Account 67 is designed to collect information on credits and loans issued for a period of more than 1 year. It contains detailed information about the amounts granted, accrued interest and the repayment process. Long-term liabilities can arise in different ways: when issuing bonds, issuing a loan or a loan, issuing bills of exchange. Each of the situations finds its place on account 67. Consider the types of long-term obligations and the organization of their accounting.

Types of borrowed funds

Legislation provides for two methods legal registration provided borrowed money. This is a loan agreement and a loan agreement. At their conclusion, two parties are involved - the lender and the borrower. A legally fixed transaction is made, according to which the lender provides the borrower with a certain amount material assets for the stipulated period. Upon its expiration, the borrower undertakes to return the original amount of funds provided and pay interest (if provided by the agreement). After the transfer of values ​​from the lender to the borrower, the contract is considered active.

Depending on the terms of the contract and the categories of persons who participate in it, there are two main types of borrowed funds: loans and loans. Together, they form one of the most important articles in the formation of the sources of the enterprise. Borrowed funds, along with own funds, significantly affect welfare and development economic activity legal entity.

Types of loans and loans

Account 67 contains information about different types borrowed money. The only thing that unites them is the term of the obligation, which is at least 12 months from reporting date. Loans may take the form earmarked funds, bills or bonds. The main difference of this method of attracting assets is that a bank cannot act as a lender. A loan is a legal transaction in which the parties agree to transfer Money or property in the property on the terms of return with the payment of interest for use, or without them. Individuals and legal entities can conclude such an agreement, with the exception, as already mentioned, banks. One way to raise loans is to issue valuable papers(bills, bonds, shares).

A loan is a relationship between the parties in which there is a transfer of funds on credit on the terms of urgency, payment and repayment. The procedure for granting and repaying loans is regulated by law. The rights and obligations of the parties are specified in the loan agreement. Account 67 contains information on long-term loans and interest on them.

Account characteristics 67

This account is included in section VI of the Model Plan, in which the accounts of the settlement group are located. They are designed to characterize relationships with different debtors and creditors. In conditions modern economy It is difficult for an average enterprise to do without attracting borrowed funds. Often this step becomes a "breakthrough" in the development of entrepreneurship.

Accounts 66 and 67 were created just to record operations on loans and credits issued to the company. The procedure for organizing accounting for them is similar, but has one significant difference - the term of the relationship between the lender and the borrower. Account 66 describes the relationship of the parties on short-term loans, that is, those that last less than 12 months. Account 67, on the other hand, is intended for accounting for longer transactions occurring within 12 or more months.

He has passive structure, since the account balances at the end of the month are reflected in the sources of the enterprise. On the loan, there is an increase in borrowed funds (growth accounts payable), and for debit - a decrease in debt obligations.

Analytical accounting

Account 67 combines a lot of information: the amount of loans by their types, the amount of accrued interest, penalties for delays. In order to avoid confusion, it is necessary not only to distinguish different types of long-term obligations from each other, but also to single out each creditor separately. The enterprise, according to the recommendations of the accounting policy for the organization analytical accounting on account 67, can open the following sub-accounts:

• 67/1 "Long-term loans";
• account 67/2 "Long-term loans";
• 67/3 "Interest on payment of loans and credits";
• 67/4 "Fines and penalties for payment of credits and loans";
• 67/5 "Overdue loans and loans";
• 67/6 "Loans for the issue of securities";
• 67/7 "Loans and credits for employees".

The data is reflected in summary statements, with the help of which the correctness of analytical accounting is verified.

Debit transactions

Postings drawn up on the debit of account 67 mean a decrease in accounts payable on long-term loans. In this case, several scenarios are possible:

1. Repayment of a loan (loan) by transferring funds. Accounts 51, 52, 55 will enter the relationship.
2. Completion of obligations after offsetting counter homogeneous claims (Dt 67 Kt 62/76).
3. Transfer of long-term debt to short-term debt if less than 365 days are left before its repayment (Dt 67 Kt 66).
4. Crediting of unfulfilled long-term obligation after the expiration date limitation period among other income (Dt 67 Kt 91.1).
5. Transfer to the account of other income of positive foreign exchange differences on a long-term loan or loan in foreign currency.

Thus, the amounts indicated in the debit of account 67 always mean a decrease in the amount of debt on a long-term loan or credit.

