I have purchased domain & SSL certificate. I want to know in which head I have to put it.
can someone please answer this?
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Account head
Replies (3)
You can show it as an intangible asset.
You can book under Website expenses
The website does not fall under the PPE I guess and there is no future economic benefit. And your not a business as well? Then simply it’s all sorts of expense- start up expenses are expensed, expenditure which does not fall under PPE are expenses, and similarly ssl certificate needs to be expensed because it isn’t enhancing the economic benefits in excess of the website.
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