The Chinese expression “账实相符” can be translated into the English “Reconciliation” and other terms. A translation guide for various contexts is provided below.
Contexts
Accounting
Translation Equivalents
- Reconciliation
Evidence for Translation Approach
According to the PRC National People’s Congress:
“会计法要求账实相符，是指会计账簿记录与实物及款项的实有数额相符。”
According to GoCardless, a major payment processor:
“Reconciliation is an accounting process which SMB owners and their accountants need to perform to ensure that the correct balances are recorded within their accounts.”