Loan operations

Credit 67 of the account shows the amount of debt on loans and borrowings issued for a period of more than 1 year. Special attention should be given to the preparation of transactions for the receipt of amounts or property in accordance with the loan (credit) agreement. Regardless of the purpose of registration, the amount is indicated in the credit of account 67. But it is somewhat more difficult to determine the corresponding account. The amounts should be charged to the asset account that is directly attributable to the loan or credit.

Consider typical cases:

• registration of a loan for the purpose of acquiring property or starting construction is reflected in the debit of account 08; at the same time, the expenses that are associated with obtaining a loan (loan) and its use are charged either to account 91.2, or to the composition original cost OS objects (if depreciation is charged on them and additional conditions are met);
• if the loan is provided in the form of property, then its amount is entered in the debit of the accounts of such property (10, 11, 41);
• cash and non-cash funds received in connection with the issuance of a long-term loan are indicated in the debit of accounts of Section V (50, 51, 52, 55);
• if a loan or loan is issued to cover other obligations, then the amounts are charged to these settlement accounts (60, 68, 76);
• expenses related to the maintenance of the loan (credit) and the imposition of penalties, interest are classified as other expenses;
• foreign exchange losses on foreign currency loans and borrowings are also included in operating expenses.

Bond issue

Bond placement is a common way to get long-term loans. Account 67 for such purposes contains sub-account 67.6, which reflects information on the issue of securities. Bonds can be placed on the market at a higher price than their face value, or, conversely, at a lower price. In the first case, the accountant fixes the nominal value on account 67, and writes off the excess amount to deferred income (account credit 98). Corresponding with them is usually a current account.

In case of sale of bonds at a reduced price (with a discount), the difference is evenly and gradually additionally accrued during the period of their circulation from the amounts of other income. Regarding this situation, the enterprise may prescribe in accounting policy an item according to which the discount is preliminarily taken into account among the expenses of future periods (debit 97). And then they gradually write off the amounts as other expenses in the debit of account 91.2.

Interest, which the issuer undertakes to pay to the owners of securities, is reflected separately on a separate sub-account and includes the amounts in the number of operating expenses (account 91.2). Or they are taken into account, like the previous case, as part of deferred expenses with a gradual write-off to account 91.2.

Bank loans

Account 67.1 contains information on issued long-term loans. Upon receipt of funds, the amounts are credited 67.1 and the debit of those accounts where they were sent. The entries describing this operation are as follows:

• Dt 50–55 Kt 67.1 - a loan received / credited.
• Dt 60 Kt 67.1 - the debt to suppliers was repaid at the expense of the loan, or the loan was sent for prepayment to the supplier.
• Dt 68 Kt 67.1 - the debt to the budget is covered with a loan.
• Dt 76 Kt 67.1 - the debt to another creditor was repaid at the expense of the loan.

A long-term loan (account 67) is repaid with even simpler entries. To do this, the account is debited in correspondence with cash accounts (51–55). The accrual of interest for the use of the loan occurs with the help of account 91.2, and the payment is in the same manner as the repayment of the debt.

Loan processing for staff

Loans issued for employees for the construction of housing and other needs are reflected in a separate sub-account (in the conditions of this article 67.7). The organization writes down the amounts received on credit 67.7 in correspondence with cash accounts. After issuing a loan to staff, posting Dt 73 Kt 51 (50) is carried out. The funds contributed by the employee to pay off the debt are taken into account in debit 73. The enterprise “closes” the loan with the posting Dt 67.7 Kt 51.

The capital of any enterprise is nothing but the totality of attracted and own funds. The implementation of effective economic activity is almost impossible without loans that contribute to the development of the enterprise. Funds are raised on a long-term basis mainly for investments, modernization, construction or acquisition of fixed assets. Amounts, interest and fines on them are reflected in account 67, the rules for maintaining which were discussed in detail in the article.

Account 67 "Calculations for long term loans and loans" is intended to summarize information on the status of long-term (for a period of more than 12 months) loans and borrowings received by the organization.

The amounts of long-term credits and loans received by the organization are reflected in the credit of account 67 "Settlements on long-term credits and loans" and debit accounts 51 "Settlement accounts", "Currency accounts", "Special bank accounts", "Settlements with suppliers and contractors", etc.

