Approved by the Ministry of Finance of the Republic of Uzbekistan of December 21, 1999 No. 100

Regulations on financial accounting of the income and expenses of state-financed organizations

I. General provisions

1. This provision is developed on the basis of the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of September 3, 1999 N414 "About Enhancement of Procedure for Financing of State-financed Organizations" and others legislative and regulations and establishes procedure for conducting financial accounting of the income and expenses, and also creation of the reporting by all ministries, departments, companies, organizations and organizations financed from the Government budget as received not received the status of the legal entity.

2. Heads of organizations and organizations according to procedure for financing of the N414 Cabinet of Ministers approved by the resolution of September 3, 1999 have the following rights and obligations:

- Economical, effective and address use of budgetary funds and strengthening of budget discipline, and also creation of opportunity for maneuvering by the available means for achievement of the maximum effectiveness in use of means.

- Combinations of budget financing to expansion of activities on production and sales of goods (works, services) in profile of state-financed organizations.

- Creations of conditions for work incentives of employees of state-financed organizations, increases in effectiveness of their activities and fixing of personnel.

3. Financing of the expenses connected with ensuring defense capability, safety of the State, maintenance of internal procedure in the country, etc. is performed according to the procedure, provided by the Ministry of Finance of the Republic of Uzbekistan.

II. Financing of expenses from the Government budget

4. Financing from the Government budget is performed on the following expense groups:

I. The salary and the payments equated to it (benefits to families with children and financial support to needy families, grant, etc.), enter this expense group expense types 01-1-00, 03-4-1O, 03-4-20, 03-4-25, 03-4-30, 03-4-40 - economic classification of expenses.

II. Charges on the salary, are included into this group expense types 01-2-00 - economic classification.

III. Capital investments (according to the address lists provided by the State investing program), are included into this group expense types 04-2-00, 04-3-00 - economic classification.

IV. Other expenses, enter into this group expense types 01-3-00, 01-4-00, 01-5-00, 01-6-00, 01-7-00, 01-8-00, 01-9-00, 03-1-00, 03-3-00, 03-4-45, 03-4-90, 03-5-00, 04-1-00, 04-4-00, 04-5-00, 05-0-00, 06-0-00, 07-1-00, 07-2-00, 07-3-00, 08-1-00, 08-2-00, 08-3-00, 09-1-00, 09-2-00, 10-0-00 - economic classification.

5. Financing is made according to quarterly distribution of the annual list of expenses of the budget constituted according to the approved parameters of the budget for the corresponding year, and expense budgets of state-financed organizations taking into account the changes made to list and expense budgets in the course of budget implementation.

6. In first-priority procedure expenses of state-financed organizations on I and II expense groups are financed. At the same time implementation of expenses of the I group without the corresponding expenses on the II group is strictly forbidden.

7. Assignments for capital investments are allocated according to the approved Republican investing program the current fiscal year, according to address lists of buildings and the current legislation.

8. Financing on I and II expense groups from republican and local budgets is made monthly according to estimates and list of expenses of the budget taking into account the changes made to them, and also accomplishment of the established estimative indicators for the previous accounting period.

Financing of capital investments and other expenses is performed monthly in process of receipt of funds in the budget.

9. Financing of state-financed organizations:

From the republican budget - it is drawn up in the Ministry of Finance of the Republic of Uzbekistan by the account schedule of the established form (with indication of in it paragraphs of budget classification and expense groups) and the payment order on money transfer in one line on each expense group, except expenses of the I group which for ensuring control of timeliness of salary payment and the expenses equated to them, are financed on expense types;

From local budgets - it is drawn up in the relevant financial bodies by the order of the established form (with indication of at it paragraphs of budget classification and expense groups) and the payment order on money transfer in one line on each expense group, except expenses of the I group.

Financing is performed separately according to each paragraph.

The assigned means are used by budgetary institutions strictly according to those paragraphs of expenses on which were received.

Budgetary institutions are forbidden to change independently approved limits of expense groups.

Scope change of expenses on groups and paragraphs is in competence of the Ministry of Finance.

Responsibility for target use of the assigned means according to the corresponding paragraphs and expense groups is assigned to heads and chief accountants of state-financed organizations and organizations.

10. When implementing financing of expenses of state-financed organizations planned budgetary appropriations in new budget year decrease by the amount of exceeding of receivables over creditor and above-standard remaining balance of inventory items of state-financed organizations as of January 1 of the year following for reporting, formed due to use of budgetary appropriations (means).

III. Opening of accounts

11. The budgetary institutions and the organizations which again received the status of the legal entity in organizations of banks open in accordance with the established procedure the following accounts:

- The main on-demand deposit account according to budgetary funds;

- The on-demand deposit account on extrabudgetary funds of Fund of development of state-financed organizations.

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