Zastosowanie nettingu w rozliczeniach wewnątrzkorporacyjnych
The use of netting in accounts settlementswithin the corporation
Author(s): Maria SierpińskaSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: compensation; netting procedures; netting advantages
Summary/Abstract: The paper presents the system of settling accounts, called netting, and its benefits in corporate practice. When international entities undertake the procedure of compensating accounts payable with accounts receivable they usually use multilateral netting. It facilitates payments within a group, leads to a decrease in operating and transaction costs, minimizes an influence of an exchange rate impact, strengthens an intra-group payment discipline and increases liquidity.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2014
- Issue No: 326
- Page Range: 222-231
- Page Count: 10
- Language: Polish