Decision No. 598-TC/CĐKT issues the Accounting System for Non-State Production and Business Activities applicable to individual households, private enterprises, cooperatives, and collective business organizations operating in various fields. This document specifies the system of original accounting records, accounting books, and specific financial reports.
Scope of application
Individual households, small industrial households, private enterprises, private companies, cooperatives, and collective business organizations of social organizations and administrative agencies have been granted business licenses.
Key points
- Non-state production and business units must apply the system of original accounting records as specified in Appendix No. 1 (Article 2).
- Individual households and small industrial households shall use the accounting books as prescribed in Appendix No. 2 (Article 2).
- Private enterprises, private companies, cooperatives, and collective business organizations shall apply the accounting account system as specified in Appendix No. 3 (Article 2).
- Units must prepare financial reports in accordance with the provisions set out in Appendix No. 5 (Article 2).
- This accounting system takes effect from January 1, 1991, and replaces the current accounting systems of the aforementioned units (Article 3).
🌐 Social impact of this document
- Strengthen financial and accounting management for non-state production and business units.
- Assist tax authorities and banks in obtaining accurate information on the operations of these units.
- For small units such as individual households, applying a complex accounting bookkeeping system may be difficult.
❓ Frequently asked questions
Updating.
Full text
Pursuant to …;
ISSUING THE "ACCOUNTING REGIME FOR NON-GOVERNMENT PRODUCTION AND BUSINESS OPERATIONS"
Pursuant to Decree No. 196/HĐBT dated December 11, 1989 of the Council of Ministers stipulating the tasks, powers, and responsibilities for state management of ministries;
Pursuant to Decision No. 155/HĐBT dated October 15, 1988 of the Council of Ministers stipulating the functions, tasks, and organizational structure of the Ministry of Finance;
Pursuant to the Accounting and Statistics Law promulgated by the State Council under Decree No. 06-LCT/HĐNN dated May 20, 1988, and the Regulations on Organizing State Accounting issued pursuant to Decree No. 25/HĐBT dated March 18, 1989 of the Council of Ministers;
Pursuant to Resolution No. 270B/NQ-HĐNN dated August 8, 1990 of the State Council regarding the issuance and implementation of the Law on Business Tax, the Law on Special Consumption Tax, and the Law on Income Tax;
Pursuant to Decision No. 212/TC-CĐKT dated December 15, 1989 of the Minister of Finance issuing a unified accounting system applicable throughout the national economy;
To concretize and guide the application of the unified accounting regime for production and business units outside the state sector;
DECISION:
Article 1. Now hereby promulgating with this Decision the "Accounting Regime for Non-State Production and Business Operations."
Article 2. The accounting regime for non-state production and business operations mentioned in Article 1 applies to individual traders, small industrial households, private enterprises, private companies, cooperatives, collective business organizations of social groups, administrative and public service agencies operating in the fields of industrial production, forestry and agriculture, construction, transportation, resource exploitation, aquaculture, trade, catering, services, cultural activities, training, education, medical care, etc., which have been granted business licenses by competent authorities.
Article 3. This accounting regime shall be uniformly implemented nationwide from January 1, 1991 and shall replace the current accounting regimes of the units mentioned in Article 2.
Article 4. Heads of Ministries, General Departments, State Committees, Chairmen of People's Committees at provincial, municipal, and special zone levels directly under the Central Government are responsible for disseminating and organizing the implementation of this Decision within their sectors and localities.
Article 5. Comrade Director of the General Department of Taxation and Comrade Head of the Department of Accounting Systems and Accounting Audits are responsible for guiding and supervising the implementation of this Decision.
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THE MINISTER
(Signed)
Hồ Tế
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APPENDIX 1
SYSTEM OF PRIMARY DOCUMENTS
(Applicable to non-state production and business units)
|
Serial Number |
Name of document |
Number |
|
1 2 3 4 5 6 7 8 9 10 11 |
Attendance sheet Invoice (sales, transportation, services) Warehouse Entry Form Warehouse Exit Form Fixed Asset Transfer Record Certificate of liquidation of fixed assets Receipt Form Payment Form Advance Request Form Payment voucher for advance payment Various types of tickets used in specific industries |
01-CT/NQD 02-CT/NQD 03-CT/NQD 04-CT/NQD 05-CT/NQD 06-CT/NQD 07-CT/NQD 08-CT/NQD 09-CT/NQD 10-CT/NQD
|
ANNEX NO. 2
LIST OF ACCOUNTING LEDGERS
(Applicable to individual production and trading households, small traders,
