™ can help. We are expert bookkeepers that can help your small business with its bookkeeping needs. Here’s a short explanation of what Intangible Asset means. If we can be of more help explaining what Intangible Asset is or if we can help you with any of your small business bookkeeping needs, give us a call at 888-552-6657(888-55Books).™ provides a way for small businesses to have outsourced bookkeeping at a significant savings. We provide our clients with pre-printed envelopes. You stuff the envelopes and our expert team does the rest with detailed reports and timely compliance support. Not to mention, you now have a team of experts at your disposal should you have questions or last-minute needs. Let’s start with answering what Intangible Asset means:

Intangible Assets are any assets of value that cannot be physically touched, such as a brand, franchise, trademark, or patent.

The opposite of intangible assets is called tangible assets.

The value of intangible assets can be allocated to multiple periods by the process known as amortization. The exact rules of amortization are based on the class of intangible asset.

Need more information or help? Don’t hesitate to give us a call right now at 888-55Books. All initial consultations are free. Call a Helpful Human today!”

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