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The Internal-Use Software Subtopic presents guidance in the following Subsections:
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Certain costs incurred for computer software developed or obtained for internal use should be capitalized depending on the nature of the costs and the project stage during which they were incurred in accordance with the guidance in Section 350-40-25. Computer software to be sold, leased, or otherwise marketed externally is not considered to be for internal use.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
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Section 350-40-30 includes guidance on the types of costs that should be capitalized, including costs for the purchase of internal-use software in a multiple element transaction.
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Section 350-40-35 includes guidance on the following:
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  2. b
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  3. c
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Paragraph 350-40-55-3 illustrates the various stages and related processes of computer software development.
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