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Glossary entry

Spanish term or phrase:

dar de baja instalaciones

English translation:

write off facilities

Added to glossary by Sonia Maria
Jul 28, 2022 18:42
1 yr ago
34 viewers *
Spanish term

dar de baja instalaciones

Spanish to English Bus/Financial Accounting Informe fiscal
El Grupo ha procedido a dar de baja determinados elementos de su inmovilizado que se encontraban fuera de uso. Adicionalmente, el Grupo ha procedido a dar de baja las instalaciones afectadas por el siniestro por valor neto contable de XXX euros y a registrar una pérdida por deterioro por dicho importe.

¿Cuál sería el término más correcto para "dar de baja una instalación"? To decommission , to write off sería posible en este contexto?

Gracias!
Proposed translations (English)
4 +4 write off facilities
4 to retire plant & equipment > an item of plant
4 decommission facilities/equipment
4 -2 to put facilities out od order

Proposed translations

+4
28 mins
Selected

write off facilities

A write-down reduces the value of an asset for tax and accounting purposes, but the asset still remains some value. A write-off negates all present and future value of an asset. It reduces its value to zero.
Peer comment(s):
agree Wilsonn Perez Reyes : en otro contexto sería: terminate the facilities.
2 hrs
Gracias!
agree ezpz : "write off plant and equipment at book value". En España al menos, dar de baja en contexto contable (e indicando el valor) no significa "decommission" ni "retire", sino declarar la pérdida (el supuesto valor que aún tenía, i.e. la depreciación pendiente).
4 hrs
Exacto. Gracias!
agree Luis M. Sosa : You are absolutely right!
18 hrs
Thank you!
disagree Francois Boye : tangible assets can be written off. Installations are not an accounting concept
21 hrs
I can see you disagree, you posted a different answer.
agree Giovanni Rengifo
22 hrs
Gracias!
agree Andy Watkinson
1 day 17 hrs
Thank you, Andy!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks a lot to everybody for your help!"
3 hrs
Spanish term (edited): dar de baja instalaciones > una instalación

to retire plant & equipment > an item of plant

retirement of plant & equipment: take ouf of circulation & remove from the books.
write off : depreciate an asset to vanishing point or forgive and forget a loan.
Example sentence:

dar de baja un activo English translation: derecognise (or retire) the asset Entered by: Comunican

Reference:

http://www.linguee.com.ar/ingles-espanol/traduccion/retirement+of+property,+plant+and+equipment.html

http://www.wikiwords.org/dictionary/term/271434/541318

Something went wrong...
-2
18 hrs

to put facilities out od order

The said facilities are put out of order because sinisters have hampered their effectiveness
Peer comment(s):
disagree Giovanni Rengifo : This isn't the accounting term of art for "dar de baja." Besides, please note that "sinister" and "installations" are false cognates here.
2 hrs
I disagree! Tangible assets can be written off! But installations are put out of order, The distinction is that installations aren't an accounting concept.
disagree Andy Watkinson : The installations/facilities aren't a "tangible asset"?
23 hrs
neutral Luis M. Sosa : But how we reconcile with the fact that the questions is on accounting, as chosen by the asker.
2 days 9 hrs
Something went wrong...
1 day 21 hrs

decommission facilities/equipment

You commission at first, decommission at the end of their useful life.
Something went wrong...
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