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Interior designs comes under
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 ?.
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
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.
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