Recordkeeping, record, how to book a patent
Patents are an intangible asset for businesses and intangible assets are recorded on the asset side of balance sheet.
Patents are recorded on an accrual account 1010 who is a master account for the recording of patents.
Below are the various sub-accounts up - you can read more about how to post each sub account by clicking below:
| 1031 | Patent |
| 1032 | Optional sub-account |
| 1033 | Optional sub-account |
| 1034 | Optional sub-account |
| 1035 | Optional sub-account |
| 1036 | Optional sub-account |
| 1037 | Optional sub-account |
| 1038 | Accumulated depreciation on patents |
| 1039 | Accumulated amortization of patents |
Go back to the account group 10 Immateriella anläggningstillgångar to see other intangible assets.