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English translation: carry-over balance

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Danish term or phrase:mellemregning
English translation:carry-over balance
Entered by: dmesnier

22:34 Jun 21, 2021
Danish to English translations [PRO]
Bus/Financial - Accounting / Tax
Danish term or phrase: mellemregning
Hi - I'm trying to find the best US (and/or UK) English translation for mellemregning when used in tax accounting specifically under the Skattestyrelsens virksomhedsordningen.

There is a proz entry for mellemregningskonto as "rebill account" but that hardly fits here. It'd be nice to go with "balance" and "interim account" but I have the feeling it's not that pretty.

Here are some of the sentences it's used in in my document.

Hensat til senere hævning ultimo indføres på mellemregningskontoen primo det følgende regnskabsår, hvorfra det kan hæves eller henstå.

Det vil ofte være hensigtsmæssigt at føre indbetalinger over mellemregningen, da indestående herpå når som helst hæves ud af ordningen uden skattemæssige konsekvenser og forud for hæverækkefølgen nævnt i VSL § 5.

Indestående på mellemregningskontoen (mellemregning)

Mellemregningen kan ikke blive negativ, da dette betragtes som hævning af først kapitalafkast, derefter overskud og derefter indskud.

Thanks for your help!
dmesnier
United States
Local time: 00:13
carry-over balance
Explanation:
Indestående på mellemregningskontoen (mellemregning) : amount deposited / credit balance / on the carry-over balancing account (carry-over balance).

In terms of capital writing-down allowances, balancing statement in the USA I guess is equivalent in the UK to a balancing allowance > a plus vs. a balancing charge > a minus on disposal of an asset.


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Note added at 4 days (2021-06-26 09:53:46 GMT) Post-grading
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You are welcome. Otherwise as regards no comments, silence is consent.
Selected response from:

Adrian MM.
Austria
Grading comment
thanks for your help
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Summary of answers provided
3carry-over balance
Adrian MM.


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
carry-over balance


Explanation:
Indestående på mellemregningskontoen (mellemregning) : amount deposited / credit balance / on the carry-over balancing account (carry-over balance).

In terms of capital writing-down allowances, balancing statement in the USA I guess is equivalent in the UK to a balancing allowance > a plus vs. a balancing charge > a minus on disposal of an asset.


--------------------------------------------------
Note added at 4 days (2021-06-26 09:53:46 GMT) Post-grading
--------------------------------------------------

You are welcome. Otherwise as regards no comments, silence is consent.

Example sentence(s):
  • US / Deloitte : balancing statement consisting of the tax written down value (TWDV) of the asset (acquisition cost less capital allowances) and the disposal.
  • f you carry over, carry down, or carry a balance, you transfer it to the next accounting period, where it will be the opening balance. Any unspent balance carried over to next year has to be reallocated.

    Reference: http://www.proz.com/kudoz/danish-to-german/law-general/24448...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 19
Grading comment
thanks for your help
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