R&D expenditure refers to the depreciation of assets, the consumption of raw materials, the wages and welfare expenses of the personnel directly involved in the development, the rent and borrowing expenses incurred in the development process. These belong to the category of R&D expenditure and must belong to intangible assets. Intangible assets also include monetary funds, accounts receivable, financial assets, long-term equity investment, patent rights, trademark rights and so on.
Extended data
Relevant accounting treatment of R&D expenditure includes:
(1) If the R&D expenditure incurred by the enterprise in developing the intangible assets by itself does not meet the capitalization conditions, the account (expense) shall be debited; Those who meet the capitalization conditions shall be debited to the account (capitalized expenditure) and credited to the accounts such as raw materials, bank deposits and employees' salaries payable.
(two) the ongoing research and development projects obtained by enterprises in other ways shall be debited to the subjects (capitalized expenditures) and credited to the subjects such as "bank deposits" according to the determined amount. The R&D expenditure incurred in the future shall be treated according to the above (1).
(3) If the research and development project achieves its intended purpose and forms intangible assets, it shall debit the "intangible assets" account according to the balance of the account (capitalized expenditure) and credit the account (capitalized expenditure).
(4) At the end of the period, the enterprise shall transfer the amount of expenses collected in this account to the account of "R&D expenses", debit the account of "R&D expenses" and credit this account (expenses).
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