Glossary entry

French term or phrase:

(Compenser des trop perçus) équilibrés

English translation:

compensating balances

Added to glossary by Conor McAuley
Sep 8, 2006 07:47
17 yrs ago
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French term

(Compenser des trop perçus) équilibrés

French to English Bus/Financial Accounting From a real estate management software programme
Problem with the last word.

At the moment I have it as:

"Counterbalance (Balanced???) Overpayments"

I'm no accountant - any help would be appreciated!
Proposed translations (English)
4 compensating balances

Proposed translations

1 hr
Selected

compensating balances

The last word is balance. Literal translation: Compensate too perceived...

again need to see more of the text but a compensating balance can sometimes be an error in accounts where entries are made in the wrong accounts but because they balance, they cancel each other out and thus make it difficult to find the error...
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4 KudoZ points awarded for this answer. Comment: "Apologies for the delay closing this question -- I have been very busy. Many thanks."
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