REGULATIONS ON ACCOUNTING VOUCHERS APPLICABLE TO BUSINESS HOUSEHOLDS IN 2022

Create at: 10/02/2022 13:02

On October 11, 2021, the Ministry of Finance issued Circular No. 88/2021/TT-BTC of the Ministry of Finance guiding the accounting regime for business households and individuals. The Circular consists of 3 Chapters, 7 Articles and 02 Appendixes attached. Circular guiding the accounting regime for business households and individuals takes effect from January 1, 2022.

️✨ In Circular 88, the Ministry of Finance stipulates that the arrangement of accountants shall be decided by the representative of business households and individuals. The representative of a business household or business individual may arrange his or her father, mother, adoptive father, adoptive mother, wife, husband, biological child, adopted child, brother, sister, or younger brother as accountant for the household business, business individuals or appointing people to act as managers, executives, storekeepers, cashiers, people who are assigned the task of regularly buying and selling assets to concurrently act as accountants for business households and individuals. .

️✨ Business households and individuals shall comply with the accounting regime guided in Circular 88 or may choose to apply the micro-enterprise accounting regime to suit management needs and characteristics of production and business activities. business.

️✨ At the same time, the provisions of the Law on Accounting and Decree No. 174/2016/ND-CP dated December 30, 2016 can be applied to preserve and archive accounting documents to serve the determination of tax obligations with the State budget and the management of tax authorities.

✨ Comply with the accounting regime guided in this Circular or be selected to apply the micro-enterprise accounting regime to suit management needs and characteristics of production and business activities.

️✨ To apply the provisions of Article 41 of the Law on Accounting and Articles 9, 10, 11, 12, 13, 14, 15, 16, 17 of Decree No. 174/2016/ND-CP dated December 30, 2016 to ensure manage and store accounting documents to serve the determination of tax obligations with the state budget and the management of tax authorities.

For bookkeeping:

Business households and individuals may apply regulations on opening, recording, closing and storing bookkeeping on electronic means to conform to the characteristics of business households and business individuals production activities. Business households and individuals may apply regulations on correcting bookkeeping to suit the characteristics of business households and business individuals production activities.

For accounting vouchers:

Business households and individuals may make and store accounting vouchers in electronic form to suit the characteristics of business households and business individuals production activities.. Invoice content, form, order of making, managing and using invoices (including electronic invoices) comply with tax laws.

📌 Vouchers according to Circular No. 88/2021/TT-BTC include: