Question
An entity, a software developer, enters into a contract with a customer to transfer the following: - software license; - installation service (includes changing the
An entity, a software developer, enters into a contract with a customer to transfer the following: - software license; - installation service (includes changing the web screen for each user); - software updates; and - technical support for 2 years. The entity sells the above separately. The installation service is routinely performed by other entities and does not significantly modify the software. The software remains functional without the updates and the technical support. Are the goods or services promised to the customer distinct in terms of IFRS 15? Give your explanations
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