English translation: Reverse entry for excess deposits/payments
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Dutch to English translations [PRO] Bus/Financial - IT (Information Technology)
Dutch term or phrase:Terugboeken overloop stortingen
In a programme overview of a module, a description of a programme function.
Does 'overloop' mean overflow in this context? Or is it something like defection?
Explanation: Double-entry ledger/bookkeeping reversal of excess deposits/payments -possibly in connection with oversubscribed securities issue, when excessive deposits must be returned to investors who have are to receive fewer securities than they subscribed and paid deposits for.
Some refs:
Standard General Ledger - Document #4
(REVERSE ENTRY WHEN REDUCED.) 3045 DISPOSITION OF DEPOSIT FUNDS AND SUSPENSE ACCOUNTS
... Record excess of $200000 or 1% of estimated . amount of budgetary ... www.va.gov/publ/direc/finance/SGLHDBK9.htm
Kotak Mahindra
... through channels other than the Bank channels;(iv) any short/excess payment made to ... The credit for deposits will be available to the Customer on the ... www.kotak.com/Kotak_BankSite/tac/tac3.htm
Assets and Other Debits
Deposits with fiscal agents, such as commercial banks, for the payment of matured
... When the bonds are sold, a reverse entry would be made in the capital ... www.sao.state.ut.us/UAM/general/ic0801.htm
-------------------------------------------------- Note added at 15 mins (2005-12-10 00:07:26 GMT) --------------------------------------------------
Explanation: Double-entry ledger/bookkeeping reversal of excess deposits/payments -possibly in connection with oversubscribed securities issue, when excessive deposits must be returned to investors who have are to receive fewer securities than they subscribed and paid deposits for.
Some refs:
Standard General Ledger - Document #4
(REVERSE ENTRY WHEN REDUCED.) 3045 DISPOSITION OF DEPOSIT FUNDS AND SUSPENSE ACCOUNTS
... Record excess of $200000 or 1% of estimated . amount of budgetary ... www.va.gov/publ/direc/finance/SGLHDBK9.htm
Kotak Mahindra
... through channels other than the Bank channels;(iv) any short/excess payment made to ... The credit for deposits will be available to the Customer on the ... www.kotak.com/Kotak_BankSite/tac/tac3.htm
Assets and Other Debits
Deposits with fiscal agents, such as commercial banks, for the payment of matured
... When the bonds are sold, a reverse entry would be made in the capital ... www.sao.state.ut.us/UAM/general/ic0801.htm
-------------------------------------------------- Note added at 15 mins (2005-12-10 00:07:26 GMT) --------------------------------------------------
spot the missing / (;-{)>
Dave Calderhead Netherlands Local time: 07:39 Works in field Native speaker of: English PRO pts in category: 32
Grading comment
Great Answer! Founded, accurate and fast, simply great, thanks!
The translation workplace 
