What is the item of accumulated amortization in the accounting statement?

The specific process is as follows: Step 1: The financial accountant reviews the original vouchers collected, reviews the legitimacy and authenticity of the bills, and signs the original vouchers after the audit and submits them to the financial manager for review and signature The second step:

Classify the original voucher signed by the financial manager and hand it over to the general manager for approval Step 3: Make the accounting voucher after the original voucher approved by the general manager, and print it for the financial manager to review.

Accumulated amortization is used to amortize intangible assets, and its balance is generally on the credit side, and the credit side registers the accumulated amortization that has been accrued. Similar to the accumulated depreciation account in a fixed asset.

Just as accumulated depreciation is accounted for separately for fixed assets, a new level of "accumulated amortization" is added to intangible assets

Just as accumulated depreciation is accounted for separately for fixed assets, a new level of "accumulated amortization" is added to intangible assets

1. This account accounts for the accumulated amortization of intangible assets with limited useful life.

2. This account should be accounted for in detail according to the intangible asset items.

3. The enterprise accrues the amortization of intangible assets on a monthly basis, debits the accounts of "management expenses" and "other business expenses", and credits this account.

4. The credit balance at the end of the period reflects the accumulated amortization of the intangible assets of the enterprise.

Similar to the accumulated depreciation account, it is reported as an allowance account for intangible assets (intangible assets in the intangible assets column of the balance sheet, debit amount of intangible asset account - credit amount of accumulated amortization account).

On the balance sheet, expenses to be amortized.

1. Accumulated amortization is a provision account for intangible assets, which is a first-level account. However, this item is not included in the balance sheet, and the "intangible assets" item in the balance sheet is based on the balance of the "intangible assets" account of the general ledger minus the "accumulated amortization".

2. The new system adds a new first-level account of "accumulated amortization" to intangible assets, which is an allowance account for "intangible assets", which is an asset account, with an increase in the credit statement and a decrease in the debit statement.

Its role is actually similar to the "accumulated depreciation" of fixed assets, the old balance sheet does not have it, and when making statements, the balance obtained by subtracting the accumulated amortization from the intangible assets can be directly put into the intangible assets.

1. Intangible assets are long-term assets, and intangible assets with a limited useful life should be amortized against the corresponding amortization amount in a systematic and reasonable way during their expected useful lives, and included in the relevant costs and expenses. The amortizable amount refers to the amount of the cost of the intangible asset after deducting the residual value. "Accumulated amortization" refers to the accumulated amortization of intangible assets with limited useful life.

2. Accounting entries when an enterprise accrues the amortization of intangible assets:

Borrow: Administrative expenses.

Manufacturing expenses (specifically for the production of a certain product).

Other business costs ** to give the right to use).

Credit: Accumulated amortization.

Accumulated amortization is mainly used to account for the amortization of intangible assets, and its balance is generally on the credit side. How to do accounting entries? This article will answer the above questions in detail.

What is the accrued amortization?

The accumulated amortization is an asset account, which is used to account for the amortization of intangible assets, and is listed in the assets of the balance sheet as a deduction of intangible assets.

The accumulated amortization balance is generally on the credit side, and the accrued amortization is registered.

The accumulated amortization account accounts for the accumulated amortization of intangible assets with limited useful life, which should be accounted for in detail according to the intangible asset items.

Accumulated amortization accounting entries.

When the accumulated amortization is accounted for, the amortization of intangible assets shall be accrued on a monthly basis and shall be debited.

Management fees. Other operating expenses.

and other accounts, credit this account; When disposing of intangible assets, the accumulated amortization should be carried forward at the same time, and this account should be debited and the relevant account should be credited.

Debit: Management expenses (amortization of intangible assets for own use).

Other operating costs (amortization of leased intangible assets).

Manufacturing expenses (amortization of intangible assets used for the production of products, etc.).

Credit: Accumulated amortization.

When is the accumulated amortization of intangible assets?

How is accumulated amortization calculated?

1. Average life method.

Averaging the life method: In each accounting period, the amortizable amount of intangible assets is evenly distributed.

Calculation formula: annual amortization of intangible assets = total amount of intangible assets acquired useful life.

2. Accelerated amortization method.

The accelerated amortization method means that intangible assets are overamortized in the early period of use and underamortized in the later period, and the amortization amount decreases year by year. The aim is to expedite the reimbursement of the cost of intangible assets over the estimated useful life.

3. Yield method.

Production method: Calculated based on the amount of production provided by the intangible asset over the life of the intangible asset, the corresponding amortization amount.

