development costs
Building phase outlays
Development costs are expenses incurred in creating something new—a product, software, real estate project, or business venture.
In accounting, these costs cover research, design, testing, and refinement before a product reaches market: The development costs for the new drug exceeded $2 billion.
In real estate, development costs include everything from land acquisition to construction.
Companies may capitalize development costs as assets or expense them immediately, depending on accounting standards and whether the project will generate future revenue.
- budgetPlan for spending
- expenseMoney paid out
- out of pocketPaid from personal funds
- investmentDeploying capital for returns
- seed moneyInitial business financing
overhead · startup · R&D · proof of concept · prototype · funding · capital · resources · timeline · time to market · engineering · software · labor · break even · testing · beta testing · milestone · iteration
- entertainment businessrecording contract, movie deal, book deal, talent deal, brand deal
- Film Budgetsabove the line, below the line, contingency fund, line items, equipment rental
- production costsraw materials, utility bills, overhead, overheads, machinery
- tax deductionsdeductions, tax deductions, exemptions, standard deduction, itemized deductions
- IT expenseslicense fees, subscription fees, data center, licensing fees, vendor fees
development costsoperating expenses
Routine business costs
operational costs · maintenance costs · operating costs · production costs · overhead costs
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