non-monetary transaction
[non-MUN-uh-ter-ee tran-ZAK-shun]
nounpl: non-monetary transactions
transação não-monetária
1. An exchange of goods, services, or assets that does not involve the direct use of money or currency as consideration
The barter agreement between the two companies was considered a non-monetary transaction for accounting purposes.
O acordo de troca entre as duas empresas foi considerado uma transação não-monetária para fins contábeis.
2. A business exchange where value is transferred through means other than cash payment, such as trade, barter, or in-kind contributions
The donation of equipment to the charity was recorded as a non-monetary transaction in their annual report.
A doação de equipamentos para a caridade foi registrada como uma transação não-monetária em seu relatório anual.
3. In accounting, any transaction involving the transfer of assets or liabilities that does not result in a cash flow
Stock-for-stock exchanges are typical examples of non-monetary transactions in corporate mergers.
As trocas de ações por ações são exemplos típicos de transações não-monetárias em fusões corporativas.
In Brazil, non-monetary transactions are increasingly common in small businesses and cooperatives, particularly in agricultural sectors and informal trade agreements. For tax and accounting purposes, these must be reported to the Brazilian tax authority (Receita Federal) at fair market value, even though no money changes hands. In the USA, the IRS requires non-monetary transactions to be recorded at fair market value for tax reporting purposes.
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