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Institution accounts for construction in progress

2026-11-12 15:36
2026-11-12 19:26

The construction in progress of the public institution is as follows: 1. ** Setting of accounts and accounting content ** - The public institution set up the "1511 Construction in Progress" account to calculate the actual cost of various buildings (including new construction, reconstruction, expansion, repair, etc.) and equipment installation projects that had incurred necessary expenditures but had not been completed and handed over for use. - The detailed accounting should be carried out according to the nature of the project and the specific project. At the same time, the capital construction investment of public institutions should be separately established and accounted for in accordance with the relevant provisions of the state, and should be incorporated into this account and other relevant accounts at least on a monthly basis. The detailed account of "capital construction project" should also be set under this account to account for the cost of construction in progress incorporated into the capital construction account set (the specific accounting treatment of the capital construction account will be stipulated separately). 2. ** Accountant processing ** - For capital construction projects, the unit responsible for compiling the budget and final accounts of capital construction projects (namely the construction unit) shall be the main body of accounting. The construction unit shall carry out detailed accounting for the capital construction project under the relevant accounting items in accordance with the provisions of the "Government Accountant System". If the project management involves multiple entities and it is difficult to clearly identify the accounting entities, the competent department of the project shall determine the construction unit according to the relevant provisions of the Financial Rules for Capital Construction. - When the construction project implements the agent construction system: - ** Builder **: - When allocating the project funds of the agent construction unit, the financial accountant would borrow "prepayments-project funds in advance" and borrow "financial allocation income/zero balance account amount/bank deposit, etc."; the budget accountant would borrow "administrative expenses/business expenses, etc." and borrow "financial allocation budget income/fund balance". - When settling the project payment according to the project progress or confirming the cost of the construction in progress (if it does not involve supplementary payment), the financial accountant will borrow "construction in progress-construction installation project investment" and "advance payment-advance project payment". The accounting budget will not be handled. - When confirming the agent construction management fee (if it does not involve supplementary funds), the financial accountant will borrow "construction in progress-investment to be amortized" and borrow "prepayments-project funds in advance". The budget accountant will not deal with it. - When the project is completed and the assets are handed over for use (if no supplementary funds are involved), the financial accountant will borrow "construction in progress-construction and installation project investment, etc.", borrow "prepayments-prepayments for construction, etc.", borrow "fixed assets, etc.", and borrow "construction in progress". The budget accountant will not deal with it. If it involves supplementary payment of funds, at the same time of confirming the construction in progress, the supplementary payment amount shall be credited to the "financial allocation income/zero balance account limit/bank deposit", etc., and the corresponding accounting treatment shall be carried out in the budget accounting. - ** Agent Construction Unit (if the agent construction unit is a public institution)**: - Set up the first-level account of "1615 agent construction project". According to the nature and type of the project, set up detailed accounts such as "construction and installation project investment","equipment investment","amortized investment","other investment","infrastructure expenditure to be written off","infrastructure transfer investment", etc., to carry out accounting for the construction cost of the agent construction project. At the same time, he set up the detailed account of "Transfer-out of Agent Construction Project" under "Agent Construction Project". - When receiving the construction project funds allocated by the construction unit, the financial accountant borrowed "bank deposits, etc." and loaned "advance payment-advance payment for the project". The budget accountant did not handle it. - When the project funds are used or other expenses occur, the financial accountant will borrow "agent construction projects-construction and installation project investment" and borrow "bank deposits, payables, engineering materials, accumulated depreciations, etc.". The budget accountant will not deal with it. - When settling the project funds with the construction unit according to the project progress or confirming the cost of the construction project in progress with the construction unit at the end of the year and transferring it out, the financial accountant borrows "agent construction project-transfer out of agent construction project" and borrows "agent construction project-construction installation project investment". At the same time, he borrows "advance collection-advance collection of project funds" and borrows "agent construction project-transfer out of agent construction project". The budget accountant will not deal with it. - When confirming the income of the agent construction fee, the financial accountant borrowed "advance payment-advance payment of project funds, etc." and loaned "business income, etc.", while the budget accountant borrowed "fund balance" and loaned "business budget income, etc.". - When the project is completed and the assets are handed over for use, the financial accountant will borrow "agent construction project-transfer out of agent construction project" and "agent construction project-construction installation project investment" according to the construction cost in progress that has not been transferred out of the agent construction project. At the same time, the financial accountant will borrow "advance payment-advance payment for construction project" and "agent construction project-transfer out of agent construction project". If the supplementary payment is received during the final settlement of the project, the financial accountant will borrow "bank deposits, etc." and borrow "advance payment-advance payment for the project" according to the supplementary payment amount. Read more exciting novels for free

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