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Italian to English translations [PRO]
Bus/Financial - Accounting | | Italian term or phrase: conto di corrispondenza debito/credito | Da una nota integrativa ad un bilancio:
"Nella voce Altre Riserve è presente:
- la “Riserva da stabile organizzazione”, iscritta per € - 82.895 e costituita dalla differenza cambi generatasi in fase di acquisizione dei saldi contabili dei conti di corrispondenza “debito/credito” tra la sede e la filiale Kazaka; il saldo si è decrementato per € 568.503 a causa delle variazioni dell’andamento del tasso di cambio tra Euro, Dollaro, Tenge e Lira sterlina nel corso del 2008" |
| | | debit/credit transactions | Explanation:
these are what we call "intercompany" transactions
so it would be the reporting of intercompany sales, debit/credit transaction activities
"fixed corporate reserve account" balance of Euro -82.895 represents/reflects currency exchange rate variance (fluctuations) reported for sales, debit and credit transactions between the parent company and its subsidiary (Kazakaz)
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  rfmoon
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