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In accordance with IAS/IFRS SAP implementation and licence cost should be capitalized as they fit the definition of asset.
An asset can be capitalized if its a resource controlled by the organization, if the cost can be reliably measured and the economic benefits would flow into the organization
Overall, the implementation and license cost must be capitalized if it meets the definition of assets in accordance with IAS.
Point to note - Maintenance cost must be expensed.