Memo accounts are typically used for maintaining tax accounts. A memo account behaves much like an account except that it contains amounts of money which is not real money.

Memorandum accounts are notional accounts to record the accumulated balance of surpluses and deficits incurred for outputs operating on a full cost recovery basis. They are intended to provide a long-run perspective to the pricing of outputs. The structure and opening balance of each memorandum account is to be approved by the Minister of Finance and Responsible Minister.

На руски: мемориальный счёт