Intellectual Property value on Balance Sheet

I wish to show the valuation of our IP as an asset on the Balance Sheet with the value equal to the costs incurred in creating it. Any suggestions on how I can achieve this?

Hi @davidmonks

It would be best if you spoke to your own accountant who should be able to give you advice that’s tailored to your situation. Unfortunately the support team here at QuickFile are not accountants so we’re unable to help you on this occasion.

However, some of the users on the forum are accountants, so I’ll leave this thread open for if any of them know the answer.

If you don’t currently have an accountant and would like one that’s familiar with QuickFile, you can find them here: accountants.quickfile.co.uk

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