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.

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

Comment by the Administration. 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.

(b) Existing receivable means a receivable that arises upon or before conclusion of the contract of assignment and future receivable means a receivable that arises after conclusion of the contract of assignment

Contributions receivable

Accounts payable

The primary tasks of the Payments Unit are (a) maintenance of payroll and accounts payable receivable (b) making miscellaneous and daily payments (c) calculation and application of cost of living and other adjustments and (d) processing and maintenance of after service health insurance records.

Inventory and receivable revolving loan financing

(i) Accounts receivable other

(e) Accounts receivable other

Aging analysis of contributions receivable

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

(n) Provision for doubtful accounts receivable

Note 6 Provision for accounts receivable

In paragraph 26 of its report, the Board recommended that the Tribunal (a) comply with the United Nations system accounting standards by not netting accounts payable off against accounts receivable and vice versa and (b) improve the financial application system to prevent the netting off of debit and credit amounts.

(i) Another assignee of the same receivable from the same assignor, including a person who, by operation of law, claims a right in the assigned receivable as a result of its right in other property of the assignor, even if that receivable is not an international receivable and the assignment to that assignee is not an international assignment

A fee may be payable for this service.

This includes a receivable of 3,414,060 due from IAEA.

(a) If payment in respect of the assigned receivable is made to the assignee, the assignee is entitled to retain the proceeds and goods returned in respect of the assigned receivable

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.

(b) The assignor has not previously assigned the receivable to another assignee and

(a) The assignor has the right to assign the receivable

The monthly review of accounts receivable is currently being undertaken.

This includes contributions receivable in the amount of US 1,447,600.

2. A right securing payment of the assigned receivable is transferred under paragraph 1 of this article notwithstanding any agreement between the assignor and the debtor or other person granting that right, limiting in any way the assignor's right to assign the receivable or the right securing payment of the assigned receivable.

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

When the revenue is recognized, it is recorded as a receivable.

Comment by the Administration. UNDP has designed the accounts receivable report.

(p) Assignment means the creation of a security right in a receivable or the transfer of a receivable, whether the transfer is for security purposes or is an absolute outright transfer.

(q) Assignor means the person that makes an assignment of a receivable.

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

(b) If payment in respect of the assigned receivable is made to the assignor, the assignee is entitled to payment of the proceeds and also to goods returned to the assignor in respect of the assigned receivable and

Examples include Fixed Assets, Long term borrowings, Accounts payable, Accounts receivables, Cash and Bank Balances.

This applied to the benefit payable during the 16 weeks surrounding childbirth (for self employed women) and that payable for four weeks in the case of adoption for each of the adoptive parents (for self employed men and women).

However, these query scripts were only used to interrogate the accounts payable and purchase order modules.

All material accounts receivable have been included in the financial statements and represent valid claims against debtors.

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

The age of contributions receivable is as follows, in thousands of United States dollars

(r) Assignee means the person to which an assignment of a receivable is made.

As between assignees of the same receivable from the same assignor, the priority of the right of an assignee in the assigned receivable is determined by the order of conclusion of the respective contracts of assignment.

(a) Original contract means the contract between the assignor and the debtor from which the assigned receivable arises

(c) If payment in respect of the assigned receivable is made to another person over whom the assignee has priority, the assignee is entitled to payment of the proceeds and also to goods returned to such person in respect of the assigned receivable.

The remaining 4,570,237 was reported as receivable from UNDP in UNHCR's Financial Statements for 2004.

22. Travel expenses and subsistence allowance are payable to independent experts engaged by the Division to consider applications.

For the year 2004, three reconciliations were required (a) between the accounts payable ledger and the imprest cash book (b) between the general ledger (accounts payable account) and the bank statements and (c) between the due to due from account on the UNOPS and UNDP general ledger.