AA-18-Antivirus Software Assets or Expense

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All Respected Members,

Please educate me that if we purchase antivirus software for 1 year validity, how will it be considered ? It will consider expense or assets? If it will be considered assets, can we record as office equipment?

Thanks in advance for your precious time and efforts to reply this query. 

Replies (7)
It will be recorded as an expense.
Dear Aakrash,

Thanks for your reply.

Can you please share logic behind it to record as expense?

I found on internet that some persons recommend to record it as assets.

Kind response awaited from Aakrash Sir. 

Because it is short lived. Its an operating expense.

Dear Yasaawi Gomes,

Please let me know in which account should we record this software expense?
I understand that thi would be a indirect expense but I want to know that what should be the account name for this expense?

It's maintenance head

Dear Yasaawi Gomes,

Thanks for your reply.

it's mean entry will be:

maintenance account Dr.

To Bank account Cr.


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