0 Replies Latest reply on Jun 16, 2016 7:54 AM by Mary Fortney

    Accounting for ERP Implementation-Useful Life

    Mary Fortney
    Visibility: Open to anyone

      For companies that have implemented full ERP software - what useful lives are being used to depreciate the license and implementation costs?  What guidance have you followed and what support is available to defend your position with your external auditors.

       

      We are hearing that 7 years is a stretch and we prefer more like 10 years because we believe the cost & effort of a new implementation is going to provide benefits to us for at least that long.

       

      I would love to hear from some of you!