Licenced software
This query is : Resolved
puneet ahuja
(Querist)
27 December 2013
is software purchased online for 3 years should b treated as an expense of current year or we have to capitalise it as per accounting standatd?
also, note that it is an online transaction and been credited by one of the credit card of an employee?
27 December 2013
Hi
It is to be capitalised & appropriated in the span of 3 years.
Thanks//VaibhavJ
It is to be capitalised & appropriated in the span of 3 years.
Thanks//VaibhavJ
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