Our experts take care of all your Depreciation and Amortization related needs at My Online CFO and help you understand how each one is different in relations of applicability to the type of assets and liabilities. Tangible assets like buildings, equipment, machinery etc., are depreciated, while intangible assets like copyrights , goodwill, patents capitalized costs etc. go through amortization. Similarly, liabilities such as subscriptions and premium income are applicable for amortization as such liabilities include an influx of revenue or income over time. Experts at My Online CFO will help understand this concept as well as the application of time concepts in computing these.
About MyOnlineCFO
MyOnlineCFO.in is leading interactive portal for Business Management and Process Implementation Services which provides Virtual CFO Services and Compliances Management Services to the clients spread over PAN India.
