Sep 24, 2009 23:02
14 yrs ago
French term

La Comptabilité en Partie Simple

French to English Bus/Financial Accounting
"La Comptabilité en Partie Simple" is listed as a type of journal, as different than "La Comptabilité en Partie Double." My first guess of single entry and double entry bookkeeping does not seem to fit. The terms seem similar to Journal entries (Simple) as opposed to Ledger entries (Double) in American bookkeeping, but as there is also a French term for journal, that also seems wrong. I am looking for an American English translation.
Proposed translations (English)
5 Single-entry (accounting) system

Proposed translations

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Single-entry (accounting) system

There are some common methods of bookkeeping such as the Single-entry bookkeeping system and the Double-entry bookkeeping system.

Single-entry (accounting) system
The primary bookkeeping record in single-entry bookkeeping is the cash book, which is similar to a checking (chequing) account register but allocates the income and expenses to various income and expense accounts.

Single account bookkeeping
Simple bookkeeping for individuals and families involves recording income, expenses, and current balance in a cash record book or a checking account register.

Double-entry bookkeeping system ensures the integrity of the financial values recorded in a financial accounting system. It does this by ensuring that each individual transaction is recorded in at least two different nominal ledgers (sections) of the financial accounting system and so implementing a double checking system for every transaction. It does this by first identifying values as either a Debit or a Credit value. A Debit value will always be recorded on the debit side (left hand side) of a nominal ledger account and the credit value will be recorded on the credit side (right hand side) of a nominal ledger account. A nominal ledger has both a Debit (left) side and a Credit (right) side. If the values on the debit side are greater than the value of the the credit side of the nominal ledger then that nominal ledger is said to have a debit balance.

Note from asker:
I am not sure if my question would have been more clear if I had added more context, but they are certainly using the term in a different way than I ever saw in my 12 years of work in the field.
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1 KudoZ points awarded for this answer. Comment: "Thanks. In this case I used single entry bookkeeping, which seems to be the standard American translation of the term although in this case, the entity is using it as a subset of an individualized accounting system for a non profit."
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