Circular No. 08/2000/TT-BTC amends and supplements Circular No. 63/1999/TT-BTC of the Ministry of Finance on managing revenue, expenses, and product/service cost at state-owned enterprises. This document specifies the method for calculating social insurance, health insurance, and trade union fees costs; it also guides the costs for Party and mass organizations within enterprises.
Scope of application
State-owned enterprises
Key points
- State-owned enterprises → calculate social insurance, health insurance, and trade union fees costs based on the wage fund according to the current regulations of the State.
- Costs for Party and mass organizations within enterprises → are taken from the budget of these organizations; if insufficient, the difference will be recorded in the enterprise's business expenses.
- Wages and allowances with the nature of wages of full-time or part-time staff of Party and mass organizations → are recorded in the costs and product/service cost according to Circular No. 03 TT/TC-TW dated June 16, 1993.
- In addition to the budget of Party and mass organizations, enterprises → record the difference shortage in business expenses to supplement the budget of these organizations.
- This Circular takes effect from the date Decree No. 27/1999/NĐ-CP takes effect.
🌐 Social impact of this document
- Positive impact: Helps state-owned enterprises manage costs reasonably, ensuring transparency in financial operations.
- Negative impact: May increase financial burden on enterprises if the budget of Party and mass organizations is insufficient.
❓ Frequently asked questions
How do state-owned enterprises calculate social insurance costs?
State-owned enterprises calculate social insurance costs based on the wage fund of the enterprise according to the current regulations of the State.
If the budget of Party and mass organizations is insufficient, how will the enterprise handle it?
If the budget of Party and mass organizations is insufficient, the shortfall will be recorded in the enterprise's business expenses.
How are wages and allowances with the nature of wages of full-time or part-time staff of Party and mass organizations recorded?
Wages and allowances with the nature of wages of full-time or part-time staff of Party and mass organizations are recorded in the costs and product/service cost according to Circular No. 03 TT/TC-TW dated June 16, 1993.
Besides the budget of Party and mass organizations, can enterprises record other costs?
Besides the budget of Party and mass organizations, enterprises can record the difference shortage in business expenses to supplement the budget of these organizations.
When does this Circular take effect?
This Circular takes effect from the date Decree No. 27/1999/NĐ-CP takes effect.
Full text
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MINISTRY OF FINANCE |
SOCIALIST REPUBLIC OF VIETNAM |
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Number: 08/2000/TT-BTC |
Hanoi, January 19, 2000 |
CIRCULAR
Amending and supplementing Circular No. 63/1999/TT-BTC dated June 7, 1999 of the Ministry of Finance on guiding the management system for revenue, expenses, and product/service costs at state-owned enterprises
Implementing Decree No. 59/CP dated October 3, 1996 of the Government promulgating the "Financial Management Regulations and Business Accounting for State-Owned Enterprises" and Decree No. 27/1999/NĐ-CP dated April 20, 1999 of the Government amending and supplementing certain provisions of the aforementioned financial regulations, the Ministry of Finance issued Circular No. 63/1999/TT-BTC dated June 7, 1999 to guide the management of revenue, expenses, and product/service costs at enterprises. To align with the actual operational situation of Party and mass organizations within enterprises, the Ministry of Finance amends and supplements Item 1.4 - Point 1 - Part B - Section II - Circular No. 63/1999/TT-BTC as follows: Revenue, expenses, and
product/service costs at state-owned enterprises
Pursuant to Decree No. 59/CP dated October 3, 1996 of the Government promulgating the "Financial Management and Business Accounting Regulations for State-Owned Enterprises" and Decree No. 27/1999/NĐ-CP dated April 20, 1999 of the Government amending and supplementing certain articles of the aforementioned financial regulations, the Ministry of Finance issued Circular No. 63/1999/TT-BTC dated June 7, 1999 guiding the management of revenue, expenses, and product/service cost at enterprises. To align with the actual operational circumstances of Party and Mass Organizations within enterprises, the Ministry of Finance amends and supplements Item 1.4 - Point 1 - Part B - Section II - Circular No. 63/1999/TT-BTC as follows:
1. Social insurance, health insurance, and trade union fees are calculated based on the wage fund of the enterprise according to current State regulations.
Expenses for Party and mass organizations are sourced from their own funds; if these funds are insufficient, the shortfall is recorded as business expenses of the enterprise.
2. The implementation of expenses for Party and mass organizations within enterprises is as follows:
Salaries and allowances of full-time or part-time staff of Party and mass organizations are recorded as expenses and product/service costs in accordance with Circular No. 03 TT/TC-TW dated June 16, 1993 of the Central Organization Department guiding the temporary salary system for cadres, civil servants, and employees of Party and mass organizations.
In addition to the funds of Party and mass organizations within enterprises that can be allocated from sources specified in Circular No. 517 TC/TCQT dated October 30, 1992 of the Central Financial Administration Department guiding the implementation of the Central Committee's Resolution on Party fees; Joint Circular No. 103/TTLB dated December 2, 1994 of the Ministry of Finance - General Confederation of Labor Vietnam guiding the collection of trade union fees; membership fees of other mass organizations, if there is a shortage, the enterprise may record the shortfall as business expenses to supplement the funds of these organizations.
This Circular takes effect from the date Decree No. 27/1999/NĐ-CP dated April 20, 1999 of the Government comes into force. Other provisions continue to be implemented in accordance with Circular No. 63/1999/TT-BTC dated June 7, 1999 of the Ministry of Finance./.
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DEPUTY MINISTER DEPUTY MINISTER (Signed) TRAN VAN TA |
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