Jul 3, 2021 18:37
2 yrs ago
21 viewers *
Spanish term

consideración como gasto del ejercicio de un gasto no correlacionado...

Spanish to English Law/Patents Law: Contract(s) Contesting an agreement
Hi guys, I wanted to check and see I have the right meaning and if anyone has a good way of phrasing this.

The context is a letter advising a client to contest a legal challenge, and this sentence appears on a list of apparent wrongdoings by the client which have caused the agreement to be changed.

The full phrase is: "consideración como gasto del ejercicio de un gasto no correlacionado con la actividad".

Any suggestions or clarification much appreciated!

Proposed translations

1 day 33 mins
Selected

charging a non-business item to expenses (for the year)

You could leave out 'for the year'.
Peer comment(s):

neutral Francois Boye : a non-business item? This is not an accounting concept
1 hr
Of course it is. If I went on vacation and charged it as business travel, that would be fraud.
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4 KudoZ points awarded for this answer. Comment: "Thank you so much!"
1 hr

expenses incurred accompanying other expenses not related to the activity

despite the convoluted original legalese
Note from asker:
Thank you very much for your help.
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2 hrs

considering as an expense for the year costs unrelated to the company's business

Hope that is clear.
Note from asker:
Thank you very much for your help.
Peer comment(s):

neutral philgoddard : I think this is the best answer so far, but it can be expressed more simply.
21 hrs
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5 hrs

deeming a non-trading expense to be one of the accounting reference period

Change the word order and use the 'deeming'-type clause or provision terminology from UK, Canadian and Indian etc. taxing statutes.

No need to repeat the word of expense, spending or expenditure.

Ejercicio might be a financial year or a shorter 'stub' period - hence a/c ref. period-
Example sentence:

Deeming rules are typically thought of as creating legal fictions.Though this is the most common use of such provisions in the Act, it is not their only use.

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1 day 12 mins

charging a fixed cost to this fiscal year

an expense is a cost in accounting

A cost unrelated to business activity is fixed in cost accounting


What Is a Fixed Cost?

A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any specific business activities.

In general, companies can have two types of costs, fixed costs or variable costs, which together result in their total costs. Shutdown points tend to be applied to reduce fixed costs.

Source: Investopedia
Peer comment(s):

neutral philgoddard : It doesn't say 'fixed'.//You're misunderstanding "actividad". It means business, not volume of business.
18 mins
A cost unrelated to business activity is fixed in cost accounting//if X is independent from Y, then whatever the level or variation of Y, X remains unchanged. Logic 101
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1 day 3 hrs

treatment of expenditure as an uncorrelated expense in the fiscal year

It mentions the expenses from the year's activities.

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Note added at 1 day 3 hrs (2021-07-04 22:10:50 GMT)
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An uncorrelated expense is one which is not related or connected with the accounted annual expenditure.

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Note added at 1 day 3 hrs (2021-07-04 22:14:29 GMT)
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SP: Se tratan los gastos de las actividades del año. Un gasto no correlacionado no está conectado con los gastos anuales que están contados.
Note from asker:
Thank you very much for your help.
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