Summarize and submit the monthly payment plan to the first-level budget unit (and apply for direct financial payment, which has been cancelled after simplifying the process) and the budget unit with subordinate units is the second-level budget unit (under special circumstances, it can be divided into three-level and four-level budget units step by step, the same below).
Independent accounting budget units without subordinate units are grass-roots budget units. The expenditure of the first and second budget units at the same level shall be regarded as the management of the first budget unit.
Classification of fund accounts:
Capital accounts are mainly divided into cash accounts and margin accounts.
(1) Cash account: A cash account refers to a capital account where customers must pay the full price or deliver the securities to the securities company before the liquidation date or when buying or selling securities through the securities company. Most individuals and large investors in China, such as insurance companies, enterprises or government pension funds, mutual funds, etc. Open a cash account.
(2) Margin account: Margin account refers to a capital account where customers pay the price of the securities they buy according to the margin ratio specified in the account, and the balance is paid by the securities company, and the loan interest is converted according to the borrowing cost of the securities company. Under this account, customers can buy a lot of securities with little money.