Nov 24, 2020 09:51
3 yrs ago
40 viewers *
Spanish term

gasto suplido

Spanish to English Bus/Financial Accounting EDI, e-billing, taxation
SPAIN. I'm puzzled, because sometimes "suplido" is translated as "supply/supplied", which doesn't seem to fit the definition here.

"Un gasto suplido es un gasto que un profesional tiene a cuenta de un tercero. Es decir, se trata de un gasto que el profesional paga en nombre del cliente, quien posteriormente asumirá este importe."

Discussion

Francois Boye Nov 24, 2020:
why not third party expense? Sb is paying for a third party.
Jessica Higham Nov 24, 2020:
Disbursement or advance payment vs expenses A "suplido" is a payment paid on behalf of a client. A chargeable expense can be a meal or a taxi that is invoiced to the person paying, and not the client. This is an important distinction, especially regarding tax issues.

Proposed translations

4 hrs
Selected

third party expense

Third Party Expenses means out-of-pocket expenses incurred by a Party or any of its Affiliates for services performed by a Third Party on behalf of Company or MacroGenics in the course of such Party's performance of this Agreement.

Source: https://www.lawinsider.com/dictionary/third-party-expenses#:...
Note from asker:
This looks promising, and it's self-explanatory.
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4 KudoZ points awarded for this answer. Comment: "I'm going for this option because it makes more sense to me. "Disbursement" could be correct, but I usually see it as "desembolso" in Spain. Thanks to everyone who contributed on this query, your suggestions and comments are really helpful."
+1
7 mins

chargeable expenses

Note from asker:
Interesting. I'm doing something else now, so I'll come back here in a day or to to see if any other suggestions come in.
Peer comment(s):

agree matt robinson
25 mins
Thank you, matt. Best!
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+1
1 hr

out-of-pocket expense

another way of saying it
Peer comment(s):

agree Andy Watkinson
19 mins
neutral Francois Boye : there is a third party you are not factoring in
3 hrs
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+2
1 hr

disbursement

"Disbursement payments occur when you purchase something on behalf of your client and pass that cost over to them in your invoice. "

http://www.taxagility.com/contractors-invoice-for-expenses/

"A disbursement is a form of payment from a public or dedicated fund. Alternatively, it means a payment made on behalf of a client to a third party for which reimbursement is subsequently sought from the client...Disbursements paid by an undertaker on behalf of a bereaved family generally include cemetery or crematorium costs, costs for religious worship and any newspaper announcements."

http://en.wikipedia.org/wiki/Disbursement
Note from asker:
Curiouser and curiouser ... I'll be back....
Peer comment(s):

agree Jessica Higham : This is what it was called in a law firm where I worked, and included as such in invoices to English speaking clients.
16 mins
Thanks Jessica
agree Yvonne Gallagher : https://www.investopedia.com/terms/d/disbursement.asp#:~:tex...
12 hrs
Thanks Yvonne
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