Healthcare
EMR/EHR System Capitalization
Recording the multi-million dollar cost of implementing an Electronic Medical Record system (like Epic or Cerner).
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Intangible Asset: EMR System | Asset (+) | 100,000.00 | - |
| Cash / Notes Payable | Mixed | - | 100,000.00 |
💡 Accountant's Note
EMR systems are the 'brain' of a hospital. Implementation costs (coding, licensing) are capitalized and amortized over 5-10 years.
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