Provisions on financial management of property management enterprises

Chapter I General Provisions Article 1 In order to standardize the financial behavior of property management enterprises, promote fair competition among enterprises and strengthen financial management and economic accounting, these provisions are formulated according to the characteristics and management requirements of property management enterprises.

Unless otherwise provided in these Provisions, property management enterprises shall implement the financial system of construction and real estate development enterprises. Article 2 These Provisions shall apply to all kinds of property management enterprises in People's Republic of China (PRC) (hereinafter referred to as enterprises), including state-owned enterprises, collective enterprises, private enterprises, foreign-invested enterprises and other enterprises of various economic nature; Limited liability companies, joint stock limited companies and other organizations.

This provision also applies to property management enterprises with independent accounting in other industries. Chapter II Escrow Funds Article 3 Escrow funds refer to the housing parts maintenance funds and facilities and equipment maintenance funds used by enterprises entrusted by the owners' management committee or property users.

Housing * * * parts maintenance fund refers to the funds earmarked for the overhaul of housing * * *. * * * The use part of the house refers to the load-bearing structural parts (including floors, roofs, beams, columns, internal and external walls, foundations, etc.). ), exterior walls, stairs, corridors, foyer, building garage, etc.

* * * facilities and equipment maintenance fund refers to the funds earmarked for * * * facilities and equipment overhaul. * * * Facilities and equipment refer to tap water pipes, public water tanks, booster pumps, elevators, public antennas, power supply trunk lines, lighting trunk lines, heating trunk lines, fire-fighting facilities, roads in residential areas, street lamps, ditches, pools, wells, outdoor parking lots, swimming pools, stadiums and gymnasiums, etc. Article 4 Escrow funds shall be managed as long-term liabilities of enterprises.

Escrow funds shall be stored in special accounts and used for special purposes, and shall be regularly inspected and supervised by the owners' management committee or property users.

The net interest income of the escrow fund shall be transferred to the use and management of the escrow fund with the consent of the owners' management committee or the property user. Article 5 Where an enterprise uses the management houses, commercial houses and facilities and equipment provided by the owners' management committee or property users for compensation, it shall set up a memorandum book to conduct physical management separately, and pay related expenses (such as rental fees and contracting fees) according to the provisions of national laws and regulations or the contracts and agreements signed by both parties.

Management space refers to the office space provided by the owners' management committee or property owners and users to enterprises.

Commercial housing refers to the business premises provided by the owners' management committee or property owners and users to enterprises. Article 6 The paid use fees paid by the enterprise for the management and commercial buildings shall be transferred to the partial maintenance fund of the house managed by the enterprise after the consent of the owners' management committee or the property users; The paid use fee of * * * facilities and equipment paid by the enterprise shall be transferred to the * * * facilities and equipment maintenance fund managed by the enterprise with the consent of the owners' management committee or property users. Chapter III Costs and Expenses Article 7 The expenses incurred by enterprises in providing maintenance, management and services for owners and users of property in property management activities shall be included in the costs and expenses in accordance with state regulations. Eighth enterprises engaged in property management activities in the direct expenditure, included in the operating costs. Operating costs include direct labor costs, direct material costs and indirect costs. Enterprises that implement first-level cost accounting may not set indirect expenses, and related expenses are directly included in management expenses.

Direct labor costs include wages, bonuses and employee welfare expenses of personnel directly engaged in enterprise property management activities.

Direct material costs include all kinds of materials, auxiliary materials, fuel power, spare parts, low-value consumables and packaging materials directly consumed by enterprises in property management activities.

Indirect expenses include salaries, bonuses and employee welfare expenses of managers of the property management unit to which the enterprise belongs, depreciation and repair expenses of fixed assets, utilities, heating expenses, office expenses, travel expenses, post and telecommunications expenses, transportation expenses, rental expenses, property insurance expenses, labor protection expenses, security expenses, greening maintenance expenses, amortization of low-value consumables and other expenses. Article 9 The paid use fees paid by enterprises for operating facilities and equipment shall be included in the operating costs. Article 10 The paid use fee for the management house paid by an enterprise shall be included in the operating costs or management expenses. Article 11 The expenses incurred by an enterprise in renovating and renovating its management premises shall be included in deferred assets, and shall be amortized into operating costs or management expenses in installments within the effective use period. Article 12 An enterprise may make provision for bad debts at the end of the year according to 0.3% ... 0.5% of the year-end balance of accounts receivable shall be included in the management expenses.

Bad debt losses incurred by enterprises, write off bad debt reserves. Recover the bad debts that have been written off and increase the bad debt reserve.

Bad debt losses incurred by enterprises without provision for bad debts shall be included in management expenses. Recover the bad debts that have been written off and offset the management expenses. Chapter IV Operating Income and Profits Article 13 Operating income refers to all kinds of income obtained by enterprises engaged in business activities such as property management, including main business income and other business income. Fourteenth main business income refers to the income obtained by enterprises in providing maintenance, management and services for property owners and users in property management activities, including property management income, property management income and property overhaul income.

Property management income refers to the public service fee income, public institution service fee income and special service income collected by enterprises from property owners and users.

Property operating income refers to the income from the operation of houses, buildings and facilities provided by the owners' management committee or property owners and users, such as the rental income of houses, the operating income of parking lots, swimming pools, various stadiums and other facilities.

Property overhaul income refers to the income obtained by the enterprise from overhauling the * * * parts and facilities of the house entrusted by the owners' management committee or the property owners and users.