Glossary entry (derived from question below)
Swedish term or phrase:
Summeringskonto
English translation:
parent account
Added to glossary by
sans22 (X)
Sep 14, 2016 08:04
7 yrs ago
1 viewer *
Swedish term
Summeringskonto
Swedish to English
Bus/Financial
Finance (general)
Summeringskonto för totala intäkter från varuförsäljning.
The term is in a list of different types of accounts.
The term is in a list of different types of accounts.
Proposed translations
(English)
| 3 +1 | parent account |
Deane Goltermann
|
| 2 | (headline) summation account |
Adrian MM. (X)
|
Proposed translations
+1
1 hr
Deane Goltermann
Sweden
Sweden
Native in Swedish
&
English
Specializes in field
Sweden
Easy reading - Good writing
Native in: English 
, Swedish
Works in: Swedish to English
Related KudoZ points
:
126
Selected
parent account
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4 KudoZ points awarded for this answer.
Comment: "Many thanks!"
13 hrs
(headline) summation account
vs. samlingskonto (see Deane G's worthy refs.): subsidiary-ledger control account.
I must confess I have heard of parent companies or corporations but only a parent vs. child account.
I am pretty sure we used to have this headline type of account at the bank I used to work at in Stockholm - as an a/c for totting up trial balances rather than for merchandising sales revenue - but no English equivalent springs to mind.
I must confess I have heard of parent companies or corporations but only a parent vs. child account.
I am pretty sure we used to have this headline type of account at the bank I used to work at in Stockholm - as an a/c for totting up trial balances rather than for merchandising sales revenue - but no English equivalent springs to mind.
Example sentence:
This account contains aggregated totals for transactions that are individually stored in subsidiary-level ledger accounts.
You can use this function to print reports on summation accounts that have been defined in the account structure.
Reference:
http://https://sites.google.com/a/tges.org/accountancy/double-entry-book-keeping/trial-balance
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