The accounting department classifies software development work as a capital expense. That means, at least according to accounting, new software represents new capital investment that should increase productivity. This highlights a big divergence in the way accounting views software versus the way we should look at it.
We used to have a saying, “KLOCs kill.” The more lines of code, the more risk you have. As your system gets bigger it gets more complicated and difficult to work with. Code has a carry cost... you have to keep maintaining it. It has obsolescence risk. Undeployed code is exactly like unfinished automobiles: nobody pays you for it. Maintaining it is a liability not an asset. Excess code is a boat anchor that will weigh you down until you drown.