Directive No. 23-TTg stipulates conditions and criteria for extracting enterprise reserve funds to encourage units to fulfill state plans. The document applies to units implementing economic accounting systems, with the level of extraction depending on meeting specific criteria.
适用范围
Enterprises, agricultural-industrial-forestry enterprises, and managing agencies of enterprises
要点
- Units implementing economic accounting systems with a consolidated asset statement may extract enterprise reserve funds (I)
- To extract reserve funds, units must complete the total output value target and timely remit accumulations to the state budget (I)
- The level of enterprise reserve funds depends on meeting six standards regarding output volume, labor productivity, cost, working capital turnover, compliance with state policies, and accounting regulations (II)
- If any of the first three standards are not met, 10% of the extracted enterprise reserve fund will be deducted; if any of the last three standards are not met, 5% will be deducted (II)
- The review of enterprise reserve funds between the managing agency and finance must be consistent; if there is disagreement, it shall be reported to the competent authority for decision (III)
🌐 本文件的社会影响
- Encourage units to fulfill state plans
- Carefully consider the extraction of enterprise reserve funds based on the actual performance of the unit
- Strengthen the responsibility of units in complying with state policies and accounting regulations
❓ 常见问题
Which units are allowed to extract enterprise reserve funds?
Units implementing economic accounting systems with a consolidated asset statement, completing the total output value target, and timely remitting accumulations to the state budget.
On what criteria is the level of enterprise reserve funds extracted based?
Based on six criteria regarding output volume, labor productivity, cost, working capital turnover, compliance with state policies, and accounting regulations.
If any of the first three criteria are not met, by how much will the level of extracted enterprise reserve funds be reduced?
The level of extracted enterprise reserve funds will be reduced by 10% of the amount that would have been extracted under the current system.
If any of the last three criteria are not met, by how much will the level of extracted enterprise reserve funds be reduced?
The level of extracted enterprise reserve funds will be reduced by 5% of the amount that would have been extracted under the current system.
In case of disagreement between the managing agency and finance in reviewing the enterprise reserve funds, what should be done?
Both parties shall report their opinions to the competent authority at the same level for examination and decision.
全文
DIRECTIVE
Regarding the conditions and criteria for setting aside enterprise funds
____________________________
In order to encourage enterprises, industrial, agricultural, and forestry farms to strive to complete and exceed state plans, and to strengthen economic accounting systems;
Based on the regulations concerning the examination, recognition, and announcement of completion of state plans for enterprises, industrial, agricultural, and forestry farms;
The Standing Meeting of the Council of Ministers, at its first session in March 1964, decided on the conditions and criteria for setting aside enterprise funds as follows:
I. PRINCIPLES ARE THAT ONLY UNITS IMPLEMENTING ECONOMIC ACCOUNTING SYSTEMS WITH A BALANCE SHEET, IF SATISFYING BOTH OF THE FOLLOWING CONDITIONS, SHALL BE ELIGIBLE FOR SETTING ASIDE ENTERPRISE FUNDS:
- First, completing the annual targets for total production value and product volume and commodity value.
- Second, completing the targets for accumulation payments (including profit, tax, or state revenue) and other payments due (such as depreciation of fixed assets to cover excess working capital, etc.) to the state budget fully and on time.
Units not meeting both of the above conditions shall absolutely not be eligible for setting aside enterprise funds, but may only proceed with commendation and competition according to current regulations.
II. FOR UNITS ELIGIBLE FOR SETTING ASIDE ENTERPRISE FUNDS, THE LEVEL OF ENTERPRISE FUNDS TO BE SET ASIDE DEPENDS ON WHETHER THEY MEET OR FAIL TO MEET THE FOLLOWING SIX CRITERIA:
1. Completing the target for main product volume and quality.
2. Completing the labor productivity target for each worker (for trading units, this is the staffing and salary target).
3. Completing the total cost or circulation cost target.
4. Completing the working capital turnover target.
5. Not committing serious violations in implementing all state policies and systems.
6. Fully implementing state accounting systems, accurately and timely preparing and reporting quarterly and annual final accounts.
If a unit meets all six criteria, it will be eligible to set aside the full level of enterprise funds according to current regulations.
If a unit fails to meet any of the first three criteria (criteria 1, 2, and 3), then for each criterion not met, 10% of the enterprise fund that would otherwise be set aside under current regulations must be deducted.
If a unit fails to meet any of the last three criteria (criteria 4, 5, and 6), then for each criterion not met, 5% of the enterprise fund that would otherwise be set aside under current regulations must be deducted.
III. RELATIONSHIP BETWEEN THE ENTERPRISE MANAGEMENT AUTHORITY AND THE FINANCE AUTHORITY IN REVIEWING ENTERPRISE FUNDS AS FOLLOWS:
- Before approving enterprise funds for units, the enterprise management authority must consult and reach a consensus with the supplying finance authority.
- If there is disagreement between the two parties, each party shall report their views to the same-level government authority for review and decision.
- While awaiting the government authority's decision, the enterprise may only set aside enterprise funds according to the finance authority's view.
IV. THE ABOVE PROVISIONS SHALL BE APPLIED IMMEDIATELY IN THE REVIEW OF ENTERPRISE FUNDS FROM 1963 ONWARDS. SPECIFICALLY, POINT 4 OF SECTION II ABOVE, WHICH IS THE CRITERION "COMPLETING THE WORKING CAPITAL TURNOVER TARGET," BEING NEWLY INTRODUCED, SHALL NOT BE APPLIED IN THE REVIEW OF ENTERPRISE FUNDS FOR 1963 BUT SHALL BE APPLIED BEGINNING IN 1964.
VREGARDING OTHER REGULATIONS CONCERNING THE BASIS FOR SETTING ASIDE, THE RATIO, MINIMUM AND MAXIMUM LEVELS, METHODS OF ANALYSIS TO EXCLUDE OBJECTIVE FACTORS, ETC., SHALL STILL BE APPLIED BASED ON ALREADY ISSUED DOCUMENTS.
The Ministry of Finance is responsible for guiding sectors and levels in implementing this directive.
关系图
点击文件即可打开。红色边框＝改变效力的关系。