| English | Latvian |
| asset book | pamatlīdzekļu grāmata (Accounting records (ledgers or journals) for a specific reporting purpose, such as financial or taxes) |
| asset group | pamatlīdzekļu grupa (A collection of assets that share one or more specific characteristics) |
| fixed asset | pamatlīdzeklis (An accounting classifier used to classify any long-term asset whose cost expiration is recognized over more than one year) |
| fixed asset addition | pamatlīdzekļa papildinājums (An add-on item to a fixed asset that is considered part of the fixed asset and is not tracked as its own fixed asset, such as an extra battery for a laptop. Typically, an add-on item is maintenance or an improvement and relates to a write-up adjustment) |
| fixed asset group | pamatlīdzekļu grupa (A set of characteristics that are assigned to a fixed asset. The fixed asset inherits the characteristics (such as type, number sequences, and default value models) from the group) |
| intangible fixed asset | nemateriālais pamatlīdzeklis (A non-physical fixed asset that a company uses to conduct its business) |
| liquid asset | naudas līdzekļi (An asset that is cash or easily converted into cash) |
| low-cost asset | lētie aktīvi (In Australia, a depreciating asset that costs less than $1,000 (after GST credits or adjustments) as of the end of the income year when an organization starts to use it or when it is installed and ready for use for a taxable purpose) |
| low-value asset | mazvērtīgie aktīvi (In Australia, a depreciating asset that is not a low-cost asset but which has an opening net book value less than $1,000 (as of July 1 in the year that it is allocated to the pool), and for which the organization has previously worked out any deduction using the reducing balance depreciation method) |
| software asset management | programmatūras aktīvu pārvaldība (A best practice incorporating a set of proven processes and procedures for managing and optimizing the purchase, deployment, maintenance, utilization, and disposal of software applications within an organization. SAM practice helps to manage risk from counterfeit as well as improperly licensed software) |
