This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
Tangible Assets means those assets which we can have physically and valuate it. eg: buildings, machinery etc.y
Intangible assets are those assets we can valuate imaginary. because we can't visible those and get worth approx. ex: goodwill of company, patents of company etc.