OTHER INTANGIBLE ASSETS |
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| Intangible Asset, Goodwill and Other [Abstract] | ||||||||||||||||||||||||||
| OTHER INTANGIBLE ASSETS |
NOTE 11 – OTHER INTANGIBLE ASSETS
Other intangible assets consist of capitalized costs of internally developed software.
SCHEDULE OF OTHER INTANGIBLE ASSETS
Additions to internal-use software represent capitalized costs incurred during the application development stage under ASC 350-40, including direct labor and external development costs. Costs related to preliminary project activities, training and maintenance are expensed as incurred. Amortization begins when the software is placed into service and is recognized on a straight-line basis over the estimated useful lives.
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- References No definition available.
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- Definition The entire disclosure for intangible asset. Includes, but is not limited to, finite- and indefinite-lived intangible assets, capitalized cost for internal-use software and software to be sold, leased, or marketed. Excludes goodwill. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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