What is centralized treasury payment?

The centralized treasury receipt and payment system is a system of centralized receipt and payment of financial funds. Because its core is the centralized management of cash through a single treasury account, this system is generally called the single treasury account system. This system has three basic characteristics: first, the unified opening of a single treasury account; Second, all financial revenues are paid directly to the state treasury, and the main financial expenditures are paid directly by the financial department to the providers of goods or services; The third is to establish an efficient budget execution organization, a scientific information management system and a perfect supervision and inspection mechanism.

What is the centralized treasury payment system, including those accounts, and what is the meaning of accounts?

In basic deposit account, the account of the company's own funds and working capital used for daily transfer settlement and cash receipt and payment is still the company's account, and the zero-balance account of the company is opened as a special deposit account after centralized payment by the state treasury.

What is centralized payment from the Treasury of the Finance Bureau?

The centralized treasury payment system and the centralized treasury payment system are isomorphic to form the centralized treasury payment system. The centralized treasury receipt and payment system refers to * * * bringing all financial funds into the management of the treasury single account system, and the income is directly paid into the treasury or financial special account, and the expenditure is paid to the providers or users of goods and services through the treasury single account system. It is an integral part and main content of the whole financial management system reform to gradually establish and improve the financial treasury management system based on the treasury single account system and with centralized treasury receipt and payment as the main form.

The meaning of centralized treasury payment system

Centralized treasury payment system is a kind of financial expenditure management mode widely adopted in developed countries, and its specific form varies with the actual situation of different countries. In our country, this is still a new topic, and the concept of centralized payment by the state treasury has not been standardized. The meaning of centralized treasury payment system needs to be understood from the following aspects: First, centralized treasury payment system is an integral part of centralized treasury payment system. Secondly, the centralized treasury payment system is relative to the current decentralized treasury funds payment. At present, the allocation of financial funds is a seminar on the centralized payment system of the budget treasury, which is reported by the unit according to the budget level and then issued by the finance.

Funds are transferred from the state treasury to the first-level units and distributed to the grass-roots units according to the budget levels. The grass-roots units purchase goods or pay services according to the relevant regulations and business needs, forming the actual expenditure of financial funds. The centralized payment method of the national treasury is to change the current procedure of graded allocation of financial funds. The centralized treasury payment institution opens a special account for treasury payment in a designated bank, and the unit applies when it needs to buy goods or pay services. After being audited by the centralized treasury payment institution, the funds will be paid directly to the payee from the special treasury payment account. Thirdly, the centralized treasury payment system is based on the development and wide application of computer technology, and it is the inevitable product of historical development and social progress. The main control goal and basis of implementing the centralized treasury payment system is the financial budget index, and the realization of the financial budget index can not be separated from the powerful and fast financial budget management and information feedback system. In addition, an accurate and timely bank settlement system is needed as a guarantee. With the development and popularization of computer technology, it can fully meet the needs of this reform. To sum up, the centralized treasury payment system is an important part of the centralized treasury payment system. It is a treasury fund management system based on computer network technology, aiming at improving the efficiency of financial funds use and changing the current procedures of financial funds allocation at all levels. The centralized treasury payment institution opens a centralized treasury payment account in a designated bank and deposits all financial funds into the centralized treasury payment account. When a unit needs to buy goods or pay labor services, it shall apply, and after being audited by the centralized payment institution of the state treasury, it shall directly pay the funds from the centralized payment account to the payee.

Edit the basic contents of centralized treasury payment system in this paragraph.

Reform the current institutional setup and management system.

To implement the centralized treasury payment system, we must first reform the current institutional setup of the financial department and the current financial accounting system, establish a payment system that combines the treasury payment center, accounting center and procurement department, and establish a budget institutional setup and management system that integrates budget review, fund payment, supervision and management.

Improve the way of fund management.

