The goodwill is a differential amount on the assets side and arises during the consolidation of investments.
It is recorded as an intangible asset and amortized over an estimated remaining life, as predetermined, by law or internal company rules.
During first consolidation, goodwill is calculated as the difference between the group share-related investment book values of the direct parent companies and the group share-related equity of the company being consolidated, while taking hidden reserves (fair value adjustments) into account.
Possible reasons for goodwill are an earning capacity value that deviates from the net asset value of the acquired company as well as additional benefits (transfer of know-how, customer contacts, elimination of competitors, and on) from the acquiring company's point of view.
More terms such as goodwill (FI-LC) in Dictionary G.
- Manual G/L Account Contract:
- Help transferring amounts from a G/L account to another G/L account. Example: advance payments for heating expenses If the tenant pays less in advance payments than the expected heating expenses, he can goodwill (fi-lc) definition.
- Manual Goods In Transit:
- Help been shipped to a customer. When goods are shipped to a customer, the customer does not necessarily become the owner immediately. Until the point where the ownership of a good is transferred to the goodwill (fi-lc) explain.
- Manual GNI Code:
- Help A code issued by the State Tax Authority (GNI). Each address in the KLADR address database is assigned to a GNI code goodwill (fi-lc) what is.
- Manual Global User Manager:
- Help system users, user groups, roles, and the systems in the system group. The system administrator can make changes in the overview using Drag;Drop. These changes take effect after being distributed to goodwill (fi-lc) meaning.
- Manual Grade (IS-H):
- Help medical tariff) in the country version Switzerland. Determines the rank/value of a physician to enable particular services to be billed for. The rank/value of a physician is a determined by his or goodwill (fi-lc) abbreviation.
