Decision No. 221/QD-NH2 On supplementing certain accounts to the accounting chart of the State Bank of Vietnam

Pursuant to …;

Regarding the addition of certain accounts to the accounting system of the State Bank

GOVERNOR OF THE STATE BANK OF VIETNAM

Pursuant to the Ordinance on the State Bank dated May 23, 1990;
Pursuant to the Government Decree No. 15/CP dated March 2, 1993 on the tasks, powers, and responsibilities for state management of ministries and ministerial-level agencies;
At the proposal of the Director of the Accounting and Finance Department of the State Bank.

Pursuant to …;

Article 1: Add to the accounting system of the State Bank issued pursuant to Decision No. 269/QĐ-NH2 dated December 4, 1992 and Circular No. 16/TT-NH2 dated December 12, 1992 of the Governor of the State Bank the following accounts:

Account 456 "Guarantee Deposit Money"

This account is opened at the State Bank to record guarantee deposit money in Vietnamese dong deposited by guarantee banks at the State Bank.

3232 - Capital for construction projects deposited at commercial banks

4561 - State-owned Banks

4562 - Joint Stock Commercial Banks

4565 - Vietnam-Foreign Joint Venture Banks

4566 - Foreign Banks in Vietnam

4569 - Other Credit Organizations

Debit side records: - The amount of guarantee deposit money deposited by guarantee banks into the State Bank.

Credit side records: - The amount of guarantee deposit money withdrawn by guarantee banks.

Credit balance reflects: - The amount of guarantee deposit money of guarantee banks currently deposited at the State Bank.

Detailed accounting: - Open sub-accounts according to each guarantee bank depositing money.

* When a guarantee bank deposits guarantee deposit money into the State Bank, the accounting entry is as follows:

Debit Account Cash or Bank Deposit of Guarantee Bank Depositing Guarantee Deposit Money

Credit Account Guarantee Deposit Money

Account 466 "Foreign Currency Guarantee Deposit Money"

This account is opened at the State Bank to record foreign currency guarantee deposit money deposited by guarantee banks at the State Bank.

3232 - Capital for construction projects deposited at commercial banks

4661 - State-owned Banks

4662 - Joint Stock Commercial Banks

4665 - Vietnam-Foreign Joint Venture Banks

4666 - Foreign Banks in Vietnam

4669 - Other Credit Organizations

The accounting content of Account 466 is similar to that of Account 456.

3- Add two third-level accounts to Account 633 "Advance Payment for Small Construction, Maintenance, and Repair of Assets":

6331 - Advance Payment for Small Construction

6332 - Advance Payment for Maintenance and Repair of Assets

These two accounts are opened at units of the State Bank to record advance payments within the budget approved by the Central State Bank for small construction, maintenance, and repair of assets.

Debit side records: - The amount of advance payment.

Credit side records: - The amount of advance payment recovered.

This account is opened at State Bank of Vietnam units (Branches of the State Bank of Vietnam, Department of Information Technology, Department of Administration, Representative Office of the State Bank of Vietnam in Ho Chi Minh City) for recording the amount of capital temporarily advanced by the State Bank of Vietnam for construction projects that is deposited at commercial banks.

Debit balance reflects: - The amount of advance payment not yet settled.

Detailed entries:

- Open sub-accounts according to each unit or individual receiving advance payment.

Article 2: This Decision shall take effect fifteen days from the date of signature.

Article 3: The Director of the Governor's Office, the Head of the Accounting and Finance Department, the Heads of units under the Central State Bank, and the Governors of the State Bank branches in provinces and cities are responsible for implementing this Decision.