According to the basic content of centralized treasury payment system and foreign experience, an account system combining single account and classified account should be established to realize fund concentration, accounting concentration and payment concentration. At present, China should cancel all the original accounts of each budget unit on the premise that the right to use funds and the right to approve funds remain unchanged. The centralized treasury payment center will open a "single treasury account" in the People's Bank of China, and all financial funds will be deposited in this account. When the budget unit needs actual payment, the funds will be directly allocated to the supplier from the single treasury account. Until then, funds should always be kept in a single account in the national treasury. Accordingly, it is necessary to establish a treasury ledger management system, that is, to set up a general ledger and a subsidiary ledger for each budget unit under a single treasury account to record their respective budget implementation and fund use. * * * *' s financial budget department issues budget indicators to the budget unit every year, examines and approves the payment application put forward by the budget unit, and entrusts the payment center to handle the specific payment procedures. According to this fund management method, * * * financial funds will be paid uniformly under the single account system of the national treasury, and the financial budget department will also open a zero-balance account in commercial banks, and ... >>

What is the significance of establishing a centralized treasury payment system?

What is the significance of establishing a centralized treasury payment system?

(1) fundamentally solved the disadvantages of multi-link allocation, multi-head management and multi-account storage of financial funds, and improved the efficiency of the use of financial funds.

In the past, after the plan for the use of unit funds was approved, the state treasury had to transfer the funds to the unit bank account at one time, which on the one hand resulted in the balance of financial funds scattered in multiple accounts, and on the other hand caused the lack of funds in the state treasury and made it difficult to dispatch them. After centralized treasury payment, the unit's payment plan is separated from fund allocation, so that the balance formed by the unit is reflected in the index balance of the payment plan, while the actual fund balance is in the treasury or treasury centralized payment account. According to the actual data of April 20001Shaanxi province, the amount of funds allocated by the provincial treasury to the special account of the accounting center accounts for 57% of the actual plan, and the financial funds can be delayed by 43%, an increase of 76.77 million yuan compared with the previous treasury balance. Together with the balance of funds paid into the special account by the accounting center, the balance of funds in the national treasury actually increased by 95.33 million yuan, accounting for 53% of the planned amount.

(B) reduced the operating costs of financial funds.

First of all, after centralized payment by the state treasury, all the unused funds of the unit are in the state treasury, which can reduce the number of short-term loans or the issuance of national debt. Secondly, from allocating funds to multiple accounts in the past to allocating funds to one account, the amount of funds in transit is greatly reduced, thus reducing the operating cost of financial funds. According to the operation results of centralized treasury payment system implemented in April, 20001year in Shaanxi province, the actual number of treasury appropriations was only seven times, and before the implementation, the treasury had to issue more than 300 vouchers for more than 70 accounts in1year.

(3) Strengthen budget implementation and promote the pace of departmental budget reform.

In the past, the funds were directly transferred to the bank account of the budget unit. Whether the unit carried out according to the established budget and the progress of the implementation could only be checked and supervised afterwards, which was easy to form two skins: budget and implementation. 20 13 every expenditure should be under the control of relevant budget indicators, and the financial department can keep track of the actual expenditure progress of each budget at any time, providing accurate information for formulating more reasonable departmental budgets.

(four) truly reflect the actual expenditure of financial funds, so that the financial sector can make timely and accurate judgments on the financial situation.

According to the current general budget accounting system, financial expenditure is presented in the form of financial appropriation. Because financial funds are allocated by levels, units often put funds into their own accounts before starting business, resulting in a large number of funds scattered in the accounts of various departments and units of commercial banks, and the actual formation of various expenditures has a certain lag period. The expenditures reported in the general financial budget do not reflect the actual expenditures of financial funds, and there is a big gap between them. The financial department and the central bank can't fully understand the operation of the whole financial funds, which brings some difficulties to the preparation of the financial budget and even wastes the funds. After centralized payment by the state treasury, the total budget expenditure and unit expenditure are actually formed at the same time. The total budget expenditure can truly reflect the actual expenditure of financial funds, which is conducive to the financial sector to make timely and accurate judgments on the financial situation.

(5) Effectively prevent misappropriation, misappropriation and interception of financial funds, and prevent and curb corruption at the source.

After the implementation of centralized payment by the state treasury, all financial funds will no longer be pre-allocated to the account of the budget unit, and will be reviewed before the budget implementation. Balance is reflected by indicators, so the possibility of crowding out, misappropriating and intercepting financial funds is greatly reduced, especially it is impossible to intercept financial funds. Because every expenditure of the budget unit must pass the financial audit, with the implementation of departmental budget reform, the budget is more detailed, thus playing a role in preventing and curbing corruption.

