Do you want to make a provision in October?
Public institutions generally do not accrue funds, and when they are paid, they will be included in "business expenses". That is to say, consider it based on the cash basis method.
Is it necessary to set up a special fund?
Public institutions that generate their own income and support their own expenses may or may not make provision. Self-financing public institutions actually do not have financial or superior appropriations, and basically have operating income and operating expenses.
If withdrawn, it should be withdrawn at the end of the year. The withdrawal ratio can refer to the provisions of Chapter 6 "Special Fund Management" of the "Financial Rules for Public Institutions":
Article 27 Special Funds are Scientific Funds for special purposes withdrawn or set up by public institutions in accordance with regulations. Including:
(1) Repair and purchase fund, that is, the unit withdraws it according to a certain proportion of business income and operating income, and writes it out in repair expenses and equipment purchase expenses (50 each), and transfers it in accordance with other regulations. Income, funds used for the repair and purchase of fixed assets.
(2) Employee welfare fund, that is, funds withdrawn according to a certain proportion of the balance and transferred in accordance with other regulations, used for collective welfare facilities and collective welfare benefits of unit employees.
(3) Medical funds, that is, funds that units that are not included in the scope of national public medical expenditures withdraw according to regulations and directly use them for employees' public medical expenses with reference to the relevant regulations on public medical care.
(4) Scientific and technological achievements transformation fund, that is, the funds withdrawn by the unit according to a certain proportion of the business income, listed in business expenses, and withdrawn and transferred from the operating income and expenditure balance for the transformation of scientific and technological achievements. .
(5) Other funds, that is, funds withdrawn or set up by units in accordance with relevant national regulations.
The specific withdrawal ratio is determined by the unit office meeting, that is, the leadership decides, and the finance department only implements it.