Long-term loans raised through the issuance and placement of bonds are recorded on account 67 "Settlements on long-term credits and loans" separately. Moreover, if bonds are placed at a price exceeding their face value, then debit entries are made accounts 51"Settlement accounts" and others in correspondence with accounts 67 "Settlements on long-term credits and loans" (at the face value of bonds) and "Deferred income" (by the amount of the excess of the placement price of bonds over their face value). The amount attributed to score 98"Deferred income", written off evenly during the period of circulation of bonds on account 91"Other income and expenses". If the bonds are placed at a price below their face value, then the difference between the placement price and the face value of the bonds is accrued evenly over the period of circulation of the bonds from the credit of account 67 "Settlements on long-term loans and borrowings" to the debit accounts 91"Other income and expenses".

Interest payable on received credits and loans is reflected on the credit of account 67 "Settlements on long-term credits and loans" in correspondence with debit accounts 91"Other income and expenses". Accrued interest amounts are accounted for separately.

Account 67 "Settlements on long-term credits and loans" is debited for the amounts of repaid credits and loans in correspondence with cash accounts. Loans and borrowings that are not repaid on time are accounted for separately.

Analytical accounting of long-term credits and loans is carried out by types of credits and loans, credit institutions and other lenders that provided them, and individual credits and loans.

On a separate sub-account to account 67 "Settlements on long-term loans and borrowings", settlements with banks on the operation of accounting (discount) of bills and other debt obligations with a maturity of more than 12 months are taken into account.

The operation of accounting (discount) of bills of exchange and other debt obligations is reflected by the organization-holder of the bill on the credit of account 67 "Settlements on long-term loans and borrowings" (nominal value of the bill) and debit accounts 51"Settlement accounts" or "Currency accounts" (actually received amount of cash) and "Other income and expenses" (account interest paid to the credit institution).

The transaction of accounting (discount) of bills and other debt obligations is closed on the basis of a notice to the credit institution of payment by reflecting the amount of the bill on the debit of account 67 "Settlements on long-term loans and borrowings" and the credit of the corresponding accounts receivable.

When a bill-holder organization returns funds received from a credit institution as a result of accounting (discount) of bills of exchange or other debt obligations, due to non-fulfillment in fixed time the drawer or other payer on the bill of his payment obligations shall make an entry in the debit of account 67 "Settlements on long-term credits and loans" in correspondence with the cash accounts. At the same time, indebtedness on settlements with buyers, customers and other debtors, secured by an overdue bill, continues to be recorded on the relevant accounts receivable.

Analytical accounting of discounted promissory notes is kept for credit institutions that have registered (discounted) promissory notes or other debt obligations, issuers and individual promissory notes.

Accounting for settlements with credit institutions, lenders and drawers within a group of interrelated organizations, the activities of which are compiled financial statements, is kept on account 67 "Settlements on long-term credits and loans" separately.

Account 67 "Settlements on long-term loans and borrowings"
corresponds with accounts

by debit

on credit

51 Settlement accounts 52 Currency accounts 55 Special bank accounts 62 Settlements with buyers and customers 91 Other income and expenses

07 Equipment for installation 08 Investments in non-current assets 10 Materials 11 Raised and fattened animals 41 Items 50 Checkout 51 Settlement accounts 52 Currency accounts 55 Special bank accounts 60 Settlements with suppliers and contractors 67 Settlements on long-term loans and borrowings 68 Calculations for taxes and fees 76 Settlements with various debtors and creditors 82 Reserve capital 91 Other income and expenses

Chart of accounts application: account 67

• The term of borrowing on account 66 “Settlements on short-term loans and borrowings” or 67 “Settlements on long-term loans and borrowings”. Therefore, when receiving a loan or a loan on ... and a credit of account 67 “Settlements on long-term loans and loans”. Correspondence of accounts Content of operation Debit Credit 52-1 67-1 The received long-term... is credited. Correspondence of accounts The content of the operation Debit Credit 66-1, 67-1 / sub-account “Settlements on term loans and loans ...

• Accounting for exchange rate differences on foreign currency loans and borrowings

  The term of borrowing on account 66 “Settlements on short-term loans and borrowings” or 67 “Settlements on long-term loans and borrowings”. Therefore, when receiving a loan or a loan on ... and a credit of account 67 “Settlements on long-term loans and loans”. Correspondence of accounts Content of operation Debit Credit 52-1 67-1 The received long-term... is credited. Correspondence of accounts The content of the operation Debit Credit 66-1, 67-1 / sub-account “Settlements on term loans and loans ...

