A Study On Transition From Centralized Accounting System To Centralized Revenue And Payment System Of National Treasury

To resolve the problems arising in the management of fiscal funds and capital,reforms have been conducted on the centralized accounting system and the centralized revenue and payment system of national treasury in our country. These two systems have changed the payment process of fiscal capital, stop up loopholes in the management of fiscal capital, strengthen the fiscal supervision, help the construction of a clean and honest administration and improve the expenditure efficiency. In regard of the drawbacks of centralized accounting system and the strongpoint of the payment system of national treasury, Ministry of Finance People’s Republic of China called for the transfer and transition from the centralized accounting system to centralized revenue and payment system of national treasury in 2003. Transition is becoming more and more urgent. So it is very important for us to find the appropriate way of transition.Because the perfect mode has not been established and international experiences can not be used for references absolutely,we should study the problem based on the practice of our country.In Aug. 2002, a centralized accounting system was created and carried out in Zhangjiagang city as a useful practice on the development of fiscal payment mode. This system was transferred to the centralized revenue and payment system of national treasury in 2004. With the two systems, good results have been achieved in the city. Although the reform has made some experiences, current centralized revenue and payment system of national treasury still faces a lot of problems, it need to promote and deep research. This article summarizes the experience of reform from the practice of reform of centralized revenue and payment system of national treasury and centralized accounting system in Zhangjiagang city,disscusses the measures of how to connect and integrate them, investigates problems being exited while Zhangjiagang city carry out the reform and how to solve these problems.At last ,this paper proposes some effective suggestions for deepening treasury and accounting reform. Although our study is limited to Zhangjiagang, The reform in Zhangjiagang is a miniature of the advanced county’s reform of the two systems in China,so the conclusions of this study and the measure suggestions are of typical significance to some extent.