Sep 28, 2023 10:32
8 mos ago
18 viewers *
Portuguese term

abertura de escrita

Portuguese to English Bus/Financial Certificates, Diplomas, Licenses, CVs Academic transcript
On a Portuguese academic transcript for a course to become an Accounting Technician, this is one of the subjects studied as part of the General Accounting course. There is no further information, it's just the title of the module or section of the course, on a list of various other accounting subjects.

Discussion

philgoddard Sep 28, 2023:
This gets only a handful of hits, but it seems to refer to the accounting transactions required to set up the company, ie how you show the owners' contributions. What would we call these?

Proposed translations

+1
2 hrs
Selected

opening of accounting records (ledger account)

I once - indeed, in the age of accounting computer software - attended an Accounting Technician course in Central London, but can't remember such a Module. The (tedious) UK emphasis had rather been on calculating tax.
Example sentence:

Accounting Technician Job: Recording receipts and payments; Preparing and checking ledger balances

How do I open a ledger account? 5 Simple Steps to Write & Prepare Ledger Account How to Write and Prepare Ledger Account Drawing the Form – Get pen and paper, start drawing the ledger account.

Peer comment(s):

agree Mario Freitas :
4 hrs
obrigado and thanks, Mario, for your objective and (non-tactical) vote.
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4 KudoZ points awarded for this answer. Comment: "This is what I've gone with, thanks."
+1
42 mins

bookkeeping initiation

:)
Peer comment(s):

agree Andrew Bramhall : but still better as two words;
8 hrs
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1 day 17 hrs

opening entry/entries

This Portuguese-language video explains what "abertura de escrita" is all about:
https://youtu.be/1H5XIrART-8?si=oq355LPPrn1yV1EA

An opening entry is the initial entry used to record the transactions occurring at the start of an organization. The contents of the opening entry typically include the initial funding for the firm, as well as any initial debts incurred and assets acquired. https://www.accountingtools.com/articles/opening-entry

And here's a more in-depth explanation:

Opening Entry Definition
An opening entry, in accounting, refers to the initial transaction recorded when a new business begins its operations or when a company adopts a new accounting system. It serves as the foundation for maintaining accurate financial records and involves the transfer of assets, liabilities, and equity balances from previous records, if applicable, to the new accounting ledger. This entry marks the starting point for all subsequent financial transactions, ensuring that the accounting books reflect the true financial position of the entity from the outset. https://www.pw.live/exams/commerce/opening-entry/

POINTS TO CONSIDER:

enter: inscribe, register. Ex. enter the names of qualified voters. (Merriam-Webster)

The English word "inscribe" is related to Latin "scribe", which is precisely the root of Portuguese "escrever"!

In other words, "escritura" and "entry" are related words from a semantic point of view!


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Note added at 1 day 17 hrs (2023-09-30 03:58:53 GMT)
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Here's a good example in English of what was explained in the Portuguese video:

"Make open entries on the books of the new company.

3. The National Manufacturing Co., has an authorized capital of
$100,000.00 of which $60,000.00 is paid up and $40,000.00 unsubscribed.
It is decided to permit employes to subscribe for $10,000.00 of the
stock by paying 10 per cent in cash, all dividends declared to be
applied to the payment of subscriptions." https://www.gutenberg.org/cache/epub/46545/pg46545.txt
Peer comment(s):

neutral philgoddard : This is correct in my opinion but, since you keep saying falsely that Portuguese is not one of my languages, my opinion doesn't count.
1 day 10 hrs
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