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Umsätze werden ertragswirksam vereinnahmt

English translation: revenues.. are credited to earnings ...

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16:35 Mar 29, 2001
German to English translations [PRO]
Bus/Financial - Accounting
German term or phrase: Umsätze werden ertragswirksam vereinnahmt
Umsätze aus Dienstleistungskontrakten werden in dem Geschäftsjahr ertragswirksam vereinnahmt, in dem die entsprechenden Dienstleistungen erbracht werden
Marcus Malabad
Canada
Local time: 11:22
English translation:revenues.. are credited to earnings ...
Explanation:
Revenues from service contracts are credited to earnings in the same fiscal year in which the services are performed.

Zahn Finanzsprache: ertragswirksam verbuchen: "to credit to earnings, to recognise in current earnings, to include in the operating profit" and verinnahmen: 4.(verbuchen) "to recognise, to record"
Selected response from:

Leslie Nelman
Local time: 02:22
Grading comment
2 KudoZ points were awarded for this answer

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Summary of answers provided
naSales revenue from contract services will be effective
Madeleine van Zanten
naSales from sevices are recognized as...
Andy Lemminger
narevenues.. are credited to earnings ...Leslie Nelman
naSales will be earned according to proceedsAstrid Bidanec
naSee explanation ...gwolf


  

Answers


55 mins
See explanation ...


Explanation:
This refers to accrual based accounting:

See how something like this fits your bill ...

Earnings from sales for service contracts are income in the year in which the services are performed.

Hope it helps.


    Personal connection to a CPA Accountant
gwolf
Local time: 05:22
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 3
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56 mins
Sales will be earned according to proceeds


Explanation:
Sales from the service business contracts will be earned according to proceeds in the same business year by offering the service.


    Langenscheidts Universal Woerterbuch
Astrid Bidanec

Peer comments on this answer (and responses from the answerer)
gwolf
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6 hrs
revenues.. are credited to earnings ...


Explanation:
Revenues from service contracts are credited to earnings in the same fiscal year in which the services are performed.

Zahn Finanzsprache: ertragswirksam verbuchen: "to credit to earnings, to recognise in current earnings, to include in the operating profit" and verinnahmen: 4.(verbuchen) "to recognise, to record"


    Zahn Finanzsprache/Language of Finance (CD-ROM
    also education and experience in financial accounting
Leslie Nelman
Local time: 02:22
Native speaker of: Native in EnglishEnglish
PRO pts in category: 2
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6 hrs
Sales from sevices are recognized as...


Explanation:
...income in the accounting period in which they were performed.


    own work-experience as public accountant
Andy Lemminger
Canada
Local time: 03:22
Specializes in field
Native speaker of: German
PRO pts in category: 65
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10 hrs
Sales revenue from contract services will be effective


Explanation:
according to the year of providing those services

Madeleine van Zanten
Switzerland
Local time: 11:22
Native speaker of: Native in FrenchFrench
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Changes made by editors
Jun 4, 2008 - Changes made by Steffen Walter:
Field (specific)(none) » Accounting


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