10-25-2009, 10:25 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by kamranACA</i>
<br />Dear
Can you please let us know
-what new "features" you are supposed to add on?
-what "upgradation" meant for. Is it something inevtitable without which revenue cannot be earned or is simply to simplify or line up the procedures further?
-will there be an increase in revenue generation after such upgradation?
-will there be an increase in useful life (if the asset does not have indefinite life)?
The answer to these questions will decide what should be advised.
Regards,
KAMRAN.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
New features will increase its earning capacity definitly, as it will allow the company to icrease the area/range of the services; but as I already mentioned it is already generating reasonable amount of revenue.
Actually the nature of such intangible assets (softwares)is such that enhancement and feature addition never stops. (if we see a paralell tangible, it is just like we manufactured a printer, then added a photocopy feature, and then scanning, then we add some characteristics to ease all these operations so on and so forth.
Nothing to do with useful life.
Regards
Ahmed
<br />Dear
Can you please let us know
-what new "features" you are supposed to add on?
-what "upgradation" meant for. Is it something inevtitable without which revenue cannot be earned or is simply to simplify or line up the procedures further?
-will there be an increase in revenue generation after such upgradation?
-will there be an increase in useful life (if the asset does not have indefinite life)?
The answer to these questions will decide what should be advised.
Regards,
KAMRAN.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
New features will increase its earning capacity definitly, as it will allow the company to icrease the area/range of the services; but as I already mentioned it is already generating reasonable amount of revenue.
Actually the nature of such intangible assets (softwares)is such that enhancement and feature addition never stops. (if we see a paralell tangible, it is just like we manufactured a printer, then added a photocopy feature, and then scanning, then we add some characteristics to ease all these operations so on and so forth.
Nothing to do with useful life.
Regards
Ahmed
