Definition, accounting and information support of electronic settlements
DOI:
https://doi.org/10.35774/visnyk2022.03.123Keywords:
electronic payments, cashless payments, electronic settlements, information, accounting, Internet banking, acquiring, electronic moneyAbstract
Introduction. The expansion and permanent improvement of the electronic payments field require a revision of the accounting principles of electronic settlements and improve their information and accounting support.
The purpose of the article. The aim of the study is to identify the prospects for digitalization of non-cash payments in business in the international and Ukrainian markets of payment services, information and accounting support of electronic payments and development of proposals for their improvement.
Methods. The theoretical and methodological basis of the research is the general scientific, special and empirical methods of cognition processes and phenomena. The comparative analysis method, method of scientific abstraction, statistical and logical methods are used in article.
Results. As a result of research, the definition of electronic payments was clarified and it was proposed to introduce the concept of “electronic settlements” in accounting terminology. Possible formats of electronic settlements between market participants are substantiated. Options for e-commerce and settlements in the form of separate blocks are presented, each of which differs in a special way of making electronic payments and registration of transactions in the accounting system. The use of unified forms of standard documents is proposed, which would serve as a legal basis for making entries in the system of accounting and reporting. The practical implementation of these recommendations will allow businesses to choose a profitable option for electronic payments and display electronic settlements in the accounting and reporting system.
Perspectives. Further research requires a procedure for documentary or undocumented confirmation of electronic payments and electronic settlements.
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