Business funds are used to record the unrestricted net assets owned by enterprises. The fund is the unrestricted net assets of the institution, and its role in the institution is to adjust the annual balance of payments. In the next fiscal year, if the income of public institutions is greater than the expenditure, the balance of income and expenditure will be included in the fund of public institutions; If the expenditure of public institutions is greater than the income, the difference between them needs to be made up from the enterprise funds of the previous year. When determining the unit budget at the beginning of the year, if there is a gap in the expenditure arrangement, it can be made up by part of the operating funds.

What are the uses of enterprise funds?

Commercial funds can be used for research and development, production, marketing and human resources. Specifically, it can be used for:

Training R&D personnel, purchasing research equipment and funding research projects. , improve the enterprise's R&D ability and technical level.

Production equipment renewal, production process optimization, production line transformation, etc. , improve the production efficiency and product quality of enterprises and so on.