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1. Organization and Summary of Significant Accounting Policies: Software Costs (Policies)
12 Months Ended
Dec. 31, 2019
Policies  
Software Costs

Software Costs

 

Software purchased and used by the Company is capitalized as property and equipment based on its cost, and amortized over its useful life, usually not exceeding five years.

 

The Company capitalizes the costs of creating a software product to be sold, leased or otherwise marketed, for which technological feasibility has been established.  Amortization of the software product, on a product-by-product basis, begins on the date the product is available for distribution to customers and continues over the estimated revenue-producing life, not to exceed five years.