Key Benefits:
The Minister of Interior, Internal Security and Local Freedoms and the Minister Delegate to Budget and Budget Reform, Government Spokesperson,
Vu Decree No. 62-1587 of 29 December 1962 amending the General Regulation on public accounts, and in particular Articles 4, 50 and 52 thereof;
Having regard to the Order of 1 August 2004 concerning the application of an accounting plan to the local public sector,
Stop:
As from 1 January 2005, the budgetary and accounting instruction M. 71 is amended as follows:
1. In Volume I, Volume I, Title 1, Chapter 2, paragraph 4, entitled "Class 4-Third Party Account", the commentary to account 407-Conversion differences is replaced by the following comment:
This account records changes in debts owing to Suppliers denominated in foreign currency at the date of the order of account as a result of the application of the conversion rate.
When the application of the conversion rate decreases supplier debt, account 407 is debited by the credit of the Account 47722 "Decrease in other debts" (latent gain).
On the other hand, when the application of the conversion rate increases the supplier debt, account 407 is credited by the rate of account 47622 "Increase in other debts" (loss Latency).
Conversion differences, when offset by foreign exchange hedging contracts, are recorded in separate subdivisions of Accounts 476 and 477 (4768 and 4778 " Compensated Differences by Foreign Exchange) ").
These are non-budgetary inventory entries that must be reversed at the beginning of the next fiscal year to allow the historical value to be kept in accounting.
2. In Volume I, Volume I, Title 1, Chapter 2, paragraph 4, entitled "Class 4-Third Party Account", it is inserted an account 417-Conversion differences-Redevables, the commentary of which is worded as follows:
This account records the variations of the Debt owed in foreign currency at the date of the order of account as a result of the application of the conversion rate.
When the application of the conversion rate increases the debt, account 417 is debited by the credit of the Account 47712 "Increase in other claims" (latent gain).
On the other hand, when the application of the conversion rate decreases the debt, account 417 is credited by the debit of account 47612 "Decrease in other claims" (latent loss).
Conversion differences, when offset by foreign exchange hedging contracts, are recorded in separate subdivisions of Accounts 476 and 477 (4768 and 4778 "Compensated differences by foreign exchange hedging").
It These are non-budgetary inventory entries that must be reversed at the beginning of the next fiscal year to allow the historical value to be kept in accounting.
3. In Volume I, Volume I, Title 1, Chapter 2, paragraph 4, entitled 'Class 4-Third-party accounts', in the comment on account 445-Status-Taxes on turnover, before the part devoted to intra-Community VAT, it is inserted Part entitled "Simplified tax system" commented on as follows:
Where the community is subject to the simplified tax system provided for in Article 30ties A of the CGI, it shall file in respect of each fiscal year and no later than 30 April of the fiscal year following a CA12 return that determines the tax due in respect of the period and the amount of the advance payments due in July, October, December and April.
Quarterly instalment payments are made on or before April 24, July, October and December under the terms and conditions set out in article 287-3 of the CGI. The potential balance is paid when the annual return is filed.
When remitting each instalment, account 44581 "Eaccounts-Simplified tax system" is debited by the credit:
-account 44567 "Tax Credit to carry forward" If there is a VAT credit;
-from the account to the CRF for the balance to be disbursed.
When filing the annual return, the situation is regularized.
If a VAT supplement is to be paid, the VAT charged on account of The financial year is charged to account 44571 "VAT collected" by the credit of the accounts:
4456 "Deductible VAT";
44581 "Accounts-Simplified tax system";
44551 "VAT to be disbursed".
Account 44551 "Discharge VAT" is Then debited from the payment to the tax revenue by the credit of the account to the treasury.
If a surplus of VAT has been paid, the amount of the instalments paid is then credited to account 44581 "Eaccounts-Simplified tax system" by the debit of the Accounts:
44571 "Collected VAT", previously debited the amount of VAT deductible from the year by the credit of account 4456 "deductible VAT";
44567 "VAT Credit to be deferred" or, where applicable, 44583 " Refund of taxes on the Turnover requested ".
4. In Volume I, Volume I, Title 1, Chapter 2, paragraph 4, entitled "Class 4-Accounts of third parties", the commentary to account 467 "Other accounts receivable or accounts payable" shall be supplemented, after the fourth paragraph, by the following provisions:
Account 4677 "Conversion Differences-Accounts Receivable or Accounts Payable" records changes in foreign currency debt and debt owed to various accounts payable or receivable as of the date of issuance of the accounts due to the application Conversion rate;
Account 46771 "Conversion Differences-Miscellaneous Accounts" operates on the same terms as for Accounts 407 "Conversion Differences-Suppliers";
Account 46772 " Differences Of conversion-Various accounts "operates on the same terms as those set out for account 417" Conversion differences-Royalties ".
5. In Volume I, Volume I, Title 1, Chapter 2, paragraph 4, entitled "Class 4-Accounts of third parties", the last paragraph of the commentary to accounts 476 and 477 "Conversion differences" is replaced by the following
: In
year 47611 "Decrease in loans" by Vote 27;
Rate 47612 "Decrease in other claims" by Vote 417 or 46772;
Rate 47621 " Increase Borrowings and assimilated debt "by Vote 16;
Rate 47622" Increase in Other Debts " by Vote 407 or 46771.