(vi) Speed up the availability of funds.

After the implementation of the centralized treasury payment system, for each budget unit, the procedure of allocating funds from the treasury to the unit is omitted. After the national treasury approves the unit plan, it is directly transmitted to the accounting center through the electronic network. After the accounting center receives the plan, the unit can use the funds, and the funds can be put in place 3-5 days in advance.

What kind of unit is the national treasury centralized payment center?

Generally, it is a public institution located in the Finance Bureau (some are administrative establishment), which is mainly responsible for the treasury payment of budget implementation.

What is the national treasury centralized payment system?

The so-called centralized treasury collection and payment system refers to the centralized collection of all financial funds into a single treasury account, and stipulates that all expenditures must be paid directly by the treasury to suppliers or users of goods or services, and the revenue and expenditure are managed separately. Under this system, the use of financial funds is decided by all departments and units independently according to the detailed budget, and the expenditure is approved by the financial department. The financial funds will be directly allocated to the suppliers of goods and services from the single account of the national treasury, without the need for transfer and settlement by the expenditure unit. In order to meet the needs of small and scattered expenditures of various departments and units, the financial department may set up a small cash account and a zero-balance account for the budget unit. Before the actual payment, all the funds are concentrated in the state treasury, and the financial department can make unified dispatch. A centralized treasury payment system has been established, and the mode of financial expenditure has been reformed. According to the different payment subjects, direct financial payment and authorized financial payment are implemented respectively. The expenditures directly paid by finance include: wage expenditures, purchase expenditure and transfer expenditure; Financial authorization payment includes: procurement expenses and sporadic expenses that are not directly paid by the financial department. The establishment of centralized treasury collection and payment system will basically not change the current procedures for fund application and disbursement, the authority for the use of funds by budget units, accounting and financial management responsibilities, but it will cause changes in the accounting and financial management mode of budget units, which will certainly have a certain impact on the institutional setup and responsibilities of units, especially the financial department. At present, China's financial funds are paid into the state treasury and distributed through the establishment of multiple accounts by tax authorities and budget units. This operation mode formed under the traditional system has not adapted to the development requirements of public finance, and its disadvantages are as follows: repeated setting and decentralized setting of accounts lead to low transparency of financial funds, which is not conducive to effective management and comprehensive supervision; The feedback of financial revenue and expenditure information is slow, so it is difficult to provide accurate basis for budget preparation, implementation analysis and macro-control in time; The storage time of financial funds is delayed, the income is not standardized, and a large amount of funds are often stranded in budget units, which reduces the efficiency of use. The use of financial funds lacks prior supervision, and problems such as interception, misappropriation and misappropriation occur from time to time, and even corruption occurs. The centralized treasury payment system has fundamentally changed the chaotic situation of decentralized financial management and multi-head account opening in the past, and eradicated the root cause of corruption. At present, the reform plan of centralized treasury collection and payment system has been approved by the State Council, and implemented by several central departments, such as the Ministry of Finance, the Ministry of Water Resources and the Ministry of Science and Technology, and fully implemented during the Tenth Five-Year Plan period.

What is the difference between direct payment and authorized payment in centralized financial payment? 5 points

Direct financial payment refers to the payment instruction issued by the financial department. According to the payment instructions of the financial department, the agent bank directly pays the funds to the payee's or user's account through the treasury single account system. The types of direct financial payment include salary expenditure, * * procurement and other expenses.

Financial authorization payment is another way of centralized payment by the state treasury. It means that the budget unit determines the use of funds according to the departmental budget and fund use plan, issues payment instructions by itself and sends them to the agent bank according to the authorization of the financial department, and pays the financial funds to the payee or user's account through the unit zero-balance account or special account in the national treasury single account system. The scope of expenditure authorized by finance refers to all expenditures except direct financial payment.

Direct payment workflow:

1, after summarizing the first-level budget units, fill in the Application for Direct Financial Payment and report it to the Treasury Payment Center of the Finance Bureau.

2. After the examination and confirmation by the Treasury Payment Center of the Finance Bureau, the Notice of Summary and Liquidation Amount of Financial Direct Payment and the Voucher of Financial Direct Payment were issued to the People's Bank, the account opening bank and the agent bank of extra-budgetary funds account respectively.

