Software Capitalisation

Software Capitalisation

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The company I am working for has spend about £24K Net on software development , Website and email design, can this be fixed asset capitalisation or an expenses to the overhead?

Kind regards

DKB 

Replies (4)

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By Tim Vane
30th Jan 2019 14:11

Yes indeed.

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Replying to Tim Vane:
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By DKB Tiger
31st Jan 2019 13:41

Yes or No ?
Sorry your reply was not that clear!!

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By Accountant A
30th Jan 2019 15:24

If you are not the Finance Director, I would speak to the Finance Director.

Have you consulted the company's accounting policies and the relevant accounting standard?

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By DKB Tiger
31st Jan 2019 13:40

She leaves it to me to look into,she is the FD but her background is Payroll

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