The balance of special funds belongs to the net assets of financial departments at all levels, and the balance of special funds is settled once a year. At the end of the year, the financial department will balance the fund budget income with the fund budget expenditure, that is, the special fund balance of the year. The balance of this year's special fund plus the balance of the special fund at the end of last year is the accumulated balance of the special fund at the end of this year.

Calculation method

The balance of the special fund shall be settled once a year. At the end of the year, after the financial department reduces the fund budget income and fund budget expenditure, it is the balance of the special fund for that year. The balance of this year's special fund plus the balance of the special fund at the end of last year is the accumulated balance of the special fund at the end of this year.

Accounting method

1. The General Budget Accounting System of Finance 1997 promulgated by the Ministry of Finance in June set up a special fund balance account. This course is used to calculate the year-end implementation results of the special fund income and expenditure of the total budget accounting management.

2. At the time of year-end transfer, the financial department will transfer the final credit balance of the annual "special fund income" account to the credit of the "special fund balance" account, that is, debit the "special fund income" account and credit the "special fund balance" account;

Transfer the final debit balance of the annual special fund expenditure account to the debit of the special fund balance account, that is, debit the special fund balance account and credit the special fund expenditure account.

3 "special fund balance" at the end of the credit balance, reflecting the accumulated balance of this year's special fund, carried forward to the next year.