{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/985/20/#05-overview-and-background","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":"985","topic_title":"Software","subtopic":"985-20","subtopic_title":"Costs of Software to Be Sold, Leased, or Marketed","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"985-20-05-1","para":"05-1","html":"
This Subtopic specifies standards of financial accounting and reporting for the costs of computer software to be sold, leased, or otherwise marketed as a separate product or as part of a product or process, whether internally developed and produced or purchased.
","snippet":"This Subtopic specifies standards of financial accounting and reporting for the costs of computer software to be sold, leased, or otherwise marketed as a separate product or as part of a product or process, whether inter…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2ac05570c11fecfb6056709dba0efb4eaa35d3db684b22b3d4140b97e0bc9186","downloaded_from":"2026-09-10T02:28:29.818Z","last_downloaded_at":"2026-09-10T02:28:29.818Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481457","source_sha256":"3ddc8974ea176056e12ab6530b52718c211a6216e47a3aed6b9acccebaec569c"}},{"citation":"985-20-05-2","para":"05-2","html":"
This Subtopic identifies the costs incurred in the process of creating a software product that are research and development costs and those that are production costs to be capitalized, and it specifies amortization, disclosure, and other requirements.
","snippet":"This Subtopic identifies the costs incurred in the process of creating a software product that are research and development costs and those that are production costs to be capitalized, and it specifies amortization, disc…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:07c883bade447d9bcbfd9c8104d7fe4c00ae29231fc687921103d2f4cdb65c18","downloaded_from":"2026-09-10T02:28:29.818Z","last_downloaded_at":"2026-09-10T02:28:29.818Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481457","source_sha256":"3ddc8974ea176056e12ab6530b52718c211a6216e47a3aed6b9acccebaec569c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b32ef55e4a5c386ad0dab8a986f466631fdbbbe7f42ff045c0264f0bf4a1f33e","downloaded_from":"2026-09-10T02:28:29.818Z","last_downloaded_at":"2026-09-10T02:28:29.818Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481457","source_sha256":"3ddc8974ea176056e12ab6530b52718c211a6216e47a3aed6b9acccebaec569c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c52cf65cee6387b32d02b525349ea87f5983def723c16a2fab71d90d7d79f21e","downloaded_from":"2026-09-10T02:28:29.818Z","last_downloaded_at":"2026-09-10T02:28:29.818Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481457","source_sha256":"3ddc8974ea176056e12ab6530b52718c211a6216e47a3aed6b9acccebaec569c"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c52cf65cee6387b32d02b525349ea87f5983def723c16a2fab71d90d7d79f21e","downloaded_from":"2026-09-10T02:28:29.818Z","last_downloaded_at":"2026-09-10T02:28:29.818Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481457","source_sha256":"3ddc8974ea176056e12ab6530b52718c211a6216e47a3aed6b9acccebaec569c"}}