Daily Settlement Of Funds: Capital Management

In the daily accounting practice, I am afraid the most business is the daily settlement of the business. For a first time accountant, the first thing you do is usually this kind of business.

It is easy to do a lot of settlement, but for a beginner, if you want to be an accountant, you don't know how to connect it, but you have to be laughed at! So, here we will talk about the usual way of settlement and usual practice.

Payment and settlement in China

"Payment and settlement" stipulates that payment and settlement refers to the use of bills by units and individuals in social and economic activities.

The behavior of currency class payment and fund settlement when clearing, collecting, accepting and entrusting receipts.

From the above definition, it is not difficult to understand the following characteristics of payment settlement:

1. payment and settlement must be carried out through financial institutions approved by the people's Bank of China.

This is obviously different from the general monetary payment and capital liquidation.

2. payment and settlement is a form of behavior.

The so-called "behavior" refers to the behavior that must be carried out in a certain legal form.

3. the occurrence of payment settlement depends on the will of the client.

4. payment and settlement shall be governed by a unified and hierarchical management system.

The head office of the people's Bank of China is responsible for formulating a unified payment and settlement system, and organizing, coordinating, managing and supervising the work of payment and settlement in the whole country.

5. payment and settlement must be carried out according to law.

The "payment and settlement method" issued by China clearly stipulates the basic principles for handling payment and settlement.

1. to deal with money holders, we must abide by credit and perform payment.

2. for the payee, the principle of whose money will go into the account and who will control it.

3. for intermediary organizations, banks do not advance the principle.

Of course, for an enterprise, to handle payment and settlement, it is necessary to open accounts in the bank and have accounts.

According to China's "

"China's payment and settlement methods mainly include exchange, collection commitment, entrusted collection, credit card and bill," five.

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An enterprise may open accounts in many banks, but the functions of these accounts are not the same. It is necessary to know all about the knowledge of bank accounts.

According to China's "bank account management measures", bank accounts are generally divided into basic deposit accounts, general deposit accounts, temporary deposit accounts and special deposit accounts.

I. basic deposit accounts.

It is an account for depositors to handle daily pfer accounts and cash receipts and payments.

The cash expenses of wages and funds can only be handled through the basic deposit account.

An enterprise can only open a basic deposit account. When opening an account, it must have an opening permit issued by the local branch of the people's Bank of China.

Two, general deposit account

The account is an account opened by an enterprise in addition to a bank account pfer outside the basic deposit account, which is not an independent accounting entity at the same place as the depositor of the basic deposit account.

The account can be pferred to settle accounts and deposited in cash, but the cash can not be used for caries.

Three, temporary deposit account.

The account is an account opened by an enterprise for temporary business activities.

Enterprises can handle pfer accounts and cash receipts through this account.

Four. Special deposit account.

The account is an account opened by the depositor to the Bank of the enterprise for the purpose of specific purposes.

The funds for specific purposes mainly include the following three parts:

1. Capital construction funds

2, renovation and pformation funds.

3, for specific purposes, funds that need special account management.

At the same time, according to China's "bank account management measures" and "penalties for violation of bank settlement system", there are also severe penalties for enterprises' violation of account management.

1. if an enterprise rents or pfers an account, it shall impose a fine of 5% but not 1000 yuan, and confiscate the illegal income of the rental account.

2. if an enterprise opens a basic deposit account in violation of regulations, it shall be ordered to cancel the account within a prescribed time limit and impose a fine ranging from 5000 yuan to 10 thousand yuan.

In short, the basic deposit account of a bank generally refers to an account with the "bank account and account number" printed on the chapter of the enterprise contract. This account can only be opened by one enterprise and approved by the people's Bank of China. The opening of other three accounts is relatively easy, and enterprises can have multiple accounts in different banks.