Comment by twodave
2 years ago
I wasn’t trying to make that argument, but I were I would argue that software itself is more like a liability, or, at the most, a current asset[0]. Source code has no inherent value, and in fact the more you have the more expensive it is.
That interpretation is deeply removed from how accounting works, but even if it were a current asset it would still not be an expense
Yeah, I agree it doesn’t fit well in any of the usual accounting boxes. But I think that’s the point, right?
Building tools or products is clearly an investment