Jan 30, 2021 10:38
3 yrs ago
36 viewers *
Spanish term

Incorporación al activo de gastos financieros

FVA Spanish to English Bus/Financial Accounting Cuenta de pérdidas y ganancias
Good morning fellow translators!
I'm working on translating a "Cuenta de pérdidas y ganancias". Within the section "Otros ingresos y gastos de carácter financiero", I have that phrase.
I've checked other entries and see it translated as "capitalization of financial expenses". I don't have a lot of experience with accounting yet so I'm not sure if "capitalization" is the correct answer. Could someone help me verify if this is the correct phrase, please?
Thank you so much for your help!

Proposed translations

+5
1 hr
Selected

capitalization of financial expenses

Yes, Inma, that answer is correct.

To capitalize is to record a cost or expense on the balance sheet for the purposes of delaying full recognition of the expense. In general, capitalizing expenses is beneficial as companies acquiring new assets with long-term lifespans can amortize or depreciate the costs. This process is known as capitalization.Sep 29, 2020

Capitalize Definition - Investopediawww.investopedia.com › ... › Financial Statements
Peer comment(s):

agree John Rynne
4 hrs
Thank you!
agree philgoddard : And financial costs are basically interest on borrowings.
4 hrs
Yes. Thank you!
agree Francois Boye
4 hrs
Thank you!
agree Luis M. Sosa
5 hrs
agree Adrian MM. : albeit of 'finance charges' for UK consumption or, otherwise, of finance cost https://www.readyratios.com/reference/accounting/finance_cos...
6 hrs
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4 KudoZ points awarded for this answer. Comment: "First validated answer (validated by peer agreement)"
-1
1 hr

incorporation of the financial expense asset

'otros ingresos y gastos de carácter financiero' are:
'other financial incomes and expenses'.
I believe that the capitalization is the advantage of a maximum profit possibility.
The incorporation of the finances is their inclusion in a wider entity. I
Peer comment(s):

disagree insighted : incorporación "al" activo y no "del" activo
9 days
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