Website Development Costs

(redirected from Web Site Development Costs)

Website Development Costs

What a company or organization spends in creating or updating its website. These costs can vary widely. One may put together a basic website for the cost of a small program and of writing the content. On the other hand, one may spend a great deal of money on a website with custom designed graphics and interactive features. How much an organization spends in website development costs depends on how much business it can expect from the Internet and the extent to which a well-presented website will affect its reputation.
References in periodicals archive ?
Ongoing expenses include Web site development costs, start-up funding for new products and funds for printing new materials.
With pre- built business and framework components and programs available for unlimited custom Web pages, link-outs or pop-ups, the program reduces Web site development costs.
In March 2000, FASB's Emerging Issues Task Force reached a consensus on Issue 00-2, Accounting for Web Site Development Costs, and whether website-related costs should be capitalized.
And the fourth would be Web site development costs.
We believe that Stock-Trak's experience and expertise will substantially reduce web site development costs and shorten our time to market.
The treatment of Web site development costs is no exception.
This decrease is due primarily to decreases in payroll of $549,800 for AuctionInc software development, decreases of $31,400 in computer expenses, and depreciation of $25,900 offset by $288,200 fewer costs capitalized as web site development costs.
Company management attributed the loss to an increase in SG&A expenses that include an aggressive marketing program, Web site development costs, increased payroll for the expanding staff, and $495,043 amortization of goodwill associated with the acquisition of Becan Distributors.
In accordance with the transition provisions of the Emerging Issues Task Force (EITF) of the Financial Accounting Standards Board's consensus on Issue 00-2, Accounting for Web Site Development Costs ("EITF 00-2"), the Company elected to apply this standard to website development costs incurred from January 1, 2000 and forward.
Marketing, advertising, software and Web site development costs totaled $208,698 for the quarter ended June 30, 2000, compared to $217,704 for the quarter ended June 30, 1999.