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AccountIntangible assets, accumulated amortization

This form allows to rename built-in Intangible assets, accumulated amortization account.

To access this form, go to Settings, then Chart of Accounts, then click Edit button for Intangible assets, accumulated amortization account.

The form contains the following fields:

Name

Name of account. The default name is Intangible assets, accumulated amortization but it can be renamed.

Code

Enter code of the account if desired

Group

Select group on Balance Sheet under which this account should be presented.

Click Update button to save your changes.

This account cannot be deleted, it is automatically added to your Chart of Accounts when you have created at least one intangible asset.

For more information see: Intangible Assets