Solar panels subsidy - books entry in tally
This query is : Resolved
Quick Summary
23 July 2024
We bought solar panels and got 30% subsidy from government, how to pass entries in tally. how much amount to be capitalize and 30% where to transfer for Society books of accounts.
24 July 2024
Adjust subsidy against capital cost and capitalise 70%.
24 July 2024
How adjust? Adjustment entries please.. it's society
24 July 2024
Society same entry.
Debit subsidy A/C
Credit solar panel fixed assets A/C
Debit subsidy A/C
Credit solar panel fixed assets A/C
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