Glossary entry

English term or phrase:

GN

English answer:

generation / generating

Added to glossary by Tony M
Jun 5, 2016 21:12
7 yrs ago
English term

GN

English Bus/Financial Accounting cost accounting manual
Generation
This activity reports figures of the generation activity, by having excluded any E&C unit, moved to specific B09 task. It includes 5 sub tasks.

B0301 - GN Plant Maintenance
This item reports ONLY plant Maintenance costs.
B0302 - GN Plant Operation
This item reports plant Operation costs.
B0303 - GN Plant Development
Asset Under Construction or plant extensions should be accounted on this value chain.
Change log

Jun 7, 2016 18:23: Tony M Created KOG entry

Discussion

Vertrad (asker) Jun 6, 2016:
Thank you all for your time and wisdom!
TonyTK Jun 6, 2016:
@ Tony M Yes, you have a point. Mea culpa. (But I still reckon the English is pretty dodgy ...)
Tony M Jun 6, 2016:
@ Asker That's really a technical question outside the scope of this forum about terminology — you ought to research the tax regulations in the relevant country (which you haven't told us about!)

My totally non-expert guess would be, from a purely linguistic standpoint, that a tax is levied on power generation (assuming that's what your document is talking about!) and that the way this tax is calculated is based on the revenue obtained from selling the power — seems entirely logical to me, since the revenue is the easiest thing to actually measure and account for, and the taxt could be calculated as (say) a simple % of it.
Vertrad (asker) Jun 6, 2016:
@ Tony M Tony, I need also to clarify a GN-related issue, please: plant operation cost and generation taxes on revenues and on production will be recorded in account X. Generation tax means something like 'production tax'? Why 'on revenues' then? Thanks!!!
Tony M Jun 6, 2016:
@ TonyTK That is in fact what I already said several hours ago, if you'd care to read my answer below.

To be honest, I personally don't find the EN "very poor" at all — at first reading, there seems to be something slightly awry with the introductory sentence, but even that might be explained by surrounding context.
TonyTK Jun 6, 2016:
It's probably just ... ... shorthand for "Generation" (as all the "sub tasks" are "generation sub-tasks"). The English is very poor.

Responses

+2
16 mins
Selected

generation / generating

Is this anything to do with generating ELECTRICITY, for example? You seem to have 'GN plant', which makes me think of 'generating plant', IF that fits the context?
Note from asker:
Yes, you are wise! THANKS
Peer comment(s):

agree B D Finch : Looks probable enough for an "agree". I think the English is fine if one is familiar with business-speak.
14 hrs
Thanks, B! Yes, especially with Asker's subsidiary question (above); and as you say, that was rather my feeling, about this being simply 'business English', apart from using 'of' (instead of 'for') and 'by having excluded'; but surroundings may explain.
agree Harry Crawford
1 day 6 hrs
Thanks, Harry!
Something went wrong...
4 KudoZ points awarded for this answer.
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search