Accounting of costs for capital and current repair in public institutions

Implementing financial and economic activities, state institutions in order to maintain the standard technical and operational characteristics of buildings and structures, produce current and major repairs. The article highlights some issues related to the conduct of this activity, discusses the specifics of accounting for repair services in government institutions, from making a decision, generating project documentation, bidding for the implementation of current and overhaul repairs to signing acceptance certificates and final settlement with the contractor. The article discloses the features of current and major repairs of state institutions. From exact systematization of executed works, the potential is established for the actual calculation of expenses during taxation, as well as a clear qualification of such works in civil law relations.