Public Utilities Annual Report Telecommunications Companies Template 2006 Page 15

ADVERTISEMENT

COST OF COMPUTER SOFTWARE
Physically located in Washington State
Year ending December 31, 2006
CANNED SOFTWARE
Capitalized Software
Expensed Software
Accrued
Historic Cost
Software Acquired in the:
Historic Cost
Acquisition Cost
Depreciation ess Depreciatio
* 1st Year Preceding the Assessment Year
-
-
-
-
* 2nd Year Preceding the Assessment Year
-
-
-
-
*3rd Year & Older Year Preceding the
Assessment Year
-
-
-
-
TOTALS
-
-
-
-
"Canned" or "Off-the-Shelf" Software: Is typically marketed in the form of a packaged product distributed
by retail sources. Most canned software is for mini or mainframe use and is distributed by the developer or
licensee of the developer. An example of a canned software program would be a personal computer word
processing program such as Microsoft Word.
CUSTOM SOFTWARE
Capitalized Software
Expensed Software
Accrued
Historic Cost
Software Acquired in the:
Historic Cost
Acquisition Cost
Depreciation ess Depreciatio
* 1st Year Preceding the Assessment Year
-
* 2nd Year Preceding the Assessment Year
-
*3rd Year & Older Year Preceding the
-
Assessment Year
TOTALS
-
-
-
-
"Custom" Software: Is developed with the assistance of in-house or third-party programmers who adapt
existing programs or write new programs to meet the user's unique needs. In most cases, custom software is
specific to the user and is not available throughout normal retail channels. An example of custom software
would be a program specially designed for a business to handle its unique billing and record keeping
requirements.
"Embedded" Software: Can either be distributed as a part of the machine with which it operates or it can be
distributed on an intermediate media (typically magnetic) and then loaded onto the machine. Embedded
software is software that is actually part of the machine or product; internal memory device (typically a
memory chip or a hard disk) containing the software. Often, embedded software is invisible to the actual user.
Examples of embedded software would be the software that runs a hand-held electronic calculator or a video
game and the BIOS (basic input and output ) software resident on all microprocessors. Embedded software is
100% taxable.
REV 65 0029e (12/19/06)
Page 15

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial