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rétrocédé / rétrocessions

English translation: resell/pass-through

07:01 Jun 10, 2020
French to English translations [PRO]
Bus/Financial - Accounting
French term or phrase: rétrocédé / rétrocessions
The. business in question is a campground/campsite:

Les ventes ***rétrocédées*** correspondent à des produits annexes achetés par les clients au moment de la réservation (entrées au spa, services de nettoyage, etc.). Ce CA encaissé est entièrement ***rétrocédé*** aux commerces (marge nulle pour le Groupe). On retrouve ces ***rétrocessions*** dans le poste Energie, consommables et autres coûts directs.

I'm reluctant to use anything resembling "retrocessions/retroceded" in English because it would imply that they take a commission on these sales, when in fact they clearly do not. They just pass them on without taking a cut for themselves.
tatyana000
Local time: 23:30
English translation:resell/pass-through
Explanation:
Based on what you're explaining about how this works accounting-wise, "pass-through" is a solid choice for the one usage.

One meaning of « rétrocéder » is "to resell", which makes sense since your company is just a reseller of these services. So perhaps you can use "resale"/"resell" when describing the action and "pass-through" when speaking about accounting (like in the first use) -- i.e., "pass-through sales".
Selected response from:

Matt Finizio
United States
Local time: 17:30
Grading comment
Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3resell/pass-through
Matt Finizio
3 +1(a/cs) rechannel(l)ed / rechannel/s
Adrian MM.
4the pass-through revenue//pass through
Francois Boye
3recharges
Michael Grabczan-Grabowski
3reassigned / (back-dated) lending
Lisa Rosengard
3 -1retroactive/back-dated
Juan Arturo Blackmore Zerón


  

Answers


51 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
resell/pass-through


Explanation:
Based on what you're explaining about how this works accounting-wise, "pass-through" is a solid choice for the one usage.

One meaning of « rétrocéder » is "to resell", which makes sense since your company is just a reseller of these services. So perhaps you can use "resale"/"resell" when describing the action and "pass-through" when speaking about accounting (like in the first use) -- i.e., "pass-through sales".

Matt Finizio
United States
Local time: 17:30
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  Yvonne Gallagher: looks likely
2 hrs
agree  philgoddard: I don't think "resell" fits any of the instances, but "pass through" works and is a standard accounting term..
13 hrs
neutral  Francois Boye: it is defnitely a pass-through, but you don't resell what you don't own..
15 hrs
agree  Chris Pr
1 day 10 hrs
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6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
rétrocédé / rétrocessions / rétrocéder
(a/cs) rechannel(l)ed / rechannel/s


Explanation:
Better include the infinitive form for the record.

I am unsure that retrocession implies any payment of a 'rake-off'. For instance, an ins. co.'s ceding of reinsurance preimums to an underwriter (compare copyright royalty-share splits) doesn't imply such a commission charge, but a straight 'back-channel'-



Example sentence(s):
  • IATE: Entry domains: FINANCE (24) COM fr rétrocession en sell-down
  • “Rechanneling sales,” The McKinsey Quarterly, 2003 Number 3, pp. 64–75

    Reference: http://eng.proz.com/kudoz/french-to-english/law-general/3844...
    Reference: http://samsinstitute.com/asset/5bdb84833ef7c
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 41

Peer comments on this answer (and responses from the answerer)
agree  SafeTex
8 hrs
  -> Thanks, Safetex. It's always difficult to nail this weasel-word....
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9 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -1
retroactive/back-dated


Explanation:
https://www.collinsdictionary.com/dictionary/english/back-da...

Juan Arturo Blackmore Zerón
Mexico
Local time: 16:30
Native speaker of: Spanish

Peer comments on this answer (and responses from the answerer)
disagree  SafeTex: backdated aux commerces ??? The asker says that the money is "passed on" so why suggest "backdated"? "Backdated" does not mean "passed on"
5 hrs
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11 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
recharges


Explanation:
A tax recovery company I worked in for a number of years used the term "recharges."

In a nutshell, and by way of example, what happens is that a tour operator (or any customer, really) purchases, apart from a hotel reservation, various ancillary services that are combined and resold to the tour operator's customer as a single, combined package (with a single price).

How this becomes relevant in a tax context is that if VAT was charged by the relevant provider (the hotel), then the tour operator that purchased the various elements does not need to charge VAT on all these (recharged) items again, but rather only on the tour operator's mark-up (or "margin").

More information about this concept is in the following links:

https://taxinsights.ey.com/archive/archive-articles/the-tour...’-margin-scheme-can-be-a-trap.aspx

https://bit.ly/2Us9xmw

A "recharge" simply means something that is purchased by one party and resold to another party with no mark-up (or "margin").

In the European Union, the relevant tax framework is called TOMS (Tour Operators Margin Scheme). See this link for more information: https://www.gov.uk/guidance/tour-operators-margin-scheme-for...

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Note added at 11 hrs (2020-06-10 18:41:06 GMT)
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Correction for the EY link: https://go.ey.com/2UvPzXX

Michael Grabczan-Grabowski
Canada
Local time: 15:30
Specializes in field
Native speaker of: English
PRO pts in category: 4
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16 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
reassigned / (back-dated) lending


Explanation:
The information mentions 'des ventes rétrocédées', which would be 'reassigned sales'. Later it mentions 'on-lending' or 'back-dated lending' (rétrocessions) about energy bills by mail and consumables.

Example sentence(s):
  • Reassigned sales correspond to supplementary products bought at the time of reservation (cleaning services etc). Lending (back-dated) is found in Energy posting about consumables and other direct costs.
  • Les ventes rétrocédées correspondent à des produits annexes achetés au moment de la réservation (services de nettoyages etc). On retrouve ces rétrocessions dans le poste d'énergie, consommables et autres couts directs.
Lisa Rosengard
United Kingdom
Local time: 22:30
Specializes in field
Native speaker of: English
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20 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
the pass-through revenue//pass through


Explanation:
in this case, the revenue instead of the income is passed through to the owners. See all types of pass-through businesses in the attachment.

https://www.brookings.edu/research/9-facts-about-pass-throug...

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Note added at 21 hrs (2020-06-11 04:31:24 GMT)
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The revenue in cash is passed through in its entirety to the shops

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Note added at 1 day 8 hrs (2020-06-11 15:16:26 GMT)
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The overwhelming majority of businesses in the U.S. are not C-corporations subject to the corporate tax. Rather, most businesses—about 95 percent—are “pass-throughs,” which have their income “pass through” to their owners to be taxed under the individual income tax.

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Note added at 1 day 8 hrs (2020-06-11 15:18:55 GMT)
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An overwhelming share of pass-through income is earned by those at the very top of the income scale. In fact, about 70 percent of partnership income accrues to the top 1 percent, compared to 44 percent of corporate dividends (Figure 9).[14 ]Individuals in the bottom 80 percent earn virtually no pass-through income.[15] Moreover, those with higher incomes tend to receive a much greater share of their income from business compared to those with lower incomes, as the top 1 percent only earn about 11 percent of wage and salary income.[16] Thus, any reductions cuts in the tax rate on pass-through businesses would largely benefit high-income taxpayers.

Francois Boye
United States
Local time: 17:30
Native speaker of: Native in FrenchFrench
PRO pts in category: 150
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