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Capitalisation

This query is : Resolved 
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(Querist)
06 February 2008 Please tell me About Capitalisation i.e. Accounting of Capitalisation, Entry in Tally, Depriciation on Capital Assets,

& all details about Capitalisation,

Thanking you,

Regards,
Vaidyapady
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girish

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girish (Expert)
06 February 2008 In tally for depreciation following entry to be passed :

Depreciation A/c.......Dr
To Fixed Asset

Capitalisation means you are using the asset for longer period to earn income out of it.
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Gaurav Gupta

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Gaurav Gupta (Expert)
21 February 2008 Entry for Capitalisation will be:-

Fixed Asset ....Dr.

To Supplier/Cash
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