Glossary entry

Portuguese term or phrase:

créditos obras a receber

English translation:

CAR [construction, alteration, repair] receivables

Added to glossary by Gilmar Fernandes
Feb 4, 2015 18:53
9 yrs ago
5 viewers *
Portuguese term

créditos obras a receber

Portuguese to English Bus/Financial Accounting
This term appears on a Trial Balance from Brazil under the headings "Ativo" and "Não-Circulante." Any suggestions would be greatly appreciated!
Change log

Feb 18, 2015 05:16: Gilmar Fernandes Created KOG entry

Discussion

Vitor Pinteus Feb 5, 2015:
They are under the headings "Ativo"/"Assets" and "Não-Circulante"/"Non-current" because they are "Long-term Notes Receivables", that is, they aren't expected to be received or become cash within the next year.
see links:
1. ("noncurrent asset"): http://www.investorwords.com/3313/noncurrent_asset.html
2. ("current and non-current assets", "Long-term Notes Receivable"): http://simplestudies.com/difference-between-current-and-nonc...

I found the expression "construction receivables" related with GAAP, credits and non-current assets, but I believe that the expression that Gilmar suggested ("CAR receivables") may as well be used in Accounting and Balances.
1. ("GAAP credits "construction receivables" "non-current assets"): https://www.google.pt/webhp?sourceid=chrome-instant&ion=1&es...

Proposed translations

+3
13 mins
Selected

CAR [construction, alteration, repair] receivable

Suggestion

http://www.businessdictionary.com/definition/construction-al...

http://www.businessdictionary.com/definition/receivable.html



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Note added at 16 mins (2015-02-04 19:09:44 GMT)
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correction: it should be "receivableS"

Receivable

Accounting term for amount due from a customer, employee, supplier (as a rebate or refund), or any other party. Receivables are classified as accounts receivable, notes receivable, etc., and represent an asset of the firm.
.........................................................................

C.A.R.
Umbrella term that includes all types of work done at a site or on real property, including alterations, painting, remodeling, transportation of construction and furnishing goods and material etc., undertaken by a contractor or sub-contractor.




Peer comment(s):

agree Mario Freitas :
25 mins
Thank you, my friend.
agree Paulinho Fonseca : Good reference, Gilmar.
57 mins
Thanks Paulinho :)
agree Vitor Pinteus : vd discussion. "CAR receivables" is very feasible.
7 hrs
Muito obrigado, Vítor :)
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
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