Abstract: Based on concise introduction of the system of integrated environmental and economic accounting (SEEA) devel oped by United Nations,Zhangye prefecture,lying in Heihe catchment which is the second longest inland river in China,is studied to explain the compiling procedure of water resources accounts Water resources accounts include physical account,monetary account,allocation account of water depletion cost and integrated account in the paper.The results show that depletion cost of excessive water use is 197.93 million yuan,that net domestic product (NDP) deducting water depletion cost,EDP,is 3.56% less than NDP,and that water depletion cost accounts for 9.39% of traditionally net capital formation in Zhangye district in 2000.