Accounts matter
This query is : Resolved
Quick Summary
manjeeta modi
(Querist)
01 March 2021
hello every one ,
last year we were done a expense and treated it as capital work in process but in current year the scenario is change, we want to include this expense in current year as expense.
how can we do it???
please help me.......
last year we were done a expense and treated it as capital work in process but in current year the scenario is change, we want to include this expense in current year as expense.
how can we do it???
please help me.......
CA R SEETHARAMAN
(Expert)
01 March 2021
Charge it as expenses of current year and record the reason for change in scenario.
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manjeeta modi
(Querist)
01 March 2021
but CWIP show in last year B/S........ so we can remove in current year....???
CA R SEETHARAMAN
(Expert)
01 March 2021
Yes, you can remove it current year with valid reasons.
Message likes :
1 times
manjeeta modi
(Querist)
01 March 2021
ok sir thanks from your suggestion
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