The special funds of state-owned enterprises include: renovation fund, overhaul fund, new product trial-production fund, production development fund, reserve fund and insurance fund. Its source is mainly extracted by enterprises themselves according to regulations. Enterprises using special funds should implement the principle of earmarking, and use them first. Special fund is the main source of enterprise funds.
The formation and use of special funds, through the "special fund" account. When a special fund is formed, it is credited to this account, and when a special fund is used, it is debited to this account. The ending credit balance indicates the balance of the special fund.
Under the general ledger account of special funds, detailed general ledger accounts such as renovation fund, overhaul fund, new product trial-production fund, production development fund, reserve fund and risk margin should be set up, and detailed classification accounting should be organized.