Mar 18, 2023 17:48
1 yr ago
15 viewers *
Portuguese term

contas refletidas

Portuguese to English Bus/Financial Accounting
This is the last item listed on a trial balance from Portugal.

IATE has this listed as "cost control account" or "financial bookkeeping cost account", but I've also seen "reconciled accounts" suggested. Can anyone shed any more light on this?

Thanks in advance!
Proposed translations (English)
3 +1 liaison accounts
3 shadow accounting

Proposed translations

2 hrs

shadow accounting

Understandably, the IATE entries have no detailed explanation, but the second weblink at 20.5. gives a clue about preparation of a trial balance for transferring (primary) transactions to linked or 'reconciled' cost journal entries.
Example sentence:

For instance, hedge funds may want to reconcile their trial balance to the administrator's trial balance at the end of the month when they are cutting a NAV.

IATE: pt contas refletidas COM en cost control account COM financial bookkeeping cost account COM

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+1
2 hrs

liaison accounts

Contas refletidas = contas de ligação ou contas compensatórias (são a mesma coisa e têm a mesma finalidade).
https://www.google.com.br/search?q=balance "liaison accounts...

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Note added at 2 hrs (2023-03-18 20:12:08 GMT)
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https://glosbe.com/en/en/liaison account
https://www.imf.org/-/media/Files/Data/Statistics/BPM6/BPTT/...
Note from asker:
Thank you!
Peer comment(s):

agree Andrew Bramhall
1 hr
Thanks, Andrew!
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