Ertragskontrolle

English translation: income reconciliation

22:01 Jun 16, 2015
German to English translations [PRO]
Finance (general)
German term or phrase: Ertragskontrolle
Mehr- oder Minderdifferenzen, welche sich durch Irrtümer oder gerechtfertigte Abzüge der Auftraggeber in der Ertragskontrolle herausstellen, kommen im Verhältnis der Ertragsverteilung zwischen den Parteien laufend zur Verrechnung

Deviations in quantity discovered during X which have resulted from errors or justified discounts on the part of clients shall be settled between the Parties based on the distribution of the X on a continuous basis

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I'm fairly stumped here and I know I'm not quite there with 'justified discounts' either.
scottmw90
Local time: 21:21
English translation:income reconciliation
Explanation:
Or revenue instead of income, or check/audit instead of reconciliation.

I don't think it really matters what you call it - it's some kind of check to make sure that both parties are getting the amounts due to them.

The "Differenzen" appear to relate to amounts of money, not quantities. And the Ertragsverteilung is an income distribution, presumably under a profit-sharing agreement.

The "gerechtfertigte Abzüge" are justified discounts taken by customers, perhaps for early payment.
Selected response from:

philgoddard
United States
Grading comment
Thanks a lot!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1income reconciliation
philgoddard


  

Answers


47 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
income reconciliation


Explanation:
Or revenue instead of income, or check/audit instead of reconciliation.

I don't think it really matters what you call it - it's some kind of check to make sure that both parties are getting the amounts due to them.

The "Differenzen" appear to relate to amounts of money, not quantities. And the Ertragsverteilung is an income distribution, presumably under a profit-sharing agreement.

The "gerechtfertigte Abzüge" are justified discounts taken by customers, perhaps for early payment.

philgoddard
United States
Specializes in field
Native speaker of: English
PRO pts in category: 205
Grading comment
Thanks a lot!

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