A company has got n ERP system insalled.

Agreement with vendor says that it will provide Implementation services.

And, it will also provide Support Services after the said system goes live.

Now, I am acceptable to capitalising Implementation Cost.

But, I am of the view that cost of Support Services should not be capitalised, since, even with support services, the asset is ready for use.

However, Support Services are of essential nature without which running the software becomes very difficult for the company.

Kindly advise as to whether Support Services should be capitalised??

Give reasons as well.

Dear Expert,
Please please answer..........
Is is necessary for a party to raise a purchase order? before raising an Invoice or a proforma Invoice? if yes please give reference as to where is it given?

waiting

Please tell me the contents for Fixed Assets Register to be maintained by the manufacturing company. All experts are welcome to give their opinion on it.
Thanks in advance.

suppose a company incurring expenses on any investment, will those expenses be capitalised in investment value, or would be added in misc expenditure and written off or will be treated as expenses of that year???

Dear Sir,

I am a fresher as far as construction industry is concerned. I need guidance on how to develop a procedure of Internal Check and Internal Control for making payments to labour contractors on the basis of work performed by them i.e right from the stage of inviting tenders till the stage of full and final settlement. Plz. Help. If possible in the form of a flow chart.

Can send me ur valuable reply on my mail ID caneeldoshi@yahoo.co.in

Thanx N Regards,
C.A. Neel S. Doshi

Can anybody explain me how Deferred Tax Liability/Asset arises? How is it calculated?

Thank You,
Regards,
Devendra

what is the period during which disqualification, u/s 226(3) regarding indebtedness for an amount exceeding Rs. 1000 is attracted ?

can a public listed co. give advances to pvt limited co. whether it attracts the provision relating to sec 58A and sec 293(1)(d)

dear experts,

I required the CARO guidance note.

pls tel from where i will get?????

I am check n d ca institute but it is not avable.

A chartered accountant indebted to a company say in may Rs 2500 , then he repays the sum in september 5 th and gets appointed as auditor in 10 th september as stat auditor for YE 31.3.09
The fact that period of audit is from 1.4.08-31.3.09 and is indebted during the FY counts for disqualification
Also Term of auditor is from one AGM to the next . But audit is not conducted only from date of appointment or does it end after Fy .

Pl clarify whether auditor is disqualified
also tell me whether an auditor can be appoined retrospectively for the year begining