GAAP for Software Development and Licensing
The articles shown below describe how we will treat our software development costs and asset allocation between Vital Inc and the subsidiaries to whom we provide virtual data center resources and perpetual licenses.
This article deals with how we capitalize software development costs. https://www.journalofaccountancy.com/news/2018/mar/accounting-for-external-use-software-development-costs-201818259.html
This article/blog post addresses software company valuation methods https://bridgesdunnrankin.com/valuing-a-software-company/
This article deals with valuing a perptual software license https://www.siriusdecisions.com/blog/determining-the-value-of-a-perpetual-license
The items discussed here are essential to documenting our business plan.