3. The agent bank will pay the funds directly to the payee or unit in time according to the "financial direct payment voucher", and then issue a "financial direct payment notice" and send it to the first-level budget unit and the grassroots budget unit.

4. The first-level budget units and grass-roots budget units shall take the notice of direct financial payment as the receipt and payment voucher.

5. The agent bank shall, according to the payment instructions of the Treasury Payment Center of the Finance Bureau, summarize the funds actually paid on the same day according to the first-level budget units and budget subjects, fill in the transfer application voucher according to the nature of the funds, and attach the actual payment list, respectively, with the treasury single account and extra-budgetary account for liquidation.

6. The People's Bank of China and the extra-budgetary bank shall, within the amount determined in the Notice on the Summary and Clearing Amount of Direct Financial Payment, conduct capital settlement with the agent bank according to the remittance application filled in by the agent bank every day and the actual amount of financial funds paid.

Authorized payment workflow:

1. Amount of funds applied for and released.

The budget unit shall prepare the monthly payment plan in accordance with the prescribed time and procedures, and apply for financial authorization to pay the payment amount. After the examination and approval of the financial department, the "Notice of Financial Authorized Payment Summary Clearing Amount" and "Notice of Financial Authorized Payment Amount" were issued to the People's Bank of China and the head office of the correspondent bank respectively. The former is used to notify the People's Bank of China to handle the summary clearing business; The latter informs the head office of the correspondent bank to issue the financial authorization payment amount step by step. The head office of the correspondent bank will notify the relevant branches of the line within 1 working days, and each branch will notify the budget unit within 1 working days. The budget unit can handle the financial authorization payment business after receiving the notice of receipt of the financial authorization payment transferred by the agency bank branch.

2. The budget unit handles the payment business

The budget unit shall issue the financial authorization payment instruction by itself on the basis of the amount determined in the Notice of Collection of Financial Authorization Payment Amount, and notify the agent bank to handle the fund payment business. The carrier of financial authorization payment instruction in 2006 is the new version of bank draft and settlement voucher. The content of financial authorization payment instruction mainly includes 8-digit continuous codes of budget management type, budget subject and expenditure type information. In 2007, the content of the financial authorization payment instruction will be adjusted.

3. The agent bank handles the payment

After receiving the payment instruction submitted by the budget unit, the agent bank shall examine whether the payment instruction amount is within the scope of the financial authorized payment amount of the corresponding budget subject issued by the Ministry of Finance, and whether the payment instruction information is complete. After the audit is correct, cash payment or transfer, letter transfer, wire transfer and other fund payment and remittance services shall be handled in accordance with relevant regulations.

4. Accounting treatment of budget units

The accounting treatment of budget units includes two aspects. First, after receiving the notice of financial authorization payment from the correspondent bank, debit "payment from zero balance account" and credit "financial subsidy income (or disbursement of funds)-financial authorization payment"; Two, notify the agent to pay, according to the seal of the agent's receipt (triple) and other documents, debit the relevant expenditure subjects, credited "zero balance account amount".

5. Acting as an agent for bank clearing funds

According to the paid funds, the correspondent bank shall fill in the "Financial Authorization Payment Application Transfer Voucher" within the specified time before the end of the business day and file a liquidation application with the People's Bank of China. The People's Bank of China will transfer the funds into the deposit reserve of the correspondent bank in the People's Bank of China within the specified time according to the specified procedures ... >>

What is centralized payment?

Catalogue of centralized treasury payment

basic content

operation sequence/order

Basic operating conditions

Edit the basic content of this paragraph.

Centralized treasury payment is a system based on treasury single account system, relying on perfect financial payment information system and real-time inter-bank clearing system. At the time of payment, the budget unit makes an application, and after being audited by the prescribed audit institution (the national treasury centralized payment execution institution or the budget unit), the funds are paid to the payee through the national treasury single account system. The treasury single account system includes the treasury single account set up by the financial department in the People's Bank of China at the same level and the financial zero-balance account, unit zero-balance account, extra-budgetary financial special account and ad hoc special account set up by the financial department in the agent bank. There are two ways to pay financial funds: direct financial payment and authorized financial payment.

