How to make accounting entries for the transfer of patent use rights

The transfer of patent use right belongs to the problem of renting intangible assets. Specific accounting entries are divided into the following steps:

1. Earn rental income:

Debit: bank deposit

a sum of money

Loans: other business income

a sum of money

2. Carry forward the business tax payable:

Borrow: business tax and surcharges

a sum of money

Loan: taxes payable-business tax payable

a sum of money

(payable business tax amount = rent × business tax rate)

3. Amortize the patent cost:

Debit: other business costs

a sum of money

production cost

a sum of money

Loan: accumulated amortization

a sum of money

(If it is a patent right to produce products, you need to calculate the amortization amount of unit output first, and then divide the amortization amount into rental and self-use.

Amortization amount of unit output = initial cost of patent right ÷ estimated output of production products.

Amortization amount of leased patent right = output of leased enterprise × amortization amount of unit output.

Amortization amount of patent right for private use = enterprise output × amortization amount of unit output)

Note: After an enterprise rents intangible assets, according to the principle of materiality, the amortization of intangible assets generally has the following methods:

1, all included in other business costs, in order to obtain income compensation;

2. Part of it is included in other business costs, compensated by the income obtained, and the other part is included in management expenses or manufacturing expenses.

3, all included in the management costs or manufacturing costs.