Scope sheet
finbryn.com
Technical accounting
Capitalized software development costs under ASC 350-40 and ASU 2025-06
Finbryn provides capitalized software cost accounting under ASC 350-40 for SaaS, fintech and software-enabled companies: a capitalization policy, project-level cost schedules, amortization and impairment tracking, and an ASU 2025-06 transition plan. Checked 2026-10-16: ASU 2025-06 removes the project stages and applies to all entities for annual periods beginning after December 15, 2027.
What is included
- Capitalization policy written for your development method
- Project-level cost schedule from time records and invoices
- Amortization and impairment schedule
- Cloud implementation cost schedule under ASU 2018-15
- Transition plan and draft disclosures for ASU 2025-06
The process
- 1.
Walk through how your team builds
Methods, tools, how work is ticketed and tracked, and which projects are internal-use versus sold to customers.
- 2.
Write the capitalization policy
Project definition, start and stop evidence, time tracking and contractor coding, ready for management to adopt.
- 3.
Build the cost schedule
Payroll and contractor cost by project and month, reconciled to the payroll register and invoices.
- 4.
Set up amortization and impairment checks
Useful life by release, a roll-forward, and a trigger list for abandoned or changed projects.
- 5.
Plan the ASU 2025-06 transition
Compare old and new outcomes for in-process projects and recommend a transition approach for management.
Software
Jira, Linear, Microsoft Excel, QuickBooks Online
Finbryn is a brand of Northlane Solutions Inc., a Delaware corporation.
Reviewed October 2026