Error account

Portuguese translation: conta de erros

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Error account
Portuguese translation:conta de erros
Entered by: Luana Fernandes

19:34 Jul 12, 2013
English to Portuguese translations [PRO]
Bus/Financial - Economics
English term or phrase: Error account
Monitoring and Usage of the Error Account
Although the Audit has shown no evidence of significant improper activity, the control environment surrounding the use and monitoring of the error account could benefit from review.
Luana Fernandes
Brazil
Local time: 06:23
conta de erros
Explanation:
http://en.wikipedia.org/wiki/Error_account
Selected response from:

davidfw1866
United States
Local time: 04:23
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1conta para/de transações com erros
Marlene Curtis
3 +1conta de erros
davidfw1866


  

Answers


2 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
error account
conta de erros


Explanation:
http://en.wikipedia.org/wiki/Error_account

davidfw1866
United States
Local time: 04:23
Specializes in field
Native speaker of: English
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Claudio Mazotti
5 mins
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44 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
error account
conta para/de transações com erros


Explanation:
Para a armazenagem temporária de transações com erros. Veja abaixo.

An error account is a type of class or account that is often used in accounting situations to temporarily store transactions related to errors in trading activity. The idea behind the error account is to keep track of the transaction until the origin of the error is identified and resolved. At that point, the mistake is moved from the account and posted to the correct account within the bookkeeping records. This approach is considered to be in line with generally accepted accounting principles and serves as an efficient means of keeping track of situations that require additional scrutiny before making a final posting

http://www.wisegeek.com/what-is-an-error-account.htm


Marlene Curtis
United States
Local time: 05:23
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 177

Peer comments on this answer (and responses from the answerer)
agree  Eline Rocha Majcher
5 hrs
  -> Grata!
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