avräknas

Avräkas is a Swedish verb form used to describe the act of settling accounts, balancing amounts, or offsetting credits and debits. The accompanying noun is avräkning, while the related verb avräkna means to settle or reconcile. Avräkas is typically used in passive or impersonal constructions, where the subject performing the settlement is not specified.

Avräkning refers to the process of bringing together financial records so that obligations between two or more parties are settled. This can involve netting one amount against another, confirming receipts, and completing the transfer of funds to close a transaction. The concept is used in several domains, including business-to-business invoicing, banking and payments, and securities trading, as well as in administrative contexts where balances between authorities and entities must be reconciled.

Common contexts include: reconciling invoices and payments between a company and its suppliers or customers; clearing and settlement between banks or payment processors; and the settlement of securities trades after clearing. In public administration, avräkning may occur when settling tax accounts, grants, or other financial settlements with entities.

Process and outcomes typically involve matching records in accounting systems, calculating the final net amounts, applying payments or credits, and producing a settlement statement. Once avräkningen is completed, relevant ledgers are updated to reflect the final balances and the parties’ accounts are considered closed for the period or transaction.

See also: avräkning, avstämning, netting, settlement.