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Auflösung wg. AZ

English translation: Reversal due to advance payment

09:03 May 14, 2017
German to English translations [PRO]
Bus/Financial - Accounting / Germany
German term or phrase: Auflösung wg. AZ
Hello all,

I am translating an annual ledger printout (Jahreskontoausdruck) from Kanzlei Rechnungswesen Pro 2.05:

The ledger 743 about a loan in regard to an individual says with an entry date of 01/01/2007:

Auflösung wg. AZ in 2007 [Credit entry/Umsatz Haben]: 172,000 euros [Offset account/Gegenknot]: 1704

Could this mean Auflösung wegen Auszahlung in 2007/Closure due to disbursement in 2007?

Best regards,

Sebastian Witte
Sebastian Witte
Germany
Local time: 15:45
English translation:Reversal due to advance payment
Explanation:
Just barely higher than a pure guess. It might be Anzahlung. Could be something else.
Selected response from:

Ted Wozniak
United States
Local time: 08:45
Grading comment
Not sure. It's a loan after all and somehow I think my own take is the somewhat more probable choice. Thanks anyway, Ted.
3 KudoZ points were awarded for this answer



Summary of answers provided
2Reversal due to advance payment
Ted Wozniak


Discussion entries: 1





  

Answers


2 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
Reversal due to advance payment


Explanation:
Just barely higher than a pure guess. It might be Anzahlung. Could be something else.

Ted Wozniak
United States
Local time: 08:45
Meets criteria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 762
Grading comment
Not sure. It's a loan after all and somehow I think my own take is the somewhat more probable choice. Thanks anyway, Ted.
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