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costo por deducción

English translation: deductions/reductions

21:57 Jun 28, 2017
Spanish to English translations [PRO]
Bus/Financial - Accounting
Spanish term or phrase: costo por deducción
Estoy traduciendo un informe de compilación de estados financieros. En el estado de resultados, específicamente bajo el renglón "costo de ventas" dice:

"Inventario inicial de mercancía
Compras
**Costo por deducción**
Material de empaques
Devoluciones en compras
Inventario final de mercancía"

¿Será "rebate cost" o se trata de algo completamente diferente?

Muchas gracias por adelantado
Yvonne Becker
Local time: 05:15
English translation:deductions/reductions
Explanation:
Gross Sales vs. Net Sales
While gross sales are the grand total of sale transactions within a certain time period, net sales are calculated by deducting sales allowances, sales discounts and sales returns. Net sales reflect all reductions in the price paid by customers, discounts on goods and any refunds paid out to customers after the time of sale. These three deductions have a natural debit balance where the gross sales account has a natural credit balance. Thus, the deductions are constructed to offset the sales account.



Selected response from:

Francois Boye
United States
Local time: 05:15
Grading comment
Muchas gracias
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2deductions/reductions
Francois Boye
4cost reduction
jude dabo


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
deductions/reductions


Explanation:
Gross Sales vs. Net Sales
While gross sales are the grand total of sale transactions within a certain time period, net sales are calculated by deducting sales allowances, sales discounts and sales returns. Net sales reflect all reductions in the price paid by customers, discounts on goods and any refunds paid out to customers after the time of sale. These three deductions have a natural debit balance where the gross sales account has a natural credit balance. Thus, the deductions are constructed to offset the sales account.





Francois Boye
United States
Local time: 05:15
Native speaker of: Native in FrenchFrench
PRO pts in category: 129
Grading comment
Muchas gracias

Peer comments on this answer (and responses from the answerer)
agree  neilmac
8 hrs
agree  Maïté Mendiondo-George
4 days
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1 day 17 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
cost reduction


Explanation:
Cost reduction is the process used by companies to reduce their costs and increase their profits. Depending on a company’s services or product, the strategies can vary. Every decision in the product development process affects cost.

Companies typically launch a new product without focusing too much on cost. Cost becomes more important when competition increases and price becomes a differentiator in the market.

C

jude dabo
Local time: 10:15
Native speaker of: Native in EnglishEnglish
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