TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PREPAID EXPENSE [3 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2007-09-26

English

Subject field(s)
  • Financial Accounting
  • Taxation
DEF

A short-term expense prepayment; an expenditure, other than an outlay for inventory or a capital expenditure, which is expected to yield its benefits in the near future and meanwhile is carried forward to be charged to expense in the near future.

OBS

See related term: deferred charge.

OBS

Source: Income Tax Act, section 18(9).

Key term(s)
  • prepaid expense
  • prepayment

French

Domaine(s)
  • Comptabilité générale
  • Fiscalité
DEF

Dépenses engagées en vue de s'assurer un avantage à brève échéance. Le plus souvent, elles ont été payées avant que l'avantage en soit tiré, sinon on parle plutôt de charges constatées d'avance. Ces dépenses, qui doivent figurer à l'actif, sont subséquemment passées en charges, le plus souvent au moyen d'une écriture de régularisation.

CONT

Les charges payées d'avance, qui ne comprennent pas les dépenses en immobilisations ou les achats de marchandises, représentent généralement des services à recevoir et constituent, en un sens, des créances en nature.

OBS

Le terme «dépenses payées d'avance» est tiré de l'article 18(9) de la Loi de l'impôt sur le revenu.

Key term(s)
  • charge payée d'avance
  • frais payé d'avance

Spanish

Campo(s) temático(s)
  • Contabilidad general
  • Sistema tributario
Save record 1

Record 2 2001-07-25

English

Subject field(s)
  • Financial and Budgetary Management
  • Government Accounting
CONT

Authority Coding Rationale : It is assumed that the prepaid expense will be charged to the Operating Vote(B12A), but it could also be charged to the Program Vote(B11A) depending on the Department's vote structure.

French

Domaine(s)
  • Gestion budgétaire et financière
  • Comptabilité publique
CONT

Justification du code d'autorisation : les salaires et traitements sont imputés à partir du crédit pour dépenses en capital, de programmes ou de fonctionnement, selon la structure des crédits du ministère.

Spanish

Save record 2

Record 3 1998-09-28

English

Subject field(s)
  • Financial Accounting
DEF

The amount ... deferred ...

OBS

to carry forward : To defer the classification of an item of revenue or expense as nominal until such time as the revenue is earned, or the benefit is received from the expenditure; during the interval it appears on a balance sheet as deferred revenue or prepaid expense.

French

Domaine(s)
  • Comptabilité générale
DEF

Partie du bénéfice d'un exercice qui n'est pas distribuée et qui sera ajoutée au bénéfice suivant.

Spanish

Save record 3

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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