Also requests the Secretary General to implement measures to reduce the time line associated with invoice payment

Note 11.

This has resulted in temporary borrowing in order to settle SDS invoices.

Interest on advances

Other prepaid expenses 99 366

Investigation into allegations of fraudulent check payments

Negotiable instruments and other non payment obligations

7. Travel advances

The Advisory Committee was informed that some 362,500 was attributable to unpaid invoices from prior periods.

Advance and progress payments

The full amounts of the advances are maintained as accounts receivable from staff members until the required proofs of entitlement are produced, at which time the budgetary accounts are charged and the advances settled

Advances to be recovered

Outstanding advances

PennyAnte stuff here.

Increase (decrease) in contributions or payments received in advance

The accounting for advances made to UNDP and the recording of expenditure in UNHCR books has been done through successive steps.

Also requests the Secretary General to implement measures to reduce the time line associated with invoice payment

Also, the Finance Officer certified, approved and signed cheques covering payments.

(d) Review the accounting for advances to UNDP (para. 71)

(d) Review the accounting for advances to UNDP (para. 71)

37. Based on a reorganization, this Unit was created to process all invoice processing functions.

Couldn't you at least give me an advance?

The study analysed 14 steps in the procurement process from specifications and vendor registration to shipment tracking, invoicing and payments, and found that specifications, supplier registration and requests for information during the tendering process and payments, were the most electronic , while invoicing was the least.

In addition, any outstanding advance should be taken into account in deciding the amount of the next advance.

(a) Fraud, including advance fee fraud

(b) For NGO projects, of the 244 NGO executed projects where outstanding advances exceeded three months of reported expenditure, the Board found 110 projects, with outstanding advances totalling 1.8 million, where there had been no 1997 expenditure reported and 59 projects, with outstanding advances totalling 3.6 million, where disbursement reports for 1997 were incomplete.

While grants are expenditure items, allocations are advances.

Review the accounting for advances to UNDP (para. 71)

(b) Disbursements shall be recorded in the accounts as of the date when they are made, that is, when the cheque is issued, transfer is effected or cash is paid out.

However, the definition of receivable in para. 21 (o) of A CN.9 WG.VI WP.22 Add.1 excludes rights to payment under a negotiable instrument, the obligation to pay under an independent undertaking and the obligation to pay under a bank account.

It had made the payments scheduled for 2004 and 2005 and hoped that its payments could increase in future.

The amount of the advance paid was determined by previous expenditure patterns.

The method used by UNHCR to account for such advances to UNDP for third parties was not consistent.

(i) It is required to separately list the beginning balance, ending balance and proportion to total amount of payables according to their categories (like other payables and advance payments, etc.)

5. Project Costs and Cash Advance Requirements

74 Governments with excessive advances

The full amount of the advance is maintained in the accounts receivable from staff members until such time as the staff member produces the required proof of entitlement to the education grant, at which time the budgetary account is charged and the advance recovered.

Update its memorandum of understanding with United Nations Development Programme (UNDP) in order to manage the procedure for the payment of advances (para. 69)

UNDP has made an accounting accrual of 27 million for the year ended 31 December 2004. This amount is over and above disbursements by UNDP for after service health insurance, which are included as part of biennial support budget expenditure.

UNHCR therefore considers that the advances to UNDP could not be recorded in 2004 in the same way as advances to implementing partners because the services delivered by iImplementing pPartners are under the umbrella of specific projects at the country and programme level.

requirements. The levels of advances held are reviewed regularly and advance requests are denied when not satisfactorily justified.

(a) This amount represents the difference between advances paid to UNDP, and expenditures reported by UNDP under the special clearing account.

The expenditures will be charged against the budget appropriations of the periods when actual payments are made.

Upon receipt of payment of the promised assessed contribution from your Government, that payment (up to the amount of the advance drawn) will be transferred into the Revolving Credit Fund to liquidate the advance.

Pakistan had paid its regular and Tribunal budget assessments in full and on time.