The amortization period of intangible assets is generally not less than 65,438+00 years. According to Article 67 of the Regulations for the Implementation of the Enterprise Income Tax Law of People's Republic of China (PRC), the amortization expenses of intangible assets calculated by the straight-line method are allowed to be deducted. The amortization period of intangible assets shall not be less than 65,438+00 years. As an investment or transferee of intangible assets, if the relevant laws or contracts stipulate the service life, it can be amortized in installments according to the stipulated or agreed service life. Expenditure on purchasing goodwill.

Amortization of intangible assets is a method to amortize the original price of intangible assets within the effective period. For intangible assets with limited service life, the amortization amount should be systematically and reasonably amortized within the service life. The amortization of intangible assets by an enterprise shall begin when the intangible assets are available for use and end when they are no longer recognized as intangible assets.

How to make accounting entries in amortization of intangible assets?

Accounting entries for amortization of intangible assets

Borrow: management fee (for personal use)

Other business costs (when leasing)

Manufacturing cost/production cost, etc. (specially used to produce products)

Loan: accumulated amortization

The amortization period of intangible assets begins when it reaches the usable state (that is, it reaches the intended use) and ends when it terminates (amortization starts in the month of increase and stops in the month of decrease).

The amortization method of intangible assets selected by an enterprise should be able to reflect the expected consumption mode of economic benefits related to the intangible assets, including the straight-line method and the output method.

If the estimated consumption pattern cannot be reliably determined, the straight-line amortization method is adopted.

Intangible assets with uncertain service life need not be amortized during the holding period, but should be tested for impairment at least at the end of each accounting period.