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Rechnungsgegenwerte

English translation: creditable invoices

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Rechnungsgegenwerte
English translation:creditable invoices
Entered by: Ted Wozniak

23:10 Dec 3, 2014
German to English translations [PRO]
Bus/Financial - Accounting / Regulierungsbrief - Central Claims Settlement Letter
German term or phrase: Rechnungsgegenwerte
Zahlungen
Wir überweisen die fälligen Beträge auf Ihr Bankkonto.
Bitte geben Sie uns die Änderungen Ihrer Bankverbindung rechtzeitig bekannt.

Gutschriften
***Die Verrechnung von Gutschriften kann unabhängig der Fälligkeit erst erfolgen, wenn ausreichende Rechnungsgegenwerte vorliegen oder wenn der Gegenwert in Guthaben vorliegt***.

I do not understand this sentence.

Thank you.

Best regards,

Sebastian Witte
Sebastian Witte
Germany
Local time: 13:32
creditable invoices
Explanation:
Credit memos can only be credited (to the debtor's account) if there are sufficient invoices (owed by the debtor) against which the credit memos can be offset. Example, I order 1000 widgets for EUR 1,000 on credit. I return 300 as defective and get a EUR 300 credit. I have an invoice payable for EUR 1,000 and can be credited EUR 300 for the returned merchandise.

The last part says or if there is a sufficient debit balance in the account (against which the credit memos can be posted.

Bottom line is they will not allow the existence of any accounts receivable with credit balances (kreditorische Debitoren). There must be sufficient debits (amounts due from the customer) against which the credit memos can be offset.
Selected response from:

Ted Wozniak
United States
Local time: 06:32
Grading comment
I appreciate the in-depth attempt at getting to the bottom of things, Ted.
4 KudoZ points were awarded for this answer



Summary of answers provided
4accounting counter values
Charlesp
4creditable invoices
Ted Wozniak


  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
accounting counter values


Explanation:
It looks like "accounting counter values" to me. (I would say values rather than amounts).

Charlesp
Sweden
Local time: 13:32
Does not meet criteria
Specializes in field
Native speaker of: English
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16 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
creditable invoices


Explanation:
Credit memos can only be credited (to the debtor's account) if there are sufficient invoices (owed by the debtor) against which the credit memos can be offset. Example, I order 1000 widgets for EUR 1,000 on credit. I return 300 as defective and get a EUR 300 credit. I have an invoice payable for EUR 1,000 and can be credited EUR 300 for the returned merchandise.

The last part says or if there is a sufficient debit balance in the account (against which the credit memos can be posted.

Bottom line is they will not allow the existence of any accounts receivable with credit balances (kreditorische Debitoren). There must be sufficient debits (amounts due from the customer) against which the credit memos can be offset.

Ted Wozniak
United States
Local time: 06:32
Meets criteria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 762
Grading comment
I appreciate the in-depth attempt at getting to the bottom of things, Ted.
Notes to answerer
Asker: Thanks very much, Ted.

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