(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

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

Accounts receivable and accounts payable

The policy of making an allowance of 10 per cent of non United States dollar denominated outstanding accounts receivable as at 31 December as a provision for delays in the collection thereof, is discontinued effective 31 December 2003.

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

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 is made for accounts receivable for which no reasonable expectation of recovery exists.

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.

(i) Accounts receivable other

(e) Accounts receivable other

In paragraph 73 of the report, UNDP agreed with the Board's reiterated recommendation that it review on a regular basis the complete ageing of accounts receivable with a view to collecting long outstanding amounts.

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

Note 12 Other receivables

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

(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.)

It would also be responsible for the monthly reconciliation of receivable and revenue accounts.

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

The Department of Peacekeeping Operations reminded missions to regularly review accounts receivable and promptly recover all outstanding amounts.

Provision for uncollectible contributions receivable

No allowances for doubtful accounts receivable for the overdue balances have yet been considered in the statement of assets, liabilities and working capital at 31 December 2003, as the risks associated with these overdue balances are partly offset by the Tribunal's liability for the surrender of savings and withholdings to the States Parties and further efforts undertaken by the Tribunal to collect the outstanding receivables from the States Parties.

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

The Board reiterates its recommendation that the Administration ensure that missions improve the management of long outstanding accounts receivable and review their systems to ensure the accurate ageing of accounts receivable.

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

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.

(a) The Registrar may, after full investigation, authorize the writing off of losses of cash and the book value of accounts and receivables deemed to be irrecoverable.

In paragraph 43, the Board indicated that UNODC agreed with the Board's recommendation to define a write off policy of its long outstanding receivables and clear its old outstanding accounts receivable.

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

UNDP has designed the accounts receivable report.

Writing off of losses of cash and receivables

Voluntary contributions receivable and unrecorded liabilities

Any resultant unrealized gain is not recorded as income for the period, but set aside within accounts payable other .

In paragraph 66, the Board recommended that the Private Sector Division review its policy on the determination of the provision for uncollectible accounts receivable and ensure that it excludes written off receivables from provisions for uncollectible receivables.

There were large balances of unliquidated obligations and accounts receivable.

Write off of losses of cash, receivables and property

Write off of losses of cash, receivables and property

A detailed statement of losses of cash and receivables shall be provided to the Auditor not later than three months following the end of the financial period.

(e) Harmonized and streamlined procedures for monitoring receivables and remittances.

The Private Sector Division will continue its rigorous monitoring and collection of accounts receivables.

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.

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

The provision represents contributions receivable from Member States for prior bienniums and from new Member States at the balance sheet date.