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DUE-FOR-PAYMENT RECORDING

Statistics Directorate    
French Equivalent: Enregistrement sur la base de la date d’exigibilité

Definition:
Due-for-payment recording is an accounting method showing flows which give rise to cash payments at the latest times they can be paid without incurring additional charges or penalties and, in addition to these, actual cash payments at the moments they occur; the period of time (if any) between the moment a payment becomes due and the moment it is actually made is bridged by recording a receivable or a payable in the financial accounts.

Source Publication:
SNA 3.93.

Cross References:
Accrual accounting

Hyperlink:
http://esa.un.org/unsd/sna1993/introduction.asp

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Tuesday, November 06, 2001