Glossary entry

Dutch term or phrase:

vaste verrekenprijs (voorraadwaardering)

English translation:

Fixed stock prices

Added to glossary by jarry (X)
Apr 7, 2009 15:39
15 yrs ago
5 viewers *
Dutch term

vaste verrekenprijs

Dutch to English Bus/Financial Business/Commerce (general) Contract
Verrekenprijs is standard price but how should I translate vaste verrekenprijs? Set price?
Change log

Apr 14, 2009 07:05: jarry (X) Created KOG entry

Discussion

jads (asker) Apr 7, 2009:
Men gebruikt een VVP als de inkoopprijs veelvuldig fluctueert, zodat niet bij iedere wijziging in de inkoopprijs de waarde van de voorraad opnieuw gewaardeerd dient te worden.
jarry (X) Apr 7, 2009:
Please provide context.

Proposed translations

+1
2 hrs
Selected

Fixed stock prices

Stocks are usually valued on a FIFO (first in first out) basis or on a LIFO (last in first out) basis. In this case, it seems that neither of these standard valuation principles are used, but that stock is valued at fixed prices. (highly unusual)
Peer comment(s):

agree Buck
15 hrs
Thanks
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4 KudoZ points awarded for this answer. Comment: "Thankyou. This fits the bill."
2 mins

fixed charges



fixed charges
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57 mins

fixed fees

nog een mogelijkheid.
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18 hrs

fixed transfer price

Without knowledge of the wider context, this meaning of verrekenprijs should not go unmentioned.

-> "Transfer pricing refers to the pricing of contributions (assets, tangible and intangible, services, and funds) transferred within an organization. For example, goods from the production division may be sold to the marketing division, or goods from a parent company may be sold to a foreign subsidiary. Since the prices are set within an organization (i.e. controlled), the typical market mechanisms that establish prices for such transactions between third parties may not apply. The choice of the transfer price will affect the allocation of the total profit among the parts of the company."
http://en.wikipedia.org/wiki/Transfer_pricing

From: IATE
NL interne verrekenprijs voor een concern
transferkosten
EN inter-company price
transfer pricing
intercompany transfer price
transfer price
http://iate.europa.eu/iatediff/SearchByQueryEdit.do
Peer comment(s):

neutral jarry (X) : The question concerns the method of accounting for stocks (i.e. at fixed prices, instead of the more common FIFO or LIFO method) not to intercompany (transfer) prices or charges.
53 mins
highly plausible, I agree
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