• Account) The amounts of long-term (for a period of more than 12 months) loans (credits) received by the organization are reflected in the credit of account 67 “Settlements on long-term loans and borrowings”. Correspondence of accounts ... Content of the operation Debit Credit 51 67-1 The received long-term ...

• Accounting for Amount Differences on Foreign Currency Credits and Loans

  Account) The amounts of long-term (for a period of more than 12 months) loans (credits) received by the organization are reflected in the credit of account 67 “Settlements on long-term loans and borrowings”. Correspondence of accounts ... Content of the operation Debit Credit 51 67-1 The received long-term ...

• Accounting for operations under a commodity loan agreement

  Entry on the debit of the account for accounting for cash or other valuables received and on the credit of account 67 “Settlements on long-term loans and borrowings”. Accordingly..., upon receipt of a loan... or a loan for a period of...

• Loan agreement in foreign currency: accounting for exchange rate and amount differences with the borrower

  receiving interest-bearing loan(loan). Liabilities and settlements in foreign currency ... loans (received for a period of not more than 12 months) are reflected in the credit of account 66 "Settlements on short-term loans and loans ...", and long-term (received for a period of more than 12 months) - in the credit of account 67 "Settlements on long-term credits and loans..." 2 . To be reflected in accounting received on a foreign exchange account ...

• Interest expense on debt obligations

  Short-term credits and loans received by the organization are summarized on account 66 “Settlements on short-term credits and loans”. To account for long-term loans, account 67 “Settlements on long-term loans and loans ...” is intended. Interest payable on...

• Accounting for transactions under an interest-free loan agreement

  Account 66 “Settlements on short-term loans and borrowings” is intended for information on short-term loans received, and account 67 “Settlements on long-term loans and loans ...” is used to reflect information on long-term loans. Analytical accounting of loans...

• Accounting for issued and received interest-free loans from individuals

  And less), received by the organization, are reflected on account 66 "Calculations on short-term loans and loans", for settlements on long-term loans ... account 67 "Calculations on long-term loans and loans" is intended ... analytical accounting of short-term and long-term loans and borrowings is maintained by types of credits and loans, credit institutions and other lenders that provided ...

• accounts accounting associated with loans and borrowings, since the organization actually uses the loan: account 66 “Settlements on short-term loans and loans”; account 67 "Settlements on long-term loans and borrowings ...". Crediting to a special credit card account...

• Acquisition of fuel and lubricants by bank transfer

  Accounts related to loans and borrowings are used, since the organization actually uses the loan: account 66 “Settlements on short-term loans and loans”; account 67 "Settlements on long-term credits and loans". Crediting... to a special credit card account...

• Commodity credit: features of accounting and taxation

  Not more than 12 months) credits and loans account 66 "Settlements on short-term credits and loans", long-term - account 67 "Settlements on long-term credits and loans". Paragraph 17 of PBU ... 15/01 determines that the debt on loans and credits received ...

• The organization issues its own bill of exchange and settles it with the supplier: accounting entries

  And contractors secured by bills of exchange issued by the organization are not debited from account 60 "Settlements ... with suppliers and contractors", but ... the date of issue of the bill) and the organization's obligation for a bill loan arises (p. 1 ... 15/2008 " Accounting for expenses on loans and credits "(hereinafter referred to as PBU 15 ... the bill holder uses account 66 "Settlements on short-term loans and loans" or account 67 "Settlements on long-term loans and loans" ...

• Free help from the founders: accounting and taxation

  Account 66 "Calculations on short-term loans and borrowings" is intended for the chart of accounts, for long-term loans (for ... more than 12 months) account 67 "Calculations on long-term loans and loans ..." is provided. The amounts of loans received by the organization are reflected in the credit of account 66 (67) and the debit of accounts 50 ...

• Accounting for a bank loan received for the purchase of a property with a view to its resale

  The status of long-term (for a period exceeding 12 months) loans received by the organization is assigned to account 67 “Settlements on long-term loans and loans”. Chart of accounts ... accounting and Instructions for its use ...

Account 67, included in the category of settlement registers, is an informer about two sources of funds attracted from outside enterprises - loans and credits granted for a period of more than a year. It takes into account information about commercial and monetary obligations in the form of principal and user fees.

