Interior designs comes under

11388 views 11 replies
interior design expenses comeds under which head?? in tally
Replies (11)

In case of initial expenditure, you may capitalize the same to the cost of the building else have an account as it is i.e interior design expenses under Indirect expenses.

Are you sole proprietor ?.
Interior Design for Home or office ?.
Is it Business expense or personal ?.
LLP...... expenses paid 100,000
Is it for LLP Business purpose ?.
Yes sir new llp
Then you can show under Indirect Expense , Profit and Loss Account .

But  you said Its new  LLP , expense may also be capitalize with cost  of Building . just  confirm with others also .

It can be capitalised or expense out depends upon a materiality of amount.
if it's not material than u can charge to P&L
It depends either it should be capitalised or charged to P/L account

You can book it as fixed assets - Under Leasehold property improvement If rented office or you can take into furniture and fixtures account head.   

 

 

If it's for home then you should try Animal Skulls for decoration.

https://skullsavvy.com/


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register