Intangible assets

Meaning

Are non-physical assets that still provide value to your business, such as a good reputation or a strong brand presence.

Key points

• Intangible assets appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, intangible assets is used to keep invoice and payment operations structured and auditable.