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to net off

German translation: saldieren

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:to net off
German translation:saldieren
Entered by: Ines Lassnig
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12:26 Jan 9, 2008
English to German translations [PRO]
Bus/Financial - Accounting / IFRS
English term or phrase: to net off
Aus einer Anleitung, wie der IFRS 7 handzuhaben ist:

Assets held in foreign currency (e.g. bank accounts, cash, trade and other receivables etc.) should be shown as a positive number. Liabilities held in foreign currency (e.g. trade and other payables, loans, provisions, accruals etc) should be shown as a negative number. Positive and negative numbers can and should be *netted off*. The functional (local) currencies are listed down the left side and the foreign currencies are shown on the column headings to the right.

Heißt das hier einfach "gegeneinander aufrechnen"?

Vielen Dank im Voraus!
Ines Lassnig
Local time: 23:26
saldieren
Explanation:
Der Saldo ergibt das Wechselkursrisiko in der entsprechenden Währung.
Selected response from:

Michael Rose
Local time: 23:26
Grading comment
Vielen Dank!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3saldierenMichael Rose


  

Answers


51 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
saldieren


Explanation:
Der Saldo ergibt das Wechselkursrisiko in der entsprechenden Währung.

Michael Rose
Local time: 23:26
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 20
Grading comment
Vielen Dank!
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