Edit this operating procedure

The budget unit applies to the financial payment institution according to the approved payment plan, and pays it to the payee in the zero-balance account of the budget unit after the payment institution agrees, and then liquidates the zero-balance account and the financial centralized payment account through the bank clearing system, and then liquidates the centralized payment account and the treasury single account. Under the centralized payment mode of the national treasury, because the inter-bank liquidation is carried out in real time through the computer network, the special account for financial payment and the account of budget unit should be zero-balance accounts after daily liquidation, and the daily balance of financial funds should be deposited in a single account of the national treasury.

Edit the basic operating conditions of this paragraph.

In order to realize the function of centralized treasury payment system, a financial payment management information system must be established in the financial system, which connects the financial business department, the central bank treasury, centralized payment institutions, budget units and handling banks, and the system provides real-time budget index information and payment instruction information to all parties concerned; In the banking system, it is necessary to establish an inter-bank clearing system that connects the central bank's treasury, banks that handle centralized financial payment accounts and banks that handle all budget units. The system can provide real-time fund settlement of the treasury and financial accounts and zero-balance accounts of the central bank of the budget unit when the budget unit pays. In addition, the reform of centralized treasury payment system also involves budget management, treasury management, bank settlement and other related laws and regulations, which must be revised accordingly to ensure the legal implementation and standardized operation of this reform.

Basic contents of centralized treasury payment system

To reform the current institutional setup and management system and implement the centralized treasury payment system, we must first reform the current institutional setup and current financial accounting system of the financial department, establish a payment system that organically combines the treasury payment center, accounting center and procurement department, and establish a budget institutional setup and management system that integrates budget review, fund payment, supervision and management. According to the basic content of centralized treasury payment system and foreign experience, an account system combining single account and classified account should be established to realize fund concentration, accounting concentration and payment concentration. At this stage, China should cancel all the original accounts of each budget unit on the premise that the right to use funds and the right to approve funds remain unchanged. The centralized treasury payment center will open a "single treasury account" in the People's Bank of China, and all financial funds will be deposited in this account. When the budget unit needs actual payment, the funds will be directly allocated to the supplier from the single treasury account. Until then, funds should always be kept in a single account in the national treasury. Accordingly, it is necessary to establish a treasury ledger management system, that is, to set up a general ledger and a subsidiary ledger for each budget unit under a single treasury account to record their respective budget implementation and fund use. * * * *' s financial budget department issues budget indicators to the budget unit every year, examines and approves the payment application put forward by the budget unit, and entrusts the payment center to handle the specific payment procedures. According to this fund management method, the payment of * * * financial funds is unified under the national treasury single account system, and the financial budget department also needs to open zero-balance accounts in commercial banks and budget units to open zero-balance accounts. Through a zero-balance account, * * * financial funds are paid to suppliers of goods and services through direct financial payment and financial authorization payment. The financial direct payment system refers to the use and progress of funds determined according to the departmental budget and payment plan. The financial department shall, according to the application of the payer, directly pay the funds to the goods, labor service providers or the payer. Financial authorization payment refers to the use and progress of funds determined according to the departmental budget and payment plan, and the budget unit issues payment instructions by itself to pay the funds to the goods, labor service providers or payment units. The financial funds paid by commercial banks shall be liquidated daily with the single account of the national treasury opened by the financial department in the People's Bank of China. Standardize fund operation procedures. The reform of fund management mode requires the reform of fund payment procedure. According to the use and nature of * * * financial funds, expenditures can be divided into three categories: bulk purchase expenditures, wage expenditures and other expenditures, with different payment methods.

What are financial authorization payment and direct payment?

Finance is taxes, funds, fines and confiscations, * * * money, and * * * finance office and finance department are in charge.

Direct payment means that the money stored in the national treasury is paid directly to suppliers (units that provide goods and services to budget units), instead of being paid by various units as before. The whole process is shortened and transparent to finance.

Authorized payment is to give users a quota, an available number, called authorized quota. Let the budget unit, that is, the unit that spends financial money, use it first, and then settle with the state treasury, that is, the state treasury returns the money to the bank where the budget unit opens an account, even if it passes.