Calculation formula: amortization per unit of production = amortization of assets without period in each period = amortization per unit of production.

The actual production volume was completed during the period.

Accumulated amortization belongs to the credit aspect and is therefore associated with this entry.

1. Provision for depreciation.

Borrow: Administrative expenses.

Manufacturing costs. Selling expenses.

Credit: Accumulated depreciation.

Second, when the scrapped and damaged fixed assets are transferred to the liquidation.

Debit: Disposal of fixed assets (book value of fixed assets).

Accumulated depreciation (depreciation accrued).

Provision for impairment of fixed assets (provision for impairment that has been made).

Credit: When the accumulated amortization of fixed assets (the original book value of fixed assets) and intangible assets is accumulated, the debit side may be included in the accounting of administrative expenses, sales expenses, other business costs, etc., and the credit side may be included in the accumulated amortization account.

When intangible assets are amortized, the accounting treatment is: debit: management expenses, sales expenses, other business costs and other accounts, and credit: accumulated amortization - a certain intangible asset.

The difference between accumulated depreciation and accumulated amortization is that accumulated depreciation is an allowance account for fixed assets, and this account will be used on the credit side when the depreciation of fixed assets is raised in the next month of purchase. Accumulated amortization, on the other hand, is a provision account for intangible assets, which is used on the credit side when intangible assets are amortized.

When paying for newspapers and periodicals, borrow: expenses to be amortized, lack of socks to be amortized: bank deposits (cash) to amortize newspaper and periodical expenses, borrow: management expenses, credit: expenses to be amortized.

When paying the rent of the house, borrow: expenses to be amortized, credit: bank deposits (cash) to amortize the rent, borrow: management expenses, credit: expenses to be amortized.

Accumulated amortization is generally accounted for the amortization of intangible assets, for accumulated amortization, it is generally accounted for through management expenses, accumulated amortization and other accounts, how to write the relevant accounting entries?

Debit: Management expenses (amortization of intangible assets for own use).

Other operating costs (amortization of leased intangible assets).

Manufacturing expenses (amortization of intangible assets used for the production of products, etc.).

production costs, etc. (amortization of intangible assets dedicated to the production of a product or other asset).

Credit: Accumulated amortization.

Other operating costs refer to the expenses incurred by the enterprise in daily business activities other than the main business activities. Other operating costs include the cost of materials sold, the depreciation of leased fixed assets, the amortization of leased intangible assets, the cost or amortization of leased packaging, etc.

What is Cumulative Amortization?

The accumulated amortization account accounts for the accumulated amortization of intangible assets with limited useful life, which belong to asset accounts and are listed in the asset items of the balance sheet, as a reduction of unstructured assets, and are accounted for in detail according to intangible asset items. When the accumulated amortization is processed for accounting, the amortization of intangible assets is accrued on a monthly basis, and according to the use of intangible assets, accounts such as "management expenses" and "other business costs" are debited and credited to this account.

What is included in the management fee?

Management expenses refer to the expenses incurred by the administrative department of the enterprise for the organization and management of production and business activities. Management expenses generally include: trade union funds, unemployment insurance premiums, labor insurance premiums, directors' fees, employment intermediary fees, consulting fees, litigation fees, business entertainment expenses, office expenses, travel expenses, postal and telecommunications expenses, greening expenses, etc.

The company should account for the occurrence and carry-over of management expenses through the "Management Expenses" account. The management expenses incurred by the debit registration enterprise in this account are transferred to the "profit of the year" account at the end of the credit registration period. After carrying over the Sleepy Zen, there should be no dust left in the account.

Accumulated amortization is a provision account for the asset class, and the party that increases at the time of amortization is the credit, and the accounting of accumulated amortization is also a type of intangible asset. Accumulated amortization must be tested for impairment on a fixed day of each month, which is called the balance sheet date, and the intangible assets involved in accumulated amortization will experience a decline in use value over time.

Assets are divided into fixed assets and intangible assets, etc., fixed assets need to be accounted for separately for accumulated depreciation, and intangible assets are added to a new account, which is called accumulated amortization. There are also relevant regulations on how to use accumulated amortization.

1. When the life of the intangible asset is in a finite state, the accounting enterprise of this account will accumulate amortization of the intangible asset;

2. The project of intangible assets needs to be carefully calculated, and some details are listed, which will be clearer;

3. There are many kinds of subjects that accumulate amortization, such as management expense accounts, credit undergraduate and other items;

4. The account will have a credit balance at the end of each period, which can truthfully reflect the accumulated amortization of this asset.