GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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11:11 Nov 8, 2012 |
Italian to English translations [PRO] Economics | |||||
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| Selected response from: paoladt (X) Local time: 16:36 | ||||
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Summary of answers provided | ||||
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4 +1 | VAT treasury account |
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4 +1 | VAT account |
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4 -2 | VAT credits |
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Discussion entries: 1 | |
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VAT treasury account Explanation: That's how I'd say it Hth |
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VAT account Explanation: http://www.hmrc.gov.uk/vat/managing/returns-accounts/account... -------------------------------------------------- Note added at 19 ore (2012-11-09 06:24:07 GMT) -------------------------------------------------- potresti anche dire "VAT settlement account" per maggiore chiarezza (ci sono delle occorrenze in rete, se controlli) |
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VAT credits Explanation: This amount here will be the amount owed by the tax authorities (erario) to the company, because it has paid too much in advance (or something), while the others are vat on purchases and the compensation and refund amounts. It is sufficient to say "credits" -------------------------------------------------- Note added at 20 hrs (2012-11-09 07:28:38 GMT) -------------------------------------------------- Hi Paola, I considered that but if you look down the list they are all credit accounts. There is no VAT sales here. You also have all acconti accounts, which will all be credit accounts. There will probably be another two IVA conto erario accounts, one for a debit and one which takes the balance. Just as we see here a credito IRES and a Credito IRAP account, which will also have corresponding debit and balance accounts. Over to you. |
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