Glossary entry

Spanish term or phrase:

Eliminaciones

English translation:

Offsets

Added to glossary by Patriale
Jan 12, 2017 13:45
7 yrs ago
9 viewers *
Spanish term

Eliminaciones

Non-PRO Spanish to English Bus/Financial Accounting Balance sheet
Voy con esta duda en diferentes contextos:

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
Votes to reclassify question as PRO/non-PRO:

PRO (2): patinba, Robert Carter

When entering new questions, KudoZ askers are given an opportunity* to classify the difficulty of their questions as 'easy' or 'pro'. If you feel a question marked 'easy' should actually be marked 'pro', and if you have earned more than 20 KudoZ points, you can click the "Vote PRO" button to recommend that change.

How to tell the difference between "easy" and "pro" questions:

An easy question is one that any bilingual person would be able to answer correctly. (Or in the case of monolingual questions, an easy question is one that any native speaker of the language would be able to answer correctly.)

A pro question is anything else... in other words, any question that requires knowledge or skills that are specialized (even slightly).

Another way to think of the difficulty levels is this: an easy question is one that deals with everyday conversation. A pro question is anything else.

When deciding between easy and pro, err on the side of pro. Most questions will be pro.

* Note: non-member askers are not given the option of entering 'pro' questions; the only way for their questions to be classified as 'pro' is for a ProZ.com member or members to re-classify it.

Proposed translations

7 mins
Selected

Offsets

Or offset balances. And "eliminados" is offset. See definition 6 in my reference.
Something went wrong...
4 KudoZ points awarded for this answer.
3 mins

Deletions

Suggestion
Something went wrong...
+3
17 mins

Eliminations

"Eliminations" is the term used in accounting.

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
Peer comment(s):

agree Robert Carter : Good catch, Pat, not a term I had come across before.
2 hrs
Thanks Robert! My 17 years in a big4 firm were not entirely wasted.
agree philgoddard : But my answer is correct too.
2 hrs
Thanks Yes, it certainly works (as does "netting" for that matter)
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
Yes. Thank you Richard!
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search