Glossary entry

German term or phrase:

Kreditorenmanagement

English translation:

accounts payable management

Added to glossary by Steffen Walter
Mar 21, 2007 09:12
17 yrs ago
3 viewers *
German term

Kreditorenmanagement

German to English Bus/Financial Finance (general)
Kreditorenmanagement:
Stammdaten pflegen
Rechnungen prüfen
Kosten-/Aufwandsbuchungen durchführen
Rechnungen begleichen

Proposed translations

+3
59 mins
Selected

Accounts payable management

Credit control may be interpreted to cover both accounts receivable (debtors) and accounts payable (creditors). I think, we are talking about the management of accounts payable, i.e. amounts owed to the creditors.

http://www.lillysoftware.com/software_solution/back_office/a...
Peer comment(s):

agree Kcda : Good points but I am wondering why "creditor management" as a generall heading would not suffice!?/ Two people answering at the same time 59 minutes. Each deserve a point!
2 hrs
thanks Kcda. "Accounts payable management" is common and hence preferred. Yes, "creditor management" also conveys the meaning
agree Susan Zimmer : because its a fixed term
3 hrs
thanks Susiez
agree Julia Lipeles
4 hrs
thanks Julia
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks. Definitely correct. Shame I can't split the points."
3 mins

credit control

"Credit control
Definition

Methods used by companies to try to ensure their customers settle their accounts within the agreed time period."

Only medium confidence as credit control departments don't usually pay bills (the last item on your list)....
Peer comment(s):

neutral Kcda : credit control is a good suggestion but according to the dictionaries "accounts payable" is somehow favored. Your approach is definetly not wrong but I can't disregard the other choices. Hence a neutral state is my point of view.
3 hrs
Something went wrong...
+4
59 mins

Accounts Payable Management

these are tasks performed in the a/p department / division / by specific person responsible for

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Note added at 1 hr (2007-03-21 10:12:39 GMT)
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oops, we answered at the same time..
Peer comment(s):

agree Raghunathan Rajagopalan
7 mins
agree milinad
1 hr
agree Kcda : Good points but I am wondering why "creditor management" as a generall heading would not suffice!?/Thank you but you and another answerer did give the same answer so both of you deserve a point rather than only one!
2 hrs
agree Julia Lipeles
4 hrs
Something went wrong...
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