Fechamento (mensal)

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14:50 Jul 7, 2018
Portuguese to English translations [PRO]
Bus/Financial - Accounting
Portuguese term or phrase: Fechamento (mensal)
Conjunto de atividades relacionadas ao encerramento de um período contábil (mensal, por exemplo) de uma empresa.
franstef
Brazil
Local time: 17:15


Summary of answers provided
4 +2(monthly) close
Teresa Borges
4 +1Month-end closing // Quarter-end closing // Year-end closing
Tatiana Kanhouche


  

Answers


17 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
(monthly) close


Explanation:
Sugg.

In accounting the monthly close is the processing of transactions, journal entries and financial statements at the end of each month. Under the accrual method of accounting, it is imperative that the financial statements reflect only the transactions and journal entries having relevance to the current month's revenues and expenses, and end-of-the-month assets and liabilities. Expressed another way, the monthly close must achieve a proper cutoff of each month's financial activities.
https://www.accountingcoach.com/blog/what-is-the-monthly-clo...

Teresa Borges
Portugal
Local time: 21:15
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 7

Peer comments on this answer (and responses from the answerer)
agree  Antonio Tomás Lessa do Amaral
47 mins
  -> Obrigada, Antonio!

agree  Ana Vozone
2 hrs
  -> Obrigada, Ana!
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Month-end closing // Quarter-end closing // Year-end closing


Explanation:
An accounting procedure undertaken at the end of the month to close out the current posting period.
http://www.businessdictionary.com/definition/month-end-closi...

http://www.businessdictionary.com/definition/year-end-closin...

Tatiana Kanhouche
Brazil
Local time: 17:15
Native speaker of: Native in PortuguesePortuguese

Peer comments on this answer (and responses from the answerer)
agree  Gilmar Fernandes
32 mins
  -> Obrigada, Gilmar!
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