FEATURES OF THE ORGANIZATION OF ACCOUNTING AND SETTLEMENT BANKING OPERATIONS IN BUDGETARY INSTITUTIONS

Abstract

Тhe peculiarities of the organization of theoretical and practical issues of accounting and settlement banking operations and the methodology of taxation of budgetary institutions that require resolution are considered. It is determined that budgetary institutions constantly carry out various calculations in the process of their activities. The correct organization of their accounting is important for the effective use of budget funds. Part of this process are calculations between economic entities and budgetary institutions. It has been studied that accounting in budgetary institutions of social protection is a complex and responsible process, requiring compliance with legislative requirements and internal regulations. It has been proven that ensuring accuracy, transparency and accountability in keeping records of social payments contributes to the effective use of budget funds, increases trust in the activities of the institution and ensures social protection of the most vulnerable segments of the population. Systematic control, audit and the use of modern technologies are key elements of successful accounting in these institutions. Appropriate proposals have been made to eliminate the indicated shortcomings. Control over the use of budget funds is carried out at all stages of program implementation. Internal control ensures that expenditures comply with planned budgets and legislative requirements. External audit is carried out by independent bodies to verify the correctness and legality of the use of funds. Keeping records for each program separately is critically important for ensuring transparency of financial activities, which allows controlling the use of funds and preventing their misuse. It also increases accountability to government agencies and the public, ensuring compliance with legal requirements and increasing trust in the institution's activities. Detailed accounting allows for timely identification and correction of deviations from plans, optimization of expenses and increase of efficiency of use of budget funds. In addition, accounting of expenses and incomes by programs allows for assessment of their impact on achievement of social goals and making informed management decisions regarding their further financing or adjustment.