Can I capitalize my system implementation or get tax advantages?

With the introduction of software as a service, organizations need to understand and evaluate their options to account for their SaaS implementation expenses for both book and tax purposes. Here's a look at two major accounting considerations for companies implementing SaaS-based systems.
Abstract circuit board with dollar sign
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    Related:
  • Enterprise Applications
  • Cloud Computing
  • SaaS
  • IT Strategy
  • IT Governance
  • C-Suite

John Hoebler is a strategic adviser to CIOs and CFOs at both large enterprises and growing companies. He helps companies use technology to meet their business goals through streamlined finance and accounting systems, human resources systems and supply chain systems. He plays a cornerstone role on his projects by setting the scope, defining the vision, implementing the plan and leading the team -- all while working with executives to align the project to the overall business strategies and goals.

John's expertise spans traditional on-premises applications and cloud-based software-as-a-service (SaaS) applications. A recognized industry leader, he is regularly called upon to speak at industry conferences and he has won multiple awards from the user community. He also frequently contributes to trade magazines on ERP-related topics.

John leads the technology solutions practice at CrossCountry Consulting. You can view additional posts from John on this blog and on CrossCountry's Insights blog.

The opinions expressed in this blog are those of John Hoebler and do not necessarily represent those of IDG Communications Inc. or its parent, subsidiary or affiliated companies.