Glossary entry

German term or phrase:

Abschlussrhythmus VU

English translation:

frequency of account balancing; or frequency of statement

Added to glossary by tanaudel
Aug 19, 2007 05:44
16 yrs ago
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German term

Abschlussrhythmus VU

German to English Bus/Financial Finance (general)
This is from a computer generated Commerzbank bank statement and forms, and the context is as follows:

"Abschlussrhythmus VU Abschlussart 5 Zinsrechenmethode DEUTSCH"

I have not been able to find a translation of the term, but it seems to refer (perhaps) to the frequency of statements or perhaps when/if interest is compounded.

Does anyone have a translation for "Abschlussrhythmus" and/or know what "VU" is an abbreviation for in this context?

Thankyou.

Proposed translations

2 hrs
Selected

frequency of account balancing


http://help.sap.com/saphelp_nw04s/helpdata/en/30/46b367c925d...

I think he is talking about the transactions that take place during the period under question. It also covers "interest calculation" for the said period. In addition, there could be other transactions..

Your suggestion "frequency of statement" can also work
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thankyou - I think this broader translation is best in the circumstances"
1 hr
German term (edited): Abschlussrhythmus

frequency of interest calculation

Abschluss: Zeitraum, für den Zinsen und Gebühren ermittelt werden.
Die Größe der Abschlussperiode wird durch den ***Abschlussrhythmus***, der am Vertrag eingestellt werden kann, bestimmt. Der letzte Tag einer Abschlussperiode bestimmt automatisch den ersten Tag der Folgeperiode.
http://help.sap.com/saphelp_glossary/de/34/e173019279074eb05...


Google for:
"frequency of interest calculation"


I don't know what "VU" stands for.
Something went wrong...
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