Iphone Application Development cost

msf Registered Posts: 22 Dedicated 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.


  • peaman
    peaman Registered Posts: 123 ? ? ?
    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.
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