Opening balance of fixed assets in case of company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 September 2014
whether opening balance of fixed assets show in books of accounts in tally as per item wise .
13 September 2014
yes ,
fixed assets shall be be in item wise not according to block wise.
fixed assets shall be be in item wise not according to block wise.
14 September 2014
No. Fixed Assets in Tally are shown Category wise like, Plant and Machinery, Building, Furniture and Fixtures, Computer etc. Itemwise details are maintained in Fixed Asset Register.
Tally does not have option to maintain Itemwise Fixed Asset.
Tally does not have option to maintain Itemwise Fixed Asset.
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 September 2014
sanjay sir
in the case of firm we maintain fixed assets block wise but in case of company we can maintain category wise please explain what is category wise.
in the case of firm we maintain fixed assets block wise but in case of company we can maintain category wise please explain what is category wise.
14 September 2014
Block wise and category wise is same thing. But for companies do maintain a Fixed Asset register, itemwise.
You may check the Fixed Asset Register format sample from link given below--
https://www.caclubindia.com/share_files/fixed-asset-register-location-wise-60777.asp#.VBUwYfmSzUs
You may check the Fixed Asset Register format sample from link given below--
https://www.caclubindia.com/share_files/fixed-asset-register-location-wise-60777.asp#.VBUwYfmSzUs
14 September 2014
Please vide below link may be help full to you
IT shows how assets maintained item wise under the main - block wise (also location wise too) in tally.
https://www.youtube.com/watch?v=xVX5kfKYEQE
Smart work always reduce your work burden.
Instead of maintaining FAR in excel preferable to maintain in tally it self.
IT shows how assets maintained item wise under the main - block wise (also location wise too) in tally.
https://www.youtube.com/watch?v=xVX5kfKYEQE
Smart work always reduce your work burden.
Instead of maintaining FAR in excel preferable to maintain in tally it self.
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