Saneamento de Saldos Contabilísticos

English translation: adjustment of accounting balances

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:Saneamento de Saldos Contabilísticos
English translation:adjustment of accounting balances
Entered by: Ana Costa

09:29 Jun 19, 2020
Portuguese to English translations [PRO]
Bus/Financial - Finance (general) / English UK
Portuguese term or phrase: Saneamento de Saldos Contabilísticos
Banking/Accounting Procedures - Chapter heading

I have researched this and found several alternatives, e.g., recovery, restructuring... but to me it sounds more like "correction of errors in accounting balances" - does it make sense?

Thanks in Advance!
Ana Costa
Portugal
Local time: 08:04
adjustment of accounting balances
Explanation:
Sugestão
Selected response from:

Mario Freitas
Brazil
Local time: 04:04
Grading comment
Obrigada, Mário!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1adjustment of accounting balances
Mario Freitas
4Derecognition of Balances
Mark Robertson
3cleaning accounting balances
Juan Arturo Blackmore Zerón
2Purging (of) balances
Ana Vozone


  

Answers


1 hr   confidence: Answerer confidence 2/5Answerer confidence 2/5
Purging (of) balances


Explanation:
https://www.google.com/search?sxsrf=ALeKk039xZ-mvhwSCSaZ2eW8...
Sugestão.
Tb. "Balances purged"
Fiscal Year Through June 2015, acknowledging that the balances purged include some unknown amount of actual uncollectable amounts.
OECD-wide fiscal policy, as measured by cyclically-adjusted fiscal balances (balances purged of the effect of the automatic stabilisers)

Example sentence(s):
  • •Apply cash to proper accounts and analyze A/R monthly to ensure the purging of balances.
Ana Vozone
Local time: 08:04
Specializes in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 238
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Derecognition of Balances


Explanation:
Na presunção que os saldos em questão são de créditos incobráveis o saneamento em questão seria o desreconhecimento de créditos incobráveis.

https://www.occ.pt/pt/noticias/desreconhecimento-de-creditos...

Derecognition refers to the removal of an asset or liability (or a portion thereof) from an entity's balance sheet. Derecognition questions can arise with respect to all types of assets and liabilities.

https://www.iasplus.com/en/projects/completed/fi/derecogniti...

Mark Robertson
Local time: 08:04
Native speaker of: Native in EnglishEnglish
PRO pts in category: 195
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3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
cleaning accounting balances


Explanation:
https://www.investopedia.com/terms/c/cleanbalancesheet.asp#:...

Juan Arturo Blackmore Zerón
Mexico
Local time: 02:04
Native speaker of: Spanish
PRO pts in category: 8
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3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
adjustment of accounting balances


Explanation:
Sugestão

Mario Freitas
Brazil
Local time: 04:04
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 355
Grading comment
Obrigada, Mário!

Peer comments on this answer (and responses from the answerer)
agree  Adrian MM.: methinks writing-down or -off of book balances > UK tax: capital-allowance balancing-charges https://www.proz.com/kudoz/spanish-to-english/bus-financial/...
30 mins
  -> Thank you, Adrian!
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