May 15, 2007 15:15
17 yrs ago
11 viewers *
French term
Flux
French to English
Bus/Financial
Accounting
Elimination adjustments on consolidation
This seems to have a specialist meaning in the accounts consolidation schedule instructions I am dealing with.
Under logic tests for checking the accuracy of the consolidation work as a whole there are two tests:
Flux de reclassement = 0
Reclassification journals should add up to 0?
and
F ouverture + somme des autres flux = flux de contrôle
Opening ??? + sum of other ??? should equal audit/test ????????
Any ideas gratefully received.
John Clube
Under logic tests for checking the accuracy of the consolidation work as a whole there are two tests:
Flux de reclassement = 0
Reclassification journals should add up to 0?
and
F ouverture + somme des autres flux = flux de contrôle
Opening ??? + sum of other ??? should equal audit/test ????????
Any ideas gratefully received.
John Clube
Proposed translations
(English)
| 3 +3 | flow |
Martine Brault
|
| 5 | Flow + detail explain. |
BusterK
|
| 2 | transaction |
Mary Lalevee
|
| 1 | cash flow (test) |
Robert Frankling
|
Proposed translations
+3
44 mins
Martine Brault
Canada
Canada
Native in French
&
English
Specializes in field
Canada
Versatility reliability professionalism
Native in: English 
, French
Works in: English to French, French to English, French, and 1 more.
Related KudoZ points
:
27
Selected
flow
Flux is probable an "internal" expression (or is it the consolidation software's?) In any case, "flow" would appear to be the translation of choice. Stream would not fit.
Opening flow +...
or could easily be replaced by "balance".
Opening flow +...
or could easily be replaced by "balance".
Peer comment(s):
| agree |
cristina estanislau
13 mins
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Thanks Cristina
|
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| agree |
Germaine07
1 hr
|
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Thanks Germaine
|
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| agree |
BusterK
: flow / flux are the one almost always used in the consolidation systems.
2 hrs
|
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Thanks Buster
|
4 KudoZ points awarded for this answer.
Comment: "Thanks, I agree that it probably comes from their consolidation program, but I wanted to be sure it was not some standard expression that everyone but me knew.
I am surprised to see another accountant in translation, I thought that there were very few of us indeed.
John Clube"
39 mins
Robert Frankling
Native in English
BA in Translation/Dipl
Native in: English
Works in: French to English, English to French
cash flow (test)
"Flux" probably refers to cash flow accounting. The following may be helpful.
What Is An Accounting Consistency Test & What To Do If Your Forecast Fails Them?
Three tests are applied each time WInForecast recalculates itself to ensure the integrity data:
1)The net cashflow = the net funds flow
2)The closing bank balance = the opening bank balance + the cash flow
3)The total capital position = the total net assets in the balance sheet
Not being an accountant...this is a guess.
What Is An Accounting Consistency Test & What To Do If Your Forecast Fails Them?
Three tests are applied each time WInForecast recalculates itself to ensure the integrity data:
1)The net cashflow = the net funds flow
2)The closing bank balance = the opening bank balance + the cash flow
3)The total capital position = the total net assets in the balance sheet
Not being an accountant...this is a guess.
1 hr
Mary Lalevee
United Kingdom
United Kingdom
Native in English
Works in field
United Kingdom
Related KudoZ points
:
33
transaction
I suggest this John as in my glossary I have "non-monetary transaction" as a translation for "flux réel" so I wonder if this could be it?
2 hrs
Flow + detail explain.
Flow is definitively the one.
It is used to build cash flow statement and financial statement disclosures.
Reclassification flow = 0, meaning that when you reclassify, you must substract from somewhere and add the same amount somewhere else.
To put it simply, you may have:
Opening (which is equal to the previous period closing flow) + Acquisition - Disposal + Reclassification = Closing.
To control figures, you will also enter the closing and have a control flow that is the sum (actually Op.+ Acq - Disp - Recl - Closing) = 0.
It is used to build cash flow statement and financial statement disclosures.
Reclassification flow = 0, meaning that when you reclassify, you must substract from somewhere and add the same amount somewhere else.
To put it simply, you may have:
Opening (which is equal to the previous period closing flow) + Acquisition - Disposal + Reclassification = Closing.
To control figures, you will also enter the closing and have a control flow that is the sum (actually Op.+ Acq - Disp - Recl - Closing) = 0.
Discussion
Obviously, the adjustments have to square out at zero, so the first occurrence can make sense, but that still leaves the mysterious second formula.