Thus, the Plan accounts

Chart of Accounts, the second - the section in the class, the third - in the group section, the fourth - the account number in the group. Consider the approach to the detail on the example of the accounts, combined in the first class. The first class is called the "Treasury and interbank transactions." It takes into account the treasury and interbank transactions of commercial banks. Itemized accounts of the II type is carried out by Treasury and interbank instruments that banks use. To account for treasury instruments are the following accounts: Cash - by number 10, precious metals ("monetary") - the account number 11 means the National Bank of Ukraine - by number 12, Treasury and other securities which the NBU refinanced - by number 14 and other instruments are to interbank transactions between commercial banks' correspondent accounts, including account number 15, "due from other banks», № 16 "Due to other banks", "Demand deposits and term deposits," Loans, repos, etc. . Account III and IV of the order detail information on the types of Treasury and interbank instruments on specific topics. For example, details of the account 10 "Cash" accounts III procedure is carried out on the ground "kind of cash." Chapter 10, "Cash" includes two counts of third-order: 100, "Banknotes and Coins" and 101 "traveler's checks." Account IV of the order of up to 100 accounts, "Bank notes and coins" are allocated on the basis of "the location of cash." Therefore, the account number in 1001 accounted for banknotes and coins on hand, the account number 1003 - notes and coins in exchange offices, account number 1007 - notes and coins on the way. Structure Chart of Accounts as adapted to the forms of financial statements. Topic: The role of accounting in the management of the bank, its types and purpose | Tags: Chart of Accounts