What is the connection and difference between the special financial account and the budget payable?

The two "payables" of the budget payable and the special financial account payable have both similarities and differences, and the similarities are: the funds of the budget payable by public institutions in accordance with the provisions of the financial department, and the non-tax income payable from the special financial account are all fiscal funds, which should be settled on a daily and monthly basis, and must be fully settled and paid at the end of the year, leaving no balance. Differences:

The budget payable refers to all kinds of funds payable to the budget obtained by administrative institutions in accordance with the provisions in their business activities, mainly including the nature of budget management, administrative fees, fines, confiscated property and other budget funds. Administrative institutions shall hand over the revenues due to the budget in full and in a timely manner, and shall not misappropriate, conceal, or withhold expenditures under any pretext or divert them to other purposes. The accounts payable to the special financial account refer to the budget revenue that should be handed over to the special financial account collected by public institutions in accordance with the regulations, and the scope of extra-budgetary funds that should be handed over to the special financial account shall be handled in accordance with the regulations of the financial department.

That is to say, the funds payable in the special financial account are the funds that are unique to public institutions and are included in the comprehensive budget management of the state in accordance with the relevant state policies.

1. Budget payable and special financial account payable.

Contributions to the budget.

1.This account accounts for the income that public institutions should pay into the state budget according to the regulations. The budget income payable mainly includes:

**, income from administrative fees, fines and confiscations, income from the sale of unclaimed property, and other funds collected by public institutions that are included in budget management, such as those that should be handed over to the budget in accordance with the provisions of budget management.

2.When the income of the budget payable is obtained, the accounts such as "bank deposits" are debited and the budget payable is credited; When it is handed over, the budget contribution due is debited and the account "Bank Deposit" is credited.

3.The credit balance of this account reflects the amount due but not paid. There should be no balance in this account at the end of the year.

4.This account should be sub-ledger set up according to the category of budget payable.

Payable to the special financial account.

1.This subject accounts for the extra-budgetary funds collected by public institutions in accordance with regulations and should be handed over to the special financial account. The scope of extra-budgetary funds that should be handed over to the special financial account shall be handled in accordance with the regulations of the Ministry of Finance.

2.When receiving the income of the special financial account payable, the accounts such as "bank deposits" shall be debited and the special financial account payable shall be credited; When it is handed over to the special financial account, the opposite accounting entry shall be made. Units that implement the method of handing over extra-budgetary fund balances shall debit the "business income" account and credit the special financial account payable when regularly settling the extra-budgetary fund balance.

3.The credit balance of this account reflects the amount due but not paid. There is no balance in this account at the end of the year.

4.This account should be sub-ledgerd by category of extrabudgetary funds.

2. The difference between the budget payable and the special financial account payable.

From the above, it can be seen that the budget payable accounts for the revenue that public institutions should pay into the state budget in accordance with the regulations, while the funds payable to the special financial account account for the extra-budgetary funds collected by the public institutions in accordance with the regulations and should be handed over to the special financial account. There is a scope of extra-budgetary funds that should be handed over to the special financial account, which should be handled in accordance with the regulations of the Ministry of Finance. Units that implement the method of handing over extrabudgetary fund balances shall regularly settle extra-budgetary fund balances.

With regard to the budget due, units that do not need to implement the method of handing over extrabudgetary fund balances shall regularly settle extra-budgetary fund balances.

Contact: Difference: The content is different.

The nature is different. The accounting method is different.

Funds payable to the state treasury refer to all kinds of funds obtained by public institutions in accordance with regulations and should be handed over to the state budget.

1. The collection of public institutions is included in the budget management;

2. Income from administrative fees;

3. Revenue from fines and confiscations;

4. Income from the sale of unclaimed property;

5. Other funds that should be handed over to the budget according to the budget management regulations, such as net income from disposal of fixed assets, rental income from fixed assets, etc.

Funds payable to the special financial account: It is the extra-budgetary funds collected by public institutions in accordance with the regulations and should be handed over to the special financial account.

Among them, extra-budgetary funds refer to all kinds of financial funds that are not included in the state budget management that are not included in the state budget management in order to perform and act on behalf of state organs, institutions and social organizations in accordance with national laws, regulations and legally effective rules.

The budget payable refers to all kinds of funds payable to the budget obtained by administrative institutions in accordance with the provisions in their business activities, mainly including the nature of budget management, administrative fees, fines, confiscated property funds, unclaimed property prices, stolen money and stolen goods, and other budget funds payable. The accounts of funds payable to the special financial account refer to the budget revenues collected by public institutions in accordance with the regulations and should be handed over to the special financial account, and the scope of extra-budgetary funds that should be handed over to the special financial account shall be handled in accordance with the regulations of the financial department. That is to say, the funds payable in the special financial account are the state funds that are unique to public institutions and are collected on behalf of the relevant state policies.

To put it simply, the budget funds payable are handed over to the treasury, and the funds payable to the special financial account are handed over to the non-tax revenue departments of the treasury. In the future, the funds payable to the special financial account may also be combined with the budget contributions and handed over directly to the treasury.

Funds payable to the special financial account are funds that are directly deposited into the corresponding special financial account upon receipt. Some of these funds are included in the financial budget management, and some are not included in the financial budget management. If you want to use it, you need to apply for it and transfer it to the basic account of the unit according to the amount approved by the financial department.

The income of extra-budgetary funds, that is, funds that are not included in the management of the financial budget, shall be determined by the units in accordance with the relevant management measures.

The funds payable to the special financial account shall be accounted for the extra-budgetary funds collected by administrative institutions in accordance with the regulations and shall be handed over to the special financial account. Generally, there are two forms: direct surrender and balance surrender. Units that implement the method of handing over extra-budgetary fund balances regularly record their revenues, and extra-budgetary funds that should be handed over to the special financial account according to regulations cannot be included in the revenue, and the extra-budgetary funds allocated from the special financial account and some of the extra-budgetary funds that have been approved by the financial departments and are not handed over to the special financial account for management are included in the revenue.