Glossary entry (derived from question below)
Italian term or phrase:
margine di commessa
English translation:
profit on the order/project
Added to glossary by
James (Jim) Davis
Jan 22, 2010 10:50
14 yrs ago
11 viewers *
Italian term
margine di commessa
Italian to English
Bus/Financial
Accounting
notes to financial statements
How I hate financial translations ;) Can anyone help with this term please?
I lavori in corso di esecuzione sono iscritti in base al:
- criterio della percentuale di completamento o dello stato di avanzamento: i costi, i ricavi e il margine di commessa vengono riconosciuti in funzione dell'avanzamento dell'attività produttiva
I lavori in corso di esecuzione sono iscritti in base al:
- criterio della percentuale di completamento o dello stato di avanzamento: i costi, i ricavi e il margine di commessa vengono riconosciuti in funzione dell'avanzamento dell'attività produttiva
Proposed translations
(English)
| 4 | profit on the order/project |
James (Jim) Davis
|
| 4 | Project margin |
CristinaMB
|
| 3 | profit |
Being Earnest
|
Change log
Jan 27, 2010 08:29: James (Jim) Davis Created KOG entry
Proposed translations
15 mins
James (Jim) Davis
Seychelles
Seychelles
Native in English
Specializes in field
Seychelles
25 years experience constantly improving
Native in: English (Variant: British) 
Works in: Italian to English
Related KudoZ points
:
1431
Selected
profit on the order/project
If a company provides services under a long term contract, it is accounted for on the basis of the work performed so far (at the balance sheet date) so the income is calculated on the basis of the percentage of the work done. However, this income is normally calculated and recognised in the accounts only on the basis of costs (not including the profit), until cash is actually received for the work done, when the profit is recognised.
http://www.unibg.it/dati/corsi/90002/35566-LEZIONE 10 (azien...
RICAVI DI COMMESSA –COSTI DIRETTI DI COMMESSA = MARGINE DI COMMESSA
http://www.unibg.it/dati/corsi/90002/35566-LEZIONE 10 (azien...
RICAVI DI COMMESSA –COSTI DIRETTI DI COMMESSA = MARGINE DI COMMESSA
4 KudoZ points awarded for this answer.
Comment: "Many thanks for the answer and explanation"
11 mins
profit
maringe intended as the different between cost and realsiation price = profit
56 mins
Project margin
"Margin" is more appropriate in accounting/financial jargon: it is calculated deducting project direct costs from total project revenues.
General or overall company costs deducted from this margin identify profits.
General or overall company costs deducted from this margin identify profits.
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