sociedad GL

English translation: GL company

12:57 Jan 18, 2021
Spanish to English translations [PRO]
Law/Patents - Accounting
Spanish term or phrase: sociedad GL
type of company in Spain
mischa_ro
Local time: 01:15
English translation:GL company
Explanation:
More context would be helpful but I think this might be referring to a General Ledger Company.

What Is a General Ledger Company?
The company is the highest organizational element in the General Ledger application. It can represent any business or legal entity of an organization, such as a corporation, holding company, division, or region. You assign a chart of accounts, base operating currency, status, fiscal calendar, operating rules, levels, and more to a company.

https://docs.infor.com/help_lawson_cloudsuite_10.1/index.jsp...

Sociedad GL

Definición La unidad organizativa más pequeña para la cual se crean balances individuales según los requisitos legales relevantes.
http://fernando-fleitas.blogspot.com/2012/01/sap-finanzas.ht...

A G/L entity is the smallest organizational unit for which individual financial statements must be drawn up according to relevant commercial law.
https://schemas.liquid-technologies.com/oagis/8/?page=glenti...
Selected response from:

Jane Martin
Local time: 23:15
Grading comment
Thank you
4 KudoZ points were awarded for this answer



Summary of answers provided
2 +3GL company
Jane Martin


  

Answers


18 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +3
GL company


Explanation:
More context would be helpful but I think this might be referring to a General Ledger Company.

What Is a General Ledger Company?
The company is the highest organizational element in the General Ledger application. It can represent any business or legal entity of an organization, such as a corporation, holding company, division, or region. You assign a chart of accounts, base operating currency, status, fiscal calendar, operating rules, levels, and more to a company.

https://docs.infor.com/help_lawson_cloudsuite_10.1/index.jsp...

Sociedad GL

Definición La unidad organizativa más pequeña para la cual se crean balances individuales según los requisitos legales relevantes.
http://fernando-fleitas.blogspot.com/2012/01/sap-finanzas.ht...

A G/L entity is the smallest organizational unit for which individual financial statements must be drawn up according to relevant commercial law.
https://schemas.liquid-technologies.com/oagis/8/?page=glenti...


Jane Martin
Local time: 23:15
Native speaker of: Native in EnglishEnglish
PRO pts in category: 28
Grading comment
Thank you

Peer comments on this answer (and responses from the answerer)
agree  Francois Boye: Just write General Ledger company
19 mins
  -> Thank you.

agree  Luis M. Sosa: Seems to fit the lack of context.
26 mins
  -> Thank you.

agree  Adrian MM.
8 hrs
  -> Thank you Adrian.
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