Glossary entry (derived from question below)
Polish term or phrase:
pozycje pozostające na saldzie podatku vat
English translation:
VAT balance items
Added to glossary by
Kamila Ołtarzewska
Sep 14, 2023 12:00
8 mos ago
14 viewers *
Polish term
pozycje pozostające na saldzie podatku VAT
Polish to English
Bus/Financial
Law: Contract(s)
VAT
Wpis w tabeli, niestety doprecyzowania brak
Proposed translations
(English)
3 | VAT balance items | Kamila Ołtarzewska |
3 | VAT balancing adjustments | Adrian MM. |
Change log
May 21, 2024 13:36: Kamila Ołtarzewska Created KOG entry
Proposed translations
1 hr
Selected
VAT balance items
tak
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VAT balancing adjustments
UK: balancing allowance = credit vs. balancing charge = debit. Normally used in the UK for capital allowances e.g. depreciation of tangibles and intangibles.
Example sentence:
A balancing item is an accounting construct obtained by subtracting the total value of the entries on one side of an account (resources or changes in liabilities) from the total value of the entries on the other side (uses or changes in assets).
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