PET - Plain English Taxonomy

Attribute: PL04019
Concept:
Label: Computer software expensed
Concept Guidance:
Computer software expensed is the cost of acquiring, developing or commissioning software for the purpose of performing the functions for which it was acquired or developed. The development of web sites is included in the scope of computer software. 
Form-Specifc Guidance:
These items represent the cost of any computer software (including license fees) that has been charged to profit as an expense in the current accounting period.
Include:
- installation costs paid to external service providers;
- purchase costs; and
- expensed computer software licence fees.
Exclude:
- other licence fees and royalties (include in 'Royalty expenses');
- computer software capitalised (include in 'Capital expenditure'); and
- software maintenance (include in 'Equipment repair and maintenance expenses').
Dimensions
This attribute does not have any dimensions.