Hi,
If we have receive an invoice on account of customisation of a software should we capitalise it or expensed off in books.
As per me it should be expensed off. Please confirm.
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Software customisation
Replies (5)
Yes you are correct
Ya its expensed off not capitalised.
it is expenses
Any new software can be capitalised, but when we do the customisation of the same software, we have to book it to revenue expenses.
Yes, this expenses written off not capitalised
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