Fixed assets

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student (Querist)
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17 February 2016 I have purchased 5 fans for Rs.2300/-each for office on same date.Do I have to create different ledgers for fan's under fixed assets or a single ledger?
Also show how I make the entry?

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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17 February 2016 Fixed Assests costing less than Rs. 5000 can be directly charged to P & L a/c.

student

student (Querist)
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18 February 2016 I KNOW THAT BUT MY QUESTION IS HOW WILL I MAKE THE ENTRIES IN TALLY?

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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18 February 2016 you can pass as Office Maintenance.

student

student (Querist)
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18 February 2016 how can I pass as office maintenance as the cost is more than 5000/-.It is an asset according to you.Now you are saying it will come under office maintenanace.HOW?

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