Features of accounting for receivables and payables

UDC 657.1

Authors

Ilysheva N.N., Savostina O.V., Flat Yu. E.

Abstract

The article is devoted to the problems of accounting for receivables and payables - one of the relevant topics of Russian and foreign accounting. In the conditions of the development of market relations, organizations increased the number of counterparties - debtors and creditors, but at the same time, due to a number of objective and subjective factors, the procedure for accounting and reporting receivables and payables became more complicated.

Keywords

accounts receivable, accounts payable, financial instrument, financial statements, efficiency, financial condition.