Showroom making expences
This query is : Resolved
Faisal KhAN
(Querist)
07 November 2018
Hi,
I start my office and for renovation I have paid for electric fitting, paint, cctv and celling exp. I want to know under which head I should make a entry in tally for these expenses.
I start my office and for renovation I have paid for electric fitting, paint, cctv and celling exp. I want to know under which head I should make a entry in tally for these expenses.
Rajnish Singh
(Expert)
08 November 2018
if office is your own than renovation you can capitalized under electrical equipment and building.
Faisal KhAN
(Querist)
10 November 2018
Building in on rent and the space is around 700 sq. feet.
Faisal KhAN
(Querist)
10 November 2018
ok, and under the same head as Rajnish Sir mentioned.
10 November 2018
(under the same head as Rajnish Sir mentioned.)
What you mean...?
What you mean...?
Faisal KhAN
(Querist)
10 November 2018
My real question was:
I start my office(it's on rent) and for renovation I have paid for electric fitting, paint, cctv and celling exp. I want to know under which heads I should make a entry in tally for these expenses.
I start my office(it's on rent) and for renovation I have paid for electric fitting, paint, cctv and celling exp. I want to know under which heads I should make a entry in tally for these expenses.
10 November 2018
You can Book it under "Fixed Assets Head" or "Repairs & Maintenance"
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Rajnish Singh
(Expert)
10 November 2018
Dear Faishal,
Seggrigate like this....All the expenses made on renovation of building is your expense and book this under repair & maint.
All the electrical item expenses like cctv, fans, lcd, ac, cooler , exhust will be capitalized under fixed assets sub head electrical equipment or office equipment.
Seggrigate like this....All the expenses made on renovation of building is your expense and book this under repair & maint.
All the electrical item expenses like cctv, fans, lcd, ac, cooler , exhust will be capitalized under fixed assets sub head electrical equipment or office equipment.
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