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intercos

English translation: intercompany (eliminations), intercompany transactions

16:36 Oct 12, 2008
French to English translations [PRO]
Bus/Financial - Accounting
French term or phrase: intercos
Le texte concerne un rapport de gestion d'un groupe.

"Eliminations intercos et sociétés non opérationnelles"
Le chiffre d'affaires et l'excédent brut d'exploitation sont considérés avant éliminations des intercos.
Birgitte Hoffmann
Denmark
Local time: 02:59
English translation:intercompany (eliminations), intercompany transactions
Explanation:
'intercompany eliminations' in the standard shorthand to use in the first instance in your text; use 'elimination of intercompany transactions' for the second, to explain the first.
'intercos' is almost certainly borrowed from English in the context. 'intra-groupe' is more common in uncontaminated French texts, and you can put 'intragroup' if you like. The meaning is the same.
It is not the 'accounts' that are eliminated, but the effects of the items in them *for the relevant accounting period*.
Selected response from:

rkillings
United States
Local time: 17:59
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1intercompany (eliminations), intercompany transactions
rkillings
4inter company balances, profits and losses
Jack Dunwell
4intercompany accounts
Subodh Jangid
2 +1intra-group flows
Jane RM


  

Answers


7 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
intra-group flows


Explanation:
just guessing, from this source

Le temps consacré au « cadrage » (identification, déclaration, réconciliation et résolution) des flux entre sociétés appartenant à un même groupe (« intercos ») qui doivent être éliminés pour l'établissement des comptes consolidés de gestion et statutaires doit être réduit.



    Reference: http://rfcomptable.grouperf.com/article/0300/ms/rfcompms0300...
Jane RM
France
Local time: 02:59
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
Notes to answerer
Asker: Thank you for your help. Birgitte

Asker: Thank you for your help. Birgitte


Peer comments on this answer (and responses from the answerer)
agree  Michael H G (X)
10 mins
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
inter company balances, profits and losses


Explanation:
The setting off of inter company balances, payables and receivables.

The elimination of internal profits/losses.

Jack Dunwell
France
Local time: 02:59
Native speaker of: Native in EnglishEnglish
PRO pts in category: 96
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
intercompany accounts


Explanation:
May be...

Subodh Jangid
India
Local time: 06:29
Native speaker of: Native in HindiHindi
Notes to answerer
Asker: Thank you for your help. Birgitte

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3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
intercompany (eliminations), intercompany transactions


Explanation:
'intercompany eliminations' in the standard shorthand to use in the first instance in your text; use 'elimination of intercompany transactions' for the second, to explain the first.
'intercos' is almost certainly borrowed from English in the context. 'intra-groupe' is more common in uncontaminated French texts, and you can put 'intragroup' if you like. The meaning is the same.
It is not the 'accounts' that are eliminated, but the effects of the items in them *for the relevant accounting period*.

rkillings
United States
Local time: 17:59
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 393

Peer comments on this answer (and responses from the answerer)
agree  Esther Lavedrine: Yes definitely. Transactions between subsidiaries of a given parent company are eliminated so that the amount is not taken into account in total turnover or sales.
19 hrs
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