How to deal with the depreciation of management patent technology

1. The patented technology used for management belongs to intangible assets, not fixed assets, not depreciation, but amortization.

2. Manage accounting entries for amortization of patented technology.

Debit: management expenses-amortization of intangible assets

Loan: accumulated amortization-xx intangible assets

Extended reading:

Cumulative amortization is used to amortize intangible assets, and its balance is generally registered with the lender, who has accrued cumulative amortization. Similar to the accumulated depreciation account in fixed assets. Cumulative amortization account is an asset account, which is used to calculate the amortization of intangible assets.