Discussion:Capitalize Package desisn?

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Revision as of 16:55, 14 November 2007
DerekCPA (Talk | contribs)
(I'd vote adverti)
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Revision as of 21:02, 14 November 2007
Proptaxguy (Talk | contribs)
(Since this appea)
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{{ForumReplyPost|UserID=DerekCPA|Date=14 November 2007|Text=I'd vote advertising expense}} {{ForumReplyPost|UserID=DerekCPA|Date=14 November 2007|Text=I'd vote advertising expense}}
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 +{{ForumReplyPost|UserID=Proptaxguy|Date=14 November 2007|Text=Since this appears to be an existing business I agree with Derek and say expense.}}

Revision as of 21:02, 14 November 2007

Discussion Forum Index --> Accounting Questions --> Capitalize Package desisn?

Smsacct (talk|edits) said:

12 November 2007
Client of mine spent 25K on new design, artwork, ad slicks etc for new packaging of his product. My question is should this 25K in design cost be capitalized and amortized or simply written off as a current expense?

BEGooding (talk|edits) said:

November 12, 2007
I vote capitalize.

DerekCPA (talk|edits) said:

14 November 2007
I'd vote advertising expense

Proptaxguy (talk|edits) said:

14 November 2007
Since this appears to be an existing business I agree with Derek and say expense.