This question was closed without grading. Reason: Other
Jul 12, 2019 02:50
4 yrs ago
Swedish term
fördröjningskonto
Swedish to English
Other
Finance (general)
More from the accounting system instructions:
"Flytta pengar mellan Fördröjningskonto och Avräkningskonto på en klient.
[...]
Det belopp man ska flytta från Fördröjningskontot, ska vara positivt.
"
I can't find any references to the term "Fördröjningskonto" online.
Nor can I find evidence (so far) of a term like "delay account" in English, at least not as a banking term.
Thoughts?
Thanks
"Flytta pengar mellan Fördröjningskonto och Avräkningskonto på en klient.
[...]
Det belopp man ska flytta från Fördröjningskontot, ska vara positivt.
"
I can't find any references to the term "Fördröjningskonto" online.
Nor can I find evidence (so far) of a term like "delay account" in English, at least not as a banking term.
Thoughts?
Thanks
Proposed translations
(English)
3 | deferment /deferred interest account | Adrian MM. |
1 | suspense account | Andrew Greenwood |
Proposed translations
5 hrs
deferment /deferred interest account
My hunch is that this could be an escrow - holding - account though, having done UK conveyancing of land where escrow means a deposit of deeds and docs. subject to a condition, am loath (one British translation client: 'loathed') to use the term in the context of an account.
We really need to know what goes in and out of the a/c.
We really need to know what goes in and out of the a/c.
Example sentence:
. This is important to understand because almost all of these deferred interest accounts have very high standard interest rates
Reference:
8 days
suspense account
Given that this can't be found anywhere at all, might it be that they have used the wrong Swedish word for "suspense account" (bevakningskonto), i.e. a general ledger account where you put something until you know what to do with it. A bit of a long shot I suppose.
Discussion