Quarterly report pursuant to sections 13 or 15(d)

NOTE 4 - COMPUTER SOFTWARE DEVELOPMENT FOR INTERNAL USE

v2.4.0.6
NOTE 4 - COMPUTER SOFTWARE DEVELOPMENT FOR INTERNAL USE
9 Months Ended
Sep. 30, 2012
Text Block [Abstract]  
NOTE 4 - COMPUTER SOFTWARE DEVELOPMENT FOR INTERNAL USE

NOTE 4 – COMPUTER SOFTWARE DEVELOPED FOR INTERNAL USE

 

 

Version 3 of the Company’s “On Site Physical Inventory” (OSPI) product has been released. The Company has capitalized the cost of the OSPI software using FASB Accounting Standards Codifications 350-40 “Internal Use Software” as follows:

 

    2012   2011
Development costs   $ 36,022     $ 36,022  
Less: accumulated amortization     36,022       9005  
    $ 0     $ 27,017