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Abschlussrhythmus VU

English translation: frequency of account balancing; or frequency of statement


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Abschlussrhythmus VU
English translation:frequency of account balancing; or frequency of statement
Entered by: tanaudel
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05:44 Aug 19, 2007
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Abschlussrhythmus VU
This is from a computer generated Commerzbank bank statement and forms, and the context is as follows:

"Abschlussrhythmus VU Abschlussart 5 Zinsrechenmethode DEUTSCH"

I have not been able to find a translation of the term, but it seems to refer (perhaps) to the frequency of statements or perhaps when/if interest is compounded.

Does anyone have a translation for "Abschlussrhythmus" and/or know what "VU" is an abbreviation for in this context?

Thankyou.
tanaudel
Local time: 12:13
frequency of account balancing
Explanation:

http://help.sap.com/saphelp_nw04s/helpdata/en/30/46b367c925d...

I think he is talking about the transactions that take place during the period under question. It also covers "interest calculation" for the said period. In addition, there could be other transactions..

Your suggestion "frequency of statement" can also work
Selected response from:

Raghunathan
Local time: 07:43
Grading comment
Thankyou - I think this broader translation is best in the circumstances
4 KudoZ points were awarded for this answer



Summary of answers provided
3frequency of account balancing
Raghunathan
2frequency of interest calculationcasper


  

Answers


1 hr   confidence: Answerer confidence 2/5Answerer confidence 2/5
Abschlussrhythmus
frequency of interest calculation


Explanation:
Abschluss: Zeitraum, für den Zinsen und Gebühren ermittelt werden.
Die Größe der Abschlussperiode wird durch den ***Abschlussrhythmus***, der am Vertrag eingestellt werden kann, bestimmt. Der letzte Tag einer Abschlussperiode bestimmt automatisch den ersten Tag der Folgeperiode.
http://help.sap.com/saphelp_glossary/de/34/e173019279074eb05...


Google for:
"frequency of interest calculation"


I don't know what "VU" stands for.

casper
Native speaker of: Native in EnglishEnglish
PRO pts in category: 79
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2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
frequency of account balancing


Explanation:

http://help.sap.com/saphelp_nw04s/helpdata/en/30/46b367c925d...

I think he is talking about the transactions that take place during the period under question. It also covers "interest calculation" for the said period. In addition, there could be other transactions..

Your suggestion "frequency of statement" can also work

Raghunathan
Local time: 07:43
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 88
Grading comment
Thankyou - I think this broader translation is best in the circumstances
Login to enter a peer comment (or grade)




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