Impairing Intangible Assets

  To impair intangible assets:

1. Open data form 06. Manage Existing Intangibles Specified (see Logging On and Accessing Capital Asset Planning).

2. Right-click a line item, and select Impair Asset.

3. Enter details such as asset class, line item, impair date, fair value, impair option, and capitalize%.

4. Click Finish.

5. Optional: To view the impact of impairment, right-click a line item, and select Calculated details.

   Note:

   If you select the capitalize option, the impairment value is posted to capital reserve. If you select the partial capitalize option, the impairment value is apportioned to the capital reserve, based on the capitalize%. Also, amortization is reduced from the month of impairment.