Treatment of software development expenses .
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 June 2014
how to account software expenses which are under the phase of development ?
Rupesh Jain
(Expert)
13 June 2014
it software is your assets then show under fixed assets head CWIP.
and if you are developing for some one then you show as closing stock CWIP
and if you are developing for some one then you show as closing stock CWIP
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