Terminology (bookkeeping)

I'm already struggling with bookkkeeping terminology in Dutch, my native language. And the more in English. Let's use this article to keep terms & translations consistent.

Terminology

Accounts payable

NL:

• Krediteuren - Crediteuren?
• On balance sheet, this seems to be called Handelskrediteuren

Accounts receivable

NL: Debiteuren

BTW: Verschuldigd

EN:

• VAT: Due
• Maybe: BTW: Due, but I tend to call it VAT

BTW: Voorbelasting

This is VAT that has been charged to the business as part of purchases on behalve of the business:

• NL: BTW: Voorbelasting
• EN: VAT: Pretax.

Debit

• EN: Debit
• NL: Debit.

Handelskrediteuren

This means the same as leverancierskrediteuren: Credit or float from suppliers.

EN:

• → Accounts payable
• (Supplier credit - Supplier creditors)
• (Trade credit? - Trade creditors?_

Onttrekking privé

• Private withdrawal
• Withdrawal private?

Rekening-courant

• Current account
• (Checking account)

Revenue

• NL: Omzet
• EN: Revenue - Not turnover.