PET - Plain English Taxonomy

Attribute:	BSL00750
Concept:	Liabilities Other Financial Liabilities Bill Acceptances Amount
Label:	Acceptances - total
Concept Guidance:	This is the value of the reporting party's acceptances as at the relevant date. Acceptances comprise undertakings by the reporting party to pay bills of exchange drawn on customers. These bills of exchange are not held as part of the reporting party's asset portfolio. Acceptances are accounted for and disclosed as a liability with a corresponding contra asset. The contra asset is recognised to reflect the reporting party's claim against each drawer of the bills of exchange. The measurement and classification basis used is to be in accordance with the accounting standards.

Dimensions

Dimension	Member	Description
CounterpartyDomicileDimension	(AUResident)	This dimension categorises reported data according to the residency of the counterparty. Residency is determined by the domicile of the counterparty.Branches are classified as residents of the country in which they operate. Information in relation to transactions in which the counterparty is a resident of Australia. Residency is determined by the domicile of the counterparty.Australian branches and Australian subsidiaries of foreign businesses are regarded as Australian residents.

Dimension

Member

Description

CounterpartyDomicileDimension

(AUResident)

This dimension categorises reported data according to the residency of the counterparty. Residency is determined by the domicile of the counterparty.Branches are classified as residents of the country in which they operate.
Information in relation to transactions in which the counterparty is a resident of Australia. Residency is determined by the domicile of the counterparty.Australian branches and Australian subsidiaries of foreign businesses are regarded as Australian residents.