Baja bienes inversión

English translation: write off or retirement of capital assets

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Baja bienes inversión
English translation:write off or retirement of capital assets
Entered by: patinba

09:51 Oct 9, 2020
Spanish to English translations [PRO]
Bus/Financial - Law: Taxation & Customs / Taxation, EDI, billing
Spanish term or phrase: Baja bienes inversión
SPAIN. This term or string appears on its own as part of a billing software program. I understand "bienes inversión" to be investment goods or capital goods, but the problem is what "baja" refers to in this case. I often translate it as cancellation or deregistration, but I'm not sure exactly what it means here.
neilmac
Spain
Local time: 17:58
write off of a capital asset
Explanation:
Contabilidad-Libros-IRPF-Bienes de Inversión_bajawww.infolex.es › doc › Contabilidad...
Baja de un Bien de Inversión. Descripción. En el momento en el que un bien de inversión deje de estar afecto a la actividad del despacho, se deberá registrar la baja
What Is a Capital Asset? - Investopediawww.investopedia.com › ... › Financial Statements
Sep 29, 2020 — However, most capital expenses cannot be claimed in the year of purchase, but instead must be capitalized as an asset and written off to ...
Selected response from:

patinba
Argentina
Local time: 13:58
Grading comment
Thanks to everyone who collaborated on this query. I still haven't had any response from the Client, so if they can't be bothered, neither can I.
4 KudoZ points were awarded for this answer



Summary of answers provided
4write off of a capital asset
patinba
4discount for investment goods
Francois Boye
3Retirement of capital goods
Adrian MM.


Discussion entries: 5





  

Answers


3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
write off of a capital asset


Explanation:
Contabilidad-Libros-IRPF-Bienes de Inversión_bajawww.infolex.es › doc › Contabilidad...
Baja de un Bien de Inversión. Descripción. En el momento en el que un bien de inversión deje de estar afecto a la actividad del despacho, se deberá registrar la baja
What Is a Capital Asset? - Investopediawww.investopedia.com › ... › Financial Statements
Sep 29, 2020 — However, most capital expenses cannot be claimed in the year of purchase, but instead must be capitalized as an asset and written off to ...


patinba
Argentina
Local time: 13:58
Native speaker of: Native in EnglishEnglish
PRO pts in category: 251
Grading comment
Thanks to everyone who collaborated on this query. I still haven't had any response from the Client, so if they can't be bothered, neither can I.
Notes to answerer
Asker: So far I've been calling it a cancellation, and apparently (according to Linguee, anyway) a write off in Spanish is "cancelación", so we can't be far off. I intend to contact the client directly in the next few days if they don't respond to my online queries.


Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: It could be a writedown as well. And it's bienes, plural.
6 hrs
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5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
discount for investment goods


Explanation:
This looks like a compacted expression. I surmise that:

baja bienes inversión = baja por bienes de inversión

Francois Boye
United States
Local time: 12:58
Native speaker of: Native in FrenchFrench
PRO pts in category: 44
Notes to answerer
Asker: Yes, it is a truncated expression, and the lack of context makes it difficult to decide what they actually mean. I don't think it will be a discount, but I intend to ask the client directly in the next few days if they don't respond to my online queries.

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10 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Retirement of capital goods


Explanation:
Assets, plant & equipment, like people but without protesting about raising of the retirement age, can be 'retired off', namely taken out of service.

Retirement of assets : file mentally for future ref. or, as an Edinburgh Sheriff / Magistrate once quipped to me, 'take the word and stamp it on yer ... for'ead'.

Example sentence(s):
  • An asset is counted as retired when it is permanently removed from service. Asset retirement can occur in processes such as a sale to another party or disposal due to obsolescence

    Reference: http://smallbusiness.chron.com/accounting-asset-retirement-7...
    Reference: http://www.thefreedictionary.com/capital+goods
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 72
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