In the current month company A has

• exported $10,000 worth of goods to the company B and issued an invoice. In the previous month they received prepayment from customers in the amount of $2,000.
• imported $4,000 worth of goods from company B and was invoiced. In the previous month they issued prepayment to supplier in the amount of $500.
• issued prepayment on import of services in the amount of $777.

Company B does not submit report to the Bank of Slovenia.

Company A on the other hand submits report on import and export:

Below you can see listed outstanding payables:

• invoices received for imported goods
• received prepayments for exported goods

Below you can see listed outstanding receivables:

• invoices issued for exported goods
• issued prepayments for imported goods

Example:

In January:

• you exported goods in the amount of 200 GBP to Buyer Ltd.
• you received prepayment in the amount of 300 GBP from Foreign Buyer Ltd.

In February:

• you export goods in the amount of 300 GBP to Foreign Buyer Ltd.

You receive the following payments in February:

• Payment in the amount of 200 GBP from Buyer Ltd.

Receivables in GBP:

+200	credit balance at the end of the previous month
+300	positive payment on export in period
-200	debit payment on export in period
-300	close debit subtotal of prepayments
0	receivables balance at the end of the previous month

 

Payables in GBP:

+300	credit balance of payables at the end of the previous month
-300	close debit subtotal of prepayments
0	balance at the end of period concerned

 

 

---