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Steps and support

When a country decides to use ERETES this implementation will be conducted in the framework of a project and the support of an expert of the package provided.

The implementation is most of the time linked to the compilation of a new benchmark year but it can be initiated in other contexts:

  • safeguarding of ongoing national accounts build with an another tool on a «like-for-like» perimeter
  • use of ERETES and at the same time enlargement of the scope of the national accounts (for examples decision to compile a SUT or more comprehensive sector accounts than in the past)

In all cases, the first step is the identification phase:

  • Analysis of the statistical information available, of the methods used up to now to compile National Accounts
  • Detailed presentation of the tool
  • Choice of the scope of the accounts

The following steps are determined during this identification phase.

If the project consists of supporting the compilation of the new benchmark year and the first current year of the new series, its duration will be about a year and a half / two years. A technical assistance mission will be planned for each step as follows:

Step 2 – Installation

  • Software installation
  • Loading of the local classifications prepared by the team
  • Initialization of a new accounting year
  • Support to prepare the formatting and loading of statistical sources

Step 3 – Processing statistical sources

  • Validation of choices regarding data organization: aggregation of individual data, for some transactions is it more useful to load amounts or rates ?
  • Detailed review of the data prepared by the team : in particular the methodological attribute, support to use the interface « scan » an Excel file
  • Loading data in the database

Step 4 – Preliminary pre-reconciliation

  •  First check of the consistency between sources transaction by transaction
  •  Additional treatments if necessary

Step 5 – Assimilation by all the team members of how to use the work tables

  • Industry accounts
  • Supply and use balance
  • From whom to whom matrix (distributive and financial transactions)

Step 6 – Synthesis

  • Reconciliation of the IC matrix
  • Last checks of the consistency of the institutional sectors accounts
  • Launching the editions of the SUT and the IEAT

Step 7 – Working on a current year needs to assimilate specific tables and tools

  • SUB : current year version
  • IA : production account at current price and constant price
  • Projection of IC tool

After this last step, the team has a full mastery of all tools and their use in the compilation process.