General fund refers to the accumulated surplus funds, which mainly come from two aspects: first, the undistributed balance of the year is transferred; The second is to transfer from the balance formed by the allocated special funds.
Investment fund refers to the fund formed by foreign investment, and there are two main sources of investment fund: first, it is transferred from fixed fund when using fixed assets to invest abroad; Second, when monetary funds, materials and intangible assets are used for foreign investment, they are transferred from the general fund. However, this part of the source did not actually increase Public Offering of Fund, but only converted ordinary funds in Public Offering of Fund into investment funds. When the investment is recovered, the investment fund should be converted into ordinary fund accordingly. According to the regulations, the general ledger account of "Public Offering of Fund" is set up, and two detailed accounts of "Public Offering of Fund-General Fund" and "Public Offering of Fund-Investment Fund" are set up according to the components.
At the end of the fiscal year, the undistributed balance of the current period will be transferred from the account of "balance distribution" to the credit of this account (general fund).
When investing in fixed assets abroad, the account (investment fund) shall be credited according to the assessed value or the value determined in the contract or agreement, and when investing in intangible assets abroad, the account (investment fund) shall be debited according to the difference between the value determined by both parties and the book value of intangible assets, and the difference between them shall be adjusted:
Institutions belonging to general taxpayers should debit or credit this account (investment fund) with the difference between the book value of materials and the deducted VAT output tax according to the value determined in the contract agreement;
Institutions belonging to small-scale taxpayers shall debit or credit this account (investment fund) according to the difference between the value determined in the contract agreement and the book value of materials.