Audit and economical analysis

Table 177

Turnover ratios of debtors and creditors

Debtors and Creditor Debts (number of conditions)	Last year	Reporting year	The difference is   +, -	Growth
Debtors , Total   (line 220 + 240 + 250 + 260 + 270 + 280 + 290 + 300 + 310)	459   586   597	468   253   903	8 667  306	101.9
Ofwhich: expired	61   242   836	24   341     057	36   901   779	39.3
Current liabilities are calculated by  multiplications   total   transactions (Total   610 + 630 + 640 + 650 + 660 + 670 + 680 + 690 + 700 + 710 + + 720 + 730 + 740 + 750 + 760)	654   802   314	674   942   829	20,140,515	103.1
Including current payables (line 610 + 630 + 650 + 670 + 680 + 690 + + 700 + 710 + 720 + 760)	623   266   697	651   211   265	27   276,076	104.5
including: current over due payables	26   935   189	18   671     676	-8 263 513	69.2
Net Profit from sales	2 799 935 534	2 938 333 638	138   398,104	104.9
Debt Rotation Conversion Ratio	6.09	6.27	0.18	102.9
Includes: Overdue receivables ratio	45,8	122.41	76.53	271.1
Debt repayment by the debtor	59.11	57.41	1.70	96.6
These include: over due receivables	7,8	2.9	-4.9	37.1
Debt repayment ratio	4.49	4.51	0.02	100.4
These include the return on overdue payables	107.65	163.22	55,57	152.3
Credit term	80.18	79,8	-0.35	98.8
These include: the period during which overdue payables	3.3	2.2	-1,1	66.6
The coefficient of dependence (coefficients) turnover and debt ratios of creditors	1.35	1.39	0.04	102.9

Conclusion:   The turnover of accounts receivable at the enterprise increased by 0.18 compared with the previous year.   The rotation period accelerated to 1.70 days.   The yield on loan obligations increased by 0.02.   The frequency of turnover accelerated to 0.3 days.   The company has the full ability to cover overdue debts and cover past liabilities.
Mechanisms of management decisions on reducing debts receivables and payables

 

  A systemic approach is needed in debt management. When managing the management it is necessary to pay particular attention to the existence of the debt, the amount and the date of its occurrence, the determination of the terms of debt collection, and the methods of repayment. In this case, it is desirable to choose a negotiating way with more debtors. If there is no possibility of a final solution to the case, it will be necessary to take other measures prescribed by law.   

Debt settlement is not an easy process. This will require longer, additional organizational and financial costs, and will always be associated with the conflict of interests of several business structures. This, of course, requires a manager to be foolish, enthusiastic and principled. At the same time, passing through all the instances of law enforcement in debt management does not always lead to positive results.

It is not possible the period of collection and collection of enterprises.   debit   the way   repayment of loans must be written off   the following   items   at   named   .

The first way is that   debt should ika   will be deducted directly at the loss of the enterprise at the time   despair.      

Debt settlement as a result of termination of obligations, bankruptcy of a debtor, liquidation or death as a result of a court decision or termination of a claim   recognized   hopeless.⁴⁷   Such arrears should be deducted from the account.  

Overall   debtor’s debt   is three years. with chapter report   command procedures.

AT   According to   Provision "On cost structures"   Losses resulting from the write-off of accounts receivable are part of the Company's overdue expenses as other operating expenses.

Second way   write off debts   -   create backup   debt   .   At the same time, receivables that are not repaid within the specified period and are not secured by appropriate orders.   It is recognized as bad debts.            

Enterprises and legal entities with calculations of the amount of debt is unlikely to be a backup.⁴⁸     

It should be noted that   in any   case   credit score must   be   off-balance sheet for opportunities   repayment of a debtor’s property within five years   with   of his moment feedback.  

Selected method   accounting   debts   reflected in the accounting policies of the public .   If the company is unlikely to want to make a backup copy of the debt, then this is also the procedure for the formation and use of accounting policies. 

In connection with the expiration of debts and receivables and the violation of fixed terms of payments on the accounts of enterprises, violation by officials of fines in the amount of 10 to 15 times the minimum wage.⁴⁹  

The company may require an advance payment (advance payment) from buyers and customers for the supply of goods and services, as well as for work or services.   In this case, the cash advance will be   serve as a guarantee for   customers and clients pay future payments and  execution of a supply contract   goods   , works and services.   Such amounts create liabilities for an enterprise receiving cash receipts prior to the delivery of goods and goods, as well as performing work or rendering services or paying off previously received advance payments.

Procedures   deferment   debt obligations   governed by article 136 Tax Code.

Insolvent payables may be written off in the following cases:

-   approval period (three years from the date of the loan);  

-   liquidation of the creditor enterprise;  

- obligations are deductible by a court or a competent government authority.

The amount of deductible debt is included in other income from the main product. Payables debt cancellation   enterprises   in composition   other income and taxed at rates that   provided for the main activity.

 Debt settlement on the balance sheet is inconvenient, but with reasonableness: it is less expensive and   need to get rid of   of the law.   It turns out that in practice there are adequate options for lenders.   Date of establishing communication with the contractor depending on the loan amount, the date of its creation and other factors:  

   - enter into another contract or fully repay a debt that meets the conditions of the contract or condition;

   - appeal to a bank or tax inspectorate;

   - appeal to the debtor or the petition for debts in court;

   - the recognition of the debtor bankrupt.

   In spite of the diversity of approaches, in practice, the management of accounts receivable and payables remains difficult in enterprises and organizations across all sectors of the economy. The share of overdue debts and creditors' liabilities remains high. Financial mnazzasis, which can not be addressed, do not provide a positive solution to existing debts. As a result, the financial situation of the companies is gradually deteriorating. Measures on financial rehabilitation are ineffective.

Improvement of existing legal norms on receivables and payables and termination of enterprises, the rejection of deferred debt policy, the creation of supporting cards, the creation of incentives, the expansion of accounting forms, the creation of insurance services in commercial and commercial activities, we need to switch to an ideal system of organization.

  Дебиторликқарзларинибошқаришнингмақсади-унингхажминиватаркибиниоптималлаштириш, шунингдек, самараликредитсиёсматиниқўллашюзасидансотишхажминирағбатлантиришданиборат.Debitorli Klarzlini boshkarishning mash-uni Hajmini va tarkibini Optimalashtirish, shuningdek, Samarali loan siesmatmatini Ullash uzasidan sotish hajmini rabatlantirishdan iborat.Цельюуправлениядолгомдолгаявляетсяоптимизацияегообъемаиструктуры, атакжестимулированиеобъемапродажэффективнойкредитнойполитики.The goal of debt management is to optimize its volume and structure, as well as to stimulate sales of effective credit policy.