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Amortization Entries

The Amortization Entries tab is used to record the decrease in the value of intangible assets over time, a process known as amortization. Here, you can record the value reduction of these assets.

Amortization Entries15

Amortization Calculation Worksheet

Even though Amortization Entries tab allows manual entries, typically you would use Amortization Calculation Worksheet under Reports tab to calculate the figures for you.

Amortization Calculation Worksheet

Edit columns

By default, you will see the following columns:

Date Date of Amortization Entry
Description Description of Amortization Entry
Amount Amount on Amortization Entry

Use Edit columns button to customize what columns should be visible under Amortization Entries tab.

Edit columns

Clicking Edit columns button allows you to add additional columns to better suit your business requirements.

Reference Reference number of Amortization Entry
Intangible Assets List of associated Intangible Assets
Divisions List of Divisions this Amortization Entry affects.