Capital assets

The menu "Capital assets" allows you to plan your investments in fixed assets (buildings, equipment, furniture, etc.) or intangible assets (patents, trademarks, software, etc.) by identifying the amount and expected month of each investment.

What is a capital asset?

Capital asset is defined as any asset that has a useful life longer than one year and is not intended for sale during the normal course of business. Capital assets usually include buildings, land, and major equipment.

Categories

Tangible assets

  1. Lands (vacant land, timberland, storage yard, etc.)
  2. Buildings (factory, warehouse, commercial condo, etc.)
  3. Building improvements (improvement of a building that belongs to you)
  4. Leasehold improvements (improvement of a building that you rent)
  5. Office equipment (desks, chairs, coffee machine, etc.)
  6. Computer equipment (computers, printers, monitors, etc.)
  7. Machinery and equipment (factory equipment, tools, etc.)
  8. Other equipment (other equipment)
  9. Motor vehicles (cars, delivery trucks, etc.)
  10. Aircraft (commercial jet, etc.)
  11. Boats and ships (yacht, boat, etc.)
  12. Other vehicles (any other vehicle)

Intangible assets

  1. Patents and trademarks (patentability search, application filing, etc.)
  2. Goodwill (excess of purchase consideration)
  3. Incorporation fees (legal fees, notary fees, government fees, etc.)
  4. Financing fees (analysis fees to obtain a loan)
  5. Software and websites (software licence, websites, mobile apps, etc.)
  6. Proprietary software (development costs for software)