Capitalization of license of sap

No clear idea about this, but I guess some point.

If SAP licence fee should amortization over usefull life of this system. Software is a intangible assets & intangible asset accured cost should be amortization over is usefull life.

If usefull life not extimated, then it is better to amortization over 10 years.

Otherwise contact to the practising chartered accountant in charged.

Cheers

I presume your question means the software in testing stage. You can capitalize such cost, but cannot ammortize until it is ready for intended use and placed in service.

Check https://knowhisjob.com/ to know what kind of work chartered accountants do in various companies.

Check https://knowhisjob.com/ to know what kind of work chartered accountants do in various companies.