A budget commitment is what? Budgetary commitment: limits, accounting, conditions and procedure for adoption

According to Art. 6 A budgetary budget is called a spending obligation that is subject to execution during the fiscal year. It is accepted by the recipient of money through the conclusion of a municipal (state) contract, another contract with legal entities and citizens, individual entrepreneurs or according to law or other legal act. Next, let us consider in more detail what a budget commitment is.

General information

The aforementioned acts are signed and implemented by the state institution at the expense of funds from the budget within the limits of the transferred limits and taking into account the unfulfilled and accepted obligations. This provision is present in Art. 161, point 5. BC. From the foregoing it follows that budgetary obligations of budgetary institutions appear when they conclude labor contracts with employees.

Definition

A budget commitment is, in fact, a debt. It consists in the fact that the recipient of the appropriate means must make the necessary payments. They are established in the conditions of a civil law transaction that was concluded within the framework of powers either in accordance with the legislation, on the basis of another normative act, agreement and so on. From this it follows that the payment of salaries (allowances) is the budgetary obligations of budgetary institutions, which turn into financial ones.

The order of reflection in the balance sheet

According to paragraph 140 of the Instruction 162n, as well as in accordance with the explanations of the Ministry of Finance, which are given in the Letter of January 21, 2013 on the establishment of rules for making commitments to the accounting of public administration institutions, those that are provided for in the current financial period To the implementation of funds from the relevant budget during the reporting year, including those that were adopted and not performed in previous years and are subject to a certain amount of reflection.

Amount of assessed payments

This amount reflects the budgetary obligation to pay at the expense of the relevant articles to employees, persons who replace government posts in the Russian Federation, civil servants, military personnel serving, other categories of persons who are recipients of corresponding payments, travel expenses (for the advance payments including ), Other expenses (traveling, per diem, etc.), according to labor contracts, service contracts and regulations.

In the amount of accrued payments, articles are fixed on the transfer of payments established in the legislation. They include, in particular, taxes, duties, fees, fees, including funds for transfer to insurance and extra-budgetary funds. This amount also reflects the costs of state-stipulated payments to municipal (state) employees, persons who replace relevant posts, employees of state enterprises, citizens who have the status of military servicemen and who serve on conscription, students (pupils) of state educational institutions.

The volume of established LBO

This reflects the obligation to pay cash. It means, for example, remuneration, ration, salary. This budgetary obligation is the payment to employees of the beneficiaries of funds from the corresponding expenditure items that are provided for execution during the current reporting period.

Accounting for budget commitments

It is carried out in accordance with the documents that confirm their acceptance. Both the budget commitment and the monetary obligation are reflected in accordance with the list established by the enterprise within the framework of its financial policy. At the same time, the requirements of the authorized body for authorizing the payment of conditions that have been adopted by law, another normative act, agreement, and so on are taken into account. The provision on this is fixed in No. 318 of Instruction 157n. Special articles are used to reflect the funds that cover the budget obligation. These are special analytical accounts, which are provided in Instruction 157n:

• The reduced limits of budgetary obligations for the current year (number 1 501 11 000).
• The transferred amounts of expenditure items for this period (number 1 501 14 000).
• The received limits of budgetary obligations of the current year (number 1 501 15 000).
• The appropriations received for this period (comp. 1 503 14 000).

Execution of conditions

As was said above, the budgetary obligation is, for example, a duty to pay the content (contentment), salaries to the employees of the recipients of the funds of the relevant articles for the current financial period. They are provided for execution at the expense of expenses for the reporting year and are reflected in the debit of an acc. 0 502 11 211. They are recorded in the amount of approved limits. Execution of conditions is certified by the relevant payment documents.

The way in which the expenses covering the budgetary obligation are reflected is the write-off of funds from the personal account. In the balance sheet entries, this operation is fixed to invoices. 1 302 11 830. It reflects the reduction in payables by salary. Also, operations are carried out according to the sc. 1 304 05 211. It records calculations with the financial authority on wages.

Example

The size of the annual fund for labor remuneration from budgetary funds is 10 million rubles. In November 2013, the company accrued 500 thousand rubles to employees. Salary. These funds, net of personal income tax, were transferred to the cash department of the organization. It received 465 thousand rubles. Salary, which was not received by employees on the day of its issuance, is transferred to the depositor and sent to the company's personal account . The amount was 40 thousand rubles. In December 2013, the employee applied for a salary. In the balance, the movement data will be reflected as shown in the table.

LBO

What are the limits of budget commitments? LBOs represent the scope of the enterprise's rights to accept or execute expenditure items in a given period. They are presented in monetary terms. Due to the limits of monetary obligations, control over financing is tightened, which is correlated with actual budget revenues. In practice, two options for managing LBOs can be used: monthly or quarterly. The first are compiled, respectively, on a monthly basis. The volume of the second should not be higher than the budgetary allocation for the quarter.

Finally

Information on the undertaken, accepted and implemented obligations is reflected in the corresponding reporting form. This form, according to the Instruction 191n (item 68), the enterprises having the status of state, hand over to the main to the managing director by results of half-year and year. Instructions for the maintenance and application of charts of accounts, as well as on the preparation of financial statements are approved by the orders of the Ministry of Finance.