Subdivisions of account 477 are mainly hectic as follows:
Rate 27 ... By Vote 47711 "Increase in loans";
Rate 417 or 46772 by Vote 47712 "Increase in other claims";
Debit 16 ... By Vote 47721 "Decrease in borrowings and assimilated debt";
Debit 407 or 46771 by Vote 47722 "Decrease in other debts".
The entries recorded at the end of the fiscal year are reversed at the beginning of the next fiscal year. These are non-budgetary entries.
Conversion differences, when offset by foreign exchange hedging contracts, are recorded in separate subdivisions of Accounts 476 and 477 (4768 and 4778 " Differences Offset by foreign exchange hedging ").
6. In Volume I, Volume I, Title 1, Chapter 2, paragraph 5, entitled "Class 5-Financial Accounts", the comment on account 51172-Unpaid Cheques is replaced by the following comment:
Account 51172-Unpaid Cheques.
Account 51172 " Unpaid cheques " is intended to follow outstanding cheques that gave rise to immediate credit. Their regularisation must take place as soon as possible.
It is debited from the account in the Consolidated Revenue Fund of the amount of outstanding cheques. It is credited by the flow of the account to the Consolidated Revenue Fund at the time of their regularization.
In the absence of regularization, the clearance of account 51172 shall be effected under the following conditions: settlement by check not resulting in novation, non-payment A cheque for default on a reserve leaves the original claim.
Also, the person liable is placed with the region in the same situation as he had when the cheque was paid; the transaction is purely and simply Cancelled by recording a debit entry to the account for taking charge of the title, credited initially by the credit of account 51172.
In this case, account 51172 is credited by the rate of account 429 " Deficits and bets of accountants and In the light of the decree of debits taken against the accounting officer, as indicated in the comments of account 429.
7. In Volume I, Volume I, Title 1, Chapter 2, paragraph 5, entitled "Class 5-Financial Accounts", the first two paragraphs of the commentary to account 58-Internal transfers are replaced by the following provisions:
Account 580-Operations Budgetary;
Account 580 "Budgetary transactions" is a pass-through account used for the accounting of transactions at the end of which it is to be resolved.
It is used in transaction accounting Budget due to the possible discrepancy between the accounting for the securities and the corresponding mandates.
In this case, the accounting officer asks the authorising officer to issue the title or mandate as soon as possible. Any case before the end of the fiscal year.
8. In Volume I, Volume I, Annex 1 entitled "Account Plan":
-the wording of account 28121 is changed to "Plantations of trees and shrubs",
-account 281721 "Plantations of trees and shrubs" is created,
-account 281728 "Other layouts and layouts" is created,
-Account 29761 "Loan Guarantee Advances" is created,
-Account 29768 "Other Capital Accounts" is created,
-Account 417 " Conversion differences - Redevables "is created,
-account 473" Expenses outside of Settlement "is deleted,
-account 580 is changed to" Budgetary Transactions ",
-Account 7382" Development Contribution "Is created,
-the label of Account 7452 is changed to" Endowment of the National Development and Learning Modernization Fund (FNDMA) ".
9. In Volume I, Volume II, Annexes to Volume II, Annex 1 entitled "List of budgetary chapters of the budgets voted by nature" is amended in accordance with the following Annex.
10. Volumes I and II of Volume II relating to the presentation of budget documents are respectively supplemented by the supplementary budget voted by nature and the supplementary budget voted by function, annexed to this Order.
The Director General of Local Communities and the Director General of Public Accounts are responsible for each Concerning the execution of this Order, which shall be published in the Official Journal of the French Republic.
A N N E X E
Schedule 1 of Volume II of the budgetary and accounting instruction M. 71 is amended as follows:
Investment Section
Global Chapters (Expenses and Revenues)
You can view the table in OJ
n ° 1 of 01/01/2005 text number 18
Non-globalised Chapters (expense and revenue)
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n ° 1 of 01/01/2005 text number 18
Chapters with no items (expense or revenue)
You can view the table In OJ
No. 1, 01/01/2005 text number 18
Capital equipment operations (expenditure)
The deliberative assembly has the option of voting for one or more Several investment section operations.
The transaction consists of " a collection of capital assets, capital works, equipment grants, and related study costs resulting in the acquisition of The realization of one or more works of the same nature ".
The chapter corresponds to each open operation. Since each operation is assigned a number freely defined by the region, (from 10), the region is then used to identify each chapter "equipment operations".
Chapters with only Forecasts without execution
You can view the table in OJ
n ° 1 of 01/01/2005 text number 18
Operating Section
Global Chapter of Expenses and revenue
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No 1, 01/01/2005, text number 18
Global Chapters of Expenses
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n ° 1 of 01/01/2005 text number 18
Other expenditure chapters
You can view the table in the OJ
n ° 1 of 01/01/2005 text number 18
Chapter with no-run forecasts
(expenses)
You can view the table in OJ
No 1 of the 01/01/2005 text number 18
Global revenue chapters
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No 1 of 01/01/2005 text number 18
Other revenue chapters
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No 1, 01/01/2005, text number 18
Done at Paris, December 28, 2004.
The Minister of the Interior,
of internal security
and local freedoms,
For the minister and delegation :
The general manager
of the local communities,
D. Schmitt
Associate Minister for Budget
and Budget Reform,
Government Spokesperson,
For the Minister and Delegation :
The
Director General of Public Accounts,
J.
Bassers
