This Order of the Ministry of Finance No. 262 dated May 19, 2026, is aimed at optimizing and improving the methodology of accounting in the public sector. The document introduces targeted amendments to the Chart of Accounts and the Procedure for its application, and also updates the standard correspondence of sub-accounts. The main objective is to bring the accounting of open appropriations into compliance with current budgetary processes.<\/p>\n
### Structure and Main Changes
\nThe Order consists of three key blocks:
\n1. **Amendments to the Chart of Accounts:** The name of account 90 has been changed from “Proposals and Open Appropriations” to “Open Appropriations,” and obsolete sub-accounts (902, 9021) have been excluded.
\n2. **Update to the Procedure for Applying the Chart of Accounts:** The purpose of account 90 has been detailed, new sub-accounts (9011\u20139013, 9031) have been defined, and the procedure for recording debit and credit transactions has been clarified. Terminological amendments have also been made to accounts 91 and 92 for better identification of budget fund administrators.
\n3. **Adjustment of Standard Correspondence:** Accounting entries have been updated to record open appropriations, account closing operations, and the movement of budget funds, which ensures the accuracy of financial reporting.<\/p>\n
### Important Provisions for Implementation
\nFor professionals working with budgetary accounting, the following aspects are the most significant:
\n* **Change in appropriation accounting methodology:** Accounting is now focused exclusively on “Open Appropriations” (account 90), which simplifies the structure of off-balance sheet accounting.
\n* **New sub-account breakdown:** A clear distribution by sub-accounts (9011, 9012, 9013, 9031) has been introduced, which allows for the separation of generalized indicators, program execution, and Treasury authority limits.
\n* **Updated correspondence:** Changes to sections 5 and 12 of the Standard Correspondence are mandatory for use when recording state budget execution transactions. In particular, this applies to the closing of revenue and expenditure accounts and the recording of planned indicators, which directly affects the preparation of financial statements.<\/p>\n
This Order entered into force on the day of its official publication; therefore, all accounting processes must be brought into compliance with these requirements immediately.<\/p>\n