Umsatz (bank statements)

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Golazo

Senior Member
english
Im not sure how to translate Umsatz on a Swiss bank statement. It's given as both a debit AND a credit on the same line of the statement.

Is it just 'Transaction'?
 
  • berndf

    Moderator
    German (Germany)
    Turnover.

    The amount shown on the debit side is the sum of all amounts debited in the reporting period and is called debit turnover.
    The amount shown on the credit side is the sum of all amounts credited in the reporting period and is called credit turnover.
     
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