The Amortization Entries tab documents the gradual reduction in value of intangible assets, a process known as amortization.
Here you can record periodic amortization expenses to reflect the declining value of intangible assets over their useful life.
To create a new amortization entry, click the New Amortization Entry button.
Learn more about amortization entries: Amortization — Edit
The Amortization Entries tab displays information in the following columns:
There are following columns:
The Date column displays the date of the amortization entry.
The Reference column displays the reference number for each amortization entry.
The Description column displays the description of the amortization entry.
The Intangible Assets column displays the intangible assets affected by this amortization entry, separated by commas.
The Division column displays the divisions associated with this amortization entry.
The Amount column displays the total amortization amount for all lines in the entry.
Click the Edit columns button to customize which columns are visible.
Learn about customizing columns: Edit columns