Glossary entry

German term or phrase:

Rechnungsabstriche

English translation:

invoice deductions

Added to glossary by Daniel Gerke
Feb 25, 2007 02:06
17 yrs ago
1 viewer *
German term

Rechnungsabstriche

German to English Bus/Financial Construction / Civil Engineering
From a summary of accounting for a construction project, under the heading "Zusätzliche Erlöse gegenüber Auftraggeber"

It talks about an evaluation of the Rechnungsabstriche resulting in corrections to the value of an order.

One line says:
"300.000 sind zusätzlich in den Erlösen für ungerechtfertigte Abstrichen aktiviert"

Any help with phrasing of this would be great as well.

The best I have so far:
300,000 (euro) was capitalized / carried as assets in the revenue for unjustified Abstriche"

Some dictionaries say "deduction" for Abstrich, but the accounting is not tax-related. Could it be "rounding down"? Or does it refer to items that were inappropriately stricken?
Proposed translations (English)
4 +1 invoice deductions

Proposed translations

+1
47 mins
Selected

invoice deductions

Invoice deductions have become a significant cost of of business for suppliers selling to retail chains. Learn how to prepare for and manage deductions that ...
www.specialtyfood.com/do/educationalResources/ViewItem?id=6... - 18k - Cached - Similar pages
Peer comment(s):

agree Tim Jenkins
6 hrs
thanks Tim :)
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks for the help."
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