Iphone Application Development cost
msf
Registered Posts: 22 New contributor 🐸
Hi I hope someone can help me with this.
The cost is in region of £20k, the application is finished and has users using it and it is a free download. at present there is no revenue.
should the cost be capitalised or keep in revenue and use the loss to offset future income?
I'd appreciate some comments please.
The cost is in region of £20k, the application is finished and has users using it and it is a free download. at present there is no revenue.
should the cost be capitalised or keep in revenue and use the loss to offset future income?
I'd appreciate some comments please.
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Comments
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I have not come across research & development in real life (only studying) but I believe computer software development costs should be capitalised and then amortised when the software becomes available to the public.0
