English translation of "encaissements des clients échus" - "payments due in FY 2017 received at the beginning of FY 2018"

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93 months ago

Kate (a guest user) asked this question:

Language pair:	French > English
Subject:	Business / Marketing / Financial
Level of diffculty:	Easy / medium
Word or term in question:	encaissements des clients échus
Context:	Une hausse de ## K€ qui s’explique principalement des encaissements des clients échus 2017 sur le début de l’exercice 2018. Cette stabilité s’explique par une provision complémentaire de ### K€ et des encaissements des clients échus au 31 décembre 2016 sur le début de l’exercice 2017. customer inflows? past due receivables received? Can't seem to find this exact term
Keywords:	thanks in advance

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93 months ago

wrote:

Payment of missing customers of 2017 were received on 2018.

93 months ago

martynback wrote:

payments due in FY 2017 received at the beginning of FY 2018

My comment:

They balanced the accounts for FY 2017, which means that invoices that should have been paid that year but which were paid in Q1 2018 produce an apparent increase in revenue for 2018.

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