Contabilidad (en. Accounting)
/kontaβiliðað/
Meaning & Definition
EnglishSpanish
noun
System used to keep track of a company's financial transactions.
The company's accounting is up to date and reflects its actual situation.
La contabilidad de la empresa está actualizada y refleja su situación real.
Function that allows understanding the financial status and results of an entity.
Accounting is fundamental for making strategic decisions.
La contabilidad es fundamental para tomar decisiones estratégicas.
Records and documents that verify economic transactions.
Accounting reports show all expenses and income for the year.
Los informes de contabilidad muestran todos los gastos e ingresos del año.
Etymology
From Latin 'computare', which means to count or calculate.
Common Phrases and Expressions
analytical accounting
Method that focuses on measuring and analyzing costs.
contabilidad analítica
management accounting
Accounting system oriented towards internal decision-making.
contabilidad de gestión
chart of accounts
List that classifies all the accounts used in accounting.
plan de cuentas
Related Words
accountant
Professional responsible for keeping the accounting of an entity.
contador
audit
Examination and verification of a company's accounts.
auditoría
balance
Document that reflects the asset situation of a company.
balance
Slang Meanings
Clear accounts
In the company, we always have clear accounts thanks to good accounting.
En la empresa, siempre tenemos cuentas claras gracias a la buena contabilidad.
Do the math
I have to do the math to see if I can spend more this month.
Tengo que hacer cuentas para saber si puedo gastar más este mes.