Glossary entry

German term or phrase:

zum Soll gestellt

English translation:

debited

Added to glossary by Steffen Walter
Jul 24, 2008 15:38
15 yrs ago
1 viewer *
German term

zum Soll stellen

German to English Bus/Financial Law: Taxation & Customs
In a form to be submitted to the tax office with a list of sales tax payments made during a given period. As I only have one page of the form, I don't even know which one it is *sigh* At the end of the page:
"Finanzkasse: Zum Soll gestellt"
Proposed translations (English)
5 on Debit
Change log

Jul 31, 2008 08:45: Steffen Walter changed "Edited KOG entry" from "<a href="/profile/1056">Heather Starastin's</a> old entry - "zum Soll gestellt"" to ""on debit""

Discussion

Kim Metzger Jul 24, 2008:
Soll = debit

Proposed translations

6 days
Selected

on Debit

Hi Heather

I´m surprised nobody has given an answer to your question! It´s pretty easy. "Zum Soll gestellt" means it was taking to the Debit side, i.e., it was noted down in a Debit Account on the accounting system.

Tax Payments always are included on Debit because its money "pouring out" of the system. If it was an income, it would be charged "on Credit".

If you have any more question, just post a note!

An example:
http://ezinearticles.com/?Non-Profit-Organization-Accounting...
"Cash and bank items are merged in one column. That means receipts in cash as-well-as by , cheque are entered in one column on debit and payments in cash as-well-as by cheque are entered in one column on credit side. Contra entries between cash and bank get eliminated."

A very useful post on a forum:

http://www.caclubindia.com/forum/messages/2008/7/11330_about...
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Perhaps it was too easy for anyone to be bothered *lol* Thanks Teresa!"
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