This question was closed without grading. Reason: Answer found elsewhere
Nov 29, 2023 10:47
6 mos ago
22 viewers *
Spanish term
Spain
Legal/business/engineering expertise.
Native in: English 
Works in: Spanish to English, English to Spanish, English
LP sist. aport.
Spanish to English
Bus/Financial
Accounting
It's an accounting item.
Proposed translations
(English)
| 3 +1 | Long-term contribution system |
Edward Tully
|
| 4 -1 | Long term contributions to the system of employee retirement plans |
Francois Boye
|
References
| Deferred compensation |
patinba
|
Proposed translations
+1
5 mins
Edward Tully
Native in English
Specializes in field
Because your words matter
Native in: English (Variants: UK, US)
Works in: Spanish to English
Related KudoZ points
:
295
Long-term contribution system
Hard without more context, but the item might refer to paying into pension or other funds, with the LP being 'largo plazo'.
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Note added at 30 mins (2023-11-29 11:17:56 GMT)
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It could also refer to the company paying into reserves.
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Note added at 30 mins (2023-11-29 11:17:56 GMT)
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It could also refer to the company paying into reserves.
Peer comment(s):
| agree |
patinba
: Roughly speaking, yes.
56 mins
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Many thanks! ;-)
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| disagree |
Francois Boye
: In English, they say contributions to the system, not contributions system
5 hrs
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In accounting entries, a short form would be used, hence the abbreviation in the original Spanish.
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| agree |
Richard Cadena
: Looks good to me, considering the circumstances.
15 hrs
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Many thanks Richard! ;-)
|
-1
5 hrs
Francois Boye
United States
United States
United States
An economic geek with social skills
Native in: French
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
129
Long term contributions to the system of employee retirement plans
This translation recapitutes Patinba's information.
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Note added at 6 hrs (2023-11-29 17:17:40 GMT)
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NB: recapitulates instead of recapitulates
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Note added at 6 hrs (2023-11-29 17:17:40 GMT)
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NB: recapitulates instead of recapitulates
Peer comment(s):
| disagree |
Edward Tully
: too long for an abbreviated accounting entry
1 hr
|
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Pls show me how to contract my translation! In Spanish, sist is an abbreviation standing for sistema de previsión de planes de pensión para los empleados
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Reference comments
1 hr
Reference:
Deferred compensation
643. Retribuciones a largo plazo mediante sistemas de ...
La cuenta (643) Retribuciones a largo plazo mediante sistemas de aportación definida se utiliza para contabilizar el importe de las aportaciones devengadas por remuneraciones a largo plazo al personal de la empresa, tales como pensiones u otras prestaciones por jubilación o retiro, que se articulen a través de una compensación económica de carácter diferido, respecto al momento en el que se presta el servicio.
La cuenta (643) Retribuciones a largo plazo mediante sistemas de aportación definida se utiliza para contabilizar el importe de las aportaciones devengadas por remuneraciones a largo plazo al personal de la empresa, tales como pensiones u otras prestaciones por jubilación o retiro, que se articulen a través de una compensación económica de carácter diferido, respecto al momento en el que se presta el servicio.
Peer comments on this reference comment:
| agree |
philgoddard
: You should post this as an answer - maybe 'deferred employee compensation' to make it clearer.
2 hrs
|
| agree |
Richard Cadena
14 hrs
|
Discussion