I run a small office, but am not familiar with how to handle. +90% of company sales are generated online. Periodically, a new homepage is incorporated into the website. It may be a new design, a redesign (modified original), or for short terms a "holiday" design. The company purchases, and then owns the design. The design has both a cost and a value to the company. Redesigns are nearly the price of a new design, and holiday designs may be used more than once, and have a one-time fee. (1) Can a website design be booked as an asset? Redesigns? (2) Is it an intangible asset, and what is a reasonable asset life?