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Streitverkündete

Glossary entry

German term or phrase:

Verrechnung

English translation:

allocation

Added to glossary by DFTS (X)
Nov 19, 2009 19:42
15 yrs ago
5 viewers *
German term

Verrechnung

German to English Bus/Financial Accounting
The rest of the sentence is as follows: Durchführung der Verrechnungen innerhalb der Konzerngesellschaften

I can't put my finger on which translation of Verrechnung fits here. Help appreciated.
Proposed translations (English)
4 +2 allocation
3 +2 Offsetting ...

Proposed translations

+2
1 hr
Selected

allocation

allocation to the subsidiaries
Peer comment(s):
neutral Kim Metzger : How did you get 'allocation'?
1 hr
The allocation of overhead to subsidiaries, for example. Unfortunately the context does not tell us what the "Verrechnung" applies to in this case.
agree Michele Gile : SAP uses this wording. The cost module and some would say Soll = Ist verrechnung allocating target costs as actual cost. Verrechnungskostenart = allocation cost element
6 hrs
agree RobinB : This is probably correct, but very difficult given the almost total lack of context. Kim: Konzernverrechnungen are "intragroup/intercompany allocations".
15 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "I think both answers conveyed the idea properly in the German text, but I like the sound of this one better. It works well. Thanks."
+2
13 mins

Offsetting ...

...of intercompany accounts within the group
Peer comment(s):
agree philgoddard
1 hr
agree Rolf Keiser
15 hrs
Something went wrong...
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