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| Subject | Latvian | English |
| comp., MS | laika projekts | time project (An internal project for which only hour transactions are registered) |
| comp., MS | laika un materiālu projekts | time and materials project (A project where the vendor invoices the customer based on work completed on the job. There is a direct relationship between the invoice lines and the usage already performed on the job) |
| comp., MS | laika un materiālu projekts | time and material project (An external project that is invoiced as work progresses based on the consumption of hours, expenses, items, fees, and on-account transactions) |