Web portals/mobile applications are assets or expenditure?
This query is : Resolved
Vivek Kumar
(Querist)
22 May 2014
Please clarify as these are the products around which the business of the company revolves. Company does not sell these products but uses to build in traffic and revenue based on unique utilities for experts and solution seekers. Ref for clarity solvemyproblemm.com.
Kindly advise
Kindly advise
Nikhil Kaushik
(Expert)
10 June 2014
if these are revenue generating sources, then the money spent (if gives traffic generation for more than a year) can be capitalized...otherwise expense it out.
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