Other accounts receivable/payable, excluding trade credits

For instance, a supplier who sells a product to a corporation, but only receives the due payment later, will have a credit (in this case a trade credit) on that corporation from the time of sale until actual payment.

This instrument falls under category 8.9 of the financial instruments classification, according to the European System of Accounts 2010, and is part of the category ‘Other assets/liabilities’ (7 and 8).

Classification of financial instruments (European System of Accounts 2010).