R&D expenses refer to the expenses paid for the research and development of a project. The R&D expenses incurred by the enterprise are included in the R&D expenditure account; This course accounts for all expenses incurred by enterprises in the process of research and development of intangible assets. Enterprises can set up "expensed expenditure" and "capitalized expenditure" for detailed accounting according to R&D projects. The specific accounting entries are:

1. R&D expenses incurred by enterprises in developing new products:

Debit: R&D expenditure-expense expenditure

R&D expenditure-capitalized expenditure

Loan: raw materials

Wages payable

bank deposit

2. Carry-over expenses and capitalized expenses:

Borrow: management fee

Loan: R&D expenditure-expense expenditure

Borrow: intangible assets

Loan: R&D expenditure-capitalized expenditure

Management expenses refer to the expenses incurred by enterprises for organizing and managing production and operation. Including: start-up expenses, company funds, trade union funds, directors' dues, legal fees, business entertainment expenses, property taxes, travel taxes, land use taxes, stamp duties, and technology transfer fees incurred in the operation and management of enterprises or borne by enterprises.

Intangible assets refer to identifiable non-monetary assets that have no physical form and are owned or controlled by enterprises. It usually includes patent right, non-patent right, trademark right, copyright, franchise right and land use right.

Characteristics of intangible assets

Resources owned or controlled by an enterprise that can bring it future economic benefits.

1. Intangible assets have no physical form.

2. Intangible assets are identifiable.

3. Intangible assets belong to non-monetary assets.