Account 467: complete guide, examples and mistakes

Updated April 4, 2026 - Account 467 is one of the most used — and most misunderstood — accounts in the French General Chart of Accounts (PCG). Classified under "Miscellaneous debtors or creditors", it records transactions with third parties that do not fall under customers (411), suppliers (401), the State or employees. In 2026, mastering this account remains essential for any company that wants to produce reliable financial statements that can withstand a tax audit.

Quick answer: Account 467 records receivables and payables that do not fit into the standard third-party accounts of the PCG. It is subdivided into 4671 (advances and deposits received), 4672 (deposits paid), 4673 (deposits and consignments received), 4678 (other debtor accounts) and 4679 (other creditor accounts). Its balance can be either débit or credit. Every entry must be documented and cleared promptly.

Account 467 belongs to class 4 of the PCG — "Third-party accounts" — and more specifically to subclass 46, "Miscellaneous debtors and creditors". Under ANC regulation No. 2014-03 as amended (2026 version), transactions whose balance can be either débit or credit are recorded in subdivisions under this account.

In practice, account 467 serves as a financial interface for flows that do not fit into any of the company's usual circuits. It can have a débit balance (the company is a creditor) or a credit balance (the company is a debtor), making it particularly flexible — and therefore particularly exposed to misuse.

To complete, see Capitalized production: how to account for it?, Multi-currency accounting and Irrecoverable debt: proof, VAT and accounting.

The PCG provides several subdivisions of account 467 to ensure fine traceability of operations:

This granularity is not optional. It allows operations to be segmented by nature, facilitates inventory work and justifies balances to the statutory auditor or the tax administration.

Account 467 is used in several concrete situations that we frequently encounter in our firm:

Disbursements and expense recharges#

Disbursements are expenses advanced by the company on behalf of a client. The invoice must be issued in the client's name. This is the typical case of notaries who pay court fees or legal announcements for their clients.

Entry when paying the disbursement:

Entry when recharging the client:

Security deposits and guarantees#

When a company pays a security deposit for equipment or premises rental, it uses sub-account 4672. This amount remains on the balance sheet asset side until the rented item is returned.

Employee expense reports#

An expense report submitted by an employee and awaiting reimbursement can transit through account 467 before final allocation to an expense account (class 6) or through account 421 (Personnel – Rémunération due).

Factoring retention guarantees#

When a company assigns its receivables to a factor, the factor typically retains a portion as a guarantee. If the contract spans a single financial year, the retention is recorded in 467. Beyond that, it falls under account 275 (Deposits and guarantees paid).

Temporary transactions with shareholders#

Certain one-off transactions with shareholders — distinct from capital contributions or standard loans — can transit through account 467. Warning: account 467 must never replace account 455 (Shareholders – Current accounts) for the structural tracking of shareholder current accounts.

A common mistake is using account 467 where another account would be more appropriate. Here are the essential distinctions:

• 467 vs 455 (Shareholder current account): account 455 is dedicated to structural financial relationships with shareholders: current account contributions, loans, repayments, interest on current accounts. Account 467 only records one-off and atypical transactions with any third parties.
• 467 vs 471 (Suspense accounts): account 471 is a transit account for operations awaiting definitive classification.

Account 467 records identified receivables or payables outside usual circuits.

• 467 vs 401/411 (Suppliers/Customers): whenever an operation relates to the normal operating cycle (purchases, sales), it must be recorded in the dedicated accounts, not in 467.
• 467 vs 468 (Miscellaneous creditor accounts and accrued expenses): account 468 covers expenses incurred but not yet invoiced.

Account 467 records operations with identified third parties.

Account 467 becomes a real problem when it serves as a "parking lot" for poorly classified entries. Here are the warning signs we identify during our audit missions:

• a balance that grows from one financial year to the next without clear justification;
• old entries (more than 12 months) never cleared;
• vague descriptions such as "miscellaneous", "to regularize" or "pending justification";
• no supporting documents attached to entries;
• a mix of operation types in the same sub-account.

Hayot Expertise Advice: account 467 must remain an account that is explained, documented and quickly cleared. If it becomes a permanent accounting parking lot, entries must be reclassified instead of feeding it further. A tax auditor who discovers a €50,000 account 467 without detail will immediately consider these sums as undeclared income or unjustified expenses.

Case study: an unjustified account 467 of €85,000#

During a tax audit for a client, we discovered a débit balance of €85,000 in account 467, accumulated over three financial years. Line-by-line analysis revealed:

• €32,000 in directors' travel expenses not allocated to expenses;
• €18,000 in advances on services never invoiced;
• €20,000 in informal loans to employees without agreements;
• €15,000 in supplier payments misclassified.

Our intervention consisted of reclassifying each line, regularizing the associated taxation and setting up a monthly review procedure for the account. The cost of this regularization? Approximately €4,000 in accounting fees. The cost avoided in tax reassessment? More than €30,000.

Transactions recorded in account 467 can have direct tax consequences:

• VAT on advances and deposits: advances received on orders are subject to VAT upon receipt (article 269-1-a of the CGI). A deposit in 4671 therefore generates an immediate déclaration obligation.
• Stamp duties on security deposits: some security deposits may be subject to registration duties, particularly in the context of commercial leases.
• Shareholder current account rémunération: if shareholder transactions pass through 467 instead of 455, the administration may reclassify the sums and challenge the deductibility of any interest.
• Justification during audits: the tax administration requires supporting documents for each entry (contracts, invoices, bank statements). Lack of documentation opens the door to reassessments.

To maintain a clean and defensible account 467, we recommend the following procedure:

1. Monthly review: examine each line of account 467 during monthly closing.
2. Precise description: each entry must mention the third party concerned, the nature of the operation and the référence of the supporting document.
3. Systematic supporting document: contract, invoice, statement or agreement must be archived and attached to the entry.
4. Estimated clearance date: each line must have an identified regularization deadline.
5. Quarterly reporting: produce a detailed statement of 467 with line aging (less than 3 months, 3-6 months, 6-12 months, more than 12 months).
6. Clearance before closing: settle or reclassify all lines prior to the current financial year before finalizing the accounts.

We can help you go over the details, resolve suspense items and put the balance sheet into a more defensible logic.

Quick link: Put your accounting file back under control

Account 467 is a legitimate and useful accounting tool when it remains exceptional, documented and regularly cleared. On the other hand, it becomes a major warning signal when it absorbs recurring anomalies without resolution logic. In 2026, with tax audits increasingly based on automated data cross-referencing, the quality of your third-party accounts — and account 467 in particular — is a compliance issue as much as a financial readability issue.

Our recommendation is simple: review your account 467 every month, document every line, clear every suspense item. Today's accounting rigour avoids tomorrow's tax reassessment.

(Official sources: ANC regulation No. 2014-03 as amended — 2026 version, ANC 2026 Chart of Accounts, Service-Public.fr — Accounting obligations, BOFiP on conversion differences, article 269-1-a of the CGI)