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When to depreciate software?

Updated: 10/3/2023
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13y ago

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No. Software doesn't break down or wear out as you use it and doesn't lose value.

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14y ago
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13y ago

Most item depreciation is done based on a plan drawn up by the accounting department, which is usually three to five years.

Software would rarely go beyond the five year point.

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Q: When to depreciate software?
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