Legal encyclopedia. The letter U

ACCOUNTING OF VOICES

- the main link of bill circulation, carried out by types of bills, enterprises, payers, received

Amounts and drafts, the timing of the payment.

Terms of payments are allocated in the accounting for determining the amount of income for this type of securities. The promissory notes are delineated for short-term and long-term financial investments, which requires separate accounting of these notes until maturity.

To account for promissory notes it is necessary to observe the basic indicators,

Defining the essence of bill circulation.

These indicators include:

1) the maturity date;

2) the period for which the bill is issued;

3) loan interest and interest rate;

4) the amount of repayment;

5) U.V. and the discount rate;

6) payment on the discounted bill.

The main indicator is the maturity date, as it certifies the obligation of the debtor to pay the bill on its offense. Other indicators also have a certain value in the bill of exchange system.

To obtain this information in full, the accounting registers are opened in the accounting department or in the securities department, including: the book (statement) U. V .; Book (statement) of registration of receipt-transfer of bills; Card index

Discount bills are accounted for by the drawer, the nominal value of the bills, the terms of their payment, and the institutions of the bank in which they are discounted. The Central Bank of the Russian Federation regulates the discounted interest (discount) on short-term obligations through a discount policy. Changing the amount of accounting interest, he determines the exchange rate, price level, money circulation, profit, as a result, affects the inflow of free funds and credit institutions.

When taking into account bills of exchange, the transfer inscription of one of the bills of exchange participants is taken into account. When the payment deadline comes, but there is no voluntary payment, the owner of the bill has the right to protest the bill. The holder of the bill has the right to bring his suit against the endorsers, the bill holder and other obligated persons:

1) at maturity, in case payment was not made;

2) before the due date for payment, if there was a full or partial refusal to accept in the event of the insolvency of the payer and in the event of the failure of the drawer under the promissory note not subject to acceptance.

In case of refusal to accept or pay in public, an act must be drawn up. The protest shall be presented to the notary within two working days following the day on which the bill of exchange is payable. On the day of acceptance of the bill to protest, the notary office makes the debtor demand payment or acceptance of the bill. As a result of proper protest, the following consequences occur:

1) the organs of the court have the right to issue court decisions on claims based on protest bills;

2) there comes responsibility for a simple promissory note of endorsers, and in transferable endorsers and drawer. These persons are jointly and severally liable to

Billholder.