1. Organization and Summary of Significant Accounting Policies: Capitalized Software Costs (Policies)
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12 Months Ended |
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Dec. 31, 2014
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Policies | |
Capitalized Software Costs | Software Costs
Software purchased and used by the Company is capitalized as property and equipment based on its cost, and amortized over its useful life, usually not exceeding five years.
The Company capitalizes the costs of creating a software product to be sold, leased or otherwise marketed, for which technological feasibility has been established. Amortization of the software product, on a product-by-product basis, begins on the date the product is available for distribution to customers and continues over the estimated revenue-producing life, not to exceed five years. |