Nominal Account in German, French, Spanish & Italian

What does Nominal Account mean?

An account that is closed at the end of each accounting period, including all income statement accounts.

Nominal Account in a sentence

A nominal account, such as revenue or expenses, is closed at the end of the accounting period.

German

Erfolgskonto

also Nominelles Konto

Konten, die über das Gewinn- und Verlustkonto abgeschlossen werden.

French

compte de charges et de produits

also compte nominal

Compte dont le solde est remis à zéro en fin d'exercice.

Spanish

cuenta nominal

Cuenta que se cierra al finalizar el ejercicio (ingresos y gastos).

Italian

conto economico

Conto il cui saldo concorre alla formazione del risultato d'esercizio.