German: AbgangsfiktionEnglish translation: Disposal is assumed 
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German to English translations [PRO]
Bus/Financial - Accounting / low-value assets | | German term or phrase: Abgangsfiktion | In notes (HGB):
Wirtschaftsgüter mit einem Anschaffungswert von unter 410,00 Euro ohne Umsatzsteuer (Geringwertige Wirtschaftsgüter) wurden im Zugangsjahr sofort abgeschrieben. Für den Anlagespiegel wird die Abgangsfiktion unterstellt.
I think I may have found an explanation on the Web but is there a translation for Abgangsfiktion? |
| | Clarification request(s) and response
| | Disposal is assumed | Explanation:
Hola Niamh!
It just means that, even though the asset may well remain in the company, the accounting assumes that it has been disposed of.
HTH
Alison |
| Selected response from:
 Alison Riddell
Germany
| Note from asker to answererThanks very much to both of you!
4 KudoZ points were awarded for this answer |
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9 mins confidence:  peer agreement (net): +1 |
| Disposal is assumed
Explanation:
Hola Niamh!
It just means that, even though the asset may well remain in the company, the accounting assumes that it has been disposed of.
HTH
Alison
| Alison Riddell
Germany
Specializes in field
Native speaker of:  English
PRO pts in category: 286
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| Note from asker to answerer| Thanks very much to both of you! |
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The translation workplace 
