How to write off ITS disks

Many organizations, along with the right to use a computer program, purchase information technology support (ITS) disks containing updates and reference information. The question of accounting for and writing off these discs will be quite natural.

Instruction manual

1

Relate the cost of installing the program and the right to use it to deferred expenses by making the following entries in accounting: - Debit of account 60 “Settlements with suppliers”, Credit of account 51 “Settlement account” —the cost of the installation disk and a fixed one-time payment for using the program are paid; - Debit of account 97 "Deferred expenses", Credit of account 60 "Settlements with suppliers" - a fixed one-time payment for the right to use the program and the cost of the installation disk are taken into account. When preparing a planned cost estimate for an enterprise for a period, determine the cost of software based on price lists or commercial offers of the company, taking into account the costs of subsequent information and technical support.

2

Calculate the amount of monthly write-off of software costs by dividing the amount of the fixed payment and the cost of the installation disk by the period of use of the program, which is indicated in the contract or technical documentation. Write them off monthly for the established period for the current expenses of the organization by posting: - Debit of account 20 “Main production” (23, 25, 26, 44), Credit 97 “Future expenses” - a part of deferred expenses has been written off. In tax accounting, similarly write off these amounts to other expenses related to production and sale.

3

If, under a contract with a software supplier, a disk is provided for periodically receiving information technology updates (ITS) disks with payment on invoices in excess of the contract price, then transfer the cost of these disks to other expenses related to production and sales for this tax period. In accounting, make the following entries: - Debit of account 60 "Settlements with suppliers", Credit of account 51 "Settlement account" - the cost of the ITS disk has been paid; - Debit of account 20 "Main production" (23, 25, 26, 44), Credit of account 60 “Settlements with suppliers” - the cost of the ITS disk for the current expenses of the enterprise has been written off.

note

Some companies receive ITS disks into account 10 “Raw materials and materials” on the basis of an invoice and then write them off to cost accounts. However, if the subject of the agreement indicates that it is not material value (ITS disk) that is acquired, but services for updating the program or its information and technical support, then writing off the cost of disks in this case can be safely done to cost accounts without capitalizing them on account 10.

Software purchase: accounting and tax