(v2410.00) Other Intangibles

Goodwill (v2400) includes goodwill and other intangible assets for which the amortization is not deductible for federal income tax purposes. Classify all other intangible assets—accounts such as mailing lists, organization costs, licenses, franchises, and permits (for exploration, import, export, and construction—as Other Intangibles (v2410.00).

Using the default forecast method, enter only the annual additions to this account in the forecast period. Strategic Finance calculates the balance after deducting amortization charges, which you enter in Amortization of Other Intangibles (v2410.03):

 	(v2410.00)  Other Intangibles (prior period) 
+	(v2410.01)  Additions to Other Intangibles
-	(v2410.03)  Amortization of Other Intangibles 
=	(v2410.00)  Other Intangibles