Number of months = 5 years * 12 months = 60 months; monthly amortization amount = original value of patent purchase 100,000/60 months, which is approximately equal to 1,666.67 yuan;
This intangible asset Cumulative amortization = monthly amortization of 1,666.66 yuan * 59 months, 1,667.06 * 1 month = 100,000 yuan
The enterprise amortizes intangible assets from the time when the intangible assets are available for use until they are no longer used. When intangible assets are recognized.
The amortization method of intangible assets selected by the enterprise should reflect the expected realization method of the economic benefits related to the intangible asset. If the expected realization method cannot be reliably determined, straight-line amortization shall be used.
The amortization amount of intangible assets should generally be included in current profits and losses (administrative expenses, other business costs, etc.). If the economic benefits contained in an intangible asset are realized through the products or other assets produced, its amortization amount shall be included in the cost of the relevant asset.
Enterprises should at least review the service life and amortization method of intangible assets with limited service life at the end of each year. If the useful life and amortization method of an intangible asset are different from previous estimates, the amortization period and amortization method should be changed.
Extended information:
Accounting:
1. Intangible assets with limited amortization scope and limited service life should be amortized, and their residual value is usually regarded as zero. .
Intangible assets with indefinite useful lives should not be amortized, but provision for impairment must be made.
2. Amortization time Enterprises should amortize intangible assets on a monthly basis. Intangible assets with limited service life shall be amortized from the month they are available for use (that is, they reach their intended use), and shall not be amortized in the month of disposal.
3. For intangible assets that are used by the enterprise for its own use, the amortization amount is included in administrative expenses;
For intangible assets that are leased, the amortization amount is included in other business costs;
If the economic benefits contained in an intangible asset are realized through the products or other assets produced, its amortization amount shall be included in the cost of the relevant asset.