Circular 6 Tc/cđkt: A Guide To The Loan Funds Accounting, Bank Deposits In Foreign Currency And Foreign Currency Use Right Of State-Owned Enterprises

Original Language Title: Thông tư 06 TC/CĐKT: Hướng dẫn kế toán các khoản tiền vay, tiền gửi ngân hàng bằng ngoại tệ và quyền sử dụng ngoại tệ của các xí nghiệp quốc doanh

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Circulars of accounting the proceeds of the loan, bank deposits in foreign currency and foreign currency use right of State-owned enterprises _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ the implementation of Decree No. 40-CP on 7/2/1980 by the Council of Government on "policies and measures aimed at developing the export production," Foreign Trade Minister-State Bank issued Circular No. 12/TTLB-NT-NHNN on 1/8/1981 "Guide the establishment and use of the Exchange Fund and the right to use foreign currencies ". The Ministry of finance guidelines below a score of accounting related to the aforementioned regulations are as follows: 1-the accounting of funds borrowed in foreign currencies: as defined in Decree No. 40-CP on 7/2/1980 by the Government Council and teo the use enforcement through the Ministry of Foreign Trade-Union State Bank, the business unit and the Foreign Trade Organization ( here referred to as the enterprises) are foreign currency loans free capitalist transformation of foreign currency export Fund to pay on the following subjects:-the equipment, supplies, raw materials, goods to serve the production or export of machining.
-Materials, equipment, or the cost to the Organization of services for foreigners in order to increase income.
-The other object was the State Bank and the Ministry of foreign trade agree. The enterprises to organize accounting records to reflect the accurate, timely, full of foreign currency loan, payment situation and the use of foreign currencies borrowed by the loan forms, each credit contract and each type of Exchange in order to manage and promote the effectiveness of the loans in foreign currencies.
On the accounting of the funds borrowed in foreign currencies is reflected by the unified Vietnam money calculated according to rates of the current internal payment also on the bookkeeping details the funds borrowed in foreign currencies is reflected by Exchange and changing out the payment rate Vietnam money internally.
To the accounting of foreign currency loans, foreign currency loans enterprises is open the following accounts of the Bank loan accounts in the system of unified accounting: accounts-93 klhoản "short term Loan Bank" is divided into two terms: the minor account bank short term Loans "93.1" Primary account "short-term Bank Loans 93.2 in foreign currency"-94 accounts "Bank long-term Loan" was the bottle into two sub account: account long-term Bank Loan "94.1" Minor clause 94.2 long-term Lending Bank "in foreign currency," the U.S. account and account for 93.1 to 94.1 the accounting profession borrowed short term and lent long term bank of Vietnam with money, and the U.S. account and 94.2 93.2 refers to the accounting profession lends short term and long term bank loans in foreign currency freedom chuyênr modified.
For the previous sector according to the agreement of the Ministry of finance opened the cáctiểu account of the loan, the bank account is opened in the appropriate account in addition to the primary account has had to loan funds accounting in foreign currency according to the instructions in this circular.
The content, the structure and the reciprocal relations of the minor account bank short term Loans "93.2 in foreign currency" and the minor account Bank long-term Loan "94.2 in foreign currency", basically, the same as the content, the structure and the reciprocal relations of the account bank short term loans "93" and 94 "account long-term Bank Loan" defined in the unified account system. Here are some cases mostly:-the case of short term foreign currency loans for the payment with the seller about the funds to purchase supplies, raw materials, goods: When receiving the message paper currency lending of foreign trade Bank for payment with the seller, accounting record: TK 60 Debt "payment with the seller and the person receiving bids" Have short term loans "93 TK Bank" (TK 9.2 "short Loan Bank ratings in foreign currency).
-The case for long-term foreign currency loans to import machinery, equipment and spare parts under the investment plan has been the competent agency: receipt of the paper currency of the loan quote Bank for payment with the seller, accounting record: TK 60 Debt "payment with the seller and the person receiving bids" Have long-term Loans "94.1 TK Bank" ("long term Loan Bank 94.2 TK items in foreign currency).
As defined in Decree No. 40-CP on 7/2/1980 by the Government Council and circular No. 04 on 1/8/1980 of the Ministry of foreign trade-State Bank, the foreign currency loan investment companies a free conversion of "foreign currency export Fund" can use the foreign currency earned by exporting products , or the number of Exchange was rewarded with "right to use foreign currencies" to repay foreign currency loan.
