The section Other of the SKV report contains closing of amount on account in Net Transactions field. Finally, it is reposted to one of the accounts set in the section Other.

(See also: credit transactions).

This section includes restructuring of short-term receivables/payables and long-term credit notes from loan contract into direct investments and unilateral write-offs of receivables/payables (in case of composition proceeding, foreign subject's bankruptcy, due to seizure of goods, etc.).

Payables:

Due to seizure of goods unilaterally write off payables to Foreign Subject Ltd. in the amount of 50 GBP.

Payables in GBP:

+50	credit balance of payables at the start of month
-50	unilaterally written-off debit balance of payables
0	credit balance at the end of period concerned

 

Receivables:

Due to seizure of goods unilaterally write off receivables for Foreign Subject Ltd. in the amount of $100.

Receivables issued in USD

+500	credit balance of receivables at the start of month
-100	unilaterally written-off debit balance of receivables
+400	credit balance at the end of period concerned

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