May 27, 2010 22:45
14 yrs ago
German term

Teilwertabschläge

German to English Bus/Financial Business/Commerce (general) Audit report
Context: inventory
Die Lifo-Abwertung betrug xxx. Demgegenüber stand ein Zuschlag in Höhe von xxx aufgrund von einbezogenen Teilwertabschlägen bei der Berechnung des Gruppendurchschnittspreises.

What kind of "Zuschlag" would this be in inventory valuation?
Proposed translations (English)
3 value discounts/value reductions

Proposed translations

16 hrs
Selected

value discounts/value reductions

When making an inventory, it is relatively common to reduce the value of stored items by a certain amount, since practically speaking, stock is usually not sold at full retail price overall (product age, get damaged, go bad, etc. before the stock is sold). I think this is what is meant here.
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4 KudoZ points awarded for this answer. Comment: "So the "fractional" can be omitted, I guess. Thanks for the help - too much inventorying for me!"
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