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Account — Intangible assets - loss on disposal

This form allows to rename built-in Intangible assets - loss on disposal account.

To access this form, go to Settings, then Chart of Accounts, then click Edit button for Intangible assets - loss on disposal account.

The form contains the following fields:

There are following fields:

Name

Name of account. The default name is Intangible assets - loss on disposal but it can be renamed.

Code

Enter code of the account if desired

Group

Select group on Profit and Loss Statement 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 at least one intangible asset that is disposed.

For more information see: Intangible Assets