Intra-unit transfers (ETF 6, ETF 60, and ETF 600)

A1B.65.

Intra-unit transfers (ETF 6, ETF 60, and ETF 600) ) form part of the economic type framework (ETF) of the GFS and have the purpose of identifying flows within a unit (e.g. transfers to reserves, certain provisions) other than revaluations and accrued transactions such as depreciation. This item is populated by ABS compilers of GFS and should not be completed by suppliers of GFS data to the ABS. Flows within a unit appear in accounting records and are recorded in the GFS system to ensure that a balance of debits and credits is maintained in the unit’s data. These flows cancel out in output. Holding gains and losses and accrued transactions within units are required in output and so are not identified as intra-unit transfers.

A1B.66.

In the ABS GFS, intra-unit transfers (ETF 6, ETF 60, and ETF 600) are further classified as:

• Intra-unit payments (ETF 6001); and
• Intra-unit receipts (ETF 6002).

A1B.67.

Intra-unit payments (ETF 6001) record the internal payments that pass between the various funds and accounts of a public sector unit. This item is populated by ABS compilers of GFS and should not be completed by suppliers of GFS data to the ABS.

A1B.68.

Intra-unit payments (ETF 6001) record the internal receipts that pass between the various funds and accounts of a public sector unit. This item is populated by ABS compilers of GFS and should not be completed by suppliers of GFS data to the ABS.