THE ANALYSIS OF THE FINANCIAL FLOWS RESULTING FROM PUBLIC SECTOR EXPENDITURES AND THEIR IMPACT ON ACCOUNTING

 
Autor (i): Guni Claudia Nicoleta
 
Cuvinte cheie: National Payments System, subsystem for bilateral netting of payments, subsystem for gross settlement, net settlement
 
Abstract:
Incurring expenditures through the State Treasury, by public institutions, is carried out in two ways: by cashless payments, when the Treasury, based on the payment order issued by the authorizing officer, after the necessary checks have been conducted, orders payments from the institution's account to suppliers, service providers, etc., or in cash, when, at the request of that public institution, the Treasury issues the requested cash. 
 
 
 
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