Glossary entry

German term or phrase:

Bankeninkasso

English translation:

bank collection procedure

Added to glossary by Olav Rixen
May 21, 2009 19:24
15 yrs ago
German term

Bankeninkasso

German to English Bus/Financial Accounting
Die Lieferung von Ersatzteilen erfolgt gegen Bankeninkasso.
Proposed translations (English)
4 +2 bank collection procedure
4 -1 bank invoicing
3 letter of credit

Proposed translations

+2
11 mins
Selected

bank collection procedure

bank encashment
Peer comment(s):

agree John Fenz : see Reference info
20 mins
many thanks, John
agree Steffen Walter : or just "bank collection"
2 hrs
thanks, Steffen
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4 KudoZ points awarded for this answer. Comment: "Thanks, SwissTell."
-1
1 hr

bank invoicing

Bạnkeninkasso (österr. nur) ...ssi ‹zu Bank u. Inkasso›: Rechnungseinzugsverfahren der Banken, Einzugsverfahren von Forderungen aus Warenlieferungen u. Leistungen durch die Bank.
http://duden-suche.de/suche/artikel.php?shortname=dgfw&artik...

To relieve such headaches, some banks, corporates, and service providers have begun working together on setting common
international bank invoicing standards that allow for provision of detailed electronic invoices, formatted in a way that supports account analysis.
http://www.eurofinance.com/conferences/vienna/TreasuryPerspe...

Yesterday Wells Fargo announced a new online invoicing solution for its small business customers that positions the bank to compete against entry level accounting packages.
BofA has had a similar service for almost a year. The pricing is similar, as is the look and feel. Yet neither of these bank invoicing solutions has the Web 2.0 polish of Freshbooks.
Creating invoices is a two step process, first you select the customer (or add a new one), assign an invoice number, PO number (if appropriate), payment terms (including early payment discount terms or custom terms), and late payment penalty (none or up to 2%). You can elect to have the service automatically send email payment reminders when the discount expiration date is approaching, when the payment due date is approaching, or when payment is past due.

http://paymentsviews.com/2009/04/23/guided-tour-of-new-small...
Accounts Receivable Management / Debt Collection Service

Efficient accounts receivable management secures liquidity. Whether you want to outsource your complete dunning procedure or just want to recover some debts, our web debt collection service offers you the comfortable alternative of entering your debt collection requests online and following them up online too.

Forderungsmanagement / Inkasso-Service

Ein effizientes Forderungsmanagement sichert Ihre Liquidität! Ob Sie Ihr gesamtes Mahnwesen auslagern oder nur einzelne Forderungen eintreiben wollen: Unser „WebInkasso“ bietet Ihnen eine komfortable Möglichkeit, Ihre Inkasso-Aufträge online zu erteilen und nach zu verfolgen.
http://www.creditreform.com/portal/de/countries/at/company/i...

SAP Dictionary
German Word: Rechnungseinzugsverfahren
English Word: invoice collection procedure
Module Word: RF
Filename: Rechnungseinzugsverfahren
http://www.saperrorcodes.com/dictionary/R/Rechnungseinzugsve...
Peer comment(s):

disagree Steffen Walter : Strictly speaking, Inkasso is collection (= [Rechnungs]einzug) rather than invoicing (= Rechnungsstellung/Fakturierung). I am not sure whether your references are spot on re. the context of this question. / Yes, but I wouldn't use "invoicing" here beca
45 mins
Yes, I'm aware that collection is standard for Inkasso, but bank invoicing involves collection, doesn't it?
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18 hrs

letter of credit

http://www.berliner-bank.de/bb/content/g_finanzierungen-inka...

The bank guarantees payment, no more or less

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Note added at 18 hrs (2009-05-22 14:15:56 GMT)
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collection procedure is really a court-ordered affair where the debtor is forced to pay up (the milder form is the 'collection agency'), but in any case, a way to make deadbeats cough up the moohla
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Reference comments

32 mins
Reference:

Rechnungseinzugsverfahren

Bankeninkasso(Artikelvorschau) Ban|ken|in|kas|so das; -s, Plur. -s, auch (österr. nur)...ssi ‹zu →Bank u. →Inkasso›: Rechnungseinzugsverfahren ...
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