Interest on advances

Other prepaid expenses 99 366

7. Travel advances

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

Couldn't you at least give me an advance?

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

(a) Fraud, including advance fee fraud

While grants are expenditure items, allocations are advances.

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.

(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.

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

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.

The high levels of outstanding assessed contributions for the regular budget of the Organization and the considerable negative cash position of the International Tribunals, which stood at 80 million as of 15 October 2004, were cause for concern, as was the fact that 113 countries had outstanding assessed contributions for the budgets of one or both of the Tribunals.

Projections through the end of 2005 are based on the past pattern of payments, including those of the major contributor.

Note 11.

(a) Minimized the level of advances

of three months

Your allowance, his advance on my paintings... goes into this box.

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

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

Seventy per cent of outstanding advances are expected to be cleared by the end of 2005.

Recording of advances to implementing partners

Furthermore, those projections are highly dependent on the actual amount and timing of payments by Member States.

(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.

(b) Apply strictly the Finance Manual provision that advances should not be made while disbursement reports are outstanding

(e) Apply strictly the Finance Manual provision that advances should not be made while disbursement reports are outstanding and limit the level of advances to no more than one quarter s estimated expenditure (para. 36)

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

Whenever an advance payment is agreed to, the reasons therefor shall be recorded.

244 NGO projects with excessive advances

The Court of Appeal held that the buyer had originally agreed to pay advance payment for the full quantity of the wood originally agreed upon, i.e. 500 cubic metres, and that, therefore, the reduction in the advance payment sum constituted a breach of contract.

Regrettably, as at 15 October, only 111 Member States had paid their assessed contributions to the regular budget in full, 78 Member States had fully paid their assessed contributions to the budgets of the International Tribunals, and 18 had fully paid their assessed contributions to the peacekeeping budget.

At the end of 1997 they had some 1.3 million of outstanding advances, as opposed to being due 3 million at the end of 1996.

Future payments will be funded from the respective budgets.

The seller provided security for the part of the price to be prepaid.