Download WSO's free R&D Capitalization template below! This template allows you to project a Research & Development cost plan for your company and capitalize it on the ledger. The template is plug-and-play, and you can enter your own numbers or formulas to auto-populate output numbers. The template also includes other tabs for other elements of a financial model.
According to the WSO Dictionary,
"R&D expenses are a type of operating expense that can be deducted as such on the business tax return."
A screenshot below shows a sneak peak of the template.