Account entries 67

Operations to raise borrowed capital are accounted for regardless of the moment of conclusion of contracts upon receipt of money or property. That is, several tranches will form debt on different dates. The receipt of the principal debt is recorded by correspondence on the loan account. 67 with a debit of asset accounting, depending on the type of agreements executed:

The accrual of interest on long-term borrowed funds is taken into account depending on the objects in which the attracted investments are invested. Account 67 is credited with a debit:

• 08 - the cost of creating fixed assets (construction) increases until the moment of conservation or completion of construction work;
• 91/01 - expenses for the use of loans aimed at acquiring other property, as well as for frozen and completed investment objects are reflected.

Example

On May 24, 2016, the organization an agreement with a Ford car dealer for the supply of 3 buses with a loan (deferred payment) for 2 pieces for 3 years at 10% per annum. At the same time, for the construction of a garage on 06/06/2016. issued a bank loan at 11.6%.

			Amount, thousand rubles	Base
				Buses received
				The debt to the counterparty was reclassified to account 67 as a loan obligation
				Paid for 1 car
				Buses have lined up
				Interest accrued to the supplier
				Received money from a credit institution
				Charged for using a bank loan
				Interest accrued to the supplier

The construction of the garage was completed in September, and from October the interest on the bank loan is recorded as other expenses (account 91).

From the above entries, it can be seen that accounting account 67 is a collective register for the entire amount of attracted third-party investments. He shows full cost costs for objects that are purchased with loan funds. They specify the sub-account information and analytical registers that are opened in the context of:

• Counterparties;
• contracts;
• Purpose of use;
• Percent.

Reflection in the balance sheet of the organization

To determine the position in the balance sheet, let's find out which account 67 is active or passive. The result of obtaining long-term loans and credits is the creation of values ​​for obtaining economic benefits. That is, loans are characterized as sources financial investment, and this is the first sign of a liability.

The second evidence of the passive nature of the register follows from the analysis of operations - until the return of borrowed funds, the balance sheet for account 67 has a credit balance or zero in the absence of attracted third-party investments.

IN balance sheet settlements on long-term loans and credits are shown in line 1410 in the context of the principal debt until 365 (366) days remain until repayment. After that, for the purposes of the reliability of the indicators, they are reclassified as short-term loan debt with reflection in column 1510. monthly interest it is more expedient to indicate on line 1520, since they have a short-term sign.

Account 67 "Settlements on long-term credits and loans" is intended to summarize information on the status of long-term (for a period of more than 12 months) credits and loans received by the organization.
The amounts received by the organization of long-term loans and borrowings are reflected in the credit of account 67 "Settlements on long-term loans and loans" and the debit of accounts 51 "Settlement accounts", 52 "Currency accounts", 55 "Special accounts in banks", 60 "Settlements with suppliers and contractors " etc.
Long-term loans raised through the issuance and placement of bonds are recorded on account 67 "Settlements on long-term credits and loans" separately. At the same time, if bonds are placed at a price exceeding their face value, then entries are made on the debit of account 51 "Settlement accounts", etc. in correspondence with accounts 67 "Settlements on long-term loans and borrowings" (at the face value of bonds) and 98 "Income future periods" (by the amount of the excess of the placement price of bonds over their nominal value). The amount charged to account 98 "Deferred income" is debited evenly over the period of circulation of the bonds to account 91 "Other income and expenses". If bonds are placed at a price lower than their face value, then the difference between the placement price and the face value of bonds is additionally accrued evenly over the period of circulation of bonds from the credit of account 67 "Settlements on long-term credits and loans" to the debit of account 91 "Other income and expenses".
Interest payable on received credits and loans is reflected in the credit of account 67 "Settlements on long-term credits and loans" in correspondence with the debit of account 91 "Other income and expenses". Accrued interest amounts are accounted for separately.
Account 67 "Settlements on long-term credits and loans" is debited for the amounts of repaid credits and loans in correspondence with cash accounts. Loans and borrowings that are not repaid on time are accounted for separately.
Analytical accounting of long-term credits and loans is carried out by types of credits and loans, credit institutions and other lenders that provided them, and individual credits and loans.
On a separate sub-account to account 67 "Settlements on long-term loans and borrowings", settlements with banks on the operation of accounting (discount) of bills and other debt obligations with a maturity of more than 12 months are taken into account.
The operation of accounting (discount) of bills of exchange and other debt obligations is reflected by the organization - the holder of the bill on the credit of account 67 "Settlements on long-term credits and loans" (nominal value of the bill) and the debit of accounts 51 "Settlement accounts" or 52 "Currency accounts" (actually received amount of cash funds) and 91 "Other income and expenses" (account interest paid to a credit institution).
The transaction of accounting (discount) of bills and other debt obligations is closed on the basis of a notice to the credit institution of payment by reflecting the amount of the bill on the debit of account 67 "Settlements on long-term loans and borrowings" and the credit of the corresponding accounts receivable.
When a bill-holder organization repays funds received from a credit institution as a result of accounting (discount) of bills of exchange or other debt obligations, due to the failure of the drawer or other payer on the bill to fulfill its payment obligations within the established period, an entry is made in the debit of account 67 "Settlements on long-term credits and loans" in correspondence with cash accounts. At the same time, indebtedness on settlements with buyers, customers and other debtors, secured by an overdue bill, continues to be recorded on the relevant accounts receivable.
Analytical accounting of discounted promissory notes is kept for credit institutions that have registered (discounted) promissory notes or other debt obligations, issuers and individual promissory notes.
Accounting for settlements with credit institutions, lenders and drawers within a group of interrelated organizations, on the activities of which consolidated financial statements are compiled, is kept on account 67 "Settlements on long-term credits and loans" separately.

