Enterprises should amortize the intangible assets they hold in accordance with regulations. When accounting for the amortization of intangible assets, the accounting entries are different for different uses.

Accounting treatment of amortization of intangible assets

1. From the perspective of corporate accounting standards:

(1) The enterprise has not yet implemented the new accounting standards, then The accounting entries for amortization of intangible assets are:

Debit: administrative expenses - amortization of intangible assets

Credit: intangible assets

(2) Enterprise execution If the new accounting standards are adopted, the accounting entries for amortization of intangible assets are:

Debit: administrative expenses - amortization of intangible assets

Credit: accumulated amortization

2. We start from the purpose of intangible assets:

(1) The amortization of intangible assets for self-use is all included in management expenses;

(2) For self-use and rental The amortization of intangible assets is all included in other business costs;

3. The intangible assets are specifically used to produce a certain product or other assets, and the economic benefits contained in them can be achieved through the production of products or other assets. If other assets are realized, their amortization amount shall be included in the cost of related assets.

For example: Trademark registration fees are intangible assets. When amortizing trademark registration fees, they should be amortized according to the service life of the trademark and included in management fees after amortization. The specific accounting entries are as follows:

At the time of amortization

Debit: intangible assets - amortization of trademark registration fees

Credit: bank deposits

At the time of amortization (according to the old Amortized according to new accounting standards)

Debit: administrative expenses

Credit: intangible assets

Amortized according to new accounting standards:

Debit: Administrative expenses - amortization of trademark registration fees

Credit: Accumulated amortization

What are intangible assets?

Refers to identifiable non-monetary assets without physical form. Intangible assets can be divided into broad and narrow senses. Intangible assets in a broad sense include monetary funds, financial assets, long-term equity investments, patent rights, trademark rights, etc., because they do not have physical entities, but are expressed as certain legal rights or technologies. However, in accounting, intangible assets are usually understood in a narrow sense, that is, patent rights, trademark rights, etc. are called intangible assets.