if company buy chairs for employees it's comes under which head ? in tally
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Fixed assets or staff welfare expense
Replies (7)
Furniture & Fixture under Fixed Assets
if company buy chairs for employees...
What is the use or where is it...?
in company use or employees home use...?
Clear Your query...!
What is the use or where is it...?
in company use or employees home use...?
Clear Your query...!
it's for office use
It should be classified as fixed assets... furniture and fixtures
| Originally posted by : Praveen Singh | ||
 |
it's for office use |  |
If it's used in office then You can account under Fixed Asset head. no need doubts.
But,
The Question is doubtful as "company buy chairs for employees". So, Only doubt..
Under Fixed Assets Column
If it is used in the premises of office/factory, include it in furniture & fixtures.
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