Vlasova I. Accounting of settlements with debtors and creditors

In the dissertation the economic essence of settlements, their relations with liabili-ties and debts will examined; the model of finding out the margins of this terms' usage was also worked out. The author proposed eight classification indicators for debit- and credit's debts, which were used by working out the Plan of the accounts for accounting settlements' operations. The author found out the place of settlements among the objects of financial management's system as the operation, which are the sources of appearance of debit- and credit's debts and cash flows. There is the application of system approach while explaining the economic essence of settlements and the evidence of their system character for the preparation of further recommendations for improving organisation and methods of their accounting. The peculiarities of accounting settlements were examined, as a result the essence of accounting policy's interpretation was formalised and the specific character of accounting means with regard to accounting and settlements was shown. The process of documentation and inventarisation of settlements, means of debit debt's evaluation on the date of working out financial book-keeping were improved; the author proposed to change the classes' structure of the accounting Plan for accounting of settlements and to add the corresponding corrections about their usage, the methods of accounting of settlements and calculation of the reserve of doubtful debts; the registers of analytic and synthetic account-ing are elaborated. The form #1 "Balance" in the part of discovering the information about debit- and credit's debt was improved.