Expense or Assets

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ACCOUNTANT EXCUTIVE
20 Points Posted on 17 September 2020
Hard Disk
SSD DRIVE
RAM

Can Capitalize or Expenses

please suggest.
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On 17 September 2020 at 13:46 Report
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This discussion explores whether IT components such as hard drives, RAM, and SSDs should be treated as capital expenditure or revenue expenditure. The consensus leans towards treating them as expenses, particularly if the amounts are not material or if the business is a trader of electronic items. If the business is not a trader, these items are generally considered assets.

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20 Points Posted on 17 September 2020
In my opinion all above will be revenue expenditure , please confirm with others also.
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On 17 September 2020 at 14:55
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CFO- at NHTF
20 Points Posted on 17 September 2020
If you are a trader of electronic items it can be expense.Else it will be asset ...
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On 17 September 2020 at 16:27
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Tax and Business Consultant
20 Points Posted on 18 September 2020
It will be revenue expenditure as amount is not material, you can Expenses out the same...
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On 18 September 2020 at 23:20

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