Monthly or to the repayment term, after determining the number of exchange payable and the ability to pay the loan, the enterprises must prepare and submit to the foreign trade Bank to the credentials to extract deposits of foreign currency with which to repay the loan.:-If the enterprises using foreign currencies to link analysis and wait to repay borrowed money shall record the TK: debt Loan Bank short-term "93" (TK bank short term Loans "93.2 in foreign currency), or long term Loan debt-TK 94" Bank "(TK Bank long-term Loan" 94.2 in foreign currency ").
There are TK 51 "bank deposits" (TK 51.2 "Exchange Bank pending the analysis).
-If the enterprises using foreign currency deposits to repay borrowed money shall record:-TK Debt Loan Bank short-term "93" (TK bank short term Loans "93.2 in foreign currency"), or long term Loan debt-TK 94 "Bank" (TK Bank long-term Loan "94.2 in foreign currency").
There are TK 51 "bank deposits (TK 51.3" Exchange Bank)

-If the enterprises using foreign currencies to be rewarded with the right to use foreign currencies to repay Bank loans, the enterprises must export Vietnam money from deposit accounts or bank loans to buy foreign currencies, accounting record: 93 short term Loan debt-TK "Bank" ("short term Loans 93.2 TK banks in foreign currency" , or long term Loan debt-TK 94 "Bank" (TK Bank long-term Loan "94.2 in foreign currency").
There are TK 51 "bank deposits" (TK 51.1 "bank deposits").
or have other related TK (TK, TK 55 93...), and credited your account 011 "right to the use of Exchange" in addition to the property table by using the journal entry form.
To track and manage closely the loan amount, the payment situation and the use of the loan amount in foreign currencies, coupled with the general accounting records, the enterprises must open the detailed accounting to track foreign currency loan of reflection, the Exchange has paid and loan balances in foreign currencies for each loan form , each type of Exchange, each borrower and each time charged.
2-accounting the currency deposit: as required by the Bank, all the institutions in the country, which are allowed to export live abroad or exporting on the spot, the other services business unit, the unit of production, export and trading in and out of the plan There is no loan or loans, foreign currency by the Bank, and the unit was awarded the "right to use foreign currencies" are ưở foreign currency deposit accounts in Bank institutions.
Accounting for foreign currency deposits, the enterprises have foreign currency Bank be open the following accounts of Emirates Bank deposit accounts in the system of unified accounting: account-account 51.2 "Exchange Bank pending analysis of the" Primary account "51.3 foreign currency-Bank".
Accounting the bank deposit in Vietnam were made on u.s. account 51.1 "bank deposits" as defined in the system accounts.
For the previous sector according to the agreement of the Ministry of finance opened the account in money Vietnam accounting of bank deposit accounts, opened today the U.S. currency bank account, according to the General instructions in this circular.
a foreign currency deposit accounting) waiting to analyze the Forex: Forex deposit waiting analysis Forex be accounted into account 51 "bank deposits" primary account "foreign currency Bank 51.2 wait analysis". This clause refers to minor accounting revenues in foreign currencies in the Forex market analysis of waiting time for payment or to repay the loan. (The foreign currency accounts of the enterprises not to hurry because the operations in foreign currency loans the Bank or in the right use of enterprises due to be awarded in foreign currency, it shall be accounted directly into the U.S. clause 51.3 instructions in the following section).
The party Owes the minor account reflects the revenues of foreign currency (cash, cheque, wire transfer) parties that reflect the terms of Exchange has link analysis; the balance reflects the number of Exchange waiting for analysis.
When obtaining foreign currency export sales (or perform services) Bank, apartment accounting stasis on the Bank's report sent to hide window: debt TK 51 "bank deposits" (TK 51.2 "foreign currency Bank waiting to analyze the Forex") have the TK 46 "consume", or TK 49 "income on transport , post office and service business "...
When receiving the Bank's paper about the results analysis of the payment of the foreign exchange said on the relevant account, logging accounting as follows:-number of Exchange sent on to the foreign companies, the number for money exchange Vietnam girl internal statement will be transferred into the account or on the account of the appropriate bank loans by free money Male: debt TK 51 "bank deposits" (TK 51.1) or short term Loan debt-93 TK "Bank" (TK 93.1) Have TK 51 "bank deposits" (TK 51.2 "Exchange Bank pending analysis").
