If the intangible asset is not expected to bring economic benefits to the enterprise, for example, the intangible asset has been replaced by other new technologies, it should be scrapped and written off, and its book value should be transferred to the current profit and loss.
When writing off,
should be based on the accumulated amortization that has been provided,
debit the "accumulated amortization" account;
According to its book balance,
the "intangible assets" account is credited; according to the difference,
the "non-operating expenses" account is debited.
If impairment provisions have been made, impairment provisions should also be carried forward at the same time.
When a company's intangible assets are scrapped, the price obtained after deducting the book value of the intangible assets and sales-related taxes and fees shall be accounted for as non-operating income or non-operating expenses.
Intangible assets refer to identifiable non-monetary assets that have no physical form and are owned or controlled by an enterprise. It mainly includes patent rights, non-patented technologies, trademark rights, copyrights, franchise rights, etc.
If it meets one of the following conditions, it is considered to be identifiable:
It can be separated or divided from the enterprise. And can be used for sale, transfer, licensing, lease or exchange, alone or together with related contracts, assets or liabilities.
Derive from contractual or other legal rights, whether or not these rights are transferable or separable from the enterprise or other rights and obligations.
The existence of goodwill cannot be separated from the enterprise itself, is not identifiable, and is not an intangible asset.
Intangible assets mainly include patent rights, non-patented technologies, trademark rights, copyrights, land use rights and franchise rights, etc.
Intangible assets can only be recognized if they meet the following conditions at the same time:
The economic benefits related to the intangible assets are likely to flow into the enterprise;
The intangible assets Costs can be measured reliably.
Enterprise-generated goodwill and internally generated brands, newspaper names, etc. are not recognized as intangible assets because their costs cannot be measured reliably.