Glossary entry

German term or phrase:

Sachkonto

English translation:

nominal account

Added to glossary by Kim Metzger
Dec 8, 2002 20:03
21 yrs ago
10 viewers *
German term

Sachkonto

German to English Bus/Financial Finance (general)
Yet another type of account - I can see plenty of reference on the web, but not english equivalent - can anyone help?

Thanks!
Gillian
Change log

Apr 21, 2009 08:14: Steffen Walter changed "Field (specific)" from "(none)" to "Finance (general)"

Discussion

Non-ProZ.com Dec 8, 2002:
Sorry! Seems to me this might be a trading account - I have a list of account types among other things - there's no clue, except that it's part of a financial software package. - Sorry!
no context?

Proposed translations

+1
17 mins
Selected

nominal account

Also: general/impersonal/inventory/ledger/property/real account
Peer comment(s):

agree Ron Stelter
20 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks Kim - and for earlier contributions. Big help. Gillian"
28 mins

T-account (?)

IS it possible a T-account function
bucause Sachkonto is given as sachbuchung, I could not find it either, it is something specialized book, specialized accounts for each (let us say transactions or for certain firms to be later passed to other books or else)
Something went wrong...
+1
1 hr

impersonal / nonpersonal account

Reference: Wörterbuch Rechnungslegung und Steuern; Fachwörterbuch Lögistik; Dietl/Lorenz. Besides that I found G/L account in my SAP glossary with the following definition:

A structure that records value movements in a company code and
represents the G/L account object in a chart of accounts.

Peer comment(s):

agree msherms : I tend to agree with G/L (general ledger) account
542 days
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