Mercadería en Tránsito

Discussion in 'Financial Terms' started by CyH, Jan 3, 2011.

  1. CyH Member

    Buenos Aires
    Argentinean Spanish
    Hello everybody:

    I need an English translation for "Mercadería en Transito". It refers to a specific status in Accountancy for those goods that have been purchased but have not reached their final destination (they are being transferred from one place to another). Since these goods have a market value, they have to be registered in books even when they are not physically in the inventory.

    My first guess would be "Goods in Transfer", but I guess there must be a specific word in accounting.

    Thanks in advance for the help.

  2. Adolfo Afogutu

    Adolfo Afogutu Senior Member

    Inventories/stocks/goods in transit or in-transit inventories/stocks/goods.
  3. CyH Member

    Buenos Aires
    Argentinean Spanish
    Thank you, Adolfo!

    Happy New Year


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