A budget commitment is what? Budget 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 budgetary commitment is.

General information

The above acts are signed and implementedstate institution at the expense of funds from the budget within the limits of the finished limits and taking into account the unfulfilled and accepted obligations. This provision is present in Art. 161, item 5 BC. From the foregoing it follows that the 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 transaction, which 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 para. 140 Instructions 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, to those received expenditure items in the current financial period include those that are provided for sale by means 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 budgetaryobligation to pay at the expense of the relevant articles to employees, persons who replace public office in the Russian Federation, civil servants, military personnel serving, other categories of persons who are recipients of corresponding payments, travel expenses (for advance payments including), for implementation of other costs (traveling, per diem and so on), according to labor contracts, service contracts and regulations.

In the amount of accrued payments, articles ondeduction 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 moneycontent. It means, for example, remuneration, allowance, 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,which confirm their adoption. 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 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 budgetary obligation. These are special analytical accounts, which are stipulated in Instruction 157n:

• The reduced limits of budget obligations for the current year (number 1 501 11 000).
• The transferred volumes of expenditure items for this period (Count 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 (Exhibit 1 503 14 000).

Execution of conditions

As was said above, the budget commitment -this is, for example, a duty to pay the content (contentment), salaries to 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 ac. 0 502 11 211. They are recorded in the amount of approved limits. Execution of the conditions is certified by the relevant payment documents.

The way through whichthe reflection of the expenses covering the budgetary obligation is the write-off of the funds from the personal account. In the balance sheet entries, this operation is fixed to invoices. 1 302 11 830. It reflects the decrease in payables payable on wages. 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 wage fund frombudgetary funds - 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.

Operation	Amount
Delivered Limits	10 million
Obligations accepted and subject to execution within the limits of the LBO	10 million
Accrued salary	500 thousand.
Received funds in cash	500 thousand.
Employee Salary	465 thousand.
Amount attributable to the participant	465 thousand.
Dedicated funds for l / s	40 thousand
Adjusted amount of accrued liabilities	40 thousand
Deposit of deposited sums in l / s	40 thousand
Receipt to the cashier for the issuance of deposited funds	40 thousand
Issued deposited salary	40 thousand
Committed financial liabilities	40 thousand

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 may 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 about the brought, accepted and implementedliabilities are reflected in the corresponding reporting form. This form, according to Instruction 191n (item 68), the enterprises having the status of state, give to the main to the managing director on results of half-year and year. Instructions on the maintenance and application of charts of accounts, as well as on the preparation of reports approved by orders of the Ministry of Finance.