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These excerpts taken from the ECLP 10-K filed Feb 24, 2009. Costs of Revenues The principal costs of systems and services revenues are salaries, benefits and related overhead costs for implementation, maintenance, remote hosting and outsourcing personnel. Other significant costs include third party costs, software rental and maintenance and the amortization of capitalized software development costs and acquired technology intangible assets. Capitalized software development costs are generally amortized over three years on a straight-line basis commencing upon general release of the related software, or are based on the ratio that current revenues bear to total anticipated revenues for the applicable software. Acquired technology is amortized over three to five years based upon the estimated economic life of the underlying asset. Cost of revenues related to hardware sales includes our cost to acquire the hardware from the manufacturer. Costs of Revenues The principal costs of systems and services revenues are salaries, benefits and related overhead costs for implementation, maintenance, remote hosting and outsourcing personnel. Other significant costs include third party costs, software rental and maintenance and the amortization of capitalized software development costs and acquired technology intangible assets. Capitalized software development costs are generally amortized over three years on a straight-line basis commencing upon general release of the related software, or are based on the ratio that current revenues bear to total anticipated revenues for the applicable software. Acquired technology is amortized over three to five years based upon the estimated economic life of the underlying asset. Cost of revenues related to hardware sales includes our cost to acquire the hardware from the manufacturer. Costs of Revenues The principal costs of systems and services revenues are salaries, benefits and related overhead costs for implementation, maintenance, remote hosting In accordance with EITF 00-10, Accounting for FACE="Times New Roman" SIZE="2">Sales Taxes In accordance with EITF 06-3, How Sales Taxes Collected from Clients and Remitted to Governmental
64 Table of ContentsCosts of Revenues The principal costs of systems and services revenues are salaries, benefits and related overhead costs for implementation, maintenance, remote hosting In accordance with EITF 00-10, Accounting for FACE="Times New Roman" SIZE="2">Sales Taxes In accordance with EITF 06-3, How Sales Taxes Collected from Clients and Remitted to Governmental
64 Table of ContentsThese excerpts taken from the ECLP 10-K filed Feb 29, 2008. Costs of Revenues The principal costs of systems and services revenues are salaries, benefits and related overhead costs for implementation, maintenance, remote hosting and outsourcing personnel. Other significant costs include third party costs, software rental and maintenance and the amortization of capitalized software development costs and acquired technology intangible assets. Capitalized software development costs are generally amortized over three years on a straight-line basis commencing upon general release of the related software, or are based on the ratio that current revenues bear to total anticipated revenues for the applicable software. Acquired technology is amortized over three to five years based upon the estimated economic life of the underlying asset. Cost of revenues related to hardware sales includes our cost to acquire the hardware from the manufacturer. Costs of Revenues SIZE="2">The principal costs of systems and services revenues are salaries, benefits and related overhead costs for implementation, maintenance, remote hosting and outsourcing personnel. Other significant costs include third party costs, software | EXCERPTS ON THIS PAGE:
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