Glossary entry

German term or phrase:

lfd. Verrechnungen

English translation:

intercompany settlements

Added to glossary by monbuckland
Feb 26, 2007 22:23
17 yrs ago
1 viewer *
German term

lfd. Verrechnungen

German to English Bus/Financial Accounting Financial statements
This comes under the heading of
"Verbindlichkeiten gegenüber verbundenen Unternehmen", which I reckon is "Libabilities to associated companies".
Proposed translations (English)
4 +2 intercompany settlements

Proposed translations

+2
32 mins
Selected

intercompany settlements

These are settlements (revenues and expenses) between the affiliated companies (not to be confused with associates/assoziierte Unternehmen)

Nota bene - When asking an accounting question, please always indicate the applicable accounting standards (IFRS, HGB, US-GAAP etc.) It does make a difference.
Peer comment(s):

agree Tim Jenkins
7 hrs
agree Jutta Scherer
9 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks for your answer and helpful comments"
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