Expenses to be capitalised

594 views 1 replies

Dear All,

I am having following queries related to warehouse expenses:

Expenses are booked in books of accounts under the head “Warehouse expenses” like Tea, printer cartage, electricity bill for warehouse etc.  Another example expenses incurred for plantation at various sites and these expenses are booked under  the same head mentioned above i.e. Warehouse Expenses. Finally all the expenses accounted under this head are capitalised.

My 1st query is that all the expenes mentioned in the above para are accounted in proper head or not.

My 2nd query is that such expenses need to be capitalised or not.

Regards.....Bhushan

Replies (1)
Originally posted by : Bhushan

Dear All,

I am having following queries related to warehouse expenses:

Expenses are booked in books of accounts under the head “Warehouse expenses” like Tea, printer cartage, electricity bill for warehouse etc.  Another example expenses incurred for plantation at various sites and these expenses are booked under  the same head mentioned above i.e. Warehouse Expenses. Finally all the expenses accounted under this head are capitalised.

My 1st query is that all the expenes mentioned in the above para are accounted in proper head or not.

My 2nd query is that such expenses need to be capitalised or not.

Regards.....Bhushan

Expenses incurred upto the date of installation of machinery / trial output of the machineries shuold require to capitalise.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details