Fechamento de custos

English translation: closing of the expense accounts

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:fechamento de custos
English translation:closing of the expense accounts
Entered by: Oliver Simões

23:26 Jun 28, 2019
Portuguese to English translations [PRO]
Bus/Financial - Accounting
Portuguese term or phrase: Fechamento de custos
Fica acordado que na função de Auxiliar Administrativo se enquadram: controle de contas a receber e a pagar, fechamento de custos, controle de documentos, departamento pessoal
GRACINDA LEX
closing of the expense accounts
Explanation:
Pelo que entendo, "fechamento" é a etapa do ciclo contábil conhecida como "closing process", conforme explicado abaixo:

"It appears that the accounting cycle is completed by capturing transaction and event information and moving it through an orderly process that results in the production of useful financial statements. Importantly, one is left with substantial records that document each transaction (the journal) and each account’s activity (the ledger). It is no wonder that the basic elements of this accounting methodology have endured for hundreds of years.

There remains one final process known as the closing process."
https://www.principlesofaccounting.com/chapter-4/the-account...

Este vídeo-tutorial explica o ciclo contábil em inglês. No min. 3:24 há uma referência a "closing of the expense accounts": https://youtu.be/-ibQ7j6GFQU

gasto: expense, expenditure
https://michaelis.uol.com.br/moderno-ingles/busca/portugues-...

Selected response from:

Oliver Simões
United States
Local time: 07:03
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5closing of the expense accounts
Oliver Simões
2cost sign-off
Ana Vozone


  

Answers


54 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
cost sign-off


Explanation:
Sugestão.

Example sentence(s):
  • Running cost sign off sessions with Project Management, Engineering and Directors.
  • Final cost sign-off and submissions. * Meet all client deadlines.
Ana Vozone
Local time: 15:03
Works in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 37
Login to enter a peer comment (or grade)

4 hrs   confidence: Answerer confidence 5/5
fechamento de custos
closing of the expense accounts


Explanation:
Pelo que entendo, "fechamento" é a etapa do ciclo contábil conhecida como "closing process", conforme explicado abaixo:

"It appears that the accounting cycle is completed by capturing transaction and event information and moving it through an orderly process that results in the production of useful financial statements. Importantly, one is left with substantial records that document each transaction (the journal) and each account’s activity (the ledger). It is no wonder that the basic elements of this accounting methodology have endured for hundreds of years.

There remains one final process known as the closing process."
https://www.principlesofaccounting.com/chapter-4/the-account...

Este vídeo-tutorial explica o ciclo contábil em inglês. No min. 3:24 há uma referência a "closing of the expense accounts": https://youtu.be/-ibQ7j6GFQU

gasto: expense, expenditure
https://michaelis.uol.com.br/moderno-ingles/busca/portugues-...



Oliver Simões
United States
Local time: 07:03
Works in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 31
Login to enter a peer comment (or grade)



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