TRANSACTIONS DESCRIBED IN GSFM

Nonmonetary Transactions
1. transactions that are not initially stated in units of currency
  1. include all transactions that do not involve any cash fl ows, such as barter, in-kind transactions, and certain internal transaction
2. can be either twoparty transactions or actions within an institutional unit that are used to construct an internal transaction
Two-party Nonmonetary Transactions
Monetary Transactions
1. institutional unit makes a payment or incurs a liability to another institutional unit stated in units of currency
  1. Eschange
    1. one unit provides a good, service, asset, or labor to a second unit and receives a good, service, asset, or labor of the same value in return.
  2. Transfer
    1. one institutional unit provides a good, service, or asset to another unit without receiving from the latter any good, service, or asset in return as a direct counterpart
  3. Capital Transfers
    1. the ownership of an asset changes from one party to another, or that oblige one or both parties to acquire or dispose of an assets, or where a liability is forgiven by the creditor
  4. Current Transfers
    1. transfers that are not capital transfers
Internal Transactions
Rerouting
Partitioning
Reassignment
NAMES: NICOL JOHANA PISCIOTTY PACHECO DANIEL SANTIAGO QUINTERO GARCIA MARINA CAYETH RODRIGUEZ GIRALDO

Resource summary

	Created by Daniel Santiago Quintero Garcia over 5 years ago