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    melziebg's Avatar
    melziebg Posts: 1, Reputation: 1
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    #1

    Jul 13, 2009, 02:18 PM
    Patent license fee
    Patent license fee accounting
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Jul 13, 2009, 04:14 PM

    What is the question.

    If the Patent is developed internally, then development costs are not included in the Patent.

    If you are purchasing a patent, then the license fee is included in the cost of the Patent.

    A Patent is listed in the Assets section of the balance sheet under Intangible Assets because a Patent has no physical form.
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