Capitalization of Software

Capitalization of Software

<p> Capitalization of Software</p><p>Software Initiation Form</p><p>Software Developer Software Development Project Name: Estimated Cost: $ Estimated Completion Date: Estimated Useful Life of the Software: Software Developer Name, Phone #, & e-mail address: </p><p>Administrative Officer Account Number: </p><p>OFM Date Received: </p><p>Instructions</p><p>Purpose: This form is completed at the initiation of any software development project where the estimated cost will exceed $100,000.</p><p>Software Developer The official responsible for a software development project must complete this form at the start of the project if the estimated cost will be more than $100,000. If there is doubt as to whether the development effort will reach a cost of more than $100,000, then the form should be completed anyway.</p><p>Administrative Officer The AO for the software developer must set up a project in FFS. It is essential that the “G/L POST TYPE:” field on the PROJ table be filled with SW.</p><p>OFM OFM will verify the record in FFS.</p>

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