Difference between the amortization and Depreciation ?
Amortization is for intangible assets while Depreciation is for tangible assets.
Amortization is the process of spreading the cost of an intangible asset over its useful life.
Depreciation is the proces...read more
Amortization is for intangible assets while Depreciation is for tangible assets.
Amortization is the process of spreading the cost of an intangible asset over its useful life.
Depreciation is the proces...read more
Amortization is provided on Intangible Assets and where as Depreciation is provided on Tangible assets. Both amortization and depreciation mean diminishing in the cost of asset proportionately over it...read more
Amortization is on intangible asset's cost over that asset's useful life.
workflow is an old-school automation tool, process builder gives you a user-friendly visual representation of the process as you build it.
Amortization is the practice of spreading an intangible asset's cost over that asset's useful life. Depreciation is the expensing a fixed asset as it is used to reflect its anticipated deterioration.
Depreciation is for tangible assets like building, Machinery. On the other hand, Amortisation is for intangible assets like patents, Trademarks.
Depreciation term is used for tangible assets and amortization is used for intangible assets while write off value of assets in P&L
Amortization always applicable on intangible fixed assets while depreciation on tangible fixed assets
Amortization is for intangible assets and depreciation is for fixed asset.
Amortization charged on Intangible assets and Depreciation on tangible assets. Intangible :- which cannot be seen like (Goodwill copyright and patent) Tangible :- which can be seen like Plant computer...read more
Amortization: practice of spreading an intangible assets cost over that assets useful life
Depreciation: Expensing of a fixed asset over its useful life
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