article 1 these provisions are formulated in order to make good use of active financial funds, expand the field of financial management, support social, cultural, educational and administrative institutions with income (hereinafter referred to as institutions) to carry out business activities and promote career development. Article 2 the nature of working capital for social, cultural and educational administration

Working capital for social, cultural and educational administration (hereinafter referred to as working capital) is the financial fund for the state to support the development of social, cultural and educational administration, and it is an integral part of the funds for social, cultural and educational administration. Working capital shall be set by financial departments at all levels, and shall be used in a paid way. Article 3 sources of working capital

(1) funds appropriated (or borrowed) by higher-level finance;

(2) changing the budget arrangement of the fiscal year at the corresponding level into paid funds without compensation;

(3) the funds arranged by the financial department at the corresponding level in the current year;

(four) institutions in accordance with the provisions of the financial funds for working capital;

(5) Budget funds offset by institutions that implement self-supporting management and transition to enterprise management;

(6) funds occupation fee and overdue funds occupation fee charged according to regulations;

(7) other funds for working capital. Article 4 the scope of use of working capital

(1) to solve the problem of insufficient funds for production and operation of institutions that implement self-supporting management;

(2) support qualified institutions to transition to self-supporting management;

(3) help the institutions with repayment ability to solve the temporary shortage of funds such as renovation, purchase of large-scale equipment that does not belong to the nature of capital construction and launching profitable projects. Article 5 Principles for Borrowing Working Capital

When a public institution borrows working capital, it must meet the following conditions at the same time:

(1) The projects supported by working capital must conform to the state's principles, policies and relevant regulations, and it is expected to achieve economic benefits after full demonstration.

(2) Units applying for working capital have relatively stable economic income and must have the ability to repay working capital.

(3) The leaders and financial personnel of the units applying for working capital have a strong sense of responsibility, a sound financial management system and subjective and objective conditions for managing and making good use of working capital. Article 6 Lending and recovery of working capital

(1) Any project that meets the requirements of Article 4 and any unit that meets the borrowing conditions of Article 5 may apply for borrowing working capital. Borrowing working capital is implemented in the form of economic contract. After the loan project of the unit is examined and approved by the competent department and the financial department, the financial department and the fund-using unit sign a contract (refer to the attached table), and the competent department signs and seals the guarantee. If necessary, please ask a notary office to notarize, clarify the responsibilities and rights of all parties, and make specific provisions on the loan term, guarantee form and penalty for breach of contract.

(2) The borrowing period of working capital is generally one year, and the borrowing period may be appropriately relaxed for a few projects with longer period.

(3) Working capital adheres to the principle of borrowing and returning on time. The payer shall take the initiative to repay the loan within the time limit stipulated in the contract. Projects with quick returns can be repaid in advance. The financial department may charge a certain capital occupation fee for the working capital lent; Those who fail to repay the loan within the time limit shall be charged an overdue fund occupation fee not lower than the bank loan interest rate; If the repayment is still overdue for more than half a year, the financial department will deduct it from the funds allocated by the guarantee department in the current year.

(4) The recovered working capital, the collected fund occupation fee and overdue fund occupation fee shall be deposited in the working capital special account by the financial department and continue to be used in accordance with the regulations. Article 7 management of working capital

(1) The working capital for social, cultural and educational administrative undertakings set up by finance departments at all levels shall be under the unified management of the cultural and educational administrative financial institutions of the finance departments at the same level, and shall be specifically responsible for lending and recovering the working capital.

(2) The cultural, educational, administrative and financial institutions of the financial departments at all levels should open a special account for working capital in the budget department or bank, and establish a special account for working capital, with designated personnel for management.

(3) financial departments at all levels should strengthen the management of working capital lent, establish necessary financial and statistical management systems, and record and assess the distribution, recovery and benefits of working capital. If the working capital is used in violation of the provisions of the contract and refuses to correct it, the contract shall be terminated and the working capital shall be recovered in advance. If the fund-using unit is unable to return it, it will be deducted from the funds allocated by the guarantee department in the current year. Article 8 accounting methods for working capital by financial chief accountant

All working capital for social, cultural, educational and administrative undertakings arranged with budgetary funds can be reported as expenditure under "other cultural and educational undertakings" according to the financial appropriation, and at the same time, it will be included in the management of extra-budgetary funds, and accounting will be carried out in accordance with the relevant provisions of the Accounting System for General Budget of Financial Organs. The recovered working capital shall continue to be used for turnover according to the specified purposes. The main accounting items and accounting entries of working capital are listed as follows:

(1) When reporting expenditures according to the financial allocation sequence,

Pay: budget expenditures

Pay: treasury deposits

At the same time,

Receipt: special fund

Receipt: extra-budgetary deposit

(2) Payment: special fund loan

Payment: extra-budgetary deposit

(3) Receipt: special fund loan

Receipt: extra-budgetary deposit

(4