Exchange rate for asset capitalisation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 May 2014
Generally, Bill of Exchange (BOE)rate is used for capitalisation of asset. What exchange rate should be used in case of capitalisation of Software
Vishnu Saboo
(Expert)
27 May 2014
rate on date of received the material.
Rupesh Jain
(Expert)
28 May 2014
you can book on amount on which Bill of entry are made or on which date goods recd.
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