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Russian to English translations [PRO]
Bus/Financial - Accounting | | Russian term or phrase: задолженность перед персоналом организации | Hello
This is also a heading on a balance sheet. Is there a standard way of translating it?
Thanks |
| | | salaries and wages accrued | Explanation:
as comes under Accounts Payable
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Note added at 7 days (2009-01-21 20:53:38 GMT)
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Accrued Salaries and Wages Payable
On second thought, let me make a correction - Salaries and Wages Accrued is not exactly what is meant here. Salaries and Wages is a good equivalent for the Russian statutory account No. 70 - Счет №70 "Расчеты с персоналом по оплате труда". But according to the "Инструкция по применению плана счетов бухгалтерского учета..." as approved by the Russian Ministry of Finance, "начисленные, но не выплаченные в установленный срок суммы отражаются по дебету счета 70 "Расчеты с персоналом по оплате труда". However, the same account is debited to record witholding taxes: "По дебету счета 70 "Расчеты с персоналом по оплате труда" отражаются выплаченные суммы оплаты труда, премий, пособий, пенсий и т.п., доходов от участия в капитале организации, а также суммы начисленных налогов, платежей по исполнительным документам и других удержаний".
Zoryana's reference comes helpful here: "Amounts owed to employees for work performed are recorded separately from accounts payable. Expense accounts such as salaries or wages expense are used to record an employee's gross earnings and a liability account such as salaries payable, wages payable, or accrued wages payable is used to record the net pay obligation to employees. Additional payroll-related liabilities include amounts owed to third parties for any amounts withheld from the gross earnings of each employee and the payroll taxes owed by the employer."
So, I would think that Accrued Salaries and Wages Payable should be the right term here.
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Note added at 7 days (2009-01-21 21:19:34 GMT)
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The Payroll Liabilities account tracks taxes and benefits that are deducted from employees' paychecks and held temporarily until they are paid to the government or a designated bank.
http://extension.missouri.edu/acctmanual/Payroll/Pay_Payroll...
Under the accrual basis of accounting, unpaid wages that have been earned by employees should be entered as 1) Wages Expense and 2) Wages Payable or Accrued Wages Payable.
http://blog.accountingcoach.com/unpaid-wages/ |
| Selected response from:
  Evgeny Elshov
Russian Federation
Local time: 15:46
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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7 mins confidence:  
14 mins confidence:
24 mins confidence:
10 hrs confidence:
9 mins confidence: peer agreement (net): +1 salaries and wages accrued
Explanation:
as comes under Accounts Payable
--------------------------------------------------
Note added at 7 days (2009-01-21 20:53:38 GMT)
--------------------------------------------------
Accrued Salaries and Wages Payable
On second thought, let me make a correction - Salaries and Wages Accrued is not exactly what is meant here. Salaries and Wages is a good equivalent for the Russian statutory account No. 70 - Счет №70 "Расчеты с персоналом по оплате труда". But according to the "Инструкция по применению плана счетов бухгалтерского учета..." as approved by the Russian Ministry of Finance, "начисленные, но не выплаченные в установленный срок суммы отражаются по дебету счета 70 "Расчеты с персоналом по оплате труда". However, the same account is debited to record witholding taxes: "По дебету счета 70 "Расчеты с персоналом по оплате труда" отражаются выплаченные суммы оплаты труда, премий, пособий, пенсий и т.п., доходов от участия в капитале организации, а также суммы начисленных налогов, платежей по исполнительным документам и других удержаний".
Zoryana's reference comes helpful here: "Amounts owed to employees for work performed are recorded separately from accounts payable. Expense accounts such as salaries or wages expense are used to record an employee's gross earnings and a liability account such as salaries payable, wages payable, or accrued wages payable is used to record the net pay obligation to employees. Additional payroll-related liabilities include amounts owed to third parties for any amounts withheld from the gross earnings of each employee and the payroll taxes owed by the employer."
So, I would think that Accrued Salaries and Wages Payable should be the right term here.
--------------------------------------------------
Note added at 7 days (2009-01-21 21:19:34 GMT)
--------------------------------------------------
The Payroll Liabilities account tracks taxes and benefits that are deducted from employees' paychecks and held temporarily until they are paid to the government or a designated bank.
http://extension.missouri.edu/acctmanual/Payroll/Pay_Payroll...
Under the accrual basis of accounting, unpaid wages that have been earned by employees should be entered as 1) Wages Expense and 2) Wages Payable or Accrued Wages Payable.
http://blog.accountingcoach.com/unpaid-wages/
| Evgeny Elshov
Russian Federation
Local time: 15:46
Specializes in field
Native speaker of:  Russian
PRO pts in category: 22
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| Changes made by editors |
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| May 10, 2009 - Changes made by Evgeny Elshov: | | Created KOG entry | KudoZ term => KOG term |
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The translation workplace 
