How does one make a cloud purchase a capital expense for a company?

Question

Is there anyway to make cloud purchases for a company a capital expense, for smaller companies that are looking to lower operating expense cost?

Answer 1

I think you have the answer here:

http://***.accountantanswer.***/1466/capitalize-cloud-software-setup-fees-under-ifrs-accounting?

Comments

Mysio reply brings you to good example.Yes, you can capitalise it. The link brings you to ifrs 15 which deals with revenue recognition