The balance of payments of Kazakhstan is a systematised representation of all economic operations between residents and non-residents for certain period. The system of double booking demands reflection of operations in the balance of payments by two equivalent values, one of which is credited with plus sign, and the other is debited with minus sign.
Positive values mean exchange inflows and negative ones outflows.
The sum of all credit transactions must be equivalent to the sum of all debit entry, and the net balance equal to zero. Practically it is difficult to achieve ideal balance, because different sources of information and expert estimations are used, that s why balance item Net omissions and mistakes is used. Operations are estimated by their actual market price, reflected in contracts and agreements between independent participants of transactions. Time of registration. Registration of operation with economic values is implemented at the moment of their creation, transformation, exchange, transfer or repayment, or at the moment of change of owner, which corresponds to generally accepted in the international practice accounting of added on method.