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  3. Accounting

record collections

German translation: Verbuchung von Inkassi/Forderungseinzügen

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:record collections
German translation:Verbuchung von Inkassi/Forderungseinzügen
Entered by: Silvia M.

15:55 May 29, 2013
English to German translations [PRO]
Bus/Financial - Accounting
English term or phrase: record collections
During the review of the customer accounts, we observed a trend where entries were passed at the period end to
record collections. These entries were reversed in the beginning of the subsequent month. Such entries were passed
by mentioning “CIH" in the “external document” field in the accounting system
► This indicates that these cheques were not deposited in the bank for collection, however entries were passed to
misrepresent the AR balances
Silvia M.
Germany
Local time: 18:59
Verbuchung von Inkassi/Forderungseinzügen
Explanation:
collection - Inkasso/Einzug (von Forderungen)

cheques were not deposited in the bank for collection = die Schecks wurden der Bank nicht zum Inkasso vorgelegt
Selected response from:

Expertlang
Local time: 18:59
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +4Verbuchung von Inkassi/Forderungseinzügen
Expertlang


  

Answers


34 mins   confidence: Answerer confidence 5/5 peer agreement (net): +4
Verbuchung von Inkassi/Forderungseinzügen


Explanation:
collection - Inkasso/Einzug (von Forderungen)

cheques were not deposited in the bank for collection = die Schecks wurden der Bank nicht zum Inkasso vorgelegt

Expertlang
Local time: 18:59
Works in field
Native speaker of: Native in GermanGerman
PRO pts in category: 77

Peer comments on this answer (and responses from the answerer)
agree  Katja Schoone
1 hr
  -> danke
agree  David Moore (X): CIH = cheque(s) in hand
2 hrs
  -> danke
agree  Kristin Sobania (X)
3 hrs
  -> danke
agree  Sebastian Witte
3 hrs
  -> danke
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