Enter your property's expense line items, and get a defensible capitalize-vs-expense determination for each one — following standard GAAP capitalization principles (useful life, your capitalization threshold, then whether the cost extends useful life, increases capacity or efficiency, or otherwise improves the asset beyond its original condition). Every determination shows exactly which factor drove it.
A 4-step walkthrough of the tool, before you buy.
Your dollar threshold and minimum useful life apply consistently to every expense you enter next — exactly how a written capitalization policy should work.
Assign each item to the asset it relates to (building, roof, HVAC, equipment, and more) — this is what "extends useful life" or "increases capacity" is measured against.
The tool walks the standard GAAP sequence in order — most items resolve in two or three quick questions.
A full schedule of every expense, its determination, and the exact factor behind it — ready to export or hand to your auditor.
Shown on the letterhead of your categorization report PDF.
These two settings apply consistently to every expense you enter — exactly how a written capitalization policy is meant to work under GAAP.
An expense below your threshold, or with a useful life under this many months, is expensed regardless of its nature — this is the materiality concept in practice, and matches how most companies' written capitalization policies work.
Add every expense you need to classify. Assign each to the asset it relates to — that's what "extends useful life" or "increases capacity" is measured against.
Every expense, its determination, and the exact reasoning behind it.
Save downloads a small file to your own computer with everything you've entered — nothing is stored on our servers. Load it back anytime to pick up where you left off.