| Issue Date: | 2022-09-01 |
|---|
Purpose
A contra asset account used to report the cumulated charges against the intangible right to use another party’s (a SBITA vendor’s) IT software over the shorter of the subscription term or the useful life of the underlying IT assets.
USAS Values
| Normal Balance | Credit |
|---|---|
| Account Type | Real |
| GL Posting Level | Summary 1 [?] |
Summary 1 elements posted: Agy, GL, Fund, NACUBO Subfund, T-Code, Grant No. and Phase, AGL, FY, AY, DR/CR Ind. and Appd Fund.