Statutory Treatment In determining the sales and use tax treatment of a sale of software, one issue is whether the software is a custom or prewritten program.
What does S/W stand for?
S/W stands for Software
This definition appears very frequently and is found in the following Acronym Finder categories:
- Information technology (IT) and computers
See other definitions of S/W
We have 74 other meanings of S/W in our Acronym Attic
- Se Vende (Spanish: for sale)
- Service Vessel
- Space Vehicle (more commony seen as SV)
- Surface to Volume
- Survivability Vulnerability Lethality
- Sea Worthy
- Shares With
Samples in periodicals archive:
Software AG will acquire all outstanding common stock in SAGA Systems for $11.
In March 1998, AcSEC issued SOP 98-1, Accounting for the Costs of Computer Software Developed or Obtained for Internal Use, which re quires entities to capitalize certain internal-use software costs once certain criteria are met.
And as accountants for NPOs know only too well, it's hard to adapt standard accounting software to keep their books.
The treatment of software costs varies, depending on whether the costs were incurred for software that a company itself developed (self-developed software) or in purchasing completed software (acquired software).
In the next few months, the earlybird editions of 1991 tax preparation software will begin reaching the market.