few years ago we heard: "Internet is the future", well then the future is already here, and as employers we can not cling to the past, we all know today if your company is not online you can almost say does not exist, Gazelle Circle are very aware of this fact and also to help our clients to gain a foothold in the network, from here and try to explain the accounting treatment would be developing a website for our company.
We must bear in mind that the expenditure for building of a website is an expenditure in intangible assets with a multi-year projection, ie it will amortize the end of the year (the amortization of software applications can not exceed 5 years).
seat to make when we made the website for our company is:
206 472 Computer Applications
HP VAT on fixed assets 523
Providers
If over the life of the web perform work maintenance (which is highly recommended) the entry would be: 622
Repairs and maintenance 472 HP VAT to 523 Fixed asset suppliers / / 57 Treasury
Site maintenance does not increase the value of this, why not adjust the value of our site.
If you do is expand our website, so if you increase the value of it and the seat of the extension would be identical to when we signed the implementation of the web, thus increasing its value.
I hope this information has been helpful and if you have not yet taken the step to keep up on new technologies that ye soon. Circle Gazelle puts at your disposal to professionals to guide you toward the best way to put your company on the Internet.
Regards and until the next post ...
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