This account represents the value of the intangible asset for subscription-based IT arrangements for services under GASB Statement 96. This account is for use by governmental and proprietary funds, including component units of the State of North Carolina. The value in this account should include all capitalizable costs applicable under GASB Statement 96. See OSC Statewide Accounting Policy 105.7 and the GASB 96 Financial Reporting Update for further details.