Accounts receivable and accounts payable

In addition, a comprehensive review of the receivable and payable accounts is being conducted to prevent netting off of the accounts payable against the accounts receivable and vice versa.

Provision for uncollectible contributions receivable

A provision for a possible write off of this receivable is included in accounts payable.

Accounts payable

As mentioned, above, the accounts receivable function would be transferred from the Payments Unit to the Accounts Unit.

(t) Account debtor means a person liable for payment of a receivable.

There were large balances of unliquidated obligations and accounts receivable.

(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.)

(c) If the account debtor receives more than one payment instruction relating to a single assignment of the same receivable by the same assignor, it is discharged by paying in accordance with the last payment instruction received from the assignee before payment

Note 15 Accounts payable

To reduce gaps in its staffing table relating to 24 air operations positions, UNMEE recruited 7 local staff members through purchase orders.

The Board is of the view that the number of auditors per 100 million budgeted expenditure is only one indicator to be used in the allocation of resources.

Of the 25 cases reported at UNAMSIL, the amounts involved (where quantified) amounted to 330,808, covering 18 cases.

(i) Accounts receivable other

(e) Accounts receivable other

(iv) Inter fund balances reflect transactions between funds and are included in the amounts due to and from the United Nations General Fund.

Other accounts receivable (excluding outstanding assessments) and accounts payable amounted to 23.4 million (2003 04 15.5 million) and 95.5 million (2003 04 113.8 million) respectively.

The amounts in statement II under accounts payable include amounts due to other agencies, as follows, in United States dollars

(b) A right securing payment of the assigned receivable may be transferred notwithstanding any agreement between the assignor and the account debtor or other person granting that right, limiting in any way the assignor's right to assign the receivable or the right securing payment of the assigned receivable

He wants the accounts payable...

The Finance Section has instituted measures to ensure that the accounts receivable and accounts payable are separated and posted in the respective accounts when first entering transactions in the accounting system.

This system supports UNOPS accounts receivable, accounts payable, purchasing fixed asset, project accounting, general ledger, payroll, and human resource functions.

(d) If the account debtor receives notification of more than one assignment of the same receivable made by the same assignor, it is discharged by paying in accordance with the first notification received

Accounts receivable are presented in Statement II net of a provision of 2,581,147 for doubtful accounts receivable comprising

A fully developed receivables function would create a clearly defined recovery process which would then be managed independently of the payment process.

Note 12 Other receivables

The plan was drawn up with reference to the guidelines of the Liquidation Manual, and pre liquidation visits from Headquarters were conducted under the terms of section 1.4 of the manual.

Note 8. Accounts receivable and payable

(f) If the account debtor receives notification of the assignment of a part of or an undivided interest in one or more receivables, it is discharged by paying in accordance with the notification or in accordance with this recommendation as if the account debtor had not received the notification.

Interest income accrued from cash and term deposits not maturing until future periods is recorded as accounts receivable.

Accounts receivable are presented in statement II, net of a provision of 2,581,147 for doubtful accounts receivable comprising

The main factors contributing to the reduction of the deficits were the payment of assessed contributions, savings on or cancellation of prior period obligations, collection of other accounts receivable and interest income.

Pending the disbursement of the funds, 1,000,000 of this amount is shown under accounts payable other .

A further investigation was performed by the Department of Peacekeeping Operations in conjunction with the Office of Internal Oversight Services for the period from 1 January 2004 to 18 October 2005.

Note 6 Provision for accounts receivable

Note 6 Provision for accounts receivable

(i) as regards receivables, it is required to separately list the details of receivable management fee, other receivables and advanced payments

Apart from the estimated uncollectable amounts, recorded under the provision for doubtful accounts receivable, we expect all significant accounts receivable at 31 December 2004 to be collected.

All commitments against resources of future financial periods have been disclosed as required by the United Nations System Accounting Standards.

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.

Provision is made for account receivables for which no reasonable expectation of recovery exists.

For the year 2004, three reconciliations were required (a) between the accounts payable ledger and the imprest cash book (b) between the general ledger (accounts payable account) and the bank statements and (c) between the due to due from account on the UNOPS and UNDP general ledger.

The proposed transfer of the accounts receivable function to a new sub unit within the Accounts Unit would offer some relief in the workload of the Unit.

(ii) it is required to list the proportion of the amount of receivables of different ages (less than one year, 1 2 year, 2 3 years and more than three years) to the total amount of receivables, and the amount and proportion of overdue receivables and