What Is an Amortization Schedule? How to Calculate With Formula

Sophie DreierBookkeeping

There are several steps to follow when calculating amortization for intangible assets. Amortization and depreciation are similar concepts, but they are used in different contexts. Amortization is used to refer to the process of spreading out the cost of an intangible asset over its useful life. Meanwhile, depreciation is used to refer to the process of spreading out the cost … Weiterlesen