Centralisation des lignes

English translation: centralis(z)ation of (journal) entries

12:29 Nov 10, 2023
French to English translations [PRO]
Bus/Financial - Accounting
French term or phrase: Centralisation des lignes
Hello all,
Another entry from a company's accounts, this page entitled Édition Grand-livre. Have shown the following entries for context. Have come across "cash-pooling" but not sure whether it's right. Grateful for any help.
Centralisation des lignes
Ecritures lettrées et non lettrées
Contreparties de....
à.....
Anne Greaves
United Kingdom
Local time: 23:14
English translation:centralis(z)ation of (journal) entries
Explanation:
entry = ligne comptable

ledger = Grand-livre

A journal entry is the act of keeping or making records of any transaction Transactions are listed in an accounting journal that shows a company's debit and credit balances.

Source: Wikipedia 


Journal Entry Best Practices

A few best practices related to journal entries must be followed for better monitoring of financial transactions. Here is a list of some techniques:

Use a workflow to review and approve journal entries before posting to general ledger accounts.

Ensure appropriate individuals are involved in the process of approving the journal entries to avoid fraud and error in finances.

Use a CENTRALISED LOCATION TO KEEP ALL THE JOURNAL ENTRIES; this will make it easier to approve and track records whenever required.

Establish an audit trail that will be beneficial to find any discrepancies in the journal entries.

Provide clear and transparent guidelines to individuals approving the journal entries to negate inconsistency in the result.

Train employees on using a journal entry system to save time and complete work efficiently.





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Note added at 3 days 7 hrs (2023-11-13 20:25:31 GMT)
--------------------------------------------------

In the United States, the government budget is made up of line items, which are in fact entries in the accounting sense.
Selected response from:

Francois Boye
United States
Local time: 18:14
Grading comment
Thanks for your help!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1Centralization of records
MassimoA
4centralis(z)ation of (journal) entries
Francois Boye
4 -1Centralisation de trésorerie
Liliane NJOH
Summary of reference entries provided
Centralisation/agrégation de lignes
mchd

  

Answers


8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Centralization of records


Explanation:
I'm not sure if we're talking about income or expenses, I think "lignes" refers to "Ecritures", as in the next line.

MassimoA
Italy
Local time: 00:14
Native speaker of: Native in ItalianItalian
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
neutral  Francois Boye: Record is not what they call 'a ligne comptable' in French.
1 day 6 hrs

agree  SafeTex: "Accounting records" gets 7.6 million hits
1 day 20 hrs
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1 day 8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
Centralisation de trésorerie


Explanation:
Cash-pooling is an instrument used to optimise corporate accounts. Companies typically use a number of current accounts and cash-pooling gives them the opportunity to consolidate these bank accounts into a ‘master account’ and accrue interest on a daily basis as a whole

Example sentence(s):
  • Furthermore, UNHCR did not put cash pooling agreements in place, either for headquarters or for field accounts.

    Reference: http://https://www.l-expert-comptable.com/a/532206-cash-pool...
    Reference: http://https://context.reverso.net/translation/english-frenc...
Liliane NJOH
Cameroon
Local time: 23:14
Works in field
Native speaker of: Native in FrenchFrench, Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
disagree  Francois Boye: Your translation is not into English
7 hrs
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
centralis(z)ation of (journal) entries


Explanation:
entry = ligne comptable

ledger = Grand-livre

A journal entry is the act of keeping or making records of any transaction Transactions are listed in an accounting journal that shows a company's debit and credit balances.

Source: Wikipedia 


Journal Entry Best Practices

A few best practices related to journal entries must be followed for better monitoring of financial transactions. Here is a list of some techniques:

Use a workflow to review and approve journal entries before posting to general ledger accounts.

Ensure appropriate individuals are involved in the process of approving the journal entries to avoid fraud and error in finances.

Use a CENTRALISED LOCATION TO KEEP ALL THE JOURNAL ENTRIES; this will make it easier to approve and track records whenever required.

Establish an audit trail that will be beneficial to find any discrepancies in the journal entries.

Provide clear and transparent guidelines to individuals approving the journal entries to negate inconsistency in the result.

Train employees on using a journal entry system to save time and complete work efficiently.





--------------------------------------------------
Note added at 3 days 7 hrs (2023-11-13 20:25:31 GMT)
--------------------------------------------------

In the United States, the government budget is made up of line items, which are in fact entries in the accounting sense.

Francois Boye
United States
Local time: 18:14
Native speaker of: Native in FrenchFrench
PRO pts in category: 150
Grading comment
Thanks for your help!
Login to enter a peer comment (or grade)




Reference comments


1 hr peer agreement (net): +2
Reference: Centralisation/agrégation de lignes

Reference information:
Explications :
https://help.expert.conciliator.ai/fr/articles/3786783-agreg...

mchd
France
Native speaker of: French
PRO pts in category: 4
Note to reference poster
Asker: Thanks mchd!


Peer comments on this reference comment (and responses from the reference poster)
agree  philgoddard: You should post 'aggregation' as an answer.
1 hr
agree  writeaway
10 hrs
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