued payments
This volume reflects the budgetary obligation to pay, at the expense of the corresponding items, to employees, persons who fill public positions in the Russian Federation, civil servants, military, serving other categories of people who are recipients of relevant payments, travel expenses (for the payment of advance payments, including ), for the implementation of other costs (traveling, per diem, and so on), according to labor contracts, service contracts and regulations.
In the amount of accrued payments, articles on the deduction of payments established in the legislation are recorded. These include, in particular, taxes, duties, contributions, fees, including funds for transfers to insurance and extrabudgetary funds. This volume also reflects the costs of payments to municipal (state) employees stipulated by the legislation , persons who fill the corresponding positions, employees of state enterprises, citizens who have the status of military personnel and who are serving on draft, students (pupils) of state educational institutions.
The volume of established forehead
This reflects the obligation to pay cash. This refers, for example, remuneration, allowance, salary. This budgetary obligation is the payment to employees of recipients of funds from the relevant expenditure items provided for execution during the current reporting period.
Accounting for budgetary obligations
It is carried out in accordance with documents that confirm their adoption. Both the budget liability and the monetary liability are reflected in accordance with the list established by the enterprise as part of its financial policy. At the same time, the requirements of the authorized instance for authorizing the payment of conditions that were adopted by law, other regulatory act, contract and so on are taken into account. The provision on this is recorded in paragraph 318 of Instructions 157n. Special items are used that are formed to reflect the funds that cover the budget obligation. These are special analytical accounts, which are provided for in the Instruction 157n:
- The reported limits of budgetary obligations for the current year (cf. 1,501 11,000).
- The transferred volumes of expenditure items for a given period (cf. 1,501,114,000).
- The received limits of budgetary obligations of the current year (account 1 501 15 000).
- The appropriations received for this period (cf. 1,503,14,000).
Fulfillment of conditions
As mentioned above, a budgetary obligation is, for example, a debt to pay maintenance (allowance), salaries to employees of recipients of funds from the relevant articles for the current financial period. They are foreseen for execution at the expense of expenses for the reporting year and are reflected in the debit account. 0 502 11 211. Their accounting is carried out in the amount of approved limits. The fulfillment of the conditions is certified by the relevant payment documents.
The way in which expenses covering the budget obligation is reflected is the deduction of funds from the personal account. In the balance sheet items, this operation is recorded on the account. 1 302 11 830. It reflects a decrease in payables payable. Also, operations are carried out on the account. 1 304 05 211. It records payments to the financial authority for salaries.
Example
The size of the annual wage fund from budgetary funds is 10 million rubles. In November 2013, the company accrued 500 thousand rubles to employees. salaries. These funds minus personal income tax were sent to the cash desk of the organization. It received 465 thousand rubles. Salary that was not received by employees on the day of its issue is transferred to the depositor and sent to the personal account of the company. The amount amounted to 40 thousand rubles. In December 2013, an employee applied for a salary. In the balance sheet, the movement data will be reflected as shown in the table.
Operation | Amount |
Limits reached | 10 million |
Commitments undertaken and enforceable within the forehead | 10 million |
Accrued salary | 500 thousand |
Received funds in cash | 500 thousand |
Salary issued to employees | 465 thousand |
Assigned Amount to Depositor | 465 thousand |
Leased funds on l / s | 40 thousand |
Adjusted amount of accrued liabilities | 40 thousand |
Transfer of deposited amounts per l / s | 40 thousand |
Cash receipt for the issuance of deposited funds | 40 thousand |
Issued deposited salary | 40 thousand |
Commitments made | 40 thousand |
Forehead
What are budget commitment limits? LBOs represent the volume of the enterprise’s rights to accept or execute expense items in a given period. They are presented in monetary terms. Due to limits on monetary obligations, control over financing is tightened, which correlates with actual budget revenues. In practice, two options for maintaining LBO can be applied: monthly or quarterly. The first are compiled, respectively, monthly. The volume of the second should not be higher than budget allocations for the quarter.
Finally
Information on obligations brought, accepted and realized is reflected in the corresponding reporting form. This form, in accordance with Instruction 191n (paragraph 68), enterprises having the status of state, hand over to their main manager according to the results of six months and a year. Instructions for maintaining and applying charts of accounts, as well as for reporting, are approved by orders of the Ministry of Finance.