19:51 Dec 3, 2014 |
German to English translations [PRO] Bus/Financial - Accounting / Regulierungsbrief - Central Claims Settlement Letter | |||||||
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| Selected response from: Maria S. Loose, LL.M. Belgium Local time: 13:35 | ||||||
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3 +1 | entry not impacting the purchase/sales accounts |
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entry not impacting the purchase/sales accounts Explanation: self-explanatory -------------------------------------------------- Note added at 47 mins (2014-12-03 20:39:27 GMT) -------------------------------------------------- Please read "purchases/sales accounts" -------------------------------------------------- Note added at 2 hrs (2014-12-03 22:35:48 GMT) -------------------------------------------------- Well, it's an accounting entry which does not impact the purchases/sales accounts or the goods accounts. An example would be a trader selling part of his fixed assets (e.g. a motor vehicle) against cash. This transaction would not impact the purchases/sales accounts but only the fixed assets and the cash accounts. In German this is called warenneutrale Buchung. |
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