{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/330/985/#40-derecognition","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"330","topic_title":"Inventory","subtopic":"330-985","subtopic_title":"Software","section":{"number":"40","label":"40 Derecognition","anchor":"40-derecognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"330-985-40-1","para":"40-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_4BA9407C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The costs incurred for duplicating the computer software, documentation, and training materials from the <a href=\"/glossary/p/#product-master\" class=\"term\" title=\"A completed version, ready for copying, of the computer software product, the documentation, and the training materials that are to be sold, leased, or otherwise marketed.\"><span>product masters</span></a> and for physically packaging the product for distribution shall be charged to cost of sales when revenue from the sale of those units is recognized. </span></span></div></div>","snippet":"The costs incurred for duplicating the computer software, documentation, and training materials from the product masters and for physically packaging the product for distribution shall be charged to cost of sales when re…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:21b2ed7fcd6f45af62a84e29fd8505df1d0ccc8b9509c404010a42ab60c47e90","downloaded_from":"2026-09-09T23:54:12.400Z","last_downloaded_at":"2026-09-09T23:54:12.400Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477789","source_sha256":"0dc7a3e471c56481f85b417c23def6479ec1baec2fbf1d03e39ceed31af390fc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b9f91eb177d8e232828c7f533423a761d28865d3e0e22bd1d110265e05d9cdee","downloaded_from":"2026-09-09T23:54:12.400Z","last_downloaded_at":"2026-09-09T23:54:12.400Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477789","source_sha256":"0dc7a3e471c56481f85b417c23def6479ec1baec2fbf1d03e39ceed31af390fc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2f0ee26171efab9e80a5d369d9720c65c488178f396cbcf83500c5101f5b7bfe","downloaded_from":"2026-09-09T23:54:12.400Z","last_downloaded_at":"2026-09-09T23:54:12.400Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477789","source_sha256":"0dc7a3e471c56481f85b417c23def6479ec1baec2fbf1d03e39ceed31af390fc"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2f0ee26171efab9e80a5d369d9720c65c488178f396cbcf83500c5101f5b7bfe","downloaded_from":"2026-09-09T23:54:12.400Z","last_downloaded_at":"2026-09-09T23:54:12.400Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477789","source_sha256":"0dc7a3e471c56481f85b417c23def6479ec1baec2fbf1d03e39ceed31af390fc"}}