Verbindlichkeiten/Verr.-Kto.

06:57 Jun 22, 2015
This question was closed without grading. Reason: Other

German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Verbindlichkeiten/Verr.-Kto.
Dear colleagues,

I've come accross this item in a breakdown of a balance sheet (HGB)

It is in "sonstige Verbindlichkeiten" section and followed by initials (initial letters of employees' names):

like: Verbindlichkeiten/Verr.-Kto. AB, MW

I would appreciate your suggestions
blue_roses


Summary of answers provided
5 +1accounts payable/settlement account
Claudia Hoffmann
4 +1Liabilities/netting account
Birgit Gläser


  

Answers


7 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
accounts payable/settlement account


Explanation:
accounts payable/settlement account

Claudia Hoffmann
Germany
Local time: 21:09
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 22

Peer comments on this answer (and responses from the answerer)
neutral  Birgit Gläser: na, mal wieder ins Blaue geraten?
3 hrs

agree  Henry Schroeder: Possible
5 hrs
Login to enter a peer comment (or grade)

3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Liabilities/netting account


Explanation:
On a balance sheet you will have assets and liabilities for Forderungen & Verbindlichkeiten. Also Verrechnung is usually netting whereas Abrechnung/Zahlung is settlement.

Of course you cann abbreviate to "netting acct"

Birgit Gläser
Germany
Local time: 21:09
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 60

Peer comments on this answer (and responses from the answerer)
agree  Henry Schroeder: Also possible
2 hrs
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