This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. English
  3. Accounting

roll up

English translation: add

04:54 Feb 25, 2012
English language (monolingual) [PRO]
Bus/Financial - Accounting
English term or phrase: roll up
Hi,

I need a bit guidance about the word roll up. See the following sentence please

"Indicates that this customer's asset balance is rolled up into its parent's account for billing purposes."

Here, does it simply mean "add"?

Thank you
Yasin Koç
Local time: 12:59
Selected answer:add
Explanation:
Having researched the term, I believe you are right that, in this context, it simply means "added" or "incorporated into", as in the sense of a "roll-up fund" given below. This would be for reporting for a specific purpose ("for billing purposes") rather than a formal consolidation of the two companies' accounts.
Selected response from:

Martin Riordan
Brazil
Local time: 06:59
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +2add
Martin Riordan
4tied//connected
Lydia De Jorge
4consolidate
Oceanwide


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
tied//connected


Explanation:
sugg

Lydia De Jorge
United States
Local time: 04:59
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
consolidate


Explanation:
...is rolled up into...=...is consolidated into....

Oceanwide
Native speaker of: Native in ChineseChinese, Native in EnglishEnglish
Login to enter a peer comment (or grade)

4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
add


Explanation:
Having researched the term, I believe you are right that, in this context, it simply means "added" or "incorporated into", as in the sense of a "roll-up fund" given below. This would be for reporting for a specific purpose ("for billing purposes") rather than a formal consolidation of the two companies' accounts.

Example sentence(s):
  • ROLL-UP FUND - A roll-up fund is a reporting entity. It is comprised of the various accounts that generally fall within the generic activity/nature of the roll-up fund’s title.

    Reference: http://a-z-dictionaries.com/glossaries/Accounting_Glossary.h...
Martin Riordan
Brazil
Local time: 06:59
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Veronika McLaren
5 hrs
  -> Thanks, Veronika!
agree  marybro: add, add up, or add together
15 hrs
  -> Thanks, marybro!
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search