-Exchange links not allowed enterprise and be consigned to later extract foreign currency bank loan repayment when due debt: debt TK 51.3 currency "Bank" TK Has foreign currency Bank "51.2 wait analysis"-part exchange enterprises used to repay the loan before maturity TK: debt Loan Bank short-term "93" (TK 93.2), or TK 94 long-term Loans "Bank" (TK 94.2), TK 51 "bank deposits" (TK 51.2 "foreign currency deposit waiting analysis").
b) accounting currency deposit: the deposit of foreign currency are accounted into account 51 "bank deposits" minor clause 51.3 "of Exchange Bank." The minor account reflects the foreign currency amount the liberal capitalist transformation of the enterprises having foreign currency revenue of thuọc business activities in foreign currency loans that banks and enterprises have foreign currency sources quote unused bonus to the PRNG periodically sent at the foreign trade Bank to repay the loan when due or payment of Exchange customers.
The content, the structure and the reciprocal relations of the U.S. account of foreign exchange Bank "51.3" similar to the structural content and reciprocal relations of 51 accounts "bank deposits" defined in the account system of accounting.
When currency exchange Bank by revenue source, accounting record: TK Debt "bank deposits" (TK 51.3) Has 46 Had "consumed" TK TK 49 "income on transport, business and postal service" Have TK 51 "bank deposits" (TK 51.2) Has 56 other money Capital "TK" (TK 56.1) ...

When exporting foreign currency Bank for payment of the foreign currency loan was due or to import machinery, equipment and materials needed to serve the business production as defined by the State, the accounting records: 93 short term Loan debt-TK "Bank" (TK 93.2) long term Loan debt-TK 94 "Bank" (TK 94.2) or debt TK 60 "payment with the seller and the contractor" have the TK 51 "bank deposits" (TK 51.3 "Exchange posted in Bank").
Accounting of foreign currency deposit, in addition to General Ledger records, have to open the details window to track the revenues of each shipment, the payment situation of each trading account currency, deposit and the use of each deposit; regularly checked with the data bank to ensure accurately reflect the existing number and situation of the volatility of the foreign exchange deposit. On the accounting of foreign currency deposit is reflected by the unified Vietnam money calculated at the rates prevailing internal statement, also on the bookkeeping details the deposit of foreign currency is reflected as raw and changing out the payment rate Vietnam money internally.
3-The payment of the use right of Exchange as defined in Decree No. 40-CP on 7/2/1980 by the Council of Government, business enterprise, business organizations, foreign trade, the completion of planned comprehensive production and export State of affairs, then was awarded the Bonus:-Vietnam aims to increase three-Enterprise Fund rewarded with the right to use foreign currency.
The accounting monetary bonuses Vietnam aims to increase the unit's funds for 3, as already defined in the system accounts.
As for the bonuses, by the "right to use foreign currencies", the enterprises are opened more accounts in addition to the account number 011 table "currency" usage rights in the system of accounts, accounting to reflect the situation of Vietnam money quote and use of Exchange was awarded the flashes right to use foreign currencies ".
The party Owes the account reflects the foreign currency account 011 which enterprises was awarded the right to use;  the account party 011 reflect the foreign currency account that has enterprise use. The account balance reflects the currency number 011 enterprises was awarded the right to use but yet to use.
When the factory received the certificate of "right to use" then the accounting currency notes into account Debt 011 "right to use foreign currency in addition to the property table.
The event was awarded to private foreign currency (us dollars), when using the factory to Vietnam made money from sources which are relevant to the purchase of foreign currencies was awarded that, write: debt TK 51 "bank deposits" (TK 51.3), if bought foreign currencies deposit to the Bank; or short term Loan debt-93 TK "Bank" (TK 93.2) or TK 94 Bank "long term Loan" (TK 94.2, if buying foreign currency to repay the Bank loan was due Debt; or TK 60 "payment with the seller and the person receiving the bid" if buying foreign currency for payment with the seller.
There are TK 51 "bank deposits" (TK 51.1), or other related accounts (TK 55, etc.).
At the same time record: there are TK 011 "right to the use of Exchange" in addition to the property table by using the journal entry form.
The case was awarded the social currency (Ruble) when the unit use to buy supplies and goods of the organs of State material reserves or other agencies pursuant to the recommendation of the Ministry of foreign trade, Debt record: TK 60 "payment with the seller and the contractor" have the TK 51 "bank deposits" (TK 51.1) , or other related accounts.
