How To Calculate The Budget Of An Administrative Institution
The budgetary accounts payable are all kinds of funds payable by the administrative institutions in accordance with the regulations in the business activities. They include government funds, administrative fees, fines, confiscation of property, variable prices, no property, variable money, stolen money and stolen goods, and other budgetary funds.
The administrative institutions should pay in full to the budgetary revenues. They should not be misappropriated or concealed. They should not be able to intercept expenses or pfer to extra budgetary funds under any pretext.
The budgetary receipts should be settled monthly by the end of each month. The year-end accounts receipts must be cleared and paid without any balance.
We should pay the budgetary accounts and set up accounts payable according to the budget.
"Accounts payable" should be subsidiary ledger under general ledger.
When you receive the budget, you should pay the bank account or cash in cash: the budgetary amount should be paid: when you pay the budget, you should pay the budgetary loan: the bank balance, the balance of the accounts payable, the amount of the outstanding debts.
There should be no balance at the end of the year.
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