Revenue or capital expenditure

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Anjan S Mehta (Querist)
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26 April 2017 Dear All,
We are manufacturing foam mattresses. This year my company has decided to take bar code for the product. So, my query is :- (a) What is Bar Code & it gives benefit to the co. (b) Co has paid annual regn fees & other related charges to the agency, This amt i have to take in which head? Is it revenue / capital expenditure?

Pls explain me in details.

Thanks in advance

Anjan S. Mehta

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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26 April 2017 It is a revenue expenditure. Bar code helps in computerised billing through bar code reader.

Anjan S Mehta

Anjan S Mehta (Querist)
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27 April 2017 Thanks Sir, But in which account head to be taken?

Anjan S Mehta

Anjan S Mehta (Querist)
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28 April 2017 Pls answer for the accounting head of my above mentioned query.

thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 April 2017 Account it as marketing expenditure.

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