All loans are issued by banks only for specific purposes on terms of repayment for a certain period, they are banking and commercial. Bank loan- this is a cash loan that is provided by a credit institution for the production needs of the organization, it can be long-term or short-term.

A short-term loan is a loan for a period not exceeding one year; it is the main source of additional funds for an organization for temporary needs. Borrowed short-term money is used for temporary replenishment of fixed and working capital, for inventory items, for, as well as for other needs.

Accounting for short-term loans on account 66

For the purpose of accounting for short-term loans in the accounting department, account 66 “Settlements on short-term loans and borrowings” is intended. Score 66 is passive. It exists to summarize information about the movement and availability of short-term loans and credits received by the organization.

The loan can be obtained both in domestic and in foreign currency. In the latter case, the currency is converted into rubles at the exchange rate of the Central Bank of the Russian Federation, the conversion is made at the time the funds are credited to the foreign currency account. Features of currency accounting can be read.

Foreign exchange differences are included in operating expenses. Interest accrued to be paid according to loan agreement are also included in operating expenses. In addition, in the process of applying for a loan, an organization may incur a number of additional costs such as consulting fees, legal services, expertise services, communication services and others. These expenses are also included in “Other income and expenses”.

Accounting entries for short-term loans and borrowings:

Accounting loan amounts, taken for a period of less than one year, is kept on account 66.

Postings on account 66:

• D50 (51.52, 55) K66 - received short term loan in the bank in cash (to settlement, currency, special accounts).
• D91/2 K66 - accrued interest payable under the loan agreement.
• D66 K50 (51, 52, 55) - short-term loan repaid.
• D66 К91/1 - a positive exchange rate difference and interest in foreign currency has been accrued.
• D91/2 K66 - a negative exchange rate difference and interest in foreign currency has been accrued.

The last two entries are made if the loan is received in a foreign currency.

Long-term loans (account 67)

A long-term loan is a loan with a term of more than 1 year, which provides financial institution or organization's bank.

For legal entities a long-term loan is provided for investment, reconstruction or modernization of production lines or for the increase in production capacity. Such loans are issued for 5-10 years, if the enterprise has a very stable financial position and work for at least six months.

It takes a little longer to process long-term loan applications. Not only real estate, but also guarantors may be required as collateral. Interest rates are usually lower than on short-term loans.

Accounting entries for long-term loans and borrowings:

In accounting, long-term loans are settled on account 67. Score 67 is also passive.

Postings on account 67:

• D50 (51.52.55) K67 - received a long-term cash loan (to settlement, currency, special accounts).
• D91/2 K67 - accrued interest payable in accordance with the loan agreement.
• D67 K50 (51, 52, 55) - a long-term bank loan is repaid.
• D67 K91/1 - a positive exchange rate difference on interest in foreign currency has been accrued.
• D91/2 K67 - a negative exchange rate difference on interest in foreign currency has been accrued.

The last two entries relate to long-term foreign currency loans.

It should be noted here that the organization has the right to take into account long-term loans on account 67 until its full repayment. In addition, the organization can also transfer the loan from the category of long-term to short-term at the moment when its maturity remains no more than one year. In the second case, additional posting D67 K66 should be made, which will mean that the long-term loan has been converted into a short-term one.