SaaS
Capitalized Software — Monthly Amortization
Amortizing capitalized development costs over the product's estimated useful life.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Amortization Expense (Capitalized Software) | Expense (+) | 4,167.00 | - |
| Accumulated Amortization (Software) | Contra-Asset (+) | - | 4,167.00 |
💡 Accountant's Note
A $250,000 capitalized software asset with a 5-year useful life is amortized at $4,167/month. Amortization begins when the product is available for use, not when development starts.
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