small industrial households)
|
Serial Number |
Name of accounting book |
Code |
Individual household |
Scope of Application Small trader, small industrial household |
|
1 2 3 4 5 |
Sales revenue Inventory book Production and trading expenses book Labor and external labor cost book Bank deposit (or loan) book |
01-SKT/TN 02-SKT/TN 03-SKT/TN 04-SKT/TN 05-SKT/TN |
x 0 0 0 0 |
x x x x (if applicable) x (if applicable) |
APPLICATION FORMS AND REGISTRATION TABLES FOR REQUESTING ISSUANCE OF CERTIFICATES AND LICENSES AND SAMPLES OF CERTIFICATES AND LICENSES
Accounting account system
(applicable to private enterprises, private companies, cooperatives, collective business organizations of social groups, administrative and public service agencies)
|
Serial Number |
Type and name of account |
Account number |
Sub-account number and name |
|
1 |
2 |
3 |
4 |
|
|
Type I - Fixed Assets |
|
|
|
1 |
Fixed Assets |
10 |
|
|
2 |
Depreciation of Fixed Assets |
11 |
|
|
|
Type II - Raw Materials and Consumables Reserve |
|
|
|
3 |
Raw materials, consumables |
21 |
211-Main raw materials, consumables |
|
|
|
|
212-Supplementary consumables 213-Fuel 214-Replacement parts 215-Construction equipment 216-Small tools 217-Others |
|
4 |
Products, goods |
24 |
241-Products 242-Inventory goods |
|
|
Type III - Expenses |
|
|
|
5 |
Production and Trading |
30 |
|
|
6 |
Anticipated profit |
33 |
|
|
7 |
Budgeted expenses |
36 |
361-Unallocated expenses 362-Prepaid expenses |
|
|
Type IV - Consumption and Results |
|
|
|
8 |
Consumption and Results |
40 |
401-Production and Trading Activities 403-Joint Venture Activities 404-Financial Activities 405-Other Activities |
|
|
Type V - Cash Capital |
|
|
|
9 |
Cash |
50 |
501-Vietnamese Currency 502-Bills, Gold and Silver 503-Foreign Currency |
|
10 |
Bank Deposits |
51 |
511-Vietnamese Currency Deposited in Banks 512-Foreign Currency Deposited in Banks |
|
|
Type VI - Settlements |
|
|
|
11 |
Settlements with Sellers |
60 |
|
|
12 |
Settlements with Buyers |
61 |
|
|
13 |
Receivables and Payables |
62 |
621-Advance Payments 622-Other Receivables and Payables |
|
14 |
Settlements with the State Budget |
64 |
641-Business Tax and Special Consumption Tax 642-Income Tax 644-Property Tax 645-Income Tax 646-Other Taxes |
|
15 |
Joint Venture Capital |
66 |
661-Joint Venture Capital 662-Profit Distribution from Joint Ventures |
|
16 |
Social Insurance Settlements |
68 |
681-Social Insurance 682-Trade Union Fees |
|
17 |
Settlements with Workers and Shareholders |
69 |
691-Payment of Wages to Workers 692-Dividend Payments to Shareholders |
|
|
Type VII - Revenues |
|
|
|
18 |
IMPLEMENTATION OF OBLIGATIONS TO THE STATE BUDGET. |
70 |
701-Production and Trading Revenues 703-Joint Venture Revenues 704-Financial Activities Revenues 705-Other Revenues |
|
|
Type VIII - Sources of Capital |
|
|
|
19 |
Statutory Capital |
80 |
|
|
20 |
Enterprise Fund |
83 |
831-Accumulated Fund 832-Reserve Fund 835-Welfare Fund 834-Other Funds |
|
|
Type IX - Credit Capital |
|
|
|
21 |
Borrowed Capital |
90 |
901-Bank Loans 902-Loans from Other Parties |
Accounts Outside the Balance Sheet
|
1 2 3 4 5 6 |
Leased Fixed Assets Goods Received for Processing Goods Held for Sale on Consignment Joint Venture Capital Share Capital Various foreign currencies |
01 02 03 05 06 07 |
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ANNEX NUMBER 4
LIST OF ACCOUNTING LEDGERS
(Applicable to private enterprises, private companies, cooperatives, collective business organizations of social groups, administrative and public service agencies)
|
Number |
|
|
Scope of Application |
|
|
No. |
Name of accounting book |
Bookkeeping Symbol |
Journal Ledger Accounting Form |
Voucher Bookkeeping Form |
|
|
Voucher Bookkeeping |
01-SKT/NQD |
0 |
x |
|
|
Voucher Registration Book |
02-SKT/NQD |
0 |
x |
|
|
Journal Ledger |
03-SKT/NQD |
0 |
x |
|
|
Fixed Assets Ledger |
04-SKT/NQD |
x |
0 |
|
|
Share Register |
05-SKT/NQD |
x |
x |
|
|
Inventory Book (or Inventory Card) |
06-SKT/NQD |
x |
x |
|
|
Detailed Material Book (products, goods) |
07-SKT/NQD |
x |
x |
|
|
Production and trading expenses book |
08-SKT/NQD |
x |
x |
|
|
Labor and External Labor Cost Tracking Book |
09-SKT/NQD |
x |
x |
|
|
Consumption Record Book |
10-SKT/NQD |
x |
x |
|
|
Cash Fund Book |
11-SKT/NQD |
x |
x |
|
|
Foreign Currency Tracking Book |
12a-SKT/NQD |
x |
x |
|
|
|
12b-SKT/NQD |
x |
x |
|
13 |
Bank Deposit Tracking Book |
13-SKT/NQD |
x |
x |
|
14 |
Detailed Accounting Book |
14-SKT/NQD |
0 |
x |
|
15 |
Trial Balance Sheet |
|
|
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ANNEX NO. 5
ACCOUNTING REPORTS
(Applicable to private enterprises, private companies, cooperatives, collective business organizations of social groups, administrative and public service agencies)
Reporting Unit
|
|
|
|
Report Code |
||
|
Report Name |
District Tax Authority |
Reporting period |
01-BCKT/NQD |
Supervisory |
Banks |
|
02-BCKT/NQD 03-BCKT/NQD Business Results
|
Summary balance sheet Inventory Report of Raw Materials, Products, and Goods x (if there is a bank loan) |
Quarterly, annually Quarterly, annually Quarterly, annually |
x x
x |
x x
x |
x (if there is a bank loan) 0 |
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