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Glossary entry

Spanish term or phrase:

estado final de ingresos

English translation:

final statement of income

Added to glossary by Manuel Aburto
Apr 3, 2022 23:34
2 yrs ago
24 viewers *
Spanish term

estado final de ingresos

Spanish to English Bus/Financial Finance (general) Finance
Buenas tardes,

Tengo una duda con el término que se muestra a continuación:

En Enero 2024 se realizará un informe financiero que contenga el estado final de ingresos, gastos y los saldos de las cuentas en el momento del cierre. En caso de haber saldos en las cuentas bancarias serán transferidas según lo indique la organización.

A financial report that shows/includes the **final status/balance of** revenues, expenditures, and bank account balances will be prepared in January 2024.
Proposed translations (English)
4 +2 final statement of income
5 +1 final income statement
3 closing statement of earnings

Discussion

Manuel Aburto (asker) Apr 5, 2022:
@ John: Thank you very much for the information John. I do agree with your comment about translating it as "income statement"
Manuel Aburto (asker) Apr 5, 2022:
@ Giovanni,
Gracias estimado por la observación.
No me había percatado de dicha omisión.
John Rynne Apr 4, 2022:
Parsing I think it's the final statement of all three items: "estado final de ingresos, gastos y los saldos" -- so it would have to be "final statement of revenues, expenses and balances", maybe. If you just say "income statement", then what do you do with expenses and balances?
On another note, "income" can mean "revenue" (top line) or "profit" (bottom line). So not a very useful word at all.
Giovanni Rengifo Apr 4, 2022:
@Manuel "al momento del cierre" is missing in the translation. Please double check to make sure that this bit is included.

Proposed translations

+2
5 mins
Selected

final statement of income

http://books.google.com/books?id=DhY0rtSgO9EC&pg=PA145&lpg=P... statement&f=false

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Note added at 9 mins (2022-04-03 23:43:56 GMT)
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The Spanish doesn't say "bank balances", just balances, as in ledgers.
Peer comment(s):
agree Richard Cadena
37 mins
agree Andrew Bramhall
2 hrs
agree neilmac
7 hrs
disagree Francois Boye : IN English, they say income statement, which includes all the operating charges and payments.
1 day 1 hr
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you Phil!"
+1
4 mins

final income statement

Hope it helps
Peer comment(s):
neutral philgoddard : This doesn't work because it's followed by "gastos y los saldos de las cuentas".
3 mins
agree Francois Boye : The income statement is final per se
14 hrs
Thanks a lot Francoise. Have a good day
Something went wrong...
1 day 37 mins

closing statement of earnings

- the question doesn't add gastos or saldos, so closing earnings statement would have sufficed.
Example sentence:

Close the income statement accounts with debit balances (normally expense accounts) to the income summary account.

Reference:

http://www.lawinsider.com/dictionary/closing-earnings-statement

Something went wrong...
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