Fixed assets repair

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629 Points Posted on 11 April 2021
Sir,

We have a four Wheeler pick up fixed assets. in Feb month we have repair the pick up (service, welding, nut bolt labour charges) incurred Rs.19700/- in tally which name and group I create the ledger.
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On 11 April 2021 at 16:12 Report
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This discussion addresses how to correctly record fixed asset repair costs, such as for a four-wheeler pickup, within Tally accounting software. It explores setting up appropriate ledgers under 'Indirect Expenses' for service, welding, and labour charges. The conversation also touches upon potential issues arising from not receiving a bill from the repair person.

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2742 Points Posted on 11 April 2021
Repair and maintenance of vehicle under indirect expenses
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On 11 April 2021 at 16:34
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629 Points Posted on 11 April 2021
Thank you Sir,
Sir, Repair person has not given to bill so can we face any issue
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On 11 April 2021 at 17:13
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Chartered Accountant
24588 Points Posted on 11 April 2021
Repairs and maintenance under Indirect Expenses group
1 Reply
On 11 April 2021 at 17:24

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