Glossary entry (derived from question below)
English term or phrase:
as billable
Spanish translation:
según la facturación / basándose en la facturación
Added to glossary by
MPGS
Feb 7, 2005 09:00
19 yrs ago
English term
Degrees in Translation & English Studies
Native in: Spanish
Works in: English to Spanish, Catalan to Spanish, Spanish to English, and 1 more.
as billable
English to Spanish
Bus/Financial
Accounting
billing
Prior to recognizing revenue, XXX must have reason to believe the amount billed will be collected. If collection of the invoice is doubtful at the time of billing, revenue should be deferred and recognized only upon receipt.
The revenue recognition methods used by XXX in acordance with SAB 101 are:
- As billable
- Straight-line
Contracts that do not meet the separation criteria in EITF 00-21 will be accounted for under SAB 101. Such deliverable will follow the same accounting as the milestone method of percentage of completion accounting if non-refundable milestone billibgs exist, or construct/build costs will be deferred s described in XXX's Cost Deferral Policy.
(...)
As-Billable REvenue REcognition
REvenue is recognized as the services are billed to the customer or accrued in accordance with XXX policy, provided the four criteria of SAB 101 are met.
The revenue recognition methods used by XXX in acordance with SAB 101 are:
- As billable
- Straight-line
Contracts that do not meet the separation criteria in EITF 00-21 will be accounted for under SAB 101. Such deliverable will follow the same accounting as the milestone method of percentage of completion accounting if non-refundable milestone billibgs exist, or construct/build costs will be deferred s described in XXX's Cost Deferral Policy.
(...)
As-Billable REvenue REcognition
REvenue is recognized as the services are billed to the customer or accrued in accordance with XXX policy, provided the four criteria of SAB 101 are met.
Proposed translations
(Spanish)
| 4 | segun la facturación |
MPGS
|
| 5 +1 | facturable |
Estefanía González
|
Proposed translations
52 mins
Selected
segun la facturación
/ basándose en la facturación /
Ver:
"Interpretive Response: The staff believes that, provided all other revenue recognition criteria are met, service revenue should be recognized on a straight-line basis, unless evidence suggests that the revenue is earned or obligations are fulfilled in a different pattern, over the contractual term of the arrangement or the expected period during which those specified services will be performed,30 whichever is longer. In this case, the customer contracted for the on-going activity tracking service, not for the set-up activities. The staff notes that the customer could not, and would not, separately purchase the set-up services without the on-going services. The services specified in the arrangement are performed continuously over the contractual term of the arrangement (and any subsequent renewals). Therefore, the staff believes that Company A should recognize revenue on a straight-line basis, unless evidence suggests that the revenue is earned or obligations are fulfilled in a different pattern, over the contractual term of the arrangement or the expected period during which those specified services will be performed, whichever is longer."
(SAB 101)
Ver:
"Interpretive Response: The staff believes that, provided all other revenue recognition criteria are met, service revenue should be recognized on a straight-line basis, unless evidence suggests that the revenue is earned or obligations are fulfilled in a different pattern, over the contractual term of the arrangement or the expected period during which those specified services will be performed,30 whichever is longer. In this case, the customer contracted for the on-going activity tracking service, not for the set-up activities. The staff notes that the customer could not, and would not, separately purchase the set-up services without the on-going services. The services specified in the arrangement are performed continuously over the contractual term of the arrangement (and any subsequent renewals). Therefore, the staff believes that Company A should recognize revenue on a straight-line basis, unless evidence suggests that the revenue is earned or obligations are fulfilled in a different pattern, over the contractual term of the arrangement or the expected period during which those specified services will be performed, whichever is longer."
(SAB 101)
4 KudoZ points awarded for this answer.
Comment: "Gracias"
+1
6 mins
Estefanía González
United Kingdom
United Kingdom
Native in Spanish
United Kingdom
Translator for the fine arts and fashion
Native in: Spanish
Works in: English to Spanish, German to Spanish, French to Spanish, and 1 more.
facturable
Unas referencias:
Suerte!
Document 1
Subject Automation - Computer Science - Data Processing - Information Technology (AU)
Definition refers to activities the cost of which can be passed on to the principal
Reference Inf.wb.
(1)
TERM billable
Reference Inf.wb.
(1)
TERM facturable
BILLABLE are those costs and/or expenses that are covered under a contractual agreement between two entities that may be billed to the receiving entity.
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