Article 123. Accepting and registration of financial obligations

Financial obligations are accepted and registered by treasury units within the bounds of accepted legal obligations and authorizations for payment based on invoices and documents confirming the existence of financial obligations.

Financial obligations under the first and second groups of expenditures, as well as the expenditures specified in part ten of article 122 of this Code, are registered by treasury units based on requests on acceptance of legal obligations, and under compulsory employer's civil liability insurance — based on compulsory employer's civil liability insurance contracts.

Registration of financial obligations on payment for goods supplied (services rendered, work performed) under contracts with expired periods within current financial year and in the cases specified in part eight of article 122 of this Code, is carried out based on an invoice and a reconciliation statement on mutual obligations.