Recordkeeping, record, how to book licenses
Licences are an intangible asset for businesses and intangible assets are recorded on the asset side of balance sheet.
Licenses are recorded on an accrual account 1040 who is a master account for the recording of licenses.
Below are the various sub-accounts up - you can read more about how to post each sub account by clicking below:
| 1041 | Licenses |
| 1042 | Optional sub-account |
| 1043 | Optional sub-account |
| 1044 | Optional sub-account |
| 1045 | Optional sub-account |
| 1046 | Optional sub-account |
| 1047 | Optional sub-account |
| 1048 | Accumulated write-downs on licenses |
| 1049 | Accumulated amortization of licenses |
Go back to the account group 10 Immateriella anläggningstillgångar to see other intangible assets.