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  3. Finance (general)

face à ocorrência do fluxo econômico

English translation: due to the economic flow

15:04 Jan 8, 2018
Portuguese to English translations [PRO]
Bus/Financial - Finance (general)
Portuguese term or phrase: face à ocorrência do fluxo econômico
This has to do with a response that a corporation is giving to the tax authorities regarding what the tax authorities consider to be discrepancies in their tax filing amounts.

Context:

Gostaria a contribuinte de referir que ao abrigo da Lei 7/97, de 10 de Outubro, os serviços incluídos no campo de incidência do imposto, apenas são sujeitos a retenção na fonte em sede de II aquando do seu pagamento.

Ora acresce-se que o XXXXX estabelece o princípio da especialização do exercício, segundo o qual as operações e outros acontecimentos são reconhecidos aquando da sua ocorrência, independentemente da data em que ocorra o respectivo recebimento ou pagamento, sendo registadas e relatadas no período a que digam respeito.

É facto público e notório que o fluxo de tesouraria, em muitos casos, é intempestivo face à ocorrência do fluxo econômico, ou seja, o reconhecimento do custo de um serviço não pressupõe que tenha existido o respectivo pagamento.
Donovan Libring
Local time: 16:35
English translation:due to the economic flow
Explanation:
It is a public and well-known fact that, in many cases, the cash flow is untimely due to the economic flow, that is, acknowledgment of a service cost does not imply that the respective payment has occurred.
Selected response from:

Gilmar Fernandes
United States
Local time: 10:35
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3due to the economic flow
Gilmar Fernandes
4 +2accounting entries are mismatched vis-à-vis actual cash flow
Paulo César Mendes MD, CT
3 +2in light of the economic flow
Daniel Liberman
4given the (state of the) economic flux
Nick Taylor
3(cash flow is, quite often, out of step) with the circular flow of economic activity
Charles R. Castleberry


  

Answers


33 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
due to the economic flow


Explanation:
It is a public and well-known fact that, in many cases, the cash flow is untimely due to the economic flow, that is, acknowledgment of a service cost does not imply that the respective payment has occurred.

Gilmar Fernandes
United States
Local time: 10:35
Works in field
Native speaker of: Native in PortuguesePortuguese, Native in EnglishEnglish
PRO pts in category: 342
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Mario Freitas: Why complicate? And this could be "economy flow" as well. Abraços atleticanos. Lol, poor Fred! Correction: poor me. Fred is very rich.
1 hr
  -> Thanks Mario. Fred sends you regards from Toca da Raposa :)
agree  Patricia Fierro, M. Sc.
4 hrs
  -> Thank you Patricia :)
agree  Carlos Abelheira
23 hrs
  -> Obrigado, Abelheira :)
Login to enter a peer comment (or grade)

44 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
(cash flow is, quite often, out of step) with the circular flow of economic activity


Explanation:
as the "öu seja" wording submits a straight-forward explanation, I suggest ....
cash flow is, quite often, out of step with the (occurring) circular flow of economic activity ... for o fluxo de tesouraria, em muitos casos, é intempestivo face à ocorrência do fluxo econômico
https://www.google.com/search?biw=1024&bih=457&ei=co9TWreRLY...

Charles R. Castleberry
United States
Local time: 09:35
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
given the (state of the) economic flux


Explanation:
given the economic flux


    Reference: http://rotzandstonesifer.com/dealing-with-the-economic-flux/
Nick Taylor
Local time: 15:35
Native speaker of: Native in EnglishEnglish
PRO pts in category: 36
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1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
in light of the economic flow


Explanation:
This is my suggestion:

in light of (or in the light of) the economic flow.

Daniel Liberman
United States
Local time: 10:35
Specializes in field
Native speaker of: Native in PortuguesePortuguese, Native in EnglishEnglish
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Oliver Simões
8 mins
  -> Grato, Oliveira.
agree  JohnMcDove
4 hrs
  -> Thank you, John.
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6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
accounting entries are mismatched vis-à-vis actual cash flow


Explanation:
I understand that the service was accounted for because the company had to accrue the costs, but not actually paid (or at least not paid within the relevant accounting cycle).

The phrasing could be:
"It is well known that accounting entries are often mismatched vis-à-vis cash flow, i.e., the fact that the cost of a service was accounted for does not always imply that it was actually paid."



Paulo César Mendes MD, CT
United States
Local time: 09:35
Native speaker of: Portuguese
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
agree  T o b i a s
13 hrs
agree  Richard Purdom: nicely worded
22 hrs
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