Tuesday 11 November 2014

. Differentiate ‘Free Offsetting Entry’ from a Statistical Posting? ‘

Answer


Free Offsetting Entry’ postings are part of the regular postings but with a freely definable offsetting entry, and relate to the On-Balance Sheet Items. On the other hand, in a Statistical Posting, you will always be posting to the same offsetting entry, and these are all the Off Balance Sheet Items.


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