Software Capitalization

Are you hurting your profitability by accident? If you develop software to support a service offered to your customers, then these development costs should typically be capitalized on your balance sheet rather than being immediately expensed on your P&L. Click on the PDF below for more information.

 

If you would like to discuss how this matter or other accounting topics impact your business, please contact Jim Garner, CPA at jgarner@traviswolff.com or at 972.590.5257.

 

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Software Capitalization.pdf97 KB