Accounting entries of non-patent right to use
1. Obtain non-patented technology rights
Borrow: intangible assets
Loans: bank deposits
2. Amortization on a monthly basis.
Debit: management expenses-amortization of intangible assets
Loan: accumulated amortization
3. Tax accrual (excluding additional taxes)
Debit: other business costs
Loan: tax payable
4. Carry forward profit and loss at the end of the month
Debit: other business income
Loan: profit this year
Debit: this year's profit
Credit: other business costs
Step 5 pay taxes and fees
Debit: tax payable
Loans: bank deposits
How to write the accounting entry of leasing non-patented technology?
Debit: bank deposit
Loans: other business income
Debit: other business costs
Loan: accumulated amortization-rental income
What is the amortization method of intangible assets?
Amortization methods of intangible assets include GDP method and straight-line method.
The amortization method of intangible assets chosen by an enterprise should reflect the expected realization mode related to the economic benefits of the intangible assets. If the expected realization mode cannot be determined, intangible assets shall be amortized by the straight-line method.
The enterprise shall amortize the intangible assets on a monthly basis, and the amortization amount shall generally be included in the current profits and losses, and the amortization amount of the intangible assets used by the enterprise shall be included in the management expenses; The amortization amount of intangible assets leased is included in other business costs; The economic benefits contained in intangible assets are realized through products or other assets produced, and the amortization amount shall be included in the cost of related assets.