At the same time record: there are TK 011 "right to the use of Exchange" in addition to the property table by using the journal entry form.
To monitor the private right to use foreign currency conversion liberal capitalism and Socialist foreign currency accounting, Ledger had to open more of the outer table 011 account "right to use foreign currencies". On the accounting books detail the account of Exchange was reflected by raw and changing out the payment rate Vietnam money internally.
4-accounting currency lodging foreign currency at the retail stores (in the foreign trade companies, travel companies, ...)
The professional currency lodging foreign currencies (bills, cheques ...) in retail stores in the foreign trade companies, travel ... was 56 account accounting "by other money Capital" in the system of accounts and accounting. To monitor the situation closely, to manage currency lodging and remain the Foundation of each type of bills and other securities in foreign currency, accounting to accounting book details for each type of bills and securities in foreign currency and the end of each month to balance the reporting currency currency currency lodging is reflected by the unified Vietnam money calculated according to the value of the current internal accounting , also on detailed bookkeeping, business currency currency lodging is reflected as raw and calculated into money Vietnam according to the rates prevailing internal accounting.
Business accounting currency currency lodging of the retail Notes these following points:-the case of the retail stocking is a unit reported the accounting profession currency lodging of exchange of mission by the company store: When foreign exchange sales, accounting logging company TK: debt Capital by other money "56" (TK 56.2) Are TK 46 "consume" (or TK 49...)
When currency lodging on bank deposit account to analyze the Forex, then write:

TK debt 51 "bank deposits" (TK 51.2 "Exchange Bank pending analysis").
There are TK 56 "by other money Capital" (TK 56.2).
-The case of the retail store is a not independent economic accounting but accounting organization and created the table summarizing the assets (units have legal personality is not full) then the accounting profession currency lodging foreign currencies mainly due to the shop.
When currency exchange sales, accounting log store: debt Capital "by other money 56 TK" (TK 56.2) Are TK 46 "consume" (or TK 49...)
When currency lodging on the Bank to convert into foreign currency account pending the company's analysis, log store accounting: debt payment "79 TK in the internal enterprise" TK "monetary Capital 56 Had other" (TK 56.2) receiving paper bank statements, accounting logging companies: debt TK 51 "bank deposits" (TK 51.2) have the TK in the internal payment "79 enterprises".
-Retail store case is the unit of economic accounting independently, then: When cash sales, record store accounting: debt Capital "by other money 56 TK" (TK 56.2) Are TK 46 "consume" (or TK 49...)
When currency lodging on account of the company: TK 78 "Debt payments internally about the transactional business sector" Has 56 other money Capital "TK" (TK 56.2) In the company, when receiving the Bank's notice paper record: TK Debt 51 "bank deposits" (TK 51.2) Have TK 78 "payment in the industry about the internal transactional business".
When the company moved Vietnam paid corresponds to the number of Exchange get to shop the company accounting records: TK 78 Debt "payments in the industry about the internal transactional business".
There are TK 51 "bank deposits" (TK 51.1).
The store's accountant received the money due the company moved down Vietnam record: TK Debt 51 "bank deposits" Have TK 78 "payment in the industry about the internal transactional business".
5-the accounting report on the loan and deposit foreign currencies: to reflect the situation of the loan and the use of foreign currencies, on the Board of the assets of the business units, the foreign trade organization was the Fund's foreign currency loans foreign currency export need additional foreign currency reflect the norms :-short term Loans in foreign currency (94.2) after section II. Technical innovation loans expand production (94) of type C liabilities.
-N goại currencies sent the Bank waiting to analyze the Forex (51.2)-Exchange Bank (51.3).
-Other money Capital in foreign currency of type C property.
-Exchange is entitled to use (011) reflect the addition to the property table.
Forex indicators are additional on Board of the property must be reflected in Vietnam on the basis of raw currency conversion according to the price rate of the current internal accounting.
At the same time with the addition of the necessary criteria in the table summarizing the assets, the enterprises must set a property table Appendix to sum up the situation of foreign exchange income of the enterprises in the States (specific analysis of the income (sales, loans the Bank, Forex , be rewarded...) and the purpose of the genus of Exchange (the import of materials and equipment, repay the loan ...) according to the attached template.

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