Glossary entry (derived from question below)
Spanish term
Eliminaciones
Todos los saldos y operaciones entre al sociedad y las operaciones conjuntas han sido ELIMINADOS de acuerdo a la respectiva participación en cada uno de los mismos a los efectos de la consolidación proporcional.
También me aparece como titulo en una columna del balance.
Gracias
4 | Offsets | philgoddard |
5 +3 | Eliminations | patinba |
4 | Deletions | Margarida Martins Costelha |
PRO (2): patinba, Robert Carter
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Proposed translations
Offsets
Deletions
Eliminations
What are intercompany eliminations? - Questions & Answers ...
www.accountingtools.com/.../what-are-intercompany-eliminati...
Mar 14, 2013 - Intercompany eliminations are used to remove from the financial ... a list of all intercompany transactions that have been identified in the past, ...
Century 21 Accounting: General Journal, Copyright Update
https://books.google.com.ar/books?isbn=1337341525
Claudia Bienias Gilbertson, Mark W. Lehman - 2016 - Business & Economics
All significant intercompany transactions and balances have been eliminated. The Company completed the sale of Cole Haan during the third quarter ended ...
Financial & Managerial Accounting - Page 1380 - Google Books Result
https://books.google.com.ar/books?isbn=1337515493
Carl S. Warren, James M. Reeve, Jonathan Duchac - 2016 - Business & Economics
All significant intercompany transactions and balances have been eliminated. The Company completed the sale of Cole Haan during the third quarter ended
agree |
Robert Carter
: Good catch, Pat, not a term I had come across before.
2 hrs
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Thanks Robert! My 17 years in a big4 firm were not entirely wasted.
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agree |
philgoddard
: But my answer is correct too.
2 hrs
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Thanks Yes, it certainly works (as does "netting" for that matter)
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agree |
Richard Cadena
: This is something that often occurs in financial statements, and there is always a section on consolidation where intercompany balances are eliminated in the annual trends and techniques published by the AICPA.
5 hrs
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Yes. Thank you Richard!
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