Loans
The big difference to a balance in the economic sense is that the balance of payments grasps stream dimensions and no overstockings. The change of a post for a period and not the whole balance is measured therefore at one time. Another difference to the economic account form is that the debit side and credit side is summarised to a column. Nevertheless, the principle of the double accountancy also finds in the balance of payments his use: To every reservation a cross entry must occur loans.
The balance of payments as a whole is always compensated. Primarily these both reservations exist with private economic actors from loans
the capture related to value of a good (achievement transactions)
the capture of demands and property rights (financial transactions).
Therefore it becomes clear that the point balance must be always compensated, because according to amount the value, e.g., of a delivered car and the payment must agree, loans nevertheless, both positions are booked in different part balances. Profits or deficits can appear only with part balances. A balance of payments by the directives of the IWF exists of the achievement balance and the balance on capital account as well as a “rest post”:
ZB = LB + KB + property transference + rest post