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Accounting for machinery
how thousands of machinery is recorded in books and their depreciation ??
Replies (10)
A seperate register to be maintained for recording purchase of machinery date wise and put a seperate column for depreciation and net amount in a particular year
It will be considered in a particular block of assets under PPE as per AS-10
You have to maintain a register or record it in some excel. You may also provide separate details in ITR
Also you can arrange machineries block wise
Also you can arrange machineries block wise
If you are maintaining it in software then it's fine. Else excel is sufficient and need not be manual register
Stop repeating your replies, increase your knowledge to reply in one shot @ eshwar Reddy . I think it's easy for Some literate person to understand what is meaning of replying once or single reply or non repeatedly reply. Even after saying on about more than 50 post you are replying again and again like a fool.
You are already a fool and act like far below .
No matters but you ruined the whole platform with your senseless and multiple replies
But many times you are trying follow my answers and trying to target and so I have no other option except counter it back
If you are man, then don't reply a single emoji or text now on this post as it's going on tooo much
Om Namah Shivaya 🌹 The End
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