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закрывается отражением

English translation: closed by means of a posting


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Russian term or phrase:закрывается отражением
English translation:closed by means of a posting
Entered by: LeBras
Options:
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21:10 Apr 26, 2002
Russian to English translations [PRO]
Bus/Financial - Accounting / Accounting
Russian term or phrase: закрывается отражением
Its "закрывается отражением" that I am having trouble with.
I found it in a text about accounting regulations.
Here is the complete phrase:
по технике их бухгалтерского учета позиция закрывается отражением по доходам будущих периодов данной операции также в иностранной валюте.
LeBras
answer below
Explanation:
"...in compliance with their accounting policies, the line item is closed by means of a posting under future revenues of the given transaction in foreign currency as well."

(you may want to play around with word order, but the meaning is that the foreign currency value of the transaction is posted on the line - under future revenues - and this action closes the item)
Selected response from:

Marcus Malabad
Canada
Local time: 07:45
Grading comment
Thank you. Very complete explanation.
3 KudoZ points were awarded for this answer



Summary of answers provided
4 +1answer below
Marcus Malabad
5closed by posting ... to a deferred revenues accountHalyna


  

Answers


36 mins   confidence: Answerer confidence 5/5
closed by posting ... to a deferred revenues account


Explanation:
To close an account (a position) is a standard term in accounting, and usually operations over numbers in accounting transactions are referred to as "posting".

Halyna
Specializes in field
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41 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
answer below


Explanation:
"...in compliance with their accounting policies, the line item is closed by means of a posting under future revenues of the given transaction in foreign currency as well."

(you may want to play around with word order, but the meaning is that the foreign currency value of the transaction is posted on the line - under future revenues - and this action closes the item)

Marcus Malabad
Canada
Local time: 07:45
Works in field
Native speaker of: Native in EnglishEnglish, Native in TagalogTagalog
PRO pts in category: 3
Grading comment
Thank you. Very complete explanation.

Peer comments on this answer (and responses from the answerer)
agree  IgorD
7 hrs
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