Acquisition cost
This query is : Resolved
Arun Kumar. G
(Querist)
29 January 2015
Dear Experts,
Our company is buying the employees and Business orders from another company. The consideration payable for this is Rs. 1.5 crores in the next FY.
Kindly let me know the accounting entry for this transactions.
Is the consideration amount to be charges to P & L account.
Thanks in Advance
Our company is buying the employees and Business orders from another company. The consideration payable for this is Rs. 1.5 crores in the next FY.
Kindly let me know the accounting entry for this transactions.
Is the consideration amount to be charges to P & L account.
Thanks in Advance
29 January 2015
" buying the employees means ?????????
Arun Kumar. G
(Querist)
29 January 2015
Dear Sir,
They are taking over the Employees to their roles
They are taking over the Employees to their roles
29 January 2015
then they shall become your companys employee and on your payroll u need to mention them and cal normal salary as decided by your co management
Rupesh Jain
(Expert)
29 January 2015
you have to make payment to employee and book as income billing to some one.
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